iOT in Retail - 5 Impactful Opportunity Areas for High Street Retailers
Rise of IOT in Retail
Retail eCommerce sales are predicted to increase to $2.489 trillion or 8.8%
of sales by 2018.
Web sales accounted for 5.9% of the retail sales growth.
96% of retail decision makers are ready to make changes required to adopt
67% percent of respondents already have implemented IoT
26% percent of retailers are planning to deploy IOT within a year.
Big Beneﬁts for Retailers
Internal Departments That Can
Beneﬁt Most From IoT
Customer service and support
Customer engagement in their home
Customer engagement in stores
Transportation and logistics
Maintenance and repair operations