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The Global Smart Retail market is expected to reach $68.70 billion by 2026 growing at a CAGR of 21.6% during 2019 to 2026. Smart retail consists of a set of technologies particularly considered to offer smarter, quicker, and safer service to consumers during shopping. Surveys are being carried out by retailers to distinguish customer actions and needs. They are also implementing some solutions to attract customers. Use of such technologies helps the retailers to encourage a better brand image and raise sales. Factors such as rising adoption of big data analytics, machine learning, blockchain, and artificial intelligence technologies by retailers and reducing the cost of electronic components are driving the market growth. However, the high risk of customer data thefts is restraining the market. Moreover, increasing usage of technologies by retailers to directly connect with end-users and increase in the number of smart stores to lead to increase in the adoption of self-delivery vehicles in smart retail is creating plenty opportunities across the globe. Based on application, the foot-traffic monitoring segment is going to have a lucrative growth due to increasing retailer’s interest regarding foot-traffic monitoring. In-store foot-traffic monitoring is necessary as it provides insights to retailers about different aspects of stores, including the effect of marketing efforts, as well as helps them plan growth strategies based on the purchase history of customers. The key vendors mentioned are Ingenico, Intel, LG Display, Par Technology, Caper Inc, Softbank Robotics Holdings, Samsung Electronics, Bosch Group, Broadcom Limited, Cisco Systems, Microsoft, Google LLC, Honeywell, Huawei Investment & Holding, IBM Corporation and Amazon. Retail Offerings Covered: • Fast-moving Consumer Goods • Hardlines and Leisure Goods • Apparel and Accessories Systems Covered: • Analytics • Augmented Reality Solutions • Digital Signage Solutions • Intelligent Vending Machines • Point of Sale (POS) Solutions • Robotics • Smart Carts • Smart Labels • Smart Payment Systems • Virtual Reality Solutions • Visual Marketing • Indoor Navigation Solutions Covered: • Software • Hardware Technologies Covered: • Bluetooth • LAN • Zigbee • Wireless Fidelity (Wi-Fi) • Near-Field Communication (NFC) • Radio Frequency Identification (RFID) • Machine Learning Retailer Sizes Covered: • Large Retailers • Small & Mid-sized Retailers Applications Covered: • Brand Protection • Foot-Traffic Monitoring • Inventory Management • Loyalty Management and Payment • Predictive Equipment Maintenance • Smart Fitting Rooms • GPS Tracking and Route Optimization • Virtual Mannequins • Automated Check-Out Points End Users Covered: • Speciality Stores • Departmental Stores • Supermarkets Regions Covered: • North America • Europe • Asia Pacific • South America • Middle East & Africa Key Questions Answered in this Report: • How this market evolved since the year 2018 • Market size estimations, forecasts and CAGR for all the segments presented in the scope • Key Market Developments and financials of the key players • Opportunity Analysis for the new entrants • SWOT Analysis of the key players • Fastest growing markets analysed during the forecast period
1 Market Synopsis
2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources
3 Market Dynamics
3.1 Drivers
3.2 Restraints
4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Smart Retail Market, By Retail Offering
5.1 Introduction
5.2 Fast-moving Consumer Goods
5.3 Hardlines and Leisure Goods
5.4 Apparel and Accessories
6 Global Smart Retail Market, By System
6.1 Introduction
6.2 Analytics
6.3 Augmented Reality Solutions
6.4 Digital Signage Solutions
6.5 Intelligent Vending Machines
6.6 Point of Sale (POS) Solutions
6.7 Robotics
6.8 Smart Carts
6.9 Smart Labels
6.10 Smart Payment Systems
6.11 Virtual Reality Solutions
6.12 Visual Marketing
6.13 Indoor Navigation
7 Global Smart Retail Market, By Solution
7.1 Introduction
7.2 Software
7.3 Hardware
8 Global Smart Retail Market, By Technology
8.1 Introduction
8.2 Bluetooth
8.3 LAN
8.4 Zigbee
8.5 Wireless Fidelity (Wi-Fi)
8.6 Near-Field Communication (NFC)
8.7 Radio Frequency Identification (RFID)
8.8 Machine Learning
9 Global Smart Retail Market, By Retailer Size
9.1 Introduction
9.2 Large Retailers
9.3 Small & Mid-sized Retailers
10 Global Smart Retail Market, By Application
10.1 Introduction
10.2 Brand Protection
10.3 Foot-traffic Monitoring
10.4 Inventory Management
10.5 Loyalty Management and Payment
10.6 Predictive Equipment Maintenance
10.7 Smart Fitting Rooms
10.8 GPS Tracking and Route Optimization
10.9 Virtual Mannequins
10.10 Automated Check-Out Points
11 Global Smart Retail Market, By End User
11.1 Introduction
11.2 Speciality Stores
11.3 Departmental Stores
11.4 Supermarkets
12 Global Smart Retail Market, By Geography
12.1 Introduction
12.2 North America
12.3 Europe
12.4 Asia Pacific
12.5 South America
12.6 Middle East & Africa
13 Strategic Benchmarking
14 Vendors Landscape
14.1 Ingenico
14.2 Intel
14.3 LG Display
14.4 Par Technology
14.5 Caper Inc
14.6 Softbank Robotics Holdings
14.7 Samsung Electronics
14.8 Bosch Group
14.9 Broadcom Limited
14.10 Cisco Systems
14.11 Microsoft
14.12 Google LLC
14.13 Honeywell
14.14 Huawei Investment & Holding
14.15 IBM Corporation
14.16 Amazon
List of Data Tables
Table 1 Global Smart Retail Market Outlook, By Region (2018-2026) ($MN)
Table 2 Global Smart Retail Market Outlook, By Retail Offering (2018-2026) ($MN)
Table 3 Global Smart Retail Market Outlook, By Fast-moving Consumer Goods (2018-2026) ($MN)
Table 4 Global Smart Retail Market Outlook, By Hardlines and Leisure Goods (2018-2026) ($MN)
Table 5 Global Smart Retail Market Outlook, By Apparel and Accessories (2018-2026) ($MN)
Table 6 Global Smart Retail Market Outlook, By System (2018-2026) ($MN)
Table 7 Global Smart Retail Market Outlook, By Analytics (2018-2026) ($MN)
Table 8 Global Smart Retail Market Outlook, By Augmented Reality Solutions (2018-2026) ($MN)
Table 9 Global Smart Retail Market Outlook, By Digital Signage Solutions (2018-2026) ($MN)
Table 10 Global Smart Retail Market Outlook, By Intelligent Vending Machines (2018-2026) ($MN)
Table 11 Global Smart Retail Market Outlook, By Point of Sale (POS) Solutions (2018-2026) ($MN)
Table 12 Global Smart Retail Market Outlook, By Robotics (2018-2026) ($MN)
Table 13 Global Smart Retail Market Outlook, By Smart Carts (2018-2026) ($MN)
Table 14 Global Smart Retail Market Outlook, By Smart Labels (2018-2026) ($MN)
Table 15 Global Smart Retail Market Outlook, By Smart Payment Systems (2018-2026) ($MN)
Table 16 Global Smart Retail Market Outlook, By Virtual Reality Solutions (2018-2026) ($MN)
Table 17 Global Smart Retail Market Outlook, By Visual Marketing (2018-2026) ($MN)
Table 18 Global Smart Retail Market Outlook, By Indoor Navigation (2018-2026) ($MN)
Table 19 Global Smart Retail Market Outlook, By Solution (2018-2026) ($MN)
Table 20 Global Smart Retail Market Outlook, By Software (2018-2026) ($MN)
Table 21 Global Smart Retail Market Outlook, By Hardware (2018-2026) ($MN)
Table 22 Global Smart Retail Market Outlook, By Technology (2018-2026) ($MN)
Table 23 Global Smart Retail Market Outlook, By Bluetooth (2018-2026) ($MN)
Table 24 Global Smart Retail Market Outlook, By LAN (2018-2026) ($MN)
Table 25 Global Smart Retail Market Outlook, By Zigbee (2018-2026) ($MN)
Table 26 Global Smart Retail Market Outlook, By Wireless Fidelity (Wi-Fi) (2018-2026) ($MN)
Table 27 Global Smart Retail Market Outlook, By Near-Field Communication (NFC) (2018-2026) ($MN)
Table 28 Global Smart Retail Market Outlook, By Radio Frequency Identification (RFID) (2018-2026) ($MN)
Table 29 Global Smart Retail Market Outlook, By Machine Learning (2018-2026) ($MN)
Table 30 Global Smart Retail Market Outlook, By Retailer Size (2018-2026) ($MN)
Table 31 Global Smart Retail Market Outlook, By Large Retailers (2018-2026) ($MN)
Table 32 Global Smart Retail Market Outlook, By Small & Mid-sized Retailers (2018-2026) ($MN)
Table 33 Global Smart Retail Market Outlook, By Application (2018-2026) ($MN)
Table 34 Global Smart Retail Market Outlook, By Brand Protection (2018-2026) ($MN)
Table 35 Global Smart Retail Market Outlook, By Foot-traffic Monitoring (2018-2026) ($MN)
Table 36 Global Smart Retail Market Outlook, By Inventory Management (2018-2026) ($MN)
Table 37 Global Smart Retail Market Outlook, By Loyalty Management and Payment (2018-2026) ($MN)
Table 38 Global Smart Retail Market Outlook, By Predictive Equipment Maintenance (2018-2026) ($MN)
Table 39 Global Smart Retail Market Outlook, By Smart Fitting Rooms (2018-2026) ($MN)
Table 40 Global Smart Retail Market Outlook, By GPS Tracking and Route Optimization (2018-2026) ($MN)
Table 41 Global Smart Retail Market Outlook, By Virtual Mannequins (2018-2026) ($MN)
Table 42 Global Smart Retail Market Outlook, By Automated Check-Out Points (2018-2026) ($MN)
Table 43 Global Smart Retail Market Outlook, By End User (2018-2026) ($MN)
Table 44 Global Smart Retail Market Outlook, By Speciality Stores (2018-2026) ($MN)
Table 45 Global Smart Retail Market Outlook, By Departmental Stores (2018-2026) ($MN)
Table 46 Global Smart Retail Market Outlook, By Supermarkets (2018-2026) ($MN)
Table 47 North America Smart Retail Market Outlook, By Retail Offering (2018-2026) ($MN)
Table 48 North America Smart Retail Market Outlook, By System (2018-2026) ($MN)
Table 49 North America Smart Retail Market Outlook, By Solution (2018-2026) ($MN)
Table 50 North America Smart Retail Market Outlook, By Technology (2018-2026) ($MN)
Table 51 North America Smart Retail Market Outlook, By Retailer Size (2018-2026) ($MN)
Table 52 North America Smart Retail Market Outlook, By Application (2018-2026) ($MN)
Table 53 North America Smart Retail Market Outlook, By End User (2018-2026) ($MN)
Table 54 Europe Smart Retail Market Outlook, By Retail Offering (2018-2026) ($MN)
Table 55 Europe Smart Retail Market Outlook, By System (2018-2026) ($MN)
Table 56 Europe Smart Retail Market Outlook, By Solution (2018-2026) ($MN)
Table 57 Europe Smart Retail Market Outlook, By Technology (2018-2026) ($MN)
Table 58 Europe Smart Retail Market Outlook, By Retailer Size (2018-2026) ($MN)
Table 59 Europe Smart Retail Market Outlook, By Application (2018-2026) ($MN)
Table 60 Europe Smart Retail Market Outlook, By End User (2018-2026) ($MN)
Table 61 Asia Pacific Smart Retail Market Outlook, By Retail Offering (2018-2026) ($MN)
Table 62 Asia Pacific Smart Retail Market Outlook, By System (2018-2026) ($MN)
Table 63 Asia Pacific Smart Retail Market Outlook, By Solution (2018-2026) ($MN)
Table 64 Asia Pacific Smart Retail Market Outlook, By Technology (2018-2026) ($MN)
Table 65 Asia Pacific Smart Retail Market Outlook, By Retailer Size (2018-2026) ($MN)
Table 66 Asia Pacific Smart Retail Market Outlook, By Application (2018-2026) ($MN)
Table 67 Asia Pacific Smart Retail Market Outlook, By End User (2018-2026) ($MN)
Table 68 South America Smart Retail Market Outlook, By Retail Offering (2018-2026) ($MN)
Table 69 South America Smart Retail Market Outlook, By System (2018-2026) ($MN)
Table 70 South America Smart Retail Market Outlook, By Solution (2018-2026) ($MN)
Table 71 South America Smart Retail Market Outlook, By Technology (2018-2026) ($MN)
Table 72 South America Smart Retail Market Outlook, By Retailer Size (2018-2026) ($MN)
Table 73 South America Smart Retail Market Outlook, By Application (2018-2026) ($MN)
Table 74 South America Smart Retail Market Outlook, By End User (2018-2026) ($MN)
Table 75 Middle East & Africa Smart Retail Market Outlook, By Retail Offering (2018-2026) ($MN)
Table 76 Middle East & Africa Smart Retail Market Outlook, By System (2018-2026) ($MN)
Table 77 Middle East & Africa Smart Retail Market Outlook, By Solution (2018-2026) ($MN)
Table 78 Middle East & Africa Smart Retail Market Outlook, By Technology (2018-2026) ($MN)
Table 79 Middle East & Africa Smart Retail Market Outlook, By Retailer Size (2018-2026) ($MN)
Table 80 Middle East & Africa Smart Retail Market Outlook, By Application (2018-2026) ($MN)
Table 81 Middle East & Africa Smart Retail Market Outlook, By End User (2018-2026) ($MN)