IDC: Top 10 predictions for global retail in 2023
A customer-led, technology-enabled revolution is transforming the retail industry.
That’s according to global market intelligence firm IDC, which has released its annual “FutureScape: Worldwide Retail 2023 Top 10 Predictions.” The report predicts how the worldwide retail industry will evolve.
Below are IDC’s top 10 predictions:
- By 2025, 20% of the top 100 global retailers will drive holistic business result using distributed artificial intelligence (AI) systems with integrated data across retail planning, decisions, operations, and optimization.
- By 2025, 50% of retailers will increase data management and governance technology investments by at least 20% to obtain insights from growing amounts of data to increase omnichannel revenue.
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