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Global Retail Cloud Market Share, Size, Overview, Growth, Analysis, Statistics, Forecast: By Model Type: Software as a Service (SaaS), Platform as a Service (PaaS), Infrastructure as a Service (IaaS); By Deployment: Public Cloud, Private Cloud, Hybrid Cloud; By Organisation Size; By Solution; Regional Analysis; Competitive Landscape; 2023-2028
Global Retail Cloud Market Outlook
The global retail cloud market attained a value of over USD 16.57 billion in 2022. The market is further expected to grow in the forecast period of 2023-2028 at a CAGR of 16.80%.
Key Trends in the Market
Retail cloud refers to the cloud computing technology that is used in the retail industry. Retail cloud services can manage the complete back-end process of any retail operation, including inventory management, order processing, fulfilment, and shipping. The cloud helps retailers redefine and personalise consumer relationships, and optimise and transform operations, along with generating more efficient merchandising as well as supply networks.
- The increasing awareness and adoption of omni-channel retailing is expected to drive the retail cloud market growth during the forecast period. This is due to the advantages of retail cloud technology in supporting omni-channel sales.
- The growing digital transformation among retailers is likely to gain traction and boost market growth. Moreover, retailers are focusing on increasing their IT spending which is expected to boost the market growth of retail clouds.
- Competition is on the rise among retailers, and retail cloud provides them with an edge, by streamlining their operations and increasing efficiency. As competition continues to increase with more companies crossing regional borders, the market growth of retail cloud is expected to grow over the coming years.
Market Analysis
Based on model type, the retail cloud market can be segmented into Software as a Service (SaaS), Platform as a Service (PaaS), and Infrastructure as a service (IaaS). On the basis of deployment, the market is categorised into public cloud, private cloud, and hybrid cloud. Based on organisation size, the market is segmented into small and medium enterprise, and large enterprise. On the basis of solution, the market is categorised into supply chain management, workforce management, customer management, reporting and analytics, data security, and omni-channel, among others. The regional markets for retail cloud can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global retail cloud market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
- Oracle Corporation
- Cisco Systems, Inc.
- Fujitsu Limited
- Microsoft Corporation
- SAP SE
- IBM Corporation
- Others
Market Share by Deployment
The hybrid cloud form of deployment is holding robust growth in the retail cloud market share across the globe on account of the increasing adoption of hybrid cloud solutions by several companies. This is due to the better operational efficiency and delivery service offered by hybrid cloud solutions in less time.
Going further, growing investments in cloud-based solutions is further influencing enterprises to invest in hybrid cloud solutions. This is because hybrid cloud solutions are a combination of on-premises, private cloud, third-party, and public cloud services offering greater flexibility and customisation potential for individual company needs.
Market Share by Region
Geographically, the North American region is expected to augment the retail cloud market share on account of the rising adoption of cloud-based solutions across the retail industry in developed economies like Canada and the United States. The United States is expected to hold the market growth on account of the rising investment in innovative technologies. The growing e-commerce industry in the country, with smaller retailers expanding to e-commerce platforms is likely to push forward market growth over the coming years.
Meanwhile, the Asia Pacific region is expected to fuel the market growth of retail cloud on account of the surging popularity of cloud-based solutions, especially in countries like India, Japan, and China. The increasing penetration of the internet has encouraged the adoption of advanced solutions in the retail industry. This is further expected to boost the market growth in the region.
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Competitive Landscape
Oracle Corporation offers cloud-based solutions for numerous enterprises. It provides database and middleware software, cloud infrastructure software and hardware systems, and application software. The company provides integrated cloud solutions, Software-as-a-Service (SaaS), and Infrastructure-as-a-Service (IaaS). It also offers licenses for new on-premise software, related support solutions, and licenses updates.
Cisco Systems, Inc. deals in the manufacture, sale, and design of Internet Protocol-based networking services and products associated with the communications and information technology industry. It offers information technology and networking services. It also offers software development, enterprise network security, data collaboration, and cloud computing, among other related services.
Fujitsu Limited offers information and communications technology (ICT) solutions. The company provides a variety of storage devices, computing devices, servers, electronic devices, allied products, and networking systems. It provides business transformation, applications, networks, communication services, and cybersecurity.
Other market players include Microsoft Corporation, SAP SE, Google, and IBM Corporation, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Model Type |
|
| Breakup by Deployment |
|
| Breakup by Organisation Size |
|
| Breakup by Solution |
|
| Breakup by Region |
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| Market Dynamics |
|
| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Region
7 Industry Opportunities and Challenges
8 Global Retail Cloud Market Analysis
8.1 Key Industry Highlights
8.2 Global Retail Cloud Historical Market (2018-2022)
8.3 Global Retail Cloud Market Forecast (2023-2028)
8.4 Global Retail Cloud Market by Model Type
8.4.1 Software as a Service (SaaS)
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Platform as a Service (PaaS)
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Infrastructure as a Service (IaaS)
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.5 Global Retail Cloud Market by Deployment
8.5.1 Public Cloud
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Private Cloud
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Hybrid Cloud
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.6 Global Retail Cloud Market by Organisation Size
8.6.1 Small and Medium Enterprise
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Large Enterprise
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.7 Global Retail Cloud Market by Solution
8.7.1 Supply Chain Management
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Workforce Management
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Customer Management
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Reporting and Analytics
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Data Security
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2022)
8.7.5.3 Forecast Trend (2023-2028)
8.7.6 Omni-Channel
8.7.6.1 Market Share
8.7.6.2 Historical Trend (2018-2022)
8.7.6.3 Forecast Trend (2023-2028)
8.7.7 Others
8.8 Global Retail Cloud Market by Region
8.8.1 Market Share
8.8.1.1 North America
8.8.1.2 Europe
8.8.1.3 Asia Pacific
8.8.1.4 Latin America
8.8.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Competitive Landscape
11.1 Market Structure
11.2 Company Profiles
11.2.1 Oracle Corporation
11.2.1.1 Company Overview
11.2.1.2 Product Portfolio
11.2.1.3 Demographic Reach and Achievements
11.2.1.4 Certifications
11.2.2 Cisco Systems, Inc.
11.2.2.1 Company Overview
11.2.2.2 Product Portfolio
11.2.2.3 Demographic Reach and Achievements
11.2.2.4 Certifications
11.2.3 Fujitsu Limited
11.2.3.1 Company Overview
11.2.3.2 Product Portfolio
11.2.3.3 Demographic Reach and Achievements
11.2.3.4 Certifications
11.2.4 Microsoft Corporation
11.2.4.1 Company Overview
11.2.4.2 Product Portfolio
11.2.4.3 Demographic Reach and Achievements
11.2.4.4 Certifications
11.2.5 SAP SE
11.2.5.1 Company Overview
11.2.5.2 Product Portfolio
11.2.5.3 Demographic Reach and Achievements
11.2.5.4 Certifications
11.2.6 Google
11.2.6.1 Company Overview
11.2.6.2 Product Portfolio
11.2.6.3 Demographic Reach and Achievements
11.2.6.4 Certifications
11.2.7 IBM Corporation
11.2.7.1 Company Overview
11.2.7.2 Product Portfolio
11.2.7.3 Demographic Reach and Achievements
11.2.7.4 Certifications
11.2.8 Others
12 Industry Events and Developments
List of Key Figures and Tables
1. Global Retail Cloud Market: Key Industry Highlights, 2017 and 2027
2. Global Retail Cloud Historical Market: Breakup by Model Type (USD Million), 2018-2022
3. Global Retail Cloud Market Forecast: Breakup by Model Type (USD Million), 2023-2028
4. Global Retail Cloud Historical Market: Breakup by Deployment (USD Million), 2018-2022
5. Global Retail Cloud Market Forecast: Breakup by Deployment (USD Million), 2023-2028
6. Global Retail Cloud Historical Market: Breakup by Organisation Size (USD Million), 2018-2022
7. Global Retail Cloud Market Forecast: Breakup by Organisation Size (USD Million), 2023-2028
8. Global Retail Cloud Historical Market: Breakup by Solution (USD Million), 2018-2022
9. Global Retail Cloud Market Forecast: Breakup by Solution (USD Million), 2023-2028
10. Global Retail Cloud Historical Market: Breakup by Region (USD Million), 2018-2022
11. Global Retail Cloud Market Forecast: Breakup by Region (USD Million), 2023-2028
12. North America Retail Cloud Historical Market: Breakup by Country (USD Million), 2018-2022
13. North America Retail Cloud Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Europe Retail Cloud Historical Market: Breakup by Country (USD Million), 2018-2022
15. Europe Retail Cloud Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Asia Pacific Retail Cloud Historical Market: Breakup by Country (USD Million), 2018-2022
17. Asia Pacific Retail Cloud Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Latin America Retail Cloud Historical Market: Breakup by Country (USD Million), 2018-2022
19. Latin America Retail Cloud Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Middle East and Africa Retail Cloud Historical Market: Breakup by Country (USD Million), 2018-2022
21. Middle East and Africa Retail Cloud Market Forecast: Breakup by Country (USD Million), 2023-2028
22. Global Retail Cloud Market Structure.
Key Questions Answered in the Report
The size of the market for retail cloud in 2022 was over USD 16.57 billion.
The market is assessed to grow at a CAGR of 16.80% between 2023 and 2028.
The major market drivers is the growing retail industry and surging focus on the omni-channel sales.
The key retail cloud market trends include the increasing adoption of innovative technologies including Artificial intelligence and IoT.
The various model types of retail cloud include Software as a Service (SaaS), Platform as a Service (PaaS), and Infrastructure as a Service (IaaS).
The various deployments of retail cloud include public cloud, private cloud, and hybrid cloud.
The different organisation sizes for retail cloud includes small and medium enterprise, and large enterprise.
The various retail cloud solutions include supply chain management, workforce management, customer management, reporting and analytics, data security, and omni-channel, among others.
The major players in the market are Oracle Corporation, Cisco Systems, Inc., Fujitsu Limited, Microsoft Corporation, SAP SE, Google, and IBM Corporation, among others.
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