Retail Industry Stats
From 2020 to 2025, the global retail market is expected to grow to $29,446.2 billion representing 7.7% CAGR. At a CAGR of 6.3%, the global retail market is expected to reach $39,933.3 billion in 2030.
The chained retail market will gain $8,624.7 billion in global annual sales by 2025, creating the most opportunities in the retail market segmented by ownership. The retail market in the United States is expected grow the most, reaching $1,858.5 billion.
A Note To The Retail Industry
An experience that has been fulfilling civilized society since the Bronze age is Retail. The need in people for buying necessities as well as luxury is innate and needs constant up-gradation from time to time. Looking at the current development in the Retail Industry with the intervention of technology, we can predict that a retail revolution is on the way. Ajackus has been ready to partake in it since its inception and help businesses realize its complete retail potential.
In the past, Ajackus has helped companies like Smeltt put their product online and reach a wider customer base without setting up shops. However, we have more to offer to retail than just website and application development. We aim to bring technologies like artificial intelligence, IoT, AR/VR into retail and automate processes like payments, checkouts, product browsing, product research, security, and more into retail shops.
It is evident that the fate of the retail industry is brighter with technology and Ajackus can be your technology partner in making your business ready for that fate.
To reach your customer base better and wider with technology, give us a chance and we will serve you better than the best.
Team Ajackus.
Contact us
We are available in 5 cities and also on the world wide web making us reachable to anyone on the planet with an internet connection.