Artificial Intelligence In Retail Market to Witness Mounting Growth in Approaching Time

The Artificial Intelligence in Retail market is projected to grow from USD 3.7 billion in 2020 to USD 24.8 billion by 2026 at a CAGR of over 38.1% during the forecast period.

The Artificial Intelligence in Retail Market report has recently been added to Stratview Research’s offering. This report shows lucrative growth opportunities in the industry during the next five-year period and ensures more information regarding the market trends. The following summary will give an overview of the challenges, dynamics, and key market players.

Artificial Intelligence in Retail Market Forecast:

The Artificial Intelligence in Retail market is likely to witness a CAGR of 38.1% during the forecast period. Stratview Research's reports are compiled using several factors gathered from methods including supply chain analyses, demand estimation, key players etc. These strategies aid in analysing any company's strengths and identifying gaps as well as possibilities in order to create a successful roadmap that leads to higher profitability.

Some Key Players mentioned -

The following are the key players mentioned in this report-

  • IBM Corporation (US)
  • Microsoft Corporation (US)
  • Google LLC (US)
  • Amazon Web Services Inc. (US)
  • Oracle Corporation (US)
  • Salesforce.com Inc. (US)
  • SAP SE (Germany)
  • ViSenze Pte Ltd (Singapore)
  • BloomReach, Inc. (US)
  • Symphony RetailAI (US).

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Regional Analysis:

By region, the North America market held the highest market share in 2020 and is projected to grow at a fastest CAGR in the coming years. This is ascribed to large presence of major players, early adoption of new and emerging technologies such as Big Data and AI, surging need for intelligent business processes, and increasing adoption of digital technologies, which bolsters the regional market growth during the review period.

Customization:

Stratview Research also provides customization of the reports. Reach out to us at sales@stratviewresearch.com to customize the given report according to your priority/requirement.

 How decision makers can benefit from this report?

  • The user can estimate regional trends from the output and forecast data up to the given forecast period.
  • Identifying the growth strategies behind the expanding companies made easy.
  • The report enables the users to assess and identify present and future prospects in markets that are most suited to plan growth strategies.
  • This report throws light on all the low-hanging fruits in the market also covers all the key regions and sectors.
  • The user can formulate plans on how to sustain and grow in the market and minimize any negative impact on revenues.

Topics Covered in this report:

Below given are a few of the topics which are covered in this report -

  1. Executive Summary
  2. Artificial intelligence in retail market Environment Analysis
  3. Competitive Analysis
  4. Strategic Growth Opportunities
  5. Market Attractiveness
  6. Company Profile of Key Players

Source:  https://www.stratviewresearch.com/2740/artificial-intelligence-in-retail-market.html

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James McGill

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