Page 11 - index
P. 11
RESEARCH, ANALYSIS & TRENDS
The same month, a MarketsandMarkets report estimat-
ed that the global market size of the retail IoT—
including hardware, software and services—would in-
crease from $14.28 billion in 2015 to $35.64 billion in
2020, representing a 20.07% compound annual growth
rate (CAGR).
Under constant pressure to drive sales, increase mar-
gins and cultivate repeat business, retailers have been
early movers with the IoT, at least by some accounts.
An August 2015 International Data Corporation (IDC)
survey found that global decision-makers in the retail
industry, when compared with those in other sectors,
were most familiar with the IoT.◊
Source: eMarketer.com
Source: eMarketer
MediaBUZZ Pte Ltd - Independant ePublisher for Digital Marketing and Terchnology in Asia
The same month, a MarketsandMarkets report estimat-
ed that the global market size of the retail IoT—
including hardware, software and services—would in-
crease from $14.28 billion in 2015 to $35.64 billion in
2020, representing a 20.07% compound annual growth
rate (CAGR).
Under constant pressure to drive sales, increase mar-
gins and cultivate repeat business, retailers have been
early movers with the IoT, at least by some accounts.
An August 2015 International Data Corporation (IDC)
survey found that global decision-makers in the retail
industry, when compared with those in other sectors,
were most familiar with the IoT.◊
Source: eMarketer.com
Source: eMarketer
MediaBUZZ Pte Ltd - Independant ePublisher for Digital Marketing and Terchnology in Asia
