So far, IoT startups in Retail space managed to attract $900M in investments, which is very impressive.
This article discusses the Retail space and the contribution that IoT startups are making to it.
And, according to eMarketer’s latest forecast of retail and eCommerce sales around the world, total retail sales in North America reached $5.254 trillion, including $4.785 trillion in sales in the US alone. More than a fifth of the world’s retail sales occurred in the US this year. Huge market, huge opportunity.