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North America 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: 5387626
  • Report
  • June 2021
  • Region: North America
  • 106 pages
  • Marqual IT Solutions Pvt. Ltd (KBV Research)

FEATURED COMPANIES

  • Amazon.com, Inc.
  • Cisco Systems, Inc.
  • Google, Inc.
  • IBM Corporation
  • Intel Corporation
  • Microsoft Corporation
The North America Internet of Things (IoT) in Retail Market is expected to witness market growth of 22.3% CAGR during the forecast period (2021-2027).

The presence of digital and in-store operations in the retail industry is supporting the growth of the IoT in the retail market. IoT is estimated to restore the retail sector, changing the conventional physical stores into advanced digital stores. This technology offers a competitive edge to the retailers by providing smart shelves and RFID tags, which identify low inventory and monitor the movement of the goods. With the adoption of IoT technology, retailers get effective management of in-store operations and deliver an enhanced shopping experience to their consumers.

Smart shelf technology was broadly launched to the retail sector when Kroger, the supermarket chain with the largest revenue share in the US, examined approx. 2,000 smart shelves in 2016. When a stocker comes to the shop with their digital shopping list on their smartphone, the cell phone is expected to vibrate in case a required product is on the shelf or nearby it. To improve the visibility, a shelf in requirement of more merchandise is expected to light up. These smart shelves have three mutual components, which have an RFID tag, an antenna, and an RFID reader. A microchip on a tag is moved by using an antenna to an IoT platform where it’s handled by a reader. These gathered data by smart shelves at the daytime is expected to be later transferred with a store manager to offer customer-related insights.

The high adoption of advanced technologies, solutions, and systems in North America is one of the major driving factors for the regional Internet of Things in the retail market. In addition, the presence of key players in this market is also supporting the growth of the market. Companies like Microsoft and Intel are introducing various capabilities to the retailers, which is expected to encourage them to adopt IoT in their stores.

However, the shifting preference of the people towards online platforms or e-commerce is estimated to hinder the growth of the Internet of Things in the retail market during the forecast period. These factors are together working to accelerate the Internet of Things in the retail market during the forecast period.

The US in the North America Internet of Things (IoT) in Retail Software Market by Country is expected to achieve a market value of $13,168.8 million by 2027. The Canada market is experiencing a CAGR of 27.1% during (2021 - 2027). Additionally, The Mexico market is expected to witness a CAGR of 26% 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 U.S., Mexico, Canada, and Rest of North America.

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
  • US
  • Canada
  • Mexico
  • Rest of North America
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
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Internet of Things (IoT) in Retail Market, by Component
1.4.2 North America Internet of Things (IoT) in Retail Market, by Technology
1.4.3 North America 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. North America Internet of Things (IoT) in Retail Market by Component
4.1 North America Internet of Things (IoT) in Retail Hardware Market by Country
4.2 North America Internet of Things (IoT) in Retail Market by Hardware Type
4.2.1 North America Internet of Things (IoT) in Retail RFID Tags Market by Country
4.2.2 North America Internet of Things (IoT) in Retail Sensors Market by Country
4.2.3 North America Internet of Things (IoT) in Retail Beacons Market by Country
4.2.4 North America Other Hardware Type Internet of Things (IoT) in Retail Market by Country
4.3 North America Internet of Things (IoT) in Retail Software Market by Country

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

Chapter 6. North America Internet of Things (IoT) in Retail Market by Country
6.1 US Internet of Things (IoT) in Retail Market
6.1.1 US Internet of Things (IoT) in Retail Market by Component
6.1.1.1 US Internet of Things (IoT) in Retail Market by Hardware Type
6.1.2 US Internet of Things (IoT) in Retail Market by Technology
6.2 Canada Internet of Things (IoT) in Retail Market
6.2.1 Canada Internet of Things (IoT) in Retail Market by Component
6.2.1.1 Canada Internet of Things (IoT) in Retail Market by Hardware Type
6.2.2 Canada Internet of Things (IoT) in Retail Market by Technology
6.3 Mexico Internet of Things (IoT) in Retail Market
6.3.1 Mexico Internet of Things (IoT) in Retail Market by Component
6.3.1.1 Mexico Internet of Things (IoT) in Retail Market by Hardware Type
6.3.2 Mexico Internet of Things (IoT) in Retail Market by Technology
6.4 Rest of North America Internet of Things (IoT) in Retail Market
6.4.1 Rest of North America Internet of Things (IoT) in Retail Market by Component
6.4.1.1 Rest of North America Internet of Things (IoT) in Retail Market by Hardware Type
6.4.2 Rest of North America 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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