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Retail Analytics Market Size, Share, Growth and Trends Analysis Report by Function, Enterprise Type, and Segment Forecasts, 2021 to 2026
Published Date: August 2021
|
Report Code: QYRE-Auto-9U1979
Home | Market Reports | Computers & Electronics | Enterprise Technology | Data Management
Global Retail Analytics Market Size Status and Forecast 2020 2026

Retail Analytics Market Size, Share, Growth and Trends Analysis Report by Function, Enterprise Type, and Segment Forecasts, 2021 to 2026

Code: QYRE-Auto-9U1979
Report
August 2021
128 Pages
QYResearch
Region: Global, North America,
Description
Table of Content
Tables & Figures

Retail Analytics Market Statistics 2026

The global Retail Analytics market size is projected to reach US$ 4517.3 million by 2026, from US$ 2471.1 million in 2019, at a CAGR of 9.0% during the forecast period 2021-2026. Because of its ability to evaluate the huge volumes of data entering the retail sector, retail analytics has gained substantial market momentum around the world. Today's retail environment is more dynamic than it was only a few years ago.
 
Most shops have begun to consider innovative ways to meet consumers' needs as a result of rising customer demands and the demand for one-click solutions. As a result, retail analytics has begun to gain traction among retailers as a means of generating actionable insights from consumer data.
 
Retail Analytics Market

What is the Retail Analytics Market?

The practice of delivering analytical data on inventory levels, supply chain movement, consumer demand, sales, and other factors that are critical for marketing and procurement choices is known as retail analytics. Demand and supply data analytics can be utilized to manage procurement levels as well as make marketing decisions. Retail analytics provides us with precise customer insights as well as insights into the organization's business and procedures, as well as the scope and need for development.

Retail Analytics Market Driving Factors

Personnel management, inventory management, pricing management, and a variety of other factors all have an impact on retail's overall efficiency. Retail analytics models can help enhance in-store operations and personnel efficiency, which can lead to increased revenue. This feature is, in turn, expected to increase the retail analytics market size.

Advanced technologies enable a variety of market objectives, including supplier control, consumer value, and increased revenue creation. 

Artificial intelligence (AI) and machine learning provide businesses with data that can help them increase revenue and enhance consumer satisfaction. AI, Big Data Analytics, and Machine Learning are likely to boost the retail analytics market size throughout the forecast period.

Retail Analytics Market Size

The retail analytics industry is predicted to grow due to the rising demand for cognitive computing. The analysis and data gathering on the cloud is ideal for merchandising analytics, predictive analytics, and other sorts of customer analytics. The strategies produced as a result of these analytics assist retailers in understanding long-term trends and making predictions.

Retail Analytics Market Share Analysis

Based on application, the Large enterprise's segment held the largest retail analytics market share, which took up about 74% of the US market in 2019, while about 81% in Russia.

During the forecast period, North America is estimated to have the highest share of the Retail Analytics Market. The presence of huge hypermarkets, supermarkets, and retail chains is credited with North America's dominance. Furthermore, continuous online purchasing trends in North America add to market growth. In 2019, about 80% of US market share was held by cloud-based retail analytics. 

In Italy and France, the use of cloud-based and economical retail solutions is driving European market growth. in Russia, the Cloud-based reatail analytics market share was a little over 75%.

During the forecast period, Asia Pacific (APAC) is predicted to grow rapidly. The participation of growing economies in this area will entice large merchants to engage in the company's regional expansion.

This report focuses on the global Retail Analytics status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Retail Analytics development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.

Major Key Players in the Retail Analytics Industry

  • IBM
  • Oracle
  • Microsoft
  • Manthan
  • Fujitsu
  • Information Builders
  • Microstrategy
  • SAP
  • Bridgei2i
  • SAS Institute
  • Qlik
  • 1010data
  • Angoss 

Retail Analytics Market Breakdown Data by Function

  • Merchandising Analysis
  • Pricing Analysis
  • Performance Analysis
  • Yield Analysis
  • Inventory Analysis

Retail Analytics Market Breakdown Data Enterprise Type

  • SMEs
  • Large Enterprises

Retail Analytics Market by Regions/Countries

  • North America
  • Europe
  • China
  • Japan
  • Southeast Asia
  • India
  • Central & South America

Scope of the Retail Analytics Market Report

Report Metric

Details

Report Name

Retail Analytics Market

The market size in 2019

USD 2471.1 Million

The revenue forecast in 2026

USD 4517.3 Million

Growth Rate

CAGR of 9.0% from 2021 to 2026

Base year considered

2019

Market size available for years

2021-2026

Forecast units

Value (USD)

Segments covered

Type, End-User, Offerings, and Region

Report coverage

Revenue & volume forecast, company share, competitive landscape, growth factors, and trends

Geographic regions covered

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

The Study Objectives are this Report is

  • To analyze global Retail Analytics status, future forecast, growth opportunity, key market, and key players.
  • To present the Retail Analytics development in North America, Europe, China, Japan, Southeast Asia, India, and Central & South America.
  • To strategically profile the key players and comprehensively analyze their development plan and strategies.
  • To define, describe and forecast the market by type, market, and key regions.

Frequently Asked Questions About This Report

1. How big is the retail analytics market?

Ans. The global retail analytics market size is projected to reach US$ 4517.3 million by 2026, from US$ 2471.1 million in 2019, at a CAGR of 9.0% during 2021-2026.

2. Who are the major key players in the retail analytics market?

Ans. Some key players operating in the retail analytics market are IBM, Oracle, Microsoft, Manthan, Fujitsu, Blue Yonder (formerly JDA), MicroStrategy, SAP, Bridgei2i

3. What would be the forecast period in the retail analytics market report?

Ans. The forecast period for the retail analytics market is 2021 to 2027.

4. Which is the most influencing segment growing in the global retail analytics market share?

Ans. Based on application, the Large enterprise's segment held the largest retail analytics market share, which took up about 74% of the US market in 2019, while about 81% in Russia.

5. What are the market drivers in the global retail analytics market?

Ans. Retail analytics models can help enhance in-store operations and personnel efficiency, which can lead to increased revenue. This feature is, in turn, expected to increase the retail analytics market size.

6. Which region dominated the global retail analytics market share?

Ans. During the forecast period, North America is estimated to have the highest share of the Retail Analytics Market

TABLE OF CONTENT

 

1 Report Overview

    1.1 Study Scope

    1.2 Market Analysis by Type

        1.2.1 Global Retail Analytics Market Size Growth Rate by Function: 2016 VS 2021 VS 2027

        1.2.2 Merchandising Analysis

        1.2.3 Pricing Analysis

        1.2.4 Performance Analysis

        1.2.5 Yield Analysis

        1.2.6 Inventory Analysis

    1.3 Market by Application

        1.3.1 Global Retail Analytics Market Share by Enterprise Type: 2016 VS 2021 VS 2027

        1.3.2 SMEs

        1.3.3 Large Enterprises

    1.4 Study Objectives

    1.5 Years Considered

 

2 Global Growth Trends

    2.1 Global Retail Analytics Market Perspective (2016-2027)

    2.2 Retail Analytics Growth Trends by Regions

        2.2.1 Retail Analytics Market Size by Regions: 2016 VS 2021 VS 2027

        2.2.2 Retail Analytics Historic Market Share by Regions (2016-2021)

        2.2.3 Retail Analytics Forecasted Market Size by Regions (2022-2027)

    2.3 Retail Analytics Industry Dynamic

        2.3.1 Retail Analytics Market Trends

        2.3.2 Retail Analytics Market Drivers

        2.3.3 Retail Analytics Market Challenges

        2.3.4 Retail Analytics Market Restraints

 

3 Competition Landscape by Key Players

    3.1 Global Top Retail Analytics Players by Revenue

        3.1.1 Global Top Retail Analytics Players by Revenue (2016-2021)

        3.1.2 Global Retail Analytics Revenue Market Share by Players (2016-2021)

    3.2 Global Retail Analytics Market Share by Company Type (Tier 1, Tier 2 and Tier 3)

    3.3 Players Covered: Ranking by Retail Analytics Revenue

    3.4 Global Retail Analytics Market Concentration Ratio

        3.4.1 Global Retail Analytics Market Concentration Ratio (CR5 and HHI)

        3.4.2 Global Top 10 and Top 5 Companies by Retail Analytics Revenue in 2020

    3.5 Retail Analytics Key Players Head office and Area Served

    3.6 Key Players Retail Analytics Product Solution and Service

    3.7 Date of Enter into Retail Analytics Market

    3.8 Mergers & Acquisitions, Expansion Plans

 

4 Retail Analytics Breakdown Data by Function

    4.1 Global Retail Analytics Historic Market Size by Function (2016-2021)

    4.2 Global Retail Analytics Forecasted Market Size by Function (2022-2027)

 

5 Retail Analytics Breakdown Data by Enterprise Type

    5.1 Global Retail Analytics Historic Market Size by Enterprise Type (2016-2021)

    5.2 Global Retail Analytics Forecasted Market Size by Enterprise Type (2022-2027)

 

6 North America

    6.1 North America Retail Analytics Market Size (2016-2027)

    6.2 North America Retail Analytics Market Size by Function

        6.2.1 North America Retail Analytics Market Size by Function (2016-2021)

        6.2.2 North America Retail Analytics Market Size by Function (2022-2027)

        6.2.3 North America Retail Analytics Market Size by Function (2016-2027)

    6.3 North America Retail Analytics Market Size by Enterprise Type

        6.3.1 North America Retail Analytics Market Size by Enterprise Type (2016-2021)

        6.3.2 North America Retail Analytics Market Size by Enterprise Type (2022-2027)

        6.3.3 North America Retail Analytics Market Size by Enterprise Type (2016-2027)

    6.4 North America Retail Analytics Market Size by Country

        6.4.1 North America Retail Analytics Market Size by Country (2016-2021)

        6.4.2 North America Retail Analytics Market Size by Country (2022-2027)

        6.4.3 United States

        6.4.4 Canada

 

7 Europe

    7.1 Europe Retail Analytics Market Size (2016-2027)

    7.2 Europe Retail Analytics Market Size by Function

        7.2.1 Europe Retail Analytics Market Size by Function (2016-2021)

        7.2.2 Europe Retail Analytics Market Size by Function (2022-2027)

        7.2.3 Europe Retail Analytics Market Size by Function (2016-2027)

    7.3 Europe Retail Analytics Market Size by Enterprise Type

        7.3.1 Europe Retail Analytics Market Size by Enterprise Type (2016-2021)

        7.3.2 Europe Retail Analytics Market Size by Enterprise Type (2022-2027)

        7.3.3 Europe Retail Analytics Market Size by Enterprise Type (2016-2027)

    7.4 Europe Retail Analytics Market Size by Country

        7.4.1 Europe Retail Analytics Market Size by Country (2016-2021)

        7.4.2 Europe Retail Analytics Market Size by Country (2022-2027)

        7.4.3 Germany

        7.4.4 France

        7.4.5 U.K.

        7.4.6 Italy

        7.4.7 Russia

        7.4.8 Nordic

 

8 Asia-Pacific

    8.1 Asia-Pacific Retail Analytics Market Size (2016-2027)

    8.2 Asia-Pacific Retail Analytics Market Size by Function

        8.2.1 Asia-Pacific Retail Analytics Market Size by Function (2016-2021)

        8.2.2 Asia-Pacific Retail Analytics Market Size by Function (2022-2027)

        8.2.3 Asia-Pacific Retail Analytics Market Size by Function (2016-2027)

    8.3 Asia-Pacific Retail Analytics Market Size by Enterprise Type

        8.3.1 Asia-Pacific Retail Analytics Market Size by Enterprise Type (2016-2021)

        8.3.2 Asia-Pacific Retail Analytics Market Size by Enterprise Type (2022-2027)

        8.3.3 Asia-Pacific Retail Analytics Market Size by Enterprise Type (2016-2027)

    8.4 Asia-Pacific Retail Analytics Market Size by Region

        8.4.1 Asia-Pacific Retail Analytics Market Size by Region (2016-2021)

        8.4.2 Asia-Pacific Retail Analytics Market Size by Region (2022-2027)

        8.4.3 China

        8.4.4 Japan

        8.4.5 South Korea

        8.4.6 Southeast Asia

        8.4.7 India

        8.4.8 Australia

 

9 Latin America

    9.1 Latin America Retail Analytics Market Size (2016-2027)

    9.2 Latin America Retail Analytics Market Size by Function

        9.2.1 Latin America Retail Analytics Market Size by Function (2016-2021)

        9.2.2 Latin America Retail Analytics Market Size by Function (2022-2027)

        9.2.3 Latin America Retail Analytics Market Size by Function (2016-2027)

    9.3 Latin America Retail Analytics Market Size by Enterprise Type

        9.3.1 Latin America Retail Analytics Market Size by Enterprise Type (2016-2021)

        9.3.2 Latin America Retail Analytics Market Size by Enterprise Type (2022-2027)

        9.3.3 Latin America Retail Analytics Market Size by Enterprise Type (2016-2027)

    9.4 Latin America Retail Analytics Market Size by Country

        9.4.1 Latin America Retail Analytics Market Size by Country (2016-2021)

        9.4.2 Latin America Retail Analytics Market Size by Country (2022-2027)

        9.4.3 Mexico

        9.4.4 Brazil

 

10 Middle East & Africa

    10.1 Middle East & Africa Retail Analytics Market Size (2016-2027)

    10.2 Middle East & Africa Retail Analytics Market Size by Function

        10.2.1 Middle East & Africa Retail Analytics Market Size by Function (2016-2021)

        10.2.2 Middle East & Africa Retail Analytics Market Size by Function (2022-2027)

        10.2.3 Middle East & Africa Retail Analytics Market Size by Function (2016-2027)

    10.3 Middle East & Africa Retail Analytics Market Size by Enterprise Type

        10.3.1 Middle East & Africa Retail Analytics Market Size by Enterprise Type (2016-2021)

        10.3.2 Middle East & Africa Retail Analytics Market Size by Enterprise Type (2022-2027)

        10.3.3 Middle East & Africa Retail Analytics Market Size by Enterprise Type (2016-2027)

    10.4 Middle East & Africa Retail Analytics Market Size by Country

        10.4.1 Middle East & Africa Retail Analytics Market Size by Country (2016-2021)

        10.4.2 Middle East & Africa Retail Analytics Market Size by Country (2022-2027)

        10.4.3 Turkey

        10.4.4 Saudi Arabia

        10.4.5 UAE

 

11 Key Players Profiles

    11.1 IBM

        11.1.1 IBM Company Details

        11.1.2 IBM Business Overview

        11.1.3 IBM Retail Analytics Introduction

        11.1.4 IBM Revenue in Retail Analytics Business (2016-2021)

        11.1.5 IBM Recent Development

    11.2 Oracle

        11.2.1 Oracle Company Details

        11.2.2 Oracle Business Overview

        11.2.3 Oracle Retail Analytics Introduction

        11.2.4 Oracle Revenue in Retail Analytics Business (2016-2021)

        11.2.5 Oracle Recent Development

    11.3 Microsoft

        11.3.1 Microsoft Company Details

        11.3.2 Microsoft Business Overview

        11.3.3 Microsoft Retail Analytics Introduction

        11.3.4 Microsoft Revenue in Retail Analytics Business (2016-2021)

        11.3.5 Microsoft Recent Development

    11.4 Manthan

        11.4.1 Manthan Company Details

        11.4.2 Manthan Business Overview

        11.4.3 Manthan Retail Analytics Introduction

        11.4.4 Manthan Revenue in Retail Analytics Business (2016-2021)

        11.4.5 Manthan Recent Development

    11.5 Fujitsu

        11.5.1 Fujitsu Company Details

        11.5.2 Fujitsu Business Overview

        11.5.3 Fujitsu Retail Analytics Introduction

        11.5.4 Fujitsu Revenue in Retail Analytics Business (2016-2021)

        11.5.5 Fujitsu Recent Development

    11.6 Blue Yonder (formerly JDA)

        11.6.1 Blue Yonder (formerly JDA) Company Details

        11.6.2 Blue Yonder (formerly JDA) Business Overview

        11.6.3 Blue Yonder (formerly JDA) Retail Analytics Introduction

        11.6.4 Blue Yonder (formerly JDA) Revenue in Retail Analytics Business (2016-2021)

        11.6.5 Blue Yonder (formerly JDA) Recent Development

    11.7 MicroStrategy

        11.7.1 MicroStrategy Company Details

        11.7.2 MicroStrategy Business Overview

        11.7.3 MicroStrategy Retail Analytics Introduction

        11.7.4 MicroStrategy Revenue in Retail Analytics Business (2016-2021)

        11.7.5 MicroStrategy Recent Development

    11.8 SAP

        11.8.1 SAP Company Details

        11.8.2 SAP Business Overview

        11.8.3 SAP Retail Analytics Introduction

        11.8.4 SAP Revenue in Retail Analytics Business (2016-2021)

        11.8.5 SAP Recent Development

    11.9 Bridgei2i

        11.9.1 Bridgei2i Company Details

        11.9.2 Bridgei2i Business Overview

        11.9.3 Bridgei2i Retail Analytics Introduction

        11.9.4 Bridgei2i Revenue in Retail Analytics Business (2016-2021)

        11.9.5 Bridgei2i Recent Development

    11.10 SAS Institute

        11.10.1 SAS Institute Company Details

        11.10.2 SAS Institute Business Overview

        11.10.3 SAS Institute Retail Analytics Introduction

        11.10.4 SAS Institute Revenue in Retail Analytics Business (2016-2021)

        11.10.5 SAS Institute Recent Development

    11.11 Qlik

        11.11.1 Qlik Company Details

        11.11.2 Qlik Business Overview

        11.11.3 Qlik Retail Analytics Introduction

        11.11.4 Qlik Revenue in Retail Analytics Business (2016-2021)

        11.11.5 Qlik Recent Development

    11.12 1010data

        11.12.1 1010data Company Details

        11.12.2 1010data Business Overview

        11.12.3 1010data Retail Analytics Introduction

        11.12.4 1010data Revenue in Retail Analytics Business (2016-2021)

        11.12.5 1010data Recent Development

    11.13 Aptos (acquired Revionics)

        11.13.1 Aptos (acquired Revionics) Company Details

        11.13.2 Aptos (acquired Revionics) Business Overview

        11.13.3 Aptos (acquired Revionics) Retail Analytics Introduction

        11.13.4 Aptos (acquired Revionics) Revenue in Retail Analytics Business (2016-2021)

        11.13.5 Aptos (acquired Revionics) Recent Development

    11.14 Symphony RetailAI

        11.14.1 Symphony RetailAI Company Details

        11.14.2 Symphony RetailAI Business Overview

        11.14.3 Symphony RetailAI Retail Analytics Introduction

        11.14.4 Symphony RetailAI Revenue in Retail Analytics Business (2016-2021)

        11.14.5 Symphony RetailAI Recent Development

    11.15 SPS

        11.15.1 SPS Company Details

        11.15.2 SPS Business Overview

        11.15.3 SPS Retail Analytics Introduction

        11.15.4 SPS Revenue in Retail Analytics Business (2016-2021)

        11.15.5 SPS Recent Development

    11.16 Tableau

        11.16.1 Tableau Company Details

        11.16.2 Tableau Business Overview

        11.16.3 Tableau Retail Analytics Introduction

        11.16.4 Tableau Revenue in Retail Analytics Business (2016-2021)

        11.16.5 Tableau Recent Development

    11.17 RetailNext

        11.17.1 RetailNext Company Details

        11.17.2 RetailNext Business Overview

        11.17.3 RetailNext Retail Analytics Introduction

        11.17.4 RetailNext Revenue in Retail Analytics Business (2016-2021)

        11.17.5 RetailNext Recent Development

    11.18 Nielsen

        11.18.1 Nielsen Company Details

        11.18.2 Nielsen Business Overview

        11.18.3 Nielsen Retail Analytics Introduction

        11.18.4 Nielsen Revenue in Retail Analytics Business (2016-2021)

        11.18.5 Nielsen Recent Development

    11.18 HCL Technologies

        .1 HCL Technologies Company Details

        .2 HCL Technologies Business Overview

        .3 HCL Technologies Retail Analytics Introduction

        .4 HCL Technologies Revenue in Retail Analytics Business (2016-2021)

        .5 HCL Technologies Recent Development

    11.20 ShopperTrak

        11.20.1 ShopperTrak Company Details

        11.20.2 ShopperTrak Business Overview

        11.20.3 ShopperTrak Retail Analytics Introduction

        11.20.4 ShopperTrak Revenue in Retail Analytics Business (2016-2021)

        11.20.5 ShopperTrak Recent Development

 

12 Analyst's Viewpoints/Conclusions

 

13 Appendix

    13.1 Research Methodology

        13.1.1 Methodology/Research Approach

        13.1.2 Data Source

    13.2 Disclaimer

    13.3 Author Details

List of Tables & Figures

 

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