Market Overview

Global Internet of Things in Retail Market Analysis, Growth, Trends & Forecast 2018-2023, With an Expected CAGR of 20.16% -


The "Global
Internet of Things in Retail Market - Segmented by Component (Hardware,
Software), Services (Managed, Professional), and Region - Growth,
Trends, and Forecast (2018 - 2023)"
report has been added to's

The global Internet of Things in the retail market was valued at USD
18.53 billion in 2017 and is expected to reach USD 57.28 billion by 2023
witnessing a CAGR of 20.16% during the forecast period of 2018-2023.

Internet of Things helps in connecting various smart devices to ease the
operation and sharing of data among peers. There are various smart
devices such as sensors, smartphones, and wearables, which collect data
from the devices that can be utilized to enhance customer's experience.

The adoption of cloud platform is on the rise owing to the ease of
storage and sharing with diverse set of people. Furthermore, it offers
high security from natural disasters and data loss, which is likely to
boost the market over the next six years. The downtime in traditional
storage can increase owing to hardware maintenance, whereas cloud offers
comparatively less downtime, owing to which, it is highly preferred over
its counterpart.

The rising influx of technology companies coupled with increasing
investment in the region is expected to propel the market growth rate.
Moreover, the government of various countries in the region are focusing
majorly on Internet of Things (IoT) in order to enhance the operations
and to develop the nation. This is projected to fuel the market over the
next six years.

Companies Mentioned

  • Amazon Web Services Inc.
  • ARM Holdings PLC
  • Bsquare
  • Carriots
  • Cisco Systems Inc.
  • Freescale Semiconductor Inc.
  • Google Inc.
  • Happiest Minds
  • IBM
  • Intel Corporation
  • Microsoft Corporation
  • PTC Inc.
  • SAP SE
  • Zebra Technologies

Key Topics Covered:

1. Introduction

2. Research Approach and Methodology

3. Executive Summary

4. Market Dynamics

5. Technology

6. Market Segmentation

7. Competitive Intelligence - Company Profiles

8. Company Market Share

9. Future of the Market

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