The digital transformation market in the retail sector is expected to grow by more than $137 billion between 2021 and 2025


With the continued spread of the coronavirus pandemic, organizations around the world are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through phases of response, recovery and renewal. Building business resilience and enabling agility will help organizations move forward on their journey from the COVID-19 crisis to the next normal.

Key Considerations for Market Forecast:

  • Impact of lockdowns, supply chain disruptions, demand destruction and changing customer behavior
  • Optimistic, probable and pessimistic scenarios for all markets as the impact of the pandemic unfolds
  • Market estimates before and after COVID-19
  • Quarterly impact analysis and updates on market estimates

Top Five Retail Digital Transformation Market Players:

Alibaba Cloud: The company offers Alibaba Cloud that enables the digital transformation of retail to fuel growth and realize an omnichannel customer experience throughout the consumer journey.

Alphabet Inc.: The company offers Google Cloud which helps retailers accelerate digital and achieve omnichannel revenue growth.

Amazon Web Services Inc.: The Company offers AWS Retail which enables retailers to plan and forecast, promote and recommend, induce and sell, fulfill and ship, deliver and support, analyze and develop throughout the digital transformation journey.

Intel Corp. : The company offers digital transformation that relies on analytics and artificial intelligence (AI).

Microsoft Corp. : The company offers Microsoft Cloud for Retail which brings together different sources of data across the retail value chain and uniquely connects experiences across the end-to-end customer journey through a set of features that deliver more relevant personalized experiences and operational excellence for sustainable profitability.

Learn about the global trends impacting the future of digital transformation market vendors.
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Digital Transformation in Retail Market 2021-2025: Segmentation
The Digital Transformation in Retail Market is segmented as follows:

  • Technology
    • IoT
    • cloud computing
    • big data
    • AI
    • AR/VR
  • Geography
    • North America
    • Europe
    • APAC
    • South America
    • AEM

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