Global Smart Retail Market 2020-2024

Global Smart Retail Market 2020-2024

The publisher has been monitoring the smart retail market and it is poised to grow by $ 25.31 bn during 2020-2024, progressing at a CAGR of 15% during the forecast period. The reports on the smart retail market provide a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing use of smart retail, increasing use of AI in handling customer-front operations, and rising need for efficiency in retail operations. In addition, increasing use of smart retail is anticipated to boost the growth of the market as well.

The smart retail market analysis includes solution segment and geographical landscapes.

The smart retail market is segmented as below:

By Solution

• Hardware
• Software

By Geographical Landscapes

• North America
• Europe
• APAC
• South America
• MEA

This study identifies the growth of m-commerce as one of the prime reasons driving the smart retail market growth during the next few years. Also, strategic alliances and the rising adoption of IoT will lead to sizable demand in the market.

The smart retail market report covers the following areas:

• Smart retail market sizing
• Smart retail market forecast
• Smart retail market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading smart retail market vendors that include Alphabet Inc., Cisco Systems Inc., Huawei Investment & Holding Co. Ltd., Intel Corp., International Business Machines Corp., Microsoft Corp., NVIDIA Corp., NXP Semiconductors NV, Oracle Corp., and SAP SE. Also, the smart retail market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.