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.
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.
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.
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Report Metric |
Details |
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Report Name |
Retail Analytics Market |
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The market size in 2019 |
USD 2471.1 Million |
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The revenue forecast in 2026 |
USD 4517.3 Million |
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Growth Rate |
CAGR of 9.0% from 2021 to 2026 |
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Base year considered |
2019 |
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Market size available for years |
2021-2026 |
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Forecast units |
Value (USD) |
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Segments covered |
Type, End-User, Offerings, and Region |
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Report coverage |
Revenue & volume forecast, company share, competitive landscape, growth factors, and trends |
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Geographic regions covered |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
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
