Innovations in Retail Sector

Keeping a pulse on activities around innovations in Retail sector is the key ingredient in informing strategies and making key business decisions. Corroborating signals from various business activities and further deducing key performance indicators, creates a 360° view around who’s and what’s of sector relevant innovations.

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Deals

Deals Volume
2

The trendline shows the deals activity related to the innovation by month for this industry. The count represents the number of deals in the last completed 12 months.

Patents

Patents
43,133
-8.00% MoM

The trendline shows the granted patent activity by month for this industry. The count represents the number of patents that were granted in the last completed 12 months.

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Innovations Applied for IP Protection Recently

Innovations applied for IP protection tracks new noteworthy patent applications published recently in the Retail Sector including ground-breaking technologies and the company’s technological and strategic shift towards adoption of new technologies.

Amazon has been granted a patent for a package delivery system wherein a delivery robot in communication with a UAV provides a approach notification to the package receiver such as lights, displays, speaker etc and interprets actions by an UAV, such as an intention to land or deposit a package at a particular location and then provide final landing authority, and can “wave-off” the UAV.

Ebay has been granted a patent which relates to a digital avatar system which facilitates virtual representations of users and products. The digital avatar may be generated based on the measurement data of the user and the size of the selected product. In this way, the user may see a digital representation of the user wearing the product so that the user can evaluate how the product looks on the user.

Amazon has been granted a patent which relates to generating three-dimensional representations of objects. For example, a customer may order a lamp but when the ordered lamp is physically placed on the table, the customer might not be pleased with its size or style, particularly relative to other items in the room. Providing a photorealistic rendering of the object may help with the ordering process. This may require providing a three-dimensional model to a mobile device in a small file size package.

Latest Venture Financing
  • Fitspire
    $0.3M
  • Shipfusion Inc
    $40M
  • Psudo Inc.
    $3M
  • PLANETICS GmbH
    Undisclosed
  • Easybins
    $0.4M
  • Fitspire
    $0.3M
  • Shipfusion Inc
    $40M
  • Psudo Inc.
    $3M
  • PLANETICS GmbH
    Undisclosed
  • Easybins
    $0.4M

Case Studies Involving Key Innovations

Spotlight

Amazon Inc, Alibaba Group Holding Ltd and Walmart Inc are amongst the top companies who are fastest in embracing disruption caused by emerging themes and creating value

GlobalData  captures news, deals, filings, jobs, patents, and social media signals etc. and gathers the activities around innovation-led initiatives supported in the respective organizations. Our analysis suggests that Amazon Inc has been most upfront in adopting emerging technologies amongst its peers.

Internet of Things, Artificial Intelligence and Cloud are the themes attracting most investment in the last five years

Data from March 2017 onwards

Note: GlobalData captures various data sets such as deals, filings, jobs, patents. Each data set score is combined (𝑥𝑠𝑐𝑎𝑙𝑒𝑑) to provide an overall weighted-average exposure score. The scores are then used to show the colors on the heat map and represent the level of exposure in which a darker shade represents higher levels of exposure while a lighter shade represents lower levels of exposure. Each cell in any respective column indicates the relative Company Investment Intensity of the ten tech themes compared across the list of companies for that theme.

Themes Deal Value(US$m)
Internet of Things 69,687.5
Artificial Intelligence 41,673.8
Cloud 34,454.1
Robotics 22,531.0
Big Data 19,104.3
Virtual and Augmented Reality 5,169.8
Cybersecurity 2,402.7
Blockchain 282.2

Furniture is driving the growth in Retail space

The sectorial representation of the Retail industry based on growth in patenting activity and number of deals show, Retail as the emerging sector. Having less patent records, Kitchen, marks presence as the innovation sector with highest growth in patenting activity and deal size.

Retail and Online Retail are the leading sectors with more than 6 thousand deals in last five years

Data from March 2017 onwards

Note: Bubble size represents the number of deals for that sector during the past five years.

Sectors No of Deals
Retail 14,109
Online Retail 6,295
Clothing 1,369
Cosmetics & Toiletries 1,268
Make-Up 355
Furniture 351
Personal Hygiene 331
Anti-Perspirants & Deodorants 65
Kitchen 41
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