Smart Retail Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The smart retail market is expected to grow in 2021 from US$21.6 billion by 2028 to US$625 billion, representing a CAGR of 24%.According to the smart retail device market trends, the smart retail device industry supports the operation of the Internet of Things (IoT). Retailers’ smart devices and IoT are helping retailers drive greater consumer engagement that enhances the customer experience and significantly transforms day-to-day store operations. Energy management, anti-theft, in-store navigation and customer engagement are just a few of the benefits of leveraging IoT in the retail industry.

 

Company Profile

• IBM
• INTEL
• NXP SEMICONDUCTOR
• CISCO
• MICROSOFT
• NVIDIA CORPORATION
• SAMSUNG ELECTRONICS

 

Market Segmentation

By Application

• Smart Transportation
• Predictive Equipment Maintenance
• Inventory Management
• Smart Fitting Room
• Foot Traffic Monitoring

By Technology

• Digital Signage
• Smart Labels
• Smart Payments
• Smart Carts
• Electronic Shelf Labels

 

Scope of the Report

The research study analyzes the Smart Retail Market 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 Smart Retail Market Report

 

1. What was the Smart Retail Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Smart 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 Smart Retail Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.