| Product Code: ETC4398451 | Publication Date: Jul 2023 | Updated Date: Sep 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Retailers in Vietnam are increasingly turning to in-store analytics to gain valuable insights into customer behavior and optimize store operations. The In-store Analytics Market in Vietnam involves the use of advanced technologies such as video analytics and sensor data to understand customer preferences, improve product placements, and enhance the overall shopping experience. This market reflects the retail sector`s commitment to data-driven decision-making.
In-store analytics is becoming a critical component for retailers in Vietnam, primarily due to the changing consumer landscape and increasing competition. Retailers are harnessing the power of data analytics to gain insights into consumer behavior, optimize store layouts, and enhance the shopping experience. The market is also driven by the growing preference for personalized marketing and real-time offers. With the aid of in-store analytics, retailers can target customers with tailored promotions and optimize their inventory management, ultimately leading to increased sales and customer loyalty.
The Vietnam In-store Analytics Market faces several challenges in its efforts to help retailers optimize their physical store operations. One of the major hurdles is data collection and privacy concerns. Shoppers may be uncomfortable with the idea of being continuously monitored in-store, leading to potential privacy issues. Retailers also need to navigate the complexities of data protection regulations and ensure they are in compliance. Furthermore, the technology infrastructure in physical stores can be outdated and not well-suited for advanced analytics, making it difficult for businesses to implement in-store analytics solutions. Additionally, the cost of implementing these systems can be prohibitive for many small and medium-sized retailers. Moreover, there may be resistance to change from traditional brick-and-mortar retailers who are not accustomed to using analytics to inform their operations.
The in-store analytics market in Vietnam has experienced changes in consumer behavior due to the COVID-19 pandemic. With lockdowns and social distancing measures in place, there has been a shift towards online shopping, impacting the footfall in physical stores. In-store analytics solutions are now being re-evaluated to focus on optimizing online experiences, offering personalized recommendations, and understanding virtual customer journeys to adapt to the evolving retail landscape.
In-store analytics in Vietnam witnesses the active participation of key players like Ecomobi, a company leveraging AI for retail analytics and customer insights. Another significant player is CINTECH, contributing to the in-store analytics landscape with its advanced data analytics solutions tailored for the retail sector. Additionally, BSSC Creative, with its focus on digital transformation, plays a crucial role in shaping the in-store analytics market in Vietnam.
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 Vietnam In-store Analytics Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam In-store Analytics Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam In-store Analytics Market - Industry Life Cycle |
3.4 Vietnam In-store Analytics Market - Porter's Five Forces |
3.5 Vietnam In-store Analytics Market Revenues & Volume Share, By Application , 2021 & 2031F |
3.6 Vietnam In-store Analytics Market Revenues & Volume Share, By Components, 2021 & 2031F |
3.7 Vietnam In-store Analytics Market Revenues & Volume Share, By Deployment, 2021 & 2031F |
3.8 Vietnam In-store Analytics Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
4 Vietnam In-store Analytics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of digital technologies in retail sector |
4.2.2 Growing demand for real-time data analytics to enhance customer experience |
4.2.3 Rising focus on improving operational efficiency and cost reduction in stores |
4.3 Market Restraints |
4.3.1 Privacy concerns related to in-store data collection and analysis |
4.3.2 Lack of skilled professionals for implementing and managing in-store analytics solutions |
4.3.3 High initial investment and ongoing maintenance costs of analytics technology |
5 Vietnam In-store Analytics Market Trends |
6 Vietnam In-store Analytics Market, By Types |
6.1 Vietnam In-store Analytics Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Vietnam In-store Analytics Market Revenues & Volume, By Application , 2021-2031F |
6.1.3 Vietnam In-store Analytics Market Revenues & Volume, By Customer Management, 2021-2031F |
6.1.4 Vietnam In-store Analytics Market Revenues & Volume, By Marketing Management, 2021-2031F |
6.1.5 Vietnam In-store Analytics Market Revenues & Volume, By Merchandising Analysis, 2021-2031F |
6.1.6 Vietnam In-store Analytics Market Revenues & Volume, By Store Operations Management, 2021-2031F |
6.1.7 Vietnam In-store Analytics Market Revenues & Volume, By Risk and Compliance Management, 2021-2031F |
6.1.8 Vietnam In-store Analytics Market Revenues & Volume, By Others, 2021-2031F |
6.2 Vietnam In-store Analytics Market, By Components |
6.2.1 Overview and Analysis |
6.2.2 Vietnam In-store Analytics Market Revenues & Volume, By Software, 2021-2031F |
6.2.3 Vietnam In-store Analytics Market Revenues & Volume, By Services, 2021-2031F |
6.3 Vietnam In-store Analytics Market, By Deployment |
6.3.1 Overview and Analysis |
6.3.2 Vietnam In-store Analytics Market Revenues & Volume, By On-premises, 2021-2031F |
6.3.3 Vietnam In-store Analytics Market Revenues & Volume, By Cloud, 2021-2031F |
6.4 Vietnam In-store Analytics Market, By Organization Size |
6.4.1 Overview and Analysis |
6.4.2 Vietnam In-store Analytics Market Revenues & Volume, By SMEs, 2021-2031F |
6.4.3 Vietnam In-store Analytics Market Revenues & Volume, By Large Enterprises, 2021-2031F |
7 Vietnam In-store Analytics Market Import-Export Trade Statistics |
7.1 Vietnam In-store Analytics Market Export to Major Countries |
7.2 Vietnam In-store Analytics Market Imports from Major Countries |
8 Vietnam In-store Analytics Market Key Performance Indicators |
8.1 Customer footfall conversion rate |
8.2 Average customer dwell time in-store |
8.3 Percentage increase in sales attributed to analytics-driven strategies |
8.4 Improvement in inventory management efficiency |
8.5 Reduction in operational costs due to analytics implementation |
9 Vietnam In-store Analytics Market - Opportunity Assessment |
9.1 Vietnam In-store Analytics Market Opportunity Assessment, By Application , 2021 & 2031F |
9.2 Vietnam In-store Analytics Market Opportunity Assessment, By Components, 2021 & 2031F |
9.3 Vietnam In-store Analytics Market Opportunity Assessment, By Deployment, 2021 & 2031F |
9.4 Vietnam In-store Analytics Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
10 Vietnam In-store Analytics Market - Competitive Landscape |
10.1 Vietnam In-store Analytics Market Revenue Share, By Companies, 2024 |
10.2 Vietnam In-store Analytics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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