Global Smart TVs Industry

Global Smart TVs Market to Reach US$300 Billion by the Year 2027. Amid the COVID-19 crisis, the global market for Smart TVs estimated at US$167. 2 Billion in the year 2020, is projected to reach a revised size of US$300 Billion by 2027, growing at a CAGR of 8.

New York, July 11, 2020 (GLOBE NEWSWIRE) — announces the release of the report “Global Smart TVs Industry” –
7% over the analysis period 2020-2027.Full HD TV, one of the segments analyzed in the report, is projected to grow at a 9.5% CAGR to reach US$112.4 Billion by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the HD TV segment is readjusted to a revised 7.1% CAGR for the next 7-year period. This segment currently accounts for a 24.5% share of the global Smart

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Amazon Launches Smart Stores to Boost Retail Hold in India

Amazon AMZN is sparing no effort to strengthen the retail business in India. This is evident from its new initiative, Smart Stores, which provides the stores with digital log software and a QR code.

The new initiative enables India-based local stores to offer customers with contactless discovery of their products and make payments online.

Under the program, customers will first need to scan the QR code using the Amazon app. This code allows the customers to explore and select the products available within the store. Once the customers have finalized their products, they can then make the payment using UPI, credit and debit cards or directly through their Amazon Pay balance.

Once the transaction is completed, the bill will be delivered digitally to the customer, making it a hassle-free process in today’s time wherein visiting shops is a big risk.

Notably, Amazon has partnered with more than 10,000 such shops

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