Retail Analytics Market 2022 Receives Scenario, Leading Players, Segments Analysis and Growth by Forecast to 2029

 The global “Retail Analytics Market” is expected to rise with an impressive CAGR and generate the highest revenue by 2026. Fortune Business Insights™ in its latest report published this information. The report is titled " Retail Analytics Market Size, Share and Trends Forecast". The report discusses research objectives, research scope, methodology, timeline, and challenges during the entire forecast period.

The global retail analytics market size was USD 5.20 billion in 2020 and is projected to grow from USD 5.84 billion in 2021 to USD 18.33 billion in 2028, growing at a CAGR of 17.7% in the 2021-2028 period.

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https://www.fortunebusinessinsights.com/industry-reports/retail-analytics-market-101273


LIST OF KEY COMPANIES PROFILED:

  • Microsoft Corporation (Washington, United States)
  • HCL Technologies Limited (Uttar Pradesh, India)
  • FLIR Systems, Inc. (Oregon, United States)
  • IBM Corporation (New York, United States)
  • Oracle Corporation (Texas, United States)
  • SAP SE (Walldorf, Germany)
  • QlikTech International A.B. (Pennsylvania, United States)
  • Fractal Analytics Inc. (New York, United States)
  • Wipro Limited (Bangalore, India)
  • Nielsen Consumer LLC (Illinois, United States)

Driver: Increasing Rate of Recovery of Financial Losses to Stimulate Retail Analytics Market Growth

The increase in the rate of recovery of financial losses is anticipated to augment the growth of the Retail Analytics Market within the estimated period. Retail Analytics Market helps all organizations and enterprises mitigate losses from a variety of incidents that take place every day, from a data breach involving sensitive customer information to network damage and disruption. Though does not protect any organization against the hack itself, it does offer help before, during, and after an attack. Further, it also helps with the costs associated with remediation, including payment for legal assistance, crisis communicators, investigators, and customer credits or refunds. However, the lack of awareness related to Retail Analytics Market Moreover, the increasing adoption of artificial intelligence and blockchain technology for risk analytics is further anticipated to support the growth in the years to come.

 

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