Smart Retail Technologies and Global Markets Report 2021 – ResearchAndMarkets.com

DOUBLE – (BUSINESS WIRE) – The report “Smart Retail: Global Technologies and Markets” has been added ResearchAndMarkets.com offering.

The report covers the smart retail market in terms of its applications in different regions. It also focuses on the main trends and challenges affecting the market and the supplier landscape. The report estimates the global smart retail market in 2020 and provides projections of the market size projected to 2025.

Smart retail refers to smart technologies designed to provide faster, smarter, safer, and more convenient services to customers while they shop. In addition to improving the customer experience, these services speed up inventory management and improve store operations. Technologies such as artificial intelligence, augmented reality, virtual reality and the IoT are encouraging the deployment of smart retail applications and driving market growth.

Leading players in this market, such as Intel Corp., Samsung Electronics, IBM, Nvidia, Google Inc., Microsoft Corp., Amazon, and NXP Semiconductors, are investing in smart retail technology to help improve operations and serve their customers. For example, Amazon announced Amazon Go, a smart grocery store that uses IoT technology to provide customers with the cashless shopping experience. In addition, in November 2019, Standard Cognition signed an agreement with Mars Wrigley, a manufacturer of chocolates, chewing gum, mint and fruity jams, to help Mars Wrigley with standalone purchasing solutions.

The deployment of robots and automation in stores and warehouses to optimize processes is one of the main factors driving the growth of this market. In addition, in-store mobile marketing is becoming more sophisticated and is used by retailers around the world.

The use of smartphones is becoming a disorder and retailers are welcoming it to introduce sales making the journey of shoppers more efficient. To create a smart shopping experience for in-store customers, retailers invest in innovation to attract and interact with customers.

In this report, the global smart retail market has been segmented based on application, technology, system and geography. According to the category of applications, the smart retail market has been classified into promotional advertising, in-store experience, exit solutions and others.

Various in-store experience platforms include smart equipment, customer experience / interaction through the use of technology, electronic shelf labels (ESL), robotics, smart retail Wi-Fi, vending machines and smart shelves Intelligence, electronic article surveillance (EAS), smart mirrors, augmented reality and virtual reality tours, etc.

The report includes:

  • 30 data tables and 14 additional tables

  • An overview of the global smart retail market

  • Analysis of market trends, with data for 2019, estimates for 2020 and projections of compound annual growth rates (CAGR) until 2025

  • Identification of new opportunities, challenges and technological changes within the smart retail application industry

  • A look at the main steps taken to improve the customer experience and efficient management of business operations and learn about government initiatives to boost economies

  • Detailed analysis of current market trends, market forecasts and discussion of technological, regulatory and competitive elements, as well as economic trends that will affect the future market of smart retail applications.

  • Market share analysis of the leading companies in the industry, their strategic profile, their competitive landscape and their detailed company profiles, including Intel Corp., Samsung Electronics, Nvidia, Google Inc., Microsoft Corp. and Amazon

Key topics covered:

Chapter 1 Introduction

Chapter 2 Summary and highlights

Chapter 3 Smart Retail: Market Overview

  • Future of smart commerce

  • Market drivers

  • Deployment of robots and automations to offer convenience of purchase

  • Adoption of Big Data Analytics by retailers to understand customer behavior

  • Smartphones that complement the implementation of new technologies by retailers

  • Market restrictions

  • Cybersecurity attacks and data security concerns are on the rise among retailers

  • Maintenance costs of high-end advanced computer systems

  • Market opportunities

  • The Internet of Things is designed to create rewarding opportunities for gamers who offer smart solutions for retail

  • Predictive trading is likely to become an opportunity for the smart retail market

Chapter 4 Cases of Smart Retail Use

  • Amazon

  • Amazon Go: Make a store without ATMs

  • Walmart

  • Intelligent retail laboratory: inventory monitoring

  • The Kroger company

  • EDGE shelf: digital displays enhance the shopping experience

  • The Home Depot

  • A data-driven approach with Google Cloud BigQuery

  • Sephora

  • Integration of retail and digital strategy to attract buyers

Chapter 5 Market breakdown by systems

Chapter 6 Market breakdown by application

  • Promotional advertising

  • In-store experience

  • Purchasing solutions

  • Others

Chapter 7 Breakdown of the market by technology

  • Artificial Intelligence (AI)

  • Internet of Things (IoT)

  • Other technologies

Chapter 8 Market breakdown by regions

Chapter 9 Competitive Landscape

  • Types of players in the market

  • Market leaders

  • Market challengers

  • Niche players

  • Market classification analysis

  • Top rated companies

  • IBM

  • NCR Corp.

  • Microsoft Corp.

  • Intel Corp.

  • Amazon

  • Select statistics from industry leaders

Chapter 10 Company Profiles

The main players in the market

  • Amazon

  • Cisco Systems Inc.

  • Google Inc.

  • IBM

  • Intel Corp.

  • Microsoft

  • NCR Corp.

  • Nvidia

  • NXP Semiconductors NV

  • PTC Inc.

  • Samsung Electronics Co. Ltd.

Other players

  • Bosch Group

  • Broadcom Ltd.

  • Diebold Nixdorf Inc.

  • First Data Corp.

  • Infineon Technologies Ag

  • LG screen

  • Technology pair

  • Pricer Ab

  • Texas Instruments

  • Verifone Inc.

Innovators

  • Caper Inc.

  • Intellivision

  • Probiz Technologies Pvt Ltd.

  • Standard cognition

  • rock

  • Censors

  • Zippin

For more information on this report, visit https://www.researchandmarkets.com/r/dahpi2

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