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Global connected retail market to reach $82.31bn in 2025 DUBAI, 4 hours, 41 minutes ago The value of the global connected retail market is estimated to reach $82.31 billion by the end of 2025, according to a report by Transparency Market Research (TMR).   Nearly 150 million people shopped online for the first time in the pandemic, and the number of ecommerce buyers will only continue to rise, according to a report by Shopify.   The various e-commerce and virtual retail stores that cater to different product segments, will eventually merge into larger connected virtual hypermarkets or digital marketplace eco-systems, experts at a virtual retail conference, said.   The value of the global connected retail market was $16.3 billion in 2016 and $19.46 billion in 2017. But future growth is very promising with the value of the market estimated to reach $82.31 billion by the end of 2025. 

United arab emiratesPiyush kumar chowhanMiroslav kafedzhievShruthi nairAshish panjabiSayed habibPhilip smithPhillip smithLulu group internationalGroup head of digitalKamal osman jamjoom groupJacky retailProductivity solutionsTransparency market researchTradearabia news serviceBusiness development