The retail industry has undergone a rapid transformation over the past few years and continuous development of new technologies is expected to strengthen the retail sector in the coming years. The introduction of new technologies such as artificial intelligence and predictive analytics is driving the growth of the retail intelligence market. These technologies are integrated with retail systems to enable retailers to predict competitive pricing as well as gain insights using analytics solutions.
MARKET DYNAMICS
Competitive intelligence helps retailers compare prices and assortments with those of competitors, which is one of the key factors boosting the growth of the retail intelligence market. Also, real-time pricing and product assortment optimization using predictive analytics tools enable retailers to increase their sales and margins. This factor is highly contributing to the growth of the retail intelligence market.
MARKET SCOPE
The "Global Retail Intelligence Market Analysis to 2028"? is a specialized and in-depth study of the retail intelligence market with a special focus on the global market trend analysis. The report aims to provide an overview of retail intelligence market with detailed market segmentation by solution, sales channel, end user. The global retail intelligence market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading retail intelligence market player and offers key trends and opportunities in the retail intelligence market.
MARKET SEGMENTATION
The global retail intelligence market is segmented on the basis of solution, sales channel, end user. On the basis of solution, market is segmented as pricing intelligence, competitive intelligence, assortment intelligence, promotional insights, retail analytics, category management, others. On the basis of sales channel, market is segmented as online, offline. On the basis of end user, market is segmented as grocery stores, convenience stores, apparel and footwear, mass merchant, specialty retailers, e-commerce, others
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global retail intelligence market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The retail intelligence market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting retail intelligence market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the retail intelligence market in these regions.
MARKET PLAYERS
The reports cover key developments in the retail intelligence market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from retail intelligence market are anticipated to lucrative growth opportunities in the future with the rising demand for retail intelligence market. Below mentioned is the list of few companies engaged in the retail intelligence market.
The report also includes the profiles of key retail intelligence market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Upstream Commerce
- TC Group Solutions
- ShopperTrak
- DataWeave Software Pvt. Ltd
- Streetspotr GmbH
- Trax Retail
- Retail Solutions, Inc
- Wiser Solutions, Inc
- Retail Intelligence AG
- Springboard
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.