Global Retail Research Company Market Report 2022 – Global Market Size, Trends and Forecast 2022-2026
LONDON, GREATER LONDON, UK, April 19, 2022 /EINPresswire.com/ — Many retailers are adopting a robust and consistent strategy for data analytics in management. This technology is being deployed to improve supply chain efficiency, streamline operations to engage customers and retain customers, data has become essential for most retail operations. With the rapid growth of retail data and the availability of technologies to analyze the data, it will become easier for retailers to identify and meet the needs and expectations of their customers, which is expected to drive the market further. ‘coming.
Retail Market Trends including investing more and more in drones to reduce delivery times and increase profitability. A drone is an unmanned aerial vehicle (UAV), which is remotely controlled or flies autonomously using software-controlled flight plans in their systems. Using a drone for delivery allows retailers to cut costs and help get customers their products sooner than traditional delivery methods. For example, Amazon has invested in its Prime Air deliveries via drones, which claims to deliver in 30 minutes. Amazon has started trial delivery via drones in the UK, but is still awaiting regulatory approval in the US.
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The size of the global retail market is expected to grow from $23.65 trillion in 2021 to $26.33 trillion in 2022 at a compound annual growth rate (CAGR) of 11.3%. The global retail market share is expected to reach $38.71 trillion by 2026 at a CAGR of 10.1%.
Asia Pacific was the largest retail market region in 2021. North America was the second largest retail market region globally. Regions covered in the global retail market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle- East and Africa.
The major players covered in the global retail industry are Walmart Inc., Sinopec Limited, Amazon.com Inc, PetroChina Company Limited, CVS Health Corporation, Costco Wholesale Corp, The Kroger Co, McKesson Corporation, Walgreens Boots Alliance Inc and JD.com Inc. .
The global TBRC Retail market research report is segmented by Type into Automotive & Parts Dealerships, Food & Beverage Stores, Gas Stations, Miscellaneous Store Retailers, cosmetics and personal care stores, clothing and clothing accessories stores, electronics and appliance stores, furniture and furnishings. stores, supermarkets and hypermarkets, convenience stores, mom and pop stores, department stores and other general merchandise stores, e-commerce and other non-store retailers, building materials and garden equipment and supplies dealers, pharmacies and health care stores health, sporting goods, hobby, musical instrument, and bookstores, by ownership in retail chain, independent retailer, by distribution channel in supermarkets/hypermarkets, convenience stores, department stores, specialty stores, in line, others.
Global Retail Market Report 2022 – By Type (Motor Vehicle & Parts Dealers, Food & Beverage Stores, Gas Stations, Miscellaneous Store Retailers, Cosmetics & Personal Care Stores, Apparel & Clothing Accessories Stores, Electronics Stores and appliance stores, furniture and home furnishings stores, supermarkets and hypermarkets, convenience store, mom and pop stores, department stores and other general merchandise stores, e-commerce and other non-store retailers, building materials dealers and equipment and garden supplies, pharmacies and health care stores, sporting goods, hobbies, musical instruments, bookstores), by property (Retail chain, independent retailer), by distribution channel (supermarkets / hypermarkets, convenience stores, department stores, specialty stores, online, other distribution channels) – Market size, trends and forecasts 2022-2026 is part of a series of new reports from The Business Research Company that provide retail market overview, forecast retail market size and growth for overall brand and, market segments of retail, geographies, retail market trends, retail market drivers, restraints, revenue, profiles and market shares of major competitors.
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