Insights on the Global IoT in Retail Market Trends 2022 | Segmentation, Outlook, Industry Report to 2028

The growing need to improve the in-store customer experience is expected to drive the adoption of the Internet of Things in the retail market. The emergence of cloud platforms and the growing number of connected devices are key factors driving the growth of the Internet of Things in the retail market. The rapid technological development and growth trend of digitalization is driving the growth of the Internet of Things in the retail market.

The increase in smart city projects is also expected to boost the growth of the Internet of Things in the retail market. In addition, the need for Internet of Things in retail is rapidly increasing as the demand for Internet of Things in retail increases for better customer service and response and better customer service.

Scope of the Report

The research study analyzes the global IoT in Retail 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

Market Segmentation:

Basis of Component:

• Hardware
• Sensors
• RFID tags
• Wearable
• Other
• Software
• Services
• Remote Device Management
• Professional Services
• Managed Services

Basis of Technology:

• Zig bee
• Wi-Fi
• Bluetooth
• Others

Basis of Application:

• Digital Signage
• Advertising & Marketing
• Smart Shelf & Smart Doors
• Supply Chain Management
• Resource Management
• Others

Key Players

Prominent players in the global IoT in retail market are ARM Holdings, Google Inc., IBM Corporation, Microsoft Corporation, Cisco Systems, Inc., SAP SE, Zebra Technologies, Amazon Web Services, Intel Corporation, Atmel Corporation, PTC, Inc., and Softweb Solutions.

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 IoT in Retail Market Report

1. What was the IoT in Retail Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of IoT in Retail Market during the forecast period (2022-2028)?

3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).

4. Which manufacturer/vendor/players in the IoT in Retail Market was the market leader in 2020?

5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.