AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Smart Retail market - Global outlook to 2026".
Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Smart Retail market to grow at a CAGR of 25.0% to aggregate USD39.1 Billion by 2026.

The Technology, such as Bluetooth, is boosting the Smart Retail market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Solution, such as Hardware, is boosting the Smart Retail market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

According to Analyst at AMA Research, the Global Smart Retail market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are “Increasing Adoption of Smartphones, Growing Need for Better Customer Services and Shopping Experience, Decreasing Cost of Electronics Components and Emergence of New Technologies Creates New Revenues for Retailers”.
 

Smart retail, a set of various smart technology such as connectivity, integration, big-data analytics, and IoT that are designed to give the consumer a greater, faster, safer and smarter experience when shopping. It allows the configuration of products and services tailored to individual preferences, and effective, efficient customer communications and retention. Increasing adoption of smartphones have witnessed tremendous growth in the past decade owing to the declining cost, improved standard of living, and Internet ubiquity.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Smart Retail market , by Application (Visual Marketing, Smart Label, Smart Payment System, Intelligent System, Robotics, Analytics and Other) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key trends (current and future) of the market