IoT In Retail Market - Forecast(2020 - 2025)
IoT In Retail Market Overview: The Internet of Things (IoT) technology has taken the world by storm. According to Intel Corporation headquartered in California, this technology is exploding and reaching across every single device with a fast pace. The company projects 200 billion different objects empowered by this technology by the year 2020. [1] Most of the objects that human access on a daily basis fall in the category of ‘smart’ products, thanks to Internet of Things. Retail analytics market has been disrupted by IoT and has provided massive growth to it. With the incorporation of IoT in retail analytics, companies are able to boost their consumer base and earn noticeable market revenues. Internet of Things will define the retail analytics market in the upcoming years and be the main reason for its upliftment. During the forecast period of 2019-2025, the IoT in retail market will experience a burgeoning growth with a compound annual growth rate (CAGR) of 19.34%, which will be a co