Payment methods, fraud detection, and data analytics were the leading areas retailers in the United Kingdom were already innovating as of 2022. According to the findings of a survey, about half of UK retailers were planning to innovate in the area of secure payments over the next three years.
Technology areas planned or being innovated by UK retailers over the next three years as of 2022
Characteristic
Currently innovating in this area
Plan to innovate in this area within the next 12 months
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PYMNTS. (October 17, 2022). Technology areas planned or being innovated by UK retailers over the next three years as of 2022 [Graph]. In Statista. Retrieved January 13, 2025, from https://www.statista.com/statistics/1356709/technology-plans-and-innovations-among-uk-retailers/
PYMNTS. "Technology areas planned or being innovated by UK retailers over the next three years as of 2022." Chart. October 17, 2022. Statista. Accessed January 13, 2025. https://www.statista.com/statistics/1356709/technology-plans-and-innovations-among-uk-retailers/
PYMNTS. (2022). Technology areas planned or being innovated by UK retailers over the next three years as of 2022. Statista. Statista Inc.. Accessed: January 13, 2025. https://www.statista.com/statistics/1356709/technology-plans-and-innovations-among-uk-retailers/
PYMNTS. "Technology Areas Planned or Being Innovated by Uk Retailers over The next Three Years as of 2022." Statista, Statista Inc., 17 Oct 2022, https://www.statista.com/statistics/1356709/technology-plans-and-innovations-among-uk-retailers/
PYMNTS, Technology areas planned or being innovated by UK retailers over the next three years as of 2022 Statista, https://www.statista.com/statistics/1356709/technology-plans-and-innovations-among-uk-retailers/ (last visited January 13, 2025)
Technology areas planned or being innovated by UK retailers over the next three years as of 2022 [Graph], PYMNTS, October 17, 2022. [Online]. Available: https://www.statista.com/statistics/1356709/technology-plans-and-innovations-among-uk-retailers/