Cascadia is pleased to share our 2H 2024 Retail Technology Industry update, complete with insightful analysis, comprehensive industry trends, and detailed M&A and capital raise data.
Key Takeaways:
- Macroeconomic Update: Long-awaited US interest rate cuts appear on the horizon as inflation shows noticeable improvement and the labor market continues to soften
- Retail Market: Driven by continued digital transformation and nascent technologies, the retail technology market is expected to reach $47.0B by 2030
- Recent Trends: Generative AI, changing consumer behavior and rising competition are helping to transform the retail technology landscape
- Transaction Activity: M&A transaction volume rebounded in 1H 2024 while capital raise activity experienced a slight uptick, pointing towards a potential recovery in market activity
If you are interested, we are happy to discuss market conditions, retail technology trends, or learn more about your business and strategic goals.