Global Internet of Things (IoT) in Retail Market

was valued US$ 17.06 Bn in 2018, and is expected to reach US$ XX Bn in 2026, at CAGR of XX % during forecast period.

Deployment of Internet of Things (IoT) through retail sector is expected to boost innovation in stores, improves overall experience, and deliver offers and promotions based on browsing and purchase history.

 

The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.

 

Increasing penetration across applications like, digital signage, payment, and supply chain management is contributing in growth of industry. Ongoing evolutions in retail like, Omni channel shopping and rapid smartphone adoption rate are enabling retailers to create a brick-and-mortar shopping experience. Smart retailers are engaging with the right technology and making stores more interactive. Smartphones and tablets enabled with Bluetooth Low Energy (BLE) are used for product promotions, thereby encouraging social sharing. Software market in IoT in retail is expected to flourish in the coming years owing to the increasing usage of mobile applications. So the, companies are increasingly investing in managed IT services due to growing retail industry thereby propelling the market.

 

Increasing penetration of e-commerce platforms has forced traditional retailers to become capable of using connected technologies. Implementation of IoT in retail stores has allowed retailers to determine customers’ profiles and their buying history by coordinating with wearable devices. Production of connected devices and the adoption of collective standards are contributing to the growth of IoT-enabled capabilities across the retail industry.

 

European region contributed to global industry and started growing significantly in 2016. Increasing adoption of beacons in economies such as France and U.K. are contributing to regional growth. For instance, Les Terrasses du Port, a prominent shopping center in France, has deployed one of the largest networks of BLE beacons in the region, allowing retailers such as H&M and Zara to deliver promotional offers and information to customers’ smartphones. Moreover, regional beacon manufactures are providing content management systems used by retailers to deliver offers and mobile apps for enhancing their efficiency.

 

Key players operated in market include Omnitrol, Engage3, Snapbizz, Minodes, Plexure, Kontakt.Io, Softwear Automation, Kwikt, Bluefox.Io, Leantegra, Lti, Allerin, Microsoft, Intel, Softweb Solutions, Oracle Impinj Inc, Cognizant, Everythng, Sensegiz, Altiux Innovations, Techwave, Harman, Amazon, Happiest Minds, Honeywell, Alibaba Wallmart, Success Stories / Case Studies, Amazon, Ralph Lauren, Rebekaminkoff, Target.

 

For more information visit@ https://www.maximizemarketresearch.com/market-report/global-internet-things-iot-retail-market/10431/

 

 

• Professional Service

 

• Managed Service

 

 

• Device Management

 

• Application Management

 

• Network Management

 

 

• Hardware

 

• Software Networks

 

• Radio Frequency Identification

 

• Near Field Communication

 

• Wi-Fi

 

 

• Sensors Network

 

• RFID

 

• Connectivity Technology

 

 

• Digital Signage

 

• Supply Chain Management

 

• Payment

 

• Smart Shelf &Doors

 

 

• North America

 

• Asia-Pacific

 

• Europe

 

• Latin America

 

• Middle East & Africa

 

 

• Omnitrol

 

• Engage3

 

• Snapbizz

 

• Minodes

 

• Plexure

 

• Kontakt.Io

 

• Softwear Automation

 

• Kwikt

 

• Bluefox.Io

 

• Leantegra

 

• Lti

 

• Allerin

 

• Microsoft

 

• Intel

 

• Softweb Solutions

 

• Oracle Impinj Inc

 

• Cognizant

 

• Everythng

 

• Sensegiz

 

• Altiux Innovations

 

• Techwave

 

• Harman

 

• Amazon

 

• Happiest Minds

 

• Honeywell

 

• Alibaba Wallmart

 

• Success Stories

 

• Case Studies

 

• Amazon

 

• Ralph Lauren

 

• Rebekaminkoff

 

• Target.

 

This report submitted by Maximize market Research Company

 

 

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Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

 

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