The increasing access to the Internet, improved logistical infrastructure across the globe is creating profitable opportunities for the retail digital transformation market in the forecast period. Moreover, the superior availability of products at competitive prices, and many brands providing the high quality products at discounted rates is creating huge opportunity for the market.
MARKET DYNAMICS
The rising disposable income of the population and changing lifestyle of people is driving the growth of the retail digital transformation market. However, lack of skilled or expert workforce may restrain the growth of the retail digital transformation market. Furthermore, the increasing adoption of IoT across the SMEs in the retail sector is anticipated to create market opportunities for the retail digital transformation market during the forecast period.
MARKET SCOPE
The "Global Retail Digital Transformation market Analysis to 2031" is a specialized and in-depth study of the Retail Digital Transformation market with a special focus on the global market trend analysis. The report aims to provide an overview of retail digital transformation market with detailed market segmentation by mode of access, product type, and geography. The global retail digital transformation market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading retail digital transformation market players and offers key trends and opportunities in the Retail Digital Transformation market.
MARKET SEGMENTATION
The global retail digital transformation market is segmented on the basis of mode of access and product type. On the basis of mode of access the market is segmented into mobile app and websites. Similarly, on the basis of product type the market is segmented into consumer electronics and appliances, apparel and footwear, media, toys and games, food, grocery and beverages, furniture and home improvement, beauty and personal care, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Retail Digital Transformation market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Retail Digital Transformation market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Retail Digital Transformation market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Retail Digital Transformation market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Retail Digital Transformation market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Retail Digital Transformation market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Retail Digital Transformation market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Retail Digital Transformation market in these regions.
MARKET PLAYERS
The reports cover key developments in the Retail Digital Transformation market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Retail Digital Transformation market are anticipated to lucrative growth opportunities in the future with the rising demand for Retail Digital Transformation market. Below mentioned is the list of few companies engaged in the Retail Digital Transformation market.
The report also includes the profiles of key Retail Digital Transformation market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Deloitte Touche Tohmatsu Limited
- Guidewire Software, Inc.
- IBM Corporation
- LexisNexis
- Pegasystems
- PricewaterhouseCoopers (PwC)
- RSM International
- SAP SE
- SAS
- Verisk Analytics, Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Retail Digital Transformation Market - By Mode of Access
1.3.2 Retail Digital Transformation Market - By Product Type
1.3.3 Retail Digital Transformation Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. RETAIL DIGITAL TRANSFORMATION MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. RETAIL DIGITAL TRANSFORMATION MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. RETAIL DIGITAL TRANSFORMATION MARKET - GLOBAL MARKET ANALYSIS
6.1. RETAIL DIGITAL TRANSFORMATION - GLOBAL MARKET OVERVIEW
6.2. RETAIL DIGITAL TRANSFORMATION - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. RETAIL DIGITAL TRANSFORMATION MARKET - REVENUE AND FORECASTS TO 2028 - MODE OF ACCESS
7.1. OVERVIEW
7.2. MODE OF ACCESS MARKET FORECASTS AND ANALYSIS
7.3. MOBILE APPS
7.3.1. Overview
7.3.2. Mobile Apps Market Forecast and Analysis
7.4. WEBSITES
7.4.1. Overview
7.4.2. Websites Market Forecast and Analysis
8. RETAIL DIGITAL TRANSFORMATION MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
8.1. OVERVIEW
8.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
8.3. CONSUMER ELECTRONICS AND APPLIANCES
8.3.1. Overview
8.3.2. Consumer Electronics and Appliances Market Forecast and Analysis
8.4. APPAREL AND FOOTWEAR MEDIA
8.4.1. Overview
8.4.2. Apparel and Footwear Media Market Forecast and Analysis
8.5. TOYS AND GAMES
8.5.1. Overview
8.5.2. Toys and Games Market Forecast and Analysis
8.6. FOOD GROCERY AND BEVERAGES
8.6.1. Overview
8.6.2. Food Grocery and Beverages Market Forecast and Analysis
8.7. FURNITURE AND HOME IMPROVEMENT
8.7.1. Overview
8.7.2. Furniture and Home Improvement Market Forecast and Analysis
8.8. BEAUTY AND PERSONAL CARE
8.8.1. Overview
8.8.2. Beauty and Personal Care Market Forecast and Analysis
8.9. OTHERS
8.9.1. Overview
8.9.2. Others Market Forecast and Analysis
9. RETAIL DIGITAL TRANSFORMATION MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Retail Digital Transformation Market Overview
9.1.2 North America Retail Digital Transformation Market Forecasts and Analysis
9.1.3 North America Retail Digital Transformation Market Forecasts and Analysis - By Mode of Access
9.1.4 North America Retail Digital Transformation Market Forecasts and Analysis - By Product Type
9.1.5 North America Retail Digital Transformation Market Forecasts and Analysis - By Countries
9.1.5.1 United States Retail Digital Transformation Market
9.1.5.1.1 United States Retail Digital Transformation Market by Mode of Access
9.1.5.1.2 United States Retail Digital Transformation Market by Product Type
9.1.5.2 Canada Retail Digital Transformation Market
9.1.5.2.1 Canada Retail Digital Transformation Market by Mode of Access
9.1.5.2.2 Canada Retail Digital Transformation Market by Product Type
9.1.5.3 Mexico Retail Digital Transformation Market
9.1.5.3.1 Mexico Retail Digital Transformation Market by Mode of Access
9.1.5.3.2 Mexico Retail Digital Transformation Market by Product Type
9.2. EUROPE
9.2.1 Europe Retail Digital Transformation Market Overview
9.2.2 Europe Retail Digital Transformation Market Forecasts and Analysis
9.2.3 Europe Retail Digital Transformation Market Forecasts and Analysis - By Mode of Access
9.2.4 Europe Retail Digital Transformation Market Forecasts and Analysis - By Product Type
9.2.5 Europe Retail Digital Transformation Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Retail Digital Transformation Market
9.2.5.1.1 Germany Retail Digital Transformation Market by Mode of Access
9.2.5.1.2 Germany Retail Digital Transformation Market by Product Type
9.2.5.2 France Retail Digital Transformation Market
9.2.5.2.1 France Retail Digital Transformation Market by Mode of Access
9.2.5.2.2 France Retail Digital Transformation Market by Product Type
9.2.5.3 Italy Retail Digital Transformation Market
9.2.5.3.1 Italy Retail Digital Transformation Market by Mode of Access
9.2.5.3.2 Italy Retail Digital Transformation Market by Product Type
9.2.5.4 United Kingdom Retail Digital Transformation Market
9.2.5.4.1 United Kingdom Retail Digital Transformation Market by Mode of Access
9.2.5.4.2 United Kingdom Retail Digital Transformation Market by Product Type
9.2.5.5 Russia Retail Digital Transformation Market
9.2.5.5.1 Russia Retail Digital Transformation Market by Mode of Access
9.2.5.5.2 Russia Retail Digital Transformation Market by Product Type
9.2.5.6 Rest of Europe Retail Digital Transformation Market
9.2.5.6.1 Rest of Europe Retail Digital Transformation Market by Mode of Access
9.2.5.6.2 Rest of Europe Retail Digital Transformation Market by Product Type
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Retail Digital Transformation Market Overview
9.3.2 Asia-Pacific Retail Digital Transformation Market Forecasts and Analysis
9.3.3 Asia-Pacific Retail Digital Transformation Market Forecasts and Analysis - By Mode of Access
9.3.4 Asia-Pacific Retail Digital Transformation Market Forecasts and Analysis - By Product Type
9.3.5 Asia-Pacific Retail Digital Transformation Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Retail Digital Transformation Market
9.3.5.1.1 Australia Retail Digital Transformation Market by Mode of Access
9.3.5.1.2 Australia Retail Digital Transformation Market by Product Type
9.3.5.2 China Retail Digital Transformation Market
9.3.5.2.1 China Retail Digital Transformation Market by Mode of Access
9.3.5.2.2 China Retail Digital Transformation Market by Product Type
9.3.5.3 India Retail Digital Transformation Market
9.3.5.3.1 India Retail Digital Transformation Market by Mode of Access
9.3.5.3.2 India Retail Digital Transformation Market by Product Type
9.3.5.4 Japan Retail Digital Transformation Market
9.3.5.4.1 Japan Retail Digital Transformation Market by Mode of Access
9.3.5.4.2 Japan Retail Digital Transformation Market by Product Type
9.3.5.5 South Korea Retail Digital Transformation Market
9.3.5.5.1 South Korea Retail Digital Transformation Market by Mode of Access
9.3.5.5.2 South Korea Retail Digital Transformation Market by Product Type
9.3.5.6 Rest of Asia-Pacific Retail Digital Transformation Market
9.3.5.6.1 Rest of Asia-Pacific Retail Digital Transformation Market by Mode of Access
9.3.5.6.2 Rest of Asia-Pacific Retail Digital Transformation Market by Product Type
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Retail Digital Transformation Market Overview
9.4.2 Middle East and Africa Retail Digital Transformation Market Forecasts and Analysis
9.4.3 Middle East and Africa Retail Digital Transformation Market Forecasts and Analysis - By Mode of Access
9.4.4 Middle East and Africa Retail Digital Transformation Market Forecasts and Analysis - By Product Type
9.4.5 Middle East and Africa Retail Digital Transformation Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Retail Digital Transformation Market
9.4.5.1.1 South Africa Retail Digital Transformation Market by Mode of Access
9.4.5.1.2 South Africa Retail Digital Transformation Market by Product Type
9.4.5.2 Saudi Arabia Retail Digital Transformation Market
9.4.5.2.1 Saudi Arabia Retail Digital Transformation Market by Mode of Access
9.4.5.2.2 Saudi Arabia Retail Digital Transformation Market by Product Type
9.4.5.3 U.A.E Retail Digital Transformation Market
9.4.5.3.1 U.A.E Retail Digital Transformation Market by Mode of Access
9.4.5.3.2 U.A.E Retail Digital Transformation Market by Product Type
9.4.5.4 Rest of Middle East and Africa Retail Digital Transformation Market
9.4.5.4.1 Rest of Middle East and Africa Retail Digital Transformation Market by Mode of Access
9.4.5.4.2 Rest of Middle East and Africa Retail Digital Transformation Market by Product Type
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Retail Digital Transformation Market Overview
9.5.2 South and Central America Retail Digital Transformation Market Forecasts and Analysis
9.5.3 South and Central America Retail Digital Transformation Market Forecasts and Analysis - By Mode of Access
9.5.4 South and Central America Retail Digital Transformation Market Forecasts and Analysis - By Product Type
9.5.5 South and Central America Retail Digital Transformation Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Retail Digital Transformation Market
9.5.5.1.1 Brazil Retail Digital Transformation Market by Mode of Access
9.5.5.1.2 Brazil Retail Digital Transformation Market by Product Type
9.5.5.2 Argentina Retail Digital Transformation Market
9.5.5.2.1 Argentina Retail Digital Transformation Market by Mode of Access
9.5.5.2.2 Argentina Retail Digital Transformation Market by Product Type
9.5.5.3 Rest of South and Central America Retail Digital Transformation Market
9.5.5.3.1 Rest of South and Central America Retail Digital Transformation Market by Mode of Access
9.5.5.3.2 Rest of South and Central America Retail Digital Transformation Market by Product Type
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. RETAIL DIGITAL TRANSFORMATION MARKET, KEY COMPANY PROFILES
11.1. ALIBABA GROUP HOLDING LIMITED
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. AMAZON, INC.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. EBAY, INC.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. FLIPKART INTERNET PRIVATE LIMITED
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. MERCADOLIBRE, INC.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. OTTO GROUP
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. RAKUTEN, INC.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SNAPDEAL.COM (JASPER INFOTECH PVT. LTD.)
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. TESCO PLC
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. WAL-MART STORES, INC.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Alibaba Group Holding Limited
2. Amazon, Inc.
3. eBay, Inc.
4. Flipkart Internet Private Limited
5. MercadoLibre, Inc.
6. Otto Group
7. Rakuten, Inc.
8. Snapdeal.com (Jasper Infotech Pvt. Ltd.)
9. Tesco PLC
10. Wal-Mart Stores, Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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