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Smart Retail Devices Market Forecast to 2030 - COVID-19 Impact and Analysis by Technology (Digital Signage, Smart Labels, Smart Payments, Smart Carts and Others); Application (Predictive Equipment Maintenance, Inventory Management, Smart Fitting Room, Foot Traffic Monitoring and Others ); and Geography

  • Industry : Semiconductor & Electronics
  • No. of Pages : 185
  • Report Code : YVSE10502

Smart Retail Devices Market Introduction

In the era of online shopping where companies give very competitive options to end consumer retail local market is still a choice to many people. Due to the pandemic and problems in logistics problems for delivering products have been faced by online sellers. Retail stores are focusing on using new technologies such as cloud, mobile, RFID, beacons, and others, to provide connected retail services and a better shopping experience to customers. Supporting infrastructure development of communication networks and IoT technology is increasing the smart retail devices market. Increasing use of smartphones, kiosks, and cloud platforms with supporting infrastructural growth has transformed the retail industry. The advent of AI, 5G,IoT, and other advanced technology has increased the growth of smart retail stores in developed as well as developing nations. The mounting penetration of wireless technologies to mobile printers and the emerging application of barcode and RFID scanners across several retail stores are the key driving factors for the growth of the smart retail devices market.

Smart Retail Devices Market Overview

The Smart Retail Devices market provides an in-depth analysis of segments and sub-segments, region, and country analysis of the overall growth prospects in the market. The report offers a complete overview of the industry, including both qualitative and quantitative information. The smart retail devices report covers a complete analysis and provides market size and forecast estimation from the year 2017 to 2030 based on various segments and sub-segments with respect to four major regions, including North America, Europe, Asia-Pacific (APAC), Latin America & Middle East and Africa (LAMEA). The research report highlights underlying factors such as the drivers, restraints, opportunities, and trends of the Smart Retail Devices market over the long as well as short period of time. Furthermore, the Smart Retail Devices market report offers PEST analysis, NOISE analysis, improvement Venn diagram, brand recall, perceptual mapping, ecosystem/value chain analysis, Porter’s five forces analysis, and investment pocket analysis with respect to the market. By examining the data collected from primary and secondary methods, the report offers actionable insights into future growth based on inputs from industry experts to help readers formulate effective strategies. This information can help stakeholders to make appropriate decisions before investing.Smart Retail Devices Market-Global Analysis and Forecast to 2030

Smart Retail Devices market Insights

The market study offers a complete overview of leading companies and their successful marketing strategies and market contribution, such as business overview, financial information, SWOT analysis, and key strategies, such as recent developments, market expansion, partnership, merger & acquisitions, product launch, product update, and other contexts. Players operating in the Smart Retail Devices market mainly focus on the adoption of various strategies to expand their footprint across the world and take the initiative for the development of innovative, efficient, and advanced products.

Market Mapping

Market mapping or perceptual mapping is the graphical representation of where a brand, product, or service stands among competitors. Market mapping analysis helps to understand the client how their customers perceive their product offering with their competitors for the smart retail devices. By identifying their current products and competitor products on the market map, the business can fill an identified gap to compete with the competition actively. Smart Retail Devices Market-Global Analysis and Forecast to 2030

COVID-19 Impact on Smart Retail Devices market

The COVID-19 pandemic has largely impacted globally since December 2019. According to the World Health Organization (WHO) report, the US, India, Russia, Brazil, Italy, France, Argentina, Spain, Colombia, the UK, Germany, and Mexico are some of the worst affected countries due to the COVID-19. The pandemic is hampering the growth of economies worldwide, and it is likely to continue in 2021. The outbreak disrupts various industries, such as manufacturing, construction, automotive, textiles, chemicals, cosmetics, tourism, hospitality, consumer goods, transportation, IT and telecom, pharmaceutical, and among others. This results in several obstacles in the supply chain, resulting in demand-supply gaps. This scenario is expected to have a large impact on the Smart Retail Devices market.

With Corona Virus Disease 2019 (COVID-19) pandemic, the world is fighting against Covid-19 pandemic and also economic pandemic, almost impacting trillions of dollars of revenues. Our company brings a high-level insight as well as very deep insights relevant to several promising markets. The study will cover:

·        Rapid shifts in top 100 companies across each sector

·        Growth and decline in each sector due to the COVID-19 pandemic

Smart Retail Devices market Segmentation

 Smart Retail Devices Market-Global Analysis and Forecast to 2030

Smart Retail Devices market – by Technology

·        Digital Signage

·        Smart Labels

·        Smart Payments

·        Smart Carts

·        Others

Smart Retail Devices market – by Application

·        Predictive Equipment Maintenance

·        Inventory Management

·        Smart Fitting Room

·        Foot Traffic Monitoring

·        Others

Smart Retail Devices market – by Geography

·        North America

o   US

o   Canada

o   Mexico

·        Europe

o   Germany

o   France

o   Italy

o   UK

o   Russia

o   Spain

o   Netherlands

o   Rest of Europe

·        Asia-Pacific (APAC)

o   China

o   India

o   South Korea

o   Japan

o   Australia

o   Singapore

o   Rest of APAC

·        LAMEA

o   Latin America

o   Middle East

o   Africa

Key Players

1.        Amazon

2.      Cisco Systems

3.      Google inc

4.      Huawei Investment and Holding,

5.       IBM

6.      Intel

7.      LG Electronics

8.      Microsoft corp.

9.      NVIDIA corporation

10.   NXP semiconductors

11.   PAX global technology

12.   Samsung Electronics

13.   Softbank Robotics

14.   Texas Instrument


Brand Recall

Brand awareness is the methodology by which customers are able to recall or recognize a brand (unaided/aided) under several different conditions with respect to the market. These strategies will help the company make people more aware of your brand, especially by targeting relevant, high-quality audiences for the smart retail devices.

Smart Retail Devices Market-Global Analysis and Forecast to 2030

Key Questions Answered

·        Which region provides more business opportunities for the Smart Retail Devices market in the upcoming years?

·        Who is the leading overall smart retail devices, and what strategies have been adopted by them?

·        Which segment accounted for the largest smart retail devices share?

·        What are the upcoming trends in the Smart Retail Devices market? What impact would these trends make in the coming years for the smart retail devices?

·        Which player offering the best product range for the Smart Retail Devices market?

Key Benefits for Stakeholders

·        This study presents the analytical description of the smart retail devices analysis along with the current trends and future estimations to describe coming up investment pockets

·        The complete smart retail devices opportunity is resolute by knowing profitable trends to gain a stronger foothold

·        The report describes insights associated with key drivers, restraints, opportunities, and trends of the Smart Retail Devices market with thorough impact analysis

·        The Smart Retail Devices market is quantitatively analyzed from 2017 to 2030 to focus on the monetary ability

·        PEST analysis defines the potency of the consumers and suppliers in the Smart Retail Devices market

·        Porter’s five forces analysis examines the five forces that make a competitive company while identifying its strength and weakness. The analysis will also identify competition, new entrants in the market, supplier power, buyer power, and threat of substitute products and services in the Smart Retail Devices market

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