Press release
Retail Cloud Market 2017 by Global Leaders: IBM, Oracle, SAP SE, Microsoft, Syntel, Cisco Systems, Google, Fujitsu Global, Infor, Retail cloud
Market Research Future published a research report on “Retail Cloud Market Research Report- Global Forecast to 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.Market Scenario
Retail cloud has major benefits over conventional retailing. It provides number of solutions to retailers such as CRM, disaster recovering, discounts & promotions, workforce management, data analytics and others. The growing technology advancement has offered wide area of applications to consumers. Smartphone adoption is one of the best example of technically advanced products. It is used by consumers for variety of applications such as mobile commerce, social media access, mobile promotions, and mobile banking.
According to a study, more than 90% consumers are using smartphone nowadays for shopping and comparing prices with other retail websites or apps. The increasing trend of online shopping is driven by number of factors such as easy checkout option and no long queue, can research over number of variety of products at a time, availability of number of payment options, feasible discounts & easy return policy, and availability on every mode. Amazon, Flipkart, and eBay are the well-known example of online retailing.
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The major growth driver of Retail Cloud includes rapid adoption of smartphones, need for compliance & collaboration and shift to Omni-channel experience. In the year 2016, the global market of Retail Cloud had been valued at approximately USD 10 billion, which is expected to be at USD 28 billion by the end of the year 2022. However, deeply rooted unorganized sector in developing economies like India and less mature distribution channel are the factors which are hindering the growth of Retail Cloud in forecast period.
Key Players:
Some of the major players in Global Retail Cloud Market include IBM Corporation, Oracle Corporation, SAP SE, Microsoft Corporation, Syntel, Inc., Cisco Systems Corporation, Google, Inc., Fujitsu Global, Infor, Inc., and Retail cloud, and others.
Retail Cloud Market Segmentation
The Global Retail Cloud market has been segmented into products, deployment, services and end-user. By products the market is classified into customer management, workforce management, supply chain management, data security management, reporting & analytics. By deployment, the market is classified into public cloud, private cloud and hybrid cloud. By services, retail cloud market is been segmented into software as a service, platform as a service and infrastructure as a service and serving small & medium size and large scale industries.
Market Research Analysis:
Regional analysis for Retail Cloud market is studied in different geographic regions as Americas, Europe, Asia-Pacific and Middle East & Africa. It is estimated that North America would grow with 18% CAGR during forecast period 2016-2022 followed by Europe which is projected to grow with 16% CAGR. Asia-Pacific has emerged as the fastest growing market with 20% CAGR by the end of 2022. Presence of major retail outlets namely Walmart, Costco, & Kroger and high penetration of mobile based shopping and promotion is the major reason behind dominance of North America in retail cloud market. Whereas, due to rising adoption of hybrid cloud in countries such as China, and India is fuelling the market growth of retail cloud in Asia-Pacific region during forecast period 2016-2022.
Key Findings:
• Retail Cloud is expected to grow at compound annual growth rate of approximately 17% from year 2016 to year 2022.
• North America is expected to dominate the market of Retail Cloud throughout the forecast period.
• By Product segment- Customer management is expected to reach approximately USD 3 billion in 2016 and growing with 19% CAGR during forecast period 2016-2022 in the global market.
• By End-User- Small & medium size industries are estimated to grow with approximately 18% CAGR
Get Complete Report @ https://www.marketresearchfuture.com/reports/retail-cloud-market-2414
Target Audience:
• Retail cloud Manufacturers
• Distributors
• Research firms
• Consultancy firms
• Software Developers
• Vendors
• Semiconductor Manufacturers
• Stakeholders
• End-user sectors
• Research organizations
TABLE OF CONTENTS
• EXECUTIVE SUMMARY
• MARKET DYNAMICS
• GLOBAL RETAIL CLOUD MARKET, BY PRODUCT
• GLOBAL RETAIL CLOUD MARKET, BY DEPLOYMENT
• GLOBAL RETAIL CLOUD MARKET, BY SERVICES
• GLOBAL RETAIL CLOUD MARKET, BY END-USER
• GLOBAL RETAIL CLOUD MARKET, BY REGION
• COMPETITIVE LANDSCAPE
• APPENDIX
• RESEARCH METHODOLOGY
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members
Media Contact:
Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com
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