The global retail analytics market size was USD 6.36 Billion in 2022 and is expected to register a revenue CAGR of 21.2% during the forecast period, according to latest analysis by Emergen Research. Rapid digitalization to enhance customer experience and retail operations is a primary factor driving market revenue growth. Retail analytics could improve customer engagement and experience by providing services and products they require. Companies use retail analytics to gather huge amount of information from physical assets and storefronts in real-time, utilize sophisticated analytics to generate significant insight and improve choices. The digital revolution is transforming how things are organized, created, and delivered to customers.
The report is equipped with a vivid description of the current trends of the global Retail Analytics market. It holds an unbiased perspective of the leading market players, intense competition, the major regions/countries, end-use industries, and a broad continuum of products available in this market. Therefore, the market intelligence report offers a 360° view of the global Retail Analytics industry and provides significant information pertinent to the various growth-inducing and growth-restraining factors in detail.
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Key companies operating in the Retail Analytics market include:
Microsoft, Oracle, IBM, Oracle, Salesforce, Inc., SAP, Amazon Web Services, Inc., Microstrategy, Google, Capillary Technologies, and Retail Next, Inc
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Retail Analytics market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
- Comprehensive analysis of the competitive scenario and its changing dynamics
- Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
- In-depth 8-year analysis of the Global Retail Analytics Market
- Critical understanding of the key market segments
- Comprehensive analysis of the drivers, restraints, trends, and opportunities
- Detailed regional analysis and extensive company profiling
- Extensive assessment of current and emerging trends of the market
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Retail Analytics Market Segmentation:
Component Type Outlook (Revenue, USD Billion; 2019-2030)
- Solution
- Services
Application Type Outlook (Revenue, USD Billion; 2019-2030)
- Merchandising analysis
- Pricing analysis
- Customer analytics
- Promotional analysis planning
- Yield analysis
- Inventory analysis
- Others (order management, transportation management, assortment and cluster planning, and real-estate planning)
Organization Size Outlook (Revenue, USD Billion; 2019-2030)
- Large Enterprises
- Small and Medium-sized Enterprises (SMEs)
Retail Analytics Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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