CAGR +20%, Retail Cloud Market worth USD 51,000 million by 2024 | Epicor Software Corporation, SAP SE, IBM, Microsoft Corporation, Oracle Corporation

Global Retail Cloud Market research report presents a comprehensive overview, market shares, and growth opportunities of Retail Cloud market by product type, application, key manufacturers and key regions and countries. This report offers comprehensive analysis on global Retail Cloud market along with, market trends, drivers, and restraints of the Retail Cloud market. This report includes a detailed competitive scenario and product portfolio of key vendors
The global retail cloud market size was valued above USD 14,000 million in 2017, and is expected to cross USD 51,000 million by 2024 at a CAGR above 20% during the forecast period. With the increasing demand for customer focused, consistent, and reliable retail experience, retail cloud solutions, the global retail cloud industry is gaining huge traction.
Retail cloud in the study refers to cloud technology designed for retailers to enable them with cost-effective streamlined operations, the flexibility of scaling up and down the production process, real-time data reporting for interactive customer experience, and quicker speed to market the offerings. Retail Cloud allows the enterprises to expand their retail footprints while ensuring streamlined operations, ease of use of the latest cloud technology and unparalleled agility for an efficient response to the changing market dynamics. The market size in the report global retail cloud market represents revenue generated from the sale of retail cloud solutions at the consumer level

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High scale adoption of smart devices is driving the global retail cloud market

As per the findings of the research, the software category led the global retail cloud market in 2017 as compared to service. It is expected to continue its strong market hold with potential growth, during the forecast period. The growth is expected due to increasing demand for full software suit systems by various small and medium enterprises, which are lacking technical staff and capital for cloud transition. However, due to the rise of e-commerce and mobility has made it necessary for retailers to have greater visibility into the entire supply chain, thereby increasing their focus on retail cloud services.
Software as a service (SaaS) has been a forerunner in the highest revenue contribution to the global retail cloud market

With information technology (IT) evolving rapidly, retailers are looking for advanced software solutions to improve their business outcomes and face the increasing challenges of meeting dynamic consumer demands. SaaS allows retailers with significant cost reductions to effectively serve the existing market and open new ones.
Globally, North America contributed the largest revenue to the global retail cloud market, accounting for nearly 35% of the total revenues in 2017, and is expected to remain the largest market during the forecast period as well. The retail cloud market has been witnessing higher growth in developing regions such as Asia-Pacific, as compared to the developed regions such as North America, and Europe. However high price sensitivity and competition is expected in the North American and European retail cloud market during the forecast period.
Essential Features & key highlights of the report:
Key players:
Epicor Software Corporation, SAP SE, IBM, Microsoft Corporation, Oracle Corporation, Infor, RetailCloud, and, Cisco Systems Inc.
In the recent past, partnership and agreements have been the major recent activities in the global retail cloud market. For instance, In July 2018 Accenture and Google Cloud partnered to launch the Accenture Google Cloud Business Group (AGBG) which would be focused to enable companies leverage Google Cloud technology and help provide exceptional customer experiences and speed up their digital transformation journeys. The new partnership group will focus on consumer-packaged goods, health, and retail industries. Most of the major vendors in the global retail cloud market are actively focused on enhancing their offerings to meet the ongoing demand.
Market Segmentation:
By Solution
, Software
o Supply Chain Management
o Customer Management
o Workforce Management
o Reporting & Analytics
o Others
, Service
o Managed
o Professional
By Model
, Software as a Service (SaaS)
, Platform as a service (PaaS)
, Infrastructure as a Service (IaaS)
By Deployment
, Public Cloud
, Private Cloud
, Hybrid Cloud
By Enterprise Size
, Large Enterprise
, Small and Medium Enterprise (SME)
Geographical Breakdown:
Market Segment by Countries, covering
North America (United States, Canada, Mexico) Market Revenue and/or Volume
Europe (Germany, UK, France, Russia, Italy) Market Revenue and/or Volume
Asia Pacific (China, Japan, Korea, India, Southeast Asia) Market Revenue and/or Volume
Middle-East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa) Market Revenue and/or Volume
South America (Brazil, Argentina, Colombia) Market Revenue and/or Volume

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Furthermore, the years considered for the study are as follows:
Historical year – 2013-2017 | Base year – 2018 | Forecast period** – 2019 to 2025 [** unless otherwise stated]
The report provides a basic overview of the Retail Cloud industry including definitions, classifications, applications, and industry chain structure. And development policies and plans are discussed as well as manufacturing processes and capital expenditures.
Further, it focuses on global major leading industry players with information such as company profiles, product picture, and specifications, sales, market share and contact information. What’s more, the Retail Cloud industry development trends and marketing channels are analyzed.
The study is organized with the help of primary and secondary data collection including valuable information from key vendors and participants in the industry. It includes historical data from 2012 to 2017 and projected forecasts till 2025 which makes the research study a valuable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry related data in readily accessible documents with easy to analyze visuals, graphs and tables. The report answers future development trend of Retail Cloud based on of stating current situation of the industry in 2019 to assist manufacturers and investment organization to better analyze the development course of Retail Cloud Market.

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The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information the key players in the Global Retail Cloud Market
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the Global Retail Cloud Market
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the Global Retail Cloud Market
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the Global Retail Cloud Market
5. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the Global Retail Cloud Market
The report covers the following chapters
Chapter 1, About Executive Summary to describe Definition, Specifications and Classification of Retail Cloud market, Applications, Market Segment by Regions;
Chapter 2, to analyze objective of the study.
Chapter 3, to display Research methodology and techniques.
Chapter 4 and 5 , to show the Retail Cloud Market Analysis, segmentation sizing & growth;
Chapter 6 and 7, to show the Retail Cloud Market size, share and forecast; Five forces analysis (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 8 and 9, to show analysis by regional segmentation[North America, Europe, China & Japan ], comparison, leading countries and opportunities; Regional Marketing Type Analysis, Supply Chain Analysis
Chapter 10, focus on identifying the key industry influences, framework accumulated through Industry opinion leaders and decision makers;
Chapter 11 and 12, Customer behavior, Marketing Channels of Retail Cloud and demand map.
Chapter 13 and 14, highlights on vendor landscape (classification and Players Rank, up/Down in Positioning)
Chapter 15, deals won by Global Retail Cloud Industry Players, sales channel, distributors, Research Recommendation, appendix and data sources.
……..and view more in complete table of Contents

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