Press release
Revenues from Artificial Intelligence in Retail Market to top $ 27,238.6 million
Description:
According to a new market research report, the Artificial Intelligence in Retail Market is estimated to be US$ 27,238.6 million by 2025 from US$ 712.6 million in 2016.
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The research study of Global Artificial Intelligence in Retail Market 2018-2025 offers a strategic valuation of this Industry. It enhances the top executive level key decision making capabilities by providing In-depth analysis comprising key market players, market forecasts, supply, demand, profit, latest market trends and production information.
The growth in market revenue is attributed to proliferating adoption of game changing technologies, growth in mobile market and emergence of various AI based start-ups catering to retail industry.
Key trend which will predominantly effect the market in coming year is rising adoption of multi-channel or omni channel retailing. In forthcoming years, the retail industry is anticipated to witness higher growth in the trend of Omni channel retailing. Artificial intelligence will be having a key role as this technology would be bridging the gap between online and offline retailing in coming future. Companies like Amazon have already enrooted its focus towards development of an AI enabled offline retail store that would enable the shoppers to move out of the store without waiting in the long queues of billing.
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.
The report contains qualitative and numerical valuation by top industry analysts in this industry, first-hand data along with their most recent verbatim and each industry manufacturers via the market value chain. The industry report focuses on the growth opportunities, which will help the Artificial Intelligence in Retail Market to expand operations in the existing markets globally.
The global Artificial Intelligence in Retail Market report has been strategically curated to fulfil the needs of the customer through in-depth analysis of the Artificial Intelligence in Retail Market that can assist the customer in gaining actionable insights regarding the Artificial Intelligence in Retail Market.
Global Artificial Intelligence in Retail Market – Key Company Profiles :
Sentient Technologies Holdings Limited
Manthan Software Services Pvt. Ltd.
Focal Systems Inc.
Microsoft Corporation
ViSenze
Tata Consultancy Services Limited
com
Plexure Ltd.
IBM Watson Group
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What Information does this report contain?
What was the historic Artificial Intelligence in Retail Market market data from 2018 to 2025?
What is the Artificial Intelligence in Retail Market industry growth forecast from 2018 to 2025?
Which companies lead the Artificial Intelligence in Retail Market industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?
What are the technologies & innovation trends, how will they evolve by 2018 to 2025?
Which are the leading market products, applications & regions and how will they perform by 2025?
A detailed analysis of regulatory trends, drivers, industry pitfalls, challenges and growth opportunities for participants
List of Figures
Figure 1: Global Artificial Intelligence in Retail Market, 2016 & 2025
Figure 2: Artificial Intelligence in Retail Market Segmentation
Figure 3: Artificial Intelligence in Retail Market Segmentation
Figure 4: North America PEST Analysis
Figure 5: Europe PEST Analysis
Figure 6: APAC PEST Analysis
Figure 7: MEA PEST Analysis
Figure 8: SAM PEST Analysis
Figure 9: Global Artificial Intelligence Start-Ups in Retail
Figure 10: Adoption of IoT in retail
Figure 11: Global Smart Phone Subscription Growth
Figure 12: Artificial Intelligence in Retail Market Impact Analysis of Driver and Restraints
Figure 13: Global Artificial Intelligence in Retail Market Revenue and Forecasts to 2025 (US$ Mn)
Figure 14: Global Artificial Intelligence in Retail Market Breakdown By Retail Format, 2016 & 2025
Figure 15: Ecommerce Market Revenue and Forecasts to 2025 (US$ Mn)
Figure 16: Brick ‘n’ Mortar Market Revenue and Forecasts to 2025 (US$ Mn)
Figure 17: Global Artificial Intelligence in Retail Market Breakdown By Technology, 2016 & 2025 (%)
Figure 18: Global Chatbots Market Revenue and Forecasts to 2025 (US$ Mn)
Figure 19: Global Recommendation Engine Market Revenue and Forecasts to 2025 (US$ Mn)
Figure 20: Global Audio Video Analytics Market Revenue and Forecasts to 2025 (US$ Mn)
More to be added………
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Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
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