Press release
Facial Recognition in the Smart Retail Industry | Alibaba, Amazon, Criteo, Facebook, Google
Facial Recognition Market
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The progress in innovation and technology is redefining the retail industry which has undergone continuous transformation. In 2016, Alibaba founder Jack Ma advocated the “New Retail” concept at the Yunqi Computing Conference. Given Alibaba's leading position in the retail industry, this concept has soon made a splash. According to AliResearch, New Retail is a data-driven, consumer-centric pan-retail business model. This means that data will play a key role in reshaping retailers' competitiveness. As an important measure to capture consumer identity and attribute information, facial recognition is expected to thrive in the retail industry. Smart retail will become a critical market for facial recognition companies.
Companies Profiled in the Report
Alibaba
Amazon
Criteo
IBM
Konica Minolta
McKinsey
Polyvore
Shopzilla
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Table of Contents
1.Introduction to Facial Recognition Technology
2.The Retail Industry has Strong Demand for Data while Transforming
2.1 Transformation Underway
2.2 Customer-centric Retail Model Needs Data Support
3. Demand for Data Brings New Opportunities for Facial Recognition
3.1 Winning Back Lost Consumers as the Start Point of a Consumer-centric Retail Model
3.1.1 Execution is the Key
3.2 Online Retailers Seize Potential Consumers with Retargeting (Data Analytics)
3
....Continued
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