Retail IoT Market Size, Share, Trends, Growth 2032

Retail IoT Market

Retail IoT Market By Offering (Hardware, Software, and Services), By Application (Product Tracking, Payments, Customer Engagement, Supply Chain Management, and Others), and By End-User (Supermarkets/Hypermarkets, Specialty Stores, E-Commerce Companies, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024-2032

Category: Technology & Media Report Format : PDF Pages: 110 Report Code: ZMR-4272 Published Date: Sep-2024 Status : Published
Market Size in 2023 Market Forecast in 2032 CAGR (in %) Base Year
USD 67.76 Billion USD 694.08 Billion 29.5% 2023

Table Of Content

  • Chapter 1. Introduction
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global retail IoT market, 2016-2027 (USD Million)
    • 2.2. Global retail IoT market: snapshot
  •  
  • Chapter 3. Retail IoT Market - Industry Dynamics
    • 3.1. Introduction
    • 3.2. Market Drivers
      • 3.2.1. Global retail IoT market drivers: impact analysis
      • 3.2.2. The emergence of cloud platform
      • 3.2.3. The declining cost of components
      • 3.2.4. The rapid adoption of smartphones
      • 3.2.5. Need for better customer services and response
    • 3.3. Market Restraints
      • 3.3.1. Global retail IoT market restraints: impact analysis
      • 3.3.2. Concerns regarding security and privacy
      • 3.3.3. Interoperability and lack of common standards
    • 3.4. Opportunities
      • 3.4.1. An increasing number of connected devices
      • 3.4.2. Consolidated IoT solution
    • 3.5. Porter's Five Forces Analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market attractiveness analysis, by offering
      • 3.6.2. Market attractiveness analysis, by application
      • 3.6.3. Market attractiveness analysis, by end-user
      • 3.6.4. Market attractiveness analysis, by region
  •  
  • Chapter 4. Global Retail IoT Market - Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global retail IoT market: company market share, 2018
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New therapy launch
      • 4.2.3. Agreements, partnerships, collaborations, and joint ventures
      • 4.2.4. Research and development and regional expansion
    • 4.3. Price trend analysis
  •  
  • Chapter 5. Global Retail IoT Market - Offering Analysis
    • 5.1. Global retail IoT market: offering overview
      • 5.1.1. Global retail IoT market revenue share, by offering, 2018 and 2027
    • 5.2. Hardware
      • 5.2.1. Global retail IoT market for hardware, 2016-2027 (USD Million)
    • 5.3. Software
      • 5.3.1. Global retail IoT market for software, 2016-2027 (USD Million)
    • 5.4. Services
      • 5.4.1. Global retail IoT market for services, 2016-2027 (USD Million)
  •  
  • Chapter 6. Global Retail IoT Market - Application Analysis
    • 6.1. Global retail IoT market: application overview
      • 6.1.1. Global retail IoT market revenue share, by application, 2018 and 2027
    • 6.2. Product Tracking
      • 6.2.1. Global retail IoT market for product tracking, 2016-2027 (USD Million)
    • 6.3. Payments
      • 6.3.1. Global retail IoT market for payments, 2016-2027 (USD Million)
    • 6.4. Customer Engagement
      • 6.4.1. Global retail IoT market for customer engagement, 2016-2027 (USD Million)
    • 6.5. Supply Chain Management
      • 6.5.1. Global retail IoT market for supply chain management, 2016-2027 (USD Million)
    • 6.6. Others
      • 6.6.1. Global retail IoT market for others, 2016-2027 (USD Million)
  •  
  • Chapter 7. Global Retail IoT Market - End-User Analysis
    • 7.1. Global retail IoT market: end-user overview
      • 7.1.1. Global retail IoT market revenue share, by end-user, 2018 and 2027
    • 7.2. Supermarkets/Hypermarkets
      • 7.2.1. Global retail IoT market for supermarkets/hypermarkets, 2016-2027 (USD Million)
    • 7.3. Specialty Stores
      • 7.3.1. Global retail IoT market for specialty stores, 2016-2027 (USD Million)
    • 7.4. E-Commerce Companies
      • 7.4.1. Global retail IoT market for E-commerce companies, 2016-2027 (USD Million)
    • 7.5. Others
      • 7.5.1. Global retail IoT market for others, 2016-2027 (USD Million)
  •  
  • Chapter 8. Global Retail IoT Market - Regional Analysis
    • 8.1. Global retail IoT market: regional overview
      • 8.1.1. Global retail IoT market revenue share, by region, 2018 and 2027
    • 8.2. North America
      • 8.2.1. North America retail IoT market revenue, by offering, 2016-2027 (USD Million)
      • 8.2.2. North America retail IoT market revenue, by application, 2016-2027 (USD Million)
      • 8.2.3. North America retail IoT market revenue, by end-user, 2016-2027 (USD Million)
      • 8.2.4. The U.S.
        • 8.2.4.1. The U.S. retail IoT market revenue, by offering, 2016-2027 (USD Million)
        • 8.2.4.2. The U.S. retail IoT market revenue, by application, 2016-2027 (USD Million)
        • 8.2.4.3. The U.S. retail IoT market revenue, by end-user, 2016-2027 (USD Million)
      • 8.2.5. Canada
        • 8.2.5.1. Canada retail IoT market revenue, by offering, 2016-2027 (USD Million)
        • 8.2.5.2. Canada retail IoT market revenue, by application, 2016-2027 (USD Million)
        • 8.2.5.3. Canada retail IoT market revenue, by end-user, 2016-2027 (USD Million)
    • 8.3. Europe
      • 8.3.1. Europe retail IoT market revenue, by offering, 2016-2027 (USD Million)
      • 8.3.2. Europe retail IoT market revenue, by application, 2016-2027 (USD Million)
      • 8.3.3. Europe retail IoT market revenue, by end-user, 2016-2027 (USD Million)
      • 8.3.4. UK
        • 8.3.4.1. UK retail IoT market revenue, by offering, 2016-2027 (USD Million)
        • 8.3.4.2. UK retail IoT market revenue, by application, 2016-2027 (USD Million)
        • 8.3.4.3. UK retail IoT market revenue, by end-user, 2016-2027 (USD Million)
      • 8.3.5. Germany
        • 8.3.5.1. Germany retail IoT market revenue, by offering, 2016-2027 (USD Million)
        • 8.3.5.2. Germany retail IoT market revenue, by application, 2016-2027 (USD Million)
        • 8.3.5.3. Germany retail IoT market revenue, by end-user, 2016-2027 (USD Million)
      • 8.3.6. France
        • 8.3.6.1. France retail IoT market revenue, by offering, 2016-2027 (USD Million)
        • 8.3.6.2. France retail IoT market revenue, by application, 2016-2027 (USD Million)
        • 8.3.6.3. France retail IoT market revenue, by end-user, 2016-2027 (USD Million)
      • 8.3.7. Rest of Europe
        • 8.3.7.1. Rest of Europe retail IoT market revenue, by offering, 2016-2027 (USD Million)
        • 8.3.7.2. Rest of Europe retail IoT market revenue, by application, 2016-2027 (USD Million)
        • 8.3.7.3. Rest of Europe retail IoT market revenue, by end-user, 2016-2027 (USD Million)
    • 8.4. Asia Pacific
      • 8.4.1. Asia Pacific retail IoT market revenue, by offering, 2016-2027 (USD Million)
      • 8.4.2. Asia Pacific retail IoT market revenue, by application, 2016-2027 (USD Million)
      • 8.4.3. Asia Pacific retail IoT market revenue, by end-user, 2016-2027 (USD Million)
      • 8.4.4. China
        • 8.4.4.1. China retail IoT market revenue, by offering, 2016-2027 (USD Million)
        • 8.4.4.2. China retail IoT market revenue, by application, 2016-2027 (USD Million)
        • 8.4.4.3. China retail IoT market revenue, by end-user, 2016-2027 (USD Million)
      • 8.4.5. Japan
        • 8.4.5.1. Japan retail IoT market revenue, by offering, 2016-2027 (USD Million)
        • 8.4.5.2. Japan retail IoT market revenue, by application, 2016-2027 (USD Million)
        • 8.4.5.3. Japan retail IoT market revenue, by end-user, 2016-2027 (USD Million)
      • 8.4.6. India
        • 8.4.6.1. India retail IoT market revenue, by offering, 2016-2027 (USD Million)
        • 8.4.6.2. India retail IoT market revenue, by application, 2016-2027 (USD Million)
        • 8.4.6.3. India retail IoT market revenue, by end-user, 2016-2027 (USD Million)
      • 8.4.7. Rest of Asia Pacific
        • 8.4.7.1. Rest of Asia Pacific retail IoT market revenue, by offering, 2016-2027 (USD Million)
        • 8.4.7.2. Rest of Asia Pacific retail IoT market revenue, by application, 2016-2027 (USD Million)
        • 8.4.7.3. Rest of Asia Pacific retail IoT market revenue, by end-user, 2016-2027 (USD Million)
    • 8.5. Latin America
      • 8.5.1. Latin America retail IoT market revenue, by offering, 2016-2027 (USD Million)
      • 8.5.2. Latin America retail IoT market revenue, by application, 2016-2027 (USD Million)
      • 8.5.3. Latin America retail IoT market revenue, by end-user, 2016-2027 (USD Million)
      • 8.5.4. Brazil
        • 8.5.4.1. Brazil retail IoT market revenue, by offering, 2016-2027 (USD Million)
        • 8.5.4.2. Brazil retail IoT market revenue, by application, 2016-2027 (USD Million)
        • 8.5.4.3. Brazil retail IoT market revenue, by end-user, 2016-2027 (USD Million)
      • 8.5.5. Rest of Latin America
        • 8.5.5.1. Rest of Latin America retail IoT market revenue, by offering, 2016-2027 (USD Million)
        • 8.5.5.2. Rest of Latin America retail IoT market revenue, by application, 2016-2027 (USD Million)
        • 8.5.5.3. Rest of Latin America retail IoT market revenue, by end-user, 2016-2027 (USD Million)
    • 8.6. The Middle East and Africa
      • 8.6.1. The Middle East and Africa retail IoT market revenue, by offering, 2016-2027 (USD Million)
      • 8.6.2. The Middle East and Africa retail IoT market revenue, by application, 2016-2027 (USD Million)
      • 8.6.3. The Middle East and Africa retail IoT market revenue, by end-user, 2016-2027 (USD Million)
  •  
  • Chapter 9. Company Profiles
    • 9.1. Microsoft Corporation
      • 9.1.1. Overview
      • 9.1.2. Financials
      • 9.1.3. Product portfolio
      • 9.1.4. Business strategy
      • 9.1.5. Recent developments
    • 9.2. Intel Corporation, Inc.
      • 9.2.1. Overview
      • 9.2.2. Financials
      • 9.2.3. Product portfolio
      • 9.2.4. Business strategy
      • 9.2.5. Recent developments
    • 9.3. Cisco Systems
      • 9.3.1. Overview
      • 9.3.2. Financials
      • 9.3.3. Product portfolio
      • 9.3.4. Business strategy
      • 9.3.5. Recent developments
    • 9.4. IBM Corporation
      • 9.4.1. Overview
      • 9.4.2. Financials
      • 9.4.3. Product portfolio
      • 9.4.4. Business strategy
      • 9.4.5. Recent developments
    • 9.5. Zebra Technologies
      • 9.5.1. Overview
      • 9.5.2. Financials
      • 9.5.3. Product portfolio
      • 9.5.4. Business strategy
      • 9.5.5. Recent developments
    • 9.6. SAP AG
      • 9.6.1. Overview
      • 9.6.2. Financials
      • 9.6.3. Product portfolio
      • 9.6.4. Business strategy
      • 9.6.5. Recent developments

Table Of Figures

List of Figures

1. Market research process
2. Market methodology
3. Global retail IoT market revenue, 2016–2027 (USD Million)
4. Porter’s Five Forces Analysis
5. Retail IoT market attractiveness analysis, by offering
6. Retail IoT market attractiveness analysis, by application
7. Retail IoT market attractiveness analysis, by end-user
8. Retail IoT market attractiveness analysis, by region
9. Company market share analysis, 2018
10. Global retail IoT market revenue share by offering, 2018 and 2027
11. Global retail IoT market for hardware, 2016–2027 (USD Million)
12. Global retail IoT market for software, 2016–2027 (USD Million)
13. Global retail IoT market for services, 2016–2027 (USD Million)
14. Global retail IoT market revenue share by application, 2018 and 2027
15. Global retail IoT market for product tracking, 2016–2027 (USD Million)
16. Global retail IoT market for payments, 2016–2027 (USD Million)
17. Global retail IoT market for customer engagement, 2016–2027 (USD Million)
18. Global retail IoT market for supply chain management, 2016–2027 (USD Million)
19. Global retail IoT market for others, 2016–2027 (USD Million)
20. Global retail IoT market revenue share by end-user, 2018 and 2027
21. Global retail IoT market for supermarkets/hypermarkets, 2016–2027 (USD Million)
22. Global retail IoT market for specialty stores, 2016–2027 (USD Million)
23. Global retail IoT market for e-commerce companies, 2016–2027 (USD Million)
24. Global retail IoT market for others, 2016–2027 (USD Million)
25. Global retail IoT market revenue share by region, 2018 and 2027
26. North America retail IoT market, 2016–2027 (USD Million)
27. Europe retail IoT market, 2016–2027 (USD Million)
28. Asia Pacific retail IoT market, 2016–2027 (USD Million)
29. Latin America retail IoT market, 2016–2027 (USD Million)
30. The Middle East and Africa retail IoT market, 2016–2027 (USD Million)


Table Of Tables

List of Tables

1. Retail IoT market: Market Snapshot
2. Drivers of the global retail IoT market: impact analysis 
3. Restraints of the global retail IoT market: impact analysis  
4. North America retail IoT market revenue, by offering, 2016–2027 (USD Million)
5. North America retail IoT market revenue, by application, 2016–2027 (USD Million)
6. North America retail IoT market revenue, by end-user, 2016–2027 (USD Million)
7. The U.S. retail IoT market revenue, by offering, 2016–2027 (USD Million)
8. The U.S. retail IoT market revenue, by application, 2016–2027 (USD Million)
9. The U.S. retail IoT market revenue, by end-user, 2016–2027 (USD Million)
10. Canada retail IoT market revenue, by offering, 2016–2027 (USD Million)
11. Canada retail IoT market revenue, by application, 2016–2027 (USD Million)
12. Canada retail IoT market revenue, by end-user, 2016–2027 (USD Million)
13. Europe retail IoT market revenue, by offering, 2016–2027 (USD Million)
14. Europe retail IoT market revenue, by application, 2016–2027 (USD Million)
15. Europe retail IoT market revenue, by end-user, 2016–2027 (USD Million)
16. UK. retail IoT market revenue, by offering, 2016–2027 (USD Million)
17. UK retail IoT market revenue, by application, 2016–2027 (USD Million)
18. UK retail IoT market revenue, by end-user, 2016–2027 (USD Million)
19. Germany retail IoT market revenue, by offering, 2016–2027 (USD Million)
20. Germany retail IoT market revenue, by application, 2016–2027 (USD Million)
21. Germany retail IoT market revenue, by end-user, 2016–2027 (USD Million)
22. France retail IoT market revenue, by offering, 2016–2027 (USD Million)
23. France retail IoT market revenue, by application, 2016–2027 (USD Million)
24. France retail IoT market revenue, by end-user, 2016–2027 (USD Million)
25. Rest of Europe retail IoT market revenue, by offering, 2016–2027 (USD Million)
26. Rest of Europe retail IoT market revenue, by application, 2016–2027 (USD Million)
27. Rest of Europe retail IoT market revenue, by end-user, 2016–2027 (USD Million)
28. Asia Pacific retail IoT market revenue, by offering, 2016–2027 (USD Million)
29. Asia Pacific retail IoT market revenue, by application, 2016–2027 (USD Million)
30. Asia Pacific retail IoT market revenue, by end-user, 2016–2027 (USD Million)
31. China retail IoT market revenue, by offering, 2016–2027 (USD Million)
32. China retail IoT market revenue, by application, 2016–2027 (USD Million)
33. China retail IoT market revenue, by end-user, 2016–2027 (USD Million)
34. Japan retail IoT market revenue, by offering, 2016–2027 (USD Million)
35. Japan retail IoT market revenue, by application, 2016–2027 (USD Million)
36. Japan retail IoT market revenue, by end-user, 2016–2027 (USD Million)
37. India retail IoT market revenue, by offering, 2016–2027 (USD Million)
38. India retail IoT market revenue, by application, 2016–2027 (USD Million)
39. India retail IoT market revenue, by end-user, 2016–2027 (USD Million)
40. Rest of Asia Pacific retail IoT market revenue, by offering, 2016–2027 (USD Million)
41. Rest of Asia Pacific retail IoT market revenue, by application, 2016–2027 (USD Million)
42. Rest of Asia Pacific retail IoT market revenue, by end-user, 2016–2027 (USD Million)
43. Latin America retail IoT market revenue, by offering, 2016–2027 (USD Million)
44. Latin America retail IoT market revenue, by application, 2016–2027 (USD Million)
45. Latin America retail IoT market revenue, by end-user, 2016–2027 (USD Million)
46. Brazil retail IoT market revenue, by offering, 2016–2027 (USD Million)
47. Brazil retail IoT market revenue, by application, 2016–2027 (USD Million)
48. Brazil retail IoT market revenue, by end-user, 2016–2027 (USD Million)
49. Rest of Latin America retail IoT market revenue, by offering, 2016–2027 (USD Million)
50. Rest of Latin America retail IoT market revenue, by application, 2016–2027 (USD Million)
51. Rest of Latin America retail IoT market revenue, by end-user, 2016–2027 (USD Million)
52. The Middle East and Africa retail IoT market revenue, by offering, 2016–2027 (USD Million)
53. The Middle East and Africa retail IoT market revenue, by application, 2016–2027 (USD Million)
54. The Middle East and Africa retail IoT market revenue, by end-user, 2016–2027 (USD Million)

Methodology

FrequentlyAsked Questions

The retail industry's application of IoT technology to improve operational efficiency, promote sales, and improve the customer experience is referred to as retail IoT (Internet of Things). It entails the collection and analysis of data from a variety of retail operations using connected devices and sensors.

Retailers are utilising IoT technology to develop personalised and seamless purchasing experiences, including smart fitting rooms, personalised promotions, and enhanced customer service.

According to a report from Zion Market Research, the global Retail IoT Market was valued at USD 67.76 Billion in 2023 and is projected to hit USD 694.08 Billion by 2032.

According to a report from Zion Market Research, the global Retail IoT Market a compound annual growth rate (CAGR) of 29.5% during the forecast period 2024-2032.

The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Some leading players operating in the global retail IoT market include Microsoft, Intel Corporation, Cisco Systems, IBM Corporation, Zebra Technologies, and SAP AG.

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List of Contents

Market InsightsGrowth FactorsSegmentationReport ScopeRegional InsightsCompetitive SpaceThis report segments the global retail IoT market into:

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