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Retail IoT could be $94 billion market by 2025

June 13, 2018


Deployment of IoT technologies for retail applications appears to have turned a corner in the last couple of years from curiosity to established trend. While actual project size for some retailers may only involve a handful of stores, or just one aspect of store operations, others are making bigger commitments.

For example, Walmart already has deployed IoT sensors in refrigeration units in 5,000 stores to detect food spoilage, and has more extensive plans to use IoT to track customers’ shopping behavior, according to our sister publication, CIO Dive. Also, Target, Lululemon and Levi Strauss each have widely deployed RFID specifically.

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