The Asia Pacific Smart Retail Market would witness market growth of 28.7% CAGR during the forecast period (2023-2030).
In several domains, like logistics and supply chains, back-office operations, merchandising, shop operations, sales and marketing, and customer-facing experiences, robotics may foster innovation and help boost top and bottom-line results. User-specific solutions are being created for online stores by users who are both customers and business users. Robotic order picking has already changed how distribution centers operate due to its fantastic speed and precision. Robotics in the logistics and supply chain may help retailers save much money by preventing shortages and losses due to stockouts and shrinkage brought on by administrative mistakes.
It enables merchants to shift salespeople to jobs that will boost sales. Currently used to transport little products, drones may soon deliver more significant items of all different forms and sizes. In addition, several gadgets are deployed at different retail shop locations for various uses. For instance, the retail store's carefully chosen placement of tiny sensors known as Bluetooth low-energy beacons. These sensors are compatible with smartphones and include Bluetooth smart technology. To neighboring smart devices within range, this Bluetooth low-energy beacon device sends continuous radio signals.
The Indian retail industry has evolved into one of the most dynamic and quick-paced sectors. There have been many investments and changes in India's retail industry recently. As part of its efforts to grow its business in India, the UAE-based retail giant Lulu Group will spend Rs. 2,000 crores (US$ 242.3 million) to construct a shopping mall close to Ahmedabad in Gujarat. Between April 2000 and September 2022, India's retail trade industry collected US$4.29 billion in FDI. Many businesses in this area are starting to realize how important it is to connect with smart gadgets using cutting-edge methods to improve customers' shopping experience.
The China market dominated the Asia Pacific Smart Retail Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $15,650.1 million by 2030. The Japan market is poised to grow at a CAGR of 27.9% during (2023 - 2030). Additionally, The India market would experience a CAGR of 29.5% during (2023 - 2030).
Based on Application, the market is segmented into Visual Marketing, Intelligent System, Smart Payment System, Smart Label, and Others. Based on Solution, the market is segmented into Hardware, and Software. 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 Smart Retail Market is Projected to reach USD 201.6 Billion by 2030, at a CAGR of 27.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Amazon.com, Inc., Cisco Systems, Inc, Google LLC (Alphabet Inc.), Honeywell International, Inc., Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), IBM Corporation, NCR Corporation, NVIDIA Corporation, Intel Corporation, and NXP Semiconductors N.V.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Visual Marketing
- Intelligent System
- Smart Payment System
- Smart Label
- Others
By Solution
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Amazon.com, Inc.
- Cisco Systems, Inc
- Google LLC (Alphabet Inc.)
- Honeywell International, Inc.
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- IBM Corporation
- NCR Corporation
- NVIDIA Corporation
- Intel Corporation
- NXP Semiconductors N.V.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Smart Retail Market, by Application
1.4.2 Asia Pacific Smart Retail Market, by Solution
1.4.3 Asia Pacific Smart Retail Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
3.3.2 Key Strategic Move: (Mergers & Acquisition: 2019, Dec – 2023, May) Leading Players
Chapter 4. Asia Pacific Smart Retail Market by Application
4.1 Asia Pacific Visual Marketing Market by Country
4.2 Asia Pacific Intelligent System Market by Country
4.3 Asia Pacific Smart Payment System Market by Country
4.4 Asia Pacific Smart Label Market by Country
4.5 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Smart Retail Market by Solution
5.1 Asia Pacific Hardware Market by Country
5.2 Asia Pacific Software Market by Country
Chapter 6. Asia Pacific Smart Retail Market by Country
6.1 China Smart Retail Market
6.1.1 China Smart Retail Market by Application
6.1.2 China Smart Retail Market by Solution
6.2 Japan Smart Retail Market
6.2.1 Japan Smart Retail Market by Application
6.2.2 Japan Smart Retail Market by Solution
6.3 India Smart Retail Market
6.3.1 India Smart Retail Market by Application
6.3.2 India Smart Retail Market by Solution
6.4 South Korea Smart Retail Market
6.4.1 South Korea Smart Retail Market by Application
6.4.2 South Korea Smart Retail Market by Solution
6.5 Singapore Smart Retail Market
6.5.1 Singapore Smart Retail Market by Application
6.5.2 Singapore Smart Retail Market by Solution
6.6 Malaysia Smart Retail Market
6.6.1 Malaysia Smart Retail Market by Application
6.6.2 Malaysia Smart Retail Market by Solution
6.7 Rest of Asia Pacific Smart Retail Market
6.7.1 Rest of Asia Pacific Smart Retail Market by Application
6.7.2 Rest of Asia Pacific Smart Retail Market by Solution
Chapter 7. Company Profiles
7.1 Amazon.com, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental Analysis
7.1.4 Recent strategies and developments:
7.1.4.1 Partnerships, Collaborations, and Agreements:
7.1.4.2 Product Launches and Product Expansions:
7.1.4.3 Acquisition and Mergers:
7.1.5 SWOT Analysis
7.2 Cisco Systems, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Product Launches and Product Expansions:
7.2.5.2 Acquisition and Mergers:
7.2.6 SWOT Analysis
7.3 Google LLC (Alphabet Inc.)
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.3.6 SWOT Analysis
7.4 Intel Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.4.5 SWOT Analysis
7.5 Honeywell International, Inc.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 Recent strategies and developments:
7.5.5.1 Product Launches and Product Expansions:
7.5.6 SWOT Analysis
7.6 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.7 IBM Corporation
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Regional & Segmental Analysis
7.7.4 Research & Development Expenses
7.7.5 Recent strategies and developments:
7.7.5.1 Product Launches and Product Expansions:
7.7.5.2 Acquisition and Mergers:
7.7.6 SWOT Analysis
7.8 NCR Corporation
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expenses
7.8.5 Recent strategies and developments:
7.8.5.1 Partnerships, Collaborations, and Agreements:
7.8.5.2 Acquisition and Mergers:
7.9 NVIDIA Corporation
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expenses
7.9.5 Recent strategies and developments:
7.9.5.1 Partnerships, Collaborations, and Agreements:
7.9.5.2 Acquisition and Mergers:
7.9.6 SWOT Analysis
7.10. NXP Semiconductors N.V.
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Regional Analysis
7.10.4 Research & Development Expense
7.10.5 Recent strategies and developments:
7.10.5.1 Acquisition and Mergers:
7.10.6 SWOT Analysis
TABLE 1 Asia Pacific Smart Retail Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Smart Retail Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Smart Retail Market
TABLE 4 Product Launches And Product Expansions– Smart Retail Market
TABLE 5 Acquisition and Mergers– Smart Retail Market
TABLE 6 Asia Pacific Smart Retail Market by Application, 2019 - 2022, USD Million
TABLE 7 Asia Pacific Smart Retail Market by Application, 2023 - 2030, USD Million
TABLE 8 Asia Pacific Visual Marketing Market by Country, 2019 - 2022, USD Million
TABLE 9 Asia Pacific Visual Marketing Market by Country, 2023 - 2030, USD Million
TABLE 10 Asia Pacific Intelligent System Market by Country, 2019 - 2022, USD Million
TABLE 11 Asia Pacific Intelligent System Market by Country, 2023 - 2030, USD Million
TABLE 12 Asia Pacific Smart Payment System Market by Country, 2019 - 2022, USD Million
TABLE 13 Asia Pacific Smart Payment System Market by Country, 2023 - 2030, USD Million
TABLE 14 Asia Pacific Smart Label Market by Country, 2019 - 2022, USD Million
TABLE 15 Asia Pacific Smart Label Market by Country, 2023 - 2030, USD Million
TABLE 16 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 17 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 18 Asia Pacific Smart Retail Market by Solution, 2019 - 2022, USD Million
TABLE 19 Asia Pacific Smart Retail Market by Solution, 2023 - 2030, USD Million
TABLE 20 Asia Pacific Hardware Market by Country, 2019 - 2022, USD Million
TABLE 21 Asia Pacific Hardware Market by Country, 2023 - 2030, USD Million
TABLE 22 Asia Pacific Software Market by Country, 2019 - 2022, USD Million
TABLE 23 Asia Pacific Software Market by Country, 2023 - 2030, USD Million
TABLE 24 Asia Pacific Smart Retail Market by Country, 2019 - 2022, USD Million
TABLE 25 Asia Pacific Smart Retail Market by Country, 2023 - 2030, USD Million
TABLE 26 China Smart Retail Market, 2019 - 2022, USD Million
TABLE 27 China Smart Retail Market, 2023 - 2030, USD Million
TABLE 28 China Smart Retail Market by Application, 2019 - 2022, USD Million
TABLE 29 China Smart Retail Market by Application, 2023 - 2030, USD Million
TABLE 30 China Smart Retail Market by Solution, 2019 - 2022, USD Million
TABLE 31 China Smart Retail Market by Solution, 2023 - 2030, USD Million
TABLE 32 Japan Smart Retail Market, 2019 - 2022, USD Million
TABLE 33 Japan Smart Retail Market, 2023 - 2030, USD Million
TABLE 34 Japan Smart Retail Market by Application, 2019 - 2022, USD Million
TABLE 35 Japan Smart Retail Market by Application, 2023 - 2030, USD Million
TABLE 36 Japan Smart Retail Market by Solution, 2019 - 2022, USD Million
TABLE 37 Japan Smart Retail Market by Solution, 2023 - 2030, USD Million
TABLE 38 India Smart Retail Market, 2019 - 2022, USD Million
TABLE 39 India Smart Retail Market, 2023 - 2030, USD Million
TABLE 40 India Smart Retail Market by Application, 2019 - 2022, USD Million
TABLE 41 India Smart Retail Market by Application, 2023 - 2030, USD Million
TABLE 42 India Smart Retail Market by Solution, 2019 - 2022, USD Million
TABLE 43 India Smart Retail Market by Solution, 2023 - 2030, USD Million
TABLE 44 South Korea Smart Retail Market, 2019 - 2022, USD Million
TABLE 45 South Korea Smart Retail Market, 2023 - 2030, USD Million
TABLE 46 South Korea Smart Retail Market by Application, 2019 - 2022, USD Million
TABLE 47 South Korea Smart Retail Market by Application, 2023 - 2030, USD Million
TABLE 48 South Korea Smart Retail Market by Solution, 2019 - 2022, USD Million
TABLE 49 South Korea Smart Retail Market by Solution, 2023 - 2030, USD Million
TABLE 50 Singapore Smart Retail Market, 2019 - 2022, USD Million
TABLE 51 Singapore Smart Retail Market, 2023 - 2030, USD Million
TABLE 52 Singapore Smart Retail Market by Application, 2019 - 2022, USD Million
TABLE 53 Singapore Smart Retail Market by Application, 2023 - 2030, USD Million
TABLE 54 Singapore Smart Retail Market by Solution, 2019 - 2022, USD Million
TABLE 55 Singapore Smart Retail Market by Solution, 2023 - 2030, USD Million
TABLE 56 Malaysia Smart Retail Market, 2019 - 2022, USD Million
TABLE 57 Malaysia Smart Retail Market, 2023 - 2030, USD Million
TABLE 58 Malaysia Smart Retail Market by Application, 2019 - 2022, USD Million
TABLE 59 Malaysia Smart Retail Market by Application, 2023 - 2030, USD Million
TABLE 60 Malaysia Smart Retail Market by Solution, 2019 - 2022, USD Million
TABLE 61 Malaysia Smart Retail Market by Solution, 2023 - 2030, USD Million
TABLE 62 Rest of Asia Pacific Smart Retail Market, 2019 - 2022, USD Million
TABLE 63 Rest of Asia Pacific Smart Retail Market, 2023 - 2030, USD Million
TABLE 64 Rest of Asia Pacific Smart Retail Market by Application, 2019 - 2022, USD Million
TABLE 65 Rest of Asia Pacific Smart Retail Market by Application, 2023 - 2030, USD Million
TABLE 66 Rest of Asia Pacific Smart Retail Market by Solution, 2019 - 2022, USD Million
TABLE 67 Rest of Asia Pacific Smart Retail Market by Solution, 2023 - 2030, USD Million
TABLE 68 Key Information – Amazon.com, Inc.
TABLE 69 Key Information – Cisco Systems, Inc.
TABLE 70 Key Information – Google LLC
TABLE 71 Key Information – Intel Corporation
TABLE 72 Key Information – Honeywell International, Inc.
TABLE 73 key information – Huawei Technologies Co., Ltd.
TABLE 74 Key information – IBM Corporation
TABLE 75 Key Information – NCR Corporation
TABLE 76 Key Information – NVIDIA Corporation
TABLE 77 Key Information – NXP Semiconductors N.V.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 4 Key Strategic Move: (Mergers & Acquisition : 2019, Dec – 2023, May) Leading Players
FIG 5 Asia Pacific Smart Retail Market share by Application, 2022
FIG 6 Asia Pacific Smart Retail Market share by Application, 2030
FIG 7 Asia Pacific Smart Retail Market by Application, 2019 - 2030, USD Million
FIG 8 Asia Pacific Smart Retail Market share by Solution, 2022
FIG 9 Asia Pacific Smart Retail Market share by Solution, 2030
FIG 10 Asia Pacific Smart Retail Market by Solution, 2019 - 2030, USD Million
FIG 11 Asia Pacific Smart Retail Market share by Country, 2022
FIG 12 Asia Pacific Smart Retail Market share by Country, 2030
FIG 13 Asia Pacific Smart Retail Market by Country, 2019 - 2030, USD Million
FIG 14 Recent strategies and developments: Amazon.com, Inc.
FIG 15 SWOT Analysis: Amazon.com, Inc.
FIG 16 Recent strategies and developments: Cisco Systems, Inc.
FIG 17 SWOT Analysis: Cisco Systems, Inc.
FIG 18 SWOT Analysis: Alphabet Inc. (Google LLC)
FIG 19 SWOT Analysis: Intel corporation
FIG 20 Swot Analysis: Honeywell International, Inc.
FIG 21 Recent strategies and developments: IBM Corporation
FIG 22 Swot Analysis: IBM Corporation
FIG 23 SWOT Analysis: NVIDIA Corporation
FIG 24 Swot Analysis: NXP Semiconductors N.V.