IoT (Internet of Things) in Retail Market Global Research and Analysis 2024 - PowerPoint PPT Presentation

About This Presentation

IoT (Internet of Things) in Retail Market Global Research and Analysis 2024


Software market in IoT is expected to flourish rapidly, due to increasing mobile applications usage. Niche players including Carriots and ThingWorx are developing platforms, which are expected to positively impact IoT in retail market growth. – PowerPoint PPT presentation

Number of Views:71


Transcript and Presenter's Notes

Title: IoT (Internet of Things) in Retail Market Global Research and Analysis 2024

Premium Insight of IoT (Internet of Things) in
Retail Market 2017-2024 Global Market
Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
Regional Analysis of IoT in Retail Market
  • North America dominates the IoT in retail market,
    owing to a high e-commerce market share and
    presence of organized retail sector in the
    regionIn the U.S., retailers are focused on
    improving supply chain performance by
    increasingly investing in technologies such as
    automated inventory verification.
  • The Asia Pacific IoT in retail market is
    projected to have a steady growth, owing to rapid
    technological advancements and fast developing
    e-commerce industry.
  • Innovators in the region such as China Unicorn
    and Jasper are capitalizing on increasing
    penetration of IoT to deliver mobile payment
    services and wireless POS in retail. The
    retailers in Asia Pacific IoT in retail market
    are implementing IoT to speed up checkout lines
    and enhance customer experience. For instance,
    Gain City, a Singapore-based electronics goods
    supplier uses virtual sales assistants, in
    combination with video analytics to modify its
    offerings based on customer preferences.

Application Analysis of IoT in Retail Market
  • IoT in retail market applications include digital
    signage, advertising marketing, energy
    optimization, supply chain management,
    intelligent payment solutions, smart vending
    machines, real time/streaming analysis, smart
    shelves smart doors, resource management, and
    safety security.

Competitive Market Share of IoT in Retail Market
  • Players operating in the IoT in retail market
    include IBM Corporation, Microsoft Corporation,
    Intel Corporation Inc., Cisco Systems Inc.,
    Accenture, PTC Inc., Broadcom, Zebra
    Technologies, Freescale, Texas Instrument, APM,
    Telit Wireless Solutions, Sierra Wireless, and
    Stream Technologies.
  • The IoT in retail market is highly fragment with
    small, niche players entering the industry with
    specialized products and innovative technologies.
    However, lack of funds or finance rely on bigger
    players for developing technology platforms.
    Partnerships collaborations are some strategies
    used by industry players to achieve growth and
    enter newer markets. New product launches are the
    strategies undertaken by retail giants. For
    instance, in 2013, Mondelez International
    launched smart shelves developed by Dell and
    Panasonic. This state-of-art technology was
    developed to track customer age, sex, and
    preference towards Oreo. In addition, Amazon Inc.
    introduced its Wi-Fi connected device, Dash
    Button, which lets customers record products of
    their choice by simply pushing a button.


Browse Full Market Research Report On IoT in
Retail Market _at_ http// Request
for an in-depth table of contents for this report
_at_ https//
Stay In Touch Website Soci
al Media
Write a Comment
User Comments (0)