The Global Smart Retail Market research study published by Emergen Research is an extensive collection of insightful information about the Smart Retail industry. The report covers the Smart Retail Market segmentation along with a detailed outline of the Smart Retail market size with regards to volume and valuation. The report provides comprehensive coverage of the Smart Retail market scenario for the current period and forecast timeline of 2021-2030. The Smart Retail market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industries, applications, and regions.
The smart retail market size reached USD 23.40 Billion in 2021 and is expected to register a revenue CAGR of 22.9% during the forecast period to the latest analysis by Emergen Research. The increasing adoption of modern technological advancements is a major driving factor behind the revenue growth of the global market. Besides, the multiple features and benefits offered by smart retail solutions are expected to create several opportunities for major market players. Traditional, printed price tags are difficult to keep up with and don't promote the image of a technologically savvy company. Furthermore, printing, mailing, and putting in-store pricing cards is a time-consuming and error-prone operation. Smart retail technology, such as dynamic digital pricing, eliminates the burden of printed price tags while making it much easier to maintain pricing consistency across online and in-store channels. Smart retail technology, such as content synchronization, helps carriers capture the attention of purpose-driven consumers by delivering engaging video content across all devices. Blank screens provide no value to the customer experience, and generic Original Equipment Manufacturer (OEM) information is less than ideal and causes visual clutter in stores. Customers can interact with in-store gadgets during synchronized take-over moments, which can speed the route to purchase for purpose-driven customers shopping for something specific. Smart retail technology's behavior-based analytics can be extremely useful for resource management and cost control. Digital price tags save money by eliminating the hard costs of printed labels and streamlining a low-value process, allowing salespeople to focus on more important tasks. In-store ads that aren't working can be promptly spotted and adjusted to improve their efficacy. Carriers can also concentrate on successful initiatives and scale them across their whole footprint to optimize impact.
Factors influencing the growth of the Smart Retail market and impacting the growth of the industry are studied extensively in the report. The report considers the COVID-19 pandemic as one of the key influencing factors of the Smart Retail market. The report discusses in detail the positive and negative impact of the pandemic on the Smart Retail industry. The supply chain disruptions and economic volatility have altered the dynamics of the Smart Retail industry. The report explores the effects of the pandemic on the market and its key segments and regions. It also offers a forecast estimation of the market growth in a post-COVID-19 scenario.
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With our new report, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Emergen Research study is for everybody needing commercial analyses for the Smart Retail Market, 2022 to 2030, market-leading companies. You will find data, trends and predictions.
The content of each profile differs, depending on the organization. In general, a profile gives the following information:
Overview of the company’s Smart Retail products services
Analysis of recent financial performance–annual revenue of the companies
Assessment of developments–activities, acquisitions, production capacity, deals, new service offerings and collaborations
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The key companies studied in the report are:
Walmart Inc., Cisco Systems, Huawei Technologies Co. Ltd., Intel Corporation, Samsung Electronics, NVIDIA Corporation. Alibaba Group Holding Limited, Amazon.com, Inc., IBM Corporation, and Google LLC
On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the RD sector.
Segments Covered in this report are:
Solution Outlook (Revenue, USD Billion; 2019–2030)
- Hardware
- Software
Application Outlook (Revenue, USD Billion; 2019–2030)
- Visual Marketing
- Smart Label
- Smart Payment System
- Robotics
- Others
Regional Outlook (Revenue, USD Billion; 2019–2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- U.A.E.
- South Africa
- Turkey
- Rest of MEA
- North America
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The report addresses the following key points:
- The report estimates the expected market size from 2021-2030
- The report provides a forecast of market drivers, restraints, and future opportunities for the Smart Retail market
- The report further analyses the changing market dynamics
- Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
- Extensive competitive landscape mapping with profiles of the key competitors
- In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
- Revenue forecast, country scope, application insights, and product insights
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