The global retail analytics market size was USD 5.26 Billion in 2021 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.
The global Retail Analytics market report comprehensively studies the present growth prospects and challenges for the key regions of the Retail Analytics market. The report continues to evaluate the revenue shares of these regions over the forecast timeline. It further scrutinizes the year-on-year growth rate of these regions over the projected years. The report is further intended to help the readers gain vital insights into the global market, particularly the prevailing growth opportunities and competitive scenario.
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The leading market contenders listed in the report are:
Microsoft, Oracle, IBM, Oracle, Salesforce, Inc., SAP, Amazon Web Services, Inc., Microstrategy, Google, Capillary Technologies, and Retail Next, Inc
Key reasons to buy the Global Retail Analytics Market report:
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The latest report comprehensively studies the global Retail Analytics market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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Market Segmentations of the Retail Analytics Market
-
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)
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Regional Outlook of the Retail Analytics Market
The global Retail Analytics market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Retail Analytics market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
The research provides answers to the following key questions:
- What will be the growth rate of the Retail Analytics market for the forecast period, 2020 to 2030? What will be the market size and the share occupied by the prominent vendors by the estimated period?
- What are challenges and threats faced by the prominent vendors operating in the Retail Analytics market?
- Who are the prominent vendors and what has been their business strategy so far to maintain a competitive edge over their competitors?
- What are the past, present and emerging trends likely to influence the growth rate of the Retail Analytics market for the forecast period, 2022 to 2030?
- What are the opportunities prominent vendors can bank on to generate more profits during the estimated period?
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