Retail Digital Transformation Market, By Product (Consumer Electronics and Appliances, Apparel and Footwear, Media, Toys, and Games, Food, Groceries, and Beverages, Furniture and Home Improvement, Beauty and Personal Care, Others ), By Access (Mobile Apps

Retail Digital Transformation Market, By Product (Consumer Electronics and Appliances, Apparel and Footwear, Media, Toys, and Games, Food, Groceries, and Beverages, Furniture and Home Improvement, Beauty and Personal Care, Others ), By Access (Mobile Apps, Websites), By Region (North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Online sales have increased substantially in the past years. In fact, it has become one of the fastest growing sectors in the economy. There are a lot of factors that contribute to this trend. One of these is the easy and convenient method of payment through the Internet. Online shopping is also a type of electronic retail trade that lets consumers directly purchase products or services from a vendor with a personal computer or an online application.
Ecommerce has provided small businesses the chance to expand their existing customer base without investing additional capital. With the popularity of online shopping, many people are now aware that it is more convenient and safer to shop online than to walk from one store to another. Another reason for the rising number of online sales is the presence of a wide array of online marketplace tools such as search engines, shopping carts, online catalogs, and payment gateways that make online shopping hassle-free for buyers and sellers.
Market Dynamics:
Launch of online stores is expected to propel growth of the global retail digital transformation market. For instance, in July 2021, U.S-based Aqua Medical Spa added a new online store to its website that offers medical-grade skincare products.
Major players operating in the global retail digital transformation market are focused on investing in R&D to expand their product portfolio. For instance, in November 2019, Amazon announced plans to build a new state-of-the-art Amazon Robotics innovation hub and invest over US$ 40 million in the new site.
Key features of the study:
This report provides in-depth analysis of the global retail digital transformation market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global retail digital transformation market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Amazon.com, Inc., MercadoLibre, Inc., eBay, Inc., Otto Group, Wal-Mart Stores, Inc., Snapdeal.com, Alibaba Group Holding Limited, Tesco PLC, Alibaba Group Holding Limited, Tesco PLC, Rakuten, Inc., and Flipkart Internet Private Limited
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global retail digital transformation market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global retail digital transformation market
Detailed Segmentation:
Global Retail Digital Transformation Market, By Product:
Consumer Electronics and Appliances
Apparel and Footwear
Media, Toys, and Games
Food, Groceries, and Beverages
Furniture and Home Improvement
Beauty and Personal Care
Others
Global Retail Digital Transformation Market, By Access:
Mobile Apps
Websites
Global Retail Digital Transformation Market, By Region:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Company Profiles
Amazon.com, Inc.*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
MercadoLibre, Inc.
eBay, Inc.
Otto Group
Wal-Mart Stores, Inc.
Snapdeal.com
Alibaba Group Holding Limited
Tesco PLC
Tesco PLC
Rakuten, Inc.
Flipkart Internet Private Limited.
*Browse all the market data tables and figures on “Global Retail Digital Transformation Market- Forecast to 2028”