Press release
Connected Retail Market - Detailed Analysis of Current and Future Industry Figures till 2027 | Atmel, ARM , Cisco, IBM, Google, Intel, NXP, Microsoft, PTC, Softweb Solutions
“Connected Retail Industry Report″ is a direct appreciation by The Insight Partners of the market potential. The report intends to provide accurate and meaningful insights, both quantitative as well as qualitative of Connected Retail Market.Connected retail means to connect with the customers seamlessly through personalized marketing, the combination of a physical store and digital experience, supply chain, varied payment options and providing the capability to employees to collaborate more effectively.
Increasing adoption of the Internet of Things (IoT) is the primary driver of the global connected retail market, promising to revolutionize the way retailers handle their inventory management and customers use end products such as washing machines, wearable devices, automotive, mobile phones and tablets, among others. As the technology is harnessed further, the costs of components such as RFID tags are expected to decline and become more affordable for larger masses. The emergence of omni channel retailing also expected to fuel the connected retail market, which on the other hand is expected to suffer negatively from a few factors such as privacy issues and lack of IoT standards.
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The reports cover key developments in the Connected Retail market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from Connected Retail market are anticipated to lucrative growth opportunities in the future with the rising demand for Connected Retail market in the global market.
Key Players Influencing the Market
• Atmel Corporation
• ARM Holdings PLC
• Cisco Systems, Inc.
• IBM Corporation
• Google, Inc.
• Intel Corporation
• NXP Semiconductors N.V.
• Microsoft Corporation
• PTC, Inc.
• Softweb Solutions, Inc
The “Global Connected Retail Market Analysis to 2027” is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of Connected Retail market with detailed market segmentation by component, deployment type, industry vertical, and geography. The global Connected Retail market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Connected Retail market players and offers key trends and opportunities in the market.
The global connected retail market is segmented on the basis of component, technology. On the basis of component, market is segmented as hardware, software, services. On the basis of technology, market is segmented as Zigbee, WI-FI, Bluetooth LE, NFC, others
Besides this, the report analyzes factors affecting Connected Retail market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions considered in the Global Connected Retail Market report.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Connected Retail market based on the type and application. It also provides market size and forecast till 2027 for overall Connected Retail market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
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Answers that the report acknowledges:
• Market size and growth rate during forecast period.
• Key factors driving the Connected Retail Market.
• Key market trends cracking up the growth of the Connected Retail Market.
• Challenges to market growth.
• Key vendors of Connected Retail Market.
• Detailed SWOT analysis.
• Opportunities and threats faces by the existing vendors in Global Connected Retail Market.
• Trending factors influencing the market in the geographical regions.
• Strategic initiatives focusing the leading vendors.
• PEST analysis of the market in the five major regions.
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