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Retail Cloud Global Market By Component, By Model Type, By Deployment, By Solution, By Enterprise Size, By Regional Forecast 2023-2032 | Cisco Systems Inc., Fujitsu, Google, IBM Corporation, Infor Inc.
Retail Cloud Market
Retail Cloud Market Size, Growth Rate, And Forecast
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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Retail Cloud Market Drivers
The rapid adoption of smartphones is expected to drive the growth of the retail cloud market going forward. High internet usage and the acceptance of 5G-enabled smartphones have surged in both advanced and emerging economies, allowing users to connect with people worldwide in real time.
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Retail Cloud Market Segments
• By Type: Channel Operations, Supply Chain Management, Customer Management, Merchandising, Workforce Management, Reporting and Analytics, Data Security
• By Service Model: Software as a Service (SaaS), Platform as a Service (PaaS), Infrastructure as a Service (IaaS)
• By Deployment: Public Cloud, Private Cloud, Hybrid Cloud
• By Organization Size: Small and Medium Enterprise, Large Enterprise
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Retail Cloud market.
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Retail Cloud Market Key Players
Major competitors in the Retail Cloud market include 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 Business Research Company's "Global Retail Cloud Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high-level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
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
.....
26. Africa Retail Cloud Market
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
30. Appendix
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