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(MENAFN - GetNews) According to the report published by Grand View Research, Inc., factors such as increasing penetration of e-commerce platforms, growing adoption of smartphones and connected devices and proliferation of sensor devices all around are some of major reasons expected to drive the market growth in the forecast period.
According to a report,
Internet of Things in Retail Market Size, Share & Trends Analysis Report By Solution, By Hardware (Beacons, RFID Tags, Sensors, Wearables), By Service, By Technology, And Segment Forecasts, 2018 - 2025, published by Grand View Research, Inc. The global internet of things in retail market size is expected to reach USD 94.44 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a 21.5% CAGR during the forecast period. Increasing demand for improved flexibility, multiple distribution channels, better service, and enhanced experience are expected to provide impetus to industry growth over ....

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