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Global Smart Retail Market in depth Revenue Analysis and Massive Developments by 2025 - Key Player Analysis of Texas Instruments, Honeywell, NVIDIA, Samsung Electronics, Microsoft, Google, PTC, Amazon, NXP Semiconductors, Cisco, LG Display and others
Global Smart Retail Market
The Global Smart Retail Market is expected to reach USD 59.3 billion by 2025 from USD 10.4 billion in 2017 and is projected to grow at a CAGR of 24.2% in the forecast period of 2018 to 2025.
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Market Segmentation: Global Smart Retail Market
Global Smart Retail Market, By Application (Visual Marketing, Smart Label, Smart Payment System, Intelligent System, Robotics, Analytics), Geographical Segments (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2025
Key Players: Global Smart Retail Market
Intel Corporation, IBM, NVIDIA, Samsung Electronics, Microsoft, Google, PTC, Amazon, NXP Semiconductors, Cisco, LG Display, Huawei Technologies, ParTech, Inc., Texas Instruments, Honeywell, Bosch, NVIDIA Taiwan, Samsung Electronics America, Cisco Systems France, Broadcom Inc., Ingenico Nordic Retail Group, NEC Corporation, Verifone,SoftBank Robotics US, LG Display America, Inc., IEI Integration Corp.,SoftBank Robotics Europe, Bosch USA, Bosch Australia & New Zealand, Bosch Switzerland, Bosch UK, Bosch Group Romania, Bosch the Netherlands, SoftBank Robotics China, Verifone Finland Oy, NEC Europe, NEC Corporation of America, NEC Corporation (Thailand) Ltd., Smart Retail Solutions Inc., Techni-Connection, IEI Technology USA Corporation and others.
Market Drivers and Restraints: Global Smart Retail Market
Growing need for better customer services and shopping experience
Decreasing cost of electronics components
Emerging new technologies creates new revenues for retailers
Data security and privacy concerns with new advanced technologies
High maintenance of advanced computing systems
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Recent Industry Developments:
In Feb 2017, IBM and Tech Mahindra joined hands to accelerate global hybrid cloud adoption for the development of its cloud based applications.
In October 2013, Microsoft acquired mobile hardware division of Nokia in order to develop more smart devices and increase its business among different countries
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