Rising social media utility with increased demand for consumer analytics is expected to be a key factor driving the overall market.
For More Information Visit - http://www.grandviewresearch.com/industry-analysis/retail-analytics-market
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Retail Analytics Market Analysis, Size, Share, Growth To 2022 by Grand View Research, Inc.
1. Retail Analytics Market Analysis, Market Size, Application
Analysis, Regional Outlook, Competitive Strategies And
Forecasts, 2015 To 2022
The retail analytics market is anticipated to witness considerable growth over the
forecast period on account of its increasing use across various end-use industries
such as entertainment, utilities, consumer goods and transportation. Major factors
driving the market include increasing m-commerce adoption, continuous rise in
Big Data, and proliferation of smartphone application technology. Increasing
demand for retail analytics in inventory management and planning, customer
purchasing monitoring are some of the other factors which are expected to drive
retail analytics market. Rising social media utility with increased demand for
consumer analytics is expected to be a key factor driving the overall market.
For More Information on "Retail Analytics Market Research Reports" visit -
http://www.grandviewresearch.com/industry-analysis/retail-analytics-market
2. Various retail analytics vendors offer high end solutions such as visualization
tools, mobile applications, analytics software and data management software.
These solutions are cater to number of enterprise level business functions such as
inventory management, cluster planning, space planning, customer segmentation,
optimization and campaign management. However, lack of technical expertise and
unavailability of standardization may hamper retail analytics market growth.
Technological advancement into this sector is expected to increase demand for
retail analytics over the forecast period. The solutions provided can be utilized to
track down customer purchasing behavior and in return provide enhanced user
experience which is considered to be a key opportunity for the retail analytic
market. The retail analytics solutions for mortar and traditional houses are also
useful for area optimization and planning, inventory management and cluster
planning.
3. The retail analytic market can be segmented on the basis analytics software,
solutions, services, business functions, deployments, data management software,
visualizing tools and mobile applications. On the basis of services, the market
includes professional services & support and maintenance services. Based on the
deployment, the market can be bifurcated into deployment models such as on-
premise deployment and cloud deployment. The retail analytics market can be
segmented on the basis of solutions, into analytics software, mobile applications,
visualization tools, reporting, and data management software.
North America is the expected to be the dominant market over the forecast period.
Retail analytics adoption rate is expected to rise in Asia Pacific owing to increasing
digitalization and Omni-channel marketing.
Key players in the retail analytic market include Oracle, SAP AG, SAS institute,
IBM, Adobe System and IBM.
4. Request TOC of “Retail Analytics Market Research Reports" visit -
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market/request-toc
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research reports,
and consulting services. To help clients make informed business decisions, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals, materials,
healthcare and energy.
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