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 report assesses the profound changes in this business setting caused by the outbreak and considers the prominent market aspects that have been severely disrupted by the pandemic. The report thus expounds on the rapidly changing market scenario in this COVID-19 era, which aims to help businesses involved in this sector overcome the pandemic’s gripping effects and formulate new growth strategies to boost the COVID-19 preparedness.
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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:
- 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
- Comprehensive analysis of the competitive scenario and its changing dynamics
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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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