Connected Retail Market to be worth US$82.31 Billion by 2025
Request Sample: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=10418
Product Innovation Paramount for Major Players to Maintain Leadership
“For the market leaders to stay ahead of the curve, product innovation is paramount,” suggests the lead analyst of the report. Nearly every major player of the global connected retail market are International vendors of technology and investment on the research and development of innovative products is their primary focus. However, there are strong possibilities of new entrants making a mark in this market too via niche approaches and hence, activities of mergers and acquisitions are highly anticipated in the near future.
The TMR report identifies Amazon Web Services Inc. (Seattle, U.S.), Google Inc. (U.S.), Microsoft Corporation (Washington, U.S.), Cisco Systems (San Jose, California), International Business Machines Corporation (IBM) (U.S.), Verizon (New York, United States), Belatrix Software (Redwood City, U.S), Softweb Solutions Inc. (Chicago, U.S), ARM Holdings PLC (Softbank Group) (Cambridge,U.K), SAP SE (Germany), Atmel Corporation (Microchip Technology Inc.) (California, U.S), Intel Corporation (Santa Clara, U.S), Zebra Technologies Corp. (U.S), Fujitsu Limited (Tokyo, Japan), NXP Semiconductors NV (Netherlands), and PTC Inc. (Massachusetts, U.S) as some of the key companies in the global connected retail market.
Based on connectivity, the TMR business publication segments the connected retail market into Wi-Fi, Zigbee, Bluetooth, NFC, and others. On the basis of component, the market has been bifurcated into hardware and software. The market has been further categorized on the basis of end users into electronics and appliances, beauty, home and personal care, food and beverage, apparel footwear & accessories, home goods, sporting goods and toys, and others. Region-wise, North America is highlighted as the one that will provide the maximum demand throughout the forecast period, although the demand from Asia Pacific is primed to expand at most robust growth rate among all rgions.
Browse Our Report: https://www.transparencymarketresearch.com/connected-retail-market.html
Rapid Growth of Online Shopping Escalating Demand
The global connected retail market is mainly driven by the increasing adoption of the IoT across retail industries. Additionally, rapid growth in online shopping is another major driver of the market. The Internet of things (IoT) are focused upon innovation and are generating new opportunities by bringing consumers and every object into the digital realm. Application of the IoT in the retail industry will provide real-time insights from connected stores, combined with cognitive computing and rich data, which will transform the in-store experience and streamline the operations. The increasing penetration of smartphones has become the hub of interaction between customers and retailers.
Nowadays, retailers are focused upon exploring ways to connect with the customers in order to enhance the in-store experience. For instance, with location based beacon technology, retailers can connect with the customers when they enter the store. Departmental stores such as Hudson’s Bay and Lord and Taylor use Apple’s iBeacon technology and a mobile networking platform, which is called Swirl where they can send personalized promotions to the customers who download the app of that particular brand. However, the lack of IoT standards and issues regarding safety and privacy are expected to restrain the global connected retail market in the near future.
Expanding possibilities with the IoT driving demand in the connected retail market.
Competitive landscape largely fragmented, although there are enough opportunities in product innovation that will lure even more technology players.
Get TOC of This Report: https://www.transparencymarketresearch.com/report-toc/10418
Privacy issues remain the primary restraint.
The information presented in this review is based on a Transparency Market Research report, titled, “Connected Retail Market (Connectivity - Zigbee, Wi-Fi, Bluetooth, and NFC; Component - Hardware and Software; End User Industries - Electronics and Appliance, Beauty, Home and Personal Care, Food and Beverage, Apparel, Footwear and Accessories, Home Goods, and Sporting Goods and Toys) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025.”
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Connected Retail Market to be worth US$82.31 Billion by 2025 here
News-ID: 973558 • Views: 273
More Releases from Transparency Market Research
Potassium Bicarbonate Market Technological breakthroughs, Value chain and stakeh …
Overview TMR’s report on the Potassium Bicarbonate Market is an all-important tool for stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the Potassium Bicarbonate serves as a valuable guide for stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely to influence the Potassium Bicarbonate over the forecast period. These indicators help businesses
Liquid Analytical Instruments Market Global Market Opportunity Assessment Study …
Overview TMR’s report on the Liquid Analytical Instruments Market is an all-important tool for stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the Liquid Analytical Instruments serves as a valuable guide for stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely to influence the Liquid Analytical Instruments over the forecast period. These
Boron Oxide Market Growth Prospects, Trends and Forecast up to 2023
Overview TMR’s report on the Boron Oxide Market is an all-important tool for stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the Boron Oxide serves as a valuable guide for stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely to influence the Boron Oxide over the forecast period. These indicators help businesses
Hydrochloric Acid Market to Witness a Pronounce Growth During 2016 - 2024
Overview TMR’s report on the Hydrochloric Acid Market is an all-important tool for stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the Hydrochloric Acid serves as a valuable guide for stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely to influence the Hydrochloric Acid over the forecast period. These indicators help businesses
More Releases for IoT
Global IoT Gateway Market
Global IoT Gateway Market – Industry Analysis and Forecast (2018-2026) – by Node, Connectivity Technology, Component, Application, and Region. Global IoT Gateway Market was valued US$ 11.5 Bn in 2017 and is expected to reach US$ 85 Bn by 2026, at a CAGR of 28.41 % during the forecast period. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated
Global IoT Software Market
Global IoT Software Market is segmented into type, application, and geography. On the basis of type, a market is segmented into Real-time Streaming, Analytics Software, Security Solution Software, Data Management Software, Remote Monitoring System Software, and Network Bandwidth Management Software Global IoT Software Market was valued US$ 1.5 Bn in 2017 and expected to reach US$ 7.9 Bn in 2016, at CAGR 23.8% during forecast period. Browse Complete Premium Research
Global IOT Sensors Market
Global IOT Sensors Market – Industry Analysis and Forecast (2016-2024) Global IOT Sensors Market was valued at more than US$ 4 Bn in 2016 and is expected to cross US$ 45 Bn by 2024, at CAGR of more than 40%. The increase in IoT sensors market growth is driven by the certain key factors such as development of cheaper, smarter, and advanced sensors, rising market demand for smart devices and
IoT Data Management Market
The demand for IoT data management has increased due to widespread adoption of end-to-end data management platforms to capitalize IoT data more efficiently. Moreover, modernization of data warehouse architecture, rising need for data security and data traffic management, and rising implementation of IoT device security for data encryption are some of the other factors driving demand in this market. The global IoT data management market can be categorized based on type
Publisher’s market research analysts predict the global telecom IoT market to grow steadily during the forecast period and post an impressive CAGR of more than 42% by 2020. This industry research report identifies the growing adoption of intelligent transportation systems (ITS) to be one of the major factors that will have a positive impact on the growth of this market in the coming years. In addition to enabling operators to
IoT Processor Market
In this connected world, internet of things (IoT) is fueling every aspect of human lives. The data that is generated every day from these connected devices is humongous. Proper functioning of these connected devices requires real time exchange of data and information amongst them so that they can solve human problems. In another word IoT means more data, more sensors, agile responses, end-to-end connectivity and smarter user interfaces. All these