Major players in Retail Analytics Market are Adobe Systems, Oracle, IBM Corporation, SAP AG and SAS Institute and many more.
(PRWEB) September 08, 2014
The report "Retail Analytics Market by Business Function (Marketing and Customer, Merchandizing and In-store, Supply Chain, Strategy and Planning), & by Solutions (Analytical Tools, Mobile Applications, Reporting Tools) - Worldwide Forecasts and Analysis (2014 - 2019)" by MarketsandMarkets, defines and segments the Retail Analytics Market into various sub-segments with an in-depth analysis and forecasting of revenues. It also identifies the drivers and restraints for this market with the insights on trends, opportunities, and challenges.
Browse 65 market data tables and 48 figures spread through 180 pages and in-depth TOC on "Retail Analytics Market - Worldwide Forecasts and Analysis (2014 - 2019)"
Early buyers will receive 10% customization on this report.
Speak to Analyst @ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=123460609
According to recent studies, various sources of shrink such as theft, Organized Retail Crime (OCR), fraud from supplier's end, shoplifting and others caused an overall loss of around $112 Billion in 2012. Minimizing such monetary losses is one of the functionalities that the retail analytics solutions offer today. Thus, a number of Small and Medium Businesses (SMBs) and large enterprises are rapidly deploying data analytics tools that can provide effective prediction, analysis and reporting for alleviating shrink.
MarketsandMarkets has broadly segmented the Retail Analytics Market by business functions into marketing and customer analytics, merchandizing and in-store, supply chain and strategy and planning; by solutions into data management software, analytics software, mobile applications, and reporting and visualization tools; by services into professional services and support and maintenance services; by deployment type into on-premise and on-demand and by regions into North America (NA), Europe, Latin America (LA), Asia-Pacific (APAC), and Middle East and Africa (MEA).
Though the retail analytics solutions applied for numerous functionalities such as campaign management, customer acquisition, retention and loyalty management, space planning and optimization, cluster planning, demand and supply forecasting, inventory management, workforce management, fraud and risk management and others. MarketsandMarkets believes that spend shift at the consumer end attributed to the economic slowdown and technological constraints are the major issues in the Retail Analytics Market. These challenges carry significant potential of hampering the adoption rate of retail analytics solutions by numerous retailers.
For more Inquiry: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=123460609
The Retail Analytics Market estimated to grow from $1.88 billion in 2014 to $4.40 billion in 2019, at a Compound Annual Growth Rate (CAGR) of 18.6% from 2014 to 2019. Geographically, North America expected to be the biggest market in terms of revenue contribution while Latin America (LA) and Asia-Pacific (APAC) expected to emerge rapidly in this market with high CAGRs for 2019.
Browse Related Reports
Predictive Analytics Market [(Fraud, Risk, Marketing, Operations), Verticals (BFSI, Healthcare, Environment, Government Retail, Energy, Manufacturing, Transportation, Travel, Telecom, Sports)]: Worldwide Market Forecasts and Analysis (2013 - 2018)
Web Analytics Market by Solution (Search Engine Tracking & Ranking, Heat Map Analytics, Marketing Automation, Behavior Based Targeting) & by Services (Professional Services, Support & Maintenance) - Worldwide Forecasts & Analysis (2014 - 2019)
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. M&M covers thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and Telecommunications and IT.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it
Telecom and IT Market Research Reports & Consulting @ http://www.marketsandmarkets.com/telecom-and-IT-market-research-113.html
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets