The smart retail market is expected to grow in 2021 from US$21.6 billion by 2028 to US$625 billion, representing a CAGR of 24%.According to the smart retail device market trends, the smart retail device industry supports the operation of the Internet of Things (IoT). Retailers’ smart devices and IoT are helping retailers drive greater consumer engagement that enhances the customer experience and significantly transforms day-to-day store operations. Energy management, anti-theft, in-store navigation and customer engagement are just a few of the benefits of leveraging IoT in the retail industry.
A full report of Smart Retail Market is available at:https://orionmarketreports.com/smart-retail-market/84290/
Company Profile
- IBM
- INTEL
- NXP SEMICONDUCTOR
- CISCO
- MICROSOFT
- NVIDIA CORPORATION
- SAMSUNG ELECTRONICS
Market Segmentation
By Application
- Smart Transportation
- Predictive Equipment Maintenance
- Inventory Management
- Smart Fitting Room
- Foot Traffic Monitoring
By Technology
- Digital Signage
- Smart Labels
- Smart Payments
- Smart Carts
- Electronic Shelf Labels
Scope of the Report
The research study analyzes the Smart Retail Market 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
- What was the Smart Retail Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Smart Retail Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Smart Retail Market was the market leader in 2021?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the Smart Retail market.
- The market share of the Smart Retail market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Smart Retail market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Smart Retail market.
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their 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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