PUNE, India, February 8, 2017 /PRNewswire/ --
According to a new market research report "Retail Cloud Market by Type (Solution and Service), Service Model (SaaS, PaaS, and IaaS), Organization Size, Deployment Model (Public, Private, and Hybrid Cloud), and Region - Global Forecast to 2021", published by MarketsandMarkets, the market size is expected to grow from USD 11.06 Billion in 2016 to USD 28.53 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 20.9% during the forecast period.
Browse 64 market data Tables and 55 Figures spread through 148 Pages and in-depth TOC on "Retail Cloud Market"
Early buyers will receive 10% customization on this report.
The major drivers of this market include the rapid adoption of smartphones, need for compliance & collaboration, and shift to Omni-channel experience.
The solution type is estimated to dominate the Retail Cloud Market share during the forecast period
Retail cloud solutions segment is estimated to have the largest market share in the Retail Cloud Market. The Retail Cloud Market is growing at an exponential rate since most of the players are focusing on providing specialized services for the businesses. A rapidly growing demand for customer satisfaction through efficient integration and customer insights through analytics solutions are some of the other drivers impacting the Retail Cloud Market.
Ask for PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=27978752
Retail cloud services segment is expected to grow at the highest CAGR during the forecast period
The services segment in the Retail Cloud Market is witnessing potential growth owing to the benefits it offers, such as lowered risks, reduced complexity, and rising return on investment. Retailers are opting for these services to quickly address customer queries and concerns, keeping in mind the long term benefits, and to gain competitive advantage. The major players in this market are SAP SE, Oracle Corporation, IBM Corporation, Microsoft Corporation, and Cisco Systems, Inc.
North America is the leading region in terms of market share in the Retail Cloud Market space
North America is expected to hold the largest market share and dominate the Retail Cloud Market in 2016, as organizations are shifting towards cloud-based solutions and services with the increasing adoption of digital business strategies. Moreover, enterprises are shifting towards personalizing the in-store experiences of consumers to provide them with better shopping experiences, which is driving the growth of the Retail Cloud Market in North America. These are some of the major driving factors contributing to the growth of cloud-based solutions and services in North America.
Inquiry before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=27978752
The major vendors covered in the Retail Cloud Market for the study are Oracle Corporation (California, U.S.), Cisco Systems, Inc. (California, U.S.), SAP SE (Wurttemberg, Germany), IBM Corporation (New York, U.S.), Microsoft Corporation (Washington, U.S.), Computer Sciences Corporation (Virginia, U.S.), Fujitsu Limited (Tokyo, Japan), Infor, Inc. (New York, U.S.), Epicor Software Corporation (Texas, U.S.), JDA Software group, Inc. (Arizona, U.S.), and Syntel Inc. (Michigan, U.S.).
Browse Related Reports
Finance Cloud Market by Solution (Financial Reporting and Analysis, Security, Governance, Risk and Compliance), Service, Application, Deployment Model, Organization Size, Vertical, Region - Global Forecast to 2021
Internet of Things (IoT) in Retail Market by Component (Hardware and Software), Hardware (Gateways, RFID, Sensors), Service (Remote device management, Managed service, and Professional service), Technology, Region - Global Forecast to 2020
Know More About our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
701 Pike Street,
Suite 2175, Seattle,
WA 98101, United States
Email: [email protected]
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets