Big Data Analytics In Retail Market Research Report: Competitive Landscape With Growth By Revenue
November 21, 2022 ⚊ 1 Min read ⚊ Views 84 ⚊ BUSINESS
The global big data analytics in retail market reached a market size of USD 4.56 Billion in 2020 and is expected to register a robust CAGR of 21.2% over the forecast period, according to latest analysis by Emergen Research. Growing need to enhance customer experience with personalized offerings in the retail industry is among some of the key factors expected to drive growth of the global big data analytics in retail market during the forecast period. Retail businesses analyze in-store surveillance recordings and data from sensors to enhance consumer experience. Retailers calculate how many buyers tend to move to a storage area and better represent the products individuals are more likely to choose initially.
Tags: Big Data Analytics in Retail Market
