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The internet of things (IoT) market in retail applications is forecasted to grow by USD 71.2 billion during 2023-2028, accelerating at a CAGR of 22.8% during the forecast period. The report on the internet of things (IoT) market in retail applications provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by burgeoning cloud-based radio frequency identification (RFID) systems, rising need for effective store premise monitoring and inventory management, and government initiatives to boost digitization.
The internet of things (IoT) market in retail applications is segmented as below:
By Technology
- RFID
- Sensors
- NFC
- Cloud services
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
The report on the internet of things (IoT) market in retail applications covers the following areas:
- Internet Of Things (IoT) Market In Retail Applications sizing
- Internet Of Things (IoT) Market In Retail Applications forecast
- Internet Of Things (IoT) Market In Retail Applications industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Technology
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global internet of things (IoT) market in retail applications: Allerin Tech Pvt. Ltd., Alphabet Inc., Amazon.com Inc., AT&T Inc., Ayla Networks Inc., Cisco Systems Inc., Fujitsu Ltd., General Electric Co., Hewlett Packard Enterprise Co., Hitachi Ltd., Huawei Technologies Co. Ltd., Impinj Inc., Intel Corp., International Business Machines Corp., Microsoft Corp., Nayasale Retail Pvt. Ltd., Nedap NV, NXP Semiconductors NV, Oracle Corp., Robert Bosch GmbH, SAP SE, and Siemens AG.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is evolution of artificial intelligence (AI) and augmented reality (AR) in retail stores."
According to the report, one of the major drivers for this market is the burgeoning cloud-based radio frequency identification (RFID) systems.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Allerin Tech Pvt. Ltd.
- Alphabet Inc.
- Amazon.com Inc.
- AT&T Inc.
- Ayla Networks Inc.
- Cisco Systems Inc.
- Fujitsu Ltd.
- General Electric Co.
- Hewlett Packard Enterprise Co.
- Hitachi Ltd.
- Huawei Technologies Co. Ltd.
- Impinj Inc.
- Intel Corp.
- International Business Machines Corp.
- Microsoft Corp.
- Nayasale Retail Pvt. Ltd.
- Nedap NV
- NXP Semiconductors NV
- Oracle Corp.
- Robert Bosch GmbH
- SAP SE
- Siemens AG