Retail Cloud Market size was valued at USD 67.51 billion in 2024 and is anticipated to reach USD 640.81 billion by the end of 2037, registering around 18.9% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of retail cloud is assessed at USD 77.72 billion.
Increasing adoption by retailers of cloud computing services is a major factor behind this expansion because it provides them with cost-effective and efficient solutions for their activities. Cloud technology is able to meet the increasing needs for flexibility and scale in retail, which allows companies to rapidly adapt to changes in the market. Every day, the world produces 2.5 quintillion bytes of data. A multiple public or private cloud is used by 80% of organizations.
In addition, retailers are working to enhance the customer experience and engagement by using cloud-based systems that enable seamless interactions as well as personalized services. The adoption of cloud services, giving retailers the chance to gain valuable insight and make data-driven decisions that will improve performance is being fueled by an increasing importance for data analysis in retailing.
Author Credits: Abhishek Verma
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