The retail cloud market size is expected to reach USD 109.98 Billion in 2028 and register a CAGR of 21.1% during the forecast period, according to latest analysis by Emergen Research. Factors such as numerous benefits provided by retail cloud over conventional retailing, rapid technological advancements which offers a wide range of applications, and rise in e-commerce sectors are driving market revenue growth.
With the emergence of cloud-based technologies, the retail industry is adopting more advanced solutions. Cloud computing allows end-users to utilize a network of remote servers hosted over the Internet to host, store, and manage data.
Retail organizations and retailers can move their business applications and infrastructure resources to the different service platforms of cloud such as Software as a Service (SaaS), Platform as a Service (PaaS), and Infrastructure as a Service (IaaS) to gain advantages in terms of speed, security, and agility. Cloud computing provides features for activities such as Supply Chain Management (SCM), customer management, merchandising, workforce management, reporting and analytics, data security, Omni-channel, and others. Cloud computing brings opportunities to the retail industry that not only helps increase consumer demand but enables ease of management. Integrating cloud computing services in the retail sector not only reduces IT costs, but also simplifies workflow, improves efficiency, enhances profitability, improves data security, and enhances end-user experience.
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The major companies Covered in the report are:
Oracle Corporation, Cisco Systems, Inc., SAP SE, International Business Machines Corporation, Microsoft Corporation, Fujitsu Limited, Infor, Inc., Epicor Software Corporation, JDA Software Group, Inc., Syntel, Inc
Highlights of Global Retail Cloud Market Report
- Examines the Retail Cloud industry prospects and quickly compares historical, current, and projected market figures.
- This report examines growth constraints, market drivers and challenges, and current and prospective development prospects.
- Key market participants are evaluated based on various factors, including revenue share, price, regional growth, and product portfolio, to demonstrate how market shares have changed in the past and are expected to change in the future.
- Describes the expansion of the global high purity isobutylene market across various industries and geographies. This allows players to concentrate their efforts on regional markets with the potential for rapid growth shortly.
- Discuss the global, regional, and national ramifications of COVID-19.
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The report comprises an exhaustive overview of the Retail Cloud market, focusing on its leading players and their lucrative business expansion initiatives. It provides the reader with essential conclusive data and information concerning the Retail Cloud market’s growth, assessed on both regional and global levels. Hence, the sample copy of the ‘Global Retail Cloud Market’ research report is inclusive of a brief analysis of the Retail Cloud industry, the competitive landscape, regional overview, technological innovation, and future market developments, which are based on a practical research methodology.
Segments Covered in this report are:
- Solution Outlook (Revenue, USD Billion; 2018-2028)
- Supply Chain Management
- Customer Management
- Merchandizing
- Workforce Management
- Reporting and Analytics
- Data Security
- Omni-Channel
- Others
- Service Outlook (Revenue ,USD Billion; 2018-2028)
- SaaS
- PaaS
- IaaS
- Deployment Outlook (Revenue, USD Billion; 2018-2028)
- Public Cloud
- Private Cloud
- Hybrid Cloud
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Geographical Scenario:
The global Retail Cloud market has been categorized into several important geographical regions. In this section, authors of the report have studied the presence of the global Retail Cloud market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East Africa
Reasons for Doing This Study
This study provides critical information on the global market’s current size and projected growth for Retail Cloud and its related industries. It also discusses geography’s market characteristics, significant suppliers, consumer preference trends, and market prospects. As many countries are in a recession, firms are attempting to weather the storm by limiting unanticipated losses and spending related to the Retail Cloud market.
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About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trend’s existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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