Future of Work in Retail and Apparel - Thematic Intelligence
Summary
The COVID-19 pandemic gave businesses an unprecedented opportunity to implement profound changes to the way we work. From digitizing processes and re-shaping supply chains to redesigning offices, the pandemic will leave a lasting legacy.
Key Highlights
The nature of employment will change, with more hybrid work between offices and remote working. This will shape what consumers purchase and where they purchase items, with reverse urbanization changing the locations of consumption.
The future of retail delivery presents further opportunities for employment and lifestyle changes. To reduce the disproportionately high costs of the last mile, retailers are starting to deploy autonomous vehicles and drones to deliver packages. Automation in the final part of the supply chain will decrease transport costs, though potentially lead to human couriers becoming redundant at some point in the future - though this seems a long way off currently.
Scope
- GlobalData provides detailed insight into the theme of the future of work, specifically focusing on its impact on the Retail and Apparel sectors. The report provides an overview of the future of work and its components, the leading companies, the timeline of developments in the the future of work, market size and growth forecasts, and related mergers and acquisitions. The report also details the relevant trends across technology, macroeconomic, regulatory, and retail trends.
- Themes are disruptive, so it's easy to be blindsided by industry outsiders who invade your sector. Understanding the themes ecosystem will get you ahead of the curve.
- Understand the important themes in 2022 and beyond, allowing you to grasp a wider view of changes in consumer behaviour and how it will impact your markets.
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- Executive Summary
- Players
- Our Future of Work Framework
- Visualization
- Augmented reality (AR) and virtual reality (VR)
- Digital twins
- Data visualization
- Connectivity
- Industrial Internet
- 5G
- Wearable tech
- Automation
- Industrial robots
- Autonomous vehicles
- 3D printing
- Robotic process automation
- Drones
- Collaboration
- Collaboration tools
- Cus8tomer relationship management
- Interpretation
- Machine learning
- Computer vision
- Context-aware computing
- Data science
- Trends
- Technology trends
- Macroeconomic trends
- Regulatory trends
- Retail trends
- Data Analysis
- Market size and growth forecasts
- Robotics
- Enterprise IoT
- Industrial Internet
- Artificial intelligence
- 5G
- Communication and collaboration (C&C)
- Mergers and acquisitions
- Company filing trends
- Hiring trends
- Use cases
- Alphabet’s drone delivery business will introduce commercial services in the US
- DoorDash adopts robots for food deliveries
- Timeline
- Companies
- Sector Scorecards
- Retail sector scorecard
- Who’s who
- Thematic screen
- Valuation screen
- Risk screen
- Glossary
- Further Reading
- GlobalData reports
- Our Thematic Research Methodology
- About GlobalData
- Contact Us
- List of Tables
- Table 1: Technology trends
- Table 2: Macroeconomic trends
- Table 3: Regulatory trends
- Table 4: Retail trends
- Table 5: Key M&A transactions related to the future of work theme since January 2021
- Table 6: Companies
- Table 7: Glossary
- Table 8: GlobalData reports
- List of Figures
- Figure 1: Who are the leading players in the future of work theme, and where do they sit in the value chain?
- Figure 2: GlobalData’s future of work framework
- Figure 3: Spatial uses a proprietary AI algorithm to create avatars
- Figure 4: Nvidia prevents downtime and maintenance by predicting corrosion proactively via digital twins
- Figure 5: Manufacturing operations are a key area for digital twins
- Figure 6: Data visualization makes sense of the vast amount of data generated daily
- Figure 7: There are five major markets for IoT, each defined by its own characteristics
- Figure 8: Technicians and engineers use the GE ServiceMax Field Service app to improve field productivity
- Figure 9: Welsh hospitals use Proximie’s technology on Vodafone’s 5G network
- Figure 10: ABB’s range of co-bots includes GoFa and Swifti
- Figure 11: Delivery robots & Warehouse robots
- Figure 12: Waymo began operating robotaxis in Arizona in 2020
- Figure 13: Italian company XEV’s electric car has just 57 parts
- Figure 14: GE 3D-printed a fuel nozzle for the LEAP engine
- Figure 15: Lenovo integrates UiPath’s RPA software for internal audit
- Figure 16: Data collected by drones can be used to build 3D models
- Figure 17: Walmart has been testing drone delivery since 2015
- Figure 18: Meta’s Horizon Workrooms is available to download on Quest 2
- Figure 19: Microsoft’s Mesh allows users to connect with a holographic presence
- Figure 20: The AI value chain
- Figure 21: Pony.ai uses ML to train autonomous vehicles
- Figure 22: AlphaFold has used machine learning to predict every protein structure known to science
- Figure 23: Sight Diagnostics’s Olo uses CV to process scans
- Figure 24: IBM Maximo Visual Inspection uses CV to analyze images
- Figure 25: PAL is a wearable on-device deep learning platform for personalized and context-aware real-world interventions
- Figure 26: IBM Instana observability improves enterprise application performance monitoring
- Figure 27: The robotics industry will grow at a CAGR of 30% between 2021 and 2030
- Figure 28: The industrial robotics market will be worth $352 billion by 2030
- Figure 29: Exoskeletons are the fastest-growing robotics category
- Figure 30: The global enterprise IoT market will generate $865.9 billion in revenue by 2026
- Figure 31: The global Industrial Internet market will reach $461.9 billion by 2026
- Figure 32: The AI market will be worth $135.8 billion in 2026, up from $68.1 billion in 2021
- Figure 33: The US dominates the AI market
- Figure 34: Global 5G subscriptions will top five billion in 2027
- Figure 35: North America will lead the way in 5G penetration
- Figure 36: The communications and collaboration (C&C) market will be worth $346.5 billion by 2026
- Figure 37: The Asia-Pacific C&C market is estimated to hit $130.9 billion by 2026
- Figure 38: Company mentions of the future of work grew rapidly between 2019 and 2022
- Figure 39: Work from home was the most mentioned future of work-related keyword in company filings
- Figure 40: The number of active jobs started to decline in September 2022
- Figure 41: Wing drone & DoorDash robot
- Figure 42: The future of work story
- Figure 43: Who does what in the retail space?
- Figure 44: Thematic screen
- Figure 45: Valuation screen
- Figure 46: Risk screen
- Figure 47: Our five-step approach for generating a sector scorecard
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