Retail Analytics Market Size To 2026 Driven By Digitalization, Rising Disposable Income and Rising Adoption of IOT
Rising adoption of new technologies such as big data, internet of things (IoT), and real-time analytics by various organizations to enhance business outcomes is driving growth of the retail analytics market. According to Coherent Market Insights’ analysis, around 70% of the retail industries are expected to adopt IoT by 2021. Retail analytics collects data from big data, machine learning, and artificial intelligence and business process, thereby delivering accurate information to solve business issues. North America is expected to hold a dominant position in the market over the forecasted period, owing to rising e-commerce sector. For instance, according to the U.S. Commerce Department analysis, in 2016, the sales from e-commerce was 41.6% and it increased up to 49.4% in 2017. These research report also provides overall analysis of the market share, size, segmentation, revenue forecasts and geographic regions of the Retail Analytics Market.
Retail Analytics Market Report provides an analytical assessment of the prime challenges faced by this industry currently and in the coming years, which helps market participants in understanding the problems they may face while operating in this market over a longer period of time. This market research report is a professional and in-depth study on the current along with future state of Retail Analytics Industry.
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Retail Analytics Market industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost and revenue. The key players operating in the global retail analytics market include IBM Corporation, Microsoft Corporation, Oracle Corporation, SAP SE, Adobe Systems Incorporated, SAS Institute Inc., HCL Technologies Ltd., Cisco Systems Inc., MicroStrategy, Inc., and Tableau Software, Inc. The major players of the market such as IBM Corporation, Microsoft, and Oracle Corporation are adopting strategies such as mergers and acquisitions for product development, in order to retain the position in the market.
The Retail Analytics Market to grow at a substantial Compound Annual Growth Rate during the forecast period 2018-2026. Retail Analytics Market Report Segmented by Regions: North America, Europe, Asia-Pacific (APAC), Middle East and Africa, Rest of World (ROW). Market segmentation by Product Type and Applications are mentioned.
Report includes chapters which deeply display the following deliverable about industry:
• Retail Analytics Market Research Objective and Assumption
• Retail Analytics Market Purview – Report Description, Executive Summary, and Coherent Opportunity Map (COM)
• Retail Analytics Market Dynamics, Regulations, and Trends Analysis – Market Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Retail Analytics Market, By Regions
• Retail Analytics Market Competition by Manufacturers including Production, Share, Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Retail Analytics Market Manufacturers Profiles/Analysis including Company Basic Information, Manufacturing Base and Its Competitors.
• Retail Analytics Market Manufacturing Cost Analysis including Key Raw Materials and Key Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer Preference Change and Economic/Political Environmental Change.
• Retail Analytics Market Forecast including Production, Consumption, Import and Export Forecast by Type, Applications and Region.
• Research Findings and Conclusion
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