The global big data analytics in retail market reached a market size of USD 4.56 Billion in 2020 and is expected to register a robust CAGR of 21.2% over the forecast period, according to latest analysis by Emergen Research. Growing need to enhance customer experience with personalized offerings in the retail industry is among some of the key factors expected to drive growth of the global big data analytics in retail market during the forecast period. Retail businesses analyze in-store surveillance recordings and data from sensors to enhance consumer experience.
Key market players include
Oracle Corporation, Zoho Corporation, SAP SE, Qlik Technologies Inc., International Business Machines Corporation, Retail Next Inc., Salesforce.com Inc., Microstrategy Inc., Alteryx Inc., and Fuzzy Logix LLC.
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The global big data analytics in retail market report focuses on various national and international business development prospects, as well as competitive terrains of the worldwide market. The market size estimation and forecasts detailed in this report are based on a thorough research methodology and are tailored according to the different conditions that create the demand for the global market. The study of the historical background of the global market demand has been conducted, keeping in mind all the organic and inorganic innovations introduced in the market. Therefore, the latest report offers precise estimates of the global market size over the projected period, and further include the primary factors influencing the growth in global market demand.
Emergen Research has segmented the global big data analytics in retail market on the basis of component, deployment, application, and region.
- Component Outlook (Revenue, USD Billion; 2021–2028)
- Deployment Outlook (Revenue, USD Billion; 2021–2028)
- Application Outlook (Revenue, USD Billion; 2021–2028)
- Customer Analytics
- Sales & Marketing Analytics
- Merchandising Analytics
- Supply Chain Operations Management
- Social Media Analytics
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Key Coverage of the Report:
- Detailed scrutiny of the latest market trends, including drivers, opportunities, threats, constraints, challenges, and future investment prospects
- Market segmentation by deployment type, authentication type, component, organization size, industry vertical
- Regional and country-wise market size estimation for the forecast period (2019-2027)
- Pricing strategies of the regional market players
- Demand & supply gap analysis
- Competitive landscape analysis
- Market share analysis of the top market players
- Strategic recommendations for new market entrants
- Company profiling of the leading market players
- Brief summary of the key strategies, financial positions, and recent developments of the leading companies
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