South America Retail Execution Software Market
No. of Pages: 83 | Report Code: TIPRE00020994 | Category: Technology, Media and Telecommunications
No. of Pages: 83 | Report Code: TIPRE00020994 | Category: Technology, Media and Telecommunications
Historically, SAM has been one of the world's most economically diverse continents. Wealthier nations such as Uruguay and Chile have a per capita GDP comparable with a few of the mid-ranked EU countries. Colombia and Brazil are rapidly evolving into a digital economy, while Chile has been ranked among the top countries embracing digitization and innovation and is considered a “standout” country. This digital transformation would provide new opportunities for the software retail execution market companies in the region. In SAM, retail and e-commerce industries are rising at a rapid pace. As per the Global System for Mobile Communications (GSMA) predictions, Latin America would have 450 million mobile internet subscriptions by 2020, reaching 100% adult penetration. Brazil (ranked #2) and Argentina (ranked #8) are among the top 10 countries in terms of the total hours spent on the internet; they are among the world leaders in terms of social media usage.
In the SAM, Brazil has the highest number of COVID-19 confirmed cases, followed by other countries such as Ecuador, Peru, Chile, and Argentina. The governments of various countries in SAM are taking several initiatives to protect people and to control COVID-19’s spread in the region through lockdowns, trade bans, and travel restrictions. These measures are expected to have a direct impact on the region’s economic growth as the region will face lower export revenues, both from the drop in commodity prices and reduction in export volumes, especially to major trading partners such as China, Europe, and North America. The sharp decline in the sales of the e-commerce industry in the region due to lockdown measures is expected to directly impact the growth of the retail execution software market in this region. In addition to this, the online, as well as retail distribution channels, will also face a negative impact due to supply chain disruptions. The sharp decline in business activities and product sales are expected to directly affect the growth rate of the retail execution software market in this region for the next three to four quarters.
Strategic insights for the South America Retail Execution Software provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 19.45 Million |
| Market Size by 2027 | US$ 34.30 Million |
| Global CAGR (2020 - 2027) | 9.2% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Enterprise Size
|
| Regions and Countries Covered | South and Central America
|
| Market leaders and key company profiles |
The geographic scope of the South America Retail Execution Software refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The retail execution software market in SAM is expected to grow from US$ 19.45 million in 2019 to US$ 34.30 million by 2027; it is estimated to grow at a CAGR of 9.2% from 2020 to 2027. Big data analytics technology has a huge potential to transform the retail execution completely. With the adoption of big data solutions in the overall retail industry, the efficiency of distribution and production networks can be improved. With the real-time insights, customers can track their purchase orders on their devices and check the status. The integration of analytics dashboard in the retail execution software helps in tracking and evaluating the performance of retail execution agents. Further, the retail and e-commerce industry across all the regions has witnessed numerous transformations from the past few years.
The SAM retail execution software market has been segmented into enterprise size and application. Based on enterprise size, the SAM retail execution software market is segmented into SMEs and large enterprises. Large enterprises segment held the largest market share in 2019. Based on application, the SAM retail execution software market is segmented into retail operations, field service management, mobile forms automation, field sales, trade promotion management, and employee engagement, and others. Retail operations segment held the largest market share in 2019.
A few major primary and secondary sources referred to for preparing this report on the retail execution software market in SAM are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are POPProbe
The South America Retail Execution Software Market is valued at US$ 19.45 Million in 2019, it is projected to reach US$ 34.30 Million by 2027.
As per our report South America Retail Execution Software Market, the market size is valued at US$ 19.45 Million in 2019, projecting it to reach US$ 34.30 Million by 2027. This translates to a CAGR of approximately 9.2% during the forecast period.
The South America Retail Execution Software Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South America Retail Execution Software Market report:
The South America Retail Execution Software Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The South America Retail Execution Software Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the South America Retail Execution Software Market value chain can benefit from the information contained in a comprehensive market report.
Office No. 1011, First floor, Farena Corporate Park, Magarpatta-Mundhwa road, Pune - 411028, Maharashtra, India
US:+16467917070
sales@businessmarketinsights.com
Get Free Sample For South America Retail Execution Software Market
