Connected Retail Solutions Market Share will Continue to Expand Steadily Through 2030

The "Connected Retail Solutions Market" Report offers a thorough analysis of prominent competitors and their market shares, providing valuable insights into the competitive landscape. Alongside important metrics like sales, revenue, average selling price, and gross margin, the report explores significant growth prospects for industry leaders. Serving as an all-inclusive resource, this research provides a comprehensive overview of the market and its potential for expansion, making it an essential tool for investors and business professionals alike.

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The global connected retail solutions market is expected to expand at a CAGR of 19.5% and reach a value of USD 65.3 billion by 2023.

The market growth can be attributed to technological disruptions like the Internet of Things (IoT), and the introduction of artificial intelligence and machine learning. Customers today demand more focused and convenient shopping experiences when they walk into stores or browse online shopping portals. At the same time, retailers are trying to address customer needs by providing more personalized services. To achieve this, they are deploying connected retail solutions to have a clearer view of the supply chain, undertake data-driven customer relationship management, and for real-time business analysis.

Based on application segmentation, the connected retail solutions market includes supply chain management (SCM), customer relationship management (CRM), business analysis/business intelligence (BA/BI), and others. SCM-based connected retail solutions are predicted to have the highest CAGR (32.1%), generating a value of USD 22.7 billion by 2023. With the continuous shift from on-shelf availability to on-demand availability, retailers are under enormous pressure to deliver products according to customer choice of time and place. Retailers are constantly in pursuit of solutions that will help them tackle the challenges faced at different levels of the supply chain, implying that the market is poised for growth during the forecast period.

In terms of regional insights, North America is anticipated to be the leading region in the global connected retail solutions market, with a share of 46.8%. This is mainly due to high internet penetration in the region, which is a key determining factor for the growth of the connected retail solutions market. The Asia-Pacific region will witness the highest CAGR of 25.2% during the forecast period of 2018-2023. China and the ASEAN countries are the key countries contributing to the revenue of the connected retail solutions market in the Asia-Pacific region. Retailers in the region are making in-store experiences more personal and satisfying by putting artificial intelligence to work.

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Some of the key players in the connected retail solutions market include Cisco Systems, Inc., Microsoft Corporation, IBM Corporation, Google, Amazon, SAP SE, Fujitsu Limited, Softweb Solutions, Inc., Intel Corporation, and Honeywell International, Inc.

The report further discusses market opportunity, CAGR growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts, and other relevant factors in various regions and/or countries including North America, Latin America, Europe, Asia-Pacific, and Middle East and Africa.

The connected retail solutions market is witnessing significant growth due to the technological disruptions and the increasing demand for more personalized and convenient shopping experiences. The market is poised for growth during the forecast period, driven by the increasing deployment of connected retail solutions to have a clearer view of the supply chain and undertake data-driven customer relationship management.

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Scope of the Report:
The scope of this report encompasses a comprehensive analysis of the market growth expected to occur from 2023 to 2030. Through meticulous research, we have organized data pertaining to the evolving market structures that exert influence on industries, markets, technologies, and capabilities. Our report presents a thorough examination of relevant statistics, opportunities, challenges, drivers, restraints, limits, market size, share, and trends. By delivering valuable insights, we aim to provide a comprehensive understanding of the market landscape.

Here are the key highlights of the report:

• Comprehensive assessments of the market share for Invisible Braces, conducted at both country and regional levels.
• In-depth analysis of the competitive landscape, identifying key trends within the industry.
• Thorough examination of market trends, encompassing product and technology advancements, drivers and barriers, and an analysis based on PORTER's five forces.
• Strategic recommendations tailored for crucial business segments, leveraging market forecasts.
• Guidance provided for new market entrants, assisting them in navigating the industry landscape.
• Market forecasts encompassing all pertinent segments, sub-segments, and regional markets.

Our sample report encompasses the following elements:

• Introduction, Overview, and In-depth Industry Analysis: A comprehensive analysis of the industry, providing an updated report introduction along with an in-depth examination of key aspects.
• Research Report of 100+ Pages: The report consists of more than 100 pages, incorporating the latest research findings and insights.
• Chapter-wise Guidance: We offer chapter-wise guidance upon request, allowing you to navigate the report and delve into specific areas of interest.
• Updated Regional Analysis with Graphical Representation: Our report includes an updated regional analysis, presented in a graphical format to illustrate the size, share, and emerging trends within each region.
• List of Tables and Figures: It features an updated list of tables and figures that support the information presented in the report.
• Top Market Players: The report includes a comprehensive analysis of the leading market players, highlighting their business strategies, sales volume, and revenue analysis.
• Facts and Factors Research Methodology: Our research methodology is based on a rigorous approach, ensuring the accuracy and reliability of the information presented in the report.

Our most recent research report showcases the thriving expansion of the global Connected Retail Solutions Market and offers in-depth insights into the projected market size, share, and revenue until 2030.

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