Global Internet of Things (IoT) in Retail Market to Reach $123 Billion by 2030
The global market for Internet of Things (IoT) in Retail estimated at US$31.2 Billion in the year 2022, is projected to reach a revised size of US$123 Billion by 2030, growing at a CAGR of 18.7% over the analysis period 2022-2030. Software, one of the segments analyzed in the report, is projected to record 20.1% CAGR and reach US$64.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Hardware segment is readjusted to a revised 17.9% CAGR for the next 8-year period.The U.S. Market is Estimated at $9.2 Billion, While China is Forecast to Grow at 17.7% CAGR
The Internet of Things (IoT) in Retail market in the U.S. is estimated at US$9.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$20.6 Billion by the year 2030 trailing a CAGR of 17.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 16.2% and 15.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 12.2% CAGR.Select Competitors (Total 37 Featured) -
- Accenture
- Allerin
- Amazon Web Services
- AT&T
- Bosch.Io
- Cisco
- Happiest Minds
- Huawei
- IBM
- Intel
- Microsoft
- NEC Corporation
- Oracle
- PTC
- SAP
- Sierra Wireless
- Software AG
- Telit
- Vodafone
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Internet of Things (IoT) in Retail - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
4. GLOBAL MARKET PERSPECTIVE
- Table 1: World Recent Past, Current & Future Analysis for Internet of Things (IoT) in Retail by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 2: World 8-Year Perspective for Internet of Things (IoT) in Retail by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2023 & 2030
- Table 3: World Recent Past, Current & Future Analysis for Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 4: World 8-Year Perspective for Software by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 5: World Recent Past, Current & Future Analysis for Hardware by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 6: World 8-Year Perspective for Hardware by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 7: World Recent Past, Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 8: World 8-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 9: World Recent Past, Current & Future Analysis for Operations Management by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 10: World 8-Year Perspective for Operations Management by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 11: World Recent Past, Current & Future Analysis for Asset Management by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 12: World 8-Year Perspective for Asset Management by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 13: World Recent Past, Current & Future Analysis for Customer Experience Management by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 14: World 8-Year Perspective for Customer Experience Management by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 15: World Recent Past, Current & Future Analysis for Advertising & Marketing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 16: World 8-Year Perspective for Advertising & Marketing by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 17: World Internet of Things (IoT) in Retail Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
UNITED STATES
- Internet of Things (IoT) in Retail Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
- Table 18: USA Recent Past, Current & Future Analysis for Internet of Things (IoT) in Retail by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 19: USA 8-Year Perspective for Internet of Things (IoT) in Retail by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2023 & 2030
- Table 20: USA Recent Past, Current & Future Analysis for Internet of Things (IoT) in Retail by Application - Operations Management, Asset Management, Customer Experience Management and Advertising & Marketing - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 21: USA 8-Year Perspective for Internet of Things (IoT) in Retail by Application - Percentage Breakdown of Value Sales for Operations Management, Asset Management, Customer Experience Management and Advertising & Marketing for the Years 2023 & 2030
CANADA
- Table 22: Canada Recent Past, Current & Future Analysis for Internet of Things (IoT) in Retail by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 23: Canada 8-Year Perspective for Internet of Things (IoT) in Retail by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2023 & 2030
- Table 24: Canada Recent Past, Current & Future Analysis for Internet of Things (IoT) in Retail by Application - Operations Management, Asset Management, Customer Experience Management and Advertising & Marketing - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 25: Canada 8-Year Perspective for Internet of Things (IoT) in Retail by Application - Percentage Breakdown of Value Sales for Operations Management, Asset Management, Customer Experience Management and Advertising & Marketing for the Years 2023 & 2030
JAPAN
- Internet of Things (IoT) in Retail Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
- Table 26: Japan Recent Past, Current & Future Analysis for Internet of Things (IoT) in Retail by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 27: Japan 8-Year Perspective for Internet of Things (IoT) in Retail by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2023 & 2030
- Table 28: Japan Recent Past, Current & Future Analysis for Internet of Things (IoT) in Retail by Application - Operations Management, Asset Management, Customer Experience Management and Advertising & Marketing - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 29: Japan 8-Year Perspective for Internet of Things (IoT) in Retail by Application - Percentage Breakdown of Value Sales for Operations Management, Asset Management, Customer Experience Management and Advertising & Marketing for the Years 2023 & 2030
CHINA
- Internet of Things (IoT) in Retail Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
- Table 30: China Recent Past, Current & Future Analysis for Internet of Things (IoT) in Retail by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 31: China 8-Year Perspective for Internet of Things (IoT) in Retail by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2023 & 2030
- Table 32: China Recent Past, Current & Future Analysis for Internet of Things (IoT) in Retail by Application - Operations Management, Asset Management, Customer Experience Management and Advertising & Marketing - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 33: China 8-Year Perspective for Internet of Things (IoT) in Retail by Application - Percentage Breakdown of Value Sales for Operations Management, Asset Management, Customer Experience Management and Advertising & Marketing for the Years 2023 & 2030
EUROPE
- Internet of Things (IoT) in Retail Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
- Table 34: Europe Recent Past, Current & Future Analysis for Internet of Things (IoT) in Retail by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 35: Europe 8-Year Perspective for Internet of Things (IoT) in Retail by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2023 & 2030
- Table 36: Europe Recent Past, Current & Future Analysis for Internet of Things (IoT) in Retail by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 37: Europe 8-Year Perspective for Internet of Things (IoT) in Retail by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2023 & 2030
- Table 38: Europe Recent Past, Current & Future Analysis for Internet of Things (IoT) in Retail by Application - Operations Management, Asset Management, Customer Experience Management and Advertising & Marketing - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 39: Europe 8-Year Perspective for Internet of Things (IoT) in Retail by Application - Percentage Breakdown of Value Sales for Operations Management, Asset Management, Customer Experience Management and Advertising & Marketing for the Years 2023 & 2030
FRANCE
- Internet of Things (IoT) in Retail Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
- Table 40: France Recent Past, Current & Future Analysis for Internet of Things (IoT) in Retail by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 41: France 8-Year Perspective for Internet of Things (IoT) in Retail by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2023 & 2030
- Table 42: France Recent Past, Current & Future Analysis for Internet of Things (IoT) in Retail by Application - Operations Management, Asset Management, Customer Experience Management and Advertising & Marketing - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 43: France 8-Year Perspective for Internet of Things (IoT) in Retail by Application - Percentage Breakdown of Value Sales for Operations Management, Asset Management, Customer Experience Management and Advertising & Marketing for the Years 2023 & 2030
GERMANY
- Internet of Things (IoT) in Retail Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
- Table 44: Germany Recent Past, Current & Future Analysis for Internet of Things (IoT) in Retail by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 45: Germany 8-Year Perspective for Internet of Things (IoT) in Retail by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2023 & 2030
- Table 46: Germany Recent Past, Current & Future Analysis for Internet of Things (IoT) in Retail by Application - Operations Management, Asset Management, Customer Experience Management and Advertising & Marketing - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 47: Germany 8-Year Perspective for Internet of Things (IoT) in Retail by Application - Percentage Breakdown of Value Sales for Operations Management, Asset Management, Customer Experience Management and Advertising & Marketing for the Years 2023 & 2030
ITALY
- Table 48: Italy Recent Past, Current & Future Analysis for Internet of Things (IoT) in Retail by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 49: Italy 8-Year Perspective for Internet of Things (IoT) in Retail by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2023 & 2030
- Table 50: Italy Recent Past, Current & Future Analysis for Internet of Things (IoT) in Retail by Application - Operations Management, Asset Management, Customer Experience Management and Advertising & Marketing - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 51: Italy 8-Year Perspective for Internet of Things (IoT) in Retail by Application - Percentage Breakdown of Value Sales for Operations Management, Asset Management, Customer Experience Management and Advertising & Marketing for the Years 2023 & 2030
UNITED KINGDOM
- Internet of Things (IoT) in Retail Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
- Table 52: UK Recent Past, Current & Future Analysis for Internet of Things (IoT) in Retail by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 53: UK 8-Year Perspective for Internet of Things (IoT) in Retail by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2023 & 2030
- Table 54: UK Recent Past, Current & Future Analysis for Internet of Things (IoT) in Retail by Application - Operations Management, Asset Management, Customer Experience Management and Advertising & Marketing - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 55: UK 8-Year Perspective for Internet of Things (IoT) in Retail by Application - Percentage Breakdown of Value Sales for Operations Management, Asset Management, Customer Experience Management and Advertising & Marketing for the Years 2023 & 2030
REST OF EUROPE
- Table 56: Rest of Europe Recent Past, Current & Future Analysis for Internet of Things (IoT) in Retail by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 57: Rest of Europe 8-Year Perspective for Internet of Things (IoT) in Retail by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2023 & 2030
- Table 58: Rest of Europe Recent Past, Current & Future Analysis for Internet of Things (IoT) in Retail by Application - Operations Management, Asset Management, Customer Experience Management and Advertising & Marketing - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 59: Rest of Europe 8-Year Perspective for Internet of Things (IoT) in Retail by Application - Percentage Breakdown of Value Sales for Operations Management, Asset Management, Customer Experience Management and Advertising & Marketing for the Years 2023 & 2030
ASIA-PACIFIC
- Internet of Things (IoT) in Retail Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
- Table 60: Asia-Pacific Recent Past, Current & Future Analysis for Internet of Things (IoT) in Retail by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 61: Asia-Pacific 8-Year Perspective for Internet of Things (IoT) in Retail by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2023 & 2030
- Table 62: Asia-Pacific Recent Past, Current & Future Analysis for Internet of Things (IoT) in Retail by Application - Operations Management, Asset Management, Customer Experience Management and Advertising & Marketing - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 63: Asia-Pacific 8-Year Perspective for Internet of Things (IoT) in Retail by Application - Percentage Breakdown of Value Sales for Operations Management, Asset Management, Customer Experience Management and Advertising & Marketing for the Years 2023 & 2030
REST OF WORLD
- Table 64: Rest of World Recent Past, Current & Future Analysis for Internet of Things (IoT) in Retail by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 65: Rest of World 8-Year Perspective for Internet of Things (IoT) in Retail by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2023 & 2030
- Table 66: Rest of World Recent Past, Current & Future Analysis for Internet of Things (IoT) in Retail by Application - Operations Management, Asset Management, Customer Experience Management and Advertising & Marketing - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 67: Rest of World 8-Year Perspective for Internet of Things (IoT) in Retail by Application - Percentage Breakdown of Value Sales for Operations Management, Asset Management, Customer Experience Management and Advertising & Marketing for the Years 2023 & 2030
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Accenture
- Allerin
- Amazon Web Services
- AT&T
- Bosch.Io
- Cisco
- Happiest Minds
- Huawei
- IBM
- Intel
- Microsoft
- NEC Corporation
- Oracle
- PTC
- SAP
- Sierra Wireless
- Software AG
- Telit
- Vodafone
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 93 |
Published | May 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 31.2 Billion |
Forecasted Market Value ( USD | $ 123 Billion |
Compound Annual Growth Rate | 18.7% |
Regions Covered | Global |