Smart Retail Market Report Analysis - Global Industry Size & Share, Growth, Trends

The global Smart Retail market size was USD 12.410 Billion in 2019 and it is expected to reach USD 30.730 Billion by the end of 2026, with a CAGR of 13.7% during the forecast period 2020-2026.

In today's retail market, traditional brick-and-mortar retailers are facing extreme competition from the rapidly expanding e-commerce sector. Therefore, to get back their customers, conventional retailers need to implement smart retail technologies. Technology help to strengthen digital shopping experience in physical shops. Of late, customers in a store need customized, high-quality assistance as well as end-to-end connected internet environment experience.

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The adoption of analytical solutions by retailers in order to understand their clients, optimize business processes, increase productivity and provide a competitive advantage over their rivals in both physical and e-commerce retail is boosting the growth of smart retail market size.

Physical retailers can seamlessly attract, interact, and turn future tourists into customers by integrating smart retail technologies. Smart retail technology allows physical retailers to view pop-ups and targeted advertisement messages on in-store displays unique to shoppers and visitors' tastes, while raising awareness and improving in-store interaction.

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During the same time, the Asia Pacific smart retail market is expected to experience the highest CAGR. Growing adoption by retailers in China and Japan of smart retail solutions such as RFID, facial recognition, and big data analytics to provide a simple online shopping experience inside a physical store.

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Smart Retail Market Segment by Type

Bluetooth
NFC

Smart Retail Market Segment by Application

Visual Marketing
Smart Label
Smart Payment System
Intelligent System
Robotics
Analytics

Smart Retail Market Segment by Regions/Countries

North America
Europe
China
Japan
Southeast Asia
India
Central & South America

TABLE OF CONTENT

1 Report Overview

1.1 Study Scope

1.2 Key Market Segments

1.3 Players Covered: Ranking by Smart Retail Revenue

1.4 Market Analysis by Type

1.4.1 Global Smart Retail Market Size Growth Rate by Type: 2020 VS 2026

1.4.2 Bluetooth

1.4.3 NFC

1.5 Market by Application

1.5.1 Global Smart Retail Market Share by Application: 2020 VS 2026

1.5.2 Visual Marketing

1.5.3 Smart Label

1.5.4 Smart Payment System

1.5.5 Intelligent System

1.5.6 Robotics

1.5.7 Analytics

1.6 Study Objectives

1.7 Years Considered



2 Global Growth Trends by Regions

2.1 Smart Retail Market Perspective (2015-2026)

2.2 Smart Retail Growth Trends by Regions

2.2.1 Smart Retail Market Size by Regions: 2015 VS 2020 VS 2026

2.2.2 Smart Retail Historic Market Share by Regions (2015-2020)

2.2.3 Smart Retail Forecasted Market Size by Regions (2021-2026)

2.3 Industry Trends and Growth Strategy

2.3.1 Market Top Trends

2.3.2 Market Drivers

2.3.3 Market Challenges

2.3.4 Porter’s Five Forces Analysis

2.3.5 Smart Retail Market Growth Strategy

2.3.6 Primary Interviews with Key Smart Retail Players (Opinion Leaders)


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