North America connected retail solutions market is expected to expand at a CAGR of 17.84% during the 2018-2023 period, owing to the rapid adoption of the Internet of Things (IoT), and high penetration of smartphones.
Based on application segment insights:
Owing to high Internet penetration rates, adoption of IoT and use of omnichannel strategies to integrate both online and offline customer experience, as well as innovative technological innovations such as IoT, AI, and Big Data will drive the growing market. The Supply Chain Management (SCM) segment will have significantly high CAGR (34.20%) during the forecast period. Close on its heels will be the Customer Relationship Management (CRM) segment, anticipated to expand at a CAGR of 15.30%.
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• Cisco Systems
• Verizon Communications
Based on country insights:
In 2018, the United States represented the largest market share, accounting for 95.35% of North America’s connected retail solutions market revenue. North America’s mega-corporations, Verizon Communications, and Microsoft have started the era of digital retail through partnerships and acquisitions and organic business creation strategies to introduce a shared retail ecosystem for customers as well as the retailers. However, Canada is anticipated to expand at the highest CAGR during the forecast period owing to its vast smartphone penetration and high disposable income.
The North America connected retail solutions Market report delivers growing significant as well as current growth parameters of the whole market, growth prospects of the market are increased with maximum precision. It shows absolute study about major drivers enhancing this market along with restraining factors that can hamper the growth of market. It also projects opportunities that will show substantial growth rate in near future. In current years, complementary developments have been made in terms of technology, a trend that has propelled the North America connected retail solutions market to navigate exponential growth paths.
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Table of Content:
Global “North America Connected Retail Solutions Market” Research Report 2019-2025
Chapter 1: Industry Overview
Chapter 2: North America Connected Retail Solutions Market Analysis
Chapter 3: Environment Analysis of North America Connected Retail Solutions
Chapter 4: Analysis of Revenue by Classifications
Chapter 5: Analysis of Revenue by Regions and Applications
Chapter 6: Analysis of North America Connected Retail Solutions Revenue Market Status.
Chapter 7: Analysis of North America Connected Retail Solutions Industry Key Manufacturers
Chapter 8: Sales Price and Gross Margin Analysis
Chapter 9: Marketing Trader or Distributor Analysis of North America Connected Retail Solutions Market
Chapter 10: Development Trend of North America Connected Retail Solutions Industry 2019-2025
Chapter 11: Industry Chain Suppliers of North America Connected Retail Solutions with Contact Information
Chapter 12: New Project Investment Feasibility Analysis of North America Connected Retail Solutions
Chapter 13: Conclusion of the Global North America Connected Retail Solutions Market Research Report
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