Global Artificial Intelligence in Retail Market

Apr 2020| VMR1869A| Verified Market Research

Report Highlights

Artificial Intelligence in Retail Market Size And Forecast

According to Verified Market Research, the Global Artificial Intelligence in Retail Market was valued at USD 1.32 Billion in 2018 and is projected to reach USD 17.01 Billion by 2026, growing at a CAGR of 37.6 % from 2019 to 2026.

Global Artificial Intelligence in Retail Market Outlook

The rising need for monitoring and understanding the physically available retail stores is the key factor, propelling the market growth. In addition, increasing applications and adaption of AI in the retail industry is driving the growth of the market. Furthermore, the demand to enhance customer experience, improve productivity within effective time are some other factors impose a positive outlook on the market. However, the concerns related to data security and privacy, lack of expertise operators are few factors expected to hinder the market growth.

Global Artificial Intelligence in Retail Market Competitive Landscape

The Global Artificial Intelligence in Retail Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Salesforce, IBM Corporation, Amazon Web Services, Sentient technologies, Oracle, SAP, Intel, NVIDIA, Google, Microsoft Corporation and ViSenze.

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