Big Data Analytics in Retail Market to Observe Strong Development of 21.15% CAGR by 2023: Worldwide Top Key Players - SAP SE, Oracle, Qlik Tech, Zoho, IBM, Retail Next, Alteryx, Tableau Software

Marketprognosis.com Publish a New Market Research Report On “Global Big Data Analytics in Retail Market - Growth, Trends, and Forecasts (2018 - 2023)” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Big Data Analytics in Retail Market:

The Global Big Data Analytics in Retail Market was valued at USD 2.85 Billion in 2017, and is projected to reach a value of USD 9.01 Billion by the end of 2023, registering a CAGR of 21.15% over the forecast period, 2018-2023.

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Big Data Analytics has gradually emerged to be the prominent collective phenomenon in the industry, and analytics tools enable key stakeholders to translate hordes of consumer data into actionable insights. More than ever, retailers are now taking advantage of their in-store connected working environment investments to empower distribution associates and even cashiers and other staff with real-time analytics. The demand for advanced big data analytics tools has been bolstering the retail analytics market, globally. The process of retail analytics begins with gathering data from multiple sources, followed by data mining for gaining insights into business decisions in retail marketing and warehousing. Moreover, big data analytics provides an additional benefit to retailers, by enabling them to devise and test their strategies before implementation. Even consumers have an advantage of getting product insights, thereby, improving their decision process. The trend is revolutionizing the retail market.

The major contributors to the market in the region are China and India, as the countries together account for the lion’s share of the revenue generated in the retail industry in APAC. The presence of a robust retail industry setup with rapidly prospering economies, and boasting of the largest consumer base, as compared to the Rest of the World, the market for analytics finds immense potential for deployment in the region. Other major factors driving the growth of the market in the region are the growth in consumer electronics, industrial, transportation & logistics, and other industries, which essentially make up the retail industry.

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Major Key Players:

1 SAP SE

2 Oracle Corporation

3 Qlik Technologies Inc.

4 Zoho Corporation

5 IBM Corporation

6 Retail Next Inc.

7 Alteryx Inc.

8 Tableau Software, Inc.

9 Adobe Systems Incorporated

10 Microstrategy Inc. and More………………

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This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What is driving this market?

4 What are the challenges to market growth?

5 Who are the key vendors in this market space?

6 What are the market opportunities and threats faced by the key vendors?

7 What are the strengths and weaknesses of the key vendors?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Big Data Analytics in Retail Market.

Table of Contents:

1 Introduction

2 Research Approach and Methodology

3 Executive Summary

4 Market Dynamics

5 Global Big Data Analytics in Retail Market Segmentation and Forecast

6 Competitive Intelligence - Company Profiles

7 Investment Analysis

8 Future of Big Data Analytics in Retail Market

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