The Global Smart Retail Market is expected to reach USD 59.3 billion by 2025 from USD 10.4 billion in 2017 and is projected to grow at a CAGR of 24.2% in the forecast to 2025.
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In Feb 2017, IBM and Tech Mahindra joined hands to accelerate global hybrid cloud adoption for the development of its cloud based applications.In October 2013, Microsoft acquired mobile hardware division of Nokia in order to develop more smart devices and increase its business among different countries
Leading players of Smart Retail Market are Intel Corporation, IBM, NVIDIA, Samsung Electronics, Microsoft, Google, PTC, Amazon, NXP Semiconductors, Cisco, LG Display, Huawei Technologies, ParTech, Inc., Texas Instruments, Honeywell, Bosch, and others
Market Drivers and Restraints:
Growing need for better customer services and shopping experience
Decreasing cost of electronics components
Emerging new technologies creates new revenues for retailers
Data security and privacy concerns with new advanced technologies
High maintenance of advanced computing systems
Key Segmentation of Smart Retail Market
By Application
Visual Marketing,
Smart Label,
Smart Payment System,
Intelligent System,
Robotics, Analytics
Geographical Segments
North America,
South America,
Europe,
Asia-Pacific,
Middle East and Africa
Major Highlights of TOC:
Chapter One: Smart Retail Market Industry Overview
Chapter Two: Smart Retail Market Demand
Chapter Three: Smart Retail Market by Type
Chapter Four: Major Region of Smart Retail Market
Chapter Five: Major Companies List
Chapter Six: Conclusion
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This release was published on openPR.
"dazzling" - Google News
March 13, 2020 at 06:44PM
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Smart Retail Industry Is Set For Dazzling Growth By 2025 - openPR
"dazzling" - Google News
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