IoT in Retail Market Size, Share & Industry Analysis, By Component (Hardware, Platform, and Services), By Application (Operations Management, Customer Experience Optimization, Asset Management, and Advertising & Marketing), By Deployment Mode (On-premises and Cloud), By Retail Format (Brick-and-Mortar Stores and E-commerce), and Regional Forecast, 2025-2032

Last Updated: November 17, 2025 | Format: PDF | Report ID: FBI109269

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ATTRIBUTE	DETAILS
Study Period	2019 - 2032
Base Year	2024
Estimated Year	2025
Forecast Period	2025 – 2032
Historical Period	2019 - 2023
Growth Rate	CAGR of 25.9% from 2025 to 2032
Unit	Value (USD billion)
Segmentation	By Component Hardware RFID Sensors Beacon Others (Cameras, Wearables, and Gateway) Platform Connectivity Management Platforms Device Management Platforms Others (Cloud Platforms and Advanced Analytics Platforms) Services Professional Services Managed Services By Application Operations Management Customer Experience Optimization Asset Management Advertising & Marketing By Deployment Mode On-premises Cloud By Retail Format Brick-and-Mortar Stores E-commerce By Region North America U.S. Canada Mexico South America Brazil Argentina Rest of South America Europe U.K. Germany France Italy Spain Russia Benelux Nordics Rest of Europe Middle East & Africa Turkey Israel GCC North Africa South Africa Rest of Middle East & Africa Asia Pacific China India Japan South Korea ASEAN Oceania Rest of Asia Pacific