Data Analytics Expected To Boost The Global Retail Market As Per TBRC’s Latest Report


Posted September 27, 2018 by aleemtbrc

The global retail market was valued at nearly $25 trillion in 2017. Asia Pacific was the largest region in the retail market in 2017, accounting for around 31% market share.

 
Retailers provide the service of making goods available to consumers in convenient quantities and locations. Retailing involves buying from wholesalers or direct from manufacturers, breaking bulk, displaying goods for sale either physically or online, and sometimes delivery. Wholesalers are independent organizations in the distribution channel that buy in bulk and sell to resellers rather than to consumers.

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https://www.thebusinessresearchcompany.com/report/retail-global-market-report-2018

The global retail market has shown decent growth in the past years with a CAGR of just over 4%. The year 2017 recorded highest ever market value in this industry as per TBRC’s inhouse consultants.

TBRC’s latest report show the historic and future trends in the market for each year with sourced reasons to support the growth claims.

The report also shows the retail market to grow at a higher CAGR by 2021 as compared to 2017, along with geographies best suited for investments with highest return rate.

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https://www.thebusinessresearchcompany.com/sample.aspx?id=24&type=smp

Many retailers are adopting a robust and cohesive strategy for data analytics in management. From running an efficient supply chain to streamlining operations to engaging customers and building loyalty, data has become critical for most retail operations. With the growing amount of retail data and the availability of technologies to analyze data it will become easier for retailers to identify and meet the needs and expectations of their customers.

TBRC’s latest report will cover in depth understanding and calculated impacts of each market factor on a global as well as regional level, to analyze the best investment strategy for this market.

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Companies included in the report are Wal-Mart, Costco, Kroger, Amazon Inc. and Home Depot.

About The Business Research Company.

The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.

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Americas: +1 315 623 0293

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Contact Email [email protected]
Issued By Aleemuddin
Phone 02071930708
Business Address The Business Research Company,
www.thebusinessresearchcompany.com
Country United Kingdom
Categories Business , Computers , Technology
Tags department stores , general merchandise stores , market report , retail global market report , specialty retailers market report
Last Updated September 27, 2018