PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1539216
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1539216
Middle East and Africa Retail Analytics Market, By Component; By Deployment Mode; By Organization Size; By Application; By Country, Trend Analysis, Competitive Landscape & Forecast, 2019-2030
Middle East and Africa Retail Analytics Market Size Zooming 4X at Robust CAGR to Touch USD 2.27 Billion by 2030
Middle East and Africa Retail Analytics Market is thriving due to enhanced customer engagement, adoption of advanced technologies, and improved supply chain management.
BlueWeave Consulting, a leading strategic consulting, and Market research firm, in its recent study, estimated Middle East and Africa Retail Analytics Market size by value at USD 495.83 million in 2023. During the forecast period between 2024 and 2030, BlueWeave expects Middle East and Africa Retail Analytics Market size to expand at a CAGR of 23.60% reaching a value of USD 2,275.28 million in 2030. Middle East and Africa Retail Analytics Market is driven by the increasing adoption of big data and AI technologies, rising e-commerce penetration, and the need for enhanced customer insights and personalized marketing strategies. Retailers are focusing on optimizing supply chain operations and improving inventory management. Additionally, the growth of smartphone usage and digital payment systems, along with government initiatives supporting digital transformation, are significant factors propelling the market.
Opportunity - Increasing focus on real-time analytics solutions
Middle East and Africa Retail Analytics Market is being driven by the increasing focus on real-time analytics solutions. Retailers are leveraging real-time data to enhance customer experience, optimize inventory management, and streamline operations. The ability to analyze data in real-time allows retailers to make informed decisions, respond quickly to market changes, and personalize customer interactions, thereby boosting sales and improving overall efficiency. This growing emphasis on real-time analytics is a key factor fueling market growth.
Impact of Escalating Geopolitical Tensions on Middle East and Africa Retail Analytics Market
Geopolitical tensions across the region could significantly impact the growth of Middle East and Africa Retail Analytics Market, leading to supply chain disruptions, increased operational costs, and decreased infrastructure and technology investments. Additionally, regulatory changes could increase complexity and unpredictability. Despite these challenges, some retailers may opt for analytics to enhance operational efficiency and competitive advantage in the volatile environment.
Customer Management Is Largest Application Segment
The customer management segment holds the leadership position in Middle East and Africa Retail Analytics Market by application. The segment's dominance is driven by its crucial role in understanding customer behavior, enhancing customer experience, and driving personalized marketing strategies. Major retailers across the region are increasingly adopting customer management analytics to gain insights into customer preferences, improve loyalty programs, and boost sales, making it the most significant segment in the market.
Competitive Landscape
Middle East and Africa Retail Analytics Market is fiercely competitive, with numerous companies vying for a larger market share. Major companies in the market include IBM Corporation, Oracle, Adobe, SAP SE, RetailNext Inc., Alteryx Inc., Teradata Corporation, SAS Institute Inc., Wipro Limited, and HCL Technologies Limited. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in Middle East and Africa Retail Analytics Market.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Middle East and Africa Retail Analytics Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Middle East and Africa Retail Analytics Market and industry insights to help decision-makers make sound strategic decisions. Further, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. Middle East and Africa Retail Analytics Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Growing use of IoT in retail processes
- 3.2.1.2. Increasing digital transformation and centralization of retail operations
- 3.2.1.3. Rising demand for personalized customer experiences
- 3.2.1.4. Expansion of organized retail sector in MEA region
- 3.2.2. Restraints
- 3.2.2.1. Shortage of technical skilled expertise to match evolving retail technologies
- 3.2.2.2. Regulatory complexities and restrictions on data privacy and security
- 3.2.2.3. Competition among service providers in the fragmented market
- 3.2.3. Opportunities
- 3.2.3.1. Increasing focus on real-time analytics solutions
- 3.2.3.2. Growth potential in untapped markets within MEA
- 3.2.3.3. Surge in demand for cloud-based retail analytics solutions
- 3.2.4. Challenges
- 3.2.4.1. Resistance to change among traditional retailers
- 3.2.4.2. Lack of standardized data management practices
- 3.2.4.3. Competitive pricing pressures
- 3.2.1. Growth Drivers
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. Middle East and Africa Retail Analytics Market: Marketing Strategies
5. Middle East and Africa Retail Analytics Market Overview
- 5.1. Market Size & Forecast, 2019-2030
- 5.1.1. By Value (USD Million)
- 5.2. Market Share and Forecast
- 5.2.1. By Component
- 5.2.1.1. Software
- 5.2.1.2. Services
- 5.2.2. By Deployment Mode
- 5.2.2.1. Cloud
- 5.2.2.2. On-premises
- 5.2.3. By Organization Size
- 5.2.3.1. SMEs
- 5.2.3.2. Large Enterprises
- 5.2.4. By Application
- 5.2.4.1. Customer Management
- 5.2.4.2. Merchandising Analysis
- 5.2.4.3. Inventory Analysis
- 5.2.4.4. Performance Analysis
- 5.2.4.5. Pricing Analysis
- 5.2.4.6. Yield Analysis
- 5.2.4.7. Order & Fulfilment Management
- 5.2.4.8. Cluster Planning & Transportation Management
- 5.2.4.9. Others
- 5.2.5. By Country
- 5.2.5.1. Saudi Arabia
- 5.2.5.2. UAE
- 5.2.5.3. Qatar
- 5.2.5.4. Kuwait
- 5.2.5.5. South Africa
- 5.2.5.6. Nigeria
- 5.2.5.7. Algeria
- 5.2.5.8. Rest of MEA
- 5.2.1. By Component
6. Saudi Arabia Retail Analytics Market
- 6.1. Market Size & Forecast, 2019-2030
- 6.1.1. By Value (USD Million)
- 6.2. Market Share & Forecast
- 6.2.1. By Component
- 6.2.2. By Deployment Mode
- 6.2.3. By Organization Size
- 6.2.4. By Application
7. UAE Retail Analytics Market
- 7.1. Market Size & Forecast, 2019-2030
- 7.1.1. By Value (USD Million)
- 7.2. Market Share & Forecast
- 7.2.1. By Component
- 7.2.2. By Deployment Mode
- 7.2.3. By Organization Size
- 7.2.4. By Application
8. Qatar Retail Analytics Market
- 8.1. Market Size & Forecast, 2019-2030
- 8.1.1. By Value (USD Million)
- 8.2. Market Share & Forecast
- 8.2.1. By Component
- 8.2.2. By Deployment Mode
- 8.2.3. By Organization Size
- 8.2.4. By Application
9. Kuwait Retail Analytics Market
- 9.1. Market Size & Forecast, 2019-2030
- 9.1.1. By Value (USD Million)
- 9.2. Market Share & Forecast
- 9.2.1. By Component
- 9.2.2. By Deployment Mode
- 9.2.3. By Organization Size
- 9.2.4. By Application
10. South Africa Retail Analytics Market
- 10.1. Market Size & Forecast, 2019-2030
- 10.1.1. By Value (USD Million)
- 10.2. Market Share & Forecast
- 10.2.1. By Component
- 10.2.2. By Deployment Mode
- 10.2.3. By Organization Size
- 10.2.4. By Application
11. Nigeria Retail Analytics Market
- 11.1. Market Size & Forecast, 2019-2030
- 11.1.1. By Value (USD Million)
- 11.2. Market Share & Forecast
- 11.2.1. By Component
- 11.2.2. By Deployment Mode
- 11.2.3. By Organization Size
- 11.2.4. By Application
12. Algeria Retail Analytics Market
- 12.1. Market Size & Forecast, 2019-2030
- 12.1.1. By Value (USD Million)
- 12.2. Market Share & Forecast
- 12.2.1. By Component
- 12.2.2. By Deployment Mode
- 12.2.3. By Organization Size
- 12.2.4. By Application
13. Rest of MEA Retail Analytics Market
- 13.1. Market Size & Forecast, 2019-2030
- 13.1.1. By Value (USD Million)
- 13.2. Market Share & Forecast
- 13.2.1. By Component
- 13.2.2. By Deployment Mode
- 13.2.3. By Organization Size
- 13.2.4. By Application
14. Competitive Landscape
- 14.1. List of Key Players and Their Offerings
- 14.2. Middle East and Africa Retail Analytics Market Share Analysis, 2023
- 14.3. Competitive Benchmarking, By Operating Parameters
- 14.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
15. Impact of Escalating Geopolitical Tensions on Middle East and Africa Retail Analytics Market
16. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- 16.1. IBM Corporation
- 16.2. Oracle
- 16.3. Adobe
- 16.4. SAP SE
- 16.5. RetailNext Inc.
- 16.6. Alteryx Inc.
- 16.7. Teradata Corporation
- 16.8. SAS Institute Inc.
- 16.9. Wipro Limited
- 16.10. HCL Technologies Limited
- 16.11. Other Prominent Players
17. Key Strategic Recommendations
18. Research Methodology
- 18.1. Qualitative Research
- 18.1.1. Primary & Secondary Research
- 18.2. Quantitative Research
- 18.3. Market Breakdown & Data Triangulation
- 18.3.1. Secondary Research
- 18.3.2. Primary Research
- 18.4. Breakdown of Primary Research Respondents, By Country
- 18.5. Assumptions & Limitations
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
List of Figures
- Figure 1 Middle East and Africa Retail Analytics Market Size, By Value (USD Million), 2019-2030
- Figure 2 Middle East and Africa Retail Analytics Market Share, By Component, By Value, 2019-2030
- Figure 3 Middle East and Africa Retail Analytics Market Share, By Deployment Mode, By Value, 2019-2030
- Figure 4 Middle East and Africa Retail Analytics Market Share, By Organization Size, By Value, 2019-2030
- Figure 5 Middle East and Africa Retail Analytics Market Share, By Application, By Value, 2019-2030
- Figure 6 Middle East and Africa Retail Analytics Market Share, By Country, By Value, 2019-2030
- Figure 7 Saudi Arabia Retail Analytics Market Size, By Value (USD Million), 2019-2030
- Figure 8 Saudi Arabia Retail Analytics Market Share, By Component, By Value, 2019-2030
- Figure 9 Saudi Arabia Retail Analytics Market Share, By Deployment Mode, By Value, 2019-2030
- Figure 10 Saudi Arabia Retail Analytics Market Share, By Organization Size, By Value, 2019-2030
- Figure 11 Saudi Arabia Retail Analytics Market Share, By Application, By Value, 2019-2030
- Figure 12 UAE Retail Analytics Market Size, By Value (USD Million), 2019-2030
- Figure 13 UAE Retail Analytics Market Share, By Component, By Value, 2019-2030
- Figure 14 UAE Retail Analytics Market Share, By Deployment Mode, By Value, 2019-2030
- Figure 15 UAE Retail Analytics Market Share, By Organization Size, By Value, 2019-2030
- Figure 16 UAE Retail Analytics Market Share, By Application, By Value, 2019-2030
- Figure 17 Qatar Retail Analytics Market Size, By Value (USD Million), 2019-2030
- Figure 18 Qatar Retail Analytics Market Share, By Component, By Value, 2019-2030
- Figure 19 Qatar Retail Analytics Market Share, By Deployment Mode, By Value, 2019-2030
- Figure 20 Qatar Retail Analytics Market Share, By Organization Size, By Value, 2019-2030
- Figure 21 Qatar Retail Analytics Market Share, By Application, By Value, 2019-2030
- Figure 22 Kuwait Retail Analytics Market Size, By Value (USD Million), 2019-2030
- Figure 23 Kuwait Retail Analytics Market Share, By Component, By Value, 2019-2030
- Figure 24 Kuwait Retail Analytics Market Share, By Deployment Mode, By Value, 2019-2030
- Figure 25 Kuwait Retail Analytics Market Share, By Organization Size, By Value, 2019-2030
- Figure 26 Kuwait Retail Analytics Market Share, By Application, By Value, 2019-2030
- Figure 27 South Africa Retail Analytics Market Size, By Value (USD Million), 2019-2030
- Figure 28 South Africa Retail Analytics Market Share, By Component, By Value, 2019-2030
- Figure 29 South Africa Retail Analytics Market Share, By Deployment Mode, By Value, 2019-2030
- Figure 30 South Africa Retail Analytics Market Share, By Organization Size, By Value, 2019-2030
- Figure 31 South Africa Retail Analytics Market Share, By Application, By Value, 2019-2030
- Figure 32 Nigeria Retail Analytics Market Size, By Value (USD Million), 2019-2030
- Figure 33 Nigeria Retail Analytics Market Share, By Component, By Value, 2019-2030
- Figure 34 Nigeria Retail Analytics Market Share, By Deployment Mode, By Value, 2019-2030
- Figure 35 Nigeria Retail Analytics Market Share, By Organization Size, By Value, 2019-2030
- Figure 36 Nigeria Retail Analytics Market Share, By Application, By Value, 2019-2030
- Figure 37 Algeria Retail Analytics Market Size, By Value (USD Million), 2019-2030
- Figure 38 Algeria Retail Analytics Market Share, By Component, By Value, 2019-2030
- Figure 39 Algeria Retail Analytics Market Share, By Deployment Mode, By Value, 2019-2030
- Figure 40 Algeria Retail Analytics Market Share, By Organization Size, By Value, 2019-2030
- Figure 41 Algeria Retail Analytics Market Share, By Application, By Value, 2019-2030
- Figure 42 Rest of Middle East and Africa Retail Analytics Market Size, By Value (USD Million), 2019-2030
- Figure 43 Rest of Middle East and Africa Retail Analytics Market Share, By Component, By Value, 2019-2030
- Figure 44 Rest of Middle East and Africa Retail Analytics Market Share, By Deployment Mode, By Value, 2019-2030
- Figure 45 Rest of Middle East and Africa Retail Analytics Market Share, By Organization Size, By Value, 2019-2030
- Figure 46 Rest of Middle East and Africa Retail Analytics Market Share, By Application, By Value, 2019-2030
List of Tables
- Table 1 Middle East and Africa Retail Analytics Market Size, By Value (USD Million), 2019-2030
- Table 2 Middle East and Africa Retail Analytics Market Size, By Component, By Value, 2019-2030
- Table 3 Middle East and Africa Retail Analytics Market Size, By Deployment Mode, By Value, 2019-2030
- Table 4 Middle East and Africa Retail Analytics Market Size, By Organization Size, By Value, 2019-2030
- Table 5 Middle East and Africa Retail Analytics Market Size, By Application, By Value, 2019-2030
- Table 6 Middle East and Africa Retail Analytics Market Size, By Country, By Value, 2019-2030
- Table 7 Saudi Arabia Retail Analytics Market Size, By Value (USD Million), 2019-2030
- Table 8 Saudi Arabia Retail Analytics Market Size, By Component, By Value, 2019-2030
- Table 9 Saudi Arabia Retail Analytics Market Size, By Deployment Mode, By Value, 2019-2030
- Table 10 Saudi Arabia Retail Analytics Market Size, By Organization Size, By Value, 2019-2030
- Table 11 Saudi Arabia Retail Analytics Market Size, By Application, By Value, 2019-2030
- Table 12 UAE Retail Analytics Market Size, By Value (USD Million), 2019-2030
- Table 13 UAE Retail Analytics Market Size, By Component, By Value, 2019-2030
- Table 14 UAE Retail Analytics Market Size, By Deployment Mode, By Value, 2019-2030
- Table 15 UAE Retail Analytics Market Size, By Organization Size, By Value, 2019-2030
- Table 16 UAE Retail Analytics Market Size, By Application, By Value, 2019-2030
- Table 17 Qatar Retail Analytics Market Size, By Value (USD Million), 2019-2030
- Table 18 Qatar Retail Analytics Market Size, By Component, By Value, 2019-2030
- Table 19 Qatar Retail Analytics Market Size, By Deployment Mode, By Value, 2019-2030
- Table 20 Qatar Retail Analytics Market Size, By Organization Size, By Value, 2019-2030
- Table 21 Qatar Retail Analytics Market Size, By Application, By Value, 2019-2030
- Table 22 Kuwait Retail Analytics Market Size, By Value (USD Million), 2019-2030
- Table 23 Kuwait Retail Analytics Market Size, By Component, By Value, 2019-2030
- Table 24 Kuwait Retail Analytics Market Size, By Deployment Mode, By Value, 2019-2030
- Table 25 Kuwait Retail Analytics Market Size, By Organization Size, By Value, 2019-2030
- Table 26 Kuwait Retail Analytics Market Size, By Application, By Value, 2019-2030
- Table 27 South Africa Retail Analytics Market Size, By Value (USD Million), 2019-2030
- Table 28 South Africa Retail Analytics Market Size, By Component, By Value, 2019-2030
- Table 29 South Africa Retail Analytics Market Size, By Deployment Mode, By Value, 2019-2030
- Table 30 South Africa Retail Analytics Market Size, By Organization Size, By Value, 2019-2030
- Table 31 South Africa Retail Analytics Market Size, By Application, By Value, 2019-2030
- Table 32 Nigeria Retail Analytics Market Size, By Value (USD Million), 2019-2030
- Table 33 Nigeria Retail Analytics Market Size, By Component, By Value, 2019-2030
- Table 34 Nigeria Retail Analytics Market Size, By Deployment Mode, By Value, 2019-2030
- Table 35 Nigeria Retail Analytics Market Size, By Organization Size, By Value, 2019-2030
- Table 36 Nigeria Retail Analytics Market Size, By Application, By Value, 2019-2030
- Table 37 Algeria Retail Analytics Market Size, By Value (USD Million), 2019-2030
- Table 38 Algeria Retail Analytics Market Size, By Component, By Value, 2019-2030
- Table 39 Algeria Retail Analytics Market Size, By Deployment Mode, By Value, 2019-2030
- Table 40 Algeria Retail Analytics Market Size, By Organization Size, By Value, 2019-2030
- Table 41 Algeria Retail Analytics Market Size, By Application, By Value, 2019-2030
- Table 42 Rest of Middle East and Africa Retail Analytics Market Size, By Value (USD Million), 2019-2030
- Table 43 Rest of Middle East and Africa Retail Analytics Market Size, By Component, By Value, 2019-2030
- Table 44 Rest of Middle East and Africa Retail Analytics Market Size, By Deployment Mode, By Value, 2019-2030
- Table 45 Rest of Middle East and Africa Retail Analytics Market Size, By Organization Size, By Value, 2019-2030
- Table 46 Rest of Middle East and Africa Retail Analytics Market Size, By Application, By Value, 2019-2030
- Table 47 IBM Corporation Company Overview
- Table 48 IBM Corporation Financial Overview
- Table 49 Oracle Company Overview
- Table 50 Oracle Financial Overview
- Table 51 Adobe Company Overview
- Table 52 Adobe Financial Overview
- Table 53 SAP SE Company Overview
- Table 54 SAP SE Financial Overview
- Table 55 RetailNext Inc. Company Overview
- Table 56 RetailNext Inc. Financial Overview
- Table 57 Alteryx Inc. Company Overview
- Table 58 Alteryx Inc. Financial Overview
- Table 59 Teradata Corporation Company Overview
- Table 60 Teradata Corporation Financial Overview
- Table 61 SAS Institute Inc. Company Overview
- Table 62 SAS Institute Inc. Financial Overview
- Table 63 Wipro Limited Company Overview
- Table 64 Wipro Limited Financial Overview
- Table 65 HCL Technologies Limited Company Overview
- Table 66 HCL Technologies Limited Financial Overview
