Reflecting the Impact of Legacy Systems Transition, Mobile Commerce Trends, and Demand for Omnichannel Experiences on the Global Retail Cloud Market
What Is The Projected Market Size Of The Global Retail Cloud Global Market Report 2025 And Its Growth Rate?
• The retail cloud market size has grown rapidly from $38.36 billion in 2024 to $44.95 billion in 2025, illustrating a compound annual growth rate (CAGR) of 17.2%.
• Contributors to the historic period growth are legacy systems transition, mobile commerce trends, omnichannel experiences, and supply chain optimization.
• The retail cloud market is projected to see exponential growth, escalating to $100.16 billion in 2029 at a higher compound annual growth rate (CAGR) of 22.2%.
• The forecasted period’s growth can be attributed to enhanced cybersecurity measures, sustainable and green computing, and regulatory compliance challenges.
What Is Driving The Growth In The Retail Cloud Global Market Report 2025?
The ongoing rapid adoption of smartphones is expected to drive considerable growth in the retail cloud market. High internet usage and the acceptance of 5G-enabled smartphones have seen both advanced and emerging economies experiencing surges. This has led to users being able to connect globally in real time, thereby driving demand for smartphones and enabling retail cloud users to access and retrieve data from anywhere. For instance, according to Uswitch Limited, a UK-based financial conduct authority, there were approximately 71.8 million mobile connections in the UK at the beginning of 2022. This marked an increase of 3.8% or around 2.6 million from 2021. Predictions for 2025 show that of the 68.3 million people living in the UK, 95% (or about 65 million people) will own smartphones. Therefore, the rapid adoption of smartphones is set to boost the retail cloud market considerably.
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Who Are the Key Players Driving Retail Cloud Global Market Report 2025 Growth?
• Alphabet Inc.
• Google LLC
• Microsoft Corporation
• Alibaba Group Holding Limited
• NTT Limited
• Amazon Web Services Inc.
• Accentur*e plc
• International Business Machines Corporation
• Cisco Systems Inc.
• Oracle Corporation
• Fujitsu Limited
• SAP SE
• Salesforce.com Inc.
• Cognizant Technology Solutions Corp
• Adobe Inc.
• VMware Inc.
• Atos SE
• T-Systems International GmbH
• Infor Inc.
• Rackspace Technology Inc.
• Nutanix Inc.
• Blue Yonder Group Inc.
• Epicor Software Corporation
• Lightspeed Commerce Inc.
• JDA Software Group Inc.
• Tekion Corp
• SPS Commerce Inc.
• SymphonyAI Retail CPG
What Are The Key Trends In The Retail Cloud Global Market Report 2025?
Key trends in the retail cloud market include:
• Rapid digital transformation
• Augmented reality (AR) and virtual reality (VR) experiences
• Personalization and customer insights
• E-commerce acceleration
• Blockchain for transparency
What Are The Segments Of The Global Retail Cloud Global Market Report 2025?
• By Type: Channel Operations, Supply Chain Management, Customer Management, Merchandising, Workforce Management, Reporting and Analytics, Data Security
• By Service Model: Software as a Service (SaaS), Platform as a Service (PaaS), Infrastructure as a Service (IaaS)
• By Deployment: Public Cloud, Private Cloud, Hybrid Cloud
• By Organization Size: Small and Medium Enterprise, Large Enterprise
Which Region Leads The Retail Cloud Global Market Report 2025?
North America took the lead as the largest region in the retail cloud market in 2024. However, Asia-Pacific is expected to be the fastest-growing region in the forecast period, with the market report covering Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
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What Is Covered In The Retail Cloud Global Market Report 2025 Global Market Report?
– Market Size Analysis: Analyze the Retail Cloud Global Market Report 2025 size by key regions, countries, product types, and applications.
– Market Segmentation Analysis: Identify various subsegments within the Retail Cloud Global Market Report 2025 for effective categorization.
– Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
– Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
– Market Contribution: Evaluate contributions of different segments to the overall Retail Cloud Global Market Report 2025 growth.
– Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
– Industry Challenges: Analyze challenges and risks affecting the Retail Cloud Global Market Report 2025.
– Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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