Retail Cloud Market Trend Analysis By Component & Type Forecast 2022

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Overview

According to Market Research Future Analysis, Retail Cloud Market has been valued at USD ~30 billion by 2022 growing with ~21% of CAGR during forecast period 2018 to 2022.

 

Retail software is computer software typically installed on PC type computers or laptops via the Internet (also known as cloud-based). Traditionally this software was delivered via physical data storage media sold to end consumer but very few companies still provide their software using physical media. The software is sold under various restricted licenses or in the case of cloud-based software sold as Software-as-a-Service (SaaS) model.

 

Rapid adoption of smartphones, need for compliance & collaboration and shift to omni-channel experience are driving the retail cloud market. However, the growing concerns regarding data security and privacy are hindering the overall growth of the market.

 

Also, mobile PoS, internet of things and click & collect programs are expected to drive the Retail Cloud Market in the future. Whereas, changing consumer preferences, reluctant of consumer’s to adopt cloud can act as barriers for the overall growth of the market.

 

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According to Market Research Future Analysis, on the basis of type, service, deployment and region. By type, the market has been bifurcated into solution, service. On the basis of service, the market can be segmented as software as a service, platform as a service, infrastructure as a service. On the basis of deployment the market can be segmented public, private, hybrid. Further, the market has been segmented into four regions which include- North America, Europe, Asia-Pacific and RoW. Out of these type, solutions accounted for the largest market share because it offers lowered risks, reduced complexity, and rising return on investment.

 

Major Key Players

The key players of global retail cloud market are Oracle Corporation (California, U.S.), Cisco Systems, Inc. (California, U.S.), SAP SE (Wurttemberg, Germany), IBM Corporation (New York, U.S.), Microsoft Corporation (Washington, U.S.), Computer Sciences Corporation (Virginia, U.S.), Fujitsu Limited (Tokyo, Japan), Infor, Inc. (New York, U.S.), Epicor Software Corporation (Texas, U.S.), JDA Software group, Inc. (Arizona, U.S.), and Syntel Inc. (Michigan, U.S.).

 

By Region, MRFR analysis shows that, North-America accounted for the largest market share because organizations are shifting towards cloud-based solutions and services with the increasing adoption of digital business strategies.

 

Asia-Pacific region is expected to grow over the forecast period, 2018-2022 especially in countries such as China and India countries because they are investing huge amount of money to adopt new technologies.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

 

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LIST OF TABLES

TABLE 1 GLOBAL RETAIL CLOUD MARKET, BY PRODUCT, 2018-2022 (USD BILLION) 

TABLE 2 GLOBAL CUSTOMER MANAGEMENT IN RETAIL CLOUD MARKET, 2018-2022 (USD BILLION) 

TABLE 3 GLOBAL WORKFORCE MANAGEMENT IN RETAIL CLOUD MARKET, 2018 & 2022 (USD BILLION) 

TABLE 4 GLOBAL SUPPLY CHAIN IN RETAIL CLOUD MAREKT, 2018 - 2022 (USD BILLION) 

TABLE 5 GLOBAL DATA SECURITY IN RETAIL CLOUD MAREKT, 2018 -2022 (USD BILLION) 

Continued…….

 

LIST OF FIGURES

FIGURE 1 GLOBAL RETAIL CLOUD MARKET: DRIVERS & INGIBITORS 

FIGURE 2 GLOBAL RETAIL CLOUD MARKET: SUPPLY CHAIN PROCESS 14 

FIGURE 3 GLOBAL RETAIL CLOUD MARKET: PORTER’S FIVE FORCES ANALYSIS 14 

FIGURE 4 GLOBAL RETAIL CLOUD MARKET, BY PRODUCT, 2018 & 2022 (USD BILLION) 16 

FIGURE 5 GLOBAL CUSTOMER MANAGEMENT IN RETAIL CLOUD MARKET, 2018 & 2022 (%) 17 

Continued…….

 

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

 

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

 

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members

 

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