Artificial Intelligence in Retail Market, Size, Growth, Market Overview, Competitive Analysis, Key Players Industry and Forecast To 2033 Global Artificial Intelligence in Retail Market Forecast to 2033
The Global Artificial Intelligence in Retail Market report presents a comprehensive analysis of the Artificial Intelligence in Retail market that offers valuable insights to the investors, stakeholders, and business strategists for the forecast period of 2020-2027. The report on the global Artificial Intelligence in Retail market presents the expected growth rate and market value the market is expected to achieve in the coming years. The report also offers insightful data and recommendations to the market players, emerging players, and stakeholders on how to combat the COVID-19 pandemic. The report offers a comprehensive impact analysis of the pandemic on the Artificial Intelligence in Retail market and its key segments. Furthermore, the report also covers a present and future impact analysis of the pandemic on market growth.
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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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Research Report on the Artificial Intelligence in Retail Market Addresses the Following Key Questions:
Who are the dominant players of the Artificial Intelligence in Retail market? Which regional market is anticipated to have a high growth rate over the projected period? What consumer trends and demands are expected to influence the operations of the market players in the Artificial Intelligence in Retail market? What are the key growth drivers and restraining factors of the Artificial Intelligence in Retail market? What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market? What is the overall impact of the COVID-19 pandemic on the Artificial Intelligence in Retail market and its key segments? Market Overview:
The report bifurcates the Artificial Intelligence in Retail market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Top competitors of the Artificial Intelligence in Retail Market profiled in the report include:
Amazon.com, Inc., Google, IBM, Intel Corporation, Microsoft, Salesforce, Inc., SAP, Oracle, Visenze, SymphonyAI
Emergen Research has segmented the global Artificial Intelligence in Retail on the basis of product, fitting, application, and region:
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
Regional Landscape section of the Artificial Intelligence in Retail 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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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Artificial Intelligence in Retail market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
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Artificial Intelligence in Retail Snapshots
Artificial Intelligence in Retail Market Size Artificial Intelligence in Retail Market Share Artificial Intelligence in Retail Market Trends Artificial Intelligence in Retail Regional Market Demand
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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