| Internet retailing market in Asia Pacific is expected to double by 2015 |
| TechNavio Special Coverage | September, 2010 |
| The Retail industry in Asia Pacific has undergone many changes in the last five years. There has been a lot of technology advancement and expansion in the IT market in this region. Through the adoption of IT, there has been standardization of activities, provision of better services, and incorporation of data management among the retail organizations. The retailers in Asia Pacific are increasingly implementing IT solutions such as ERP (Enterprise Resource Planning), SCM (Supply Chain Management), CRM (Customer Relationship Management), POS terminals, security solutions, etc. In addition, the retailers are implementing integrated IT solutions to gain real- time & instant data access, among other advantages. |
| The major retail markets in Asia Pacific are China, India, and Japan, which contribute approximately 80% of its sales value. Further, this industry is likely to grow with a double digit growth rate in the next five years. Moreover, the many advantages (such as increasing efficiency, productivity gains, control over operations, etc.) that retailers get with their IT solution implementation are driving the demand of IT solutions in the Retail industry. Apart from this, the retailers in this region are exploring new solutions based on Green technology. Read full article |
| APAC Retail Industry - IT Spending |
Global Data Capture Hardware Market in the Retail Industry (Market Segmentation by Technology – 2009)
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| Source: TechNavio Retail Technology Survey |
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TechNavio has initiated an in-depth coverage of the Retail Technology market in 2010. TechNavio Insights’ reports help you gain a competitive advantage, forecast the market size, segment the market, and identify market trends, key drivers, challenges in the markets, sales opportunities, new verticals, Vendors (Datalogic S.p.A., Brocade, Psion Teklogix, Inc., Ryzex, Zebra Technologies) etc. TechNavio covers the following retail technology segments:
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Business Intelligence |
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CRM and SCM Software |
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Server Hardware |
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Security Software |
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Point of Sale Technology |
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Digital Asset Management |
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Merchandise Optimization Software |
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Warehouse Management Systems |
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