Retail Marketplace Trends for 2019
The retail marketplace is highly competitive, but has a positive outlook with growth expected between 3.2-3.8% in the coming year. Meanwhile, online sales continue to grow as a proportion of the industry with 24% year over year growth in 2017.
Three major trends on the horizon that may disrupt the retail industry further:
- The “Internet of Things” – the trend for adding sensors to devices and connecting them to computer networks will continue to expand.
- “Personal assistants” like Amazon’s Alexa will grow more mature and provide a new interface for shopping as well as new insights into consumer behavior.
- 3D printers and scanners will transform retail, challenging traditional manufacturing methods.
This ebook takes you through the retail landscape for 2018 and gives you the rundown on what technologies are changing the way customers shop – and buy.