Emergen Research has recently added a new report titled Global Artificial Intelligence in Retail Market that provides an extensive analysis of the Artificial Intelligence in Retail market and industry overview with regards to market size, market share, revenue growth, key companies, current and emerging market trends, recent technological and product developments, and a comprehensive analysis of the impact of COVID-19 pandemic on the growth of the Artificial Intelligence in Retail Market.
The global artificial intelligence in retail market size is expected to reach USD 103.82 Billion in 2032 and register a revenue CAGR of 34.2% during the forecast period, according to the latest analysis by Emergen Research. Increasing awareness of Artificial Intelligence (AI) in the retail industry is a major factor driving the market revenue growth. AI enables retailers to provide a unified customer experience across numerous online, mobile, and in-store platforms. Retailers provide 24/7 customer assistance, answer customer questions, and provide personalized suggestions with AI-powered chatbots and virtual assistants. AI assists marketers in creating better consumer segmentation based on insights from audience data by sifting through massive amounts of data. Chatbots and virtual assistants powered by AI enable retailers to communicate with customers in real time, enhancing customer satisfaction and loyalty. Hence all these factors are driving the market revenue growth. AI helps retailers understand their customers' preferences, predict their behavior, and offer personalized deals.
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It focuses on the recent mergers acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.
The report also discusses the key players involved in the market such as
Amazon.com, Inc., Google, IBM, Intel Corporation, Microsoft, Salesforce, Inc., SAP, Oracle, Visenze, SymphonyAI
Report Highlights:
- Besides offering a vivid depiction of the global Artificial Intelligence in Retail business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
- The report includes information on the present and historical market scenarios, which helps forecast the market conditions over the next eight years
- The report scrutinizes the salient factors influencing the growth of the market in the near future.
- The strategic marketing recommendations, crucial information related to the new market entrants, and expansion plans of various businesses are poised to provide the reader with a competitive edge in the market.
Regional Landscape section of the Artificial Intelligence in Retail Market report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Artificial Intelligence in Retail market expected to boost the growth of the industry in the coming years.
Artificial Intelligence in Retail Market Segmentation:
Solution Type Outlook (Revenue, USD Billion; 2019–2032)
- Customer Service Support
- Inventory Management
- Visual Search Recommendation
- Price Optimization
- Fraud Detection Prevention
- Supply Chain Management
- Virtual Assistants Chatbots
- Predictive Analytics
Deployment Mode Outlook (Revenue, USD Billion; 2019–2032)
- Cloud-based
- On-premises
Retail Segment Outlook (Revenue, USD Billion; 2019–2032)
- Fashion Apparel
- Electronics Gadgets
- Grocery Supermarkets
- Home Furniture
- Beauty Cosmetics
- Sports Fitness
Browse Full Report Description + Research Methodology + Table of Content + Infographics @ https://www.emergenresearch.com/industry-report/artificial-intelligence-in-retail-market
Highlights of Table of Contents (TOC):
- Overview of Global Artificial Intelligence in Retail Market
- Competitive analysis of the Artificial Intelligence in Retail Market
- Regional analysis of Global Artificial Intelligence in Retail Market production and revenue
- Regional analysis of Global Artificial Intelligence in Retail Market supply, consumption, and export import
- Type-based market analysis of global Artificial Intelligence in Retail production, revenue, and price trends
- Application-based analysis of the global Artificial Intelligence in Retail Market
- Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Artificial Intelligence in Retail market
- Conclusion of the research report
- Appendix
Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.
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