Retail Analytics Market Key Players are: IBM, SAP SA, Qlik, Angoss, Adobe, SAS Institute, and Tableau Software
An inherent shift of dynamics has been observed in the deployment of predictive analytics lately. This type of analytics basically entails guesswork regarding consumer behavior and choices and has proved to be fairly successful in retail analytics industr
(EMAILWIRE.COM, August 09, 2018 ) Market Overview:-
Retail Analytics Market size was over USD 3 billion in 2016 and is predicted to grow at around 19% CAGR from 2017 to 2024. One of the latest trends proliferating Retail Analytics Market is that of multiple operational channels. Or, as the experts say so – omni-channels. The technique has brought about a modest amount of consolidation in retail analytics industry, surreptitiously eliminating supply chain chaos and location glitches. While global markets have been attempting to emulate high-grade technology and big data analytics, the retail sector has quietly been engaging with omni-channels to entice more customers, keep them continually engaged, draw data from a stream of sources, and bring about extensive social engagement to trigger a better understanding among consumers regarding the distribution chain.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/319
This initiative fosters the deployment of efficient analytics, which will ultimately usher in a new dawn for retail analytics market. The extensive reach of the retail business, in conjunction with the steadfastly developing e-commerce sector, is also certain to act as a catalyst to Retail Analytics Market, which, as per experts, is forecast to cross a valuation of USD 13 billion by 2024.
Top Key Players:-
The industry vendors include Angoss Software, Adobe Systems, IBM Corporation, SAP SA, Qlik Technologies, Inc., SAS Institute, and Tableau Software, etc. The industry is characterized by a high degree of competition. The companies adopt strategies such as mergers & acquisitions and new product launches to expand their client base.
Market share calculation in this report is not done based on companies covered in it. The calculation of retail analytics market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
Regional Segmentations: -
The U.S. retail analytics market is expected to witness high demand, on account of the rising e-commerce penetration in the region. According to the National Retail Federation, the ecommerce sector in the U.S. is expected to grow at a rate of 8% to 12% in 2017. Furthermore, high adoption rate of advanced technologies and growing need to provide a differentiated customer experience is expected to drive the regional growth.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/319
Partial Chapter of the Table of Content
Chapter 1. Methodology and Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Definition and forecast parameters
1.2. Data Sources
1.2.1. Primary
1.2.2. Secondary
Chapter 2. Executive Summary
2.1. Retail analytics industry 3600 synopses, 2013 - 2024
2.1.1. Business trends
2.1.2. Regional trends
2.1.3. Solution trends
2.1.4. Function trends
2.1.5. Deployment trends
Chapter 3. Retail Analytics Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.4. Technology landscape
3.4.1. Advanced Analytics
3.4.2. Transactional
3.4.3. Collaborative
3.4.4. Trade Promotion Optimization (TPO)
3.4.5. Optimization & collaboration
3.5. Retail industry outlook
3.5.1. North America
3.5.2. Europe
3.5.3. Asia Pacific
3.5.4. Latin America
3.5.5. MEA
3.6. Regulatory landscape
3.6.1. U.S.
3.6.2. EU
3.6.3. China
3.7. Industry impact forces
3.7.1. Growth drivers
3.7.1.1. Growing e-commerce industry in China and India
3.7.1.2. Increasing penetration of big data in the retail industry in the U.S.
3.7.1.3. Growing proliferation of smartphones in Asia Pacific
3.7.1.4. Increasing competition among retailers and growing need for differentiation in North America
3.7.1.5. New generation of highly informed and demanding customers in Europe
3.7.1.6. Growing need for analytics maturity in Asia Pacific
3.7.1.7. Growing adoption of ecommerce in retail in Latin America
3.7.1.8. Expanding retail sector in Middle East and Africa
3.7.2. Industry pitfalls & challenges
3.7.2.1. Lack of technical expertise
3.7.2.2. Data privacy concerns
3.8. Growth potential analysis
3.8.1. Business models
3.9. Porter's analysis
3.9.1. Supplier power
3.9.2. Buyer power
3.9.3. Threat of new entrants
3.9.4. Threat of substitutes
3.9.5. Internal rivalry
3.10. Competitive landscape, 2016
3.10.1. Strategy dashboard
3.11. PESTEL analysis
Browse Full Report @ https://www.gminsights.com/industry-analysis/retail-analytics-market
What can be deduced from this transformative trend is that the retail sector has been on the lookout for novel technologies to forge a connection with consumers. In order to be a part of this ever-changing spectrum, it is essential for retailers to bring about a change in their outlook to create value. This modified school of thought is certain to usher in a unique speculation of sorts for retail analytics market giants, who have been bending over backwards to codify a new set of advanced solutions for the retail sector. Inadvertently, it is expected that their efforts will bear fruit, and retail analytics market will establish new frontiers of growth in the years ahead.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Retail Analytics Market size was over USD 3 billion in 2016 and is predicted to grow at around 19% CAGR from 2017 to 2024. One of the latest trends proliferating Retail Analytics Market is that of multiple operational channels. Or, as the experts say so – omni-channels. The technique has brought about a modest amount of consolidation in retail analytics industry, surreptitiously eliminating supply chain chaos and location glitches. While global markets have been attempting to emulate high-grade technology and big data analytics, the retail sector has quietly been engaging with omni-channels to entice more customers, keep them continually engaged, draw data from a stream of sources, and bring about extensive social engagement to trigger a better understanding among consumers regarding the distribution chain.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/319
This initiative fosters the deployment of efficient analytics, which will ultimately usher in a new dawn for retail analytics market. The extensive reach of the retail business, in conjunction with the steadfastly developing e-commerce sector, is also certain to act as a catalyst to Retail Analytics Market, which, as per experts, is forecast to cross a valuation of USD 13 billion by 2024.
Top Key Players:-
The industry vendors include Angoss Software, Adobe Systems, IBM Corporation, SAP SA, Qlik Technologies, Inc., SAS Institute, and Tableau Software, etc. The industry is characterized by a high degree of competition. The companies adopt strategies such as mergers & acquisitions and new product launches to expand their client base.
Market share calculation in this report is not done based on companies covered in it. The calculation of retail analytics market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
Regional Segmentations: -
The U.S. retail analytics market is expected to witness high demand, on account of the rising e-commerce penetration in the region. According to the National Retail Federation, the ecommerce sector in the U.S. is expected to grow at a rate of 8% to 12% in 2017. Furthermore, high adoption rate of advanced technologies and growing need to provide a differentiated customer experience is expected to drive the regional growth.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/319
Partial Chapter of the Table of Content
Chapter 1. Methodology and Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Definition and forecast parameters
1.2. Data Sources
1.2.1. Primary
1.2.2. Secondary
Chapter 2. Executive Summary
2.1. Retail analytics industry 3600 synopses, 2013 - 2024
2.1.1. Business trends
2.1.2. Regional trends
2.1.3. Solution trends
2.1.4. Function trends
2.1.5. Deployment trends
Chapter 3. Retail Analytics Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.4. Technology landscape
3.4.1. Advanced Analytics
3.4.2. Transactional
3.4.3. Collaborative
3.4.4. Trade Promotion Optimization (TPO)
3.4.5. Optimization & collaboration
3.5. Retail industry outlook
3.5.1. North America
3.5.2. Europe
3.5.3. Asia Pacific
3.5.4. Latin America
3.5.5. MEA
3.6. Regulatory landscape
3.6.1. U.S.
3.6.2. EU
3.6.3. China
3.7. Industry impact forces
3.7.1. Growth drivers
3.7.1.1. Growing e-commerce industry in China and India
3.7.1.2. Increasing penetration of big data in the retail industry in the U.S.
3.7.1.3. Growing proliferation of smartphones in Asia Pacific
3.7.1.4. Increasing competition among retailers and growing need for differentiation in North America
3.7.1.5. New generation of highly informed and demanding customers in Europe
3.7.1.6. Growing need for analytics maturity in Asia Pacific
3.7.1.7. Growing adoption of ecommerce in retail in Latin America
3.7.1.8. Expanding retail sector in Middle East and Africa
3.7.2. Industry pitfalls & challenges
3.7.2.1. Lack of technical expertise
3.7.2.2. Data privacy concerns
3.8. Growth potential analysis
3.8.1. Business models
3.9. Porter's analysis
3.9.1. Supplier power
3.9.2. Buyer power
3.9.3. Threat of new entrants
3.9.4. Threat of substitutes
3.9.5. Internal rivalry
3.10. Competitive landscape, 2016
3.10.1. Strategy dashboard
3.11. PESTEL analysis
Browse Full Report @ https://www.gminsights.com/industry-analysis/retail-analytics-market
What can be deduced from this transformative trend is that the retail sector has been on the lookout for novel technologies to forge a connection with consumers. In order to be a part of this ever-changing spectrum, it is essential for retailers to bring about a change in their outlook to create value. This modified school of thought is certain to usher in a unique speculation of sorts for retail analytics market giants, who have been bending over backwards to codify a new set of advanced solutions for the retail sector. Inadvertently, it is expected that their efforts will bear fruit, and retail analytics market will establish new frontiers of growth in the years ahead.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Information:
Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
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Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results