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Retail Analytics Market Analysis

  • Report ID: 4361
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

Retail Analytics Market Analysis

Deployment Model (On-Premise, Cloudand Hybrid)

The globalretail analytics market is segmented and analyzed for demand and supply by deployment model segment into on-premise cloudand hybrid. Amongst these segments, the cloud segment is anticipated to garner the largest revenue by the end of 2037, backed by the growing use of cloud services along with the surge in the spending on cloud services infrastructureworldwide. For instance,in 2021, more than USD 41 billion were spent on cloud services infrastructure globally.

Our in-depth analysis of the global market includes the following segments:

        By Type
  • Descriptive Analytics
  • Diagnostic Analytics
  • Predictive Analytics
  • Prescriptive Analytics

         By Solution
  • Software
  • Services

         By Deployment Model
  • On-Premises
  • Cloud
  • Hybrid

 

 

           By Functions
  • Supply Chain Management
  • Customer Management
  • Inventory Management
  • Merchandising
  • Strategy & Planning
  • In-Store Operations
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Browse Key Market Insights with Data Illustration:

Author Credits:  Abhishek Verma


  • Report ID: 4361
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of retail analytics is evaluated at USD 10.03 billion.

The retail analytics market size was over USD 8.63 billion in 2024 and is projected to exceed USD 95.82 billion by the end of 2037, growing at over 20.1% CAGR during the forecast period i.e., between 2025-2037. Increasing retail sales with rise in retail e-commerce as well as increasing number of retail establishments along with surge in the retail spending on AI will propel the market growth.

North America industry is set to account for majority revenue share by 2037, driven by rising number of retail establishments in the region.

The major players in the market include Adobe Inc., Altair Engineering, Inc.(ANGOSS Software Corporation), HCL Technologies Limited, IBM Corporation, Information Builders, Inc., Microsoft Corporation, MicroStrategy Incorporated, Oracle Corporation, Bedrock Analytics Corporation, SAP.
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