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Smart Retail Market Expected to Grow at 62.5 Billion In Revenue by 2025
According to Market Study Report, Smart Retail Market provides a comprehensive analysis of the Smart Retail Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape and emerging opportunities of global industry. This report also provides market landscape and market share information in the Smart Retail Market. An exclusive data offered in this report is collected by research and industry experts team.Get Free Sample Report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=3177669
The Global Smart Retail Market is estimated to grow from USD 21.6 Billion in 2020 to USD 62.5 Billion by 2025; growing at a CAGR of 23.6%. This report spread across 199 pages, profiling 14 companies and supported with 77 tables and 55 figures are now available in this research.
This Report Covers Leading Companies Associated in Worldwide Smart Retail Market:
o IBM (New York, US)
o Intel Corporation (California, US)
o Cisco Systems, Inc. (California, US)
o NXP Semiconductors N.V. (Eindhoven, Netherlands)
o Microsoft (Washington, US)
o Huawei Investment & Holding Co., Ltd. (Shenzhen, China)
o NVIDIA Corporation (California, US)
o Samsung Electronics (Suwon, South Korea)
o Google Inc. (California, US)
o PTC, Inc. (Massachusetts, US)
"Robotics segment is expected to grow at highest CAGR during forecast period"
Among systems, the market for robotics is expected to grow at the highest CAGR during the forecast period. Robots simplify the process of finding suitable products for customers. Thus, the growth of this segment can be attributed to the increase in the deployment of robots in supermarkets, hypermarkets, and other retail stores to make the shopping experience easy for consumers.
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"Market for smart fitting rooms, by application, is expected to grow at highest CAGR during forecast period"
Smart fitting rooms are specially designed rooms wherein customers can try clothes without wearing them. This reduces the shopping time, as well as the displeasure of customers. Moreover, smart mirrors in these rooms also recommend different colors and patterns to customers and enhance their experience. Owing to this, the market for smart fitting rooms is expected to grow at the highest CAGR during the forecast period.
"Smart retail market for fast-moving consumer goods is expected to grow at highest CAGR during forecast period"
The smart retail market for fast-moving consumer goods is expected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to the rising demand for fast-moving consumer goods from the continuously increasing global population.
Breakdown of primary participants' profile:
o By Company: Tier 1 - 25%, Tier 2 - 35%, and Tier 3 - 40%
o By Designation: C Level - 35%, Managers - 25%, Others - 40%
o By Region: North America - 25%, Europe - 42%, APAC - 21%, RoW - 12%
Competitive Landscape of Smart Retail Market:
1 Introduction
2 Market Ranking Analysis Of Players In Smart Retail Market, 2019
3 Competitive Leadership Mapping
3.1 Visionary Leaders
3.2 Dynamic Differentiators
3.3 Innovators
3.4 Emerging Companies
4 Competitive Scenario
4.1 Product Launches And Developments
4.2 Expansions
4.3 Partnerships, Agreements, Joint Ventures, And Collaborations
4.4 Acquisitions
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Research Coverage:
This report offers detailed insights into the smart retail market based on system, application, retail offering, and region. Based on system, the smart retail market has been segmented into digital signage solutions, smart labels, smart payment systems, intelligent vending machines, augmented reality solutions, virtual reality solutions, pos solutions, smart carts, robotics, and analytics. Based on application, the smart retail market has been classified into foot-traffic monitoring, inventory management, loyalty management and payment, predictive equipment maintenance, brand protection, and smart fitting rooms.
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