How big is the Retail Digital Transformation Market?

The Retail Digital Transformation Market size is expected to reach USD 243.57 billion in 2024 and grow at a CAGR of 17.32% to reach USD 541.44 billion by 2029. Read More

What is the current Retail Digital Transformation Market size?

In 2024, the Retail Digital Transformation Market size is expected to reach USD 243.57 billion. Read More

Who are the key players in Retail Digital Transformation Market?

SAP SE, IBM Corporation, Oracle Corporation, Alibaba Group Holding Ltd and Alphabet Inc. are the major companies operating in the Retail Digital Transformation Market. Read More

Which is the fastest growing region in Retail Digital Transformation Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Retail Digital Transformation Market?

In 2024, the North America accounts for the largest market share in Retail Digital Transformation Market. Read More

What years does this Retail Digital Transformation Market cover, and what was the market size in 2023?

In 2023, the Retail Digital Transformation Market size was estimated at USD 201.38 billion. The report covers the Retail Digital Transformation Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Retail Digital Transformation Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What future trends are expected in the Digital Transformation of Retail?

Future trends in Digital Transformation in the Retail Industry are a) Include increased use of artificial intelligence (AI) and augmented reality (AR) for personalized shopping b) Greater integration of IoT for enhanced operations c) More robust data security measures Read More

Digital Transformation Market In Retail Market Share

Statistics for the 2023 & 2024 Digital Transformation Market In Retail market share, created by Mordor Intelligence™ Industry Reports. Digital Transformation Market In Retail share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Digital Transformation Industry In Retail

Digital transformation in the retail market is moderately competitive due to the presence of numerous players who are continuously investing in R&D and innovation in digital transformation tools to attract a large number of players. Some major players operating in the market include SAP SE, IBM Corporation, Alphabet Inc., Oracle Corporation, and Alibaba Group Holding Ltd.

In August 2022, Globant, a digitally native business focused on changing organizations via creative digital solutions, launched its Retail Studio. Globant's new solution aims to assist retailers in remaining ahead of industry developments by providing tools for total supply chain transparency and automation and redefining retail via phygital interactions that increase consumer engagement.

In February 2022, Inmar Intelligence, an industrial data technology firm, revealed that Smart & Final, a groceries store retailer, is employing Inmar Intelligence's promotional tools to deliver targetable and traceable digital discounts and offsite media. Inmar will be responsible for reward, offsite marketing targeting, and execution, including measurement.