Growth Factors of Retail Cloud Market
The global retail cloud market size was valued at USD 11.89 billion in 2018 and is projected tgrow tUSD 39.63 billion by 2026, exhibiting a CAGR of 16.3% during the forecast period of 2019-2026.
The COVID-19 pandemic appreciably prolonged the adoption of the retail cloud market as groups transitioned tvirtual platforms tpreserve operations through lockdowns and social distancing measures. Increased reliance on e-change, contactless bills, and far-off manipulated gear highlighted the need for scalable and green cloud answers, impeding the retail cloud market growth.
The increase in the retail cloud market is pushed using the growing adoption of digital transformation in retail, the ever increasing call for customized customer reviews, and the want for scalable and cost-efficient solutions.
The Retail Cloud market is experiencing a rapid increase, driven by the increasing need for stores tbeautify agility, improve operational efficiency, and benefit a competitive facet in the virtual age. Key traits include the enormous adoption of cloud-based answers for center retail functions such as inventory control, order achievement, client courting management (CRM), and point-of-sale (POS), leading tthe global expansion of retail cloud market share. This shift tthe cloud enables retailers tscale their operations quickly, lessen IT fees, and benefit from the right of entry tadvanced analytics and AI-powered insights for stepped-forward choice-making and customized consumer studies.
Comprehensive Analysis of Retail Cloud Market
The segmentation of the retail cloud market is classified by model type, answer, and enterprise size. By version kind, the marketplace is split intinfrastructure as a provider, platform as a service, and software as a provider (SaaS). Among those, SaaS is expected tdominate because of its capability thelp outlets innovate and compete successfully. Platform and infrastructure services contribute tmarket growth by improving verbal exchange between providers, manufacturers, and customers. By solution, key segments encompass delivery chain management, team of workers management, purchaser management, reporting & analytics, information safety, and omnichannel answers. Data protection, reporting & analytics are predicted tgrow considerably as they assist more innovative advertising techniques and predictive customer behavior analytics. Small and medium organizations (SMEs) are projected tgrow rapidly by corporation length because they adopted cloud-primarily based answers for competitiveness. At the same time, huge companies force increase via incorporated digital and in-store operations tailored tevolving patron choices.
The North America region led the retail cloud market by benefitting a size of USD 4.81 billion in 2018 due tthe adoption of cloud-based solutions within the retail industry, particularly in evolved nations like the U.S. and Canada.
The leading players in the Retail Cloud market significantly influence its growth trajectory and set industry standards. Key players, including Alibaba Group, AWS, Baidu, CiscSystems Inc., Fujitsu, Google, IBM Corporation, Infor, JDA Software Group, Microsoft Corporation, Oracle Corporation, and SAP SE, contribute ta competitive landscape by driving innovation and advancing cloud-based solutions tailored for the retail industry. Their strategic initiatives and technological advancements help shape the future of retail cloud adoption globally, enhancing efficiency, customer experience, and business operations.
In July 2021, Google Cloud expanded its partnership with The Home Depot, a leading American home improvement retailer, timprove the customer shopping experience. The company utilizes Google Cloud's infrastructure and artificial intelligence capabilities taddress increasing demand and provide personalized experiences for its customers.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2015-2026
Base Year 2018
Forecast Period 2019-2026
Historical Period 2015-2017
Unit Value (USD Billion)
Segmentation By Model Type
Infrastructure as a Service
Platform as a Service
Software as a Service
By Deployment
Public
Private
Hybrid
By Solution
Supply Chain Management
Workforce Management
Customer Management
Reporting and Analytics
Data Security
Omni-Channel
Others
By Enterprise Size
Small and Medium
Large
By Geography
North America (U.S. and Canada)
Europe (U.K., Germany, France, Italy, Spain, and the Rest of Europe)
Asia Pacific (Japan, China, India, Southeast Asia, and the Rest of Asia Pacific)
Middle East & Africa (South Africa, GCC, and the Rest of Middle East & Africa)
Latin America (Brazil, Mexico, and the Rest of Latin America)
- 1. Introduction
- 1.1. Definition, By Segment
- 1.2. Research Approach
- 1.3. Sources
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Drivers, Restraints and Opportunities
- 3.2. Emerging Trends
- 4. Key Insights
- 4.1. Macro and Micro Economic Indicators
- 4.2. Consolidated SWOT Analysis of Key Players
- 5. Global Retail Cloud Market Analysis, Insights and Forecast, 2015-2026
- 5.1. Key Findings / Summary
- 5.2. Market Size Estimates and Forecasts
- 5.2.1. By Type (Value)
- 5.2.1.1. Solution
- 5.2.1.1.1. Channel operations
- 5.2.1.1.2. Supply Chain Management
- 5.2.1.1.3. Customer Management
- 5.2.1.1.4. Merchandising
- 5.2.1.1.5. Workforce Management
- 5.2.1.1.6. Reporting and Analytics
- 5.2.1.1.7. Data Security
- 5.2.1.1.8. Others
- 5.2.1.2. Services
- 5.2.1.2.1. Professional Services
- 5.2.1.2.1.1. Consulting
- 5.2.1.2.1.2. Training and Education
- 5.2.1.2.1.3. Support and Maintenance
- 5.2.1.2.2. Managed Services
- 5.2.2. By Service Model (Value)
- 5.2.2.1. Software as A Service
- 5.2.2.2. Platform as A Service
- 5.2.2.3. Infrastructure as A Service
- 5.2.3. By Deployment (Value)
- 5.2.3.1. Public Cloud
- 5.2.3.2. Private Cloud
- 5.2.3.3. Hybrid Cloud
- 5.2.4. By Organization Size (Value)
- 5.2.4.1. Small and Medium Enterprises
- 5.2.4.2. Large Enterprises
- 5.2.5. By Geography (Value)
- 5.2.5.1. North America
- 5.2.5.2. Europe
- 5.2.5.3. Asia Pacific
- 5.2.5.4. Middle East and Africa
- 5.2.5.5. Latin America
- 6. North America Retail Cloud Market Analysis, Insights and Forecast, 2015-2026
- 6.1. Key Findings / Summary
- 6.2. Market Size Estimates and Forecasts
- 6.2.1. By Type (Value)
- 6.2.1.1. Solution
- 6.2.1.1.1. Channel operations
- 6.2.1.1.2. Supply Chain Management
- 6.2.1.1.3. Customer Management
- 6.2.1.1.4. Merchandising
- 6.2.1.1.5. Workforce Management
- 6.2.1.1.6. Reporting and Analytics
- 6.2.1.1.7. Data Security
- 6.2.1.1.8. Others
- 6.2.1.2. Services
- 6.2.1.2.1. Professional Services
- 6.2.1.2.1.1. Consulting
- 6.2.1.2.1.2. Training and Education
- 6.2.1.2.1.3. Support and Maintenance
- 6.2.1.2.2. Managed Services
- 6.2.2. By Service Model (Value)
- 6.2.2.1. Software as A Service
- 6.2.2.2. Platform as A Service
- 6.2.2.3. Infrastructure as A Service
- 6.2.3. By Deployment (Value)
- 6.2.3.1. Public Cloud
- 6.2.3.2. Private Cloud
- 6.2.3.3. Hybrid Cloud
- 6.2.4. By Organization Size (Value)
- 6.2.4.1. Small and Medium Enterprises
- 6.2.4.2. Large Enterprises
- 6.2.5. By Country (Value)
- 6.2.5.1. United States
- 6.2.5.2. Canada
- 7. Europe Retail Cloud Market Analysis, Insights and Forecast, 2015-2026
- 7.1. Key Findings / Summary
- 7.2. Key Policies and Regulations
- 7.3. Market Size Estimates and Forecasts
- 7.3.1. By Type (Value)
- 7.3.1.1. Solution
- 7.3.1.1.1. Channel operations
- 7.3.1.1.2. Supply Chain Management
- 7.3.1.1.3. Customer Management
- 7.3.1.1.4. Merchandising
- 7.3.1.1.5. Workforce Management
- 7.3.1.1.6. Reporting and Analytics
- 7.3.1.1.7. Data Security
- 7.3.1.1.8. Others
- 7.3.1.2. Services
- 7.3.1.2.1. Professional Services
- 7.3.1.2.1.1. Consulting
- 7.3.1.2.1.2. Training and Education
- 7.3.1.2.1.3. Support and Maintenance
- 7.3.1.2.2. Managed Services
- 7.3.2. By Service Model (Value)
- 7.3.2.1. Software as A Service
- 7.3.2.2. Platform as A Service
- 7.3.2.3. Infrastructure as A Service
- 7.3.3. By Deployment (Value)
- 7.3.3.1. Public Cloud
- 7.3.3.2. Private Cloud
- 7.3.3.3. Hybrid Cloud
- 7.3.4. By Organization Size (Value)
- 7.3.4.1. Small and Medium Enterprises
- 7.3.4.2. Large Enterprises
- 7.3.5. By Country (Value)
- 7.3.5.1. Germany
- 7.3.5.2. Italy
- 7.3.5.3. France
- 7.3.5.4. Spain
- 7.3.5.5. Rest of Europe
- 8. Asia Pacific Retail Cloud Market Analysis, Insights and Forecast, 2015-2026
- 8.1. Key Findings / Summary
- 8.2. Market Size Estimates and Forecasts
- 8.2.1. By Type (Value)
- 8.2.1.1. Solution
- 8.2.1.1.1. Channel operations
- 8.2.1.1.2. Supply Chain Management
- 8.2.1.1.3. Customer Management
- 8.2.1.1.4. Merchandising
- 8.2.1.1.5. Workforce Management
- 8.2.1.1.6. Reporting and Analytics
- 8.2.1.1.7. Data Security
- 8.2.1.1.8. Others
- 8.2.1.2. Services
- 8.2.1.2.1. Professional Services
- 8.2.1.2.1.1. Consulting
- 8.2.1.2.1.2. Training and Education
- 8.2.1.2.1.3. Support and Maintenance
- 8.2.1.2.2. Managed Services
- 8.2.2. By Service Model (Value)
- 8.2.2.1. Software as A Service
- 8.2.2.2. Platform as A Service
- 8.2.2.3. Infrastructure as A Service
- 8.2.3. By Deployment (Value)
- 8.2.3.1. Public Cloud
- 8.2.3.2. Private Cloud
- 8.2.3.3. Hybrid Cloud
- 8.2.4. By Organization Size (Value)
- 8.2.4.1. Small and Medium Enterprises
- 8.2.4.2. Large Enterprises
- 8.2.5. By Country (Value)
- 8.2.5.1. China
- 8.2.5.2. Japan
- 8.2.5.3. India
- 8.2.5.4. South East Asia
- 8.2.5.5. Rest of APAC
- 9. Middle East and Africa Retail Cloud Market Analysis, Insights and Forecast, 2015-2026
- 9.1. Key Findings / Summary
- 9.2. Market Size Estimates and Forecasts
- 9.2.1. By Type (Value)
- 9.2.1.1. Solution
- 9.2.1.1.1. Channel operations
- 9.2.1.1.2. Supply Chain Management
- 9.2.1.1.3. Customer Management
- 9.2.1.1.4. Merchandising
- 9.2.1.1.5. Workforce Management
- 9.2.1.1.6. Reporting and Analytics
- 9.2.1.1.7. Data Security
- 9.2.1.1.8. Others
- 9.2.1.2. Services
- 9.2.1.2.1. Professional Services
- 9.2.1.2.1.1. Consulting
- 9.2.1.2.1.2. Training and Education
- 9.2.1.2.1.3. Support and Maintenance
- 9.2.1.2.2. Managed Services
- 9.2.2. By Service Model (Value)
- 9.2.2.1. Software as A Service
- 9.2.2.2. Platform as A Service
- 9.2.2.3. Infrastructure as A Service
- 9.2.3. By Deployment (Value)
- 9.2.3.1. Public Cloud
- 9.2.3.2. Private Cloud
- 9.2.3.3. Hybrid Cloud
- 9.2.4. By Organization Size (Value)
- 9.2.4.1. Small and Medium Enterprises
- 9.2.4.2. Large Enterprises
- 9.2.5. By Country (Value)
- 9.2.5.1. GCC
- 9.2.5.2. Egypt
- 9.2.5.3. South Africa
- 9.2.5.4. Rest of MEA
- 10. Latin America Retail Cloud Market Analysis, Insights and Forecast, 2015-2026
- 10.1. Key Findings / Summary
- 10.2. Market Size Estimates and Forecasts
- 10.2.1. By Type (Value)
- 10.2.1.1. Solution
- 10.2.1.1.1. Channel operations
- 10.2.1.1.2. Supply Chain Management
- 10.2.1.1.3. Customer Management
- 10.2.1.1.4. Merchandising
- 10.2.1.1.5. Workforce Management
- 10.2.1.1.6. Reporting and Analytics
- 10.2.1.1.7. Data Security
- 10.2.1.1.8. Others
- 10.2.1.2. Services
- 10.2.1.2.1. Professional Services
- 10.2.1.2.1.1. Consulting
- 10.2.1.2.1.2. Training and Education
- 10.2.1.2.1.3. Support and Maintenance
- 10.2.1.2.2. Managed Services
- 10.2.2. By Service Model (Value)
- 10.2.2.1. Software as A Service
- 10.2.2.2. Platform as A Service
- 10.2.2.3. Infrastructure as A Service
- 10.2.3. By Deployment (Value)
- 10.2.3.1. Public Cloud
- 10.2.3.2. Private Cloud
- 10.2.3.3. Hybrid Cloud
- 10.2.4. By Organization Size (Value)
- 10.2.4.1. Small and Medium Enterprises
- 10.2.4.2. Large Enterprises
- 10.2.5. By Country (Value)
- 10.2.5.1. Brazil
- 10.2.5.2. Argentina
- 10.2.5.3. Mexico
- 10.2.5.4. Rest of LATAM
- 11. Competition Matrix
- 11.1. Business Strategies Adopted by Leading Players
- 12. Global Retail Cloud Market Revenue Share Analysis, By Key Manufacturer, 2018
- 13. Company Profile
- 13.1. Alphabet Inc.
- 13.1.1. Overview
- 13.1.2. Description
- 13.1.3. Product Portfolio
- 13.1.4. Financials (Data as available in public domain and/or on paid databases)
- 13.1.5. Recent Developments
- 13.1.5.1. Similar information shall be provided for all the below companies
- 13.1.5.1.1. Cisco
- 13.1.5.1.2. Oracle
- 13.1.5.1.3. Epicor Software Corporation
- 13.1.5.1.4. Fujitsu
- 13.1.5.1.5. Infor
- 13.1.5.1.6. IBM
- 13.1.5.1.7. RapidScale
- 13.1.5.1.8. Retailcloud
- 13.1.5.1.9. Retail Solutions, Inc.
- 13.1.5.1.10. Softvision
- 13.1.5.1.11. JDA Software Group, Inc.
- 13.1.5.1.12. Atos Syntel Inc.
- 13.1.5.1.13. SAP SE
- 13.1.5.1.14. Microsoft
- 13.1.5.1.15. DXC Technology "
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