Global Smart Retail Technologies and Market Trends Analysis Report 2023: VCs Foresee Opportunities for Startups to Leverage Data and Increasingly Capable Hardware in Unique Ways
Thursday, February 9, 2023
DUBLIN, Feb. 1, 2023 /PRNewswire/ -- The "Smart Retail: Technologies and Trends Analysis (2022-2025)" report has been added to ResearchAndMarkets.com's offering.
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The "Smart Retail: Technologies and Trends Analysis (2022-2025)" report is approximately 25,000 words (95 pages). It establishes a strategic framework for smart retail adoption, then explores relevant technologies.
The COVID-19 pandemic forced even culturally reluctant retailers to mimic or learn from ecommerce platforms and brands' own direct-to-consumer, sometimes lifestyle-associated channels. This change was only the beginning: digital transformation lays the groundwork for optimization, and new hardware awaits. "Smart retail" could bridge the gap between lockdown era approaches and a new consumer reality characterized by inflation and different forms of uncertainty.
The vast majority of retailers expect to increase their use of technology, going beyond omnichannel capabilities by layering on creative customer experiences (VR/AR/MR) and emerging acquisition channels (voice, live, and social commerce).
Venture capitalists foresee opportunities for smart retail startups to leverage data and increasingly capable hardware in unique ways, such as automated or virtual stores, leading to high valuations and exits. For consumers, the promise of smart retail is typically a more cohesive, personalized, engaging, and beneficial shopping experience.
Smart Retail: Technologies and Trends Analysis (2022-2025) Report Highlights:
-- This analysis will serve investors, retailers, and smart retail
companies by providing a bird's-eye view of recent and forthcoming
changes in retail. It illuminates smart retail strategies and categories
through multiple case studies, based on primary and secondary research.
-- Key data points, including market forecasts, are visualized as
infographics for time-saving information ingestion. These compelling
images are easily extractable for the purposes of internal
presentations. Featured experts from the smart retail space are quoted
throughout the document.
-- This data-rich report begins by identifying the frameworks and levers
that will determine market growth, such as retailers' ability to build
and nurture digital cultures, and smart retail providers' perceptions of
the trends or pain points that impact retailers most.
-- Subsequently, the report explores smart retail categories that are being
used to generate new customer experiences as part of this industry
shift. These innovative technologies are tied to aggregated surveys,
forecasts, and other data, as well as business objectives.
-- Ultimately, this report highlights the thinking of the entrepreneurs
pushing disruptions and the retailers evaluating tech deployments. This
depiction of the smart retail space could be useful as a reference point
for investments, decision-making, pitches, and presentations.
-- The report also surfaces over 200 quantitative insights within its
strategically-oriented, highly qualitative structure. Some forecasts
vary dramatically, so these projections are carefully contextualized and
represented as a spectrum.
This report will provide comprehensive answers to the following key questions:
-- How are major retailers like Walmart approaching smart retail
deployments?
-- How are smart retail startups approaching prospects and clients in
retail?
-- How can retailers transform their cultures to encourage tech
experimentation?
-- How can retailers use data to better understand consumers and curate
inventory?
-- What are the opportunities and risks in this vast data ecosystem?
-- What are some of the technologies being used to generate new shopper
experiences?
A selection of companies mentioned in this report include
-- Amazon
-- Carrefour
-- Fantastic Framing
-- FutureProof Retail
-- Gap Inc.
-- Grabango
-- Meta
-- Mitto
-- Mobile High 5
-- NordVPN
-- NZ Technologies
-- Obsess
-- SES-imagotag
-- Splitit
-- Toli 360
-- Walmart
-- Yahoo
Key Topics Covered:
1. Introduction to Smart Retail
1.1 Key Benefits of This Report
1.2 Target Audience
1.3 Companies Mentioned in This Report
1.4 Methodology
1.5 Executive Summary
2. A Strategic Framework for Smart Retail Adoption
2.1 The Role of Digital Cultures in Product/Market Fit
2.2 Organizational Change
2.3 Digital Experiments and Metrics
2.4 Using Data to Reverse-Engineer Consumer Preferences
2.5 Using Data and Intuition to Curate Inventory and Support Retail Brands
2.6 Managing the Relationship Between Content and Commerce
2.7 The Data Ecosystem: Potential Conflicts of Interest Between Smart Retail Vendors and Retailers
2.8 Smart Retail Pricing and Sales Strategies
3. Generating New Customer Experiences
3.1 Growth in Smart Retail Hardware
3.2 Smart Labels for Product Interactions
3.3 Voice Commerce for Added Convenience
3.4 Live Commerce for Inspired Sales
3.5 Touchless Displays for a Time of Pandemics
3.6 New Payment Options (BNPL) for New Purchase Behaviors
3.7 AR/VR/MR to Inspire Sales and Reduce Return Rates
4. Smart Retail Infographics
For more information about this report visit https://www.researchandmarkets.com/r/ql3j66-retail?w=5
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
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