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Research Report on Promising Future of Artificial Intelligence (AI) in Retail Market 2019-2025 by top Players - Focal Systems, Microsoft Corporation, ViSenze, Tata Consultancy Services, Salesforce.com, Plexure, Google, IBM Watson
The research report titled “Global Artificial Intelligence (AI) in Retail Market Outlook to 2025” provides in-depth analysis of Artificial Intelligence (AI) in Retail market in five major geographies and emphasizes on the current market trends, market size, market share, recent developments, and forecast till 2025Artificial intelligence in Retail market is estimated to be US$ 27,238.6 million by 2025 from US$ 712.6 million in 2016.
The purpose of the report is to describe the state of the Artificial Intelligence (AI) in Retail market in the major Regions, to present actual and retrospective information about the volumes, dynamics, structure and characteristics of production, imports, exports and consumption and to build a forecast for the market in the next five years. In addition, the report presents an elaborate analysis of the main market participants, price fluctuations, trends, growth and demand drivers of the market and all other factors, influencing its development.
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The List of companies covered in this Reports are
1. Sentient Technologies Holdings Limited
2. Manthan Software Services Pvt. Ltd
3. Focal Systems Inc
4. Microsoft Corporation
5. ViSenze
6. Tata Consultancy Services Limited
7. Salesforce.com, Inc
8. Plexure Ltd.
9. Google,Inc
10. IBM Watson Group
Artificial intelligence in retail market by application is segmented into Sales & Marketing, Supply-chain & Logistics, Shelf Analytics, Pricing, In-Store Navigation, Auto-checkout and others (staffing and product mix optimization). Customer experience and management is projected to acquire majority share in the market. Digital convergence in retail is considered to bring glowing opportunity for retailers to retail the customer and set themselves apart. In the coming few years, interaction with a variety of technologies such as bots is expected to reinvent the customer experience.
The overall market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, primary interview were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the artificial intelligence and retail industry.
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The Artificial Intelligence (AI) in Retail Market report has been prepared based on an in-depth analysis with inputs from key industry participants. The global Artificial Intelligence (AI) in Retail Market has been segmented into five major regions, namely, North America (U.S., Canada, and others), Europe (U.K., France, Germany, Russia, and others), Asia-Pacific (China, Japan, India, Australia, and others), South America (Brazil, Argentina, and others), and Middle East & Africa (South Africa, Saudi Arabia, and others).
The objectives of this report are as follows:
• To provide overview of the global Artificial Intelligence (AI) in Retail market
• To analyze and forecast the global Artificial Intelligence (AI) in Retail market on the basis of product and industry verticals
• To provide market size and forecast till 2025 for overall Artificial Intelligence (AI) in Retail market with respect to five major regions, namely; North America, Europe, Asia Pacific (APAC) , Middle East and Africa (MEA) , and South America (SAM) , which are later sub-segmented across respective major countries
• To evaluate market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend
• To provide exhaustive PEST analysis for all five regions
• To profiles key Artificial Intelligence (AI) in Retail players influencing the market along with their SWOT analysis and market strategies
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