Global Connected Retail Solutions Market (2018-2023)

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Global Connected Retail Solutions Market (2018-2023) Bharat Book Bureau Provides the Trending Market Research Report on “Global Connected Retail Solutions Market (2018-2023)” under Business Services category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports. Global Connected Retail Solutions Market is predicted to expand at a CAGR of 19.5% and will be valued at USD 65.3 Bn by 2023. Technological disruptions like the Internet of Things (IoT), and the introduction of artificial intelligence and machine learning are the key drivers of the connected retail solutions market. Also, customers these days demand more focused and convenient shopping experiences when they walk into stores or browse online shopping portals. At the same time, retailers are trying to address customers’ needs by providing more personalized services. To achieve this, they are deploying connected retail solutions to have a clearer view of the supply chain, so that they can undertake data-driven customer relationship management, and for real-time business analysis. Request a free sample copy of Connected Retail Solutions Market Report @ https://www.bharatbook.com/marketreports/sample/reports/1602447 Segmentation based on applications The applications of connected retail solutions are supply chain management (SCM), customer relationship management (CRM), business analysis/business intelligence (BA/BI), and others. The ‘others’ subsegment includes human resource management, and other enterprise resource planning (ERP) applications. SCM-based connected retail solutions are predicted to have the highest CAGR (32.1%), and will generate a value of USD 22.7 Bn by 2023. With the continuous shift from ‘on-shelf availability’ to ‘on-demand availability,’ retailers are under enormous pressure to deliver products according to customers’ choice of time and place. Retailers are constantly in pursuit of solutions which will help them tackle the challenges faced at different levels of the supply chain, implying that the market is poised for growth during the forecast period. Regional insights North America is anticipated to be the leading region in the global connected retail solutions market, with a share of 46.8%. This is mainly due to Internet penetration in


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