Global Smart Retail System Market Growth (Status and Outlook) 2023-2029

Global Smart Retail System Market Growth (Status and Outlook) 2023-2029

Smart retail refers to the hybridization between traditional shopping methods and modern “smart” technologies. Through the Internet of Things, data is accumulated by way of communication between implanted devices and computers. As a result, consumers may enjoy a more personalized, faster, and smarter experience. In this report, Smart Retail Systems are divided into hardware (smart shelf, electronic label, display, etc), software (POS cash register software, management system, etc) and services (communication services, training services, etc).

LPI (LP Information)' newest research report, the “Smart Retail System Industry Forecast” looks at past sales and reviews total world Smart Retail System sales in 2022, providing a comprehensive analysis by region and market sector of projected Smart Retail System sales for 2023 through 2029. With Smart Retail System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart Retail System industry.

This Insight Report provides a comprehensive analysis of the global Smart Retail System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Smart Retail System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Smart Retail System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart Retail System and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Smart Retail System.

The global Smart Retail System market size is projected to grow from US$ 7223.1 million in 2022 to US$ 34870 million in 2029; it is expected to grow at a CAGR of 25.2% from 2023 to 2029.

Global key players of smart retail system include Amazon, Alibaba, SES-imagotag, IBM Corporation, etc. Global top five manufacturers hold a share over 41%. In terms of product, service is the largest segment, with a share over 42%. And in terms of application, the largest application is supermarket, with a share over 63%

This report presents a comprehensive overview, market shares, and growth opportunities of Smart Retail System market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Hardware
Software
Service

Segmentation by application
Supermarket
Convenience Store
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Amazon
Alibaba
SES-imagotag
IBM Corporation
Shinsegae I&C
Google
SOLUM ESL
Pricer
Intel Corporation
NEC Corporation
Cisco Systems
Wipro Technologies
Displaydata
Trax
Telit
Bossa Nova Robotics
Adastra Corporation
AWM

Please note: The report will take approximately 2 business days to prepare and deliver.