Global Artificial Intelligence in Retail Market is expected to reach US $ 19900 Mn by 2026, at a CAGR of 35% during the forecast period.
Artificial Intelligence in Retail Market Overview:
The Artificial Intelligence in Retail Market's drivers, restraints, technical advancements, product developments, market opportunities, restrictions, growth strategies, and market prospects, as well as the forecast period, are briefly covered in the Global Artificial Intelligence in Retail Market research report. The Artificial Intelligence in Retail Market Research Report covers a detailed analysis of strategy, micro and macro market trends and scenarios, pricing analysis, and short-term market circumstances, as well as an in-depth look at the main rivals.
Market Scope:
The analysis by Maximize Market Research focuses on the most important regional market share data. Simultaneously, it highlights the most important aspects of each regional market's growth tendencies. The research also includes a full geographical analysis of the industry, highlighting industry growth potential and market hurdles in each of the world's key regions. This Artificial Intelligence in Retail market study covers import and export consumption, supply and demand, costs, prices, shares, sales volumes, revenues, and gross profits. This report looks at each manufacturer's manufacturing bases, capacity, production, factory prices, revenues, and market share in the Artificial Intelligence in Retail market.
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Segmentation:
Major segments of the paper include types, technologies, solutions, services, deployment models, applications, and regions. Additionally, internet and offline retail are included in artificial intelligence in the retail sector based on type. Machine learning and deep learning, NLP, and other technologies make up the technology division.The report's solution segment includes supply chain management & demand planning, website and content optimisation, space planning, fraud detection, visual search, virtual assistant, price optimisation, payment services management, and product recommendation & planning. The services section divides services into professional and managed services. The application segment covers predictive merchandising, programmatic advertising, market forecasting, in-store visual monitoring and surveillance, location-based marketing, and others, while deployment mode also includes cloud and on-premise deployment.
Key Players:
• IBM Corporation
• Microsoft Corporation
• Amazon Web Services
• Oracle
• SAP
• Google Inc.
• NVIDIA Corporation
• Intel Corporation
• Sentient Technologies
• Numenta Inc.
• Salesforce
• ViSenze
• Inbenta Technologies
• Interactions LLC
• Lexalytics Inc.
• Baidu Inc.
• BloomReach Inc.
• CognitiveScale Inc.
• NEXT IT Corp.
• RetailNext Inc.
• Salesforce.com Inc.
The global Artificial Intelligence in Retail market research report contains a detailed regional key player analysis of the Artificial Intelligence in Retail industry, with an emphasis on business growth opportunities and market hurdles in each of the globe's major regions. The report looks at the most recent notable breakthroughs in the Artificial Intelligence in Retail market, as well as the major producers and inventors.
Regional Analysis:
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This study examines the global Artificial Intelligence in Retail Market's growth pattern in great detail. It demonstrates how the most significant regional divides, such as North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa, have global influence. The market's key geographies, as well as notable segments and sub-segments, are examined in the Artificial Intelligence in Retail Industry Research. Figures, geographies, and revenue are included in this Artificial Intelligence in Retail market report, as well as an in-depth look at the business chain structure, prospects, and industry news.
Key Questions answered in the Artificial Intelligence in Retail Market Report are:
- What is the sales value, production value, consumption value, import and export of Artificial Intelligence in Retail globally (North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major players in the Artificial Intelligence in Retail Industry on a worldwide scale? What is the state of their business (capacity, production, sales, pricing, cost, gross, and revenue)?
- What are the market possibilities and dangers for Artificial Intelligence in Retail providers in the global Artificial Intelligence in Retail industry?
- Which application, end-user, or product category might be looking for new growth opportunities? What is each type's and application's market share?
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According to a new market research report " Artificial Intelligence in Retail Market by Type (Online, Offline), Technology (Machine Learning and Deep Learning, NLP), Solution, Service (Professional, Managed), Deployment Mode (Cloud, On-Premises), Application, Region - Global Forecast to 2022", published by MarketsandMarkets™, The AI in retail market size is expected to grow from USD 993.6 Million in 2017 to USD 5,034.0 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 38.3%.The key factors driving the growth of the AI in retail market include the increasing need to streamline omnichannel retailing and customer turnover.Browse and in-depth TOC on “Artificial Intelligence in Retail Market”61 - Tables32 - Figures138 - Pages Ask for PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=36255973Major Key Companies:The major vendors providing AI in retail solutions and services include Microsoft (US), Google (US), IBM (US), NVIDIA (US), Intel (US), Oracle (US), Sentient Technologies (US), Salesforce (US), Amazon Web Services (US), SAP (Germany), Inbenta Technologies (US), Nuance Communications (US), SAMSUNG (South Korea), Narrative Science (US), Daisy Intelligence (Canada), Infosys (India), Wipro (India), Happiest Minds (India), MicroStrategy (US), Dynamic Yield (US), IPsoft (US), Appier.com (Taiwan), ViSenze (Singapore), Manthan Software Services (India), and Optoro (US).The machine learning and deep learning technology is expected to have the largest market share during the forecast period.Among the technologies, the machine learning and deep learning segment is expected to have the largest market share during the forecast period.
Organizations in the retail industry are using the machine learning and deep learning technology to offer a more personalized experience to the end-users as well as to provide an interactive environment to them.
This is mainly because of the presence of several developed economies, such as the United States (US) and Canada, and the region’s focus on enhancing the existing solutions.
Many retailers in this region have deployed AI-based solutions to optimize their supply chain operations and inventory.
The increasing technology spending in countries such as China and India and the demand for cost-effective, advanced AI-based solutions and services among the retail industry are expected to drive the APAC market growth during the forecast period.Browse Complete Report @ https://www.marketsandmarkets.com/Market-Reports/artificial-intelligence-ai-retail-market-36255973.htmlKey Target Audience:AI in retail solutions, platforms, and service providersResearch organizations and consulting companiesInformation security directors/managersGovernment organizationsConsultants/advisory firmsManaged service providersAI system providersVenture capitalists, private equity firms, and startup companiesAI in retail application buildersAbout MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.
Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients.
