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Internet of Things  in Retail Market by Component, Hardware, Service, Technology, Region - Global Forecast to 2020

Internet of Things: Retail Market Forecast until 2020

  • July 2015
  • 146 pages
  • ID: 3156682
In this report:
THE MARKET SIZE OF THE NFC SEGMENT IS EXPECTED TO BE USD ##.## MILLION IN 2015, WHICH IS PROJECTED TO REACH USD ##.## MILLION BY 2020, AT A CAGR OF ##.##% DURING THE FORECAST PERIOD THE NA MARKET IS ESTIMATED TO GROW FROM USD ##.## MILLION TO USD ##.## MILLION BY 2020, AT A CAGR OF ##.##% FROM 2015 TO 2020.

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Internet of Things is significantly adopted in every process of retailing including advertising and marketing, smart kiosks, vending machines, inventory management, and customer payments.. The fact that IoT is quickly connecting with these retailing processes is due to growing internet ubiquity, and emergence of cloud platform. The declining cost of sensors and RFID have also significantly increased its adoption by the retailers. Together with these drivers, the industry is facing certain restraints including lack of common standards, skill gap, and security and privacy concerns. The overall IoT in retail market is forecasted to grow from ~$14.3B in 2015 to ~$35.6B by 2020, at a CAGR of ~20.1 percent. The top players in this industry contain IBM (NYSE:IBM), Intel (NASDAQ:INTC), Zebra Technologies, SAP, Google, Microsoft, Freescale, PTC, ARM, and Cisco Systems (NASDAQ:CSCO).

There are several assumptions that have been taken into consideration for the sector sizing and forecasting exercise. A few of the overall assumptions include political, economic, social, technological, and economic factors. The dollar fluctuations are anticipated to not seriously affect the outlooks in the emerging regions.

This study will help the industry leaders (and new entrants) in the following points:

1. This document breaks down the market into different sub-segments covering this industry overall. The analysis offers the best approximations of the revenue data for the global market and the subsegments. The industry numbers are further split across the distinct end users and localities.

2. This industry report will facilitate in the better understanding of the competitors and obtain additional insights to better one's position in business. There is a separate division on opposing landscape, which comprises competitor landscape, mergers and acquisitions, alliances, and strategic agreements. Also, there are company profiles of ten actors in this sector. In this part, industry internals are furnished that can put one ahead of the competitors.

3. The market research also helps in understanding the global increase of the market. It offers info on main market drivers, market restraints, opportunities, and alternatives.

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