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Retail Digital Transformation Market

Retail Digital Transformation Market- Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020. The Market forecast to grow at a CAGR of 23.7% during the period 2014 to 2020

Retail Digital Transformation Market- Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020. The Market forecast to grow at a CAGR of 23.7% during the period 2014 to 2020

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<strong>Retail</strong> <strong>Digital</strong> <strong>Transformation</strong> <strong>Market</strong> to Rise owing to Advanced<br />

Shipping Services and Secure Modes of Payment<br />

Increased Internet penetration and rise in the number of mobile applications have led to the<br />

increased demand for efficient online retail marketplaces. Rising technological awareness has<br />

encouraged consumers worldwide to use mobile applications and websites to shop online. In<br />

addition, competitive prices and ease of navigation among wide range of products by access<br />

through websites has increased the popularity of online retailing.<br />

<strong>Digital</strong> transformation in retail sector has enabled providers to achieve multi-channel sales<br />

through online marketplaces. Online retail offers convenience and enhanced reach to the<br />

merchants across the globe as they can showcase their product offerings to a large group of<br />

consumers over various online stores.<br />

Customers can choose from a wide range of online retailing websites which showcase a wide<br />

range of products. In addition, customers benefit as they can compare the cost and select the<br />

option that suits them best and also leverage from the discounts, sales and various other offers.<br />

External factors such as new entrants and increasing number of online stores across the world are<br />

expected to drive the growth of retail digital transformation market over the forecast period.<br />

Obtain Report Details @<br />

http://www.transparencymarketresearch.com/retail-digital-transformation-market.html<br />

According to the report, the global retail digital transformation market is boosted by factors such<br />

as availability and ease of internet access, enabling easy access to customers for shopping online.<br />

In addition, factors including advanced shipping services and safe and secure modes of payment<br />

have raised inclination of customers towards online retail. In addition, the rising utilization of<br />

mobile devices such as tablets and smartphones, offering great convenience to customers, has<br />

positively affected the global online shopping scenario.<br />

The large number of promotions and discounts on products available online and the rising<br />

company investments for the swift development of mobile applications utilized in online<br />

shopping have significantly fuelled the global retail digital transformation market.


On the basis of mode of access, the retail digital transformation market is segmented into<br />

websites and mobile applications. Online retail market places can be accessed via these two<br />

modes of access. Amongst these, the mode of access via mobile application held a great demand<br />

owing to the rising number of users having smartphones.<br />

This 103 page report gives readers a comprehensive overview of the <strong>Retail</strong> <strong>Digital</strong><br />

<strong>Transformation</strong> <strong>Market</strong>. Browse through Table. Browse through 29 figures and 25 data tables<br />

to unlock the hidden opportunities in this market.<br />

Nonetheless, websites have also been a significant option for online retailing owing to<br />

enhancement in broadband internet connections and advantages of websites such as easy usage<br />

and greater navigation areas. This is why, in 2013, the websites segment held the biggest share<br />

within the retail digital transformation market.<br />

Owing to the rising popularity of m-commerce, the websites segment is anticipated to expand at<br />

an exponential rate in the forecast horizon, but rising demand for m-commerce will also help<br />

demand from mobile applications.<br />

Get Sample copy of the Report @<br />

http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=4444<br />

On the basis of geography, the market is segmented into Eastern Europe, Western Europe, Latin<br />

America, North America, Japan, Asia Pacific excluding Japan, and the Middle East and Africa.<br />

In 2013, on the basis of revenue, North America dominated the market for retail digital<br />

transformation due to the presence of prime players and rise in internet access within this region.<br />

Asia Pacific excluding Japan trailed North America, holding the second biggest share on the<br />

basis of revenue, and this region is predicted to witness rapid growth in the forecast horizon.<br />

Amazon, Inc., eBay, Inc., and Alibaba Group Holding Limited are the three leading players in<br />

the market. Other players include Otto Group, Flipkart Internet Private Limited, and Rakuten,<br />

Inc., among others.<br />

The global retail digital transformation market has been segmented as follows:<br />

<strong>Retail</strong> <strong>Digital</strong> <strong>Transformation</strong> <strong>Market</strong>, by Mode of Access


•Mobile Apps<br />

•Websites<br />

<strong>Retail</strong> <strong>Digital</strong> <strong>Transformation</strong> <strong>Market</strong>, by Product<br />

•Consumer Electronics and Appliances<br />

•Apparel and Footwear<br />

•Media, Toys and Games<br />

•Food, Grocery and Beverages<br />

•Furniture and Home Improvement<br />

•Beauty and Personal Care<br />

•Others<br />

<strong>Retail</strong> <strong>Digital</strong> <strong>Transformation</strong> <strong>Market</strong>, by Geography<br />

•North America<br />

•Western Europe<br />

•Eastern Europe<br />

•Asia Pacific excluding Japan<br />

•Japan<br />

•Latin America<br />

•Middle East and Africa<br />

About Us


Transparency <strong>Market</strong> Research (TMR) is a market intelligence company, providing global<br />

business information reports and services. Our exclusive blend of quantitative forecasting and<br />

trends analysis provides forward-looking insight for thousands of decision makers. We have an<br />

experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources<br />

and various tools and techniques to gather, and analyze information. Our business offerings<br />

represent the latest and the most reliable information indispensable for businesses to sustain a<br />

competitive edge.<br />

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals,<br />

chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and<br />

technology. These reports provide in-depth analysis and deep segmentation to possible micro<br />

levels. With wider scope and stratified research methodology, our syndicated reports thrive to<br />

provide clients to serve their overall research requirement.<br />

Contact<br />

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