Artificial Intelligence in Retail Market Size, Scope, Growth Opportunities, Trends by Manufacturers And Forecast
The Global Artificial Intelligence in Retail Market Research Report provides a brief overview inclusive of the competitive landscape and key developments, policies, manufacturing costs, and processes. The report also provides the analysis of import/export, production and consumption ratio, supply and demand, cost, price, estimated revenue, and gross margins. The report further discusses in detail the driving factors influencing the growth of the market currently and in the coming years.
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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Furthermore, the report provides a comprehensive analysis of the impact of the COVID-19 crisis on the market. It offers detailed insights into the impact of COVID-19 on the industry at a regional level and industry level. The report also covers the developments and government regulations related to COVID-19. The report further analyzes the current and future impact of COVID-19 on the global market and provides an insight into the post-COVID-19 situation.
Key Points of Artificial Intelligence in Retail Market:
Extensive coverage of the analysis of the Artificial Intelligence in Retail Market Key insights into the regional spread of the industry in key geographies Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the Artificial Intelligence in Retail Market Complete data about the key manufacturers and vendors in the Artificial Intelligence in Retail Market The report further explores the key business players along with their in-depth profiling, product catalog, and strategic business decisions. The key players studied in the report are Amazon.com, Inc., Google, IBM, Intel Corporation, Microsoft, Salesforce, Inc., SAP, Oracle, Visenze, SymphonyAI
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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 Key Objectives of the Report:
Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Artificial Intelligence in Retail market Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities Regional Analysis of the Artificial Intelligence in Retail Market:
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) The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.
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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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