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AI in e-Commerce Market Size, Trends, Latest Insights, Analysis and Forecast 2024-2031

06-24-2024 04:43 PM CET | IT, New Media & Software

Press release from: Orion Market Research

AI in e-Commerce Market Size, Trends, Latest Insights, Analysis

Artificial Intelligence (AI) in E-commerce market is anticipated to grow at a significant CAGR of 14.8% during the forecast period (2024-2031). The market growth is attributed to the increased demand for smart logistics and price optimization to offer customized product suggestions and improved customer service globally. AI can evaluate massive volumes of transaction data in real time, and it assists e-commerce in detecting and preventing fraud. AI systems can identify odd patterns or behaviors that might point to fraud using machine-learning techniques.

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/artificial-intelligence-in-e-commerce-market

According to the Business, Management and Economics Engineering, in 2023, Personalization is a top priority, according to surveyed retailers, only 15.0% have fully implemented personalization across channels. Stand out from the crowd with a more personalized message and have one-to-one conversations with customers. Delivering targeted marketing and advertising messages personalized for their customers can increase retention.

Recent Developments

• In January 2024, Microsoft introduced new generative AI and data solutions across the shopper journey, offering copilot experiences through Microsoft Cloud for Retail. A data connector to bring their e-commerce data from Sitecore OrderCloud (preview) into Microsoft Fabric in real time. Under this unified lens, retailers can access insights and tools to proactively improve customer satisfaction and business operations at every touchpoint from storefront to fulfillment.

• In January 2024, PayPal Holdings, Inc. announced six innovations the company is piloting and bringing to market this year to revolutionize commerce through AI-driven personalization for merchants and consumers. The Company introduces reimagined checkout and guest checkout experiences, a new advanced offers platform for merchants, and a new consumer app to earn cash back and give customers more reasons to shop with PayPal.

• In July 2023, Capgemini introduced a new set of generative AI offerings. With the strong generative AI momentum, the company boosted its capabilities across the business and is launching a new set of end-to-end generative AI offerings to deliver a strong pipeline of client opportunities. The company is currently working with Heathrow Airport to elevate the passenger experience by implementing innovative E-commerce and other passenger service solutions through its generative AI for customer experience offer.

Global AI in E-Commerce Market Report Segment

By Component

• Software
• Services

By Deployment

• On-Premises
• Cloud

By Application

• Warehouse Automation
• Supply Chain Analysis
• Customer Relationship Management
• Product Recommendation
• Merchandizing
• Fake Review Analysis
• Customer Service
• Other

A full report of AI in e-Commerce Market available @ https://www.omrglobal.com/industry-reports/artificial-intelligence-in-e-commerce-market

AI in e-Commerce Market Report Segment by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• Adobe Inc.
• AntVoice SAS
• Appier Inc.
• BlueSky Commerce
• Celect, Inc.
• Cortexica Vision Systems Ltd.
• Crobox B.V.
• Deepomatic SAS
• Dynamic Yield Ltd.
• Dynamic Yield Ltd.
• Emarsys eMarketing Systems AG

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.


Visit more report at

https://www.linkedin.com/pulse/scaffold-technology-market-size-trends-latest-arti-vishwakarma-mlsof/

https://www.linkedin.com/pulse/aesthetic-threads-market-increasing-demand-growth-2031-vishwakarma-pyg5f

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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