Smart Retail Market size was estimated at USD 10.74 billion in 2017. It is expected to register a CAGR of 23% from 2021 to 2027.
Increasing integration of technologies such as augmented reality, virtual reality, artificial intelligence and IoT to improve store operations, promote accurate inventory management, and enhance consumers’ shopping experience is one of the key trends accelerating the market growth. These advanced retail technologies enable offline retailers to compete with online retailers, regain lost market share, attract more consumers to their stores, and improve customer retention.
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The Smart Retail key players in this market include:
- NXP Semiconductors
- Par Technology
- SoftBank
- Ingenico
- Verifone
- First Data
- NCR
- EVRY
By Type, the market is primarily split into
- Hardware
- Software
- Service
By Application, this report covers the following segments
- Departmental Stores
- Cinema Complexes
- Stadiums
- Amusement Parks
- Airports
- Other
A full report of Global Smart Retail Market is available at: https://www.orionmarketreports.com/smart-retail-market/27679/
Scope of the Report
The research study analyzes the global Smart Retail 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
1. What was the Smart Retail Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Smart Retail Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Smart Retail Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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