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Market Research Report

IoT in Retail Market: By Component (Hardware, Software), Service (Remote Device Management); By Technology (Zigbee, Wi-Fi); By Functional Area (Advertising & Marketing, Digital Signage) & By Region-Forecast 2019-2024

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IoT in Retail Market: By Component (Hardware, Software), Service (Remote Device Management); By Technology (Zigbee, Wi-Fi); By Functional Area (Advertising & Marketing, Digital Signage) & By Region-Forecast 2019-2024
Published: December 7, 2018 Content info:
Description

Now in today's world, retailers are now adopting IOT solutions across the numerous applications that are now improving store operations, increasing security service, reducing theft, increasing purchase through cross selling, enabling the price inventory management and most important, it enhance the customer's shopping experience. The estimated global growth of IOT in retail market is expected to grow at a CAGR of 25% during the forecast period i.e. 2018-2023.

What is Internet Of Things(IoT) in Retail Market?

Internet of things in Retail is a combination of connecting the device to internet and other connected devices and analyzing the big data and provide the required amount of data to the device respectively. Using IOT in retail market is said to be as most advanced step taken towards clothes, groceries and other markets, it makes the customer more reliable to find their products easily, and due to this, time consumption will be reduced. Customer will experience these new technologies when they are purchasing these day to day life products.

Market Research and Market Trends of IoT in Retail Market:

Interactive mirrors is one of the famous trend in retailer's shop, it reach the customer to the technology they need, Marie Claire recently teamed up with master card to debut a new pop-up tech innovation called smart mirrors which is also likely a new ways to pay. They are bringing the e-commerce experience into the retailer shop with the ability of the customer to purchase their product just by waving their smartphones in front of that mirror using applications like Apple pay and Android pay.

Shelves with embedded sensors is another kind of trend, Amazon's new digital retail store allow customers to buy their products without standing in their checkout line. To do this process, sensors which are placed within the store's shelves track that product as the customer place that product in their baskets and their amazon accounts are charged automatically.

Augmented reality apps is a kind of virtual reality apps that helps the customer to visualize life with individual products, like when we are inside of that store, we just have to open this app. This app use camera that detects which corner is having which type of clothes, or if we enter any groceries store, it detects and visualize which product is kept on which shelf.

Who are the Major Players in Internet Of Things(IoT) in Retail Market?

The companies referred in the market research report are Intel Corporation Inc., Microsoft Corporation, Apple, IBM Corporation, PTC Corporation, Cisco systems Inc. and 10 other companies.

What is our report scope?

The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2018-2023.

All our reports are customizable to your company needs to a certain extent, we do provide 20 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.

Key Takeaways from this Report

Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.

Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.

Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.

Analyze the sales and distribution channels across key geographies to improve top-line revenues.

Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

Get a quick outlook on the market entropy - M's, deals, partnerships, product launches of all key players for the past 4 years.

Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.

Table of Contents

Table of Contents

1. Internet of Things (IoT) in Retail Market - Overview

2. Executive Summary

3. Internet of Things (IoT) in Retail Market Landscape

  • 3.1. Market Share Analysis
  • 3.2. Comparative Analysis
  • 3.3. Product Benchmarking
  • 3.4. End User Profiling
  • 3.5. Top 5 Financials Analysis

4. Internet of Things (IoT) in Retail Market- Forces

  • 4.1. Drivers
    • 4.1.1. Emergence of cloud payment
    • 4.1.2. Reduced cost of components
  • 4.2. Restraints
    • 4.2.1. Security and privacy concerns
  • 4.3. Opportunities
  • 4.4. Challenges
  • 4.5. Porter's Five Forces Analysis
    • 4.5.1. Bargaining Power of Suppliers
    • 4.5.2. Bargaining Power of Buyers
    • 4.5.3. Threat of New Entrants
    • 4.5.4. Threat of Substitutes
    • 4.5.5. Degree of Competition

5. Internet of Things (IoT) in Retail Market- Strategic Analysis

  • 5.1. Value Chain Analysis
  • 5.2. Pricing Analysis
  • 5.3. Opportunities Analysis
  • 5.4. Product/Market Life Cycle Analysis
  • 5.5. Suppliers and Distributors

6. Internet of Things (IoT) in Retail Market, By Component

  • 6.1. Hardware
    • 6.1.1. Gateway
    • 6.1.2. RFID
    • 6.1.3. Sensors
  • 6.2. Software

7. Internet of Things (IoT) in Retail Market, By Technology

  • 7.1. Zigbee
  • 7.2. Bluetooth Low Energy (BLE)
  • 7.3. Near Field Communication (NFC)
  • 7.4. Wi-Fi

8. Internet of Things (IoT) in Retail Market, By Application

  • 8.1. Remote Device Management
  • 8.2. Professional Service
  • 8.3. Managed Service

9. Internet of Things (IoT) in Retail Market, By Functional Area

  • 9.1. Advertising & Marketing
  • 9.2. Digital Signage
  • 9.3. Energy Optimization
  • 9.4. Intelligent Payment Solution
  • 9.5. Real-Time/ Streaming Analytics
  • 9.6. Resource Management
  • 9.7. Safety & Security
  • 9.8. Smart Shelf & Smart Doors
  • 9.9. Smart Vending Machine
  • 9.10. Supply Chain Management

10. Internet of Things (IoT) in Retail Market, By Geography

  • 10.1. Europe
    • 10.1.1. Germany
    • 10.1.2. France
    • 10.1.3. Italy
    • 10.1.4. Spain
    • 10.1.5. Russia
    • 10.1.6. U.K.
    • 10.1.7. Rest of Europe
  • 10.2. Asia Pacific
    • 10.2.1. China
    • 10.2.2. India
    • 10.2.3. Japan
    • 10.2.4. South Korea
    • 10.2.5. Rest of Asia-Pacific
  • 10.3. North America
    • 10.3.1. U.S.
    • 10.3.2. Canada
    • 10.3.3. Mexico
  • 10.4. Rest of the World (RoW)
    • 10.4.1. Brazil
    • 10.4.2. Rest of RoW

11. Internet of Things (IoT) in Retail Market - Entropy

  • 11.1. Expansion
  • 11.2. Technological Developments
  • 11.3. Merger & Acquisitions, and Joint Ventures
  • 11.4. Supply- Contract

12. Company Profiles (Overview, Financials, SWOT Analysis, Developments, Product Portfolio)

  • 12.1. Intel Corporation Inc.
  • 12.2. Microsoft Corporation
  • 12.3. IBM Corporation
  • 12.4. PTC incorporation
  • 12.5. Cisco Systems Inc.
  • 12.6. SAP AG
  • 12.7. Zebra Technologies
  • 12.8. Google Inc
  • 12.9. ARM Holdings PLC
  • 12.10. Freescale Semiconductor Inc

More than 40 Companies are profiled in this Research Report, Complete List available on Request*

"*Financials would be provided on a best efforts basis for private companies"

13. Appendix

  • 13.1. Abbreviations
  • 13.2. Sources
  • 13.3. Research Methodology
  • 13.4. Bibliography
  • 13.5. Compilation of Expert Insights
  • 13.6. Disclaimer
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