| Product Code: ETC5533458 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Despite the high concentration of import shipments in Burkina Faso`s retail sector in 2024, the Internet of Things (IoT) technology is driving efficiency and innovation in supply chain management. With top exporters like China, USA, and France leading the way, the industry is experiencing a steady CAGR of 5.01%. However, the negative growth rate of -17.76% in 2024 signals a potential shift or disruption in the market dynamics that stakeholders should closely monitor and adapt to for sustained success.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Burkina Faso Internet of Things (IoT) in Retail Market Overview |
3.1 Burkina Faso Country Macro Economic Indicators |
3.2 Burkina Faso Internet of Things (IoT) in Retail Market Revenues & Volume, 2021 & 2031F |
3.3 Burkina Faso Internet of Things (IoT) in Retail Market - Industry Life Cycle |
3.4 Burkina Faso Internet of Things (IoT) in Retail Market - Porter's Five Forces |
3.5 Burkina Faso Internet of Things (IoT) in Retail Market Revenues & Volume Share, By Offering, 2021 & 2031F |
3.6 Burkina Faso Internet of Things (IoT) in Retail Market Revenues & Volume Share, By Hardware, 2021 & 2031F |
3.7 Burkina Faso Internet of Things (IoT) in Retail Market Revenues & Volume Share, By Platforms, 2021 & 2031F |
3.8 Burkina Faso Internet of Things (IoT) in Retail Market Revenues & Volume Share, By Service, 2021 & 2031F |
4 Burkina Faso Internet of Things (IoT) in Retail Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing internet penetration and smartphone usage in Burkina Faso |
4.2.2 Growing demand for data-driven decision-making and operational efficiency in the retail sector |
4.2.3 Government initiatives to promote digital transformation and technology adoption in Burkina Faso |
4.3 Market Restraints |
4.3.1 Limited infrastructure and connectivity challenges in some regions of Burkina Faso |
4.3.2 Lack of skilled workforce and expertise in IoT implementation in the retail sector |
4.3.3 Concerns regarding data security and privacy in IoT devices and systems |
5 Burkina Faso Internet of Things (IoT) in Retail Market Trends |
6 Burkina Faso Internet of Things (IoT) in Retail Market Segmentations |
6.1 Burkina Faso Internet of Things (IoT) in Retail Market, By Offering |
6.1.1 Overview and Analysis |
6.1.2 Burkina Faso Internet of Things (IoT) in Retail Market Revenues & Volume, By Hardware, 2021-2031F |
6.1.3 Burkina Faso Internet of Things (IoT) in Retail Market Revenues & Volume, By Platforms, 2021-2031F |
6.1.4 Burkina Faso Internet of Things (IoT) in Retail Market Revenues & Volume, By Service, 2021-2031F |
6.1.5 Burkina Faso Internet of Things (IoT) in Retail Market Revenues & Volume, By Applications, 2021-2031F |
6.2 Burkina Faso Internet of Things (IoT) in Retail Market, By Hardware |
6.2.1 Overview and Analysis |
6.2.2 Burkina Faso Internet of Things (IoT) in Retail Market Revenues & Volume, By Beacon, 2021-2031F |
6.2.3 Burkina Faso Internet of Things (IoT) in Retail Market Revenues & Volume, By Sensors, 2021-2031F |
6.2.4 Burkina Faso Internet of Things (IoT) in Retail Market Revenues & Volume, By Gateway, 2021-2031F |
6.2.5 Burkina Faso Internet of Things (IoT) in Retail Market Revenues & Volume, By Radio-frequency Identification (RFID), 2021-2031F |
6.3 Burkina Faso Internet of Things (IoT) in Retail Market, By Platforms |
6.3.1 Overview and Analysis |
6.3.2 Burkina Faso Internet of Things (IoT) in Retail Market Revenues & Volume, By Device Management, 2021-2031F |
6.3.3 Burkina Faso Internet of Things (IoT) in Retail Market Revenues & Volume, By Application Management, 2021-2031F |
6.3.4 Burkina Faso Internet of Things (IoT) in Retail Market Revenues & Volume, By Connectivity Management, 2021-2031F |
6.4 Burkina Faso Internet of Things (IoT) in Retail Market, By Service |
6.4.1 Overview and Analysis |
6.4.2 Burkina Faso Internet of Things (IoT) in Retail Market Revenues & Volume, By Professional Services, 2021-2031F |
6.4.3 Burkina Faso Internet of Things (IoT) in Retail Market Revenues & Volume, By Consulting, 2021-2031F |
6.4.4 Burkina Faso Internet of Things (IoT) in Retail Market Revenues & Volume, By System Integration and Deployment, 2021-2031F |
6.4.5 Burkina Faso Internet of Things (IoT) in Retail Market Revenues & Volume, By Support and Maintenance, 2021-2031F |
6.4.6 Burkina Faso Internet of Things (IoT) in Retail Market Revenues & Volume, By Managed Services, 2021-2031F |
7 Burkina Faso Internet of Things (IoT) in Retail Market Import-Export Trade Statistics |
7.1 Burkina Faso Internet of Things (IoT) in Retail Market Export to Major Countries |
7.2 Burkina Faso Internet of Things (IoT) in Retail Market Imports from Major Countries |
8 Burkina Faso Internet of Things (IoT) in Retail Market Key Performance Indicators |
8.1 Percentage increase in the number of IoT devices deployed in the retail sector |
8.2 Average time taken to implement IoT solutions in retail operations |
8.3 Reduction in operational costs achieved through IoT implementation in retail stores |
9 Burkina Faso Internet of Things (IoT) in Retail Market - Opportunity Assessment |
9.1 Burkina Faso Internet of Things (IoT) in Retail Market Opportunity Assessment, By Offering, 2021 & 2031F |
9.2 Burkina Faso Internet of Things (IoT) in Retail Market Opportunity Assessment, By Hardware, 2021 & 2031F |
9.3 Burkina Faso Internet of Things (IoT) in Retail Market Opportunity Assessment, By Platforms, 2021 & 2031F |
9.4 Burkina Faso Internet of Things (IoT) in Retail Market Opportunity Assessment, By Service, 2021 & 2031F |
10 Burkina Faso Internet of Things (IoT) in Retail Market - Competitive Landscape |
10.1 Burkina Faso Internet of Things (IoT) in Retail Market Revenue Share, By Companies, 2024 |
10.2 Burkina Faso Internet of Things (IoT) in Retail Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |