Retail Intelligence Market Size, Technology Insights and Forecast Report by 2027


Posted October 9, 2020 by pankajrathi

Increase in internet penetration is the key driving factor which is expected to boost the global retail intelligence market growth.
 
Retail intelligence solutions are helpful to marketers for measuring the impact of their retail-delivered marketing campaigns. This technology streamlines the customer data generated in retail and creates usable insights for retailers and marketers. It offers variety of solution like Pricing Intelligence, Competitive Intelligence, Assortment Intelligence, Promotional Insights, Geomarketing, Retail Analytics, and Others.

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For a better understanding of the Retail intelligence market, a better grip over the macroeconomic and microeconomic factors are needed as they are impacting the market towards progress. Those factors can ensure a swift helming of the market by rough patches of economic crisis and help in averting plummeting results. With real-time data, the report captures the essence of the market and provides a close reading of demographic changes. Report would assist key players in assessing growth opportunities and optimally use resources provided by growth pockets.

Market Drivers
Increase in internet penetration is the key driving factor which is expected to boost the global retail intelligence market growth. Furthermore, increase in technological advancements like artificial Intelligence, and Machine Learning will have the positive impact on market growth. Moreover, Increase in use of data-intensive platforms and rapid adoption of social media will fuel the market growth in near future. Also, rise in inclination of vendors toward merging in-store and digital operations will propel the market growth.

Market Restraints
However, high initial setup cost is the major restraining factor which is expected to hamper the global retail intelligence market growth. Also, lack of skilled personnel will affect the market growth.

Market Key Players
Various key players are discussed in this report such as Trax Retail, Retail Solutions, Inc., Upstream Commerce, DataWeave Software Pvt. Ltd., TC Group Solutions, ShopperTrak, Streetspotr GmbH Wiser Solutions, Inc, Springboard and EnsembleIQ.

Market Taxonomy
By Solution
• Pricing Intelligence
• Competitive Intelligence
• Assortment Intelligence
• Promotional Insights
• Geomarketing
• Retail Analytics
• Others
By Store Type
• Online Stores
• Offline Stores
By End Use
• Grocery Stores
• Convenience Stores
• Appareal & Footwear
• Mass Merchant
• Automotive
• Computer
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

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QualiKet Research is a leading Market Research and Competitive Intelligence partner helping leaders across the world to develop robust strategy and stay ahead for evolution by providing actionable insights about ever changing market scenario, competition and customers. QualiKet Research is dedicated to enhancing the ability of faster decision making by providing timely and scalable intelligence. We use different intelligence tools to come up with evidence that showcases the threats and opportunities which helps our clients outperform their competition.

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Issued By qualiket research
Country India
Categories Business , Industry , Retail
Tags retail intelligence market
Last Updated October 9, 2020