Global Smart Retail System Market Research Report 2022

Smart retail refers to the hybridization between traditional shopping methods and modern “smart” technologies. Through the Internet of Things, data is accumulated by way of communication between implanted devices and computers. As a result, consumers may enjoy a more personalized, faster, and smarter experience. In this report, Smart Retail Systems are divided into hardware (smart shelf, electronic label, display, etc), software (POS cash register software, management system, etc) and services (communication services, training services, etc).
Industry Insights

The global Smart Retail System market size is projected to reach US$ 35110 million by 2028, from US$ 7383.7 million in 2021, at a CAGR of 24.3% during 2022-2028.

Global key players of smart retail system include Amazon, Alibaba, SES-imagotag, IBM Corporation, etc. Global top five manufacturers hold a share over 41%. In terms of product, service is the largest segment, with a share over 42%. And in terms of application, the largest application is supermarket, with a share over 63%

With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Smart Retail System market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Smart Retail System market in terms of revenue.

Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Smart Retail System market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Smart Retail System market.

Impact of Covid-19 Outbreak

This section of the report has explored the overall status of the Covid scenario and has offered valuable insights into the changes in supply chain disruption, fluctuations in demand, etc. The analysts have also focused on the key measures that the companies are opting to withstand the harsh scenario.

Segmental Analysis

The report has been segmented into product and application segments. The researchers have documented all the products present today in the Smart Retail System market. They have also shed light on the new product innovations and launches by the key players. In the segmental analysis, the analysts have provided revenue forecast figures based on type and application for the period 2017-2028. They have also discussed about the growth rate and potential of each segment for the period 2017-2028.

Smart Retail System Breakdown Data by Type

Hardware

Software

Service

Smart Retail System Breakdown Data by Application

Supermarket

Convenience Store

Others

Regional Analysis

North America

United States

Canada

Europe

Germany

France

UK

Italy

Russia

Nordic Countries

Rest of Europe

Asia-Pacific

China

Japan

South Korea

Southeast Asia

India

Australia

Rest of Asia

Latin America

Mexico

Brazil

Rest of Latin America

Middle East & Africa

Turkey

Saudi Arabia

UAE

Rest of MEA

Competitive Landscape

This segment focuses on the key players operating in the industry. It underlines all the current and future activities by the prominent manufacturers. By understanding various initiatives being taken up by different players, readers will gain the ability to settle on correct business choices. The authors of the report have provided accurate revenue figures of the companies for the period 2017-2022. The clients are sure to gain the upper hand once they get hold of this report. Key players studied in the research report include:

Amazon

Alibaba

SES-imagotag

IBM Corporation

Shinsegae I&C

Google

SOLUM ESL

Pricer

Intel Corporation

NEC Corporation

Cisco Systems

Wipro Technologies

Displaydata

Trax

Telit

Bossa Nova Robotics

Adastra Corporation

AWM

Frequently Asked Questions

What factors will challenge the Smart Retail System market growth?

Which end-use segment will expand at the fastest CAGR in the Smart Retail System market?

Which are the emerging players in the Smart Retail System market?

How concentrated is the Smart Retail System market?

Which factors are positively contributing to the Smart Retail System market growth?

Which are the novel product innovations in the Smart Retail System market?

Which product segment will emerge as the most lucrative in the Smart Retail System market?

Which factors are increasing the competition in the Smart Retail System market?

Which are the strategic measures taken by the Smart Retail System industry players?

Which region will witness inactive growth during the forecast period?

What key trends are likely to emerge in the Smart Retail System market in the coming years?