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Smart Retail Technology Market Is Booming Worldwide | Intel, IBM, NVIDIA, Samsung, Microsoft, Google, PTC, Amazon, Cisco System, NXP Semiconductors

12-29-2021 01:11 PM CET | IT, New Media & Software

Press release from: Market Insights Reports

This report discusses many vital industry facets that influence the Global Smart Retail Technology  industry acutely which includes extensive study of competitive edge, latest advancements, region-wise industry environment, contemporary market and manufacturing trends, leading market contenders, and current consumption tendency of the end user. The report also oversees market size, market share, growth rate, revenue, and CAGR reported previously along with its forecast estimation. The impact of the COVID-19, and also forecasts its recovery post-COVID-19. The report also presents forecasts for Sodium-ion Battery investments from 2021 till 2026.

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https://www.marketinsightsreports.com/reports/12234440925/global-smart-retail-technology-market-size-status-and-forecast-2022/inquiry?Mode=S21

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendors/manufacturers in the market. The key manufacturers covered in this report: Intel, IBM, NVIDIA, Samsung, Microsoft, Google, PTC, Amazon, Cisco System, NXP Semiconductors, Par Technology, SoftBank, Ingenico, Verifone, First Data, NCR, EVRY

News and Updates

Amazon Launches ‘Smart Stores’ Initiative in India to Digitise Local Shops- Amazon has launched a new initiative called Smart Stores in India to let offline retailers enable contactless discovery of products and online payments. The new move by the US e-commerce giant is an answer to Google's Spot Platform under which merchants in the country are offered with Spot Codes that can be scanned to make payments and engage with customers without having an app or website. Smart Stores are powered by Amazon Pay and work with a dedicated QR code.

Vivo launches “VIVO Smart Retail” to facilitate offline retailers- Smartphone brand Vivo on Sunday launched its “VIVO Smart Retail” (VSR) model to enable its offline retailers to begin smartphone sales once business resumes.

Smartphone brand Vivo on Sunday launched its “VIVO Smart Retail” (VSR) model to enable its offline retailers to begin smartphone sales once business resumes.- The American firm’s latest attempt is called “Smart Stores.” For this India-specific program, Amazon is providing physical stores with software to maintain a digital log of the inventory they have in the shop, and supplying them with a QR code.

 

Market Overview

Smart retail technologies provide faster, smarter, safer and more convenient services to shoppers. In addition to improving customer experience, these services accelerate inventory management and enhance store operations. Technologies such as AI, AR, VR and IoT are encouraging the implementation of smart retail applications and propelling the market growth.

The retail industry in North America and Europe is mature and highly competitive while Asia Pacific, Latin America, and the Middle East and Africa have been particularly decisive in driving the growth of the market. Economic growth and growing investments by retailers and international brands have changed the overall retail landscape. The rising customer spending, which accounts for more than two-thirds of the GDP, is especially encouraging for retailers. Additionally, the growing penetration rate of disruptive technologies, such as IoT, AI, VR, and AR, is also playing a niche role in reshaping the retail industry.

Growing the usage of the internet and technology, reducing the cost of electronic products, growing mobile penetration, increasing the need to provide better customer service are some of the factors that help the growth of the global smart retail market over the forecast period

Segmentation by type: breakdown data from 2016 to 2021 in Section 2.3; and forecast to 2026 in section 10.7

Hardware

Software

Service

Segmentation by application: breakdown data from 2016 to 2021, in Section 2.4; and forecast to 2026 in section 10.8

Departmental Stores

Cinema Complexes

Stadiums

Amusement Parks

Airports

Other

Regional and Country-level Analysis

The report offers an exhaustive geographical analysis of the global Smart Retail Technology market, covering important regions, viz, North America, Europe, China, and Japan. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.

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Smart Retail Technology Analysis and Strategies Carry Out as below:

The report elucidates a gist of the tried-and-tested as well as innovative strategies undertaken by potential stakeholders with regards to the marketing of the product.
The sales channels chosen (that include direct as well as indirect marketing) by the companies are briefly enumerated in the Smart Retail Technology market report.
The distributors of these products and a gist of the top-of-the-notch customers for the same are also encompassed in the study.
The report is inclusive of the pivotal driving forces influencing the commercialization landscape of the Smart Retail Technology market and their impact on the revenue scale of this business sphere.
The rising product demand from the key geographies as well as the pivotal applications and potential business arenas are also included in the Smart Retail Technology Market report.

Buy Now This Report at

https://www.marketinsightsreports.com/report/purchase/12234440925?mode=su?Mode=S21

Note: All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234
Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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