Global Retail IT Spending market Forcast To Grow At CAGR Of 4% Between 2016-2020
"The Report Global Retail
IT Spending market 2016-2020 provides information on pricing, market
analysis, shares, forecast, and company profiles for key industry
participants. - MarketResearchReports.biz
About
Retail
IT Spending
Market
Technavios research analyst
predicts the global retail IT spending market to grow steadily at a
CAGR of close to 4% during the forecast period. Increased need to
find customer insights from a large pool of structured and
unstructured data is a major driver for investment by retailers on
big data analytics technology.
This research report also covers
the role of SMAC technology in shaping the growth of the market.
Retailers focus on right product assortment for the right stores,
depending on the store's attributes, local customer demand, and
product preference. Technavio expects analytics platforms to quickly
gain popularity among CMOs as a secure and easy to use option. With
this, IT spending in retail is expected to significantly improve
customer satisfaction in the upcoming four years.
Product segmentation and analysis
of the global retail IT spending market
Hardware
Software
IT services
IT services accounted for the
largest market share with more than 35% in 2015. However, as per the
market forecast, the software segment is likely to witness the
fastest growth until 2019 due to high demand emerging from the
e-commerce market.
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Geographical segmentation and
analysis of the retail IT spending market
Americas
APAC
EMEA
In 2015, North America outpaced
the growth of retail software market in BRIC countries posting a
growth of more than 5% from 2014. The market is driven by growing
investments in payment systems, omnichannel integrations, data
security, and mobile proliferation and engagement.
Competitive landscape and key
vendors
The emergence of many vendors in
the global retail IT spending market has led to fierce competition.
Along with increasing demand from end-users, the market is also
witnessing rapid innovations and more importantly, the evolution of
retail solutions with advanced computing capabilities, leading to
high efficiency and productivity. Vendors in this market are
constantly adopting effective marketing and promotional strategies to
provide quality products that meet customer expectations.
The leading vendors in the market
are -
Cisco
Dell
HP
IBM
Other prominent vendors in the
market include Amazon.com, Arcplan, Bitam, CAM Commerce Solutions,
Chain Drive, Comcash, Cybex Systems, eBay, ECR Software, Epicor,
Fujitsu, Genesis Software Systems, Informatica, Intuit, JDA Software
Group, JDS Solutions, Magstar, MICROS Systems, Microsoft,
MicroStrategy, NCR, Oracle, PayPal, PCMS, Pinnacle Cart, RedPrairie,
Retail Information Systems, Retail Pro International, SAS, SYSPRO,
Tableau Software, TIBCO Software, and UTC Retail.
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Key questions answered in the
report include
What will the market size and the
growth rate be in 2020?
What are the key factors driving
the global retail IT spending market?
What are the key market trends
impacting the growth of the retail IT spending market?
What are the challenges to market
growth?
Who are the key vendors in this
market space?
What are the market opportunities
and threats faced by the vendors in the global retail IT spending
market?
Trending factors influencing the
market shares of the Americas, APAC, and EMEA?
What are the key outcomes of the
five forces analysis of the retail IT spending market?
Technavio also offers
customization on reports based on specific client requirement.
Related reports:
Global IT Spending by E-Grocers
Market 2015-2019
Global Retail Banking IT Spending
Market 2015-2019
Table of Contents
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research
methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by
application
Segmentation of global retail IT
spending by product type
IT service
Hardware
Software
PART 07: Geographical segmentation
Geographical segmentation of
global retail IT spending
Retail IT spending in Americas
Retail IT spending in EMEA
Retail IT spending in APAC
PART 08: Key leading countries
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and
challenges
PART 13: Market trends
PART 14: Vendor landscape
Competitive scenario
Market share analysis
Other prominent vendors
PART 15: Key vendor analysis
Cisco
Dell
HP
IBM
PART 16: Appendix
List of abbreviations
PART 17: Explore Technavio
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Albany, NY 12207
Tel: +1-518-621-2074
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