PUBLISHER: TechNavio | PRODUCT CODE: 1058964
PUBLISHER: TechNavio | PRODUCT CODE: 1058964
Technavio has been monitoring the internet of things (IoT) market in retail applications and it is poised to grow by $ 44.80 bn during 2022-2026, decelerating at a CAGR of 16.48% during the forecast period. Our 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.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by burgeoning cloud-based RFID systems and rising need for effective store premise monitoring and inventory management. In addition, burgeoning cloud-based RFID systems is anticipated to boost the growth of the market as well.
The internet of things (IoT) market in retail applications analysis includes the technology segment and geographic landscape.
Technavio's internet of things (IoT) market in retail applications is segmented as below:
This study identifies the government initiatives to boost digitization as one of the prime reasons driving the internet of things (IoT) market in retail applications growth during the next few years.
Technavio 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. Our report on internet of things (IoT) market in retail applications covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading internet of things (IoT) market vendors in retail applications that include Amazon.com Inc., AT and T Inc., Allerin Tech Pvt. Ltd., Ayla Networks Inc., Cisco Systems Inc., Intel Corp., International Business Machines Corp., Microsoft Corp., Oracle Corp., and SAP SE. Also, the internet of things (IoT) market in retail applications analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
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.
Technavio 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 research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.