Pune, Aug. 29, 2019 (GLOBE NEWSWIRE) -- The global Retail Analytics Market is likely to gain impetus from an urgent need to provide enhanced customer service analytics as well as to make orderly decisions regarding businesses. According to a published report by Fortune Business Insights, titled, “Retail Analytics Market Size, Share and Global Trend By Type (Software, Services), By Deployment (On-Premises, Cloud), By Organization Size (SMEs, Large Enterprises), By Function (Customer Management, Supply Chain, Merchandising, In-Store Operations, and Strategy & Planning) and Geography Forecast till 2026,” the global market is projected to reach US$ 13,299.6 Mn by 2026, thereby exhibiting a CAGR of 19.3% during the forecast period (2019 – 2026). However, the global Retail Analytics Market was valued at US$ 3,494.6 Mn in 2018.
Browse Complete Report Details with Table of Content and Figures:
https://www.fortunebusinessinsights.com/industry-reports/retail-analytics-market-101273
Increasing Adoption of Smartphones and Internet Usage to Favor growth in Asia Pacific
The global Retail Analytics Market is geographically segmented into Asia Pacific, the Middle East and Africa, Europe, Latin America, and North America. Amongst these regions, North America was in the leading position in the global Retail Analytics Market in 2018 by generating US$ 1280.6 Mn in terms of revenue. Fortune Business Insights predicts that the region will retain its position in the coming years. The growth is attributed to the increasing adoption of e-commerce services by numerous companies in and around the region. Furthermore, there has been a rise in the number of retail chains, growing demand for price enhancement, and increasing adoption of omnichannel business models. All these factors will contribute to market growth in North America during the forecast period.
Asia Pacific, on the other hand, is anticipated to exhibit notable Retail Analytics Market growth in the forthcoming years. It would occur because of the increasing usage of smartphones, which has further given rise to the deployment of Internet services across the region. Retailers from Japan, China, India, and the other countries in Asia Pacific have begun focusing their interest in applying retail analytics for withstanding the huge market competition as well as for offering the customers various novelty services. This is likely to propel the Retail Analytics Market in this region.
FLIR Systems Launches People Counting Sensors to Filter Employees from Shoppers
FLIR Systems, an U.S.-based company specializing in the design and production of imaging sensors, components, and thermal imaging cameras, unveiled its latest Brickstream 3D Gen 2 people counting sensor in July 2019. The device offers an advanced employee filtering feature that aids in providing shopping and retail businesses with accurate sales conversion metrics and customer traffic data. The feature further utilizes a combination of employee-worn tags and Bluetooth Low Energy (BLE) technology to instantly identify staff from customer counts and eliminate them. The device can be installed above store entrances where staff, such as security guards and greeters, are located. The company declared that this device would aid in filtering employees efficiently which would mainly help the elite retailers where foot traffic is low as compared to other stores.
Sample PDF https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/retail-analytics-market-101273
HCL Technologies, a multinational information technology service and consulting company, based in Noida, announced in March 2019 that it has launched HCL ADvantage Experience. The platform operates with Adobe Experience Cloud and allows the organizations to measure, personalize, and create consumer experience by using various touchpoints in a consumer’s journey. The platform also offers marketers with digital libraries and stores to launch products quickly. It can merge data from diverse legacy marketing systems. Apart from these two organizations, other prominent market players are also indulging in innovative product launches to sustain in the global Retail Analytics Market.
Fortune Business Insights has profiled some of the major market players operating in the global Retail Analytics Market. They are IBM, Wipro Limited, Adobe Systems Incorporated, FLIR Systems, Inc., Fractal Analytics, Inc., HCL, Microsoft Corporation, Oracle Corporation, Tableau Software, Inc., SAS Institute, Salesforce.com, Inc., Qlik Technologies, Inc., and other key market players.
Some of The Key Companies Profiled in the Report
- FLIR Systems, Inc.
- HCL Technologies Limited
- IBM
- Oracle
- SAS Institute Inc.
- Qlik
- Fractal Analytics, Inc.
- Wipro Limited
- com, Inc.
- Tableau Software.
- Microsoft
- Adobe
Speak to Analyst: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/retail-analytics-market-101273
Table of Content:
- Introduction
- Definition, By Segment
- Research Approach
- Sources
- Executive Summary
- Market Dynamics
- Drivers, Restraints and Opportunities
- Emerging Trends
- Industrial Use cases
- Use Case #1
- Use Case #2
- Use Case #3
- Key Insights
- Macro and Micro Economic Indicators
- Consolidated SWOT Analysis of Key Players
- Global Retail Analytics Market Analysis, Insights and Forecast, 2015-2026
- Key Findings / Summary
- Market Size Estimates and Forecasts
- By Type (Value)
- Software
- Services
- Professional Services
- Implementation and Consulting Services
- Training and Support
- Managed Services
- Professional Services
- By Deployment Type (Value)
- Cloud
- On-Premise
- By Organization Size (Value)
- SMEs
- Large Enterprises
- By Function (Value)
- Customer management
- Supply chain
- Merchandising
- In-store operations
- Strategy & planning
- By Geography (Value)
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
- By Type (Value)
- Competitive Analysis
- Strategic Recommendations
Request for Customization: https://www.fortunebusinessinsights.com/enquiry/customization/retail-analytics-market-101273
Browse Related Reports:
- Video Analytics Market Size, Share and Global Trend by Component (Solutions, Services), By Application (Crowd Management, Facial Recognition, Intrusion Detection, License Plate Recognition, Motion Detection, and Others), End-User (BFSI, City Surveillance, Critical Infrastructure, Education, Government, Retail, Transportation, and Others) and Geography Forecast till 2026
- Identity and Access Management Market Size, Share and Global Trend by Component (Provisioning, Directory Services, Single Sign-On, Others), By Deployment Model (Cloud, On-Premises), By Enterprise Size (Large Enterprises, Small and Medium Enterprises), By Industry Vertical (BFSI, IT and Telecom, Retail and Consumer Packed Goods, Others) And Geography Forecast till 2026
- Contact Center Software Market Size, Share and Global Trend by Component (Solutions & Services), By Organization Size (Large & Small & Medium Enterprises (SMEs)), By Deployment (Cloud & On-Premises), By Vertical (Banking, Financial Services, and Insurance, IT and Telecom, Government, and others), and Geography Forecast till 2026
- High Availability Server Market Size, Share and Global Trend by Product Type (Consoles & Accessories), By End User (Commercial & Residential) and Geography Forecast till 2025
- Fraud Detection and Prevention Market Size, Share and Global Trend By Deployment (Cloud & On premises), By Service Type (Fraud Analytics & Authentication), By Industry Vertical (IT and Telecommunication, Retail, Consumer Electronics, Manufacturing, Automotive, Transportation and Logistics, Energy and Utilities) and Geography Forecast till 2026
About us:
Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
Contact us:
Fortune Business Insights Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
US :+1-424-253-0390
UK :+44-2071-939123
APAC :+91-744-740-1245
Email: sales@fortunebusinessinsights.com
Website: https://www.fortunebusinessinsights.com