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IoT in Retail Market Size, Share & Industry Analysis, By Component (Hardware, Platform, and Services), By Application (Operations Management, Customer Experience Optimization, Asset Management, and Advertising & Marketing), By Deployment Mode (On-premises and Cloud), By Retail Format (Brick-and-Mortar Stores and E-commerce), and Regional Forecast, 2026-2034

Last Updated: January 19, 2026 | Format: PDF | Report ID: FBI109269

 


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ATTRIBUTE

DETAILS

Study Period

2021 - 2034

Base Year

2025

Estimated Year

2026

Forecast Period

2026 – 2034

Historical Period

2021 - 2024

Growth Rate

CAGR of 23.99% from 2026 to 2034

Unit

Value (USD billion)

Segmentation

 By Component

  • Hardware
    • RFID
    • Sensors
    • Beacon
    • Others (Cameras, Wearables, and Gateway)
  • Platform
    • Connectivity Management Platforms
    • Device Management Platforms
    • Others (Cloud Platforms and Advanced Analytics Platforms)
  • Services
    • Professional Services
    • Managed Services

By Application

  • Operations Management
  • Customer Experience Optimization
  • Asset Management
  • Advertising & Marketing

By Deployment Mode

  • On-premises
  • Cloud

By Retail Format

  • Brick-and-Mortar Stores
  • E-commerce

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Europe
    • U.K.
    • Germany
    • France
    • Italy
    • Spain
    • Russia
    • Benelux
    • Nordics
    • Rest of Europe
  • Middle East & Africa
    • Turkey
    • Israel
    • GCC
    • North Africa
    • South Africa
    • Rest of Middle East & Africa
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • ASEAN
    • Oceania
    • Rest of Asia Pacific
  • 2021-2034
  • 2025
  • 2021-2024
  • 160
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