The Global Omni-channel Retail Solutions Market is Estimated to reach $13.5 Billion by 2028, at a CAGR of 13.4%

Published Date: 24-Nov-2022

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Omni-channel Retail Solutions Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Omni-channel Retail Solutions Market size is expected to reach $13.5 billion by 2028, rising at a market growth of 13.4% CAGR during the forecast period.

The Solution market is leading the Global Omni-channel Retail Solutions Market by Component in 2021; thereby, achieving a market value of $8.5 billion by 2028. The increasing growth of the segment is a result of the growing appeal of online shopping platforms and the substantial investments made by companies to enhance customer relationship management. Therefore, firms have begun leveraging e-commerce and a number of other distribution methods to reach potential clients.

The Online Home Delivery market is experiencing a CAGR of 13.6% during (2022 - 2028). Numerous companies are adopting the omni-channel approach and, as a result, improving their sales. Using in-store mapping technology, customers are able to utilize their smartphones to spot and identify a product in a store. In addition, users can scan barcodes in-store to have access to online customer reviews and discounts, as well as order an out-of-stock item in their size.

The Apparel & Footwear market is acquiring high market share in the Global Omni-channel Retail Solutions Market by End-Use in 2021; thereby, achieving a market value of $3.9 billion by 2028. Increasing demand for luxury apparel and footwear from the younger demographic is one of the key factors impacting the segment's rise. In addition, the new generation is tech-savvy and values the convenience of shopping for garments and footwear via several channels, which is anticipated to further push the segment's growth.

The Cloud market is anticipated to witness the CAGR of 15.3% during (2022 - 2028). Businesses all over the world favor cloud-based omni-channel retail solutions as a result of the scalability of cloud-based solutions. In addition, cloud-based systems can provide comprehensive client information. In 2020, for instance, Open bravo, a supplier of cloud-based omni-channel solutions for agile and creative commerce, announced the debut of OMS, an omni-channel order management system.

The North America market dominated the Global Omni-channel Retail Solutions Market by Region in 2021; thereby, achieving a market value of $4.5 million by 2028. The Europe market is poised to grow at a CAGR of 12.7% during (2022 - 2028). Additionally, The Asia Pacific market would witness a CAGR of 14.4% during (2022 - 2028).

Full Report:

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of NCR Corporation, Diebold Nixdorf, Inc., Infosys Limited, Toshiba Corporation, Oracle Corporation, SAP SE, IBM Corporation, Cognizant Technology Solutions Corporation,, Inc. and Infor, Inc. (Koch Industries).

Global Omni-channel Retail Solutions Market Segmentation

By Component

  • Solution
    • Order Management
    • Warehouse/Inventory Management
    • CRM
    • Point of Sale
    • Promotion Planning
    • Analytics
    • Others
  • Service

By Channel

  • In-store Shopping
  • Online Home Delivery
  • In-store Pickup
  • Others

By End-Use

  • Apparel & Footwear
  • FMCG
  • Consumer Electronics
  • Hospitality
  • Others

By Deployment

  • On-premise
  • Cloud

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • NCR Corporation
  • Diebold Nixdorf, Inc.
  • Infosys Limited
  • Toshiba Corporation
  • Oracle Corporation
  • SAP SE
  • IBM Corporation
  • Cognizant Technology Solutions Corporation
  • com, Inc.
  • Infor, Inc. (Koch Industries)

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Related Reports:

North America Omni-channel Retail Solutions Market size & Opportunities 2022-2028

Europe Omni-channel Retail Solutions Market & Growth Forecast 2022-2028

Asia Pacific Omni-channel Retail Solutions Market Share & Industry Outlook to 2028

LAMEA Omni-channel Retail Solutions Market Growth, Trends & Forecasts 2022-2028

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