Retail space is one of the first area to have started implementing BLE based proximity marketing and wayfinding applications. Retailing has tremendous scope of improving the efficiency of its supply chain, inventory, and marketing using the newer IoT based solutions.
The global IoT in Retail Market size to grow from USD 14.5 billion in 2020 to USD 35.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 19.6% during the forecast period.
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