Press release
Global Smart Retail Market: Research analysis with study of current trends, industry development drivers, and restraints, key players along with comprehensive value chain analysis during 2018-2023
Smart Retail includes a set of technology solutions that enable existing physical stores to be turned into interactive sales points to meet the new demands of buyers due to the digital revolution. Second, provide the necessary tools for retail stores. Gain detailed business and customer insights, increase sales, and improve operational processes.The report examines all the vital aspects of the Smart Retail Market and provides a predictive examination about its future scope of growth through 2023, factoring in the factors that will drive and restrain its course of development and the vital trends and regulations affecting numerous aspects of the market. The competitive landscape of the Global market has also been defined in high detail.
The main driving force in the market is creating new revenue for retailers with increased adoption of smartphones, increased need for better customer service and shopping experience, reduced cost of electronic components, and the emergence of emerging new technologies. The main constraint on the market is the new advanced technology data security and privacy issues.
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Global Smart Retail Market is expected to grow at a CAGR of +21% during the forecast period 2018-2023
Key players
Intel (US), IBM (US), NVIDIA (US), Samsung Electronics (South Korea), Microsoft (US), Google (US), PTC (US), Amazon (US), Cisco System, (US), NXP Semiconductors, others
The vital regions focused on within the report contain North America, Europe, Middle East & Africa, Asia-Pacific and Latin America. For each important region, the report reveals significant data, for example consumption ratios, revenue streams, production rates, market shares, and future anticipated trends.
North America is envisioned to emerge as a leading regional market with a share of over 35.0% in 2016. Increased spending on product monitoring and supply chain monitoring are expected to open new growth avenues over the next few years in the region
Managed services segment is anticipated to witness considerable growth over the forecast timeline. This can be attributed to the rising focus to considerably reduce the in-house IT costs, allowing internal IT staffs to focus more on the core competencies
The exploration report assesses the Global Smart Retail Market in a comprehensive way by clarifying the prime attributes of the market that is relied upon to affect its dynamic situations over the anticipated period. The major development drivers, confinements, and tendencies impacting the worldwide market are investigated.
The research report also examines the market hierarchy carrying out a SWOT examination of the vital players operating on the global Smart Retail Market in order to deliver an complete picture of the competitive landscape in the industry and help the members to come up with market winning plans to improve an edge over their peers.
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Table of Contents:
Global Smart Retail Market Research Report 2018-2023
Chapter 1: Smart Retail Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: Global Market Competition by Manufacturers
Chapter 4: Global Production, Revenue (Value) by Region
Chapter 5: Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Global Production, Revenue (Value), Price Trend by Type
Chapter 7: Smart Retail Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Effect Factors Analysis
Chapter 12: Global Smart Retail Market Forecast
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