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Global retail cloud market forecast to 2022 published by leading research firm

IT Market Research

The retail cloud report aims at estimating the market size and future growth potential of the market across different segments, such as type, service model, organization size, deployment model, and region.

The convergence of LMR technology with public and private LTE networks is one of the growing market trends. The growth in the market during the forecast period will be supported by public communication network operators and telecom vendors.

Emerging countries with growing economies will also contribute to the growth of the global public safety LTE devices market.

The primary objectives of the report are to provide a detailed analysis of the major factors influencing the growth of this market (drivers, restraints, opportunities, industry specific challenges, and burning issues) and analyze the opportunities in the market for stakeholders and details of a competitive landscape for market leaders.

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The research methodology used to estimate and forecast the retail cloud market begins with capturing data on key vendor revenues through secondary literature such as annual reports, company websites, public databases, and KMI data repository. The vendor’s offerings are also taken into consideration to determine the market segmentation.

The bottom-up procedure was employed to arrive at the overall market size of the global retail cloud market from the revenue of the key players in the market. After arriving at the overall market size, the total market was split into several segments and sub segments, which were then verified through primary research by conducting extensive interviews with key people, such as CEOs, VPs, directors, and executives.

Covered in this report

The report covers the present scenario and the growth prospects of the global public safety LTE device market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of public safety LTE devices.

Split by Product Types, with production, revenue, price, market share and growth rate of each type, can be divided into

Software as a Service

Platform as a Service

Infrastructure as a Service

Split by applications, this report focuses on consumption, market share and growth rate of Retail Cloud in each application, can be divided into

Consultancy Firms

Training and Education Service

Cloud Vendors

Analytics Solution Providers

Service Providers

The professional services in the retail cloud market are estimated to hold the largest market share. The professional services include deployment and integrated services.

These services enable retailers in lowering risks, reducing complexity, and rising return on investment as they can be customized, are easily applicable, and deliver maximum product assurance. The retail sector is moving toward cloud adoption for efficient operational functions and to offer better customer experiences.

Professional services include training development; design, implementation, and project management; deployment methodology; pre-planning; and cost effectiveness.

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