Sep 23, 2020 5:59 AM ET
iCrowd Newswire – Sep 23, 2020
The ‘ Retail Cloud market’ research report added by Report Ocean, is an in-depth analysis of the latest developments, market size, status, upcoming technologies, industry drivers, challenges, regulatory policies, with key company profiles and strategies of players. The research study provides market overview; Retail Cloud derived key statistics, based on the market status of the manufacturers and is a valuable source of guidance and direction for companies and individuals interested in Retail Cloud market size forecast, Get report to understand the structure of the complete fine points (Including Full TOC, List of Tables & Figures, Chart).
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Under COVID-19 Outbreak Impact Analysis:
We analyzed industry trends in the context of COVID-19.
We analyzed the impact of COVID-19 on the product industry chain based on the upstream and downstream markets.
We analyze the impact of COVID-19 on various regions and major countries.
The impact of COVID-19 on the future development of the industry is pointed out.
Study Explore : Market Behavior/ Level of Risk and Opportunity
End Industry Behavior/ Opportunity Assessment
Expected Industry Recovery Timeline
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape.
Retail cloud in the study refers to cloud technology designed for retailers to enable them with cost-effective streamlined operations, the flexibility of scaling up and down the production process, real-time data reporting for interactive customer experience, and quicker speed to market the offerings. Retail Cloud allows the enterprises to expand their retail footprints while ensuring streamlined operations, ease of use of the latest cloud technology and unparalleled agility for an efficient response to the changing market dynamics. The market size in the report global retail cloud market represents revenue generated from the sale of retail cloud solutions at the consumer level
The global retail cloud market size was valued above USD 14,000 million in 2017, and is expected to cross USD 51,000 million by 2024 at a CAGR above 20% during the forecast period. With the increasing demand for customer focused, consistent, and reliable retail experience, retail cloud solutions, the global retail cloud industry is gaining huge traction.
High scale adoption of smart devices is driving the global retail cloud market
As per the findings of the research, the software category led the global retail cloud market in 2017 as compared to service. It is expected to continue its strong market hold with potential growth, during the forecast period. The growth is expected due to increasing demand for full software suit systems by various small and medium enterprises, which are lacking technical staff and capital for cloud transition. However, due to the rise of e-commerce and mobility has made it necessary for retailers to have greater visibility into the entire supply chain, thereby increasing their focus on retail cloud services.
Software as a service (SaaS) has been a forerunner in the highest revenue contribution to the global retail cloud market
With information technology (IT) evolving rapidly, retailers are looking for advanced software solutions to improve their business outcomes and face the increasing challenges of meeting dynamic consumer demands. SaaS allows retailers with significant cost reductions to effectively serve the existing market and open new ones.
Globally, North America contributed the largest revenue to the global retail cloud market, accounting for nearly 35% of the total revenues in 2017, and is expected to remain the largest market during the forecast period as well. The retail cloud market has been witnessing higher growth in developing regions such as Asia-Pacific, as compared to the developed regions such as North America, and Europe. However high price sensitivity and competition is expected in the North American and European retail cloud market during the forecast period.
The research states that the global retail cloud marketplace is competitive in nature, with players developing new seamless retail cloud offerings along with various subscription and attractive low-cost solutions for higher new market penetration. Some of the major players in this industry are Epicor Software Corporation, SAP SE, IBM, Microsoft Corporation, Oracle Corporation, Infor, RetailCloud, and, Cisco Systems Inc.
In the recent past, partnership and agreements have been the major recent activities in the global retail cloud market. For instance, In July 2018 – Accenture and Google Cloud partnered to launch the Accenture Google Cloud Business Group (AGBG) which would be focused to enable companies leverage Google Cloud technology and help provide exceptional customer experiences and speed up their digital transformation journeys. The new partnership group will focus on consumer-packaged goods, health, and retail industries. Most of the major vendors in the global retail cloud market are actively focused on enhancing their offerings to meet the ongoing demand.
Market Segmentation: Global Retail Cloud Market
o Supply Chain Management
o Customer Management
o Workforce Management
o Reporting & Analytics
- Software as a Service (SaaS)
- Platform as a service (PaaS)
- Infrastructure as a Service (IaaS)
- Public Cloud
- Private Cloud
- Hybrid Cloud
By Enterprise Size
- Large Enterprise
- Small and Medium Enterprise (SME)
A systematic step framework for How to Tackle The Situation… “MITIGATE” | “SUSTAIN” | “GROW”: Business Strategy Recovery, Scenario and Planning
Key Segments Studied in the Global Retail Cloud Market
|Global Retail Cloud Market,
By Solution Software and Services),
By Model (SaaS, PaaS and IaaS,
By Deployment (Public, Hybrid and Private) By Enterprise Size (Small and Medium & Large); Size, Forecast & Opportunities,
Geographical Breakdown: Regional level analysis of the market, currently covering North America, Europe, China & Japan
In-Depth Qualitative Analyses Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.
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Furthermore, the years considered for the study are as follows:
Historical year – 2014-2019 | Base year – 2019 | Forecast period** – 2020 to 2027 [** unless otherwise stated]
Changing Forecasts in a Time of Crisis: explores key issues, including:
- The heavy economic impacts of social distancing measures
- Future changes in consumer behavior
- The urgent need for high-frequency economic data
- Mapping Out a Potential Recovery
- Business Strategies During COVID-19
- Near & Long Term Risk Outlook, Risk Assessment and Opportunities
Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis
- Market size and growth rate during forecast period.
- Key factors driving the Market.
- Key market trends cracking up the growth of the Market.
- Challenges to market growth.
- Key vendors of Market.
- Detailed SWOT analysis.
- Opportunities and threats faces by the existing vendors in Global Market.
- Trending factors influencing the market in the geographical regions.
- Strategic initiatives focusing the leading vendors.
- PEST analysis of the market in the five major regions.
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Key Points Covered in Retail Cloud Market Report: COVID 19 Impact Analysis
- Study Scope
- Key Market Segments
- Regulatory Scenario by Region/Country
- Market Investment Scenario Strategic
Global Market Growth Trends
- Industry Trends
- SWOT Analysis
- Porter’s Five Forces Analysis
- Potential Market and Growth Potential Analysis
- Industry News and Policies by Regions
- Industry News
- Industry Policies
- Industry Trends Under COVID-19
Value Chain Retail Cloud Market
- Value Chain Status
- Retail Cloud Market Manufacturing Cost Structure Analysis
- Production Process Analysis
- Manufacturing Cost Structure of Retail Cloud Market
- Sales and Marketing Model Analysis
- Downstream Major Customer Analysis (by Region)
- Value Chain Status Under COVID-19
Retail Cloud Market Production, Revenue (Value), Price Trend by Type
- Production and Market Share by Type
- Revenue and Market Share by Type
- Price by Type
Retail Cloud Market Production, Consumption, Export, Import by Region
- Production, Consumption, Export, Import by Region
- Production, Consumption, Export, Import by Country
- Production, Revenue, Price and Gross Margin
Industrial Chain, Sourcing Strategy and Downstream Buyers
- Retail Cloud Market Industrial Chain Analysis
- Downstream Buyers
- Market Sales, Revenue and Growth Rate
- Market Production, Consumption, Export and Import Forecast by Region
- Retail Cloud Market Production, Revenue and Price Forecast by Type
- Retail Cloud Market Consumption Forecast by Application
- Retail Cloud Market Forecast Under COVID-19
……..and view more in complete table of Contents
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USP of the Report:
- Regulatory Guidelines & Government Initiatives
- Pipeline Analysis
- Competitive Landscape/Competition Concentration
- Competitive Benchmarking
- Technology Analysis
- Business Model Analysis
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