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Global Smart Shopping Cart Market (2020-2025) by Type, Technology, Application, Sales, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

  • ID: 5312253
  • Report
  • March 2021
  • Region: Global
  • 189 pages
  • Infogence Global Research
UP TO OFF
until Jul 31st 2021
The Global Smart Shopping Cart Market is Estimated to Be USD 931.22 Mn in 2020 and is Expected to Reach USD 2,913 Mn by 2025, Growing at a CAGR of 25.62%

FEATURED COMPANIES

  • Amazon
  • Engage In-Store
  • IBM Corp
  • Microsoft Corp.
  • Retail AI, inc
  • Toshiba Corp.
  • MORE
The Global Smart Shopping Cart Market is estimated to be USD 931.22 Mn in 2020 and is expected to reach USD 2,913 Mn by 2025, growing at a CAGR of 25.62%.



Market Dynamics

Key factors, such as growing preference for express retail self-checkout counters along with the growth in IoT and connected devices have led to the progress in the automated billing procedures at various supermarkets. These factors have contributed to the growth of the global smart shopping cart Market. Moreover, the need to constantly innovate and develop a better way to ensure customer engagement throughout the customer shopping journey has further facilitated the growth of this market.
However, the high cost of the smart cart, malfunctioning due to sensor issues in the carts and limited capabilities in the major deployements is restraining the growth of the market.

Market Segmentation

The Global Smart Shopping Cart Market is segmented further based on Type, Technology, Application, Sales, and Geography.

By Type, the market is classified as an open-source shopping cart, hosted shopping cart, and CMS+ e-commerce plugin. Amongst all, the hosted shopping cart segment is estimated to hold the highest market share.

By Technology, the market is classified as Zigbee, RFIDs, and Bar Codes. Amongst all, the RFID segment is estimated to hold the highest market share.

By Application, the market is classified as supermarkets, Shopping Malls, and others. Amongst the two, the shopping mall is estimated to hold the highest market share during the forecast period.

By Sales, the market is classified as direct and distributed. Amongst the two, the direct sales segment is estimated to hold the highest market share.

By Geography, North America is projected to lead the market.

Recent Developments
1. Kroger, one of the largest retailer has partnered with an Artificial Intelligence (AI) firm Caper for deploying computer vision-enabled shopping car in Cincinnati, US - 29th January 2021
2. Amazon is launching a smart grocery cart known as the “dash cart” that uses cameras, sensors to detect and log items further reducing the process involved in the traditional logout process. - 14th July 2020

Company Profiles

Some of the companies covered in this report are Oracle, Engage In-Store, SK Telecom, Shanghai Qixin Automation Systems Co. Ltd, Microsoft Corp, V-Mark, Toshiba, Compaq Computer Corp, Media Cart Holdings, Inc., IBM Corp, and Fujitsu Limited, etc.

Competitive Quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?
  • The report offers a comprehensive evaluation of the Global Smart Shopping Cart Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes in-depth market analysis using Porter’s 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
  • The report also contains the competitive analysis using IGR Positioning Quadrants, the analyst's proprietary competitive positioning tool.
Report Highlights:
  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Amazon
  • Engage In-Store
  • IBM Corp
  • Microsoft Corp.
  • Retail AI, inc
  • Toshiba Corp.
  • MORE
1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Shareholders

2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.3 Market Size Estimation
2.4 Assumptions of the Study
2.5 Limitations of the Study

3 Executive Summary

4 Market Overview
4.1 Introduction
4.2 Market Dynamics
4.2.1 Drivers
4.2.1.1 Growth in IoT and automated billing processes
4.2.1.2 Growing preference for express retail self-checkout counters
4.2.1.3 Growing need for enhancing customer shopping journey
4.2.1.4 Increasing demand for in-store advertising and communications system in cart display devices
4.2.2 Restraints
4.2.2.1 Limited adoption among retailers due to high cost and malfunctioning
4.2.2.2 Limited capabilities in the majority of deployments
4.2.3 Opportunities
4.2.3.1 Emergence of autonomous retail technology
4.2.3.2 Growing availability of multiple payment options
4.2.3.3 Integration of AI in smart cart
4.2.3.4 Rising participation of start-ups in the development of smart carts
4.2.4 Challenges
4.2.4.1 Data privacy issues
4.2.4.2 Limited profitability
4.3 Trends

5 Market Analysis
5.1 Porter’s Five Forces Analysis
5.2 Impact of COVID-19
5.3 Ansoff Matrix Analysis

6 Global Smart Shopping Cart Market, By Type
6.1 Introduction
6.2 Open source Shopping Cart
6.3 Hosted Shopping Cart
6.4 CMS+ E-Commerce Plugin

7 Global Smart Shopping Cart Market, By Technology
7.1 Introduction
7.2 Zigbee
7.3 RFIDs
7.4 Bar Codes

8 Global Smart Shopping Cart Market, By Application
8.1 Introduction
8.2 Supermarket
8.3 Shopping Malls
8.4 Others

9 Global Smart Shopping Cart Market, By Sales
9.1 Introduction
9.2 Direct
9.3 Distributor

10 Global Smart Shopping Cart Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 South America
10.3.1 Brazil
10.3.2 Argentina
10.4 Europe
10.4.1 UK
10.4.2 France
10.4.3 Germany
10.4.4 Italy
10.4.5 Spain
10.4.6 Rest of Europe
10.5 Asia-Pacific
10.5.1 China
10.5.2 Japan
10.5.3 India
10.5.4 Indonesia
10.5.5 Malaysia
10.5.6 South Korea
10.5.7 Australia
10.5.8 Russia
10.5.9 Rest of APAC
10.6 Rest of the World
10.6.1 Qatar
10.6.2 Saudi Arabia
10.6.3 South Africa
10.6.4 United Arab Emirates
10.6.5 Latin America

11 Competitive Landscape
11.1 Competitive Quadrant
11.2 Market Share Analysis
11.3 Competitive Scenario
11.3.1 Mergers & Acquisitions
11.3.2 Agreement, Collaborations, & Partnerships
11.3.3 New Product Launches & Enhancements
11.3.4 Investments & Funding

12 Company Profiles
12.1 Fujitsu Ltd.
12.2 Toshiba Corp.
12.3 Microsoft Corp.
12.4 V-Mark Enterprise Limited
12.5 SK Telecom Co. Ltd.
12.6 Oracle Corp.
12.7 Compaq Computer Corp.
12.8 Media Cart Holdings Inc.
12.9 The Japan Research Institute Ltd.
12.10 Engage In-Store
12.11 Shanghai Qixin Automation Systems Co, Ltd
12.12 IBM Corp
12.13 Caper Inc
12.14 Veeve Inc.
12.15 Tracxpoint, Inc
12.16 Amazon
12.17 Retail AI, inc
12.18 Focal Systems Inc
12.19 Klever Kart Inc
12.20 Smart Cart SA
12.21 Mitsui and Co Ltd

13 Appendix
13.1 Questionnaire
Note: Product cover images may vary from those shown
  • Fujitsu Ltd.
  • Toshiba Corp.
  • Microsoft Corp.
  • V-Mark Enterprise Limited
  • SK Telecom Co. Ltd.
  • Oracle Corp.
  • Compaq Computer Corp.
  • Media Cart Holdings Inc.
  • The Japan Research Institute Ltd.
  • Engage In-Store
  • Shanghai Qixin Automation Systems Co, Ltd
  • IBM Corp
  • Caper Inc
  • Veeve Inc.
  • Tracxpoint, Inc
  • Amazon
  • Retail AI, inc
  • Focal Systems Inc
  • Klever Kart Inc
  • Smart Cart SA
  • Mitsui and Co Ltd
Note: Product cover images may vary from those shown

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