IoT in Retail Market | Latest Trends and Growth Factors

Pune, September 13, 2022 (GLOBE NEWSWIRE) — IoT in the retail market by Vendor Assessment, Technology Assessment, Customer & Partner Ecosystem, Type/Solution, Service, Organization Size, End-Use Verticals, and Region: Global Retail IoT Market Forecast to 2030, as published by Market Data Centre, The retail IoT market is projected to grow at a solid rate during the forecast period. The presence of key players in the ecosystem has led to a competitive and diverse market. Advancing digital transformation initiatives across multiple industries is expected to drive IoT in the global retail market during the study period.

This COVID-19 analysis of the report includes IMPACT OF COVID-19 on the supply and demand chain. This report provides a detailed historical analysis of the global IoT in retail market from 2017 to 2021 and provides extensive market forecasts from 2022 to 2030 by region/country and sub-sectors. The report covers the revenue, sales volume, price, historical growth and future perspectives in the IoT in Retail market.

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Regional Analysis:

On the basis of geography, the global IoT in retail market is segmented into North America, Europe, Asia-Pacific, and the rest of the world (RoW). North America is expected to have a sizeable share of the global IoT in retail market. Due to increased investment for R&D process and solutions adoption in the region, Asia-Pacific is expected to grow at a faster rate during the forecast period.

The growing number of IoT in retail market players across all regions is expected to further drive the market growth. Additionally, increased investments by prominent vendors in product capabilities and business expansion are expected to drive the market during the study period. Many market players are finding lucrative opportunities in emerging economies like China and India, where large populations are combined with new innovations in numerous industries.

List of the Companies Covered in the IoT in Retail Market Report:

  • cisco
  • IBM
  • Intel
  • Microsoft
  • PTC
  • huawei
  • cordless saw
  • Amazon Web Services
  • SAP
  • AG Software
  • Accent
  • Google
  • NEC Corporation
  • Oracle
  • AT&T
  • Vodafone
  • happier minds
  • Telit
  • alerin
  • right to win
  • Among others.
Market analysis technology evaluation Supplier Evaluation
market dynamics key innovations Product range and capabilities
Trends and challenges Adoption trends and challenges Technological Architecture
Drivers and Restrictions Implementation trends Competitive Differentiation
Regional and industry dynamics industrial applications Price/performance analysis
Regulations and Compliance Last update Strategy and Vision

The detailed ToC includes

233 – Tables

45 – Figures

300 – Pages

The US economy is likely to slip into recession in the first quarter of 2023 and shrink 0.4% for the full year as the combination of high inflation and tighter monetary policy plagues consumers and companies. Experts forecast growth this year from 1.2% to 0.1%. However, the European Market reacts to a fall of up to 6%, predominantly Hungary, Slovakia, Italy and the Czech Republic. Shutting off Russian gas supplies would wipe out GDP by 6% for EU countries and push them into recession.

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Table of Contents

1.1. Market definition
1.2. Market segmentation
1.3. Geographic Scope
1.4. Years considered: historical years: 2017 and 2020; Base Year – 2021; Forecast years: 2022 to 2030
1.5. Currency used
2.1. Research Framework
2.2. Data collection technique
23. data sources
2.3.1. secondary sources
2.3.2. primary sources
2.4. Market Estimation Methodology
2.4.1. bottom up approach
2.4.2. top down approach
2.5. Data Validation and Triangulation
2.5.1. Market Forecast Model
2.5.2. Study limitations/assumptions
4.1. Overview
4.2. drivers
4.3. Barriers/Challenges
4.4. Opportunities
8.1. Global: IoT in Retail Market Analysis and Forecast, by Region
8.2. Global: IoT in Retail Market Analysis and Forecast, by Segment
8.2.1. North American IoT in Retail Market, by Segment
8.2.2. North American IoT in Retail Market, by Country U.S Canada
8.2.3. Europe IoT in the retail market, by segment
8.2.4. Europe IoT in the retail market, by country Germany United Kingdom France Rest of Europe (ROE)
8.2.5. Asia Pacific IoT in Retail Market, by Segment
8.2.6. Asia Pacific IoT in Retail Market, by Country Porcelain Japan India Rest of Asia Pacific (RoAPAC)
8.2.7. Rest of the world (ROW) IoT in the retail market, by segment
8.2.8. Rest of the world (ROW) IoT in the retail market, by country Latin America Middle East and Africa

ToC can be modified based on customers’ business requirements*

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Key questions answered in this report:

  • How does our portfolio of products and services compare to that of major competitors?
  • What are the key developments in customer demand given the changing economy?
  • What are the new price and consumption models in the market and how should we align our portfolio?
  • What are the key decision drivers for service buyers?
  • How can we speed up our bidding process?
  • What is the potential of IoT in the retail market?
  • What is the impact of COVID-19 on the global Retail IoT market?
  • What are the main strategies that companies adopt in IoT in the retail market?
  • What are the challenges facing SMEs and leading IoT providers in the retail market?
  • Which region has the largest IoT investments in the retail market?
  • What are the latest research and activities on IoT in Retail Market?
  • Who are the Prominent Players in IoT in Retail Market?
  • What is the potential of IoT in the retail market?

Supplier Evaluation

The vendor assessment includes an in-depth analysis of how vendors are addressing the demand for IoT in the retail market. The MDC CompetitiveScape model was used to assess qualitative and quantitative knowledge in this assessment. MDC’s CompetitiveScape is a structured method for identifying key players and outlining their strengths, relevant characteristics, and outreach strategy. MDC’s CompetitiveScape enables organizations to analyze the environmental factors influencing their business, set goals and identify new marketing strategies. MDC Research analysts conduct extensive research into vendor solutions, services, programs, marketing, organization size, geographic focus, organization type, and strategies.

technology evaluation

Technology drastically affects the productivity, growth and efficiency of companies. Technologies can help companies develop competitive advantages, but choosing them can be one of the most demanding decisions for companies. The technology assessment helps organizations understand their current technology situation and provides a roadmap of where they might want to go and scale their business. A well-defined process for evaluating and selecting technology solutions can help organizations reduce risk, achieve goals, identify the problem, and resolve it the right way. Technology assessment can help companies identify which technologies to invest in, meet industry standards, and compete with competitors.

Analysis of the business ecosystem

Advances in technology and digitization have changed the way companies do business; The business ecosystem concept helps businesses understand how to thrive in this changing environment. Business ecosystems provide organizations with opportunities to integrate technology into their daily business operations and improve research and business competition. The business ecosystem includes a network of interrelated companies that compete and cooperate to increase sales, improve profitability, and succeed in their markets. An ecosystem analysis is a business network analysis that includes the relationships between suppliers, distributors, and end users in the delivery of a product or service.

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Regions and countries covered

North America (USA, Canada), Europe (Germany, UK, France, Spain, Italy, and Rest of Europe), Asia-Pacific (Japan, China, Australia, India, Rest of Asia-Pacific), and Rest of World (Row).

Report Coverage

IoT Retail Market Dynamics, Impact of Covid-19 on the IoT Retail Market, Vendor Profiles, Vendor Assessment, Strategies, Technology Assessment, Product Mapping, Industry Outlook, Economic Analysis, Segmental Analysis, Market Sizing IoT retail market, analysis tables.

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