Global Smart Retail Market: Key Highlights
Global Smart Retail Market: Key Market Dynamics
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Global Smart Retail Market: Regional Overview
Make in India support the new technologies adoption and smart cities project for growth and develop the economy. According to the national investment promotion and facilitation agency, India is the third largest national trading partner with Africa and in 2017 India has accounted for 6.4% of total African trade which was rise by 2.1% in 2001. The Japan government had also increase its investment in science and technologies may lead to increase the market in the forecast year.
The region is encourage private as well as the public sector to adopt the smart technologies in healthcare care industries. The region is adoption the digital platform a higher pace which improve the rapid change in the life of European. Also the countries are showing initiative in e-government which will help to enhance the government at the national level. According to United Nation, Department of Economic and Social Affairs by 2050 the European population in expected to rise by 80%. Also, by 2020 in European Commission is projected that 72% electricity consumer will be smart meters. Hence, the factors can advance to increase the market adoption in the forecast period.
Global Smart Retail Market: Key Players Overview
Microsoft is a leading multinational company which provides personal computer software system, and application. The company offers innovative solution with artificial intelligence to enhance the customer services and supply chain operation in retail sector. In 2019, the company announced new capabilities for a seamless, IoT and smart solution to help the customer to drive best business outcome.
SAMSUNG is a multinational company that helps to discover electronic with technology which includes tablets, TV, home appliance and smartphone. The company offers solution for large enterprise as well as small enterprise to know the customer experience and to reinvest retail. The company provides easy and safe mobile payment services to boost the business and help to generate rewards. In 2019 the company launched a solution for retail and restaurateurs a Digital Window Display OMN-D series which come with dual display features.
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