Global Retail Analytics Market Size and Forecast

The Retail Analytics market size was valued at US$ 7.34 Bn. in 2022 and is projected to reach US$ 25.57 Bn. by 2029, growing at a CAGR of 19.5% during the forecast period.

Market Overview

This study aims to provide a comprehensive analysis of the Retail Analytics market segmented by component, application, industry, and geography. It delves into the primary factors driving the market's growth and offers an in-depth analysis of the market's value chain.

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Market Scope

The research methodology used to assess and forecast the Retail Analytics market begins with secondary research that gathers revenue data from key suppliers. Vendor offerings are considered when calculating market segmentation. The total size of the Retail Analytics market was estimated using the bottom-up method, based on the revenue of major enterprises.

Drivers

The report also discusses the major restraints and drivers impacting the Retail Analytics market.

Segmentation

For detailed segmentation

by Type

• Software
• Services
o Training Consulting
o Integration and Deployment
o Managed Services

by Deployment

• On-premise
• Cloud

by Enterprise Size

• SMEs
• Large Enterprises

by Application

• Customer Management
• Merchandising
• In-Store Operations
• Supply Chain
• Strategy Planning

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Key Players

The major players covered in the Retail Analytics market report are: 

• Microsoft Corporation (US)
• clickworker GmbH (US)
• Field Agent Inc (US)
• MicroStrategy Incorporated (US)
• Oracle Corporation (US)
• QlikTech International AB (US)
• Salesforce, Inc (US)
• SAS Institute Inc (US)
• Teradata Corporation (US)
• TIBCO Software Inc (US)
• Adobe Systems Incorporated (US)
• Altair Engineering Inc (US)
• IBM Corporation (US)
• Enhanced Retail Solutions (US)
• BeMyEye Holdings Ltd. (UK)
• Javelin Group (UK)
• SAP SE (Germany)
• Fit Analytics (Germany)
• Vemco Group (Denmark)
• HCL Technologies Limited (India)
• Wipro Limited (India)
• Fujitsu (Japan)
• Tapway (Malaysia)

Regional Analysis

Market share statistics are available for regions including Global, North America, Europe, Asia-Pacific, the Middle East, Africa, and South America. Analysts at Maximize evaluate competitive strengths and conduct individual competitor analysis for each market participant.

COVID-19 Impact Analysis on Retail Analytics Market

The COVID-19 pandemic has affected various industries, including aerospace and defense, agriculture, automobiles, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance. The pandemic has had a significant impact on the Retail Analytics market, influencing growth rates in 2019-2020. Our latest research, insights, and recommendations are crucial for businesses in the Retail Analytics industry navigating the COVID-19 crisis, helping them manage risk and digitize operations to provide trusted information and insights to CEOs.

Key Questions Answered in the Retail Analytics Market Report

• Which segment captured the largest share in the Retail Analytics market?
• What was the competitive scenario of the Retail Analytics market in 2020?
• What are the key factors driving the growth of the Retail Analytics market?
• Which region held the maximum share in the Retail Analytics market in 2020?

About Maximize Market Research

Maximize Market Research is a multifaceted market research and consulting firm with experts from various industries. Our coverage includes medical devices, pharmaceuticals, science and engineering, electronic components, industrial equipment, technology and communication, automotive, chemicals, general merchandise, beverages, personal care, and automated systems. We offer market-verified industry estimations, technical trend analysis, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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