New York, June 29, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Smart Shopping Cart Market By Technology, By Application, By Mode of Sales, By Region, Forecast & Opportunities, 2025” – https:/ /www.reportlinker.com/p05916806/?utm_source=GNW
The global smart shopping cart market is expected to grow at a double-digit CAGR during the forecast period. Buyers and cashiers reap the benefits of the product as for shoppers it reduces time spent in long queues for billing and for cashiers it saves time on the entire billing process as it is automatically performed by smart shopping. Cart; hence, driving the growth of the smart shopping cart market.
The market is segmented on the basis of technology, application, mode of sale, region and company. On the basis of technology, the market is fragmented into ZigBee, RFID, and barcodes.
Among these, the RFID segment is expected to hold the largest market share during the forecast period, as unlike other technologies, RFID is capable of both reading and writing data, and l The tag has a read range of over 100 feet.
North America was the dominant region in the global smart shopping cart market in 2019 owing to the presence of prominent players in the region. On the other hand, the Asia-Pacific region is expected to grow at the highest rate till 2025 due to the increasing adoption of technology in the emerging economies present in the region.
Key players in the smart shopping cart market are International Business Machines Corp, Fujitsu Ltd., Toshiba Corp, Microsoft Corp, V-Mark, Enterprise Limited, SK Telecom Co Ltd, Oracle Corp, Compaq Computer Corp, Media Cart Holdings Inc ., The Japan Research Institute Ltd., et al. The companies have started working collectively on the development of the smart shopping cart and have rolled out their stores in different countries to expand their market.
Years considered for this report:
Historical years: 2015-2018
Base year: 2019
Estimated year: 2020
Forecast period: 2021-2025
Goal of the study:
• Analyze and forecast the market size of the global smart shopping cart market.
• To classify and forecast the global smart shopping cart market based on technology, application, mode of sale, region and company.
• Identify drivers and challenges for the global smart shopping cart market.
• Examine competitive developments such as expansions, new product launches, mergers and acquisitions, etc., in the global smart shopping cart market.
• Perform price analysis for the global smart shopping cart market.
• Identify and analyze the profile of key players operating in the global smart shopping cart market.
The analyst conducted extensive primary and secondary research for this study. Initially, the analyst procured a list of manufacturers across the world.
Subsequently, the analyst conducted primary research surveys with the identified companies. During the interviews, the respondents were also asked about their competitors.
Using this technique, the analyst could include manufacturers that could not be identified due to secondary research limitations. The analyst looked at the manufacturers, distribution channels and presence of all major players across the globe.
The analyst calculated the market size of the global smart shopping cart market using a bottom-up approach, in which data from various end-user segments was recorded and forecasted for the coming years. The analyst obtained these values from industry experts and company representatives and validated them externally by analyzing historical data of these types of products and applications to derive an appropriate overall market size.
Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the analyst.
Key target audience:
• Manufacturers, suppliers, distributors and other stakeholders of smart shopping carts
• Malls and malls
• Market research and consulting firms
• Government bodies such as regulators and policy makers
• Organizations, forums and alliances related to the smart basket
The study is helpful in providing answers to several critical questions that are important for industry stakeholders such as manufacturers, partners, end users, etc., besides enabling them to form strategies for investment and capitalize on market opportunities.
In this report, the global smart shopping cart market has been segmented into the following categories, in addition to industry trends which have also been detailed below:
• Market, by technology:
• Market, by application:
o Shopping centers
• Market, by mode of sale:
• Market, by region:
– South Korea
– North America
o North America
– United States
o South America
o Middle East and Africa
– Saudi Arabia
– South Africa
Company Profiles: Detailed analysis of the major companies present in the global smart shopping cart market.
With the given market data, we offer customizations based on the specific needs of a business. The following customization options are available for the report:
• Detailed analysis and profiling of other market players (up to five).
Read the full report: https://www.reportlinker.com/p05916806/?utm_source=GNW
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