Connected Retail Market At CAGR 19.05%. -Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2022 - 2028 | IMR

Market Overview:

The Connected Retail Market is valued at USD 27.58 Billion in 2021 and is anticipated to reach USD 93.48 Billion over the forecast period 2028, at a CAGR of 19.05%.

Connected retail can be referred to as a place that connects customers seamlessly through personalized marketing, the combination of the physical store and digital experience, the supply chain, and varied payment options. Connected retail does this by arranging a unified and digitally appreciated experience that attaches to and affect customers at the bridge of the basic and physical world. It provides customers with a logical journey, which is to shop from digital to physical, linking their online shopping experiences with in-store experiences.

Connected retail is the future of retail with its help retailers are connecting with customers through technology to attempt a superior experience. Connected retail is more and more involving consumers at an interchange of physical and virtual world. providing the capability for employees to collaborate more effectively. In today's digital world of connected retail, retail brands exist to enhance their understanding of their customers and with accelerating technology growth, businesses must take new strategies to elevate their Connected retail marketing approaches and manage customer demand.

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The Report Will Include A Major Chapter
• Patent Analysis
• Regulatory Framework
• Technology Roadmap
• BCG Matrix
• Heat Map Analysis
• Price Trend Analysis
• Investment Analysis

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Market Dynamics:

Driver:
The primary factor driving the demand for Connected Retail is the growing adoption of the Internet of Things (IoT) and other major technologies. Connected retail provides opportunities for retailers in three critical areas, supply chain, customer experience, new channels, and revenue streams. Presently many retailers have already successfully adopted IoT, enabling their customers to connect with the next generation of consumers, use sophisticated technology, and leverage connected devices like wearable devices, mobile phones, etc.

Opportunities:
Factors like Easy connectivity, Higher sales, higher profits, Higher footfall, and Fast and green delivery provided by connected retail are the forecasted growth factors for the connected retail market during the upcoming period, with all these connected Retail also providing vast possibilities involving the companies working in the supply chain.

Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help

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Market Segmentation
By Type
• Hardware
• Software
• Services

By Application
• ZigBee
• NFC
• Bluetooth Low Energy
• Wi-Fi
• Other Technologies

By Region
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of SA)

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Players Covered in Connected Retail market are :
• Cisco Systems (San Jose California)
• Verizon (New York, United States)
• International Business Machines Corporation (IBM) (U.S.)
• Amazon Web Services Inc. (Seattle, U.S.)
• Microsoft Corporation (Washington, U.S.)
• Belatrix Software (Redwood City, U.S)
• ARM Holdings PLC (Softbank Group) (Cambridge, U.K)
• Softweb Solutions Inc. (Chicago, U.S)
• Atmel Corporation (Microchip Technology Inc.) (California, U.S)
• Google Inc. (U.S.)
• Microsoft Corporation (U.S.)
• Intel Corporation (Santa Clara, U.S)
• SAP SE (Germany)
• NXP Semiconductors NV (Netherlands)
• Zebra Technologies Corp. (U.S)
• Fujitsu Limited (Tokyo, Japan)
• PTC Inc. (Massachusetts, U.S) other Major Players.

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