Global Internet Of Things (iot) In Retail Market Size & Outlook
Global internet of things (iot) in retail market, 2018-2030 (US$B)
Related Markets
Global internet of things (iot) in retail market highlights
- The global internet of things (iot) in retail market generated a revenue of USD 51.6 billion in 2023 and is expected to reach USD 297.4 billion by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 28.4% by 2030.
- In terms of segment, hardware accounted for a revenue of USD 23.1 billion in 2023.
- Platform is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 51.6 billion |
| Market revenue in 2030 | USD 297.4 billion |
| Growth rate | 28.4% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Platform |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Hardware, Platform, Services |
Other key industry trends
- In terms of revenue, the North America accounted for 29.3% of the global internet of things (iot) in retail market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 58.1 billion by 2030.
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Internet Of Things (IoT) In Retail Market Scope
Internet Of Things (IoT) In Retail Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global internet of things (iot) in retail market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to internet of things (iot) in retail market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 44.77% in 2023. Horizon Databook has segmented the Global internet of things (iot) in retail market based on hardware, platform, services covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Internet Of Things (IoT) In Retail Component Outlook (Revenue, USD Billion, 2018-2030)
- Hardware
- Beacons
- RFID Tags
- Sensors
- Wearables
- Platform
- Connectivity Management
- Application Management
- Device Management
- Services
- Professional Services
- Managed Services
- Hardware
- Global Internet Of Things (IoT) In Retail Technology Outlook (Revenue, USD Billion, 2018-2030)
- Bluetooth Low Energy
- Near Field Communication
- ZigBee
- Others
- Global Internet Of Things (IoT) In Retail Deployment Outlook (Revenue, USD Billion, 2018-2030)
- On-premise
- Cloud
- Global Internet Of Things (IoT) In Retail Application Outlook (Revenue, USD Billion, 2018-2030)
- Operations Management
- Inventory Management
- Supply Chain Automation
- Workforce Management
- Security and Safety
- Customer Management
- Smart Vending Machine
- Smart Shelves
- Queue Management
- Automated Checkout
- Asset Management
- Asset Tracking
- Predictive Maintenance
- Advertising and Marketing
- Smart Digital Signage
- Geomarketing
- Others
- Operations Management
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Target buyers of Global internet of things (iot) in retail market databook
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Our clientele includes a mix of internet of things (iot) in retail market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global internet of things (iot) in retail market , including forecasts for subscribers. This global databook contains high-level insights into Global internet of things (iot) in retail market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global internet of things (iot) in retail market size, by regions, 2018-2030 (US$B)
Top 10 countries: Internet of things (iot) in retail market size, 2023 (US$B)
Global internet of things (iot) in retail market share, by component, 2023 & 2030 (%, US$B)
Internet of things (iot) in retail market: Opportunity assessment by country
Global internet of things (iot) in retail market, by region, 2023 (US$B)
Related regional statistics
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