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Furthermore, IoT devices can also prevent theft or loss by tracking store assets and inventory. This technology also enables retailers to quickly locate lost or stolen items with GPS tracking — making it easy to recover their merchandise. For instance, in March 2022, HLDS launched HL-DP, IoT operating platform, for smart retail using sensor solutions, which implement a cashier-less store where users can shop, select products, and pay for them with only their facial recognition and without a wallet or smartphone payment function.
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- Market Coverage
- Market number available for – 2025-2031
- Base year- 2025
- Forecast period- 2025-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Smart Retail Market Report Segment
By Solution
- Hardware
- Software
By Retail Offering
- Fast Moving Consumer Goods
- Hardlines & Leisure goods
By Application
- Visual Marketing
- Smart Label
- Smart Payment System
- Intelligent Systems
- Others (Robotics, Analytics)
Global Smart Retail Market Report Segment by Region
North America
- United States
- copyright
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global smart retail market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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