Aarkstore Enterprise announced latest Market Research Report Titled " Asia Connected Retail Solutions Market trend 2023"
Based on application segment insights:
Growing investments to digitize the supply chain process, adoption of omnichannel strategies to integrate both online and offline customer experience, and technological innovations such as IoT, AI, Big Data and blockchain will drive profitability of the market. The supply chain management (SCM) segment will drive a high CAGR (33.1%) during the forecast period. Close on its heels will be the Business Analytics/Business Intelligence segment, anticipated to expand at a CAGR of 25%.
Based on country insights:
In 2018, China represented the largest market share, accounting for 66% of Asia’s connected retail solutions market revenue. China’s mega corporations, Alibaba and Tencent, have heralded the era of digital retail by forging partnerships and pursuing acquisitions and organic business creation strategies to introduce a shared retail ecosystem for customers. However, India is anticipated to expand at the highest CAGR during the forecast period owing to its huge smartphone penetration and the presence of diversified digital payment modes.
key highlights:
Asia Connected Retail Solutions Market definitions
Asia Connected Retail Solutions Market Overview
Market scope and segmentation
Market drivers and challenges
Supply Chain Management
Customer Relationship Management
Companies covered:
• Cisco Systems
• Inte
• IBM
• Microsoft
• Samsung Electronics
About Aarkstore Enterprise
Aarkstore curates global market research reports from various industry verticals and serves businesses worldwide. As market research report resellers, we at Aarkstore, partner with established publishers for both; syndicated data and customized reports. The market research data supplied by us is up-to-date and reliable for current day industry analysis and future market forecasts equally.
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For more details visit: https://www.aarkstore.com/technology/1654553/asia-connected-retail-solutions-market
Category: Technology Market Research
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