Reports and Data’s latest document, titled ‘Global Artificial Intelligence in Retail Market - Forecast to 2027,’ is one of the most sought-after market reports involving an in-depth analysis of the global Artificial Intelligence in Retail market. The report’s authors have offered necessary details on the latest Artificial Intelligence in Retail market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of the Artificial Intelligence in Retail industry entails useful insights into the estimated Artificial Intelligence in Retail market size, revenue share, and sales & distribution networks. Such helpful market insights are bound to help readers outline this industry’s key outcomes in the near future. Those are further intended to assist businesses involved in this sector in sound decision-making and formulating lucrative business plans. The primary addressees of this report include some of the globally renowned venture capitalists. The report offers these individuals a vivid description of the competitive spectrum of the global Artificial Intelligence in Retail market.
Our experienced market research team has provided updated information on the ongoing COVID-19 pandemic and its adverse economic impact in the latter segment of the report. The coronavirus outbreak has led to drastic changes in the current Artificial Intelligence in Retail business landscape, limiting the growth opportunities for various manufacturers and buyers for the next few years. Besides making speculations about the market’s post-COVID-19 scenario, the report discusses its existing situation. The report eventually offers conclusive data related to the Artificial Intelligence in Retail market growth assessed on both regional and global levels.
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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.
Market Scope:
One of the report’s central components is the broad Artificial Intelligence in Retail market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production & consumption rates, demand & supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Artificial Intelligence in Retail market players.
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- Report Overview
1.1 Research Scope
1.2 Key Artificial Intelligence in Retail market segments
1.3 Major players
1.4 Market analysis by product
1.5 Market analysis by application
1.6 Report timeline
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:
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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
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Deployment Mode Outlook (Revenue, USD Billion; 2019–2032)
- Cloud-based
- On-premises
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Retail Segment Outlook (Revenue, USD Billion; 2019–2032)
- Fashion & Apparel
- Electronics & Gadgets
- Grocery & Supermarkets
- Home & Furniture
- Beauty & Cosmetics
- Sports & Fitness
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)
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Key questions addressed in the report:
- What are the key factors driving the global Artificial Intelligence in Retail market?
- Who are the key manufacturers in this market space?
- Who are the distributors, traders and dealers of this market?
- What are the market opportunities and risks affecting the performance of the vendors in the global Artificial Intelligence in Retail market?
- What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?
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Artificial Intelligence in Retail Snapshots
About Us:
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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