The Retail Analytics Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Retail Analytics Market?
The size of the retail analytics market has seen a significant increase in recent times. It is projected to rise from $8.66 billion in 2024 to $10.85 billion in 2025, with a compound annual growth rate (CAGR) of 25.3%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Retail Analytics Industry?
The Retail Analytics market is projected to reach a market size of $24.79 billion in 2029, with a compound annual growth rate (CAGR) of 22.9%.
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What are the Key Growth Drivers Fueling the Retail Analytics Market?
The key drivers in the retail analytics market are:
• Enhanced fraud detection capabilities
• Expansion of omnichannel strategies
• Rising demand for real-time and sustainability analytics
• International expansion of retail chains
Global Market Segmentation: Identifying Major Retail Analytics Industry Segments
The retail analytics market covered in this report is segmented –
1) By Component: Solutions, Services
2) By Function: Customer Management, Merchandising, Store Operations, Supply Chain, Strategy And Planning
3) By Deployment Model: On-Premise, Cloud
4) By End User: Offline, Online
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What are the Emerging Trends Shaping the Future of the Retail Analytics Market?
The key trends in the retail analytics market are:
• Focus on customer experience analytics is an upcoming trend in the retail analytics market.
• Omnichannel analytics for seamless integration is shaping the future of retail analytics.
• real-time analytics for instant decision-making and visual and image analytics are gaining traction.
• Evolving trends include cloud-based analytics solutions and collaboration with analytics service providers for customer segmentation and targeted marketing.
Who Are the Top Competitors & Leading Players in the Retail Analytics Market?
Major companies in the retail analytics market are:
• Microsoft Corporation
• HCL Technologies Limited
• IBM Corporation
• 1010data Inc.
• FLIR Systems Inc.
• Radius Networks Inc.
• Manthan Software Services Pvt. Ltd.
• Wipro Limited
• Capgemini SE
• TIBCO Software Inc.
• Adobe Inc.
• Cisco Systems Inc.
• Amazon.com Inc.
• Teradata Corporation
• MicroStrategy Incorporated
• Tableau Software LLC
• FICO
• Fiserv, Inc.
• Verisk Analytics Inc.
• Nielsen Holdings PLC
• Experian PLC
• Mastercard Incorporated
• Visa Inc.
• PayPal Holdings Inc.
• Square Inc.
• Shopify Inc.
• Facebook Inc.
• Dor Technologies Inc.
• True Fit Corporation
• Orbital Insight Inc.
• Cuebiq Inc.
• Rubikloud Technologies Inc.
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the retail analytics market in 2024
