Asia Connected Retail Solutions Market trend 2023


Posted July 19, 2019 by shraddhaaark

The Asia connected retail solutions market is expected to expand at a CAGR of 25.2% during the 2018-2023 period, owing to the rapid adoption of the Internet of Things (IoT), and the huge surge in online shopping.

 
Aarkstore Enterprise announced latest Market Research Report Titled " Asia Connected Retail Solutions Market trend 2023"

Based on application segment insights:

Growing investments to digitize the supply chain process, adoption of omnichannel strategies to integrate both online and offline customer experience, and technological innovations such as IoT, AI, Big Data and blockchain will drive profitability of the market. The supply chain management (SCM) segment will drive a high CAGR (33.1%) during the forecast period. Close on its heels will be the Business Analytics/Business Intelligence segment, anticipated to expand at a CAGR of 25%.

Based on country insights:

In 2018, China represented the largest market share, accounting for 66% of Asia’s connected retail solutions market revenue. China’s mega corporations, Alibaba and Tencent, have heralded the era of digital retail by forging partnerships and pursuing acquisitions and organic business creation strategies to introduce a shared retail ecosystem for customers. However, India is anticipated to expand at the highest CAGR during the forecast period owing to its huge smartphone penetration and the presence of diversified digital payment modes.

key highlights:

Asia Connected Retail Solutions Market definitions
Asia Connected Retail Solutions Market Overview
Market scope and segmentation
Market drivers and challenges
Supply Chain Management
Customer Relationship Management

Companies covered:
• Cisco Systems
• Inte
• IBM
• Microsoft
• Samsung Electronics

About Aarkstore Enterprise

Aarkstore curates global market research reports from various industry verticals and serves businesses worldwide. As market research report resellers, we at Aarkstore, partner with established publishers for both; syndicated data and customized reports. The market research data supplied by us is up-to-date and reliable for current day industry analysis and future market forecasts equally.

Avail Market Research Reports from us and gathers critical information about customer preferences, market requirements, key drivers and challenges for your business to align your strategies with them. The comprehensive overview of the market provided will allow you to make insight-driven decisions giving you an upper hand in the competitive landscape.

For more details visit: https://www.aarkstore.com/technology/1654553/asia-connected-retail-solutions-market

Category: Technology Market Research
Aarkstore Enterprise
+91 9987295242 | [email protected] | www.aarkstore.com
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Categories Reports , Research , Retail
Tags asia connected retail solutions market , connected retail solutions market , connected retail solutions market research
Last Updated July 19, 2019