Four Ways The Internet Of Things Will Innovate The Retail Industry

by MR Magazine Staff

The Internet of Things (IoT) will disrupt all industries, but there’s little doubt that the retail industry will be one of the most disrupted. More so than companies in other industries, retailers are increasingly coming in direct contact with consumers that fully embrace digital transformation in their lives, including IoT-related technology and innovation. Leading retailers are already developing strategies and plans to take advantage of IoT-related technologies. According to IDC, digital signage use in retail outlets will grow from $6 billion in 2013 to $27.5 billion in 2018, as retailers continue to digitize the consumer experience. Read more at Forbes.