DUBLIN--(BUSINESS WIRE)--The "Smart Retail - Global Market Outlook (2018-2027)" report has been added to ResearchAndMarkets.com's offering.
The Global Smart Retail market accounted for $14.61 billion in 2018 and is expected to reach $84.92 billion by 2027 growing at a CAGR of 21.6% during the forecast period.
Rising adoption of big data analytics, machine learning, block chain, and artificial intelligence technologies by retailers and reducing cost of electronic components are the major factors driving the market growth. However, a high risk of customer data thefts is restraining the market growth.
Smart Retail consists of set of technologies specially designed to offer faster, smarter, and safer service to customers during shopping. Surveys are being carried out by retailers to recognize customer actions and requirements. They are also adopting several solutions to attract customers. Use of such technologies helps the retailers to promote a better brand image and increase sales.
Based on application, the foot-traffic monitoring segment is likely to have a huge demand due to continuous rise in population and its increase in awareness among retailers. By geography, North America is going to have a lucrative growth during the forecast period as it has a large number of supermarkets, hypermarkets, departmental stores, and other types of retail stores.
Companies Mentioned
- Amazon
- Bosch Group
- Broadcom Limited
- Cisco Systems
- First Data
- Google LLC
- Honeywell
- Huawei Investment & Holding
- IBM Corporation
- Ingenico
- Intel
- LG Display
- Par Technology
- PAX Global Technology
- Softbank Robotics Holdings
- Verifone
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Key Topics Covered:
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
5 Global Smart Retail Market, By Solution
5.1 Introduction
5.2 Software
5.3 Hardware
6 Global Smart Retail Market, By Retail Offering
6.1 Introduction
6.2 Hardlines and Leisure Goods
6.3 Fast-moving Consumer Goods
6.4 Apparel and Accessories
7 Global Smart Retail Market, By System
7.1 Introduction
7.2 Smart Label
7.2.1 Smart Shelf
7.2.2 Smart Beacon
7.3 Visual Marketing
7.3.1 Digital Signage
7.4 Intelligent System
7.4.1 Virtual Reality
7.4.2 Smart Carts
7.4.3 Interactive Kiosk
7.4.4 Augment Reality
7.5 Smart Payment System
7.5.1 POS System
7.5.2 Mobile Payment Application
7.5.3 e - payment System
7.6 Other Systems
7.6.1 Analytics
7.6.2 Robotics
8 Global Smart Retail Market, By Application
8.1 Introduction
8.2 Brand Protection
8.3 Foot-traffic Monitoring
8.4 Inventory Management
8.5 Loyalty Management and Payment
8.6 Predictive Equipment Maintenance
8.7 Smart Fitting Rooms
9 Global Smart Retail Market, By Geography
9.1 Introduction
9.2 North America
9.3 Europe
9.4 Asia Pacific
9.5 South America
9.6 Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
For more information about this report visit https://www.researchandmarkets.com/r/2kn9lk
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July 07, 2020 at 06:10PM
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Insights on the Smart Retail Global Market to 2027 - Drivers, Restraints, Opportunities and Threats - ResearchAndMarkets.com - Business Wire
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