According to new market research report “Retail Analytics Market by Business Function (Marketing and Customer, Merchandizing and in-Store, Supply Chain, Strategy and Planning), & by Solutions (Analytical Tools, Mobile Applications, Reporting Tools) - Worldwide Forecasts and Analysis (2014 – 2019)”, published by MarketsandMarkets, defines and segments the retail analytics market into various sub-segments with an in-depth analysis and forecasting of revenues. It also identifies the drivers and restraints for this market with the insights on trends, opportunities, and challenges.
Browse 65 market data tables and 48 figures spread through 180 pages and in-depth TOC on “Retail Analytics Market - Worldwide Forecasts and Analysis (2014 – 2019)”
Early buyers will receive 10% customization on this report.
Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=123460609
According to recent studies, various sources of shrink such as theft, Organized Retail Crime (OCR), fraud from supplier’s end, shoplifting and others caused an overall loss of around $112 Billion in 2012. Minimizing such monetary losses is one of the functionalities that the retail analytics solutions offer today. Thus, a number of Small and Medium Businesses (SMBs) and large enterprises are rapidly deploying data analytics tools that can provide effective prediction, analysis and reporting for alleviating shrink.
MarketsandMarkets has broadly segmented the retail analytics market by business functions into marketing and customer analytics, merchandizing and in-store, supply chain and strategy and planning; by solutions into data management software, analytics software, mobile applications, and reporting and visualization tools; by services into professional services and support and maintenance services; by deployment type into on-premise and on-demand and by regions into North America (NA), Europe, Latin America (LA), Asia-Pacific (APAC), and Middle East and Africa (MEA).
Though the retail analytics solutions are applied for numerous functionalities such as campaign management, customer acquisition, retention and loyalty management, space planning and optimization, cluster planning, demand and supply forecasting, inventory management, workforce management, fraud and risk management and others. MarketsandMarkets believes that spend shift at the consumer end attributed to the economic slowdown and technological constraints are the major issues in the retail analytics market. These challenges carry significant potential of hampering the adoption rate of retail analytics solutions by numerous retailers.
The Retail Analytics Market is estimated to grow from $1.88 billion in 2014 to $4.40 billion in 2019, at a Compound Annual Growth Rate (CAGR) of 18.6% from 2014 to 2019. Geographically, North America is expected to be the biggest market in terms of revenue contribution while Latin America (LA) and Asia-Pacific (APAC) are expected to emerge rapidly in this market with high CAGRs for 2019.
For more Inquiry: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=123460609
MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza,
17304, Preston Road,
Suite 800, Dallas, TX 75252