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Internet of Things (IoT) in Retail and Apparel - Thematic Intelligence

Publisher GlobalData
Published Sep 22, 2023
Length 48 Pages
SKU # GBDT18262547

Description

Internet of Things (IoT) in Retail and Apparel - Thematic Intelligence


Summary

The global retail IoT market will be worth $62.4 billion by 2027

The Internet of Things (IoT) describes the use of connected sensors and actuators to control and monitor the environment, the things that move within it, and the people that act within it. GlobalData estimates the total IoT market for retail will be worth $62.4 billion in 2027, growing at a compound annual growth rate (CAGR) of 14.4% between 2022 and 2027.

Scope
  • This report is a thematic brief, which identifies those companies most likely to succeed in a world filled with disruptive threats. Inside, we predict how each theme will evolve and identify the leading and disrupting companies.
  • The report covers the internet of things theme.
Reasons to Buy
  • GlobalData’s thematic research ecosystem is a single, integrated global research platform that provides an easy-to-use framework for tracking all themes across all companies in all sectors. It has a proven track record of identifying the important themes early, enabling companies to make the right investments ahead of the competition, and secure that all-important competitive advantage.
  • Develop and design your corporate strategies through an in-house expert analysis of artificial intelligence by understanding the primary ways in which this theme is impacting the healthcare industry.
  • Stay up to date on the industry’s major players and where they sit in the value chain.
  • Identify emerging industry trends to gain a competitive advantage.

Table of Contents

48 Pages
Executive Summary
Players
Retail and Apparel Challenges
The Impact of IoT on Retail and Apparel
IoT can improve the resilience and sustainability of retail supply chains
IoT can help reduce operational costs for retailers
IoT can help retailers with shopper retention and changing consumer habits
Case Studies
Terawe create a virtual mirror for an immersive instore experience using AI and IoT
Giant Eagle uses IoT to boost food safety
Oura Ring uses IoT to create a personalized health tracker
Frasers Group uses Facewatch’s facial recognition cameras to catch shoplifters
Market Size and Growth Forecasts
Signals
Mergers and acquisitions
Patent trends
Company filings trends
Hiring trends
IoT Value Chain
Physical layer
Connected things
Cameras and lenses
Sensors and microcontrollers
Microprocessors
Connectivity layer
Edge infrastructure
Cloud infrastructure
Networking equipment
Telecom networks
Data layer
Data integration
Data aggregation
Data processing
Data storage
Data validation
Data governance and security
App layer
Apps
Platforms
Services layer
Integration services
Consulting services
Companies
Leading IoT adopters in retail
Specialist IoT vendors in retail
Sector Scorecard
Retail sector scorecard
Who’s who
Thematic screen
Valuation screen
Risk screen
Glossary
Further Reading
GlobalData reports
Our Thematic Research Methodology
About GlobalData
Contact Us
List of Tables
Table 1: Key challenges facing the retail sector.
Table 2: Mergers and acquisitions
Table 3: Leading IoT adopters in retail
Table 4: Specialist IoT vendors in retail
Table 5: Glossary
Table 6: GlobalData reports
List of Figures
Figure 1: Key players in IoT
Figure 2: The US has filed the most retail IoT patents
Figure 3: Thematic impact assessment
Figure 4: Virtual mirror to boost instore shopper experience
Figure 5: Oura smart ring for fitness
Figure 6: The global IoT market in retail will reach $62.4 billion by 2027
Figure 7: In 2021, IoT-related patent activity in the retail sector peaked at 1,307 publications
Figure 8: In 2021, IoT mentions in company filings peaked at 6,076
Figure 9: IoT hiring by retailers peaked in Q2 2022
Figure 10: The IoT value chain
Figure 11: The IoT value chain - Physical layer: leaders and challengers
Figure 12: The IoT value chain - Connectivity layer: leaders and challengers
Figure 13: The IoT value chain - Data layer: leaders and challengers
Figure 14: The IoT value chain - App layer: leaders and challengers
Figure 15: The IoT value chain - Services layer: leaders and challengers
Figure 16: Who does what in the retail space?
Figure 17: Thematic screen
Figure 18: Valuation screen
Figure 19: Risk screen
Figure 20: Our five-step approach for generating a sector scorecard

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