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Global Smart Shopping Carts Market Research Report 2022: The Integration of IoT, ML, and AI in the Development of Smart Shopping Carts Presents Lucrative Future Growth Opportunities – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Smart Shopping Cart Market Research Report by Technology (Barcode, RFID, and ZigBee), Mode of Sale, Application, Region (Americas, Asia-Pacific and Europe, Middle East and Africa) – Global forecast to 2027 – Cumulative Impact of COVID-19 report added to from ResearchAndMarkets.com offer.

The global smart shopping cart market size was estimated at USD 1,103.41 million in 2021, USD 1,396.62 million in 2022, and is projected to grow at a CAGR of 27.07% to reach 4,646.39 million USD by 2027.

Market statistics:

The report provides market size analysis and forecasts for 7 major currencies – USD, EUR, JPY, GBP, AUD, CAD and CHF. It helps organizational leaders make better decisions when currency exchange data is readily available. In this report, the years 2019 and 2020 are considered as historical years, 2021 as the base year, 2022 as the estimated year and the years from 2023 to 2027 as the forecast period.

Segmentation and market coverage:

This research report categorizes the smart shopping cart to forecast revenue and analyze trends in each of the following submarkets:

  • Based on the technology, the market has been studied across Barcodes, RFID, and ZigBee.

  • Based on the mode of sale, the market was studied between Direct and Distributor.

  • Based on the application, the market has been studied in shopping malls and supermarkets.

  • Based on region, the market has been studied in Americas, Asia-Pacific, Europe, Middle East & Africa. The Americas are studied in more detail through Argentina, Brazil, Canada, Mexico and the United States. The United States is studied in more detail through California, Florida, Illinois, New York, Ohio, Pennsylvania and Texas. Asia-Pacific is studied in more detail through Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan and Thailand. Europe, the Middle East and Africa are studied in more detail in France, Germany, Italy, the Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, the United Arab Emirates and the United Kingdom.

Competitive Strategy Window:

The strategic competitive window analyzes the competitive landscape in terms of markets, applications and geographies to help the vendor define an alignment or match between its capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for vendors to adopt successive strategies of merger and acquisition, geographic expansion, research and development, and new product introduction strategies to execute further business expansion and growth. during a forecast period.

FPNV positioning matrix:

The FPNV Positioning Matrix rates and categorizes vendors in the smart shopping cart market based on business strategy (business growth, industry coverage, financial viability, and channel support) and satisfaction of the product (value for money, ease of use, product features and customer). Support) that helps businesses make better decisions and understand the competitive landscape.

Market share analysis:

The market share analysis offers the analysis of the vendors considering their contribution to the overall market. It gives the idea of ​​its revenue generation in the overall market compared to other providers in the space. It provides information on the performance of vendors in terms of revenue generation and customer base compared to others. Knowing the market share gives an idea of ​​the size and competitiveness of suppliers for the reference year. It reveals the characteristics of the market in terms of accumulation, fragmentation, dominance and merger.

Competitive scenario:

The competitive scenario provides an analysis of the prospects of the different business growth strategies adopted by the vendors. The news covered in this section provides valuable insights at various stages while keeping abreast of business news and engaging stakeholders in the economic debate. The competitive scenario represents press releases or company news categorized into merger and acquisition, agreement, collaboration and partnership, new product launch and improvement, investment and financing, and awards, recognition and expansion. All the news gathered helps the vendor to understand the gaps in the market and the strength and weakness of the competitors, thus providing insights to improve the product and service.

Market dynamics

Drivers

  • Transforming the retail shopping experience, mass merchandising and other retail applications by deploying self-service assistants

  • Increase in demand for in-store advertising and communication systems in cart display devices

Constraints

  • Limited adoption among retailers and capabilities in majority of deployments

Opportunities

  • Integration of IoT, ML and AI in the development of smart shopping carts

  • Multiple Fulfillment Offers/Promotions and Payment Methods

Challenges

  • Patent contemplated and limited profitability

Main topics covered:

1. Preface

2. Research methodology

3. Executive Summary

4. Market Overview

5. Market Overview

6. Smart Shopping Cart Market, By Technology

7. Smart Shopping Cart Market, By Mode of Sale

8. Smart Shopping Cart Market, By Application

9. Americas Smart Shopping Cart Market

10. Asia Pacific Smart Shopping Cart Market

11. Europe, Middle East and Africa Smart Shopping Cart Market

12. Competitive Landscape

13. Enterprise Usability Profiles

14. Appendix

Companies cited

  • AiFi

  • Caper Inc.

  • Trolley Technologies

  • Focal Systems Inc.

  • Fujitsu Limited

  • Grabango

  • International Commercial Machinery Society

  • Microsoft Corporation

  • SAP SE

  • SK Telecom Co., Ltd.

  • Standard Cognition, Corp.

  • TRACXPOINT

  • Walmart Inc.

  • Wanzl India Pvt SA

  • ZooZ by PayU company

For more information about this report visit https://www.researchandmarkets.com/r/tbtw