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Global Retail Cloud Market 2021 Recent Study including Growth Factors, Applications, Regional Analysis, Key Players and Forecasts

Retail Cloud

The report focuses on the favorable Global “Retail Cloud market” and its expanding nature. The Retail Cloud market report provides a comprehensive study of the market segmentation, service providers, stockholders, sponsors, and important market players, size, and share, market dynamics such as the growth drivers, restraints, challenges, and opportunities.

Market Overview:

  • The global retail cloud market was valued at USD 17.09 billion in 2018 and is anticipated to register a CAGR of 17.7% over the forecast period (2019-2024). The retail industry is undergoing tremendous change, and the business environment has become a truly multi-channel world. The increased volume of data that needs to be processed, to make crucial decisions, especially in deducing and utilizing the marketing and merchandising analytics, has prompted the demand for the cloud in the retail market.
  • – The retail market is mature and highly competitive across the developed economies of and North America. On the other hand, the developing economies of Asia-Pacific, Middle East, and Latin America have been instrumental in driving the market’s growth, due to the increasing consumer purchasing powers, especially in China, India, and Saudi Arabia, among others
  • – The growing application of big data and analytics in the retail segment is expected to drive the shift toward data-driven model, primarily by expanding the types of data that can be analyzed and enhancing the level of sophistication of the resulting insight. This is expected to improve the management areas of e-commerce, which, in turn, decreases the gap between insight and action.
  • – Online channels are gaining immense popularity as the mode of transaction. Furthermore, companies are focusing on launching systems and protocols that ensure complete safety and efficiency.

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    Key Manufacturers

  • Cisco Systems Inc.
  • DXC Technology
  • Epicor Software Corporation
  • Fujitsu Limited
  • Infor Inc.
  • IBM Corporation
  • JDA Software Group Inc.
  • Microsoft Corporation
  • Oracle Corporation
  • RapidScale Inc.
  • Retailcloud
  • SAP SE

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    Retail Cloud market report focuses on the latest trends in the global and regional spaces on all the significant components, including the capacity, cost, price, technology, supplies, production, profit, and competition. Moreover, the old data and present development of the Retail Cloud market have been given in the scope of the report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Retail Cloud market have also been involved in the study.

    Scope of the Report:

  • Retail cloud enhances the operational productivity which spares costs is ready to build the selection of retail cloud arrangements. Retail cloud arrangements enhance the shopping background with associated shopping crosswise over channels, adaptable returns, advanced administrations, customized connection over the esteem chain, coordinated promoting and steady understanding.

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    TOC of Retail Cloud Market Report Covered:

    Introduction, Research Methodology, Executive Summary, Key Inferences, Market Overview, Retail Cloud market Dynamics, Market Segmentation, Competitive Landscape, Key Players, Future of the Market, and continued…

    Reasons to Purchase Retail Cloud Market Report Covered:

    • The report analyses how Retail Cloud market will grow in the future.
    • Analyzing various perspectives of the Retail Cloud market with the help of Porter’s five forces analysis.
    • Study on the product type that is expected to dominate the market and regions that are expected to witness the fastest growth during the forecast period
    • Recognize the new developments, Retail Cloud market shares and policies employed by the major market players.
    • Competitive landscape including the Retail Cloud market share of major players along with the key policies accepted for development in the past five years
    • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major Retail Cloud market players

    Key Market Trends:

    WorkForce Management to Hold Significant Growth

    – Retail cloud workforce management applications are evolving due to the high demand for consumer-grade technology and retailer interest in advanced intelligent automation to empower the digital business.
    – Various companies are investing in retail workforce management, which has opened a door for endless opportunities to maximize retail operations by eliminating administrative tasks and collecting more profitable data. This allows the workforce to place more focus on sales and in-store operations, ultimately, by providing end users with the best shopping experience.
    – For instance, in October 2018, H&M partnered with Convo for workforce management, to educate and connect H&M workers by using Convo’s platform that offers task management and chat apps techniques. This retail social collaboration platform provides additional social media feed, like an option that allows workers to connect in real time.
    – Retail cloud workforce management further helps reduce the churn and meet expectations for shorter waiting periods and first-contact resolution. Different workforce management software provides different valuable insights to staff the right number of agents with the appropriate skill sets for rapid resolutions.

    North America to Hold Major Share

    – North America is one of the largest markets for the retail cloud. The huge market in the region is attributed to the rapid shift of the retailers toward e-commerce industry.
    – The retail market in North America is growing at a fast pace, with retail trade, accounting for more than 10% of the GDP in both the and Canada. The retail market in North America is one of the biggest with Wal-Mart, Costco, Kroger, The Home Depot, and Target having their origins from this region.
    – Online shopping is growing in the region with more and more retailers opting to sell/offer their products through online mediums. To sustain the intense competition in the industry, many of the retailers are seeking to provide a personalized experience, for which they are employing retail analytics.
    – Moreover, the region has a strong foothold of connected retail market providers, which are anticipated to drive the market in the region. Some of the players in the market of the segment are IBM Corporation, Microsoft Corporation, Cisco Systems Inc., and Google.

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    Study objectives of Retail Cloud Market Report:

    • To provide a detailed analysis of the market structure along with the Retail Cloud market forecast of various segments and sub-segments of the Retail Cloud market
    • To provide insights into factors influencing and affecting market growth
    • To provide historical, current, and forecast revenue of market segments based on material, type, design, and end user
    • To provide historical, current, and forecast revenue of market segments and sub-segments with respect to regional markets and key countries
    • To provide strategic profiling of key players in the market, comprehensively analyzing their market shares, core competencies, and drawing a competitive landscape for the market
    • To provide economic factors, technology and Retail Cloud market trends that influence the global Retail Cloud market

    Detailed TOC of Retail Cloud Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Shift toward Omnichannel Experience in the Retail Industry
    4.3.2 Growing Adoption of IoT in the Retail Industry
    4.4 Market Restraints
    4.4.1 Vulnerability toward Cyber Attacks
    4.5 Industry Attractiveness – Porter’s Five Force Analysis
    4.5.1 Threat of New Entrants
    4.5.2 Bargaining Power of Buyers/Consumers
    4.5.3 Bargaining Power of Suppliers
    4.5.4 Threat of Substitute Products
    4.5.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Type
    5.1.1 Solution
    5.1.1.1 Supply-chain Management
    5.1.1.2 Customer Management
    5.1.1.3 Merchandizing
    5.1.1.4 Workforce Management
    5.1.1.5 Reporting and Analytics
    5.1.1.6 Other Solutions
    5.1.2 Service
    5.2 By Deployment
    5.2.1 Public Cloud
    5.2.2 Private Cloud
    5.2.3 Hybrid Cloud
    5.3 Geography
    5.3.1 North America
    5.3.2
    5.3.3 Asia Pacific
    5.3.4 Latin America
    5.3.5 Middle East and Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Cisco Systems Inc.
    6.1.2 DXC Technology
    6.1.3 Epicor Software Corporation
    6.1.4 Fujitsu Limited
    6.1.5 Infor Inc.
    6.1.6 IBM Corporation
    6.1.7 JDA Software Group Inc.
    6.1.8 Microsoft Corporation
    6.1.9 Oracle Corporation
    6.1.10 RapidScale Inc.
    6.1.11 Retailcloud
    6.1.12 SAP SE

    7 INVESTMENT ANALYSIS

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

    Contact Us:

    Name: Ajay More

    Phone: US +14242530807/ UK +44 20 3239 8187

    Email: [email protected]

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