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Global connected retail market to reach $82.31bn in 2025

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 Emirates , Piyush Kumar Chowhan , Miroslav Kafedzhiev , Shruthi Nair , Ashish Panjabi , Sayed Habib , Philip Smith , Phillip Smith , Lulu Group International , Group Head Of Digital , Kamal Osman Jamjoom Group , Jacky Retail , Productivity Solutions , Transparency Market Research , Tradearabia News Service , Business Development , Connected Store , Vice President , General Manager , Honeywell Safety , Group Head , Executive Editor , Kumar Chowhan , Artificial Intelligence , Danube Home , Digital Kamal Osman Jamjoon Group ,

Connected retail market to hit $82.31b in 2025

During the forecast period of 2017 to 2025, the demand in the global connected retail market is projected to increase at an impressive compound annual g. ....

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Connected retail market to hit $82.31b in 2025

Connected retail market to hit $82.31b in 2025
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CDK Global Inc (CDK) Q2 2021 Earnings Call Transcript

Operator
Ladies and gentlemen, thank you for standing by and welcome to the Q2 2021 CDK Global, Inc. Earnings Conference Call. [Operator Instructions]
I d now like to hand the conference over to your speaker today Julie Schlueter, Director of Investor Relations. Please go ahead.
Julie Schlueter
Director, Investor Relations
Thank you and good afternoon. I d like to welcome you to our second quarter fiscal 21 Earnings Call. Joining me on today s call are CEO Brian Krzanich; Chief Operating Officer, Joe Tautges; and our new CFO, Eric Guerin. Following their prepared remarks, we ll be taking questions. Our earnings press release was issued after the close of the market today and is posted on our Investor Relations website at investors.cdkglobal.com where this call is being simultaneously webcast. In addition, our website also includes an updated Excel schedule of supplemental financial information and a copy of our results presentation that we will be referenci ....

United States , Ian Zaffino Oppenheimer , Josh Baer Morgan Stanley , Charles Nabhan , Rayna Kumar , Eric Guerin , Brian Krzanich , Gary Prestopino , Julie Schlueter , Ian Zaffino , Joe Tautges , Erik Guerin , Josh Baer , Rayna Kumar Evercore , Morgan Stanley , Global Inc , Gary Prestopino Barrington Research Analyst , Barrington Research , Cdk Global Inc , Wells Fargo , Earnings Conference , Chief Operating Officer , Investor Relations , Net Promoter Score , Square Root , Repair Order ,