What is the market size for the ?

. <a href='https://www.technavio.com/report/global-it-spending-region-and-industry-retail-it-spending-market'>Read More</a>

What is the CAGR for the ?

. <a href='https://www.technavio.com/report/global-it-spending-region-and-industry-retail-it-spending-market'>Read More</a>

What is the growth rate of the market?

. <a href='https://www.technavio.com/report/global-it-spending-region-and-industry-retail-it-spending-market'>Read More</a>

Which region held the largest market share in the market?

. <a href='https://www.technavio.com/report/global-it-spending-region-and-industry-retail-it-spending-market'>Read More</a>

Who are the prominent players in the market?

. <a href='https://www.technavio.com/report/global-it-spending-region-and-industry-retail-it-spending-market'>Read More</a>

Global Retail IT Spending Market 2016-2020

Q: What is the market size for the ?

. <a href='https://www.technavio.com/report/global-it-spending-region-and-industry-retail-it-spending-market'>Read More</a>

Q: What is the CAGR for the ?

. <a href='https://www.technavio.com/report/global-it-spending-region-and-industry-retail-it-spending-market'>Read More</a>

Q: What is the growth rate of the market?

. <a href='https://www.technavio.com/report/global-it-spending-region-and-industry-retail-it-spending-market'>Read More</a>

Q: Which region held the largest market share in the market?

. <a href='https://www.technavio.com/report/global-it-spending-region-and-industry-retail-it-spending-market'>Read More</a>

Q: Who are the prominent players in the market?

. <a href='https://www.technavio.com/report/global-it-spending-region-and-industry-retail-it-spending-market'>Read More</a>

Published: Dec 2015
Pages: 70
SKU: IRTNTR8151

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Market outlook of the retail IT spending market

The global retail IT spending market is expected to grow steadily and record a CAGR of close to 4% during the forecast period. The increased need to find customer insights from a large pool of structured and unstructured data is a major driver for investment by retailers on big data analytics technology.

The IT spending on retail industry research report also covers the role of SMAC technology in shaping the growth of the market. Retailers focus on right product assortment for the right stores, depending on the store's attributes, local customer demand, and product preference. Technavio expects analytics platforms to quickly gain popularity among CMOs as a secure and easy to use option. With this, IT spending in retail is expected to significantly improve customer satisfaction in the upcoming four years.