Global Internet of Things In Retail Market - Market Size, Share & Industry Trends, Growth Analysis Report By Product Type, By Application and Forecast 2019 - 2025


DescriptionTable of ContentList of TablesList of Figures
Introduction
Internet of Things (IoT) In Retail Market was valued at USD xx Billion in 2019 and is projected to reach a value of USD xx billion by 2025, at a CAGR of xx at 2025. Through embracing an interconnected architecture, the retail industry has witnessed broad use of linked goods. IoT provides retailers with opportunities to create an ecosystem which connects the physical and digital world. The proliferation of connected devices and the acceptance of common norms lead to the development of competencies allowed by IoT in the retail industry. Implementing IoT in retail stores has allowed retailers to assess the identities of consumers and their purchasing experience by orchestration of wearable apps. Increasing adoption of e-commerce sites has allowed mainstream retailers to take advantage of connected technology. Incoherent IoT requirements are likely to hinder the growth of the market and the production of goods. Several devices from different manufacturers performing the same functions may have fundamentally different data formats and potentially different touchpoints, such as data generation frequencies, resulting in a lack of interoperability.
Geographical Overview
North America is expected to grow in 2016 as a leading national market with a share of more than XX %. Increased expenditure on product monitoring and supply chain monitoring is expected to open new avenues of growth in the region over the next few years. Strong penetration of e-commerce in the area has put department stores under pressure to boost consumer shopping experience in-store and increase daily footfall.
The European Region greatly contributed to the development of the global industry in 2016. Increasing beacon adoption in economies like France, and the UK. These lead to regional development. For example, Les Terrasses du Port, a major shopping center in France, has introduced one of the region's largest networks of BLE beacons, enabling retailers like H&M and Zara to distribute discount discounts and notifications to smartphones for consumers. In addition , national producers of beacons have content management systems that retailers use to provide sales and smartphone applications to improve their effectiveness.
Segmental Overview
Internet of Things (IoT) In Retail Market is segmented as per below specifications -
By Solution Type:
• Hardware
• Software
By Hardware:
• Beacons
• RFID Tags
• Sensors
• Wearables
By Service:
• Professional Services
• Managed Services
By Technology:
• Bluetooth Low Energy
• Near Field Communication
• ZigBee
Competitors Analysis:
Internet of Things (IoT) In Retail Market has presence of some of the key major players across globe which includes
• IBM Corporation
• Impinj Inc.
• Allerin Tech Pvt Ltd.
• RetailNext Inc.
These key players are concentrating its efforts on the continuous product improvement with innovative initiatives to have an edge over other competitors. Further, to garner maximum market share, companies are adopting merger/ acquisition/ partnership and maintaining strong distribution networks strategies.
By Geographical Locations:
? North America
o U.S.
o Canada
? Europe
o U.K.
o Germany
o Poland
? Asia-Pacific
o China
o Japan
? MEA
o South Africa
? Latin America
o Brazil
o Mexico
Highlights of the report
What is Internet of Things (IoT) In Retail Market?
Who all are key market players in the industry?
How the Parent Industry is growing?
Where are the key opportunities for new market entrant?
A comprehensive analysis, which covers key growth factors across the value chain
Recent developments in market
Granular Market Segmentation
Market size projection based on Historical & current market trends
Market share analysis and key strategies adopted by leading Players
Production Cost & Sensitivity Analysis
Country Level Market Analysis of Top 16 countries
Data Driven Decision Recommendations