Smart Retail Market Trends, Share, Industry Size, Growth, Analysis and Forecast - 2027
Smart Retail Market size was estimated at USD 10.74 billion in 2017. It is expected to register a CAGR of 23% from 2021 to 2027.
Increasing integration of
technologies such as augmented reality, virtual reality, artificial intelligence
and IoT to improve store operations, promote accurate inventory management, and
enhance consumers' shopping experience is one of the key trends accelerating
the market growth. These advanced retail technologies enable offline retailers
to compete with online retailers, regain lost market share, attract more
consumers to their stores, and improve customer retention.
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The Smart Retail key players in this
market include:
·
NXP
Semiconductors
·
Par Technology
·
SoftBank
·
Ingenico
·
Verifone
·
First Data
·
NCR
·
EVRY
By Type, the market is primarily split into
·
Hardware
·
Software
·
Service
By Application, this report covers the following
segments
·
Departmental
Stores
·
Cinema Complexes
·
Stadiums
·
Amusement Parks
·
Airports
·
Other
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Scope of the Report
The research study analyzes the global Smart Retail industry from 360-degree
analysis of the market thoroughly delivering insights into the market for
better business decisions, considering multiple aspects some of which are
listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Smart Retail
Market Report
1. What was the Smart Retail Market size in 2018 and 2019; what are the
estimated growth trends and market forecast (2021-2027).
2. What
will be the CAGR of Smart Retail Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for
investments in 2018? How these segments are expected to grow during the
forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Smart Retail Market was the market
leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and
strategic initiatives taken by key vendors in the market.
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business by providing in-depth market insights and most reliable future market
trends. Our reports address all the major aspects of the markets providing
insights and market outlook to global clients.
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
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