Skip to content
  • Home
  • World News
  • Business
  • Aviation
195 news

195News

All the news that's fit to print

  • Home
  • World News
  • Business
  • Aviation
  • Toggle search form
  • Founding Fathers Products Donates ,000 to Florida Hurricane Relief Efforts
    Founding Fathers Products Donates $50,000 to Florida Hurricane Relief Efforts Business
  • Strategies For Global Cigarettes, Cigars And Cigarillos Market Players In 2022-2031 Market Forecast Period
    Strategies For Global Cigarettes, Cigars And Cigarillos Market Players In 2022-2031 Market Forecast Period World News
  • Intertest, Inc. and Cavitar Ltd. Partner in Weld Inspection Divisions
    Intertest, Inc. and Cavitar Ltd. Partner in Weld Inspection Divisions Business
  • Joint Statement on the U.S.-Japan-Republic of Korea Trilateral Ministerial Meeting
    Joint Statement on the U.S.-Japan-Republic of Korea Trilateral Ministerial Meeting World News
  • Victory for Ukraine, or a Grey Zone? War in Ukraine, Analytics. Alexey Arestovych & Lyudmila Nemirya
    Victory for Ukraine, or a Grey Zone? War in Ukraine, Analytics. Alexey Arestovych & Lyudmila Nemirya World News
  • CommercialLEDLights.com Now Offers Crane Warning Lasers
    CommercialLEDLights.com Now Offers Crane Warning Lasers Business
  • China lockdowns have been weighing on energy markets, says RBC Capital’s Helima Croft
    China lockdowns have been weighing on energy markets, says RBC Capital’s Helima Croft World News
  • War Day 325: war diaries w/Advisor to Ukraine President, Intel Officer @arestovych & #Feygin
    War Day 325: war diaries w/Advisor to Ukraine President, Intel Officer @arestovych & #Feygin World News
Artificial Intelligence (AI) In Retail Market Segments, Driver, Restraints, And Trends

Artificial Intelligence (AI) In Retail Market Segments, Driver, Restraints, And Trends

Posted on June 26, 2024 By NewsEditor

Artificial Intelligence (AI) In Retail Market Segments, Driver, Restraints, And Trends

Artificial Intelligence (AI) In Retail Global Market Report 2024: Market Size, Trends, And Global Forecast 2024-2033

The Business Research Company’s Artificial Intelligence (AI) In Retail Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033

You Can Now Pre Order Your Report To Get A Swift Deliver With All Your Needs
”

— The Business Research Company

LONDON, GREATER LONDON, UK, June 21, 2024 /EINPresswire.com/ — The artificial intelligence (AI) in the retail market size has grown exponentially in recent years, projected to grow from $9.12 billion in 2023 to $11.9 billion in 2024, at a compound annual growth rate (CAGR) of 30.4%. The market is expected to continue its rapid expansion, reaching $34.09 billion by 2028, with a CAGR of 30.1%. This growth is driven by the increasing adoption of AI technologies to enhance and automate various aspects of the retail industry, including inventory management, personalized customer experiences, and operational efficiency.

Digital Transformation Propels Market Growth
The digital transformation in the retail industry is a significant factor driving the growth of artificial intelligence (AI) in the retail market. Digital transformation involves the comprehensive and strategic integration of digital technologies, processes, and capabilities across various aspects of an organization. Retailers globally are adopting digital processes and enhancing customer experiences, leading to a surge in demand for AI solutions. This integration fosters innovation in automation, personalized marketing, and trend prediction, thereby improving operational efficiency and providing valuable insights into customer behavior.

For instance, according to a January 2024 survey by NVIDIA Corporation, 69% of retailers reported increased annual revenue with AI adoption, 72% experienced lower operating costs, and over 60% plan to boost AI investments in the next 18 months. Therefore, the digital transformation in the retail industry is a key driver for the growth of artificial intelligence (AI) in the retail market.

Explore comprehensive insights into the global AI in retail market with a detailed sample report:

Key Players and Market Trends
Major companies operating in the artificial intelligence (AI) in retail market include Google LLC, Microsoft Corporation, Amazon Web Services, Intel Corporation, and International Business Machines Corporation. These companies are focusing on developing advanced technologies, such as cloud-based solutions, to drive innovation and enhance efficiency in the retail sector. Cloud-based solutions refer to computing services delivered over the internet, which offer storage, processing, and software applications without relying on local servers or traditional computing infrastructure.

For instance, in October 2023, Flipkart Private Limited launched Flipkart Commerce Cloud, a platform designed to help retailers worldwide grow their businesses through intelligent and AI-driven solutions. This platform includes a comprehensive marketplace technology stack, retail media solutions, pricing solutions, inventory management, and forecasting solutions, all built using artificial intelligence and machine learning.

Segments:
• By Component: Solution, Service
• By Technology: Machine Learning, Natural Language Processing, Chatbots, Image And Video Analytics, Swarm Intelligence
• By Deployment: Cloud, On-Premise
• By Channel: Omnichannel, Brick And Mortar, Pure-Play Online Retailers
• By Application: Customer Relationship Management, Supply Chain And Logistics In-Store, Navigation Inventory Management, Product Optimization, Payment And Pricing Analytics

Geographical Insights: North America Leading the Market
North America was the largest region in the artificial intelligence (AI) in retail market in 2023. However, Asia-Pacific is expected to be the fastest-growing region during the forecast period. The comprehensive report provides detailed insights into regional dynamics, market trends, and growth opportunities.

Access the complete report for an in-depth analysis of the global AI in retail market:

Artificial Intelligence (AI) In Retail Global Market Report 2024 from TBRC covers the following information:
• Market size data for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.
The Artificial Intelligence (AI) In Retail Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on artificial intelligence (AI) in retail market size, artificial intelligence (AI) in retail market drivers and trends, artificial intelligence (AI) in retail market major players, competitors’ revenues, market positioning, and market growth across geographies. The artificial intelligence (AI) in retail market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

Browse Through More Similar Reports By The Business Research Company:
Artificial Intelligence (AI) Engineering Global Market Report 2024

Artificial Intelligence (AI) In Precision Medicine Global Market Report 2024

Artificial Intelligence In Diabetes Management Global Market Report 2024

About The Business Research Company
The Business Research Company has published over 27 industries, spanning over 8000+ markets and 60+ geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Global Market Model – Market Intelligence Database
The Global Market Model, The Business Research Company’s flagship product, is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets that help its users assess supply-demand gaps.

Contact Information
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293

Oliver Guirdham
The Business Research Company
+44 20 7193 0708
[email protected]
Visit us on social media:
Facebook
X
LinkedIn

Market Research Products, Services, Solutions For Your Business – TBRC

You just read:

News Provided By

June 21, 2024, 16:30 GMT


EIN Presswire’s priority is source transparency. We do not allow opaque clients, and our editors try to be careful about weeding out false and misleading content.
As a user, if you see something we have missed, please do bring it to our attention. Your help is welcome. EIN Presswire, Everyone’s Internet News Presswire™,
tries to define some of the boundaries that are reasonable in today’s world. Please see our
Editorial Guidelines
for more information.



Article originally published on www.einpresswire.com as Artificial Intelligence (AI) In Retail Market Segments, Driver, Restraints, And Trends

World News

Post navigation

Previous Post: Global Smart Hospitals Market Size Sets New Record, Projected at USD 58,777 million by 2025
Next Post: Expands Printing and Shipping Services

Related Posts

  • War Day 210: war diaries w/Advisor to Ukraine President, Intel Officer @arestovych & #Feygin
    War Day 210: war diaries w/Advisor to Ukraine President, Intel Officer @arestovych & #Feygin World News
  • War Day 150: war diaries w/Advisor to Ukraine President, Intel Officer @Alexey Arestovych  & #Feygin
    War Day 150: war diaries w/Advisor to Ukraine President, Intel Officer @Alexey Arestovych & #Feygin World News
  • Day 388: war diaries w/Former Advisor to Ukraine President, Intel Officer  @arestovych  & #Feygin
    Day 388: war diaries w/Former Advisor to Ukraine President, Intel Officer @arestovych & #Feygin World News
  • Joint Statement on the U.S.-Japan-Republic of Korea Trilateral Ministerial Meeting
    EU-U.S. Joint Naval Exercise – United States Department of State World News
  • The Business Benefits of Executive Coaching and Mentoring
    The Business Benefits of Executive Coaching and Mentoring World News
  • War Day 97: war diaries w/ Advisor to Ukraine President, Intel Officer @Alexey Arestovych & #Фейгин
    War Day 97: war diaries w/ Advisor to Ukraine President, Intel Officer @Alexey Arestovych & #Фейгин World News
July 2025
M T W T F S S
 123456
78910111213
14151617181920
21222324252627
28293031  
« Jun    
last celebrity gossip
Gossip Stone - celebrity life and gossip

Recent Posts

  • War in Ukraine. Day 1222: Russians in Dnepr? F-16 Pilot’s Sacrifice. Elections &Miracles. ArestovychJuly 11, 2025
  • Growing Prevalence Of Allergies Fueling The GrowthJuly 10, 2025
  • Bright Pattern and AvanteNow Partner to Deliver IT Service Management with AI-Powered Contact Center CapabilitiesJuly 10, 2025
  • Key Driver Transforming the Calcitonin Salmon Market in 2025July 9, 2025
  • Josh Gustin Named Cavan Solutions’ Vice President of OperationsJuly 9, 2025
Brand Values Content
VUGA Enterprises - media network PR & Marketing
  • War Day 34 :: conversations with @Alexey Arestovych
    War Day 34 :: conversations with @Alexey Arestovych World News
  • Joint Statement on the U.S.-Japan-Republic of Korea Trilateral Ministerial Meeting
    Acting Deputy Secretary Bass’s Meeting with Dutch MFA Secretary General Huijts World News
  • Underwater Robotics Market Trends 2023, Leading Companies Share, Size and Forecast Report By 2028
    Underwater Robotics Market Trends 2023, Leading Companies Share, Size and Forecast Report By 2028 Business
  • A Game-Changing Portable Peeing Device for Men
    A Game-Changing Portable Peeing Device for Men Business
  • War Day 49 :: war chronicles with Advisor to Ukraine President, Intel Officer, Alexey Arestovych
    War Day 49 :: war chronicles with Advisor to Ukraine President, Intel Officer, Alexey Arestovych World News
  • Eternity Inc – Navigating the Financial Landscape with Expertise and Innovation
    Eternity Inc – Navigating the Financial Landscape with Expertise and Innovation Business
  • Digital Textile Printing Market Size, Share, Revenue, Trends And Drivers For 2023-2032
    Digital Textile Printing Market Size, Share, Revenue, Trends And Drivers For 2023-2032 World News
  • Analyzing Growth Drivers, Market Share, Segments, Trends
    Analyzing Growth Drivers, Market Share, Segments, Trends World News
aerospace company
stem cell clinic in kiev
medical spa in miami
Fashion TV free

Copyright © 2023 195 News. All Rights Reserved by Coolaser | Partner of VUGA Enterprises |  Advertising: Get Published

Powered by .