The Global IoT Retail market accounted for $22.45 million in 2017 and is expected to reach $112.19 million by 2026 growing at a CAGR of 19.5% during the forecast period.
The use of e-commerce platforms is rapidly growing, increasing internet ubiquity and the emergence of the cloud platform are some of the factors fuelling the market growth. However, lack of common standards, skill gap, and security and privacy concerns are restraining the market growth.
Based on Solution, the hardware segment is estimated to have a lucrative growth during the forecast period. The proliferation of connected devices is offering a significant opportunity to manufacturers. Reduction in the total cost of ownership and improved return on investments offered by IoT-based hardware devices are expected to increase their adoption over the coming years. The low cost associated with these devices, along with quick transactions, help in meeting targeted sales and improving labor efficiency, which in turn is expected to fuel market growth.
By Geography, North America is likely to have a huge demand due to increased spending on product monitoring and supply chain monitoring. The most advanced consumer economy, the U.S. leads the market with some of the world's largest retailers, including big box dominators such as Walmart and e-commerce pioneers such as Amazon.
Some of the key players profiled in the IoT Retail market include Oracle, ARM Holdings Plc., Intel corporation, Microsoft Inc., Allerin Tech Pvt. Ltd, Losant IOT Inc., Cisco systems Inc., SAP, Google Inc., Impinj Inc., IBM corporation, Apple, Bosch, AT&T, Honeywell, Fujitsu, General Electric, Samsung, Qualcomm and Siemens.
What the report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Key Topics Covered
1 Executive Summary
3 Market Trend Analysis
3.6 Technology Analysis
3.7 End user Analysis
3.8 Emerging Markets
3.9 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global IoT Retail Market, By Hardware
5.5 Radio-Frequency Identification (RFID) Tags
6 Global IoT Retail Market, By Solution
6.5 Other Solutions
7 Global IoT Retail Market, By Technology
7.2 Near Field Communication
7.3 Bluetooth Low Energy
7.5 Other Technologies
8 Global IoT Retail Market, By Service
8.2 Managed Services
8.3 Professional Services
9 Global IoT Retail Market, By End User
9.2 Big Box Retailers
9.3 E-Commerce Providers
9.4 Medium & Small Retailers
10 Global IoT Retail Market, By Geography
10.2 North America
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.5 Other Key Strategies
12 Company Profiling
12.2 ARM Holdings PLC
12.3 Intel corporation
12.4 Microsoft Inc.
12.5 Allerin Tech Pvt. Ltd.
12.6 Losant IOT Inc.
12.7 Cisco systems Inc.
12.9 Google Inc.
12.10 Impinj Inc.
12.11 IBM corporation
12.17 General Electric
For more information about this report visit https://www.researchandmarkets.com/r/jv196l