Smart Retail comprises of a bundle of amalgamated technologies, which give safer, smarter and faster shopping experience. The smart retail market is a solution for retailer shops, as retailers are facing so many problems in terms of customer visits; despite having their respective websites and mobile apps, retailers often find it difficult to convince the customer to visit the outlet. Smart retailing improves customer visiting shop experience with features like indoor navigation, smart shelves etc. Smart retail brings profitable outcomes for the retailer.

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Various notable players operating in the market include Intel Cooperation, IBM Cooperation, Microsoft Cooperation, Google, NVIDIA, Amazon Web Services, Samsung Electronics, CISCO Systems, Par Technology, and others. Many major players like Amazon, are focusing on IoT technology. Amazon started a new store named as Amazon Go, which requires no checkout as it detects automatically when products are taken from and returned to shelves and updates the virtual cart accordingly.

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The Global Smart Retail market has been segmented on the basis of Technology, application and key geographies. Based on Technology, the market is segmented into Wi-Fi, Smart Bluetooth, Zigbee, LAN etc. On the basis of application, the market is categorized into Robotics, Analytics, Smart Cart, Smart Payment Systems, Smart Labels, AR/VR, Visual Marketing, Indoor Marketing, Smart Vending Machine etc. Based on geographical region, North America, Europe, Asia Pacific and rest of the world.

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This research report “global smart retail market” provides in-depth analysis of the global smart retail market based on technology, application and major geographies for the forecast period from 2018 to 2025. The report also highlights the major market drivers propelling the growth as well as challenges faced by market participants. The research report provides market size and forecast for the global smart retail market. In addition, the report also analyses the competitive landscape, major players and their strategies in 2018. The competitive landscape section of the report captures and highlights the recent developments in the market.

Key questions answered in this research report

At what pace is the smart retail market growing? What will be the growth trend in the future?
What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
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What are the various application areas and how they are poised to grow?

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