Iot In Retail Market
PUBLISHED: 2019 ID: SMRC18094
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Iot In Retail Market

Internet of Things (IoT) In Retail - Global Market Outlook (2017-2026)

4.6 (50 reviews)
4.6 (50 reviews)
Published: 2019 ID: SMRC18094

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global IoT in Retail Market is accounted for $21, 235.98 million in 2017 and is expected to reach $101,000.20 million by 2026 growing at a CAGR of 18.9% during the forecast period. Some of the key factors influencing the market growth include demand for improved flexibility, increasing adoption of smartphones and deteriorating cost of machinery. However, need of general standards are restricting the market growth.

Internet of Things helps in linking various smart devices to ease the process and sharing of data amongst peers. There are various devices such as sensors, smartphones, and wearable’s, which gather data from the devices that can be utilized to improve customer’s experience.

Among Application, Offshore segment is expected to grow at the significant market share during the forecast period. This can be accredited to the rising focus to significantly reduce the in-house IT costs, allowing interior IT staffs to focus more on the core competencies. In order to get rid of the possibility of data safety threats, managed service providers are extremely investing in data security & safety.

By Geography, Asia Pacific was the leading market and is expected to grow at the considerable market share during the forecast period high savings in the IoT infrastructure. Countries such as China & India coupled with the increasing disposable income. Rising usage of smart devices followed by the initial e-commerce industry will drive the IoT in retail market in the region are expected to drive market growth over the forecast period.

Some of the key players profiled in the IoT in Retail Market includeApple, General Electric, Google, Hewlett Packard Enterprise Company, Hitachi, Honeywell, Huawei, IBM, Intel, Microsoft, NEC, Oracle, Rockwell Automation, Salesforce, Samsung, SAP AG, Siemens, Texas Instruments Inc., Verizon and Zebra Technologies.

Services Covered:
• Managed Services
• Professional Services

Functional Areas Covered:
• Supply Chain Management
• Smart Vending Machine
• Smart Shelf & Smart Doors
• Safety & Security
• Resource Management
• Real-Time/ Streaming Analytics
• Intelligent Payment Solution
• Energy Optimization
• Digital Signage
• Advertising & Marketing
• Other Functional Areas

Solutions Covered:
• Software
• Hardware

Platforms Covered:
• Application Management
• Device Management
• Network Management

Technologies Covered:
• Bluetooth Low Energy
• Connectivity Technology
• Near Field Communication
• Wi-fi
• ZigBee
• Other Technologies

Applications Covered:
• Augmented Reality Apps
• Beacon Alerts
• Customer Relationship Management
• Interactive Mirrors
• Managed Services
• Professional Services
• Remote Device Management
• Retail Workshop Management Tools
• Robot Guides
• Shopper Mapping
• Smart Shelves Embedded with Sensors
• Smart Signage
• Other Applications
 
Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan       
    • China       
    • India       
    • Australia 
    • New Zealand     
    • South Korea      
    • Rest of Asia Pacific   
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
    o Comprehensive profiling of additional market players (up to 3)
    o SWOT Analysis of key players (up to 3)
• Regional Segmentation
    o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
    o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary     
       
2 Preface      
 2.1 Abstract     
 2.2 Stake Holders    
 2.3 Research Scope    
 2.4 Research Methodology   
  2.4.1 Data Mining   
  2.4.2 Data Analysis   
  2.4.3 Data Validation   
  2.4.4 Research Approach   
 2.5 Research Sources    
  2.5.1 Primary Research Sources  
  2.5.2 Secondary Research Sources  
  2.5.3 Assumptions   
       
3 Market Trend Analysis    
 3.1 Introduction    
 3.2 Drivers     
 3.3 Restraints    
 3.4 Opportunities    
 3.5 Threats     
 3.6 Technology Analysis   
 3.7 Application Analysis   
 3.8 Emerging Markets    
 3.9 Futuristic Market Scenario   
       
4 Porters Five Force Analysis    
 4.1 Bargaining power of suppliers   
 4.2 Bargaining power of buyers   
 4.3 Threat of substitutes   
 4.4 Threat of new entrants   
 4.5 Competitive rivalry    
       
5 Global  IoT In Retail Market, By Service   
 5.1 Introduction    
 5.2 Managed Services    
 5.3 Professional Services   
       
6 Global  IoT In Retail Market, By Functional Area  
 6.1 Introduction    
 6.2 Supply Chain Management   
 6.3 Smart Vending Machine    
 6.4 Smart Shelf & Smart Doors    
 6.5 Safety & Security     
 6.6 Resource Management    
 6.7 Real-Time/ Streaming Analytics   
 6.8 Intelligent Payment Solution    
 6.9 Energy Optimization    
 6.10 Digital Signage     
 6.11 Advertising & Marketing    
 6.12 Other Functional Areas   
       
7 Global  IoT In Retail Market, By Solution   
 7.1 Introduction    
 7.2 Software     
  7.2.1 Remote monitoring   
  7.2.2 Data management   
  7.2.3 Bandwidth management  
  7.2.4 Other Softwares   
 7.3 Hardware    
  7.3.1 Wearables   
  7.3.2 Sensors    
  7.3.3 Radio-Frequency Identification (RFID) tags
  7.3.4 Beacons    
       
8 Global  IoT In Retail Market, By Platform   
 8.1 Introduction    
 8.2 Application Management    
 8.3 Device Management   
 8.4 Network Management   
       
9 Global  IoT In Retail Market, By Technology  
 9.1 Introduction    
 9.2 Bluetooth Low Energy   
 9.3 Connectivity Technology   
 9.4 Near Field Communication   
 9.5 Wi-fi     
 9.6 ZigBee     
 9.7 Other Technologies    
       
10 Global  IoT In Retail Market, By Application  
 10.1 Introduction    
 10.2 Augmented Reality Apps   
 10.3 Beacon Alerts    
 10.4 Customer Relationship Management  
 10.5 Interactive Mirrors     
 10.6 Managed Services    
 10.7 Professional Services   
 10.8 Remote Device Management   
 10.9 Retail Workshop Management Tools  
 10.10 Robot Guides    
 10.11 Shopper Mapping    
 10.12 Smart Shelves Embedded with Sensors  
 10.13 Smart Signage    
 10.14 Other Applications    
       
11 Global  IoT In Retail Market, By Geography  
 11.1 Introduction    
 11.2 North America    
  11.2.1 US    
  11.2.2 Canada    
  11.2.3 Mexico    
 11.3 Europe     
  11.3.1 Germany    
  11.3.2 UK    
  11.3.3 Italy    
  11.3.4 France    
  11.3.5 Spain    
  11.3.6 Rest of Europe   
 11.4 Asia Pacific    
  11.4.1 Japan    
  11.4.2 China    
  11.4.3 India    
  11.4.4 Australia    
  11.4.5 New Zealand   
  11.4.6 South Korea   
  11.4.7 Rest of Asia Pacific   
 11.5 South America    
  11.5.1 Argentina   
  11.5.2 Brazil    
  11.5.3 Chile    
  11.5.4 Rest of South America  
 11.6 Middle East & Africa   
  11.6.1 Saudi Arabia   
  11.6.2 UAE    
  11.6.3 Qatar    
  11.6.4 South Africa   
  11.6.5 Rest of Middle East & Africa  
       
12 Key Developments     
 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
 12.2 Acquisitions & Mergers   
 12.3 New Product Launch   
 12.4 Expansions    
 12.5 Other Key Strategies   
       
13 Company Profiling     
 13.1 Apple     
 13.2 General Electric    
 13.3 Google     
 13.4 Hewlett Packard Enterprise Company  
 13.5 Hitachi     
 13.6 Honeywell    
 13.7 Huawei     
 13.8 IBM     
 13.9 Intel      
 13.10 Microsoft     
 13.11 NEC     
 13.12 Oracle     
 13.13 Rockwell Automation   
 13.14 Salesforce    
 13.15 Samsung     
 13.16 SAP AG     
 13.17 Siemens     
 13.18 Texas Instruments Inc.   
 13.19 Verizon     
 13.20 Zebra Technologies    


List of Tables      
1 Global  IoT In Retail Market Outlook, By Region (2016-2026) (US $MN) 
2 Global  IoT In Retail Market Outlook, By Service (2016-2026) (US $MN) 
3 Global  IoT In Retail Market Outlook, By Managed Services (2016-2026) (US $MN)
4 Global  IoT In Retail Market Outlook, By Professional Services (2016-2026) (US $MN)
5 Global  IoT In Retail Market Outlook, By Functional Area (2016-2026) (US $MN)
6 Global  IoT In Retail Market Outlook, By Supply Chain Management (2016-2026) (US $MN)
7 Global  IoT In Retail Market Outlook, By Smart Vending Machine (2016-2026) (US $MN)
8 Global  IoT In Retail Market Outlook, By Smart Shelf & Smart Doors (2016-2026) (US $MN)
9 Global  IoT In Retail Market Outlook, By Safety & Security (2016-2026) (US $MN)
10 Global  IoT In Retail Market Outlook, By Resource Management (2016-2026) (US $MN)
11 Global  IoT In Retail Market Outlook, By Real-Time/ Streaming Analytics (2016-2026) (US $MN)
12 Global  IoT In Retail Market Outlook, By Intelligent Payment Solution (2016-2026) (US $MN)
13 Global  IoT In Retail Market Outlook, By Energy Optimization (2016-2026) (US $MN)
14 Global  IoT In Retail Market Outlook, By Digital Signage (2016-2026) (US $MN)
15 Global  IoT In Retail Market Outlook, By Advertising & Marketing (2016-2026) (US $MN)
16 Global  IoT In Retail Market Outlook, By Other Functional Areas (2016-2026) (US $MN)
17 Global  IoT In Retail Market Outlook, By Solution (2016-2026) (US $MN) 
18 Global  IoT In Retail Market Outlook, By Software (2016-2026) (US $MN) 
19 Global  IoT In Retail Market Outlook, By Remote monitoring (2016-2026) (US $MN)
20 Global  IoT In Retail Market Outlook, By Data management (2016-2026) (US $MN)
21 Global  IoT In Retail Market Outlook, By Bandwidth management (2016-2026) (US $MN)
22 Global  IoT In Retail Market Outlook, By Other Softwares (2016-2026) (US $MN)
23 Global  IoT In Retail Market Outlook, By Hardware (2016-2026) (US $MN) 
24 Global  IoT In Retail Market Outlook, By Wearables (2016-2026) (US $MN)
25 Global  IoT In Retail Market Outlook, By Sensors (2016-2026) (US $MN) 
26 Global  IoT In Retail Market Outlook, By Radio-Frequency Identification (RFID) tags (2016-2026) (US $MN)
27 Global  IoT In Retail Market Outlook, By Beacons (2016-2026) (US $MN) 
28 Global  IoT In Retail Market Outlook, By Platform (2016-2026) (US $MN) 
29 Global  IoT In Retail Market Outlook, By Application Management (2016-2026) (US $MN)
30 Global  IoT In Retail Market Outlook, By Device Management (2016-2026) (US $MN)
31 Global  IoT In Retail Market Outlook, By Network Management (2016-2026) (US $MN)
32 Global  IoT In Retail Market Outlook, By Technology (2016-2026) (US $MN)
33 Global  IoT In Retail Market Outlook, By Bluetooth Low Energy (2016-2026) (US $MN)
34 Global  IoT In Retail Market Outlook, By Connectivity Technology (2016-2026) (US $MN)
35 Global  IoT In Retail Market Outlook, By Near Field Communication (2016-2026) (US $MN)
36 Global  IoT In Retail Market Outlook, By Wi-fi (2016-2026) (US $MN) 
37 Global  IoT In Retail Market Outlook, By ZigBee (2016-2026) (US $MN) 
38 Global  IoT In Retail Market Outlook, By Other Technologies (2016-2026) (US $MN)
39 Global  IoT In Retail Market Outlook, By Application (2016-2026) (US $MN)
40 Global  IoT In Retail Market Outlook, By Augmented Reality Apps (2016-2026) (US $MN)
41 Global  IoT In Retail Market Outlook, By Beacon Alerts (2016-2026) (US $MN)
42 Global  IoT In Retail Market Outlook, By Customer Relationship Management (2016-2026) (US $MN)
43 Global  IoT In Retail Market Outlook, By Interactive Mirrors (2016-2026) (US $MN)
44 Global  IoT In Retail Market Outlook, By Managed Services (2016-2026) (US $MN)
45 Global  IoT In Retail Market Outlook, By Professional Services (2016-2026) (US $MN)
46 Global  IoT In Retail Market Outlook, By Remote Device Management (2016-2026) (US $MN)
47 Global  IoT In Retail Market Outlook, By Retail Workshop Management Tools (2016-2026) (US $MN)
48 Global  IoT In Retail Market Outlook, By Robot Guides (2016-2026) (US $MN)
49 Global  IoT In Retail Market Outlook, By Shopper Mapping (2016-2026) (US $MN)
50 Global  IoT In Retail Market Outlook, By Smart Shelves Embedded with Sensors (2016-2026) (US $MN)
51 Global  IoT In Retail Market Outlook, By Smart Signage (2016-2026) (US $MN)
52 Global  IoT In Retail Market Outlook, By Other Applications (2016-2026) (US $MN)
       
NOTE:  Tables for North America, Europe, Asia Pacific, South America and, Middle East & Africa are represented in the same manner above.    

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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