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Dublin, Aug. 06, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/85qls4/internet_of) has announced the addition of the "Internet of Things (IoT) in Retail Market by Component (Hardware and Software), Hardware (Gateways, RFID, Sensors), Service (Remote device management, Managed service, and Professional service), Technology, Region - Global Forecast to 2020" report to their offering.
The global IoT in retail market is expected to grow from USD 14.28 billion in 2015 to USD 35.64 billion by 2020, at a Compound Annual Growth Rate (CAGR) of 20.07%.
The key players in this market include IBM, Intel Corporation, Zebra Technologies, SAP, Google, Microsoft, Freescale, PTC, ARM, and Cisco.
Internet of Things (IoT) is significantly adopted in every process of retailing such as advertising and marketing, smart kiosks, vending machines, inventory management, and customer payments. . The fact that IoT is rapidly connecting with these retailing processes is due to increasing internet ubiquity, and emergence of cloud platform. The declining cost of sensors and RFID have also significantly increased its adoption by the retailers. Along with these drivers, the market is facing certain restraints such as lack of common standards, skill gap, and security and privacy concerns.
There are various assumptions that have been taken into consideration for the market sizing and forecasting exercise. A few of the global assumptions include political, economic, social, technological, and economic factors. The dollar fluctuations are expected to not seriously affect the forecasts in the emerging regions.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 IOT in Retail Market, By Component
8 IOT in Retail Market, By Service
9 IOT in Retail Market, By Technology
10 IOT in Retail Market, By Functional Area
11 Geographic Analysis
12 Competitive Landscape
13 Company Profiles
- ARM Holdings PLC
- Amazon Web Services
- Atmel Corporation
- Cisco Systems, Inc.
- Freescale Semiconductor, Inc
- Google Inc.
- Happiest Minds
- IBM Corporation
- Intel Corporation Inc.
- Microsoft Corporation
- PTC Inc.
- SAP AG
- Softweb Solutions
- Zebra Technologies
For more information visit http://www.researchandmarkets.com/research/85qls4/internet_of
CONTACT: Research and Markets Laura Wood, Senior Manager email@example.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 Sector: Retail, Internet of Things , Internet of Things , RFIDNEXT ARTICLE