The Asia Pacific Retail Cloud Market would witness market growth of 20.2% CAGR during the forecast period (2023-2029).
The retail sector is adopter of SaaS, although it has recovered since realizing its potential. Since SaaS offers everything that traditional Software does at the same price (sometimes less), the retail sector quickly embraces it under market conditions. The key advantages of SaaS for merchants include low starting costs, nearly no hardware costs, scalability and accessibility, and simplicity of management and upkeep. In addition, SaaS eliminates the requirement for purchasing, setting up, maintaining, and updating an online store.
One of the factors propelling the market is the shift toward omnichannel retail. The interdependence of consumers has increased, and omnichannel marketing offers them a seamless experience across online and offline channels. To store and analyze consumer data to deliver a flawless shopping experience, this form of integration necessitates the fusion of cloud technologies through data backup, chatbots, and recovery. As a result, customers may enjoy a smooth shopping experience, whether in-store, online, or using both, due to the utilization of the cloud in the retail industry. The expansion of e-commerce also forces the retail industry to adopt new technologies and maintain its competitiveness through innovative experience designs, such as omnichannel.
Rapid urbanization in India is a major driver of e-commerce expansion. The rise in internet usage and the accessibility of e-commerce websites on several platforms, including PCs, cellphones, and tablets, are credited with the industry's expansion. With e-commerce, companies may conduct transactions without requiring a physical location, which lowers the expenses of administration, infrastructure, and communication. In India, buyers prefer to make purchases using online means. The pandemic has led to an increase in consumer online shopping. Businesses in India control more e-commerce platforms than marketers, who use them to generate sales. The regional market's market players have the opportunity to grow due to the expanding e-commerce industry.
The China market dominated the Asia Pacific Retail Cloud Market by Country in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $11,001.1 million by 2029. The Japan market is estimated to grow a CAGR of 19.5% during (2023 - 2029). Additionally, The India market would register a CAGR of 21% during (2023 - 2029).
Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on Service Model, the market is segmented into Software as a Service, Platform as a Service, and Infrastructure as a Service. Based on Component, the market is segmented into Solution (Supply Chain Management, Customer Management, Workforce Management, Merchandising, Reporting & Analytics, Data Security, Omni-channel and Others) and Services. Based on Deployment Model, the market is segmented into Public Cloud, Private Cloud, and Hybrid Cloud. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Retail Cloud Market is Projected to reach USD 133 Billion by 2029, at a CAGR of 19.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Alibaba Cloud (Alibaba Group Holding Limited), Cisco Systems, Inc., Salesforce, Inc., SAP SE, IBM Corporation, Oracle Corporation, Accenture PLC, Amazon Web Services, Inc (Amazon.com, Inc.), Microsoft Corporation and Google LLC (Alphabet Inc.)
Scope of the Study
Market Segments Covered in the Report:
By Organization Size
By Service Model
- Software as a Service
- Platform as a Service
- Infrastructure as a Service
By Component
- Solution
- Supply Chain Management
- Customer Management
- Workforce Management
- Merchandising
- Reporting & Analytics
- Data Security
- Omni-channel
- Others
- Services
By Deployment Model
- Public Cloud
- Private Cloud
- Hybrid Cloud
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Alibaba Cloud (Alibaba Group Holding Limited)
- Cisco Systems, Inc.
- Salesforce, Inc.
- SAP SE
- IBM Corporation
- Oracle Corporation
- Accenture PLC
- Amazon Web Services, Inc (Amazon.com, Inc.)
- Microsoft Corporation
- Google LLC (Alphabet Inc.)
TABLE 1 Asia Pacific Retail Cloud Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Retail Cloud Market, 2023 - 2029, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Retail Cloud Market
TABLE 4 Product Launches And Product Expansions– Retail Cloud Market
TABLE 5 Acquisition and Mergers– Retail Cloud Market
TABLE 6 Asia Pacific Retail Cloud Market by Organization Size, 2019 - 2022, USD Million
TABLE 7 Asia Pacific Retail Cloud Market by Organization Size, 2023 - 2029, USD Million
TABLE 8 Asia Pacific Large Enterprises Market by Country, 2019 - 2022, USD Million
TABLE 9 Asia Pacific Large Enterprises Market by Country, 2023 - 2029, USD Million
TABLE 10 Asia Pacific SMEs Market by Country, 2019 - 2022, USD Million
TABLE 11 Asia Pacific SMEs Market by Country, 2023 - 2029, USD Million
TABLE 12 Asia Pacific Retail Cloud Market by Service Model, 2019 - 2022, USD Million
TABLE 13 Asia Pacific Retail Cloud Market by Service Model, 2023 - 2029, USD Million
TABLE 14 Asia Pacific Software as a Service Market by Country, 2019 - 2022, USD Million
TABLE 15 Asia Pacific Software as a Service Market by Country, 2023 - 2029, USD Million
TABLE 16 Asia Pacific Platform as a Service Market by Country, 2019 - 2022, USD Million
TABLE 17 Asia Pacific Platform as a Service Market by Country, 2023 - 2029, USD Million
TABLE 18 Asia Pacific Infrastructure as a Service Market by Country, 2019 - 2022, USD Million
TABLE 19 Asia Pacific Infrastructure as a Service Market by Country, 2023 - 2029, USD Million
TABLE 20 Asia Pacific Retail Cloud Market by Component, 2019 - 2022, USD Million
TABLE 21 Asia Pacific Retail Cloud Market by Component, 2023 - 2029, USD Million
TABLE 22 Asia Pacific Solution Market by Country, 2019 - 2022, USD Million
TABLE 23 Asia Pacific Solution Market by Country, 2023 - 2029, USD Million
TABLE 24 Asia Pacific Retail Cloud Market by Solution Type, 2019 - 2022, USD Million
TABLE 25 Asia Pacific Retail Cloud Market by Solution Type, 2023 - 2029, USD Million
TABLE 26 Asia Pacific Supply Chain Management Market by Country, 2019 - 2022, USD Million
TABLE 27 Asia Pacific Supply Chain Management Market by Country, 2023 - 2029, USD Million
TABLE 28 Asia Pacific Customer Management Market by Country, 2019 - 2022, USD Million
TABLE 29 Asia Pacific Customer Management Market by Country, 2023 - 2029, USD Million
TABLE 30 Asia Pacific Workforce Management Market by Country, 2019 - 2022, USD Million
TABLE 31 Asia Pacific Workforce Management Market by Country, 2023 - 2029, USD Million
TABLE 32 Asia Pacific Merchandising Market by Country, 2019 - 2022, USD Million
TABLE 33 Asia Pacific Merchandising Market by Country, 2023 - 2029, USD Million
TABLE 34 Asia Pacific Reporting & Analytics Market by Country, 2019 - 2022, USD Million
TABLE 35 Asia Pacific Reporting & Analytics Market by Country, 2023 - 2029, USD Million
TABLE 36 Asia Pacific Data Security Market by Country, 2019 - 2022, USD Million
TABLE 37 Asia Pacific Data Security Market by Country, 2023 - 2029, USD Million
TABLE 38 Asia Pacific Omni-channel Market by Country, 2019 - 2022, USD Million
TABLE 39 Asia Pacific Omni-channel Market by Country, 2023 - 2029, USD Million
TABLE 40 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 41 Asia Pacific Others Market by Country, 2023 - 2029, USD Million
TABLE 42 Asia Pacific Services Market by Country, 2019 - 2022, USD Million
TABLE 43 Asia Pacific Services Market by Country, 2023 - 2029, USD Million
TABLE 44 Asia Pacific Retail Cloud Market by Deployment Model, 2019 - 2022, USD Million
TABLE 45 Asia Pacific Retail Cloud Market by Deployment Model, 2023 - 2029, USD Million
TABLE 46 Asia Pacific Public Cloud Market by Country, 2019 - 2022, USD Million
TABLE 47 Asia Pacific Public Cloud Market by Country, 2023 - 2029, USD Million
TABLE 48 Asia Pacific Private Cloud Market by Country, 2019 - 2022, USD Million
TABLE 49 Asia Pacific Private Cloud Market by Country, 2023 - 2029, USD Million
TABLE 50 Asia Pacific Hybrid Cloud Market by Country, 2019 - 2022, USD Million
TABLE 51 Asia Pacific Hybrid Cloud Market by Country, 2023 - 2029, USD Million
TABLE 52 Asia Pacific Retail Cloud Market by Country, 2019 - 2022, USD Million
TABLE 53 Asia Pacific Retail Cloud Market by Country, 2023 - 2029, USD Million
TABLE 54 China Retail Cloud Market, 2019 - 2022, USD Million
TABLE 55 China Retail Cloud Market, 2023 - 2029, USD Million
TABLE 56 China Retail Cloud Market by Organization Size, 2019 - 2022, USD Million
TABLE 57 China Retail Cloud Market by Organization Size, 2023 - 2029, USD Million
TABLE 58 China Retail Cloud Market by Service Model, 2019 - 2022, USD Million
TABLE 59 China Retail Cloud Market by Service Model, 2023 - 2029, USD Million
TABLE 60 China Retail Cloud Market by Component, 2019 - 2022, USD Million
TABLE 61 China Retail Cloud Market by Component, 2023 - 2029, USD Million
TABLE 62 China Retail Cloud Market by Solution Type, 2019 - 2022, USD Million
TABLE 63 China Retail Cloud Market by Solution Type, 2023 - 2029, USD Million
TABLE 64 China Retail Cloud Market by Deployment Model, 2019 - 2022, USD Million
TABLE 65 China Retail Cloud Market by Deployment Model, 2023 - 2029, USD Million
TABLE 66 Japan Retail Cloud Market, 2019 - 2022, USD Million
TABLE 67 Japan Retail Cloud Market, 2023 - 2029, USD Million
TABLE 68 Japan Retail Cloud Market by Organization Size, 2019 - 2022, USD Million
TABLE 69 Japan Retail Cloud Market by Organization Size, 2023 - 2029, USD Million
TABLE 70 Japan Retail Cloud Market by Service Model, 2019 - 2022, USD Million
TABLE 71 Japan Retail Cloud Market by Service Model, 2023 - 2029, USD Million
TABLE 72 Japan Retail Cloud Market by Component, 2019 - 2022, USD Million
TABLE 73 Japan Retail Cloud Market by Component, 2023 - 2029, USD Million
TABLE 74 Japan Retail Cloud Market by Solution Type, 2019 - 2022, USD Million
TABLE 75 Japan Retail Cloud Market by Solution Type, 2023 - 2029, USD Million
TABLE 76 Japan Retail Cloud Market by Deployment Model, 2019 - 2022, USD Million
TABLE 77 Japan Retail Cloud Market by Deployment Model, 2023 - 2029, USD Million
TABLE 78 India Retail Cloud Market, 2019 - 2022, USD Million
TABLE 79 India Retail Cloud Market, 2023 - 2029, USD Million
TABLE 80 India Retail Cloud Market by Organization Size, 2019 - 2022, USD Million
TABLE 81 India Retail Cloud Market by Organization Size, 2023 - 2029, USD Million
TABLE 82 India Retail Cloud Market by Service Model, 2019 - 2022, USD Million
TABLE 83 India Retail Cloud Market by Service Model, 2023 - 2029, USD Million
TABLE 84 India Retail Cloud Market by Component, 2019 - 2022, USD Million
TABLE 85 India Retail Cloud Market by Component, 2023 - 2029, USD Million
TABLE 86 India Retail Cloud Market by Solution Type, 2019 - 2022, USD Million
TABLE 87 India Retail Cloud Market by Solution Type, 2023 - 2029, USD Million
TABLE 88 India Retail Cloud Market by Deployment Model, 2019 - 2022, USD Million
TABLE 89 India Retail Cloud Market by Deployment Model, 2023 - 2029, USD Million
TABLE 90 South Korea Retail Cloud Market, 2019 - 2022, USD Million
TABLE 91 South Korea Retail Cloud Market, 2023 - 2029, USD Million
TABLE 92 South Korea Retail Cloud Market by Organization Size, 2019 - 2022, USD Million
TABLE 93 South Korea Retail Cloud Market by Organization Size, 2023 - 2029, USD Million
TABLE 94 South Korea Retail Cloud Market by Service Model, 2019 - 2022, USD Million
TABLE 95 South Korea Retail Cloud Market by Service Model, 2023 - 2029, USD Million
TABLE 96 South Korea Retail Cloud Market by Component, 2019 - 2022, USD Million
TABLE 97 South Korea Retail Cloud Market by Component, 2023 - 2029, USD Million
TABLE 98 South Korea Retail Cloud Market by Solution Type, 2019 - 2022, USD Million
TABLE 99 South Korea Retail Cloud Market by Solution Type, 2023 - 2029, USD Million
TABLE 100 South Korea Retail Cloud Market by Deployment Model, 2019 - 2022, USD Million
TABLE 101 South Korea Retail Cloud Market by Deployment Model, 2023 - 2029, USD Million
TABLE 102 Singapore Retail Cloud Market, 2019 - 2022, USD Million
TABLE 103 Singapore Retail Cloud Market, 2023 - 2029, USD Million
TABLE 104 Singapore Retail Cloud Market by Organization Size, 2019 - 2022, USD Million
TABLE 105 Singapore Retail Cloud Market by Organization Size, 2023 - 2029, USD Million
TABLE 106 Singapore Retail Cloud Market by Service Model, 2019 - 2022, USD Million
TABLE 107 Singapore Retail Cloud Market by Service Model, 2023 - 2029, USD Million
TABLE 108 Singapore Retail Cloud Market by Component, 2019 - 2022, USD Million
TABLE 109 Singapore Retail Cloud Market by Component, 2023 - 2029, USD Million
TABLE 110 Singapore Retail Cloud Market by Solution Type, 2019 - 2022, USD Million
TABLE 111 Singapore Retail Cloud Market by Solution Type, 2023 - 2029, USD Million
TABLE 112 Singapore Retail Cloud Market by Deployment Model, 2019 - 2022, USD Million
TABLE 113 Singapore Retail Cloud Market by Deployment Model, 2023 - 2029, USD Million
TABLE 114 Malaysia Retail Cloud Market, 2019 - 2022, USD Million
TABLE 115 Malaysia Retail Cloud Market, 2023 - 2029, USD Million
TABLE 116 Malaysia Retail Cloud Market by Organization Size, 2019 - 2022, USD Million
TABLE 117 Malaysia Retail Cloud Market by Organization Size, 2023 - 2029, USD Million
TABLE 118 Malaysia Retail Cloud Market by Service Model, 2019 - 2022, USD Million
TABLE 119 Malaysia Retail Cloud Market by Service Model, 2023 - 2029, USD Million
TABLE 120 Malaysia Retail Cloud Market by Component, 2019 - 2022, USD Million
TABLE 121 Malaysia Retail Cloud Market by Component, 2023 - 2029, USD Million
TABLE 122 Malaysia Retail Cloud Market by Solution Type, 2019 - 2022, USD Million
TABLE 123 Malaysia Retail Cloud Market by Solution Type, 2023 - 2029, USD Million
TABLE 124 Malaysia Retail Cloud Market by Deployment Model, 2019 - 2022, USD Million
TABLE 125 Malaysia Retail Cloud Market by Deployment Model, 2023 - 2029, USD Million
TABLE 126 Rest of Asia Pacific Retail Cloud Market, 2019 - 2022, USD Million
TABLE 127 Rest of Asia Pacific Retail Cloud Market, 2023 - 2029, USD Million
TABLE 128 Rest of Asia Pacific Retail Cloud Market by Organization Size, 2019 - 2022, USD Million
TABLE 129 Rest of Asia Pacific Retail Cloud Market by Organization Size, 2023 - 2029, USD Million
TABLE 130 Rest of Asia Pacific Retail Cloud Market by Service Model, 2019 - 2022, USD Million
TABLE 131 Rest of Asia Pacific Retail Cloud Market by Service Model, 2023 - 2029, USD Million
TABLE 132 Rest of Asia Pacific Retail Cloud Market by Component, 2019 - 2022, USD Million
TABLE 133 Rest of Asia Pacific Retail Cloud Market by Component, 2023 - 2029, USD Million
TABLE 134 Rest of Asia Pacific Retail Cloud Market by Solution Type, 2019 - 2022, USD Million
TABLE 135 Rest of Asia Pacific Retail Cloud Market by Solution Type, 2023 - 2029, USD Million
TABLE 136 Rest of Asia Pacific Retail Cloud Market by Deployment Model, 2019 - 2022, USD Million
TABLE 137 Rest of Asia Pacific Retail Cloud Market by Deployment Model, 2023 - 2029, USD Million
TABLE 138 key information – Microsoft Corporation
TABLE 139 Key Information – Oracle Corporation
TABLE 140 Key information – IBM Corporation
TABLE 141 Key information – Accenture PLC
TABLE 142 Key Information – Google LLC
TABLE 143 Key Information – Cisco Systems, Inc.
TABLE 144 Key Information – Salesforce, Inc.
TABLE 145 Key Information – SAP SE
TABLE 146 Key Information – Amazon Web Services, Inc.
TABLE 147 Key Information – Alibaba Cloud
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2021
FIG 4 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 5 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2021, Mar – 2023, Mar) Leading Players
FIG 6 Asia Pacific Retail Cloud Market share by Organization Size, 2022
FIG 7 Asia Pacific Retail Cloud Market share by Organization Size, 2029
FIG 8 Asia Pacific Retail Cloud Market by Organization Size, 2019 - 2029, USD Million
FIG 9 Asia Pacific Retail Cloud Market share by Service Model, 2022
FIG 10 Asia Pacific Retail Cloud Market share by Service Model, 2029
FIG 11 Asia Pacific Retail Cloud Market by Service Model, 2019 - 2029, USD Million
FIG 12 Asia Pacific Retail Cloud Market share by Component, 2022
FIG 13 Asia Pacific Retail Cloud Market share by Component, 2029
FIG 14 Asia Pacific Retail Cloud Market by Component, 2019 - 2029, USD Million
FIG 15 Asia Pacific Retail Cloud Market share by Deployment Model, 2022
FIG 16 Asia Pacific Retail Cloud Market share by Deployment Model, 2029
FIG 17 Asia Pacific Retail Cloud Market by Deployment Model, 2019 - 2029, USD Million
FIG 18 Asia Pacific Retail Cloud Market share by Country, 2022
FIG 19 Asia Pacific Retail Cloud Market share by Country, 2029
FIG 20 Asia Pacific Retail Cloud Market by Country, 2019 – 2029, USD Million
FIG 21 Recent strategies and developments: Microsoft Corporation
FIG 22 SWOT Analysis: Microsoft Corporation
FIG 23 Recent strategies and developments: Oracle Corporation
FIG 24 SWOT analysis: Oracle Corporation
FIG 25 Recent strategies and developments: IBM Corporation
FIG 26 Swot analysis: IBM Corporation
FIG 27 Recent strategies and developments: Accenture PLC
FIG 28 Swot analysis: Accenture plC
FIG 29 SWOT Analysis: Alphabet Inc. (Google LLC)
FIG 30 SWOT Analysis: Cisco Systems, Inc.
FIG 31 SWOT Analysis: Salesforce.com, Inc.
FIG 32 SWOT Analysis: SAP SE
FIG 33 SWOT analysis: Amazon.com, Inc.