Global Internet of Things in Retail Market Analysis, Growth, Trends & Forecast 2018-2023, With an Expected CAGR of 20.16% - ResearchAndMarkets.com

DUBLIN--()--The "Global Internet of Things in Retail Market - Segmented by Component (Hardware, Software), Services (Managed, Professional), and Region - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The global Internet of Things in the retail market was valued at USD 18.53 billion in 2017 and is expected to reach USD 57.28 billion by 2023 witnessing a CAGR of 20.16% during the forecast period of 2018-2023.

Internet of Things helps in connecting various smart devices to ease the operation and sharing of data among peers. There are various smart devices such as sensors, smartphones, and wearables, which collect data from the devices that can be utilized to enhance customer's experience.

The adoption of cloud platform is on the rise owing to the ease of storage and sharing with diverse set of people. Furthermore, it offers high security from natural disasters and data loss, which is likely to boost the market over the next six years. The downtime in traditional storage can increase owing to hardware maintenance, whereas cloud offers comparatively less downtime, owing to which, it is highly preferred over its counterpart.

The rising influx of technology companies coupled with increasing investment in the region is expected to propel the market growth rate. Moreover, the government of various countries in the region are focusing majorly on Internet of Things (IoT) in order to enhance the operations and to develop the nation. This is projected to fuel the market over the next six years.

Companies Mentioned

  • Amazon Web Services Inc.
  • ARM Holdings PLC
  • Bsquare
  • Carriots
  • Cisco Systems Inc.
  • Freescale Semiconductor Inc.
  • Google Inc.
  • Happiest Minds
  • IBM
  • Intel Corporation
  • Microsoft Corporation
  • PTC Inc.
  • SAP SE
  • Zebra Technologies

Key Topics Covered:

1. Introduction

2. Research Approach and Methodology

3. Executive Summary

4. Market Dynamics

5. Technology

6. Market Segmentation

7. Competitive Intelligence - Company Profiles

8. Company Market Share

9. Future of the Market

For more information about this report visit https://www.researchandmarkets.com/research/2nxc5m/global_internet?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Software, Internet of Things and M2M

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Software, Internet of Things and M2M