Global Smart Retail Market Size study & Forecast, by Solution (Hardware, Software) by Application (Visual Marketing, Smart Label, Smart Payment System, Intelligent System, Others) and Regional Analysis, 2022-2029

Description

List of Tables

Global Smart Retail Market is valued approximately USD XXX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Smart retail refers to the use of advanced technologies, such as artificial intelligence (AI), machine learning, and the Internet of Things (IoT), to enhance the customer shopping experience, optimize inventory management, and streamline operational processes. Smart retail solutions typically leverage data analytics to gain insights into customer behavior, preferences, and buying patterns, which can be used to create personalized experiences and offer targeted promotions. The key factor driving the market growth is growing adoption of big data analytics, machine learning, blockchain, and artificial intelligence technologies by retailers, rising use of robots and automation to offer shopping convenience to customers, and changing customer expectations leading to increased use of smart technologies by retailers is anticipated to create the lucrative demand for the market during forecast period. However, one of the key trends fueling market growth is the growing adoption of technologies like artificial intelligence (AI), virtual reality (VR), augmented reality (AR), and the internet of things (IoT) to improve the shopping experience for consumers, enable accurate inventory management, and enhance store operations. Because technology enables brands to interact with customers via their mobile devices, augmented reality is particularly transforming the retail sector. Adopting augmented reality (AR) in marketing aids in fostering customer relationships, improving the customer experience, and ultimately boosting sales.

Moreover, the rising adoption of robots and automation in retail stores to offer convenience shopping experience to customers is anticipated to boost the market growth. In Jan. 2020, Bossa Nova Robotics, a company based in the Bay area, has announced the collaboration with Walmart Inc. to deliver shelf-scanning inventory robots to 1,000 Walmart shops across the US. Additionally, rising investment by the market players for the development of smart stores and growing adoption of connected devices is anticipated to create the lucrative opportunity for the market during forecast period. However, the rising maintenance costs of advanced high-end computing systems and high risks of customer data thefts stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Smart Retail Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the dominating region across the world in terms of market share, owing to the presence of key market players, growing adoption of connected devices and rising number of retail stores in the region. Whereas, Asia Pacific is also anticipated to exhibit highest growth rate over the forecast period, owing to factors such as increasing deployment of smart retail solutions such as big data analytics, reception robots, intelligent dressing mirrors, and shopping guide robots in countries such as China and Japan would create lucrative growth prospects for the Smart Retail market across Asia Pacific region.

Major market players included in this report are:

Amazon.com, Inc.
NCR Corporation
PAX Global Technology Limited
Ingenico, Fiserv, Inc.
Google LLC
Honeywell International Inc.
Huawei Technologies Co., Ltd.
LG Display Co., Ltd.
Intel Corporation
Samsung Electronics

Recent Developments in the Market:

In January 2020, Intel Corporation collaborated with Sensormatic Solutions, a Johnson Controls division, to provide merchants scalable, AI-powered solutions. Sensormatic Solutions will also use the Intel Distribution of OpenVINO toolkits and Intel models when distributing its products to retailers.

Global Smart Retail Market Report Scope:

Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Solution, Application, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Solution:

Hardware
Software

By Application:

Visual Marketing
Smart Label
Smart Payment System
Intelligent System
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Smart Retail Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Smart Retail Market, by Solution, 2019-2029 (USD Billion)
- 1.2.3. Smart Retail Market, by Application, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Smart Retail Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Smart Retail Market Dynamics

3.1. Smart Retail Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Growing adoption of big data analytics, machine learning, blockchain, and artificial intelligence technologies by retailers
  - 3.1.1.2. Rising use of robots and automation to offer shopping convenience to customers
  - 3.1.1.3. Changing customer expectations leading to increased use of smart technologies by retailers
- 3.1.2. Market Challenges
  - 3.1.2.1. Rising maintenance costs of advanced high-end computing systems
  - 3.1.2.2. High risks of customer data thefts
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rising investment by the market players for the development of smart stores
  - 3.1.3.2. Growing adoption of connected devices

Chapter 4. Global Smart Retail Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Smart Retail Market, by Solution

6.1. Market Snapshot
6.2. Global Smart Retail Market by Solution, Performance - Potential Analysis
6.3. Global Smart Retail Market Estimates & Forecasts by Solution 2019-2029 (USD Billion)
6.4. Smart Retail Market, Sub Segment Analysis
- 6.4.1. Hardware
- 6.4.2. Software

Chapter 7. Global Smart Retail Market, by Application

7.1. Market Snapshot
7.2. Global Smart Retail Market by Application, Performance - Potential Analysis
7.3. Global Smart Retail Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
7.4. Smart Retail Market, Sub Segment Analysis
- 7.4.1. Visual Marketing
- 7.4.2. Smart Label
- 7.4.3. Smart Payment System
- 7.4.4. Intelligent System
- 7.4.5. Others

Chapter 8. Global Smart Retail Market, Regional Analysis

8.1. Smart Retail Market, Regional Market Snapshot
8.2. North America Smart Retail Market
- 8.2.1. U.S. Smart Retail Market
  - 8.2.1.1. Solution breakdown estimates & forecasts, 2019-2029
  - 8.2.1.2. Application breakdown estimates & forecasts, 2019-2029
- 8.2.2. Canada Smart Retail Market
8.3. Europe Smart Retail Market Snapshot
- 8.3.1. U.K. Smart Retail Market
- 8.3.2. Germany Smart Retail Market
- 8.3.3. France Smart Retail Market
- 8.3.4. Spain Smart Retail Market
- 8.3.5. Italy Smart Retail Market
- 8.3.6. Rest of Europe Smart Retail Market
8.4. Asia-Pacific Smart Retail Market Snapshot
- 8.4.1. China Smart Retail Market
- 8.4.2. India Smart Retail Market
- 8.4.3. Japan Smart Retail Market
- 8.4.4. Australia Smart Retail Market
- 8.4.5. South Korea Smart Retail Market
- 8.4.6. Rest of Asia Pacific Smart Retail Market
8.5. Latin America Smart Retail Market Snapshot
- 8.5.1. Brazil Smart Retail Market
- 8.5.2. Mexico Smart Retail Market
- 8.5.3. Rest of Latin America Smart Retail Market
8.6. Rest of The World Smart Retail Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies
9.2. Company Profiles
- 9.2.1. Amazon.com, Inc.
  - 9.2.1.1. Key Information
  - 9.2.1.2. Overview
  - 9.2.1.3. Financial (Subject to Data Availability)
  - 9.2.1.4. Product Summary
  - 9.2.1.5. Recent Developments
- 9.2.2. NCR Corporation
- 9.2.3. PAX Global Technology Limited
- 9.2.4. Ingenico, Fiserv, Inc.
- 9.2.5. Google LLC
- 9.2.6. Honeywell International Inc.
- 9.2.7. Huawei Technologies Co., Ltd.
- 9.2.8. LG Display Co., Ltd.
- 9.2.9. Intel Corporation
- 9.2.10. Samsung Electronics

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Smart Retail Market, report scope
TABLE 2. Global Smart Retail Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Smart Retail Market estimates & forecasts by Solution 2019-2029 (USD Billion)
TABLE 4. Global Smart Retail Market estimates & forecasts by Application 2019-2029 (USD Billion)
TABLE 5. Global Smart Retail Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 6. Global Smart Retail Market by region, estimates & forecasts, 2019-2029 (USD Billion
TABLE 7. Global Smart Retail Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Smart Retail Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Smart Retail Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Smart Retail Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Smart Retail Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Smart Retail Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Smart Retail Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Smart Retail Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. U.S. Smart Retail Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Smart Retail Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 17. U.S. Smart Retail Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. Canada Smart Retail Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 19. Canada Smart Retail Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Smart Retail Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. UK Smart Retail Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 22. UK Smart Retail Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Smart Retail Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. Germany Smart Retail Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 25. Germany Smart Retail Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Smart Retail Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. France Smart Retail Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 28. France Smart Retail Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Smart Retail Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. Italy Smart Retail Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 31. Italy Smart Retail Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Smart Retail Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Spain Smart Retail Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 34. Spain Smart Retail Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Smart Retail Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. RoE Smart Retail Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 37. RoE Smart Retail Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Smart Retail Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. China Smart Retail Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 40. China Smart Retail Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Smart Retail Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. India Smart Retail Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 43. India Smart Retail Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Smart Retail Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. Japan Smart Retail Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 46. Japan Smart Retail Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Smart Retail Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. South Korea Smart Retail Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 49. South Korea Smart Retail Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Smart Retail Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. Australia Smart Retail Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 52. Australia Smart Retail Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Smart Retail Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. RoAPAC Smart Retail Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 55. RoAPAC Smart Retail Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Smart Retail Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. Brazil Smart Retail Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 58. Brazil Smart Retail Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Smart Retail Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Mexico Smart Retail Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 61. Mexico Smart Retail Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Smart Retail Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. RoLA Smart Retail Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 64. RoLA Smart Retail Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Smart Retail Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. Row Smart Retail Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 67. Row Smart Retail Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Smart Retail Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Smart Retail Market
TABLE 70. List of primary sources, used in the study of global Smart Retail Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Smart Retail Market, research methodology
FIG 2. Global Smart Retail Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Smart Retail Market, key trends 2021
FIG 5. Global Smart Retail Market, growth prospects 2022-2029
FIG 6. Global Smart Retail Market, porters 5 force model
FIG 7. Global Smart Retail Market, pest analysis
FIG 8. Global Smart Retail Market, value chain analysis
FIG 9. Global Smart Retail Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Smart Retail Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Smart Retail Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Smart Retail Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Smart Retail Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Smart Retail Market, regional snapshot 2019 & 2029
FIG 15. North America Smart Retail Market 2019 & 2029 (USD Billion)
FIG 16. Europe Smart Retail Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Smart Retail Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Smart Retail Market 2019 & 2029 (USD Billion)
FIG 19. Global Smart Retail Market, company Market share analysis (2021)