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Asia Pacific Internet of Things (IoT) in Retail Market By Component (Hardware and Software), By Technology (Near field communication, Bluetooth Low Energy, ZigBee and Others), By Country, Growth Potential, COVID-19 Impact Analysis Report and Forecast, 2021 - 2027

  • ID: 5387579
  • Report
  • June 2021
  • Region: Asia Pacific
  • 118 pages
  • Marqual IT Solutions Pvt. Ltd (KBV Research)

FEATURED COMPANIES

  • Amazon.com, Inc.
  • Cisco Systems, Inc.
  • Google, Inc.
  • IBM Corporation
  • Intel Corporation
  • Microsoft Corporation
  • MORE
The Asia Pacific Internet of Things (IoT) in Retail Market is expected to witness market growth of 26% CAGR during the forecast period (2021-2027).

The retail market has witnessed a significant shift with the advancements of Artificial Intelligence (AI) & Augmented Reality (AR) in retail shops. Several retailers utilize AI to know about the purchasing patterns of old customers, detect the target audience, and provide personalized product ads to their customers. Furthermore, AI has provided its traditional offering for conversational commerce, since retailers are implementing chatbots along with messaging applications, enabling the customers to communicate with their brands.

Internet of Things in retail has helped retailers to establish an automatic checkout system by utilizing IoT devices. These automatic checkout systems add to improved customer satisfaction that leads to high footfalls, specifically during a time crunch. For example, Nayasale Retail, an Indian start-up, is a completely AI-powered autonomous retail store in Kerala, India that marks an automatic checkout system, which removes the requirement for any cashiers or salespersons. This retail store concept is harmonized with Amazon Go, which enables customers to select their preferred items and utilize the automated checkout system. The Amazon Go store depends on weight sensors to know about the things selected by the shoppers.

The growing number of government initiatives to propel digitization is projected to bolster the growth of the regional retail market. Additionally, the convergence of technologies like analytics, cloud, mobility & big data, and the decreasing prices of sensors are among the leading factors surging the IoT adoption in the region.

The ongoing smart city initiatives in this region and the swiftly decreasing cost of sensors in the region are also anticipated to propel the growth of the market. Several retailers in this region are getting more aware of using advanced methods to link with smart devices like smartphones and smartwatches for improving their customer experience.

Nations like China are witnessing high adoption of the latest technologies, which is expected to bolster the growth of the Internet of Things in the retail market. In addition, retail companies are increasingly investing in making advanced retail stores to attract more customers to these retail stores. These factors are pushing the Internet of Things in the retail market forward.

The China in the Asia Pacific Internet of Things (IoT) in Retail Sensors Market by Country is expected to achieve a market value of $2,733.3 million by 2027. The Japan market is showcasing a CAGR of 24.3% during (2021 - 2027). Additionally, The India market is poised to grow at a CAGR of 25.8% during (2021 - 2027).

Based on Component, the market is segmented into Hardware and Software. Hardware Segment is further bifurcated across RFID Tags, Sensors, Beacons and Others. Based on Technology, the market is segmented into Near field communication, Bluetooth Low Energy, ZigBee and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc., IBM Corporation, Intel Corporation, Microsoft Corporation, PTC, Inc., Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Amazon.com, Inc., SAP SE, Software AG, Google, Inc.

Scope of the Study

Market Segments covered in the Report:

By Component
  • Hardware
  • RFID Tags
  • Sensors
  • Beacons
  • Others
  • Software
By Technology
  • Near field communication
  • Bluetooth Low Energy
  • ZigBee
  • Others
By Country
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
Companies Profiled
  • Cisco Systems, Inc.
  • IBM Corporation
  • Intel Corporation
  • Microsoft Corporation
  • PTC, Inc.
  • Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
  • Amazon.com, Inc.
  • SAP SE
  • Software AG
  • Google, Inc.
Unique Offerings from the Publisher
  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Amazon.com, Inc.
  • Cisco Systems, Inc.
  • Google, Inc.
  • IBM Corporation
  • Intel Corporation
  • Microsoft Corporation
  • MORE
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Internet of Things (IoT) in Retail Market, by Component
1.4.2 Asia Pacific Internet of Things (IoT) in Retail Market, by Technology
1.4.3 Asia Pacific Internet of Things (IoT) in Retail Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Geographical Expansions
3.2.4 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2017, Jan - 2021, Jan) Leading Players

Chapter 4. Asia Pacific Internet of Things (IoT) in Retail Market by Component
4.1 Asia Pacific Internet of Things (IoT) in Retail Hardware Market by Country
4.2 Asia Pacific Internet of Things (IoT) in Retail Market by Hardware Type
4.2.1 Asia Pacific Internet of Things (IoT) in Retail RFID Tags Market by Country
4.2.2 Asia Pacific Internet of Things (IoT) in Retail Sensors Market by Country
4.2.3 Asia Pacific Internet of Things (IoT) in Retail Beacons Market by Country
4.2.4 Asia Pacific Other Hardware Type Internet of Things (IoT) in Retail Market by Country
4.3 Asia Pacific Internet of Things (IoT) in Retail Software Market by Country

Chapter 5. Asia Pacific Internet of Things (IoT) in Retail Market by Technology
5.1 Asia Pacific Near field communication Internet of Things (IoT) in Retail Market by Country
5.2 Asia Pacific Bluetooth Low Energy Internet of Things (IoT) in Retail Market by Country
5.3 Asia Pacific ZigBee Internet of Things (IoT) in Retail Market by Country
5.4 Asia Pacific Others Internet of Things (IoT) in Retail Market by Country

Chapter 6. Asia Pacific Internet of Things (IoT) in Retail Market by Country
6.1 China Internet of Things (IoT) in Retail Market
6.1.1 China Internet of Things (IoT) in Retail Market by Component
6.1.1.1 China Internet of Things (IoT) in Retail Market by Hardware Type
6.1.2 China Internet of Things (IoT) in Retail Market by Technology
6.2 Japan Internet of Things (IoT) in Retail Market
6.2.1 Japan Internet of Things (IoT) in Retail Market by Component
6.2.1.1 Japan Internet of Things (IoT) in Retail Market by Hardware Type
6.2.2 Japan Internet of Things (IoT) in Retail Market by Technology
6.3 India Internet of Things (IoT) in Retail Market
6.3.1 India Internet of Things (IoT) in Retail Market by Component
6.3.1.1 India Internet of Things (IoT) in Retail Market by Hardware Type
6.3.2 India Internet of Things (IoT) in Retail Market by Technology
6.4 South Korea Internet of Things (IoT) in Retail Market
6.4.1 South Korea Internet of Things (IoT) in Retail Market by Component
6.4.1.1 South Korea Internet of Things (IoT) in Retail Market by Hardware Type
6.4.2 South Korea Internet of Things (IoT) in Retail Market by Technology
6.5 Singapore Internet of Things (IoT) in Retail Market
6.5.1 Singapore Internet of Things (IoT) in Retail Market by Component
6.5.1.1 Singapore Internet of Things (IoT) in Retail Market by Hardware Type
6.5.2 Singapore Internet of Things (IoT) in Retail Market by Technology
6.6 Malaysia Internet of Things (IoT) in Retail Market
6.6.1 Malaysia Internet of Things (IoT) in Retail Market by Component
6.6.1.1 Malaysia Internet of Things (IoT) in Retail Market by Hardware Type
6.6.2 Malaysia Internet of Things (IoT) in Retail Market by Technology
6.7 Rest of Asia Pacific Internet of Things (IoT) in Retail Market
6.7.1 Rest of Asia Pacific Internet of Things (IoT) in Retail Market by Component
6.7.1.1 Rest of Asia Pacific Internet of Things (IoT) in Retail Market by Hardware Type
6.7.2 Rest of Asia Pacific Internet of Things (IoT) in Retail Market by Technology

Chapter 7. Company Profiles
7.1 Cisco Systems, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.1.6 SWOT Analysis
7.2 IBM Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional & Segmental Analysis
7.2.4 Research & Development Expenses
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.5.2 Product Launches and Product Expansions:
7.2.6 SWOT Analysis
7.3 Intel Corporation
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 Recent strategies and developments:
7.3.5.1 Product Launches and Product Expansions:
7.3.6 SWOT Analysis
7.4 Microsoft Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.4.5.2 Product Launches and Product Expansions:
7.4.6 SWOT Analysis
7.5 PTC, Inc.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 Recent strategies and developments:
7.5.5.1 Partnerships, Collaborations, and Agreements:
7.5.5.2 Product Launches and Product Expansions:
7.6 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.7 Amazon.com, Inc.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 SWOT Analysis
7.8 SAP SE
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expense
7.8.5 Recent strategies and developments:
7.8.5.1 Partnerships, Collaborations, and Agreements:
7.8.5.2 Product Launches and Product Expansions:
7.8.5.3 Geographical Expansions:
7.8.6 SWOT Analysis
7.9 Software AG
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expense
7.9.5 Recent strategies and developments:
7.9.5.1 Partnerships, Collaborations, and Agreements:
7.9.5.2 Acquisition and Mergers:
7.10. Google, Inc.
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expense
7.10.5 Recent strategies and developments:
7.10.5.1 Partnerships, Collaborations, and Agreements:
7.10.6 SWOT Analysis
Note: Product cover images may vary from those shown
  • Cisco Systems, Inc.
  • IBM Corporation
  • Intel Corporation
  • Microsoft Corporation
  • PTC, Inc.
  • Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
  • Amazon.com, Inc.
  • SAP SE
  • Software AG
  • Google, Inc.
Note: Product cover images may vary from those shown

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