Retail Cloud Market Is Expected To Grow At A Cagr Of 4.56%, Reaching A Valuation Of Us$ 109.98 Billion From 2023-2030, Data By Contrive Datum Insights

The Global Retail Cloud Market is expected to reach USD 109.98 billion by 2030, growing at a CAGR of 4.56% during the forecast period from 2022 to 2030. The retail industry is moving its business apps and infrastructure tools to cloud service architectures like platform as a service, software as a service, and infrastructure as a service. The power has shifted from sellers to customers due to the increased use of smartphones and social media, allowing customers to influence product trends.