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According to the latest report by IMARC Group, finds that the global retail analytics market size reached US$ 4.10 Billion in 2020. <br>Retail analytics refers to different techniques that help organizations identify customer behavior.<br>It provides insights into sales, inventory levels, customer, and supply chain movements by combining data from different areas. <br>
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Global Retail Analytics Market Research Report and Forecast 2021-2026 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved
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Report Description and Highlights Report Description Global Retail Analytics Market Outlook 2026: IMARC Group’s latest report, titled “Retail Analytics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” finds that the global retail analytics market size reached US$ 4.10 Billion in 2020. Retail analytics refers to different techniques that help organizations identify customer behavior. It provides insights into sales, inventory levels, customer, and supply chain movements by combining data from different areas. In recent years, retail analytics has gained prominence as it empowers businesses and retailers by building mechanisms for learning and feedback, streamlining internal processes and identifying new revenue-generating opportunities. Request for a free sample report: https://www.imarcgroup.com/retail-analytics- market/requestsample
Report Description and Highlights Report Description Global Retail Analytics Market Trends: The global retail analytics market is primarily driven by the emerging e-commerce industry. A significant rise in online shopping has encouraged these platforms to adopt retail analytics solutions to assess consumer behavior, growing demand for products and availability of logistics services. Besides this, rapid digitization and the growing awareness regarding this technology have enabled several leading companies in the retail sector to opt for advanced analytics solutions. For instance, Gap Inc. has employed Retail Merchandising Foundation Cloud Service (RMFCS) offered by Oracle Corporation to generate new insights and make better and more effective decisions. Some of the other factors, such as the emergence of big data and predictive analytical models, the growing influence of social media, and the rising penetration of smartphones, are significantly impacting the market growth.
Report Description Report Description and Highlights Market Summary: Breakup by Function Type: • Customer management • In-store operation • Strategy and planning • Supply chain management • Marketing and merchandizing Breakup by Deployment Type: • On-premises • Cloud-based Looking forward, the market is expected to reach US$ 12.6 Billion by 2026, exhibiting a CAGR of 20.60% during the forecast period (2021-2026).
Report Description Report Description and Highlights Breakup by Component Type: • software • Services Breakup by Region: • North America • Europe • Asia Pacific • Latin America • Middle East and Africa Breakup by End-User: • Small and medium • Large enterprises
Report Description and Highlights Report Description Competitive Landscape With Keyplayers: • 1010data Inc. • Adobe Inc. • Altair Engineering Inc. • Flir Systems Inc. • Fujitsu Limited • International Business Machines Corporation • Information Builders Inc. • Microsoft Corporation • Microstrategy Incorporated • Oracle Corporation • Qlik Technologies Inc. • SAP SE, SAS Institute Inc. • Tableau Software LLC • Tibco Software Inc. View Report TOC, Figures and Tables : https://www.imarcgroup.com/retail-analytics-market
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Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
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