Retail 3.0 - Key Disruptive Forces to Accelerate Tech Transformation

Retail 3.0 - Key Disruptive Forces to Accelerate Tech Transformation

Summary

Digital transformation in the retail sector has given rise to a myriad of innovations over the past few years to provide a seamless customer experience. Retail giants such as Amazon, Alibaba, and Walmart as well as innovative startups such as Nuro, Starship, and Magic Leap take a proactive approach to attract customers with secure, AI-driven, swift, and phygital experiences. This report categorizes key disruptive forces in retail as maturing, accelerating, and emerging innovation areas based on their rate of growth in innovation. To name a few are autonomous last-mile delivery, virtual stores, and digital olfaction in accelerating, and live commerce, pay by face, and blockchain-based payments in emerging. The report also casts light on key market activities in retail such as VC funding, M&A, strategic partnerships, patent filings, and real-world innovations. The awareness, knowledge, and expertise on these innovation areas can help transform business models, decision-making, and strategic thinking that directly influence R&D, collaboration, acquisition, and investment decisions.

Key Highlights

Retail sector trending concepts, major drivers, top technology themes transforming the sector, key innovation areas within the sector and their leading patent filers, leading public-listed companies, and innovation startups, disruptive potential of innovation areas as highlighted by interesting patents by startups, VC deals, M&A trends, startup partnerships with retailers, game-changing innovations, and outlook on retailtech advancements.

Scope

• Key disruptive forces in retail – presents the trending concepts in retail, major drivers for digital transformation, top technologies, and maturing, accelerating, and emerging innovation areas with disruptive potential in retail.
• Accelerating: key innovation areas – deep dive on accelerating innovation areas to highlight the innovation strategy of top retailers, disruptive potential captured by data signals on the innovation area, leading public-listed companies and startups, interesting patents by startups, VC focus, M&A trends, startup partnerships with retailers, and game-changing company innovations.
• Emerging: key innovation areas – overview of select emerging innovation areas to capture their disruptive potential, highlighting the drivers, deals trends, patents trends, game-changing innovations, and disruptive startups.
• Outlook – highlights the development of emerging concepts relevant to the innovation areas.

• GlobalData’s FutureTech Series Reports are aimed at capturing futuristic technologies which have the potential to disrupt tomorrow. These technologies are constantly changing, adapting, and progressing to enable a paradigm shift in our daily lives. The awareness, knowledge, and expertise of these topics help transform business models and strategic thinking with an in-depth understanding of megatrends that can directly influence patenting, collaboration, acquisition, and investment decisions.