Market revenue in 2023 | USD 507.6 million |
Market revenue in 2030 | USD 2,913.1 million |
Growth rate | 28.4% (CAGR from 2023 to 2030) |
Largest segment | Hardware |
Fastest growing segment | Software |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Hardware, Software |
Key market players worldwide | Amazon.com Inc, Cisco Systems Inc, Alphabet Inc Class A, Honeywell International Inc, Huawei Technologies, International Business Machines Corp, Intel Corp, LG Electronics Inc ADR, NVIDIA Corp, NXP Semiconductors NV, Pax Global Technology Ltd, Samsung Electronics Co Ltd, Apollo Global Management Inc Class A, NCR Atleos Corp |
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Name | Profile | # Employees | HQ | Website |
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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 smart retail market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 74.94% in 2023. Horizon Databook has segmented the UAE smart retail market based on hardware, software covering the revenue growth of each sub-segment from 2018 to 2030.
The UAE market was One of the major factors driving the growth of the UAE smart retail market is the rising demand for contactless systems. Retail businesses are using such smart retail solutions to offer customers seamless accessibility across stores and ease of use without help from store employees.
The subsequent improvement in customer service is expected to increase the demand for smart retail solutions in the country. Several supermarkets and standard grocery stores in the UAE have adopted smart retail solutions to reduce queues and facilitate personalized offers to consumers based on their shopping experience.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE smart retail market , including forecasts for subscribers. This country databook contains high-level insights into UAE smart retail market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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