Connected Retail Industry Overview
The competition in the connected retail market is growing owing to the presence and entry of players in the market operating in domestic as well as in the international markets. The market appears to be moderately concentrated with major players adopting strategies like product and service innovation and mergers and acquisitions. Some of the major players in the market areCisco Systems Inc.,Microsoft Corporation,Intel Corporation,IBM Corporation among others.
- January 2018 - Samsung launched its connected pop-up store solution for retailers at national retail federation's big show 2018. These solutions will help retailers harness the power of data to design and deliver an enhanced, more intelligent customer experience.
- January 2018 - Honeywell announced that its Connected Retail Solution demonstrated 20% gains in worker productivity in retail stores.
Connected Retail Market Leaders
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Cisco Systems Inc.
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Microsoft Corporation
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Intel Corporation
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IBM Corporation
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Honeywell International Inc.
- *Disclaimer: Major Players sorted in no particular order
