Retail Analytics Market Report 2020 Size, Growing Demand, Trends, Key Players, Distribution, Business Developments, Technologies, Challenges, Key Industry Opportunities & Forecast 2025

The retail analytics market report provides latest insights about the market’s drivers, restraints, opportunities, trends, growth and also covering the current covid-19 impact on the market. The global retail analytics market size is expected to surpass USD 16 billion by 2025.

Dallas, United States - October 27, 2020 /MarketersMedia/

Corporate M&A to Remain Significant Growth Strategies for Leading Market Participants in Retail Analytics

To cash on the burgeoning preferences for hyper personalization, retail sector is fast embracing new technological tools to identify popular customer behavior, understanding and impact on buying tendencies. Consumer preferences for hyper personalization are key to ensure large scale growth, investments, and ROI in retail analytics. These market highlights are in sync with Adroit Market Research's recent research offering compiled in its burgeoning online data archive.

Product placement at the right time to the right set of potential customers remains crucial in influencing retail growth and revenue generation, which are elaborately leveraged by retail analytics tools. One of the most prominent applications of retail analytics is amongst e-commerce channels who use retail analytics tools to track various information from diverse data pools.

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RetailNext and Yoobic Collaborate to Offer In-store Retail Analytics Solutions

Companies are increasingly fortifying their hold in retails analytics market as with novel service solutions. Corporate collaborations and M&A activities are likely to remain top growth strategies in the coming years. In this line, RetailNext a significant market participant in retail analytics space, best known for its smart store retail analytics services has announced about a new corporate partnership with YOOBIC to offer future ready retail analytics offerings for retailers by offering them with ample data driven decision making for improved ROI.

RetailNext and Yoobik collaboration will be enabled with in-time notifications to offer real time insights on various performance indicators. On similar lines, Fujitsu made fresh announcements in retail analytics and has also elaborated on some of the top mega trends that are leveraging data analytics in retail practices. With online and offline retail channels harnessing the benefits of digital transformation, adoption of apt retail analytics practices are poised to remain at the peak in the coming years.

The major players of the global retail analytics market are: Fujitsu, SAS, Microsoft, Oracle, SAP, Teradata, Microstrategy, IBM, RetailNext, and Altair Engineering. Moreover, the other potential players in the retail analytics market are QBurst, FLIR Systems, BRIDGEi2i, Qlik Technologies, Diaspark.

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Key Segments of the Global Retail Analytics Market

Type Overview, 2018-2025 (USD Billion)
• Software
• Services

Application Overview, 2018-2025 (USD Billion)
• Merchandising
• Marketing
• Supply Chain
• Store Operations
• Strategy & Planning
• Others

Solutions Overview, 2018-2025 (USD Billion)
• In-Store transformation
• Omnichannel retail transformation
• Insights & Marketing automation
• Security & Infrastructure transformation
• Others

Regional Overview, 2018-2025 (USD Billion)
• North America (U.S., Canada)
• Europe (UK, Germany, France, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of Asia-Pacific)
• Middle East and Africa (UAE, South Africa, Rest of MEA)
• Central & South America (Brazil, South America)

Some Major Points from Table of Content (TOC):

Chapter 1 Introduction
Chapter 2 Research Methodology
Chapter 3 Executive Summary
Chapter 4 Market Outlook
Chapter 5 Retail analytics market by Type
Chapter 6 Retail analytics market by Application
Chapter 7 Retail analytics market by Solutions
Chapter 8 Retail analytics market By Region
Chapter 9 Competitive Landscape
Chapter 10 Company Profiles

Who should buy this report?

• This study is suitable for industry participants and stakeholders in the global retail analytics market. The report will benefit:
• Every stakeholder involved in the retail analytics market.
• Managers within the retail industry looking to publish recent and forecasted statistics about the global retail analytics market.
• Government organizations, regulatory authorities, policymakers, and organizations looking for investments in trends of global retail analytics market.
• Analysts, researchers, educators, strategy managers, and academic institutions looking for insights into the market to determine future strategies.

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About Us:
Adroit Market Research s an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market's size, key trends, participants and future outlook of an industry. We intend to become our clients' knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code - Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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Name: Ryan Johnson
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Organization: Adroit Market Research
Address: 3131 McKinney Ave Ste 600 Dallas, TX 75204, U.S.A

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Source: MarketersMedia

Release ID: 88982810

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