Advanced Shopping Technology Market Report: Trends, Forecast and Competitive Analysis to 2030

Advanced Shopping Technology Trends and Forecast

The future of the global advanced shopping technology market looks promising with opportunities in the retail and commercial advertising markets. The global advanced shopping technology market is expected to grow with a CAGR of 12.2% from 2024 to 2030. The major drivers for this market are growing integration of advanced technology in the retail sector, increasing adoption of artificial intelligence and robots within retail establishments, and rising demand of smartphones and other mobile devices.

A more than 150-page report is developed to help in your business decisions.

Advanced Shopping Technology by Segment

The study includes a forecast for the global advanced shopping technology by product type, application, and region.

Advanced Shopping Technology Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:

• Beacons
• Virtual Reality
• Smart Shelves
• Retail Apps
• Social Media and Showrooming
• Others

Advanced Shopping Technology Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Retail
• Commercial Advertising
• Others

Advanced Shopping Technology Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Advanced Shopping Technology Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies advanced shopping technology companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the advanced shopping technology companies profiled in this report include-

• Google
• Walmart
• Amazon
• Toshiba
• Procter & Gamble Company

Advanced Shopping Technology Market Insights

Lucintel forecasts that beacons is expected to witness highest growth over the forecast period as it is convenient and efficient method for delivering tailored marketing messages to shopper.

Within this market, retail will remain the largest segment due to rising trend of embracing cutting-edge shopping technologies.

North America will remain the largest region over the forecast period due to early adoption of advanced shopping technology and presence of major players in the region.

Features of the Global Advanced Shopping Technology Market

Market Size Estimates: Advanced shopping technology market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Advanced shopping technology market size by product type, application, and region in terms of value ($B).

Regional Analysis: Advanced shopping technology market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different product types, applications, and regions for the advanced shopping technology market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the advanced shopping technology market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the growth forecast for advanced shopping technology market?

Answer: The global advanced shopping technology market is expected to grow with a CAGR of 12.2% from 2024 to 2030.

Q.2 What are the major drivers influencing the growth of the advanced shopping technology market?

Answer: The major drivers for this market are growing integration of advanced technology in the retail sector, increasing adoption of artificial intelligence and robots within retail establishments, and rising demand of smartphones and other mobile devices.

Q3. What are the major segments for advanced shopping technology market?

Answer: The future of the global advanced shopping technology market looks promising with opportunities in the retail and commercial advertising markets.

Q5. Who are the key advanced shopping technology market companies?

Answer: Some of the key advanced shopping technology companies are as follows.

• Google
• Walmart
• Amazon
• Toshiba
• Procter & Gamble Company

Q6. Which advanced shopping technology market segment will be the largest in future?

Answer: Lucintel forecasts that beacons is expected to witness highest growth over the forecast period as it is convenient and efficient method for delivering tailored marketing messages to shopper.

Q7. In advanced shopping technology market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to early adoption of advanced shopping technology and presence of major players in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the advanced shopping technology market by product type (beacons, virtual reality, smart shelves, retail apps, social media and showrooming, and others), application (retail, commercial advertising, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?