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DATE
SEP 2020
TABLES
66
PAGES
476
EDITION
6
PRICE
USD $4950

Smart retail leads to a decentralized, transparent and optimized sales process for retailers and the supply chain. Some of the primary tangible benefits of the concept include better quality, enhanced efficiency and sustainable output. The ability of smart retail to timely identify and address potential issues results in superior output quality in comparison to the output for traditional approaches. One of the major benefits of smart retail is self-adaptation along with its positive impact on efficiency. Smart retail leverages real-time data for analyzing and self-correcting to support adaptation and sales while improving the output in an efficient manner. Traditional sale and retail often face various disruptions caused by a number of labor, accidental and environmental factors. On the other hand, smart retail`s self-correction and adaptability eliminate the chances of human error. In addition, the automation leads to higher level of safety and enhanced output sustainability. These advantages are driving various retailers including leading restaurant chains and other outlets to embrace the concept of smart retail. Various supermarket chains are using smart retail for rewarding customers with discounts on the basis of their shopping habits. These chains use dedicated smart phone apps to track shopper`s purchases with their registered mobile phone numbers. Retailers present customized deals and offers on the app for attracting shoppers back to supermarkets. In addition to improving consumer experience, smart retail is used to track shopping patterns and inventory for efficient item, display and shelf placement for individual stores. Moreover, the availability of comprehensive data related to each store allows these retail chains to boost profitability for every store.
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE |
II. EXECUTIVE SUMMARY |
1. MARKET OVERVIEW |
An Introduction to Smart Retail |
Smart Retail: Current Market Scenario and Outlook |
Smart Payment Technologies Bode Significant Potential for Smart Retail Model |
AI-Enabled Intelligent Systems Make Their Way Into Smart Retail Domain |
Smart Labels Gain Traction in the Retail Sector |
Visual Marketing: A Viable Tool for Smart Retailing |
Robotics & Analytics Seek Role in Smart Retail Ecosystem |
While Developed Regions Remain Major Revenue Contributors, Developing Regions Exhibit Fast Paced Growth |
EXHIBIT: World Smart Retail Market (2019 & 2025): Percentage Breakdown of Revenues for Developed and Developing Regions |
EXHIBIT: World Smart Retail Market - Geographic Regions Ranked by CAGR (Revenues) for 2018-2025: USA, China, Canada, Europe, Asia-Pacific, Japan, and Rest of World |
COMPETITIVE LANDSCAPE |
Leading Players in the Smart Retail Market |
RECENT MARKET ACTIVITY |
Impact of Covid-19 and a Looming Global Recession |
2. FOCUS ON SELECT PLAYERS |
Amazon.com, Inc. (USA) |
Cisco Systems, Inc. (USA) |
Google LLC (USA) |
Honeywell International Inc. (USA) |
IBM (USA) |
Intel Corporation (USA) |
Microsoft Corporation (USA) |
NVIDIA Corporation (USA) |
NXP Semiconductors N.V. (The Netherlands) |
PAX Global Technology Limited (Hong Kong) |
PTC, Inc. (USA) |
Samsung Electronics Co., Ltd. (South Korea) |
SoftBank Robotics Holdings Corp. (Japan) |
Texas Instruments, Inc. (USA) |
3. MARKET TRENDS & DRIVERS |
Emergence of New Consumer and Changing Face of Retail Industry Create Fertile Environment for Smart Retail Technologies |
A Note of New Smart Technologies & Concepts Proliferating the Retail Environment |
Increasing Adoption of Smartphones Instigates Robust Momentum |
EXHIBIT: Smartphone Adoption Worldwide by Region (in %): 2018 & 2025 |
Current Scenario in mCommerce Vertical Strongly Favors Smart Retail Model |
EXHIBIT: Global Retail MCommerce Market: Sales in $ Trillion for the Years 2017, 2019, 2021 and 2023 |
Rising Trend of Improving Customer Retail Experience Broadens Addressable Market for Smart Retail Solutions |
Widening Scope & Span of IoT in Retail Sphere Bolsters Market Prospects |
Integration of Smart Retail with Industry 4.0 to Trigger Broad-based Opportunities |
Rise of Connected Retail Creates Conducive Scenario |
Growing Relevancy of Omni-Channel Commerce Augurs Well |
EXHIBIT: World Omni-Channel Commerce Platform Market (in US$ Million) for Years 2018 through 2025 |
Lenience Towards Blockchain for Retail Enthuses Smart Retail Market |
Improvements in Location & Voice Technologies Augur Well |
Prevailing Socio-Economic & Demographic Trends Favor Robust Growth |
Stable Economy |
EXHIBIT: Global Economic Outlook: Real GDP Growth Rates in % by Country/Region for the Years 2018 through 2021 |
Urban Sprawl |
EXHIBIT: World Urban Population in Thousands: 1950-2050 |
EXHIBIT: Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1950, 1970, 1990, 2018, 2030 and 2050 |
Growing Affluence of Expanding Middle Class Population |
EXHIBIT: Global Middle Class Population (In Million) by Region for the Years 2020, 2025 and 2030 |
EXHIBIT: Global Middle Class Spending (US$ Trillion) by Region for the Years 2020, 2025, 2030 |
Rising Living Standards & Changing Lifestyle Trends |
Cyber Security, Data Transparency & Privacy: Key Issues |
4. GLOBAL MARKET PERSPECTIVE |
Smart Retail Global Market Estimates and Forecasts in US$ Million by Region/Country: 2018-2025 |
Smart Retail Market Share Shift across Key Geographies Worldwide: 2019 VS 2025 |
Hardware (Component) World Market by Region/Country in US$ Million: 2018 to 2025 |
Hardware (Component) Market Share Breakdown of Worldwide Sales by Region/Country: 2019 VS 2025 |
Software (Component) Potential Growth Markets Worldwide in US$ Million: 2018 to 2025 |
Software (Component) Market Sales Breakdown by Region/Country in Percentage: 2019 VS 2025 |
Visual Marketing (Application) Global Market Estimates & Forecasts in US$ Million by Region/Country: 2018-2025 |
Visual Marketing (Application) Market Share Breakdown by Region/Country: 2019 VS 2025 |
Intelligent System (Application) Demand Potential Worldwide in US$ Million by Region/Country: 2018-2025 |
Intelligent System (Application) Share Breakdown Review by Region/Country: 2019 VS 2025 |
Smart Payment System (Application) Worldwide Latent Demand Forecasts in US$ Million by Region/Country: 2018-2025 |
Smart Payment System (Application) Distribution of Global Sales by Region/Country: 2019 VS 2025 |
Smart Label (Application) Sales Estimates and Forecasts in US$ Million by Region/Country for the Years 2018 through 2025 |
Smart Label (Application) Global Market Share Distribution by Region/Country for 2019 and 2025 |
Other Applications (Application) Global Opportunity Assessment in US$ Million by Region/Country: 2018-2025 |
Other Applications (Application) Percentage Share Breakdown of Global Sales by Region/Country: 2019 VS 2025 |
III. MARKET ANALYSIS |
GEOGRAPHIC MARKET ANALYSIS |
UNITED STATES |
The United States: Major Market for Smart Retail Technologies |
Rising Importance of Smart Beacons, Cognitive Computing, & Cardless/Cashless Checkouts Augurs Well |
AI-Powered Retail Systems Make a Cut |
Smart Label Tracking Technology Gains Traction |
United States Smart Retail Market Estimates and Projections in US$ Million by Component: 2018 to 2025 |
United States Smart Retail Market Share Breakdown by Component: 2019 VS 2025 |
United States Smart Retail Latent Demand Forecasts in US$ Million by Application: 2018 to 2025 |
Smart Retail Market Share Breakdown in the United States by Application: 2019 VS 2025 |
CANADA |
Canadian Smart Retail Market Estimates and Forecasts in US$ Million by Component: 2018 to 2025 |
Smart Retail Market in Canada: Percentage Share Breakdown of Sales by Component for 2019 and 2025 |
Canadian Smart Retail Market Quantitative Demand Analysis in US$ Million by Application: 2018 to 2025 |
Canadian Smart Retail Market Share Analysis by Application: 2019 VS 2025 |
JAPAN |
Japanese Market for Smart Retail: Annual Sales Estimates and Projections in US$ Million by Component for the Period 2018-2025 |
Japanese Smart Retail Market Share Analysis by Component: 2019 VS 2025 |
Japanese Demand Estimates and Forecasts for Smart Retail in US$ Million by Application: 2018 to 2025 |
Smart Retail Market Share Shift in Japan by Application: 2019 VS 2025 |
CHINA |
Robust Growth Prospects in China |
Chinese Smart Retail Market Growth Prospects in US$ Million by Component for the Period 2018-2025 |
Chinese Smart Retail Market by Component: Percentage Breakdown of Sales for 2019 and 2025 |
Chinese Demand for Smart Retail in US$ Million by Application: 2018 to 2025 |
Chinese Smart Retail Market Share Breakdown by Application: 2019 VS 2025 |
EUROPE |
Sustained Opportunities for Smart Retail Technologies in Europe |
Focus on Establishing Long-Term Relationships Favors Market Prospects |
IoT Steps In to Reinforce Smart Retail |
Multi-Channel & Omnichannel Strategies Favor Smart Retail Adoption |
European Smart Retail Market Demand Scenario in US$ Million by Region/Country: 2018-2025 |
European Smart Retail Market Share Shift by Region/Country: 2019 VS 2025 |
European Smart Retail Market Estimates and Forecasts in US$ Million by Component: 2018-2025 |
European Smart Retail Market Share Breakdown by Component: 2019 VS 2025 |
European Smart Retail Addressable Market Opportunity in US$ Million by Application: 2018-2025 |
European Smart Retail Market Share Analysis by Application: 2019 VS 2025 |
FRANCE |
Smart Retail Market in France by Component: Estimates and Projections in US$ Million for the Period 2018-2025 |
French Smart Retail Market Share Analysis by Component: 2019 VS 2025 |
Smart Retail Quantitative Demand Analysis in France in US$ Million by Application: 2018-2025 |
French Smart Retail Market Share Analysis: A 7-Year Perspective by Application for 2019 and 2025 |
GERMANY |
Smart Retail Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Component for the Period 2018-2025 |
German Smart Retail Market Share Breakdown by Component: 2019 VS 2025 |
Smart Retail Market in Germany: Annual Sales Estimates and Forecasts in US$ Million by Application for the Period 2018-2025 |
Smart Retail Market Share Distribution in Germany by Application: 2019 VS 2025 |
ITALY |
Italian Smart Retail Market Growth Prospects in US$ Million by Component for the Period 2018-2025 |
Italian Smart Retail Market by Component: Percentage Breakdown of Sales for 2019 and 2025 |
Italian Demand for Smart Retail in US$ Million by Application: 2018 to 2025 |
Italian Smart Retail Market Share Breakdown by Application: 2019 VS 2025 |
UNITED KINGDOM |
United Kingdom Market for Smart Retail: Annual Sales Estimates and Projections in US$ Million by Component for the Period 2018-2025 |
United Kingdom Smart Retail Market Share Analysis by Component: 2019 VS 2025 |
United Kingdom Demand Estimates and Forecasts for Smart Retail in US$ Million by Application: 2018 to 2025 |
Smart Retail Market Share Shift in the United Kingdom by Application: 2019 VS 2025 |
REST OF EUROPE |
Rest of Europe Smart Retail Market Estimates and Forecasts in US$ Million by Component: 2018-2025 |
Rest of Europe Smart Retail Market Share Breakdown by Component: 2019 VS 2025 |
Rest of Europe Smart Retail Addressable Market Opportunity in US$ Million by Application: 2018-2025 |
Rest of Europe Smart Retail Market Share Analysis by Application: 2019 VS 2025 |
ASIA-PACIFIC |
Asia-Pacific Emerges as a Lucrative Market |
Smart Retail Market in Asia-Pacific by Component: Estimates and Projections in US$ Million for the Period 2018-2025 |
Asia-Pacific Smart Retail Market Share Analysis by Component: 2019 VS 2025 |
Smart Retail Quantitative Demand Analysis in Asia-Pacific in US$ Million by Application: 2018-2025 |
Asia-Pacific Smart Retail Market Share Analysis: A 7-Year Perspective by Application for 2019 and 2025 |
REST OF WORLD |
Rest of World Smart Retail Market Estimates and Forecasts in US$ Million by Component: 2018 to 2025 |
Smart Retail Market in Rest of World: Percentage Share Breakdown of Sales by Component for 2019 and 2025 |
Rest of World Smart Retail Market Quantitative Demand Analysis in US$ Million by Application: 2018 to 2025 |
Rest of World Smart Retail Market Share Analysis by Application: 2019 VS 2025 |
IV. COMPETITION |
Total Companies Profiled : 61 Click here to request a full table of contents and more details on this project. |
V. CURATED RESEARCH |
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