Asia-Pacific Retail Analytics Market By Component (Software & Services), By Deployment Mode (Cloud & On-Premise), By Application, By End User Sector, By Country, Competition Forecast & Opportunities, 2013 – 2023

Asia-Pacific retail analytics market stood at $ 435 million in 2017 and is projected to grow at a CAGR of 23% to reach $ 1.5 billion by 2023, owing to increasing deployment of public Wi-Fi systems across various offline retail stores. Moreover, rising income levels, increasing spending of various central governments towards big data and analytics, and growing demand for automated retail-based services are expected to fuel the region’s retail analytics market during forecast period. Some of the other factors that would aid growth in the market are growing adoption of IoT devices and rising smartphone and internet user base across the region. 

Years considered for this report:

Historical Years: 2013-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2019–2023

Objective of the Study:

• To define, classify and forecast the Asia-Pacific retail analytics market on the basis of component, deployment mode, application, end user and regional distribution.
• To analyze and forecast the Asia-Pacific retail analytics market size.
• To identify the drivers and challenges for the Asia-Pacific retail analytics market.
• To strategically profile leading players operating in the Asia-Pacific retail analytics market. 

Click here to download the brochure

Some of the major players operating in Asia-Pacific retail analytics market are IBM Corporation, Microsoft Corporation, SAP SE, Oracle Corporation, SAS Institute Inc., Qlik, Infor, Tibco Software Inc., Tableau Software, etc.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of retail analytics developers and solution providers across the region. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include the developers which could not be identified due to limitations of secondary research. TechSci Research analyzed the product offerings, distribution channels, and country presence of all major retail analytics providers across the region.

TechSci Research calculated the Asia-Pacific retail analytics market size using a bottom-up approach, where developer’s value data for standard applications (Merchandising Analytics, Marketing Analytics, Customer Analytics, Pricing Analytics and Others) were recorded and forecast for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated through analyzing historical revenues of respective developers to arrive at the overall market size. Various secondary sources such as company websites, annual reports, World Bank website, Government website, press releases, white papers, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

• Solution Developers & Providers
• Retailers
• Services Providers
• System Integrators
• Associations, organizations, forums and alliances associated with retail analytics
• Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as retail analytics developers, providers, procurers, distributors, companies, customers and policy makers. The study would also aid the stakeholders to target the growing segments over the coming years, thereby aiding them in taking right investment decisions and facilitating their expansion.

Report Scope:

In this report, the Asia-Pacific retail analytics market has been segmented into following categories in addition to the industry trends which have also been detailed below:

• Market, by Component:

• Software
• Service

• Market, by Deployment Mode:

• Cloud
• On-Premise

       •    Market, by Application:

• Merchandising Analytics
• Marketing Analytics
• Customer Analytics
• Pricing Analytics
• Others

         •  Market, by End User Sector:

• E-Commerce
• Store Based Retailers

• Market, by Country:

• China
• India
• Indonesia
• South Korea
• Singapore
• Rest of Asia-Pacific

Competitive Landscape

Company Profiles: Detailed analysis of the major companies providing retail analytics solutions and services.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

·         5 more players in the regional market