Press release
Artificial Intelligence in Retail Market Key Players - NVIDIA Corporation, Intel Corporation, Sentient Technologies by Forecast to 2023
As the industry is transformed by automation, artificial intelligence proves to be an essential component that is expected to disrupt major businesses and industry verticals. One of the sector highly impacted by the artificial intelligence is the retail. There is a major shift from traditional retail to organized retail, in most of the developed and developing countries.
One of the major factor that drive the growth of Artificial Intelligence in Retail Market is the advancement in big data analytics, adoption of artificial intelligence in retail analytics, and growing adoption of artificial enabled devices and services across different industrial domains and verticals.
In addition to these, the market is also experiencing growth due to expansion of human-aware artificial intelligence and a wider opportunity of enterprises to capture market integrated with AI technology. Artificial intelligence is a wide scoped technology. In addition of analytics, and customer experience, the market is also fuelled by the need for surveillance and monitoring in the retail store.
Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/5009
Major Key Players:
The global artificial intelligence in retail market holds some of the major players like NVIDIA Corporation (U.S.), Intel Corporation (U.S.), Salesforce (U.S.), Sentient Technologies (U.S.), Microsoft Corporation (U.S.), Google Inc (U.S.), IBM Corporation (U.S.), Amazon Web Services (U.S.), Oracle corporation (U.S.), SAP SE (Germany) among others are profiled in Market Research Future analysis and are at the forefront of competition in the global artificial intelligence in retail market. The prominent vendors and new entrants are investing huge capital in research and development to innovate and expand their present product portfolio.
Access PR Details @ https://www.marketresearchfuture.com/press-release/artificial-intelligence-in-retail-market
Industry News:
April 2018, Ahold Delhaize Partnering To Launch Artificial Intelligence for Retail Lab. The Innovation Center for Artificial Intelligence in the Netherlands has partnered with Ahold Delhaize, with the launch of first retail lab. The center is focussed to serve artificial intelligence related technology to enhance business sector, government, and other research institutes. Ahold, and the ICAI aim to conduct research within AI so as to make a transparent work structure, managing flow of goods, and maintaining stocks among the retail consumers.
April 2018 Walmart has announced its launch of shelf-scanning robots that aim to help in scanning and maintaining the inventory and stocks in a retail store. The robots that scan shelves have sensors and source of light that sends signals to the monitoring system to check the missing stocks. Walmart is focussed to improve the efficiency of its workforce by having assisted with the robots.
April 2018, a start-up based in the U.S. is more focussed towards offering grab-and-go artificial intelligence solutions for retail automation for places like the apartments, and other public stores. The system works with the use of an app and a QR code to access the goods in the store.
Artificial Intelligence in Retail Market Segmentation:
On the basis of application, the market is segmented into advertising, merchandizing, market forecast, surveillance and analytics.
On the basis of technology, the market is segmented into deep learning, neural networks, natural language processing, facial recognition and voice assistance.
On the basis of component, the market is segmented into solution and services. Solution is further bifurcated as product planning, customer relationship management, visual search, and virtual assistant, supply chain management among others. Services is further bifurcated as professional, managed, installation and maintenance services.
On the basis of deployment, the market is segmented into cloud and premise.
On the basis of region: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Access Report Details @ https://www.marketresearchfuture.com/reports/artificial-intelligence-in-retail-market-5009
Artificial Intelligence in Retail Market Regional Analysis:
The geographical analysis of the artificial intelligence in retail market is done for major regions like North America, Europe, Asia Pacific and rest of the world. The market was led by North America in 2016. The factors contributing towards the growth of artificial intelligence in North America is the integration of artificial intelligence in advertising and marketing in retail sector. The integration is expected to improve customer analytics and behaviour experience. Moreover, in countries like the U.S. and Canada there is a huge demand by the companies that are investing and making development in artificial intelligence, thereby is increasing the market share of North America in retail market. North America is followed by Europe, as the region technologically advanced in terms of organized retail. Tesco one of the leading companies in retail is making advancement in artificial intelligence in this region.
On the other hand, Asia Pacific is expected to show a highest CAGR during the forecast period. The region is experiencing many investments and technological advancement in artificial intelligence. Countries like China, Japan and, India are adopting retail artificial intelligence in retail where, there is a huge shift from traditional retail to organized retail to improve customer behaviour experience and analytics.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Solutions, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Market Research Future
Office No. 524/528, Amanora Chambers
Magarpatta Road, Hadapsar
Pune – 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Artificial Intelligence in Retail Market Key Players - NVIDIA Corporation, Intel Corporation, Sentient Technologies by Forecast to 2023 here
News-ID: 1293347 • Views: …
More Releases from Market Research Future
Hydrofluoric Acid Market (CAGR) of 4%, Innovation Imperative Future Proofing You …
Hydrofluoric acid (HF) is a crucial chemical compound with a wide range of applications across various industries. Despite its hazardous nature, it plays an essential role in manufacturing processes, especially in the production of fluorine compounds. The global hydrofluoric acid market has been witnessing steady growth, driven by demand from end-user industries such as oil refining, pharmaceuticals, and electronics.
The Hydrodesulfurization Catalysts Market is projected to register a CAGR of over…
Palm Methyl Ester Derivative Market Size Projected to Grow at 5.92% CAGR, Reachi …
In recent years, the global market for palm methyl ester derivatives has witnessed significant growth, driven by various factors including environmental concerns, technological advancements, and the increasing demand for sustainable alternatives in various industries. Palm methyl ester derivatives, derived from palm oil, have emerged as versatile ingredients with applications spanning across sectors such as cosmetics, pharmaceuticals, lubricants, and more.
The Palm Methyl Ester Derivative Market Size was valued at USD 1.5…
Asia-Pacific Ceramic Tiles Market to Register Highest CAGR Growth of 7.50% by 20 …
The Asia-Pacific ceramic tiles market has been witnessing robust growth, driven by various factors such as increasing investments in residential and commercial construction, renovation activities, and the growing preference for aesthetically pleasing and durable flooring solutions. Countries like China, India, Japan, and South Korea have been leading the market growth, supported by strong manufacturing capabilities, technological advancements, and evolving consumer preferences.
Asia-Pacific Ceramic Tiles Market Size was valued at USD 141.2…
APAC Wallpaper Market to Register Highest CAGR Growth of 8% by 2032: Analysis by …
The APAC wallpaper market has witnessed significant growth in recent years, driven by factors such as rising disposable incomes, expanding construction activities, and growing awareness regarding interior decor. Countries like China, India, Japan, South Korea, and Australia have emerged as key contributors to the region's wallpaper market. Additionally, the increasing adoption of innovative wallpaper designs and patterns is fueling market growth further.
APAC Wallpaper Market Size was valued at USD 0.55…
More Releases for Artificial
Global Artificial Intelligence Market, Global Artificial Intelligence Industry, …
Major players in the artificial intelligence market are Google, IBM, Baidu, Microsoft, Apple Inc., Ipsoft, NVIDIA Corporation, Samsung Electronics Co.Ltd, and Micro Strategy Inc.
The Global Artificial Intelligence Market is expected to grow from USD 28.42 billion in 2019 to USD 40.74 billion in 2020 at a compound annual growth rate (CAGR) of 43.39%. The growth is mainly due to the COVID-19 health emergency across the globe that has led to…
Artificial Iris Market - Industry Analysis, Size, Share, Growth, Trends, and For …
The global Artificial Iris Market is anticipated to gain the market worth of US$ 16.28 million by 2025, expanding at a CAGR of 6.39% during the forecast period 2019-2025. The natural pupil controls the amount of light that enters the eye and people with pupil or iris abnormalities may experience glare or haloes in sunlight or bright artificial light. Patients may also feel self-conscious about the appearance of their eyes…
Global Artificial Organs Market Facts, Figures and Analytical Insights, 2018 to …
Artificial Organs Market Introduction
Artificial organ is an engineered device or tissue that is implanted into the human body. These artificial organs replace a natural organ in order to duplicate a specific function so that the patient can return to a normal life. It is a medical device with biochemical or mechanical function such as lung, heart, liver, kidney, or neurosensory organs.
Artificial organs are surgically implanted or are extra…
Artificial Turf Market – Sophisticated Need 2025 | Artificial Lawn, GrassTex
Global Artificial Turf Market: Overview
Artificial turf has garnered much popularity over the past decades due to the powerful appeal of many of its benefits. It has become a ubiquitous part of schools, colleges, municipalities, and state government buildings. Benefits such as the need for no garnish or irrigation, easy installation, and suitability in enclosed, arched, or enclosed spaces, wherein the lack of adequate sunshine may make the maintenance of natural…
Artificial Turf Market – Global Need Assumptions 2025 | Artificial Lawn, Grass …
Global Artificial Turf Market: Snapshot
Growth opportunities abound in the global market for artificial turf as residential and commercial property owners increasingly focus on ways of keeping lawns green even during the rising incidences of draughts across the globe. Along with providing an easy way of conserving the water otherwise spent on keeping natural grass alive, artificial grass, or artificial turf as it is often referred to, helps eliminate the need…
Artificial Organ Bank Market, Artificial Organ Bank Industry, Global Artificial …
Latest industry research report on: Global Artificial Organ Bank Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts
Organ necessity is surpassing the supply of donated organs. Even today there are loads of patients waiting for organ transplant but not everyone can get it done due to the low supply of organ transplant.According to the American Transplant Foundation in United States about 123,000 patients are waiting…
