The Future of Automation in Retail Stores
As social distancing is new normal, grocery stores are adapting technology to prevent overcrowding in a place. Deep learning, computer vision, and specialized sensors could help develop a humanless convenience store. It works together to not only automate the checkout counter but also the whole in-store experience. Even by 2023, e-commerce is forecasted to account for only 21 percent of total retail sales and just 5 percent of grocery sales. Therefore, the physical stores are here to stay accounting for the rest of the retail sales. Moreover, it also implies that the future of retail belongs to enterprises that can offer a true omnichannel experience.
Jan-3-2022, 08:10:54 GMT
- Industry:
- Retail (1.00)
- Technology:
- Information Technology > Artificial Intelligence
- Vision (0.53)
- Machine Learning (0.37)
- Information Technology > Artificial Intelligence