Retail Analytics Market Industry Size, Growth, Opportunities and Forecast – 2021 to 2027

Retail Analytics market size to grow from USD 4.3 billion in 2020 to USD 11.1 billion by 2027, at a (CAGR) of 21% during the forecast period.

COVID-19 has affected all elements of the technology sector. The growth of the IT infrastructure has been slowed by disruptions in the hardware supply chain and reduced manufacturing activity. This health crisis has had an unprecedented impact on businesses across industries. Some struggle, others thrive. Increasing support from governments and multiple data analytics companies can help fight this highly contagious disease.

The major vendors in the global retail analytics market include Microsoft (US), IBM (US), Oracle (US), Salesforce (US), SAP (Germany), AWS (US), SAS Institute (US), Qlik (US), Manthan (India), Bridgei2i (India), MicroStrategy (US), Teradata (US), HCL (India), Fujitsu (Japan), Domo (US), Google (US), FLIR Systems (US),

By component:

Solutions
Services
Professional Services
Managed Services

By business function:

Finance
Marketing and sales
Human Resources
Operations

By application:

Merchandising analysis
Pricing analysis
Customer analytics
Promotional analysis and planning
Yield analysis
Inventory analysis

Scope of the Report

The research study analyzes the global Retail Analytics industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Retail Analytics Market Report

1. What was the Retail Analytics Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).

What will be the CAGR of Retail Analytics Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Retail Analytics Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.