Dubai PR Network, Online Press Release from Dubai and Middle East
 
Events and Exhibitions(Events & Exhibitions)
Filter PR by
  
SPACEE Set to Redefine UAE's $58bn Retail Segment, Marks its Debut with Participation in GITEX Global
 

21, October 2021 - Dubai, UAE:   The US-based SPACEE, a golab leader in digital solutions, is all set to make a big-bang entry into the Middle East at the 41st edition of GITEX Global, which started from October 17 at Dubai World Trade Centre. Gitex will see the coverage of over 400 international innovators in artificial intelligence, 5G, cloud, big data, and blockchain from over 140 countries.SPACEE will present its virtual touch technology at this much-awaited international event in the UAE.


As per the Dubai Chamber of Commerce and Industry, the UAE’s retail market is witnessing phenomenal growth with sales worth $58 billion expected this fiscal. The country’s retail e-commerce market also witnessed a 53 per cent year-on-year increase in 2020 to reach $3.9 billion. The retail sales are projected to grow at an impressive rate of 6.6 per cent to touch $70.5 billion by 2025. The e-commerce market, too, will be worth $8 billion during the same period, accounting for an 8 per cent share of the retail market.


With such projections, retailers are seeking to leave lasting impression on shoppers through destingished in-store experience. With SPACEE’s presence technology in the UAE, retailers can differentiate themselves, create positive trends, increase their market share, and boost sales. The US-based tech company has already helped its international clients, including Walmartbring the future of retail to their current stores by integrating the digital and physical without using phones, eyeglasses, ortablets, and without installing any technology on the actual surface. Its machine learning and AI-driven solutions, Sense and Deming, have ushered in a new era of frictionless customer experience and smart store operations. respectibely. 
“The future of retail is here. Using light only, SPACEE transforms virtually any 2D or 3D surface, into an unbreakable touch screen. While customers get a deep personal connection with interactive products, retailers witness increased sales, reduced shrinkage and minimised labour costs,” says Skip Howard, Founder and CEO, SPACEE. 


Halim El Roumi, the regional director AMEA at Spacee said, “Spacee’s innovative solutions seek to help the UAE retailers get a better insight into customer behaviour and performance of products. We offer retailers the opportunity to replace the antiquated, traditional retail tools with intelligent and innovative technology . It is all about increasing sales and the bottom line. We have done that in other regions in the world as well and now, we are excited about our launch in the UAE. We are looking look forward to fostering meaningful relationships with businesses here.”

 

Founded in 2013, SPACEE will be making its UAE debut with two stands at GITEX Global — Disrupt x and Dell. The five-day global event will also witness the American company forge futuristic partnerships and engage with top global innovators on transformational technologies. 

Posted by : DubaiPRNetwork.com Editorial Team
Viewed 5883 times
PR Category : Events & Exhibitions
Posted on : Thursday, October 21, 2021  1:19:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Scality Awards Three Start-Up Licenses to the GITEX YouthX P...
Next Story : Hamdan Bin Mohammed Heritage Center to highlight UAE's cultu...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Pandora Launch a New Limited-Edition Charm in Support of UNICEF Giving Young Voices the Ch... [13198-Views]
Ogilvy Celebrates a giant performance at this year's LIA's – Including awards for Global ... [10115-Views]
The Face Shop Introduces Vegan Skincare in the UAE [5441-Views]
MG International Fragrance Company Reinforces Presence in the Growing Middle East Region [4694-Views]
Opening Day of 22nd Edition of Cityscape Sees Numerous New Developments Showcased inside D... [4555-Views]
Dubai Islamic Bank Successfully Prices USD 750 Million Inaugural Sustainable Sukuk [4149-Views]
Dubai's Real Estate Market Continues to Ride High on Strong Investor Confidence [4043-Views]
Dubai Future Foundation Announces Winners of the Smart Toys Competition 2.0 [3698-Views]
Jaeger-Lecoultre Participates in the 30th Edition of Jewellery Arabia Bahrain [3669-Views]
Dubai Customs Launches Awareness Campaign on Digital Services for Passengers [3485-Views]
Burj Khalifa by Emaar to Host a Cutting-Edge Laser Light Extravaganza and Phenomenal Firew... [3050-Views]
Sita Strengthens its Partnership with Geneva Airport, helping Transform the Passenger Expe... [3018-Views]
Large Audience Attend Taha Hussein Days at Mohammed bin Rashid Library [2981-Views]
Dubai's 3 Day Super Sale Starts Friday with Deals of up to 90% off across the City [2981-Views]
Samsung MENA Launches the First-ever Roblox ‘Space Cup' Football Tournament [2972-Views]
Michelin Star Chef and UK Consul General Welcomed for Jumeirah College Bake Off [2948-Views]
Global Village Announces Spectacular Celebrations to mark the 51st UAE National Day [2788-Views]
DLD Enriches its Participation in Cityscape 2022 with Innovative and Sustainable Real Esta... [2702-Views]
Dubai Health Authority Receives a High-level Delegation from the National Healthcare Group... [2640-Views]
Waterfront Market unveils Dubai Consumers Shopping Preferences [2636-Views]
Reel Cinemas will make UAE Cinema History by Giving an Incredible 51% Discount on All Movi... [2632-Views]
What a shot! David Beckham Snaps a Scenic View as Qatar Tourism unveils Posts of Qatar [2620-Views]
Five Things to Know About how they're Delivering more Benefits for Travellers [2616-Views]
Network International, American University of Sharjah Collaborate to Empower Youth Enterin... [2612-Views]
Jaguar Classic Exhibit Iconic Jaguar C-Type & D-Type Models at the Dubai GP Revival [2575-Views]
 
RSS Facebook Twitter LinkedDin DubaiPRNetwork.com on Instagram
 
Top Sections
 
Top Stories