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Retail Industry in Latin America - IT Market Assessment
DescriptionDescription:
24 November 2008, Pages – 11
Traditionally, grocery has dominated the retail industry in Latin America – with Latin Americans spending a significant portion of their income on food items. The consumption pattern in the Retail Industry in Latin America is changing rapidly. With the economic development and increase in purchasing power, the customer focus is shifting from household consumption to personal consumption. Further, the markets with comparatively higher purchasing power like Brazil, Chile and Mexico are dominated by organized retail chains, which control about three-quarters of the market. For example - in Mexico, many mom-and-pop shops which enjoyed market share of as high as 77% for some massive consumption items have been forced to either close down or relocate by huge retail chains like Wal-Mart.
Organized retail is developed in only a few countries in the Retail Industry in Latin America. As people in other countries of Latin America gain purchasing power, big retail companies would be entering these markets too and setting up their establishments. They would require setting up their IT infrastructure to support their business in these new markets. Consequently, IT infrastructure and networking companies would gain business opportunities.
The report forecasts the IT spending of the Retail Industry in Latin America over the period 2007-2013. The report highlights the market trends, growth drivers and restraints in the Retail Industry in Latin America. Further, the report discusses about the IT spending & forecast of this industry and also talks about the regulations that affect the IT spending of the Retail Industry in Latin America.
Table of ContentsTable of Contents:
1.0 Retail Industry in Latin America
1.1 Market Size and Forecast
1.2 Market Trends
2.0 Growth Drivers & Restraints
2.1 Growth Drivers
2.2 Growth Restraints
3.0 IT Spending – Retail Industry in Latin America
3.1 IT Spending & Forecast
3.2 IT Sales Drivers
4.0 Regulations Affecting IT Spending
Other Reports in this Series
List of Exhibits
Exhibit 1: Retail Industry in Latin America Market Size & Forecast 2007-2013 (in billion USD)
Exhibit 2: Retail Industry in Latin America - IT Spending & Forecast 2007-2013 (in million USD)
SKU: IRTNRSP24 |
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