Retail Analytics Market: Insights and Trends for the Future

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Growing number of smartphones and increasing use of m-commerce are key factors driving retail analytics market revenue growth

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 market intelligence report delivers a profound study of the Retail Analytics business domain, discussing its principal aspects, such as the import export dynamics, production, consumption, sales channels, and consumer bases in the major regional segments. The latest research report expounds on the profound impact of the COVID-19 pandemic on the global Retail Analytics market and its crucial segments. The report thoroughly examines the vital market-influencing factors and considers the COVID-19 pandemic as a major contributing element to this business vertical’s potential downturn.

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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

For more informative information, please visit us @https://www.emergenresearch.com/industry-report/retail-analytics-market

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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About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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