PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1565993
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1565993
Asia Pacific Retail Analytics Market, By Deployment; By Retail Store Type; By Function; By Country, Trend Analysis, Competitive Landscape & Forecast, 2019-2030
Asia Pacific Retail Analytics Market Size Zooming 3.4X to Reach Value of USD 29 Billion by 2030
Asia Pacific Retail Analytics Market is flourishing due to the synergistic impact of thriving e-commerce, proliferation of omnichannel retail strategies, and the exponential growth of data volumes coupled with advanced analytics capabilities.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Asia Pacific Retail Analytics Market size by value at USD 8.4 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects Asia Pacific Retail Analytics Market size to expand at a CAGR of 18.9% reaching a value of USD 28.7 billion by 2030. The Retail Analytics Market across the Asia Pacific region is propelled by the confluence of technological advancements and evolving consumer behaviors, the burgeoning adoption of Wi-Fi analytics, a pronounced shift towards prescriptive analytics, and the strategic integration of IoT and robotics. Retailers are increasingly leveraging analytics platforms, incorporating beacons, video analytics, and 3D sensors to optimize in-store operations and deliver personalized customer experiences. Major countries in the Asia Pacific region, particularly China, India, Japan, South Korea, and Australia, are at the forefront of this transformation. The confluence of Industry 4.0, the proliferation of smartphones, and escalating e-commerce activity is further accelerating market expansion. Moreover, the burgeoning retail landscape in developing economies, coupled with the growing demand for automated retail solutions, is creating lucrative opportunities. For instance, Reliance Retail's ambitious expansion plans for Gap stores in India exemplify the potential market for retail analytics solutions.
Opportunities - Rising focus on supply chain optimization
In the rapidly evolving APAC Retail Analytics Market, supply chain optimization presents a significant opportunity for growth. Leveraging advanced analytics enables businesses to accurately forecast demand, manage inventory, optimize distribution networks, and enhance supplier performance. By integrating business intelligence (BI) and analytics at the core of supply chain management, companies can achieve real-time tracking of packages, streamline inventory and replenishment processes, and reduce shipment costs. The transformative approach enhances efficiency and visibility across the supply chain, addressing the limitations of traditional methods that lack end-to-end integration and fail to predict demand fluctuations effectively. E-retail giants like Amazon and eBay exemplify the benefits of using analytics to monitor every detail of their goods, ensuring optimal performance and responsiveness. As APAC retailers increasingly adopt these advanced analytics tools, the potential for supply chain optimization continues to drive substantial market opportunities.
Merchandising Holds Largest Share in APAC Retail Analytics Market
The merchandising segment accounts for the major share of Asia Pacific Retail Analytics Market by function. Merchandising analytics is the linchpin of modern retail strategy, empowering businesses to sculpt brand identity, optimize product placement, and anticipate market shifts. By decoding consumer behavior and competitive landscapes, retailers can meticulously craft brand narratives that resonate deeply with their target audience, fostering loyalty and advocacy. Armed with data-driven insights, merchandising teams can secure prime shelf real estate, maximizing product visibility and driving sales. Moreover, by identifying untapped market segments and product opportunities, businesses can innovate and differentiate their offerings, staying ahead of the competition. The ability to dynamically adjust pricing and make real-time recommendations across both physical and digital channels is a game-changer, propelling efficiency and profitability. In essence, merchandising analytics is the catalyst driving the Asia Pacific Retail Analytics Market, delivering a formidable competitive advantage. Other major segments in the market by function include Customer Management, Supply Chain, Strategy and Planning, and In-store Operations.
Impact of Escalating Geopolitical Tensions on Asia Pacific Retail Analytics Market
Asia Pacific Retail Analytics Market may face significant challenges from intensifying geopolitical tensions across the world. Such tensions create uncertainty and disrupt global supply chains, leading to unpredictable consumer behavior and complicating trend forecasting. The resulting volatility can hinder effective use of analytics for optimizing sales strategies. Additionally, geopolitical risks may delay or deter investments in technology and data infrastructure, further constraining market growth. With increased operational costs and potential delays, businesses may struggle to leverage analytics fully, affecting the region's ability to capitalize on data-driven opportunities.
Competitive Landscape
Asia Pacific Retail Analytics Market is fragmented, with numerous players serving the market. The key players dominating Asia Pacific Retail Analytics Market include Oracle Corporation, IBM Corporation, SAP SE, Microsoft Corporation, Qlik Technologies, Inc, Retail Next, Inc, Manthan Systems, and Intelligence Node. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge in the overall market.
The report's in-depth analysis provides information about growth potential, upcoming trends, and Asia Pacific Retail Analytics Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Asia Pacific Retail Analytics Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses 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. APAC Retail Analytics Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. E-commerce Boom
- 3.2.1.2. Omnichannel Retail
- 3.2.1.3. Data Explosion and Advanced Analytics
- 3.2.2. Restraints
- 3.2.2.1. High Cost of Implementation
- 3.2.2.2. Lack of Skilled Analytics Professionals
- 3.2.3. Opportunities
- 3.2.3.1. Increase in Customer Centricity
- 3.2.3.2. Rise in Supply Chain Optimization
- 3.2.4. Challenges
- 3.2.4.1. Data Security and Privacy Concerns
- 3.2.4.2. Economic Fluctuations
- 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. APAC Retail Analytics Market: Marketing Strategies
5. APAC Retail Analytics Market Overview
- 5.1. Market Size & Forecast, 2019-2030
- 5.1.1. By Value (USD Billion)
- 5.2. Market Share & Forecast
- 5.2.1. By Deployment
- 5.2.1.1. On-premises
- 5.2.1.2. Cloud
- 5.2.2. By Retail Store Type
- 5.2.2.1. Hypermarkets & Supermarkets
- 5.2.2.2. Retail Chains
- 5.2.3. By Function
- 5.2.3.1. Customer Management
- 5.2.3.2. Supply Chain
- 5.2.3.3. Merchandising
- 5.2.3.4. Strategy & Planning
- 5.2.3.5. In-store Operations
- 5.2.4. By Country
- 5.2.4.1. China
- 5.2.4.2. India
- 5.2.4.3. Japan
- 5.2.4.4. South Korea
- 5.2.4.5. Australia & New Zealand
- 5.2.4.6. Indonesia
- 5.2.4.7. Malaysia
- 5.2.4.8. Singapore
- 5.2.4.9. Vietnam
- 5.2.4.10. Rest of APAC
- 5.2.1. By Deployment
6. China Retail Analytics Market
- 6.1. Market Size & Forecast, 2019-2030
- 6.1.1. By Value (USD Billion)
- 6.2. Market Share & Forecast
- 6.2.1. By Deployment
- 6.2.2. By Retail Store Type
- 6.2.3. By Function
7. India Retail Analytics Market
- 7.1. Market Size & Forecast, 2019-2030
- 7.1.1. By Value (USD Billion)
- 7.2. Market Share & Forecast
- 7.2.1. By Deployment
- 7.2.2. By Retail Store Type
- 7.2.3. By Function
8. Japan Retail Analytics Market
- 8.1. Market Size & Forecast, 2019-2030
- 8.1.1. By Value (USD Billion)
- 8.2. Market Share & Forecast
- 8.2.1. By Deployment
- 8.2.2. By Retail Store Type
- 8.2.3. By Function
9. South Korea Retail Analytics Market
- 9.1. Market Size & Forecast, 2019-2030
- 9.1.1. By Value (USD Billion)
- 9.2. Market Share & Forecast
- 9.2.1. By Deployment
- 9.2.2. By Retail Store Type
- 9.2.3. By Function
10. Australia & New Zealand Retail Analytics Market
- 10.1. Market Size & Forecast, 2019-2030
- 10.1.1. By Value (USD Billion)
- 10.2. Market Share & Forecast
- 10.2.1. By Deployment
- 10.2.2. By Retail Store Type
- 10.2.3. By Function
11. Indonesia Retail Analytics Market
- 11.1. Market Size & Forecast, 2019-2030
- 11.1.1. By Value (USD Billion)
- 11.2. Market Share & Forecast
- 11.2.1. By Deployment
- 11.2.2. By Retail Store Type
- 11.2.3. By Function
12. Malaysia Retail Analytics Market
- 12.1. Market Size & Forecast, 2019-2030
- 12.1.1. By Value (USD Billion)
- 12.2. Market Share & Forecast
- 12.2.1. By Deployment
- 12.2.2. By Retail Store Type
- 12.2.3. By Function
13. Singapore Retail Analytics Market
- 13.1. Market Size & Forecast, 2019-2030
- 13.1.1. By Value (USD Billion)
- 13.2. Market Share & Forecast
- 13.2.1. By Deployment
- 13.2.2. By Retail Store Type
- 13.2.3. By Function
14. Vietnam Retail Analytics Market
- 14.1. Market Size & Forecast, 2019-2030
- 14.1.1. By Value (USD Billion)
- 14.2. Market Share & Forecast
- 14.2.1. By Deployment
- 14.2.2. By Retail Store Type
- 14.2.3. By Function
15. Rest of APAC Retail Analytics Market
- 15.1. Market Size & Forecast, 2019-2030
- 15.1.1. By Value (USD Billion)
- 15.2. Market Share & Forecast
- 15.2.1. By Deployment
- 15.2.2. By Retail Store Type
- 15.2.3. By Function
16. Competitive Landscape
- 16.1. List of Key Players and Their Offerings
- 16.2. Asia Pacific Retail Analytics Company Market Share Analysis, 2023
- 16.3. Competitive Benchmarking, By Operating Parameters
- 16.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
17. Impact of Escalating Geopolitical Tensions on Asia Pacific Retail Analytics Market
18. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- 18.1. Oracle Corporation
- 18.2. IBM Corporation
- 18.3. SAP SE
- 18.4. Microsoft Corporation
- 18.5. Qlik Technologies, Inc
- 18.6. Retail Next, Inc
- 18.7. Manthan Systems
- 18.8. Intelligence Node
- 18.9. Other Prominent Players
19. Key Strategic Recommendations
20. Research Methodology
- 20.1. Qualitative Research
- 20.1.1. Primary & Secondary Research
- 20.2. Quantitative Research
- 20.3. Market Breakdown & Data Triangulation
- 20.3.1. Secondary Research
- 20.3.2. Primary Research
- 20.4. Breakdown of Primary Research Respondents, By Region
- 20.5. 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 Asia Pacific Retail Analytics Segmentation
- Figure 2 Asia Pacific Retail Analytics Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2023
- Figure 4 Asia Pacific Retail Analytics Market Size, By Value (USD Billion), 2019-2030
- Figure 5 Asia Pacific Retail Analytics Market Share, By Deployment, By Value, 2019-2030
- Figure 6 Asia Pacific Retail Analytics Market Share, By Retail Store Type, By Value, 2019-2030
- Figure 7 Asia Pacific Retail Analytics Market Share, By Function, By Value, 2019-2030
- Figure 8 Asia Pacific Retail Analytics Market Share, By Country, By Value, 2019-2030
- Figure 9 China Retail Analytics Market Size, By Value (USD Billion), 2019-2030
- Figure 10 China Retail Analytics Market Share, By Deployment, By Value, 2019-2030
- Figure 11 China Retail Analytics Market Share, By Retail Store Type, By Value, 2019-2030
- Figure 12 China Retail Analytics Market Share, By Function, By Value, 2019-2030
- Figure 13 India Retail Analytics Market Size, By Value (USD Billion), 2019-2030
- Figure 14 India Retail Analytics Market Share, By Deployment, By Value, 2019-2030
- Figure 15 India Retail Analytics Market Share, By Retail Store Type, By Value, 2019-2030
- Figure 16 India Retail Analytics Market Share, By Function, By Value, 2019-2030
- Figure 17 Japan Retail Analytics Market Size, By Value (USD Billion), 2019-2030
- Figure 18 Japan Retail Analytics Market Share, By Deployment, By Value, 2019-2030
- Figure 19 Japan Retail Analytics Market Share, By Retail Store Type, By Value, 2019-2030
- Figure 20 Japan Retail Analytics Market Share, By Function, By Value, 2019-2030
- Figure 21 South Korea Retail Analytics Market Size, By Value (USD Billion), 2019-2030
- Figure 22 South Korea Retail Analytics Market Share, By Deployment, By Value, 2019-2030
- Figure 23 South Korea Retail Analytics Market Share, By Retail Store Type, By Value, 2019-2030
- Figure 24 South Korea Retail Analytics Market Share, By Function, By Value, 2019-2030
- Figure 25 Australia & New Zealand Retail Analytics Market Size, By Value (USD Billion), 2019-2030
- Figure 26 Australia & New Zealand Retail Analytics Market Share, By Deployment, By Value, 2019-2030
- Figure 27 Australia & New Zealand Retail Analytics Market Share, By Retail Store Type, By Value, 2019-2030
- Figure 28 Australia & New Zealand Retail Analytics Market Share, By Function, By Value, 2019-2030
- Figure 29 Indonesia Retail Analytics Market Size, By Value (USD Billion), 2019-2030
- Figure 30 Indonesia Retail Analytics Market Share, By Deployment, By Value, 2019-2030
- Figure 31 Indonesia Retail Analytics Market Share, By Retail Store Type, By Value, 2019-2030
- Figure 32 Indonesia Retail Analytics Market Share, By Function, By Value, 2019-2030
- Figure 33 Malaysia Retail Analytics Market Size, By Value (USD Billion), 2019-2030
- Figure 34 Malaysia Retail Analytics Market Share, By Deployment, By Value, 2019-2030
- Figure 35 Malaysia Retail Analytics Market Share, By Retail Store Type, By Value, 2019-2030
- Figure 36 Malaysia Retail Analytics Market Share, By Function, By Value, 2019-2030
- Figure 37 Singapore Retail Analytics Market Size, By Value (USD Billion), 2019-2030
- Figure 38 Singapore Retail Analytics Market Share, By Deployment, By Value, 2019-2030
- Figure 39 Singapore Retail Analytics Market Share, By Retail Store Type, By Value, 2019-2030
- Figure 40 Singapore Retail Analytics Market Share, By Function, By Value, 2019-2030
- Figure 41 Vietnam Retail Analytics Market Size, By Value (USD Billion), 2019-2030
- Figure 42 Vietnam Retail Analytics Market Share, By Deployment, By Value, 2019-2030
- Figure 43 Vietnam Retail Analytics Market Share, By Retail Store Type, By Value, 2019-2030
- Figure 44 Vietnam Retail Analytics Market Share, By Function, By Value, 2019-2030
- Figure 45 Rest of APAC Retail Analytics Market Size, By Value (USD Billion), 2019-2030
- Figure 46 Rest of APAC Retail Analytics Market Share, By Deployment, By Value, 2019-2030
- Figure 47 Rest of APAC Retail Analytics Market Share, By Retail Store Type, By Value, 2019-2030
- Figure 48 Rest of APAC Retail Analytics Market Share, By Function, By Value, 2019-2030
List of Tables
- Table 1 Asia Pacific Retail Analytics Market Size, By Value (USD Billion), 2019-2030
- Table 2 Asia Pacific Retail Analytics Market Size, By Deployment, By Value, 2019-2030
- Table 3 Asia Pacific Retail Analytics Market Size, By Retail Store Type, By Value, 2019-2030
- Table 4 Asia Pacific Retail Analytics Market Size, By Function, By Value, 2019-2030
- Table 5 Asia Pacific Retail Analytics Market Size, By Country, By Value, 2019-2030
- Table 6 China Retail Analytics Market Size, By Value (USD Billion), 2019-2030
- Table 7 China Retail Analytics Market Size, By Deployment, By Value, 2019-2030
- Table 8 China Retail Analytics Market Size, By Retail Store Type, By Value, 2019-2030
- Table 9 China Retail Analytics Market Size, By Function, By Value, 2019-2030
- Table 10 India Retail Analytics Market Size, By Value (USD Billion), 2019-2030
- Table 11 India Retail Analytics Market Size, By Deployment, By Value, 2019-2030
- Table 12 India Retail Analytics Market Size, By Retail Store Type, By Value, 2019-2030
- Table 13 India Retail Analytics Market Size, By Function, By Value, 2019-2030
- Table 14 Japan Retail Analytics Market Size, By Value (USD Billion), 2019-2030
- Table 15 Japan Retail Analytics Market Size, By Deployment, By Value, 2019-2030
- Table 16 Japan Retail Analytics Market Size, By Retail Store Type, By Value, 2019-2030
- Table 17 Japan Retail Analytics Market Size, By Function, By Value, 2019-2030
- Table 18 South Korea Retail Analytics Market Size, By Value (USD Billion), 2019-2030
- Table 19 South Korea Retail Analytics Market Size, By Deployment, By Value, 2019-2030
- Table 20 South Korea Retail Analytics Market Size, By Retail Store Type, By Value, 2019-2030
- Table 21 South Korea Retail Analytics Market Size, By Function, By Value, 2019-2030
- Table 22 Australia & New Zealand Retail Analytics Market Size, By Value (USD Billion), 2019-2030
- Table 23 Australia & New Zealand Retail Analytics Market Size, By Deployment, By Value, 2019-2030
- Table 24 Australia & New Zealand Retail Analytics Market Size, By Retail Store Type, By Value, 2019-2030
- Table 25 Australia & New Zealand Retail Analytics Market Size, By Function, By Value, 2019-2030
- Table 26 Indonesia Retail Analytics Market Size, By Value (USD Billion), 2019-2030
- Table 27 Indonesia Retail Analytics Market Size, By Deployment, By Value, 2019-2030
- Table 28 Indonesia Retail Analytics Market Size, By Retail Store Type, By Value, 2019-2030
- Table 29 Indonesia Retail Analytics Market Size, By Function, By Value, 2019-2030
- Table 30 Malaysia Retail Analytics Market Size, By Value (USD Billion), 2019-2030
- Table 31 Malaysia Retail Analytics Market Size, By Deployment, By Value, 2019-2030
- Table 32 Malaysia Retail Analytics Market Size, By Retail Store Type, By Value, 2019-2030
- Table 33 Malaysia Retail Analytics Market Size, By Function, By Value, 2019-2030
- Table 34 Singapore Retail Analytics Market Size, By Value (USD Billion), 2019-2030
- Table 35 Singapore Retail Analytics Market Size, By Deployment, By Value, 2019-2030
- Table 36 Singapore Retail Analytics Market Size, By Retail Store Type, By Value, 2019-2030
- Table 37 Singapore Retail Analytics Market Size, By Function, By Value, 2019-2030
- Table 38 Vietnam Retail Analytics Market Size, By Value (USD Billion), 2019-2030
- Table 39 Vietnam Retail Analytics Market Size, By Deployment, By Value, 2019-2030
- Table 40 Vietnam Retail Analytics Market Size, By Retail Store Type, By Value, 2019-2030
- Table 41 Vietnam Retail Analytics Market Size, By Function, By Value, 2019-2030
- Table 42 Rest of APAC Retail Analytics Market Size, By Value (USD Billion), 2019-2030
- Table 43 Rest of APAC Retail Analytics Market Size, By Deployment, By Value, 2019-2030
- Table 44 Rest of APAC Retail Analytics Market Size, By Retail Store Type, By Value, 2019-2030
- Table 45 Rest of APAC Retail Analytics Market Size, By Function, By Value, 2019-2030
- Table 46 Oracle Corporation Company Overview
- Table 47 Oracle Corporation Financial Overview
- Table 48 IBM Corporation Company Overview
- Table 49 IBM Corporation Financial Overview
- Table 50 SAP SE Company Overview
- Table 51 SAP SE Financial Overview
- Table 52 Microsoft Corporation Company Overview
- Table 53 Microsoft Corporation Financial Overview
- Table 54 Qlik Technologies, Inc Company Overview
- Table 55 Qlik Technologies, Inc Financial Overview
- Table 56 Retail Next, Inc Company Overview
- Table 57 Retail Next, Inc Financial Overview
- Table 58 Manthan Systems Company Overview
- Table 59 Manthan Systems Financial Overview
- Table 60 Intelligence Node Company Overview
- Table 61 Intelligence Node Financial Overview
