Scope of the Study
IoT technology in eCommerce offers the retailers the benefit of tracking customer orders from the moment they're placed to the time when they are delivered. Retailers can also track the inventory through management systems so that they automatically locate the goods regardless of where they are. Moreover, IoT is an ecosystem of smart devices that have access to the internet and can communicate with each other. The technology changes the eCommerce industry not only from the consumers’ side but also from the inner one. These changes to the e-commerce industry are both positive and negative.
The market study is being classified, by Application (Digital Signage, Supply Chain Management, Payment and Smart Shelf & Doors) and major geographies with country level break-up.
Accenture PLC (Ireland), Amazon.com Inc. (United States), Bosch Software Innovations GmbH (Germany), Cisco Systems Inc. (United States), Dell Inc. (United States), Hewlett Packard Enterprise (United States), Hitachi Ltd. (Japan), Honeywell International Inc. (United States), Huawei Technologies Co. Ltd. (China), IBM Corporation (United States), Intel Corporation (United States), Microsoft Corporation (United States), NEC Corporation (Japan), NXP Semiconductors (Netherlands) and Oracle Corporation (United States) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global IOT in E-Commerce market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global IOT in E-Commerce market by Type, Application and Region.
On the basis of geography, the market of IOT in E-Commerce has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Adoption of Automation and Digitisation in e commerce
- Implementation of AR, VR and Data Analytics Tools
- Increasing Usage of eCommerce Platforms Across the Globe
- High Costs Associated with the Automation of Activities
- Technological Advancements in Platforms, Devices and Professional Services
- Increasing Usage of Smartphones and Internet Connectivity
- High Data Security Concerns
Market Leaders and their expansionary development strategies
On April 2020, Accenture has acquired NIKE group which is a consulting firm and provides regulatory technology services and solutions to financial services firms.
Key Target AudienceDevice Manufacturers, Raw material suppliers, Government associations, Research organisations, software vendors and Others
Customization in the Report Available:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase