Who are the top key players in the Smart Retail Market?
Smart Retail Market Overview :
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Smart Retail Market : size was valued at US$ 24.2 Bn. in 2021 and it is expected to reach US$ 111.19 Bn by 2029, at a CAGR of 21% through out the forecast period.
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Segmentation :
Smart Retail is a cost-effective and profitable process for consumers and retailers due to improved supply chain management. Contactless operations and social distance give consumers access to alternative retail solutions. This is driving the demand for smart retail in the market.
Key Players:
• Standard Cognition
• Caper Inc.
• Zippin
• Walmart Inc.
• Alibaba Group Holding Limited
• Amazon.com Inc.
• Albert Heijn BV
• LOTTE
• Estimote Inc.
• AWM SMART SHELF
• Smartcart
• Cozy Infosystems
• Focal Systems Inc.
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Primary and secondary research are used to locate industry giants, while primary and secondary research is utilized to determine market revenue. Primary research included in-depth consultation with various opinion leaders and industry professionals such as experienced front-line employees, CEOs, and marketing professionals. Secondary research included a summary of the renowned manufacturers’ annual and financial reports. Secondary sources are utilized to compute percentage splits, market shares, growth rates, and global market breakdowns, which are then checked using primary data. The following are a few companies working in the Smart Retail industry.
Regional Analysis:
The Smart Retail study delves into the geographic analysis, which is further subdivided into sub-regions and nations. This portion of the research includes profit estimates as well as market share data for each nation. This section of the research goes through each region’s and country’s share and growth rate during the projected time period.
After examining political, economic, social, and technological aspects impacting the Smart Retail market in various areas, the research delivers a definitive PESTEL analysis for all five regions, including North America, Europe, Asia Pacific, the Middle East, Africa, and South America.
Key Questions Answered in the Smart Retail Market Report are:
- What is the market potential for Smart Retail ?
- Which regional market will emerge as a leader in the next years?
- Which application category will see rapid growth?
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