The Operation Support System Coupled with Strategic Decision Support System, and CRM System to Drive the IT Market Potential for Retail in India over the Forecast Period: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Retail industry in India is undoubtingly to be a one of the best growing retail industries globally. With the mounting globalization of retailing, both in terms of their points of supply and points of sale the information technology (IT) spend in this sector have increased extensively. Information technologies in retail endeavor not only to boost the effectiveness of retail establishments in various areas of their operations, but also to get better customer service owing to the automation & customizations. IT industry plays an increasingly vital role in the organization of complex retail operations. Some of the associated benefits include improve accuracy of demand forecasts & production plans, advertising & promotions, data processing & analysis, supply chain improvement, efficiency across business functions, customer experience & loyalty and the multi- channel retailing etc. According to study, “IT Market Potential for Retail in India, By [Applications (In-store Management, Customer Centric Management, Headquarter Management, Supply Chain Solution Management), Technology Types (Hardware, Software, Services), Verticals, Regions (Metros, Mini Metro, Tier I, Tier II & Below) ] – Trends & Forecast: 2015-2020” some of the factors c currently operating in the IT market potential for retail in India are Oracle Corp., Cisco Systems Inc., Wep Peripheral, Tata Consulting Services, RanceLab, International Business Machines Corp (IBM), Infosys Ltd., RetailCore, Cognizant, Wipro. Lt, SAP. Based on the application, IT market potential for retail in India is segmented into In-store management, headquarter management, customer centric management and supply chain solution management. In-store management includes inventory, loyalty, Point of Sale (POS), store integration framework and Customer Relationship Management (CRM). Headquarter management includes financial, HR & payroll, advertisement management, master data management, asset management and web enabling & ecommerce. The customer centric management includes marketing management, customer promotions, merchandise management and space management. The supply chain solutions management includes transportation management, order management, procurement management, warehouse management and product life cycle management. Based on the technology types, market is segmented as software types, hardware types and services types. The technologies used may be the smart operating system, Enterprise Resource Planning (ERP) and Radio Frequency Identification (RFID). ERP helps in integrating all departments & functions within the businesses in a single computer system that provides the specific requirements from the different departments. RFID is used for the check-out process, smart labeling and overhead reduction. Based on the region, the market is segmented into mini metro, metros, tier I, tier II & below. The IT market potential for retail in India is primarily driven by operation support system followed by strategic decision support system, CRM systems and visual merchandising. Apart from the major profits, some of the hindering factors include intellectual property rights, followed by international trade law, data protection and telecom & information technology laws. In addition, some of the opportunities driving the market growth include Omni channel retailing, quick response codes and voice hardware for warehouse. However, few of the challenges such as transparency & tracking includes Payment Card Industry (PCI) security compliance, global data synchronization and customer data etc. The Indian IT market potential for retail is expected to reach at US $81.2 billion, by 2020, at a CAGR of 16.7%. For more information, click on the link below: IT Market Potential for Retail in India Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications sales@kenresearch.com +91 9015378249 Post Views: 4 Tags: Allegro development corporation Retail Market, Asia-Pacific Retail Market, Eka Software Solutions Retail Market, India Retail Industry Challenges, India Retail Industry Growth, India Retail Industry Outlook, India Retail Industry Overview, India Retail Industry Research Report, India Retail Industry Trends, India Retail Market, India Retail Market Applications, India Retail Market Business Strategy, India Retail Market Competitive Landscape, India Retail Market Drivers, India Retail Market Dynamics, India Retail Market Opportunities, India Retail Market Organic Growth Opportunities, India Retail Market Research Report, India Retail Market Restraints, India Retail Market Segmentation, India Retail Market SWOT Analysis, IT Market Potential for Retail in India, Latin America Retail Market, North America Retail Market, OpenLink Financial LLC Retail Market, Retail Industry in India, SunGard Financial Systems Retail Market, Triple Point Technology Retail Market, Western Europe Retail Market