Tag: Internet of Things (IoT) In Retail Market

Global Internet of things (IOT) in retail Market Research Report: Market Analysis on the Future Growth Prospects and Market Trends Adopted by the Competitors, Regions with Forecast by 2023

Global Internet of things (IOT) in retail Market Research Report: Market Analysis on the Future Growth Prospects and Market Trends Adopted by the Competitors, Regions with Forecast by 2023

The Internet of Things (IoT) is a network of connected physical objects embedded with sensors. IoT allows these devices to communicate, analyze and share data about the physical world around us via networks and cloud-based software platforms.

Over the next five years, it is projected that Internet of things (IOT) in retail will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.

This report covers the present scenario (with the base year being 2017) and the growth prospects of global Internet of things (IOT) in retail market for 2018-2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Internet of things (IOT) in retail market by product type, application, key manufacturers and key regions.

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:

Intel

Microsoft

PTC

IBM

Cisco

SAP

Zebra

Google

ARM

NXP Semiconductors

Softweb Solutions

Carriots

 

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To calculate the market size, it is considered value and volume generated from the sales of the following segments:

 

Segmentation by product type:

Hardware

Software

 

Segmentation by application:

Advertising and Marketing

Digital Signage

Energy Optimization

Intelligent Payment Solution

Real Time/ Streaming Analytics

Resource Management

Safety and Security

Smart Shelf and smart doors

Smart Vending machines

Supply Chain Management

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Some Points From Table of Content:

1 Scope of the Report

2 Executive Summary

3 Global Internet of things (IOT) in retail by Players

4 Internet of things (IOT) in retail by Regions

5 Americas

6 APAC

7 Europe

8 Middle East & Africa

Continued…

 

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Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.

 

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Texas – 75204, U.S.A.

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Internet of Things (IoT) In Retail Market is Expected to Reach USD 94.44 Billion by 2025

The global IoT in retail market is expected to reach USD 94.44 billion by 2025, according to a new report by Grand View Research, Inc. This growth can be attributed to the merging of digital and in-store operations in retail stores.
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Digital channels are becoming an important touchpoint for an Omni channel experience. Retailers are focusing on gaining a competitive advantage by installing smart shelves and RFID sensors, which detect low inventory and track products throughout the respective supply chain. The adoption of IoT also helps retailers to revolutionize the delivery operations and retail supply chain.
The increasing Internet of Things spending in retail sectors for the purpose of premises monitoring, product monitoring, supply chain monitoring, and customer monitoring is driving the demand for IoT-based solutions. Cloud-based IoT solutions are enabling retailers to monitor and analyze the existing processes to improve them with incremental investments in capital equipment. However, with the rising degree of IoT penetration, retailers are still struggling on capitalizing IoT-enabled capabilities.
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The retail Internet of Things market is expected to witness promising growth as the industry is evolving from the passive approach of monitoring consumer behavior. Optimizing and automating supply chain is one of the key factors for the adoption of connected technology among retailers. However, fragmented technology standards and increasing security concerns are expected to hamper the industry growth.
Further key findings from the report suggest:
The retail IoT software is expected to be the fastest-growing segment owing to the increasing adoption of retail analytics solutions
Beacons are expected to grow at a CAGR of over 24%. This growth can be attributed to its increasing adoption for enhancing customer in-store experience
Professional services are expected to dominate the market over the forecast period
Solution providers are focusing on providing Software-as-a-Service (SaaS) and Payment-as-a-Service (PaaS) to retailers.
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Bluetooth Low Energy (BLE) is expected to witness the fastest growth over the forecast period as this technology is gaining prominence in pre-tailing, payments, and post-payments operations.
Latin America is expected to reach a revenue share of over 12% by 2025 due to the demand for innovation in infrastructure technology in retail outlets
The key industry players include Intel Corporation, Impinj Inc., RetailNext Inc., Allerin Tech Pvt. Ltd., and Losant IoT Inc.
Several vendors are offering connected ecosystems that provide retailers with a wide array of devices through a single platform
About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
Contact Information:
Hector Costello
Senior Manager – Client Engagements
4144N Central Expressway,
Suite 600, Dallas,
Texas – 75204, U.S.A.
Phone No.: +1 (214) 884-6817; +9164101019
Email: sales@orbisresearch.com