San Francisco, California, March 16, 2018: The stringent work schedules and busy lifestyles of people have made store shopping experiences passé. People are now left with very little times for their shopping sprees, thus, bringing the market for advanced shopping options to the fore. A number of online retail options have surfaced in the past decade, and the masses have readily accepted these alternative forms of shopping. The traditional retail spaces are no more the most favored option for saving, and people prefer time-saving and tailored experiences. A report by TMR Research deals with the key aspects of the market for advanced shopping technologies. The report titled ‘Advanced Shopping Technology Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025’ presents a comprehensive overview of the drivers, restraints, and opportunities that are expected to surface in the market.
Technologies such as Internet of Things (IoT), big data, and cloud computing have enhanced the domain of online shopping. Global brands have now developed customized apps for smartphone users to shop online, thus, expanding the market for advanced shopping technologies. Customer Relationship Management (CRM) systems across several companies have been improved to understand the shopping patterns of the customers. This is followed by customer-centric adverts, and personal messages about the latest offerings, which further enhances the growth prospects of the market.
The global market for advanced shopping technologies can be regionally segmented into the following regions: North America, the Middle East and Africa (MEA), Europe, South America, and Asia Pacific (APAC). The mammoth technological advancements in North America and Europe have placed these regions at the top of the geographical chart for the market.
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Some of the key market players are Toshiba, Google, Amazon, Wal-Mart, and Procter and Gamble.