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Report on Artificial Intelligence in Retail Market 2021 | Market Analysis, Industry Growth, Current Trends, Swot Analysis by 2029 | Amazon Web Services Inc., Google Inc., Infosys Limited, Intel Corporation, IBM Corporation
Artificial Intelligence in Retail Market
Goal to offer most segmented consumption and sales data of several types of Artificial Intelligence in Retail Market, downstream consumption fields, and competitive landscape in numerous regions and countries around the globe, this report studies the latest upcoming market data from the primary and secondary authoritative foundation.
Artificial Intelligence in retail market is expected to grow at CAGR of 38.5% during the forecast period, 2019–2026.
AI provides an opportunistic approach towards bridging the gap between virtual and physical sales channels. For instance, ‘Pepper’, the world’s first personal robot developed by the French company Aldebaran Robotics, can interact with customers and understand human emotions. Developments such as these underline companies’ efforts towards enhancing brand engagement.
The report also suggests the latest market dynamics, such as key driving factors, key restraining factors, and industry news such as mergers, acquisitions, and investments. It provides market size (value and volume), industry share, market growth rate by types, applications, end-user and combines both qualitative and quantitative techniques to make micro and macro predictions in numerous regions or countries in the world.
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Drivers of Artificial Intelligence in Retail Market Reports:
Rising little and medium enterprises can accelerate market growth within the forecast period.
Increasing demand for consistent application performance will drive market growth.
Rapid development within internet traffic is another issue boosting this market growth.
In 2016, Pepper partnered with b8ta to enhance brand engagement and drive traffic and sales as a dynamic in-store brand ambassador. The partnership yielded a 70% increase in foot traffic, offering a futuristic approach towards front-end experience in retail locations.
Keyword Market Major Prominent Players:
Amazon Web Services Inc., Google Inc., Infosys Limited, Intel Corporation, IBM Corporation, Microsoft Corporation, Numenta Inc., NVIDIA Corporation, Oracle Corporation, Salesforce.com Inc., SAP SE, Sentient Technologies, and ViSenze Pte Ltd.
The report emphasizes the top key vendors in terms of top brands, worldwide region, type, end-user, profiles, product analysis, sales, price, revenue, and gross margin in the future.
Market Chains:
Availability of restricted information measure suppliers can restrain the industry growth.
Complexity related to the network will limit the development of this market.
The high value of the appliance delivery controller will hamper the market growth.
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This report estimates revenue growth at global, regional, and country levels and offers an analysis of the latest industry trends and business growth factors in each of the sub-segments from 2017 to 2029. For this study, Straits Research has segmented the global Artificial Intelligence in Retail market report based on product, distribution channel, application, and region:
By Type: Online, Offline,
By Component: Solution, Services,
By Technology: Machine Learning, Natural Language Processing (NLP), Analytics, Others,
By Application: Predictive Merchandising, Programmatic Advertising, In-store visual Monitoring and Surveillance, Others,
Report Includes
An overview of the top Artificial Intelligence in Retail companies and detailed description of their main business segments, products, financial performance, and developments & strategies.
Analyses of Artificial Intelligence in Retail Market trends, with data from 2020, estimates for 2021, and projections of compound annual growth rates (CAGRs) through 2029.
Information on types of Artificial Intelligence in Retail Market tasks and identification of their capabilities with the greatest commercial potential.
Analysis of the key drivers and constraints that will shape the market in the future.
Coverage of segmental and regional performance, technology advancements, and awards & recognitions of these top companies.
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