Press release
Digital Transformation Market In Retail to Reflect Impressive Growth Rate of 22.15% by 2023 | Top Leading Players – Amazon, Ebay, SAP SE, Flipkart, IBM, Honeywell, Tesco, Mercado Libre, Oracle
Digital Transformation In Retail Market
Overview of the Global Digital Transformation In Retail Market:
The Global Digital Transformation Market In Retail was is expected to register a CAGR of 22.15% during the forecast period of 2018-2023.
The advent of digital technologies for the collection, storage, analysis, and distribution of information has created new dynamics in digital transformation of the retail market. These digital technologies have also created numerous new opportunities for vendors serving the market, as any organization requires an efficient and easy work process, owing to the increase in the worldwide liberal trade policies and end users.
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Increasing Usage of Smart Devices to Drive the Market’s Growth; Companies, such as Amazon, EBay, and others, have been continuously updating in tandem with the way consumers think about their services and how they go about their daily routines of shopping, with the help of smart gadgets. Smart devices even help the retail businesses to retain customers, by providing personalized and targeted services. They offer scalable, high performance, and cost-efficient services for businesses looking to expand their future operations, by providing 24/7 insights. These dynamics are expected to boost digital transformation of the retail market over the forecast period. The retail model is anticipated to look radically different, from what it was a decade ago.
Beauty and Personal Care Gaining Considerable Traction in the Digital Transformation Market; Owing to the increasing penetration of technology among various age groups across the globe, the retail domain has become an integral part of cosmetic products. Free returns and wide delivery options are focused on by retailers, thus adding value to the segment. Retail outlets continue to expand their product line (ranging from hair care, body care, face care, alcoholic perfumery, and hygiene products), with specifications and effective price comparison provided to consumers. The retail giants with more experience in the industry have been concentrating on the beauty and personal care products through e-commerce, which has given them access to larger customer bases. With larger customer bases, evolving technologies, and distribution channels, digital transformation of the retail sector is offering significant growth opportunities to the beauty & personal care market.
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Major Key Players:
1 Amazon Corporation
2 Ebay Corporation
3 SAP SE
4 Flipkart Inc.
5 IBM Corporation
6 Snapdeal Pvt. Ltd
7 Honeywell International Inc.
8 Tesco Pvt. Ltd
9 Mercado Libre
10 Oracle Corporation and More………....
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What Information does this report contain?
1 A detailed analysis of regulatory trends, drivers, industry pitfalls, challenges and growth opportunities for participants
2 Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?
3 Which are the leading market products, applications & regions and how will they perform by 2023?
4 What are the technologies & innovation trends, how will they evolve by 2023?
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 Digital Transformation In Retail Market.
Table of Contents:
1 Introduction
2 Research Approach and Methodology
3 Executive Summary
4 Market Dynamics
5 Global Digital Transformation In Retail Market - Segmentation
6 Competitive Intelligence Company Profiles
7 Investment Analysis
8 Outlook of the Advanced Authentication Market in the Financial Service Industry
About us:
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.
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