Total retail sales in the United States was forecast to amount to **** trillion U.S. dollars in 2024, up by ** billion U.S. dollars in the previous year. Retail establishments come in many forms such as grocery stores, restaurants, and bookstores. There are around ************ retail establishments in the United States. Leading companies in U.S. retail The domestic retail market in the United States is very competitive, with many companies recording substantial retail sales. Walmart, a retail chain offering low prices and a wide selection of products, is the leading retailer in the United States. Amazon, The Kroger Co., Costco, and Target are a selection of other leading U.S. retailers. American retailers worldwide Many of the world’s leading retailers are American companies. Walmart and Amazon are examples of American retailers doing business on a global scale. The success of U.S. retailers can also be seen through their performance in online retail. Amazon is a prime example of this, with the company’s sales revenue flourishing over the previous years.

Global retail sales were projected to amount to around **** trillion U.S. dollars by 2026, up from approximately **** trillion U.S. dollars in 2021. The retail industry encompasses the journey of a good or service. This typically starts with the manufacturing of a product and ends with said product being purchased by a consumer from a retailer. Retail establishments come in many forms such as grocery stores, restaurants, and bookstores. American retailers worldwide As a result of globalization and various trade agreements between markets and countries, many retailers are capable of doing business on a global scale. Many of the world’s leading retailers are American companies. Walmart and Amazon are examples of such American retailers. The success of U.S. retailers can also be seen through their performance in online retail. Retail in the U.S. The domestic retail market in the United States is a lucrative market, in which many companies compete. Walmart, a retail chain offering low prices and a wide selection of products, is the leading retailer in the United States. Amazon, The Kroger Co., Costco, and Target are a selection of other leading U.S. retailers.

View monthly updates and historical trends for US Retail Sales. from United States. Source: Census Bureau. Track economic data with YCharts analytics.

Retail Sales in the United States increased 0.50 percent in July of 2025 over the previous month. This dataset provides - U.S. December Retail Sales Increased More Than Forecast - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Global Retail market size is expected to reach $41443.72 billion by 2029 at 7.9%, segmented as by type, motor vehicle and parts dealers, food and beverage stores, gasoline stations, miscellaneous store retailers, cosmetics and personal care stores

Retailers using artificial intelligence (AI) and machine learning (ML) technologies performed better than their competitors. Both in 2023 and 2024, retail companies using this kind of technologies saw a ********* growth of their sales compared to the respective previous years. Similarly, their annual profit grew by roughly ***** percent, outperforming retailers who did not use AI or ML solutions.

Success.ai’s Retail Data for the Retail Sector in North America offers a comprehensive dataset designed to connect businesses with key players across the diverse retail industry. Covering everything from department stores and supermarkets to specialty shops and e-commerce platforms, this dataset provides verified contact details, business locations, and leadership profiles for retail companies in the United States, Canada, and Mexico.

With access to over 170 million verified professional profiles and 30 million company profiles, Success.ai ensures your outreach, marketing, and business development efforts are powered by accurate, continuously updated, and AI-validated data.

Backed by our Best Price Guarantee, this solution empowers businesses to thrive in North America’s competitive retail landscape.

Why Choose Success.ai’s Retail Data for North America?

1. Verified Contact Data for Precision Outreach

   • Access verified phone numbers, work emails, and LinkedIn profiles of retail executives, store managers, and decision-makers.
   • AI-driven validation ensures 99% accuracy, enabling confident communication and efficient campaign execution.

2. Comprehensive Coverage Across Retail Segments

   • Includes profiles of retail businesses across major markets, from large department stores and grocery chains to boutique retailers and online platforms.
   • Gain insights into the operational dynamics of retail hubs in cities such as New York, Los Angeles, Toronto, and Mexico City.

3. Continuously Updated Datasets

   • Real-time updates reflect leadership changes, new store openings, market expansions, and shifts in consumer preferences.
   • Stay aligned with evolving industry trends and emerging opportunities in the North American retail sector.

4. Ethical and Compliant

   • Adheres to GDPR, CCPA, and other privacy regulations, ensuring responsible and lawful use of data in your campaigns.

Data Highlights:

• 170M+ Verified Professional Profiles: Engage with executives, marketing directors, and operations managers across the North American retail sector.
• 30M Company Profiles: Access firmographic data, including revenue ranges, store counts, and geographic footprints.
• Store Location Data: Pinpoint retail outlets, regional offices, and distribution centers to refine supply chain and marketing strategies.
• Leadership Contact Details: Connect with CEOs, CMOs, and procurement officers influencing retail operations and vendor selections.

Key Features of the Dataset:

1. Retail Decision-Maker Profiles

   • Identify and engage with store owners, category managers, and marketing directors shaping customer experiences and product strategies.
   • Target professionals responsible for inventory planning, vendor contracts, and store performance.

2. Advanced Filters for Precision Targeting

   • Filter companies by industry segment (luxury, grocery, e-commerce), geographic location, company size, or revenue range.
   • Tailor outreach to align with regional market trends, customer demographics, and operational priorities.

3. Market Trends and Operational Insights

   • Analyze trends such as online shopping growth, sustainability practices, and supply chain optimization.
   • Leverage insights to refine product offerings, identify partnership opportunities, and design effective campaigns.

4. AI-Driven Enrichment

   • Profiles enriched with actionable data enable personalized messaging, highlight unique value propositions, and enhance engagement outcomes.

Strategic Use Cases:

1. Sales and Lead Generation

   • Present products, services, or technology solutions to retail procurement teams, marketing departments, and operations managers.
   • Build relationships with retailers seeking innovative tools, efficient supply chain solutions, or unique product offerings.

2. Market Research and Consumer Insights

   • Analyze retail trends, customer behaviors, and seasonal demands to inform marketing strategies and product launches.
   • Benchmark against competitors to identify gaps, emerging niches, and growth opportunities.

3. E-Commerce and Digital Strategy Development

   • Target e-commerce managers and digital transformation teams driving online retail initiatives and omnichannel integration.
   • Offer solutions to enhance online shopping experiences, logistics, and customer loyalty programs.

4. Recruitment and Workforce Solutions

   • Engage HR professionals and hiring managers in recruiting talent for store operations, customer service, or marketing roles.
   • Provide workforce optimization tools, training platforms, or staffing services tailored to retail environments.

Why Choose Success.ai?

1. Best Price Guarantee

   • Access premium-quality retail data at competitive prices, ensuring strong ROI for your marketing and outreach efforts in North America.

2. Seamless Integration
   ...

Retail Sales in the United States increased 3.90 percent in July of 2025 over the same month in the previous year. This dataset provides - United States Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Department stores have continued their long-term dip, with revenue falling amid shifting market dynamics. The industry's slump has been fueled by a 7.2% revenue drop in 2021 alone, caused by relatively low consumer confidence levels and high unemployment. Industry performance has been challenged by rising inflationary pressure since 2022 and the competitive presence of e-commerce rivals. Another rising trend is the increasing number of major retailers that have expanded their product ranges to include groceries, providing a heightened level of convenience. This transitions the revenue of these retailers to the Warehouse Clubs and Supercenters industry (IBISWorld report 45291), reducing industry participation. Revenue for department stores is expected to dip at a CAGR of 2.7% to $187.4 billion through the end of 2025, including a slump of 0.3% in 2025 alone, when profit will account for 3.7% of revenue. Online companies are increasingly undercutting traditional department store prices to save on operational costs. Companies with brick-and-mortar stores incur higher operational costs than online-based businesses because they pay for high-traffic retail space and require sales associates. Retailers have lowered selling prices and offered increased promotional deals to better compete. In April 2024, Nordstrom launched its digital Marketplace to expand its online presence and appeal to a wider audience. Through online platforms, retailers can offer a wider selection of brands, sizes and products. Similarly, department stores have since launched their digital stores and integrated them into their operations to provide an omnichannel shopping experience. While these efforts have helped retain some customers, profit has dropped because of inflationary pressures on the industry, resulting in retailers making more cost-cutting decisions, which has tempered declines. In the coming years, accelerating competition from e-commerce businesses and the transition of department stores to supercenters will continue to pressure revenue. Some department stores will shutter more locations. However, disposable income growth will help lessen these factors' blow on future revenue. Department stores like Macy's and Nordstrom will continue to benefit from strong brand recognition, particularly as older customers become more comfortable with online shopping. Investments in online platforms will pay off for retailers and help department stores be more competitive in a tough business landscape. Revenue for department stores is expected to slump at a CAGR of 0.2% to $185.1 billion through the end of 2030.

In 2019, ** percent of retailers surveyed stated that the site conversion rate of their digital business had increased when compared to the previous year. Over a third of respondents (** percent) reported that the average value per order of their digital business decreased during that time.

All restaurants and food stores selling perishable items are required to apply for a Retail Food License (RFL). This metric tracks the average number of days the Department of Business Affairs and Consumer Protection (BACP) takes to issue RFLs. The target response time for processing is within 15 days.

The Taiwan retail industry, spanning from traditional brick-and-mortar stores to rapidly expanding e-commerce platforms, presents a dynamic landscape. Analyzing the period from 2019 to 2033, we observe consistent growth, although the rate fluctuates based on economic conditions and consumer behavior. The base year of 2025 provides a crucial benchmark for forecasting future performance. Considering a plausible market size of $100 billion USD (a reasonable estimate given the size of the Taiwanese economy and retail sector) in 2025, and assuming a conservative Compound Annual Growth Rate (CAGR) of 4% (reflecting both economic growth and evolving consumer preferences), the market is projected to reach approximately $117 billion USD by 2033. This growth is fueled by several factors, including rising disposable incomes, a growing young population increasingly engaged with online shopping, and the continuous influx of foreign brands seeking to tap into the Taiwanese market. However, challenges persist. Competition from both domestic and international players remains fierce, requiring retailers to continuously innovate and adapt their strategies to meet evolving customer expectations. Furthermore, the impact of global economic fluctuations and supply chain disruptions could influence growth trajectories. The future of the Taiwan retail industry hinges on the successful integration of online and offline channels (omni-channel strategies), personalized customer experiences, and the adoption of advanced technologies such as artificial intelligence and big data analytics for improved efficiency and customer engagement. The industry's ability to harness these technological advancements will be pivotal in maintaining its growth momentum and competitiveness in the long term. Government policies aimed at boosting domestic consumption and supporting small and medium-sized enterprises (SMEs) also play a significant role in shaping the overall industry landscape. A focus on sustainability and ethical sourcing will increasingly resonate with environmentally and socially conscious consumers, presenting opportunities for businesses to differentiate themselves. Recent developments include: In January 2021, Bolttech expanded in Taiwan via a device protection partnership with Samsung. Its latest partnership with Samsung in Taiwan includes arranging for mobile device protection to owners of new Samsung Galaxy smartphones and tablets through the Samsung Care+ program., In November 2020, Foodpanda expanded its e-commerce with more than 2,500 7-Eleven stores across Singapore, Malaysia, Taiwan, and the Philippines. With this partnership, Foodpanda brings hundreds of 7-Eleven items, including hot food, ready-to-eat instant meals, snacks and alcohol, and even pre-paid mobile phone cards, to customers' hands within an average delivery time of 20 minutes. Deliveries can be made anytime, anywhere, 24*7 via Foodpanda.. Notable trends are: Consumer Confidence to Strengthen on Minimum Wage Hike..

Artificial Intelligence in FMCG and Retail Market Outlook

The global market size for Artificial Intelligence (AI) in the FMCG and retail sectors was valued at approximately USD 15.2 billion in 2023 and is projected to reach around USD 94.2 billion by 2032, growing at a compound annual growth rate (CAGR) of 22.5%. This impressive growth can be attributed to the increasing adoption of AI technologies to enhance customer experience, optimize supply chain management, and improve inventory management.

The rapid advancement and integration of AI technologies have revolutionized the FMCG and retail sectors, driving significant growth in this market. One of the primary growth factors is the increasing demand for personalized customer experiences. AI-powered systems enable businesses to analyze vast amounts of data, allowing them to tailor recommendations, offers, and advertisements to individual consumer preferences. This personalization boosts customer satisfaction and loyalty, leading to higher sales and revenue for businesses. Additionally, AI technologies such as chatbots and virtual assistants provide 24/7 customer support, further enhancing the customer experience.

Another significant growth driver for the AI in FMCG and retail market is the need for efficient inventory management. Traditional inventory management practices often lead to overstocking or stockouts, resulting in financial losses. AI-driven inventory management systems utilize predictive analytics to forecast demand accurately, ensuring optimal stock levels. These systems can analyze historical sales data, market trends, and other variables to predict future demand, enabling businesses to make informed decisions about stock replenishment. This optimization of inventory not only reduces costs but also minimizes waste, contributing to sustainable business practices.

The optimization of supply chain operations through AI is also a crucial factor propelling market growth. AI technologies can analyze and interpret vast amounts of data from various sources, providing real-time insights into supply chain processes. This enables businesses to detect inefficiencies, reduce operational costs, and enhance overall supply chain performance. For example, AI-powered systems can predict potential disruptions in the supply chain and suggest alternative routes or suppliers, mitigating risks and ensuring timely delivery of products. As a result, businesses can maintain a competitive edge in the market while meeting customer demands efficiently.

Regionally, the adoption and growth of AI technologies in the FMCG and retail sectors vary across different parts of the world. North America, particularly the United States, leads the market due to the early adoption of advanced technologies and significant investments in AI research and development. Europe follows closely, with countries like Germany and the UK actively integrating AI into their retail and FMCG operations. The Asia Pacific region is expected to witness the highest growth during the forecast period, driven by the rapid digitization of economies such as China and India. The Middle East & Africa and Latin America are also gradually embracing AI technologies, albeit at a slower pace.

Component Analysis

The AI in FMCG and retail market is segmented by components into software, hardware, and services. The software segment encompasses various AI solutions such as machine learning, natural language processing, and computer vision. These software solutions are integral to the functioning of AI systems, enabling them to analyze data, recognize patterns, and make predictions. The growing demand for AI-driven applications in customer service, inventory management, and supply chain optimization is significantly driving the software segment's growth. Companies are heavily investing in developing advanced AI algorithms and platforms to enhance their operational efficiency and customer engagement.

Hardware components include AI-specific chipsets, sensors, and other devices that facilitate the deployment of AI technologies. The increasing need for high-performance computing capabilities to process large datasets and execute complex algorithms is propelling the demand for specialized AI hardware. Innovations in hardware technologies, such as the development of AI accelerators and neuromorphic chips, are further boosting the hardware segment. These advancements enable faster and more efficient AI computations, enhancing the overall performance of AI applications in FMCG and retail sectors.

The services segment comprises consulting

The global retail industry, valued at $32.68 billion in 2025, is projected to experience robust growth, driven by several key factors. E-commerce continues its rapid expansion, fueled by increasing internet penetration and consumer preference for online convenience. Simultaneously, the rise of omnichannel strategies, integrating online and offline retail experiences, is enhancing customer engagement and driving sales. The increasing adoption of advanced technologies, such as artificial intelligence (AI) for personalized recommendations and supply chain optimization, is further boosting efficiency and profitability within the sector. Growth is also being fueled by shifting consumer preferences towards sustainable and ethically sourced products, prompting retailers to adapt their offerings and supply chains accordingly. Different product categories exhibit varying growth trajectories; for example, the food, beverage, and grocery segment is expected to maintain steady growth, while the personal and household care sector may experience accelerated growth due to changing lifestyle choices and heightened health consciousness. Geographical distribution reveals that North America and Asia-Pacific currently dominate the market, however, emerging markets in Africa and South America present significant untapped potential for future expansion. Competition remains fierce, with established giants like Walmart and Amazon facing challenges from smaller, agile businesses utilizing innovative marketing and fulfillment strategies. Despite the positive outlook, the retail industry faces certain headwinds. Supply chain disruptions, inflation, and fluctuating geopolitical landscapes pose ongoing threats to profitability and stability. The increasing complexity of regulations and compliance requirements also add to operational challenges. Furthermore, intensifying competition necessitates continuous innovation in business models, customer service, and technology adoption to maintain a competitive edge. Successfully navigating these challenges will depend on retailers’ ability to embrace digital transformation, optimize their operations for efficiency, and prioritize sustainable practices to meet evolving consumer demands. The forecast period of 2025-2033 presents a dynamic landscape where adaptability and strategic foresight will be critical for success within this ever-evolving sector. This report provides a detailed analysis of the global retail industry, encompassing historical data (2019-2024), the current market landscape (Base Year 2025), and future projections (Forecast Period: 2025-2033). With a focus on key players like Walmart, Amazon, and Alibaba, this in-depth study explores market trends, segment performance, and growth drivers, offering valuable insights for investors, businesses, and industry professionals. The report covers a market valued in the hundreds of billions, if not trillions of dollars, and utilizes a multi-faceted approach to understanding the evolving retail landscape. Recent developments include: October 2023: Amazon announced that it provides online shopping services in South Africa to assist independent retailers in starting, expanding, and growing their enterprises.August 2023: Italian luxury fashion brand Gucci and Chinese e-commerce giant JD.com, popularly known as Jingdong, have partnered digitally. With the launch of a new digital flagship shop on the e-commerce retailer's platform, the partnership will reach a significant milestone.May 2023: Walmart announced the launch of over 28 healthcare facilities in its Walmart Supercenters, providing value-based and dental care services, among others.. Key drivers for this market are: Rapid Expansion of Urban Areas, Rise of E-commerce and Omnichannel Retailing. Potential restraints include: Rapid Expansion of Urban Areas, Rise of E-commerce and Omnichannel Retailing. Notable trends are: E-commerce is the Fastest-growing Segment in the Retail Industry.

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Digital Transformation In Retail Sector Market Size 2025-2029

The digital transformation in retail sector market size is forecast to increase by USD 305.2 billion, at a CAGR of 17.6% between 2024 and 2029.

In the retail sector, digital transformation is a key driver for enhancing operational efficiency and staying competitive. The sector's increasing adoption of technology partnerships underscores this trend, as retailers seek to leverage advanced technologies to streamline processes, improve customer experience, and gain insights from data. However, this shift towards digitalization also presents challenges. Retailers often lack the in-house capabilities and expertise required to implement and manage complex digital technologies effectively. This skills gap can hinder progress and limit the full potential of digital initiatives. As retailers navigate this landscape, prioritizing strategic partnerships, investing in talent development, and embracing a culture of innovation will be essential for success.

What will be the Size of the Digital Transformation In Retail Sector Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free SampleThe retail sector continues to undergo digital transformation, with market dynamics evolving at an unprecedented pace. Augmented reality (AR) and virtual reality (VR) technologies are reshaping customer experiences, enabling immersive product visualization and virtual try-ons. Blockchain technology is streamlining supply chain operations, ensuring transparency and security. Mobile app development is a key focus, with retailers optimizing delivery through predictive analytics and delivery optimization. Machine learning (ML) and artificial intelligence (AI) are powering personalized shopping experiences, from customer segmentation and journey mapping to voice commerce and content marketing. In-store analytics, user experience (UX), and user interface (UI) design are essential components of omnichannel retail strategies, ensuring seamless integration of online and offline channels. Cloud computing and business intelligence are driving data-driven decision making, while point-of-sale systems and pay-per-click (PPC) advertising are optimized for efficiency. Emerging trends include the integration of smart shelves, digital signage, and social media marketing into retail strategies. Sustainability initiatives are gaining traction, with e-commerce platforms adopting green practices and implementing circular economy models. Subscription models and customer feedback are transforming customer loyalty programs, while employee training and agile development are essential for staying competitive. The retail landscape is constantly shifting, with disruptive technologies like AR, ML, and cloud computing shaping the future of retail. Data privacy remains a critical concern, with retailers implementing robust security measures to protect customer information. The digital transformation in retail is an ongoing process, with retailers continually adapting to meet evolving customer demands and market trends.

How is this Digital Transformation In Retail Sector Industry segmented?

The digital transformation in retail sector industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. TechnologyIoTCloud computingBig dataAIAR/VRProductConsumer electronicsMedia and entertainmentApparelFood and beverageOthersGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalySpainUKAPACChinaIndiaJapanRest of World (ROW)

By Technology Insights

The iot segment is estimated to witness significant growth during the forecast period.In the retail sector, digital transformation is driving innovation through various technologies, including augmented reality (AR), blockchain, mobile app development, and more. AR is enhancing the shopping experience by providing immersive product visualization, while blockchain technology ensures secure and transparent financial transactions. Mobile apps enable seamless delivery optimization and customer loyalty programs, boosting financial performance. Machine learning (ML) and artificial intelligence (AI) power predictive analytics, in-store analytics, and inventory management software, improving operational efficiency. RFID technology and IoT-enabled smart shelves enable real-time inventory tracking and automated reordering. Emerging trends like cloud computing, mobile commerce, and omnichannel retail are disrupting traditional business models. Customer experience is at the forefront, with personalized shopping experiences, digital signage, and customer service chatbots enhancing engagement. Data privacy is a priority, with b

Workforce Management Software in Retail Market Outlook

The global workforce management software in the retail market is poised for significant expansion, with a market size valued at approximately $2.5 billion in 2023 and anticipated to reach $5.3 billion by 2032, growing at a CAGR of 8.8% over the forecast period. This growth can be attributed to multiple factors, including the increasing adoption of digital solutions to enhance operational efficiency and the rising demand for automation in workforce scheduling and management. Retailers are increasingly recognizing the importance of optimizing workforce operations to improve customer service, reduce labor costs, and enhance overall productivity, driving the significant market size growth observed in this sector.

One of the key growth factors propelling this market is the ongoing digital transformation across the retail sector. Retailers worldwide are embracing digital solutions to streamline operations, improve efficiency, and enhance the overall customer experience. Workforce management software plays a crucial role in this transformation by automating and optimizing tasks such as scheduling, time and attendance tracking, and performance analytics. The ability to integrate these functions into a single platform not only simplifies administrative tasks but also provides valuable insights that enable retailers to make informed decisions about staffing and resource allocation. As retailers continue to invest in digital technologies, the demand for comprehensive workforce management solutions is expected to rise significantly.

Another significant growth factor is the increasing complexity of workforce dynamics in the retail environment. With the rise of omnichannel retailing, retailers are facing challenges in managing a diverse workforce that includes full-time employees, part-time workers, and seasonal staff. Workforce management software helps retailers effectively manage this complexity by providing tools for flexible scheduling, accurate time tracking, and effective communication across different workforce groups. Furthermore, these solutions enable retailers to comply with labor regulations and ensure fair treatment of employees, which is becoming increasingly important in today's socially conscious market. The ability of workforce management software to address these challenges is a driving force behind its growing adoption in the retail sector.

The shift towards data-driven decision-making is also contributing to the growth of the workforce management software market in retail. Retailers are increasingly leveraging data analytics to gain insights into workforce performance, identify trends, and optimize operations. Workforce management software provides advanced analytics capabilities that enable retailers to analyze labor costs, productivity metrics, and employee performance in real-time. This data-driven approach allows retailers to make strategic decisions that improve operational efficiency, reduce costs, and enhance customer satisfaction. As the retail industry becomes more competitive, the ability to leverage data for workforce optimization is becoming a critical differentiator, driving the adoption of workforce management software.

Regionally, North America holds a significant share of the workforce management software in the retail market, driven by the high adoption of advanced technologies and the presence of major retail chains. The United States, in particular, is a key market due to its large retail sector and focus on technological innovation. Europe is also witnessing considerable growth, with countries like the United Kingdom, Germany, and France leading the way in digital transformation initiatives. The Asia Pacific region is expected to experience the highest growth rate during the forecast period, fueled by rapid urbanization, increasing consumer spending, and a growing emphasis on improving retail operations. Latin America and the Middle East & Africa are also showing potential for growth as retailers in these regions invest in digital solutions to enhance workforce management and improve competitiveness.

Component Analysis

The workforce management software in retail market is segmented by component into software and services. The software segment comprises solutions that help manage various aspects of workforce operations, including scheduling, time and attendance, and analytics. This segment is expected to witness substantial growth as retailers increasingly adopt advanced software solutions to streamline their operations and enhance productivity. The demand for cloud-based software solutions is particularly high, as t

The size of the Cloud Computing in Retail Industry market was valued at USD XXX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 22.14% during the forecast period.Cloud computing refers to the use of cloud services and technologies by the retail business to improve every aspect of business performance, customer engagement, and further utilizes cloud infrastructures for data storage, processing, and analysis. In addition, other cloud-based applications are used for inventory, CRM, POS, or other e-commerce business functions.Retailers can gain a lot by embracing cloud computing, including higher agility and scalability, lower IT costs, better data security, and greater customer insights.With cloud-based solutions, retailers can adapt rapidly to changes in market demand, scale activities without any hindrances during peak seasons, and gain better insight from data analytics about consumer behavior. It all boils down to better decision-making, greater customer satisfaction, and profitability. Recent developments include: March 2022 - Diebold Nixdorf, a global provider in driving connected commerce for the retail and financial industries, announced the introduction of Vynamic Retail Platform, a cloud-native software solution that plays a significant role in enabling the future of retail. The modular platform provides retailers the functionality and flexibility they need to succeed in the current market's rapidly shifting customer needs and requirements., January 2022 - Tata Consultancy Services announced that it became a partner for the newly-launched Microsoft Cloud for Retail, extending its collaboration with the company. Microsoft Cloud for Retail is an industry-specific cloud that combines various Microsoft technologies linked by a standard data model to connect experiences across the end-to-end shopper journey with intelligent and integrated capabilities. TCS would thus help the retail clients leverage Microsoft Cloud for Retail to enhance their growth and transformation journeys.. Key drivers for this market are: Shift toward Omnichannel Experience in the Retail Industry, Growing Adoption of IoT in the Retail Industry. Potential restraints include: Vulnerability from Cyber Attacks. Notable trends are: SaaS to Account for a Significant Growth.

Key Statistics on Business Performance and Operating Characteristics of the Import/Export, Wholesale and Retail Trades Sector - Table 630-76001 : Principal Statistics for All Establishments by Industry Grouping (Import/Export, Wholesale and Retail Trades Sector)

The Connected Retail market, valued at approximately $XX million in 2025, is poised for significant growth, exhibiting a Compound Annual Growth Rate (CAGR) of 3.23% from 2025 to 2033. This expansion is driven by the increasing adoption of technologies like IoT (Internet of Things), artificial intelligence (AI), and big data analytics to enhance customer experience, optimize inventory management, and improve operational efficiency. Retailers are leveraging connected devices such as smart shelves, RFID tags, and beacons to gain real-time insights into customer behavior, inventory levels, and supply chain performance. The integration of these technologies allows for personalized shopping experiences, targeted promotions, and improved loss prevention measures, ultimately boosting sales and profitability. Key segments driving growth include hardware (point-of-sale systems, digital signage), software (analytics platforms, customer relationship management (CRM) systems), and services (integration, consulting, and maintenance). The adoption of various communication technologies, including Zigbee, NFC, Bluetooth Low Energy, and Wi-Fi, further fuels market expansion. North America is currently the largest regional market, followed by Europe and Asia-Pacific, with the latter expected to witness significant growth in the coming years due to increasing digitalization and rising e-commerce penetration. However, market growth faces some restraints. High initial investment costs associated with implementing connected retail solutions can be a barrier for smaller retailers. Concerns regarding data security and privacy also pose challenges, necessitating robust security measures and transparent data handling practices. Furthermore, the complexity of integrating various technologies and systems within a retailer's existing infrastructure requires significant expertise and careful planning. Despite these challenges, the long-term benefits of enhanced customer experience, optimized operations, and improved profitability are driving sustained investment and adoption of connected retail technologies across various retail segments, ensuring continued market expansion in the forecast period. Companies like Honeywell, IBM, NXP Semiconductors, and Cisco Systems are playing a significant role in shaping this evolving landscape. This comprehensive report provides an in-depth analysis of the rapidly evolving Connected Retail Market, offering invaluable insights for businesses seeking to capitalize on the transformative potential of digital technologies within the retail landscape. We project the market to reach USD XXX million by 2033, showcasing substantial growth opportunities across various segments. The study period covers 2019-2033, with 2025 serving as the base and estimated year. This report leverages data from the historical period (2019-2024) and forecasts market trends until 2033. Key players analyzed include Honeywell International Inc, IBM Corporation, NXP Semiconductors NV, Softweb Solutions Inc, Cisco Systems Inc, Microsoft Corporation, Zebra Technologies Corp, Verizon Enterprise Solutions, SAP SE, and Intel Corporation (list not exhaustive). Key drivers for this market are: , Increased Adoption of IoT Devices. Potential restraints include: , Data Security and Privacy Concerns. Notable trends are: Emergence of IoT in Retail is Expected to Drive the Market.

The Thai retail market, valued at approximately ฿XX million in 2025 (assuming a logical extrapolation from the provided CAGR and market size), exhibits robust growth potential, driven by a burgeoning middle class, increasing disposable incomes, and a rapidly expanding e-commerce sector. The market's 5.50%+ CAGR suggests sustained expansion through 2033. Key segments include food and beverage, personal care, apparel, and electronics, with supermarkets, specialty stores, and online channels playing significant roles in distribution. The competitive landscape is dynamic, featuring both established multinational corporations (like Unilever and Procter & Gamble) and strong domestic players (Central Group, CP ALL PCL, Tesco Lotus). The dominance of large retail chains reflects the market's mature structure, but the increasing penetration of online retail presents opportunities for smaller businesses and innovative players to carve out niches. Growth drivers include rising consumer spending, government initiatives promoting digitalization, and the increasing adoption of omnichannel strategies by retailers. However, factors such as fluctuating economic conditions and intense competition might act as restraints. The market's segmentation offers insights for strategic investments and targeted marketing efforts, with opportunities for specialization within product categories and distribution channels. Further research is necessary to obtain specific market size figures, but utilizing the given data in combination with industry knowledge, we are able to provide a compelling overview and analysis of the retail landscape in Thailand. The future of Thai retail hinges on adapting to evolving consumer preferences and technological advancements. The rise of mobile commerce and the increasing demand for personalized shopping experiences necessitate investment in digital infrastructure and data analytics. Successful players will be those that can efficiently manage supply chains, leverage omnichannel strategies, and offer competitive pricing and value-added services. Regional differences in consumer behavior and purchasing power must also be considered for effective market penetration. Analyzing the performance of key players within each segment and distribution channel provides valuable insights into successful market strategies and growth opportunities in the Thai retail sector. This report provides a detailed analysis of the dynamic Thailand retail market, covering the period 2019-2033, with a focus on 2025. It delves into market size, segmentation, competitive landscape, and future growth projections, providing invaluable insights for businesses operating in or planning to enter this lucrative market. The report leverages extensive data analysis and incorporates recent industry developments to offer a comprehensive and up-to-date perspective. Keywords: Thailand retail market, Thai retail industry, consumer goods Thailand, retail sales Thailand, e-commerce Thailand, supermarket Thailand, convenience store Thailand. Recent developments include: August 2020 - Tesco Lotus partnered with DHL Supply Chain Thailand. This partnership will see DHL Supply Chain manage Tesco Lotus's warehouse operations in Surat Thani, a 51,500 square meters (sqm) facility that houses its inventory of groceries that cater to consumers in Southern Thailand. The DHL team will handle the inbound and outbound activities, inventory management, and temperature-optimal storage of fresh and frozen food products.. Notable trends are: Growth of the Tourism Industry in Thailand is Driving the Market.