New York, NY -- (SBWIRE) -- 11/09/2018 -- The use of ubiquitous sources and SWOT analysis guides collect trustworthy and useful statistics for the market-oriented and methodological study of the growth of the Global Retail Analytics Market. According to Statistics MRC, the Global Retail Analytics Market is accounted for $2.25 billion in 2015 and is expected to reach $7.47 billion by 2022 growing at a CAGR of 18.7% during the forecast period. Continuous developments in Big Data analytics, digitalization and growing trend of customization are some of the major factors driving the market. However, factors such as lack of skilled personnel and technological constraints are hindering the growth of Retail Analytics market.

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Owing to high implementation rate of retail analytics solutions, North America is anticipated to appear as a prominent regional market due to the presence of sophisticated systems and high working capital at the disposal of several retailers in the region. Asia Pacific is expected to be the region with the peak growth due to the rising penetration of online shopping and Social media.

Some of the key players in the global Retail Analytics market are Microsoft Corporation, SAP, IBM, Oracle, SAS Institute, Tableau Software, Adobe Systems, Microstrategy , Computer Sciences Corporation, Qlik, Information Builders, Vitria, GE, Splunk, Experian and Angoss Software.

Functions of Retail Analytics Covered:

Customer Analytics
Customer acquisition
Customer loyalty and retention
Web analytics
Others

Demand creation and supply chain analytics
Inventory Planning
Demand Forecasting
Product flow Optimization
Others

Marketing Analytics
Marketing Mix
Brand Reputation
Channel Optimization
Others

Merchandizing and Planning
Store Localization
Product Pricing and elasticity analysis
Space Optimization
Out of stock analysis
Others

Services Covered:
Professional Services
Support and maintenance

Solutions Covered:
Mobile Applications
Reporting & Visualization Tools
Analytical Tools
Others

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The market study, estimation, and market sizing have been done utilizing a combination of top-down and bottom-up approaches. Revenue shares, service offerings and contact information of each of the companies has also been stated with maximum details. With the help of these details, a to the point overview of the competitive landscape of the market is covered in the report, expected to give the readers a clear idea of strategies that are providing most promising returns to companies.

Leading market players and manufacturers are studied to help give a brief idea about them in the report. The challenges faced by them and the reasons they are on that position is explained to help make a well informed decision. Competitive landscape of Retail Analytics market is given presenting detailed insights into the company profiles, developments, merges, acquisitions, economic status and best SWOT analysis.

Upon attainment of the overall market size, the investigators were able to divide the market into dissimilar subdivisions for its better understanding. Segmentation of the report served as the foundation for understanding the development of Retail Analytics market in a global arrangement. Authenticated data is presented to uphold every disagreement. As a result, analysts have come to an impartial assumption of market developments.

Table of Contents (TOC)

Global Retail Analytics Market Research Report Forecast 2023

Chapter 1:- Retail Analytics Market Overview

Chapter 2:- Economic Impact on Industry

Chapter 3:- Production, Business Opportunities with Potential Analysis

Chapter 4:- Rising Trends and New Technologies with key players

Chapter 5:- Manufacturing Cost Analysis

Chapter 6:- Technology Progress, Development Process and Downstream Buyers

Chapter 7:- Marketing Strategy Analysis, Distributors/Traders

Chapter 8:- Market Share by Key Countries in These Regions

Chapter 9:- Show the Market by Type and Application, With Sales Market Share and Growth Rate

Chapter 10:- Appendix and Data Source

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