IT spending in the retail industry refers to the investments retailers make in IT and IT solutions in order to run their businesses. Increasing competition across the retail sector is putting pressure among retailers to differentiate their offerings.
This report contains market size and forecasts of IT Spending in Retail in Global, including the following market information:
- Global IT Spending in Retail Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Global top five companies in 2021 (%)
The global IT Spending in Retail market was valued at 103330 million in 2021 and is projected to reach US$ 131830 million by 2028, at a CAGR of 3.5% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Component Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of IT Spending in Retail include Cisco Systems, Epicor Software, Hewlett Packard Enterprise, Informatica LLC, IBM, JDA Software Group, LS Retail ehf, Magstar and Microsoft, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the IT Spending in Retail companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global IT Spending in Retail Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global IT Spending in Retail Market Segment Percentages, by Type, 2021 (%)
- Component
- Services
- Infrastructure Software
Global IT Spending in Retail Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global IT Spending in Retail Market Segment Percentages, by Application, 2021 (%)
- Electronic Commerce
- Supermarket
- Store
- Other
Global IT Spending in Retail Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global IT Spending in Retail Market Segment Percentages, By Region and Country, 2021 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies IT Spending in Retail revenues in global market, 2017-2022 (estimated), ($ millions)
- Key companies IT Spending in Retail revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Cisco Systems
- Epicor Software
- Hewlett Packard Enterprise
- Informatica LLC
- IBM
- JDA Software Group
- LS Retail ehf
- Magstar
- Microsoft
- MicroStrategy
- Oracle
- Salesforce
- SAP SE
- VMware
