Report

Asia Connected Retail Solutions Market (2018-2023)

  • Publish Date: May,2022
  • Report ID: QI042
  • Page : 120
  • Report Type : PDF (Email)
The Asia connected retail solutions market is expected to expand at a CAGR of 25.2% during the 2018-2023 period, owing to the rapid adoption of the Internet of Things (IoT), and the huge surge in online shopping.
Based on application segment insights:
Growing investments to digitize the supply chain process, adoption of omnichannel strategies to integrate both online and offline customer experience, and technological innovations such as IoT, AI, Big Data and blockchain will drive profitability of the market. The supply chain management (SCM) segment will drive a high CAGR (33.1%) during the forecast period. Close on its heels will be the Business Analytics/Business Intelligence segment, anticipated to expand at a CAGR of 25%.
Based on country insights:
In 2018, China represented the largest market share, accounting for 66% of Asias connected retail solutions market revenue. Chinas mega corporations, Alibaba and Tencent, have heralded the era of digital retail by forging partnerships and pursuing acquisitions and organic business creation strategies to introduce a shared retail ecosystem for customers. However, India is anticipated to expand at the highest CAGR during the forecast period owing to its huge smartphone penetration and the presence of diversified digital payment modes.
Companies covered:
Cisco Systems
Intel
IBM
Microsoft
Samsung Electronics

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys & Opportunity Outlook
Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook