The Connected Retail Global Market Report 2023, provides comprehensive information on the connected retail market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

Learn More On The Connected Retail Market’s Growth:

https://www.thebusinessresearchcompany.com/report/connected-retail-global-market-report

According to The Business Research Company's insightful Connected Retail Global Market Report for 2023, there is a projected growth trajectory in the global connected retail market. Forecasts indicate an anticipated increase from $30.05 billion in 2022 to a substantial $36.41 billion in 2023, reflecting an impressive compound annual growth rate (CAGR) of 21.2%. However, the geopolitical landscape, notably the Russia-Ukraine conflict, has injected uncertainties into the global economic recovery post-COVID-19. This conflict has triggered economic sanctions, fluctuations in commodity prices, and disruptions in the supply chain, leading to widespread inflation across goods and services and impacting various global markets. Despite these challenges, the global connected retail market is poised for robust expansion, with an estimated size reaching $74.38 billion by 2027, supported by a commendable CAGR of 19.6%. This underscores the resilience and adaptability of the connected retail aamidst complex geopolitical and economic dynamics.

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The contemporary landscape of the connected retail market is witnessing a pervasive surge in the adoption of cutting-edge technological innovations, marking a pivotal trend that industry behemoths are keenly embracing. A notable exemplar is Instacart, the renowned US-based grocery technology company, which, in September 2022, unveiled a transformative initiative: the Connected Stores. This visionary suite amalgamates novel and pre-existing technologies, constituting a formidable arsenal for retailers aspiring to fortify their market standing. The primary objective is to furnish consumers with a seamlessly integrated, personalized shopping experience that seamlessly bridges the virtual and physical realms. By intertwining their digital platforms with in-store dynamics, grocers can curate a cohesive, bespoke journey for their clientele. This strategic maneuver underscores the profound impact of technological integration in shaping the future landscape of connected retail.

The connected retail market is segmented:
1) By Component: Hardware, Software, Services
2) By Technology: ZigBee, NFC(Near Field Communication), Bluetooth Low Energy, Wi-Fi, Other Technologies
3) By Application: Electronics And Appliances, Home And Personal Care, Food And Beverage, Apparel, Sporting Goods And Toys, Other Applications

North America was the largest region in the connected retail market in 2022.

The table of contents in TBRC’s connected retail market report includes:

1. Executive Summary

2. Connected Retail Market Characteristics

3. Connected Retail Market Trends And Strategies

4. Connected Retail Market - Macro Economic Scenario

5. Connected Retail Market Size And Growth

.......

26. Africa Connected Retail Market

27. Connected Retail Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The Connected Retail Market

29. Connected Retail Market Future Outlook and Potential Analysis

30. Appendix

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