Global Retail Cloud Market Growth Prospects, Future Industry Landscape 2032 | Cisco Systems Inc., Fujitsu, Google, IBM Corporation, Infor Inc., JDA Software Group, Microsoft Corporation
As per the retail cloud market report by The Business Research Company, the rapid adoption of smartphones is expected to drive the growth of the retail cloud market going forward
The global retail cloud market size grew from $27.1 billion in 2022 to $31.68 billion in 2023, at a compound annual growth rate (CAGR) of 16.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The retail cloud market size is expected to grow to $58.67 billion in 2027 at a CAGR of 16.7%.
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Major players in the retail cloud market are Cisco Systems Inc., Fujitsu, Google, IBM Corporation, Infor Inc., JDA Software Group, Microsoft Corporation, Oracle Corporation, SAP SE, Amazon Web Services, Syntel, Baidu, T-Systems, Nutanix, and Netmagic Solutions.
The Retail Cloud market is segmented -
1) By Type: Channel Operations, Supply Chain Management, Customer Management, Merchandising, Workforce Management, Reporting and Analytics, Data Security
2) By Service Model: Software as a Service (SaaS), Platform as a Service (PaaS), Infrastructure as a Service (IaaS)
3) By Deployment: Public Cloud, Private Cloud, Hybrid Cloud
4) By Organization Size: Small and Medium Enterprise, Large Enterprise
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Retail cloud is a cloud-based retail solution that combines artificial intelligence (AI) and data analytics, which allow retailers to build goods responsive to consumer feedback. Retailers can use cloud computing to obtain information from internet sources to meet their customers' needs. Cloud computing allows for the streamlining of supply chains and logistics and the delivery of high-quality and seamless client experiences.
The Table Of Content For The Retail Cloud Market Include:
1. Executive Summary
2. Retail Cloud Market Characteristics
3. Retail Cloud Market Trends And Strategies
4. Retail Cloud Market - Macro Economic Scenario
5. Retail Cloud Market Size And Growth
27. Retail Cloud Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Retail Cloud Market
29. Retail Cloud Market Future Outlook and Potential Analysis
The "Global Retail Cloud Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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