Advanced Shopping Technology Market By Application ( Beacons, Virtual reality, Smart Shelves, Retail Apps, Social Show rooming ), Industry Trends, Estimation & Forecast, 2017-2025

April 2018

 Pages: 174

 ERC 2170

Advanced Shopping Technology Market is expected to grow with a CAGR of xx% during the forecast period of 2018 to 2025.

With the continuous advancement of technology, the shopping methodology is also transforming with a complete change in the shopping and retailing format. Since the last decade, the traditional and conventional shops, with sales men and check-in counters are now being replaced by the rapidly flourishing online shopping, which has completely changed the trends of shopping all over the globe. Moreover, changing lifestyle, lack of time and increasing working class population has compelled the major and well settled retailing stores to come up with innovative, technically enhanced and least time consuming shopping methods which will prevent the customers from waiting in long queues, cashier dealings and card handling and many other hectic tasks. A strong competitive scenario and emergence of IoT coupled with changing inclination of customers is generating a pressure on the major market players to incorporate innovative technologies within their businesses in order to sustain.

Amazon, which is one of the major players, has recently come up with Amazon Go, a partially-automated grocery store, with customers able to purchase products without using a cashier or checkout station. The store concept applies several technologies, including computer vision, deep learning algorithms, and sensor fusion to automate amount of the purchase, checkout, and payment steps associated with a retail transaction. Customers are just required to download the Amazon Go app which is linked to their Amazon account. The store automatically detects products which are taken from or returned to the shelves and keeps track of them in a virtual cart. When the customer is done shopping, he can just leave the store. Shortly after, a receipt is charged from the Amazon account of that person. Advanced shopping technology is beneficial for both retailers and consumers as it can be customized as per their requirement of individual through the applications specially created for these technologies. However, lack of awareness and prevailing willingness to stick to the traditional shopping methodology might hinder the advanced shopping technology market growth.

The report provides detailed qualitative and quantitative analysis of the Advanced Shopping Technology Market. Market size and forecast in terms of value has been provided for the period - (2017 - 2025), for both the segments namely application and geography in each of the major regions.

Advanced Shopping Technology Market Player Analysis -

The report presents detailed analysis of major players operating in Advanced Shopping Technology Market. Few of the include Google, Amazon, Toshiba, Wal-Mart, Procter and Gamble. Detailed coverage on these market players with information on their revenue from modular construction business, market share, gross margin and their growth strategies have been provided in the report.

Market Segmentation

Advanced Shopping Technology market is segmented on the basis of application and geography. By application, the market is segmented into Beacons, Virtual Reality, Smart Shelves, Retail Apps and Social Show rooming. On the basis of application, the market is categorized as commercial, infrastructural and residential. Geographical coverage has been provided for each of the major regions including North America, Europe, Asia-Pacific, South America and Rest of the World.

Advanced Shopping Technology Market Segmentation

By Application
   • Beacons
   • Virtual reality
   • Smart Shelves
   • Retail Apps
   • Social Show rooming

By geography
   • North America
            o U.S.
            o Canada
            o Mexico
   • Europe
            o U.K.
            o France
            o Germany
            o Italy
            o Spain
            o Rest of Europe
   • Asia-Pacific
            o China
            o Japan
            o India
            o Korea
            o Rest of APAC
   • South America
            o Brazil
            o Rest of South America
   • Rest of the World
            o Middle East
            o Africa

Advanced Shopping Technology Market Key Players

• Google
• Amazon
• Toshiba
• Wal-Mart
• Procter
• Gamble

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    What Information does this report contain?

    • What was the market size of the Advanced Shopping Technology Market in 2017 and the expected market size by 2025, along with the growth rate?
    • An in-depth analysis of the current impacting factors, opportunities and challenges/restraints in the market
    • Which are the largest revenue generating products, services or regions, and their comparative growth rate?
    • Which technology is in trend and how would it evolve during the forecast period (2017 - 2025)?
    • Which are the leading companies in the Advanced Shopping Technology Market and their competitive positioning basis their market share, product portfolio, strategic attempts and business focus?


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