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Smart Retail Market to Surge from USD 29.84B in 2023 to USD 120.46B by 2030

Smart Retail Market

Smart Retail Market

๐’๐ฆ๐š๐ซ๐ญ ๐‘๐ž๐ญ๐š๐ข๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ญ ๐ญ๐จ ๐’๐จ๐š๐ซ: ๐๐ซ๐จ๐ฃ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐‘๐ž๐š๐œ๐ก ๐”๐’๐ƒ ๐Ÿ๐Ÿ๐ŸŽ.๐Ÿ’๐Ÿ” ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐ŸŽ

The global smart retail market is experiencing unprecedented growth, with projections indicating a rise from USD 29.84 billion in 2023 to an impressive USD 120.46 billion by 2030. This expansion represents a robust compound annual growth rate (CAGR) of 22.06% over the forecast period.

๐’๐ฆ๐š๐ซ๐ญ ๐‘๐ž๐ญ๐š๐ข๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

Smart retail integrates traditional shopping with advanced technologies such as Artificial Intelligence (AI), Virtual Reality (VR), Augmented Reality (AR), and the Internet of Things (IoT). This fusion enhances consumer experiences, optimizes inventory management, and streamlines store operations. Notably, the adoption of smart payment systems is accelerating globally, driven by the increasing demand for digital payment solutions and the digitization of retail outlets. Projections suggest that smart payment systems will constitute approximately 25% of the global smart retail market share by 2030.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/24096/

๐‚๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐’๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ
๐‘บ๐’Ž๐’‚๐’“๐’• ๐‘น๐’†๐’•๐’‚๐’Š๐’ ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ช๐’๐’๐’”๐’๐’๐’Š๐’…๐’‚๐’•๐’Š๐’๐’ ๐’‚๐’๐’… ๐‘ฎ๐’“๐’๐’˜๐’•๐’‰ ๐’Š๐’ ๐‘ฝ๐’Š๐’†๐’•๐’๐’‚๐’Ž:

Vietnam's retail sector is witnessing significant mergers and acquisitions (M&A) activity. Notably, the Singapore-based sovereign wealth fund ๐†๐ˆ๐‚ is vying for a 20% stake in ๐๐š๐œ๐ก ๐‡๐จ๐š ๐—๐š๐ง๐ก, a prominent grocery store chain under ๐Œ๐จ๐›๐ข๐ฅ๐ž ๐–๐จ๐ซ๐ฅ๐. This potential deal underscores the attractiveness of Vietnam's retail market to foreign investors and is expected to invigorate M&A activities in the country.

๐‘บ๐’Ž๐’‚๐’“๐’• ๐‘น๐’†๐’•๐’‚๐’Š๐’ ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ฌ๐’™๐’‘๐’‚๐’๐’”๐’Š๐’๐’ ๐’‚๐’๐’… ๐‘ถ๐’‘๐’‘๐’๐’“๐’•๐’–๐’๐’Š๐’•๐’Š๐’†๐’” ๐’Š๐’ ๐‘ป๐’‰๐’‚๐’Š๐’๐’‚๐’๐’…:

Thailand's retail landscape is evolving, with significant investments and acquisitions shaping the market. For instance, ๐“๐ก๐š๐ข๐๐ž๐ฏ acquired a substantial stake in ๐’๐š๐›๐ž๐œ๐จ, Vietnam's leading beverage company, marking one of the largest transactions in the region. Such moves highlight Thailand's strategic efforts to expand its retail footprint in Southeast Asia.

๐‘บ๐’Ž๐’‚๐’“๐’• ๐‘น๐’†๐’•๐’‚๐’Š๐’ ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ป๐’“๐’‚๐’๐’”๐’‡๐’๐’“๐’Ž๐’‚๐’•๐’Š๐’๐’ ๐’‚๐’๐’… ๐‘ป๐’“๐’†๐’๐’…๐’” ๐’Š๐’ ๐‘ฑ๐’‚๐’‘๐’‚๐’:

Japan is experiencing a transformative phase in its retail sector, marked by notable M&A activities. A significant development includes the Canadian convenience store giant ๐€๐ฅ๐ข๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐‚๐จ๐ฎ๐œ๐ก๐ž-๐“๐š๐ซ๐ making an informal offer to acquire ๐’๐ž๐ฏ๐ž๐ง & ๐ข ๐‡๐จ๐ฅ๐๐ข๐ง๐ ๐ฌ, the Japanese owner of 7-Eleven. If successful, this would represent the largest-ever takeover of a Japanese company by a foreign buyer, signaling a shift in Japan's corporate landscape.

๐‘บ๐’Ž๐’‚๐’“๐’• ๐‘น๐’†๐’•๐’‚๐’Š๐’ ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ฐ๐’๐’๐’๐’—๐’‚๐’•๐’Š๐’๐’ ๐’‚๐’๐’… ๐‘ฎ๐’“๐’๐’˜๐’•๐’‰ ๐’Š๐’ ๐‘บ๐’๐’–๐’•๐’‰ ๐‘ฒ๐’๐’“๐’†๐’‚:

South Korea's retail market is embracing technological advancements, with a focus on integrating AI and IoT to enhance consumer experiences. The country's tech-savvy population and high internet penetration rate make it a fertile ground for smart retail solutions, driving growth and innovation in the sector.

๐‘บ๐’Ž๐’‚๐’“๐’• ๐‘น๐’†๐’•๐’‚๐’Š๐’ ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘บ๐’•๐’“๐’‚๐’•๐’†๐’ˆ๐’Š๐’„ ๐‘ฐ๐’๐’—๐’†๐’”๐’•๐’Ž๐’†๐’๐’•๐’” ๐’‚๐’๐’… ๐‘ถ๐’‘๐’‘๐’๐’“๐’•๐’–๐’๐’Š๐’•๐’Š๐’†๐’” ๐’Š๐’ ๐‘บ๐’Š๐’๐’ˆ๐’‚๐’‘๐’๐’“๐’†:

Singapore continues to be a hub for retail innovation and investment. The interest of ๐†๐ˆ๐‚ in acquiring a stake in Vietnam's ๐๐š๐œ๐ก ๐‡๐จ๐š ๐—๐š๐ง๐ก reflects Singapore's strategic approach to expanding its retail investments in the Southeast Asian market, leveraging its financial prowess to tap into emerging opportunities.

๐‘บ๐’Ž๐’‚๐’“๐’• ๐‘น๐’†๐’•๐’‚๐’Š๐’ ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘จ๐’…๐’๐’‘๐’•๐’Š๐’๐’ ๐’‚๐’๐’… ๐‘ป๐’“๐’†๐’๐’…๐’” ๐’Š๐’ ๐‘ผ๐’๐’Š๐’•๐’†๐’… ๐‘บ๐’•๐’‚๐’•๐’†๐’”:

The United States retail market is at the forefront of adopting smart technologies. Retailers are increasingly implementing AI-driven analytics, AR/VR solutions, and IoT devices to enhance customer engagement and operational efficiency. This trend is propelling the growth of the smart retail market in the region.

๐‘บ๐’Ž๐’‚๐’“๐’• ๐‘น๐’†๐’•๐’‚๐’Š๐’ ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ช๐’๐’๐’”๐’๐’๐’Š๐’…๐’‚๐’•๐’Š๐’๐’ ๐’‚๐’๐’… ๐‘ฌ๐’™๐’‘๐’‚๐’๐’”๐’Š๐’๐’ ๐’Š๐’ ๐‘ช๐’‰๐’Š๐’๐’‚:

China's retail sector is undergoing consolidation, exemplified by ๐Œ๐ˆ๐๐ˆ๐’๐Ž'๐ฌ acquisition of a 29.4% stake in ๐˜๐จ๐ง๐ ๐ก๐ฎ๐ข ๐’๐ฎ๐ฉ๐ž๐ซ๐ฌ๐ญ๐จ๐ซ๐ž๐ฌ for approximately USD 893 million. This strategic move positions MINISO as the largest shareholder in Yonghui, reflecting a trend of consolidation and strategic partnerships in China's retail industry.

๐‘บ๐’Ž๐’‚๐’“๐’• ๐‘น๐’†๐’•๐’‚๐’Š๐’ ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ฐ๐’๐’๐’๐’—๐’‚๐’•๐’Š๐’๐’ ๐’‚๐’๐’… ๐‘ซ๐’š๐’๐’‚๐’Ž๐’Š๐’„๐’” ๐’Š๐’ ๐‘ฌ๐’–๐’“๐’๐’‘๐’†:

Europe's retail market is embracing smart technologies to enhance consumer experiences and operational efficiency. The integration of AI, AR, and IoT solutions is becoming prevalent, with retailers focusing on personalized shopping experiences and efficient supply chain management, driving the growth of the smart retail sector in the region.

๐ˆ๐ง๐ญ๐ž๐ซ๐ž๐ฌ๐ญ๐ž๐ ๐ญ๐จ ๐ญ๐š๐ค๐ž ๐š ๐ฌ๐ง๐ž๐š๐ค ๐ฉ๐ž๐ž๐ค? ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ญ๐จ ๐ฌ๐ž๐ž ๐ฐ๐ก๐š๐ญ'๐ฌ ๐ข๐ง๐ฌ๐ข๐๐ž: https://www.maximizemarketresearch.com/request-sample/24096/

๐’๐ฆ๐š๐ซ๐ญ ๐‘๐ž๐ญ๐š๐ข๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:

๐’ƒ๐’š ๐‘บ๐’๐’๐’–๐’•๐’Š๐’๐’

Hardware
Software

According to Solution, the software industry is anticipated to increase at the fastest rate, with a compound annual growth rate (CAGR) of 23.15% from 2024 to 2030. The growing use of analytics software by retailers across the globe is driving the expansion of the smart retail market. This improves customer engagement and the buying experience by allowing them to comprehend the distinct wants and behaviours of end users. It is projected that this trend will generate significant analytics opportunities in smart commerce.

๐’ƒ๐’š ๐‘จ๐’‘๐’‘๐’๐’Š๐’„๐’‚๐’•๐’Š๐’๐’

Visual Marketing
Smart Label
Smart Payment System
Intelligent System
Others (Robotics, Analytics)

By Application, the visual marketing sector holds the greatest smart retail market share of approximately 35% in 2023. Visual marketing is a cornerstone in driving the evolution of the smart retail sector. The importance of visual elements in engaging and involving customers has increased with the rise of digital signage, interactive displays, and augmented reality. Retailers provide engaging and customised experiences by exhibiting goods, special offers, and brand messaging in an immersive way through visual marketing. This tactic enhances the entire customer experience and creates a lively in-store atmosphere. Additionally, graphic marketing promotes impulse buys, aids in decision-making, and makes product discovery more efficient. Smart merchants successfully draw in customers, strengthen brand loyalty, and eventually increase sales and revenue streams by strategically utilising visual components.

๐‹๐จ๐จ๐ค๐ข๐ง๐  ๐Ÿ๐จ๐ซ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ? ๐‚๐ก๐ž๐œ๐ค ๐จ๐ฎ๐ญ ๐ญ๐ก๐ž ๐ฌ๐ฎ๐ฆ๐ฆ๐š๐ซ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐จ๐ซ ๐ค๐ž๐ฒ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/24096/

๐’๐ฆ๐š๐ซ๐ญ ๐‘๐ž๐ญ๐š๐ข๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ, ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐š๐ซ๐ž:

North America Smart Retail Market Top Players:
1. IBM - United States
2. Intel Corporation - United States
3. Cisco Systems Inc. - United States
4. NVIDIA Corporation - United States
5. Google Inc. - United States
6. PTC Inc. - United States
7. Standard Cognition - United States
8. Caper Inc. - United States
9. Zippin - United States
10. Walmart Inc. - United States
11. Amazon.com Inc. - United States
12. Focal Systems Inc. - United States
13. Estimote Inc. - United States
14. AWM SMART SHELF - United States
15. Smartcart - United States
Europe Smart Retail Market Top Players:
16. NXP Semiconductors N.V. - Netherlands
17. Trigo - Israel
18. Albert Heijn BV - Netherlands
APAC Smart Retail Market Top Players:
19. Cozy Infosystems - India
20. LOTTE - South Korea
21. Huawei Investment & Holding Co. Ltd - China
22. Samsung Electronics - South Korea

๐‹๐จ๐จ๐ค ๐š๐ญ ๐“๐จ๐๐š๐ฒ'๐ฌ ๐“๐จ๐ฉ ๐“๐ซ๐ž๐ง๐๐ฌ:

Global Augmented Reality Packaging Market https://www.maximizemarketresearch.com/market-report/global-augmented-reality-packaging-market/102004/

Kinetic Tiles Market https://www.maximizemarketresearch.com/market-report/kinetic-tiles-market/184256/

Europe Functional Cosmetics Market https://www.maximizemarketresearch.com/market-report/europe-functional-cosmetics-market/126144/

Global Non-breathable Films Market https://www.maximizemarketresearch.com/market-report/global-non-breathable-films-market/44746/

Global Sports Apparel Embellishment Market https://www.maximizemarketresearch.com/market-report/global-sports-apparel-embellishment-market/35918

Pocket Knives Market https://www.maximizemarketresearch.com/market-report/pocket-knives-market/195629/

Global Eye Cosmetic Packaging Market https://www.maximizemarketresearch.com/market-report/global-eye-cosmetic-packaging-market/26227/

Global Processed Mango Product Market https://www.maximizemarketresearch.com/market-report/global-processed-mango-product-market/42767/

Global Sports Sun Care Market https://www.maximizemarketresearch.com/market-report/global-sports-sun-care-market/44967/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ

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Military Personal Protective Equipment Market 2024 | 3M Ceradyne (United States) โ€ฆ
Military personal protective equipment has become a crucial and standard element of soldier equipment. One of the major factor driving the market is the increasing role of ground troops in different parts of the world such as Iraq, Afghanistan and India among others. The demand for military personal protective equipment is anticipated to be driven by modernization initiatives undertaken by several large defense spenders globally and various internal security threats,โ€ฆ
Internet of Things Market 2021 | Google Inc. (United States), Cisco Systems Inc. โ€ฆ
The Internet of Things refers to the network of physical objects that attribute an IP address for Internet connectivity. Internet of Things is defined as an invisible and intelligent network of things that communicate indirectly or directly with each other. Internets of Things enable communication between the physical objects and other internet-enabled systems and devices. In addition, Internet of Things also makes the life of consumers much more comfortable andโ€ฆ
Logistics Market | Global Growing Industry Key Players - J.B. Hunt Transport Ser โ€ฆ
Market Research Reports Search Engine (MRRSE) has recently updated its massive research catalog by adding a new study, titled โ€œLogistics Marketโ€. The study offers a clear insight about the prevailing trends and innovations happening in the Logistics Market. Readers can further access details about research highlights and executive summary to gain a better idea about this assessment. The market overview covers key industry developments and market opportunity map during theโ€ฆ
Global Logistics Market 2024 | Key Players : J.B. Hunt Transport Services (Unite โ€ฆ
A fresh report has been added to the wide database of Market Research Report Search Engine (MRRSE). The research study is titled โ€œLogistics Market โ€“ Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 โ€“ 2024โ€ which encloses important data about the production, consumption, revenue and market share, merged with information related to the market scope and product overview. Request for a sample of this research report @ https://www.mrrse.com/sample/2184 Logistics isโ€ฆ