Artificial Intelligence in Retail Market
Artificial Intelligence in Retail Market - Global Industry Assessment & Forecast
Segments Covered
- By Type Online, Offline
- By Technology Machine Learning and Deep Learning, Natural Language Processing, Others (Analytics and Process Automation)
- By Solution Product Recommendation and Planning, Customer Relationship Management, Visual Search, Virtual Assistant, Price Optimization, Payment Services management, Supply chain management and Demand Planning, Others (Website and Content Optimization, Space Planning, Fraud Detection, and Franchise Management)
- By Service Professional Services, Managed Services
- By Deployment Model Cloud, On-Premises
- By Application Predictive Merchandising, Programmatic Advertising, Market Forecasting, In-Store Visual Monitoring and Surveillance, Location-Based Marketing, Other (Real-Time Pricing and Incentives, and Real-Time Product Targeting)
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 3931.04 Million |
Revenue 2030: | USD 40379.07 Million |
Revenue CAGR (2023 - 2030): | 33.80% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | North America |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Sr. No. | Offering | Report Coverage |
1. | Market Size | In terms of Revenue (USD Million) |
2. | Historic Data | 2017 to 2021 |
3. | Forecast Data | 2023 to 2030 |
4. | Market Drivers, Restraints, Opportunities, & Regional Market Trends | Yes |
5. | Market Attractiveness Analysis | Yes |
6. | Segment Analysis | Maximum Segments |
7. | Regional Coverage | 5 Regions |
8. | Country Coverage | Top 22 Countries |
9. | Competitive Landscape and Company Market Share Analysis | Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles. |
10. | Porter’s Five Forces Analysis | Yes. |
11. | Value Chain Analysis | Yes |
12. | PEST Analysis | Yes |
13. | Regulatory Landscape | Yes |
14. | Technology Landscape | Yes |
15. | COVID-19 Impact Analysis | Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics. |
16. | Top startups to watch out for | Yes |
17. | Top 3 Trends to Watch | Yes |
18. | Top 3 Strategies Followed by Major Players | Yes |
19. | Top 3 Predictions by Vantage Market Research | Yes |
20. | Discussion Guide | Yes |
21. | Key Primary Respondents - VERBATIM | Yes |
22. | Transcripts from the Primary Respondents | Additional Cost USD 1,000 |
23. | Others/Miscellaneous |
FAQ
Frequently Asked Question
What is the global demand for Artificial Intelligence in Retail in terms of revenue?
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The global Artificial Intelligence in Retail valued at USD 3931.04 Million in 2022 and is expected to reach USD 40379.07 Million in 2030 growing at a CAGR of 33.80%.
Which are the prominent players in the market?
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The prominent players in the market are IBM (US), Microsoft (US), Amazon Web Services (US), Oracle (US), SAP (Germany), Intel (US), NVIDIA (US), Google (US), Sentient technologies (US), Salesforce (US), and ViSenze (Singapore)".
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 33.80% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Artificial Intelligence in Retail include
- rising adoption of multichannel retailing strategy, the demand of enterprises for streamlining business process, and increasing requirement to enhance customers experience in order to take the advantage of market dynamics
Which region accounted for the largest share in the market?
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North America was the leading regional segment of the Artificial Intelligence in Retail in 2022.