Lewes, DE -- (SBWIRE) -- 06/18/2019 -- The Global IoT in Retail Market is accounted for $21, 235.98 million in 2017 and is expected to reach $101,000.20 million by 2026 growing at a CAGR of 18.9% during the forecast period.Some of the key factors influencing the market growth include demand for improved flexibility, increasing adoption of smartphones and deteriorating cost of machinery. However, need of general standards are restricting the market growth.

Internet of Things helps in linking various smart devices to ease the process and sharing of data amongst peers. There are various devices such as sensors, smartphones, and wearable's, which gather data from the devices that can be utilized to improve customer's experience.

Among Application, Offshore segment is expected to grow at the significant market share during the forecast period. This can be accredited to the rising focus to significantly reduce the in-house IT costs, allowing interior IT staffs to focus more on the core competencies. In order to get rid of the possibility of data safety threats, managed service providers are extremely investing in data security & safety.

By Geography, Asia Pacific was the leading market and is expected to grow at the considerable market share during the forecast period high savings in the IoT infrastructure. Countries such as China & India coupled with the increasing disposable income. Rising usage of smart devices followed by the initial e-commerce industry will drive the IoT in retail market in the region are expected to drive market growth over the forecast period.

Some of the key players profiled in the IoT in Retail Market includeApple, General Electric, Google, Hewlett Packard Enterprise Company, Hitachi, Honeywell, Huawei, IBM, Intel, Microsoft, NEC, Oracle, Rockwell Automation, Salesforce, Samsung, SAP AG, Siemens, Texas Instruments Inc., Verizon and Zebra Technologies.

Services Covered:
- Managed Services
- Professional Services

Functional Areas Covered:
- Supply Chain Management
- Smart Vending Machine
- Smart Shelf & Smart Doors
- Safety & Security
- Resource Management
- Real-Time/ Streaming Analytics
- Intelligent Payment Solution
- Energy Optimization
- Digital Signage
- Advertising & Marketing
- Other Functional Areas

Solutions Covered:
- Software
- Hardware

Platforms Covered:
- Application Management
- Device Management
- Network Management

Technologies Covered:
- Bluetooth Low Energy
- Connectivity Technology
- Near Field Communication
- Wi-fi
- ZigBee
- Other Technologies

Applications Covered:
- Augmented Reality Apps
- Beacon Alerts
- Customer Relationship Management
- Interactive Mirrors
- Managed Services
- Professional Services
- Remote Device Management
- Retail Workshop Management Tools
- Robot Guides
- Shopper Mapping
- Smart Shelves Embedded with Sensors
- Smart Signage
- Other Applications

Regions Covered:
- North America
US
Canada
Mexico

- Europe
Germany
UK
Italy
France
Spain
Rest of Europe

- Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific

- South America
Argentina
Brazil
Chile
Rest of South America

- Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
- Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
- Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Spanning over 160 pages "IoT In Retail - Global Market Outlook (2017-2026)" report covers Executive Summary, Preface, Market Trend Analysis, Porters Five Force Analysis, Global IoT In Retail Market, By Service, Global IoT In Retail Market, By Functional Area, Global IoT In Retail Market, By Solution, Global IoT In Retail Market, By Platform, Global IoT In Retail Market, By Technology, Global IoT In Retail Market, By Application, Global IoT In Retail Market, By Geography, Key Developments, Company Profiling.

Please visit this link for more details: https://www.marketresearchreports.com/stratistics-mrc/iot-retail-global-market-outlook-2017-2026

Find all Retailing Reports at https://www.marketresearchreports.com/retailing

For related reports please visit: https://www.marketresearchreports.com/search/site/IoT%20In%20Retail

Read our Interactive Market Research Blog

About MarketResearchReports.com
MarketResearchReports.com is world's largest store offering quality market research, SWOT analysis, competitive intelligence and industry reports. We help Fortune 500 to Start-Ups with the latest market research reports on global & regional markets which comprise key industries, leading market players, new products and latest industry analysis & trends.

Contact us for your market research requirements: https://www.marketresearchreports.com/contact