DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Digital Transformation Market in Retail - Growth - Forecasts - Trends (2016 - 2021)" report to their offering.
Today, the digital transformation in retail is highly significant for the success of any organization. With the help of digitization from the roots of supplier to customer value chain, the productivity is maximized by the use of social media, image processing, smart gadgets. The improved technology will allow the companies to reach the customers through multi commerce and the business analytics will help drive the decision making process.
The major driver to this market is context aware digital commerce. The other factors include increased usage of smart devices, increased number of online shoppers, enhanced logistics support and efficiency in processes. With the increasing demand for better modes of delivery, payment and demand for specific product, key players are offering a wide range of online retail products to fit specific customer requirements.
North America is leading the Global Digital Transformation in Retail with more than 30% market share followed by Asia Pacific and Europe. The Asia Pacific Region is at a high growth rate due to the increased number of smart devices and the accessibility to the internet connectivity. The market in Latin America is also growing at a faster rate parallel to Asia Pacific due to the efficient usage of online payment options. Consumer Electronics segment in the product category is estimated to hold a major market share with more than 38% of the Digital Transformation Market in Retail due to increased number of merchants selling appliances online at competitive prices compared to traditional stores.
- Mercado Libre
- Otto Group
Key Topics Covered:
1. Research Methodology
2. Executive Summary
3. Market Overview
4. Market Dynamics
5. Global Digital Transformation in Retail Market Segmentation, Forecasts and Trends
6. Vendor Market Share Analysis
7. Competitive Intelligence - Company Profiles
8. Investment Analysis
9. Future of Global Digital Transformation in Retail Market
For more information about this report visit http://www.researchandmarkets.com/research/nhgfnr/global_digital