The global smart retail market is expected to grow from $21.6 billion in 2020 to $62.5 billion in 2025. It is growing at a 23% CAGR. The key factors driving the growth of this market are the increased use of robots and automation to provide shopping convenience to customers, and the increased adoption of big data analytics, machine learning, blockchain and artificial intelligence technologies by retailers.
A full report of Smart Retail Market is available at: https://www.orionmarketreports.com/smart-retail-market/27679/
Smart Retail Market Segmentation
By System:
• Digital Signage Solutions
• Smart Labels
• Smart Payment Systems
• Intelligent Vending Machines
• Augmented Reality Solutions
• Virtual Reality Solutions
• POS Solutions
• Smart Carts
• Robotics
• Analytics
By Application:
• Foot-traffic Monitoring
• Inventory Management
• Loyalty Management and Payment
• Predictive Equipment Maintenance
• Brand Protection
• Smart Fitting Rooms
By Retail Offering:
• Apparel and Accessories
• Fast-moving Consumer Goods
• Hardlines and Leisure Goods
• Others
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