ICT in the Retail Sector: Market Opportunity Forecasts to 2030
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This model provides historical data and forecasts for ICT products and services in the Retail Sector
The global retail sector ICT market was valued at US$ 349.66 billion in 2025 and will grow at a compounded annual growth rate (CAGR) of 13.57% to reach US$ 660.58 billion by 2030. The cumulative revenue generation for ICT in the retail sector is estimated at US$ 2,878.86 billion for 2025-2030. The North America region dominated the retail ICT market with a revenue share of 34.7% in 2025. Undoubtedly, US was the major contributor to the retail sector ICT market growth in this region.
Scope
This product provides revenue opportunity forecasts for ICT products and services in the Retail sector from 2021 to 2030, spanning 18 IT Solutions, 128 Products/Services, 6 regions, and 59 geographies. The details of the IT solutions and the corresponding Products/Services has been provided.
Key Highlights
- The global ICT in the Retail sector market is expected to grow at a CAGR of 44% during the forecast period.
- The sector’s top three product/service categories – SaaS, Systems Design and Integration, and IoT Hardware.
- North America is expected to be the highest regional contributor with a market share of 1%, in the global ICT market in the Retail sector, during the forecast period. Asia-Pacific and Western Europe will follow with market shares of 32.8% and 15.9%, respectively. The Middle East Africa, Central and Eastern Europe, and South and Central America together are expected to account for the remaining market share of 16.2%.
- SaaS is expected to be the leading product/service segment of the ICT in the Retail sector market during the forecast period.
Reasons to Buy
Access the current state and 5-year growth of ICT in the Retail sector, along with historical trends, to identify fastest-growing products/services, most lucrative IT solutions, key geographies, and forward-looking enterprise investment strategies for profitable opportunities.
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