Press release
Retail Analytics Market Growth Projection 2020 Key Players: - 1010Data, Adobe Systems, Inc, FLIR Systems, Inc., HCL Technologies, IBM Corporation, Microsoft Corporation, MicroStrategy Incorporated, Salesforce.com, Inc., SAP SE, SAS Institute, Tableau Soft
Retail Analytics Market
Request for Sample Copy of This Report @ https://www.decresearch.com/request-sample/detail/319
This could massively benefit prominent retailers as they leverage big data to streamline their merchandising strategies. Additionally, factors like rapid adoption of online shopping and e-commerce platforms for purchasing mundane items and escalating demand for data-intensive solutions could sway retailers to implement retail analytics solutions into their businesses.
Retail analytics market players, including 1010Data, Adobe Systems, Inc., Angoss Software, Bedrock Analytics Corporation, FLIR Systems, Inc., HCL Technologies, IBM Corporation, Information Builders, Microsoft Corporation, MicroStrategy Incorporated, Oracle Corporation, Qlik Technologies, Inc., Salesforce.com, Inc., SAP SE, SAS Institute, Tableau Software, Teradata Corporation, and TIBCO Software, Inc. are accomplishing significant research and development investments in order to bring up solutions with newer capabilities and product launches to score an edge over the competitors.
Effective customer management plays a vital role in enhancing a retailer's consumer base. Increasing focus towards customer profiling to attain better ad targeting and customer loyalty could foster the growth of customer management services in retail analytics market, helping record a compound annual growth rate of more than 20% by 2026.
Customer management solutions allow retailers to obtain actionable insights from consumer data while helping them to accordingly design new strategies to strengthen their customer base through customized & highly relevant offers. Taking March 2018 for instance, Nokia unveiled a new AI-based customer management analytics platform that supported experience in index functionality. This helped retailers to address their customer's grievances and issues through real-time query resolution and automated recommendations.
Surging investments in retail AI coupled with rapid digitalization is fueling the deployment of retail analytic solutions in Europe. Forecasters claim that Europe retail analytics market could monitor more than 20% CAGR by 2026. Factors like evolving customer preferences, inconsistency in supply chains, and increasing retail shrinkage could supplement regional business growth over the forecasted timeframe.
Besides, European retailers are also harnessing latest technological innovation and are often open to exploring new analytical tools to strengthen their business abilities. Citing an instance, back in August 2018, Symphony Retail AI joined forces with Globus, a German hypermarket retailer, to improve its user's online ordering experience. This, in turn, allowed the firm to curb the product delivery time and enhance its multichannel logistics processes.
In a bid to ascertain significant retail analytics market share, retail analytics companies are heavily adopting various growth strategies like new product launches. Companies are planning to venture into new alliances to supplement their long-standing partner networks.
Make an Inquiry for purchasing this Report @ https://www.decresearch.com/inquiry-before-buying/319
As a matter of fact, vendors are also planning to penetrate new untapped markets in emerging economies to enhance their global presence. Recently, in January 2020, the U.S. based digital merchandising and retail analytics firm, First Insights Inc., diversified its technology platform by introducing the Voice of Customer Analytics.
Contact Us:
DecResearch.com
Website: - https://www.decresearch.com/
Email: info@decresearch.com
About DecResearch.com:
DecResearch.com, powered by GMI, is an online aggregator of information on market research reports. The website provides comprehensive information as well as a detailed 'Table of Contents' for reports being regularly published by GMI. Via this platform, users not only get to answers to their questions about these reports, they also have an additional avenue to talk to the sales and research teams of GMI to learn more about the topics of their interest.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Retail Analytics Market Growth Projection 2020 Key Players: - 1010Data, Adobe Systems, Inc, FLIR Systems, Inc., HCL Technologies, IBM Corporation, Microsoft Corporation, MicroStrategy Incorporated, Salesforce.com, Inc., SAP SE, SAS Institute, Tableau Soft here
News-ID: 2033809 • Views: …
More Releases from DecResearch.com
Whats Driving The Plant-based Waters Market Share? PepsiCo Inc., Caliwater LLC, …
Decresearch has recently published a study titled ‘Global Plant-based Waters Market Research Report’. In this report, analysts have provided a detailed evaluation of the global Plant-based Waters market. The report is inclusive of a completely comprehensive study of the Plant-based Waters Market alongside all the important factors that are likely to have an impact on the commercialization matrix of the market.
A highly methodical quantitative as well as qualitative analysis of…
Whats Driving The Feed Phosphate Market Share? Yara International, The Mosaic Co …
Decresearch has recently published a study titled ‘Global Feed Phosphate Market Research Report’. In this report, analysts have provided a detailed evaluation of the global Feed Phosphate market. The report is inclusive of a completely comprehensive study of the Feed Phosphate Market alongside all the important factors that are likely to have an impact on the commercialization matrix of the market.
A highly methodical quantitative as well as qualitative analysis of…
Whats Driving The Fish Protein Hydrolysate Market Size? SOPROPECHE, Symrise AG, …
Decresearch has recently published a study titled ‘Global Fish Protein Hydrolysate Market Research Report’. In this report, analysts have provided a detailed evaluation of the global Fish Protein Hydrolysate market. The report is inclusive of a completely comprehensive study of the Fish Protein Hydrolysate Market alongside all the important factors that are likely to have an impact on the commercialization matrix of the market.
A highly methodical quantitative as well as…
Whats Driving The Food Safety Testing Market Share? Emsl Analytical Inc, Eurofin …
The global Food Safety Testing market was valued at USD 14 Billion in 2018 and is projected to touch USD 24 Billion by 2025, developing at a CAGR of 7.5% from 2019 to 2025. Decresearch has recently published a study titled ‘Global Food Safety Testing Market Research Report’. In this report, analysts have provided a detailed evaluation of the global Food Safety Testing market. The report is inclusive of a…
More Releases for Retail
India Retail Market Top Key Players – Reliance Retail, V Mart, D Mart, Pantalo …
Indian retail industry has emerged as one of the most dynamic and fast-paced industries due to the entry of several new players. With the arrival of several new players, Indian retail has become one of the most dynamic and fast industries. The sector is the largest source of employment after agriculture and has deep penetration into rural India generating more than 10 per cent of India’s GDP.
With the advancement in…
Retail IoT Software Market 2020-2026 | Coffee Cloud, Honeywell Connected Retail, …
The Research Insights has included a report, titled a global Retail IoT Software market to its extensive repository. This analytical report has been compiled by using primary and secondary research techniques. The global market research report offers in-depth analysis of global market trends, platforms, drivers, restraints and opportunities. It also presents a complete overview of the global market with respect to current statistics, historical records, and future predictions.
Retail IoT software…
Global Organized Retail Market 2019 - Pantaloons Retail, Reliance Retail, Shoppe …
Organized retailing is the process of selling goods or merchandise all under one roof in a fixed location such as a departmental store, hypermarket, supermarket or even a convenience store. Organized retail also includes internet retailing, which is the process of buying and selling products and services, such as COD, card on delivery, or trial services, through the internet.
Get Free Sample Copy of Report Here: http://bit.ly/2DdvEVA
Scope of the Report:
This report…
Retail Display Industry Segment Analysis by Product Type Touch-screen retail dis …
The displays that are used in retail applications like POS systems, kiosks, ATMs, and digital signage are referred to as retail displays. The touchscreen displays segment in the retail sector accounted for the maximum market share during 2017. In 2018, the global Retail Display market size was xx million US$ and is forecast to xx million US in 2025, growing at a CAGR of xx% from 2018. In this study,…
Global Retail Management Software Market 2017 - Cegid, OpenXcell Technolabs, Vis …
Global Retail Management Software Market 2017 Survival Strategies explore Economic Impact in Global Industries Manufactures, Growth, Size, Share, Trends, Development Challenges and Opportunities till 2022
A Research study on " Global Retail Management Software Market 2017-2022 " represent the market share and size of Retail Management Software in international Industry. MRS Research Group added latest market research report by QY Research. Research Report provides an essential information and statistically evaluated data…
Retail Scales
To enhance the portfolio and offering to the UK retail trade.
Bizerba (UK) Ltd have expanded their offering of products to the portfolio. To accompany the additional products an added service to the retail trade is on site viewings.
The service includes the entire retail product range which includes software and Meat and food slicers. All you have to do is contact Bizerba and book an appointment with the local…
