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Venture Capital Predicts Opportunities for Startups to Uniquely Leverage Data and Increasingly Capable Hardware

by
February 1, 2023
Home Business Retail
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Dublin, February 1, 2023 /PRNewswire/ — “Smart Retail: Technologies and Trends Analysis (2022-2025)” report added of ResearchAndMarkets.com Recruitment.

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The Smart Retail: Technologies and Trends Analysis (2022-2025) report is approximately 25,000 words (95 pages). Establish a strategic framework for smart retail adoption and explore related technologies.

The COVID-19 pandemic has forced even the most culturally reluctant retailers to mimic or learn from e-commerce platforms, brands’ own direct-to-consumer channels, and sometimes lifestyle-related channels. it was done. This change is just the beginning. Digital transformation lays the foundation for optimization and new hardware awaits. “Smart retail” can bridge the gap between lockdown-era approaches and a new consumer reality characterized by inflation and various forms of uncertainty.

Beyond omnichannel capabilities, the majority of retailers expect to increase their use of technology by layering creative customer experiences (VR/AR/MR) with new acquisition channels (voice, live, social commerce) doing.

Venture capitalists see opportunities for smart retail start-ups to leverage data and increasingly capable hardware in unique ways, such as automated stores and virtual stores, leading to high valuations and exits. I’m here. For consumers, the promise of smart retail is typically a more cohesive, personalized, engaging and profitable shopping experience.

Smart Retail: Technology and Trends Analysis (2022-2025) report highlights:

  • This analysis helps investors, retailers, and smart retailers by providing a bird’s eye view of recent and upcoming changes in retail. Reveal smart retail strategies and categories through multiple case studies based on primary and secondary research.

  • Key data points, including market forecasts, are visualized as infographics for time-saving information capture. These compelling images can be easily extracted for internal presentations. Key experts in the smart retail space are cited throughout the document.

  • This data-rich report provides frameworks and instruments that determine market growth, including retailers’ ability to build and nurture a digital culture, and smart retail providers’ perceptions of trends and issues that most impact retailers. Start by identifying.

  • The report then examines smart retail categories being used to create new customer experiences as part of this industry transformation. These innovative technologies are tied to aggregated research, forecasts, other data, and business goals.

  • Ultimately, the report focuses on the mindset of entrepreneurs driving disruption and retailers evaluating technology adoption. This depiction of the smart retail space can serve as a reference point for investments, decisions, pitches, and presentations.

  • The report also presents over 200 quantitative insights within a strategy-oriented, highly qualitative structure. Some predictions change dramatically, so these predictions are carefully contextualized and represented as a spectrum.

This report provides comprehensive answers to the following key questions:

  • How are major retailers like Walmart approaching smart retail adoption?

  • How are smart retail startups approaching retail prospects and clients?

  • How can retailers transform culture to foster technology experimentation?

  • How can retailers use data to better understand consumers and manage inventory?

  • What are the opportunities and risks in this vast data ecosystem?

  • What technologies are being used to create new shopper experiences?

A selection of companies mentioned in this report are:

  • Amazon

  • Carrefour

  • great framing

  • Futureproof Retail

  • Gap Co., Ltd.

  • Grabango

  • meta

  • Mitt

  • mobile high 5

  • NordVPN

  • NZ Technologies

  • Obsess over

  • SES imago tag

  • Split

  • Tori 360

  • walmart

  • Yahoo

Main topics:

1. Introduction to smart retail
1.1 Main advantages of this report
1.2 Target Audience
1.3 Companies mentioned in this report
1.4 Methodology
1.5 Executive Summary

2. Strategic Framework for Smart Retail Adoption
2.1 Role of Digital Culture in Product/Market Fit
2.2 Organizational change
2.3 Digital Experiments and Metrics
2.4 Using data to reverse engineer consumer preferences
2.5 Use data and intuition to manage inventory and support retail brands
2.6 Managing Content and Commerce Relationships
2.7 Data Ecosystem: Potential Conflicts of Interest Between Smart Retail Vendors and Retailers
2.8 Smart retail pricing and sales strategies

3. Creation of new customer experiences
3.1 Growth of smart retail hardware
3.2 Smart labeling of product interactions
3.3 Voice commerce that enhances convenience
3.4 Live Commerce for Inspire Sales
3.5 Touchless display during pandemic
3.6 New Payment Options for New Purchase Behavior (BNPL)
3.7 Stimulate Sales and Lower Return Rates with AR/VR/MR

4. Smart Retail Infographic

For more information on this report, please visit https://www.researchandmarkets.com/r/ql3j66-retail?w=5.

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source of international market research reports and market data. It provides up-to-date data on international and regional markets, key industries, top companies, new products and latest trends.

Media contact:

research and market
Laura WoodSenior Manager
press@researchandmarkets.com

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View Original Content: https://www.prnewswire.com/news-releases/global-smart-retail-technologies-and-market-trends-analysis-report-2023-vcs-foresee-opportunities-for-startups- to-leveraged data and increasingly-capable-hardware-in-unique-ways-301735875.html

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