The global retail cloud market attained a value of over USD 19.35 Billion in 2024. The market is further expected to grow in the forecast period of 2025-2034 at a CAGR of 16.80%.
Going further, growing investments in cloud-based solutions is further influencing enterprises to invest in hybrid cloud solutions. This is because hybrid cloud solutions are a combination of on-premises, private cloud, third-party, and public cloud services offering greater flexibility and customisation potential for individual company needs.
Meanwhile, the Asia Pacific region is expected to fuel the market growth of retail cloud on account of the surging popularity of cloud-based solutions, especially in countries like India, Japan, and China. The increasing penetration of the internet has encouraged the adoption of advanced solutions in the retail industry. This is further expected to boost the market growth in the region.
Other market players include Microsoft Corporation, SAP SE, Google, and IBM Corporation, among others.
Key Trends in the Market
Retail cloud refers to the cloud computing technology that is used in the retail industry. Retail cloud services can manage the complete back-end process of any retail operation, including inventory management, order processing, fulfilment, and shipping. The cloud helps retailers redefine and personalise consumer relationships, and optimise and transform operations, along with generating more efficient merchandising as well as supply networks.- The increasing awareness and adoption of omni-channel retailing is expected to drive the retail cloud market growth during the forecast period. This is due to the advantages of retail cloud technology in supporting omni-channel sales.
- The growing digital transformation among retailers is likely to gain traction and boost market growth. Moreover, retailers are focusing on increasing their IT spending which is expected to boost the market growth of retail clouds.
- Competition is on the rise among retailers, and retail cloud provides them with an edge, by streamlining their operations and increasing efficiency. As competition continues to increase with more companies crossing regional borders, the market growth of retail cloud is expected to grow over the coming years.
Market Segmentation
The report titled “Retail Cloud Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:Market Breakup by Model Type
- Software as a Service (SaaS)
- Platform as a Service (PaaS)
- Infrastructure as a Service (IaaS)
Market Breakup by Deployment
- Public Cloud
- Private Cloud
- Hybrid Cloud
Market Breakup by Organisation Size
- Small and Medium Enterprise
- Large Enterprise
Market Breakup by Solution
- Supply Chain Management
- Workforce Management
- Customer Management
- Reporting and Analytics
- Data Security
- Omni-Channel
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Market Share by Deployment
The hybrid cloud form of deployment is holding robust growth in the retail cloud market share across the globe on account of the increasing adoption of hybrid cloud solutions by several companies. This is due to the better operational efficiency and delivery service offered by hybrid cloud solutions in less time.Going further, growing investments in cloud-based solutions is further influencing enterprises to invest in hybrid cloud solutions. This is because hybrid cloud solutions are a combination of on-premises, private cloud, third-party, and public cloud services offering greater flexibility and customisation potential for individual company needs.
Market Share by Region
Geographically, the North American region is expected to augment the retail cloud market share on account of the rising adoption of cloud-based solutions across the retail industry in developed economies like Canada and the United States. The United States is expected to hold the market growth on account of the rising investment in innovative technologies. The growing e-commerce industry in the country, with smaller retailers expanding to e-commerce platforms is likely to push forward market growth over the coming years.Meanwhile, the Asia Pacific region is expected to fuel the market growth of retail cloud on account of the surging popularity of cloud-based solutions, especially in countries like India, Japan, and China. The increasing penetration of the internet has encouraged the adoption of advanced solutions in the retail industry. This is further expected to boost the market growth in the region.
Competitive Landscape
The comprehensive report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global retail cloud market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.Oracle Corporation
Oracle Corporation offers cloud-based solutions for numerous enterprises. It provides database and middleware software, cloud infrastructure software and hardware systems, and application software. The company provides integrated cloud solutions, Software-as-a-Service (SaaS), and Infrastructure-as-a-Service (IaaS). It also offers licenses for new on-premise software, related support solutions, and licenses updates.Cisco Systems, Inc.
Cisco Systems, Inc. deals in the manufacture, sale, and design of Internet Protocol-based networking services and products associated with the communications and information technology industry. It offers information technology and networking services. It also offers software development, enterprise network security, data collaboration, and cloud computing, among other related services.Fujitsu Limited
Fujitsu Limited offers information and communications technology (ICT) solutions. The company provides a variety of storage devices, computing devices, servers, electronic devices, allied products, and networking systems. It provides business transformation, applications, networks, communication services, and cybersecurity.Other market players include Microsoft Corporation, SAP SE, Google, and IBM Corporation, among others.
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Global Retail Cloud Market Analysis
6 Regional Analysis
7 Market Dynamics
8 Competitive Landscape
Companies Mentioned
- Oracle Corporation
- Cisco Systems, Inc.
- Fujitsu Limited