What is Cloud retail?
Cloud retail is the use of cloud computing technology in the retail sector. It is a network of remote servers that are hosted on the Internet to manage, store and process data. It reduces the cost of computing and data storage. There is increasing adoption of cloud computing in the retail industry. It has numerous benefits such as improved channel operations, higher supply chain visibility, personalized customer service and many others.
The market study is broken down by Type (Solution and Service), by Application (Small and Medium Scale Enterprises and Large scale Enterprises) and major geographies with country level break-up.
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Analysts at AMA Research estimates that Players from United States will contribute to the maximum growth of Global Cloud retail market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Oracle Corporation (United States), Cisco Systems, Inc. (United States), SAP SE (Germany), International Business Machines Corporation (United States), Microsoft Corporation (United States), Computer Sciences Corporation (United States), Fujitsu Limited (Japan), Infor, Inc. (United States), Epicor Software Corporation (United States), JDA Software Group, Inc. (United States) and Syntel Inc. (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Cloud retail market by Type, Application and Region.
On the basis of geography, the market of Cloud retail has been segmented into 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). If we see Market by Service Model, the sub-segment i.e. Software as A Service will boost the Cloud retail market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. Public Cloud will boost the Cloud retail market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Trend
- Shift to Omni-Channel Experience
Market Drivers
- Increased Penetration of the Internet
- Improved Channel Operations and Higher Supply Chain Visibility
Opportunities
- Growing Applications in Various Industries
- Technological Advancements in Cloud Retailing
Restraints
- Growing Concerns Regarding Security and Privacy
Challenges
- Frequently Changing Consumer Preferences
Key Target Audience
Cloud Retail Providers, Research Professionals, Emerging Companies and End-users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.