Information Communication and Technology Reports Artificial Intelligence in Retail

North America is expected to have the largest market share while Asia Pacific (APAC) is projected to grow at the highest CAGR during the forecast period. Among the regions, North America is expected to continue to dominate the Artificial Intelligence in Retail Market with the highest market share during the forecast period. This is mainly because of the presence of several developed economies, such as the United States (US) and Canada, and the region’s focus on enhancing the existing solutions. North America hosts the major AI solution providers and is an early adopter of the AI technology. Many retailers in this region have deployed AI-based solutions to optimize their supply chain operations and inventory. AI is helping the retailers in managing and maintaining their customers, and understanding the buying patterns of the consumers. To engage customers and increase the sales turnover, AI technologies are being accepted by both online and offline retail businesses, and this is driving the growth of the market in this region. The APAC region is expected to grow at the highest CAGR during the forecast period. The increasing technology spending in countries such as China and India and the demand for cost-effective, advanced AI-based solutions and services among the retail industry are expected to drive the APAC market growth during the forecast period. Browse Complete Report @ https://www.marketsandmarkets.com/Market-Reports/artificial-intelligence-ai- retail-market-36255973.html Key Target Audience:          AI in retail solutions, platforms, and service providers Research organizations and consulting companies Information security directors/managers Government organizations Consultants/advisory firms Managed service providers AI system providers Venture capitalists, private equity firms, and startup companies AI in retail application builders About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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