USD
GBP
CNY
EUR
INR
JPY
MYR
ZAR
KRW
THB
Growth Opportunities in Retail 2.0
Growth Opportunities in Retail 2.0
Key Retail Transformations Enabling Growth and Innovation to 2030
17-Nov-2021
Description
Retail is undergoing a major transformation as trends converge to create new opportunities for the industry. Specifically, the rise of gen Y and gen Z, the digitization of retail, and the upcoming post-COVID-19 economy will compel retailers to rethink their strategies and embrace a more omnichannel and frictionless retail model.
Consumers’ rapid adoption of technology has completely changed shopping behavior, from high street brick-and-mortar shoppers to mobile-first social media shoppers. This fundamental shift in consumer behavior has compelled retailers to evolve more aggressively from physical to digital channels, thereby accelerating the advent of new business models.
Frost & Sullivan expects retail to continue down this evolutionary path, incorporating emerging bricks-and-clicks business models such as pop-up stores, virtual stores, interactive kiosks, and online hypermarkets. Retail will become completely self-service-based, frictionless, and omnipresent as companies introduce more digital touch points to consumers. Technology will support customers during the entire shopping process: making a purchase decision (advanced customer analytics), finding the right store (location intelligence), experiencing the products (digital reality), and paying for chosen items (e.g., mPayments, NFC, digital wallets).
This study explores Retail 2.0 for the period 2020 to 2030, offering insights into market measurements, drivers and restraints, major transformation shifts, business model evolution, and critical growth opportunities.
RESEARCH: INFOGRAPHIC
This infographic presents a brief overview of the research, and highlights the key topics discussed in it.Click image to view it in full size
Table of Contents
Why Is Growth Becoming Increasingly Difficult to Achieve?
The Strategic Imperative 8™
Our Mega Trend Universe—Overview
Growth Opportunities Fuel the Growth Pipeline Engine™
Key Findings
Key Findings (continued)
Key Findings (continued)
Critical Growth Opportunities
Online Retail Market by Key Countries—B2C
Online Retail Market by Key Countries—B2B
B2C ecommerce Products
Online Retail Market by Products—B2B
Key Shifts in Retail
Retail 2.0—Key Trend Levers
Retail 2.0—Key Trend Levers (continued)
Retail 2.0—Key Transformational Shifts
Bricks and Clicks—New Store Formats Emerge
Bricks and Clicks—Future Store Experience
Bricks and Clicks—Pop-ups Redefine Small Box
Cross-border Retail—Next Wave of Opportunity in eCommerce
Cross-border Retail—Distributors Evolve to Digital Marketplaces
Changing Customer Expectations—Generational Influence
Changing Customer Expectations—Generational Influence (Continued)
Changing Customer Expectations—Gender Influence
New Technology—AR/VR
New Technology—Voice Commerce
Retail Supply Chain Innovation—New Retail Fulfillment Models
Retail Supply Chain Innovation—New Retail Fulfillment Models (continued)
The Rise of Customer-centric Competitors in Retail
Emerging Customer Journey
Personalization—One Size No Longer Fits All
Online Wholesaling—From b2b to b2b2c
Online Wholesaling—From b2b to b2b2c (continued)
D2C—Compressing Value Chains
Social Commerce—New Digital Portal
Growth Opportunity 1—Simplification of eCommerce Services
Growth Opportunity 1Simplification of eCommerce Services (continued)
Growth Opportunity 2—Ambient Commerce
Growth Opportunity 2Ambient Commerce (continued)
Growth Opportunity 3—Cybersecurity for Retail
Growth Opportunity 3Cybersecurity for Retail (continued)
Critical Success Factors for Growth
The Last Word
Identifying Your Company’s Growth Zone
Your Next Steps
List of Exhibits
List of Exhibits (continued)
Legal Disclaimer
Our Mega Trend Universe
Our Mega Trend Universe (continued)
Popular Topics
| No Index | No |
|---|---|
| Podcast | No |
| Author | Archana Devi Vidyasekar |
| Industries | Cross Industries |
| WIP Number | K686-01-00-00-00 |
| Keyword 1 | Growth Opportunities in Retail 2.0 |
| Keyword 2 | Global Retail 2.0 Market |
| Keyword 3 | Retail Industry Market |
| Is Prebook | No |
| GPS Codes | 9A3B |