A high willingness to adopt smart retail technologies

Stakes are steadily obvious when it comes to smart retail technologies. The level of awareness is increasingly interesting as retailers are bit by bit able to transform existing retail practices and enable seamless shopping experiences.

In a recent B2B technology survey of 455 U.S.-based companies across nine verticals, ABI Research finds that 62% of retail respondents show a high willingness to adopt smart retail technologies, especially Bluetooth and Wi-Fi beacons, which respondents view as having the biggest impact on digitization. 

However, one can also observe that, familiarity with nascent technologies like VLC/LED, inventory tracking, queue and process management, electronic labels, wearables, 5G, AR, blockchain, and the related technology startup ecosystem is limited.