Urology Surgical Market: Industry Research Report 2018-2025 Artificial Intelligence in Retail Market 2018-2025 | Page 2
Artificial Intelligence in Retail Market
Publication Month: Feb 2018 | No. of Pages: 150 | Report Code:
TIPTE100000703 | Category: Technology, Media and Telecomunications
Introduction:
Global artificial intelligence in retail market is expected to grow from US$ 712.6 million in 2016 to US$ 27,238.6
million by 2025 at a CAGR of 51.2% between 2017 and 2025.
Inception of exponential technologies such as sensors, robotics, virtual reality, and artificial intelligence in the
retail industry has enabled the retailers to enhance their interactions with consumers and transformed the way
retail operations were performed. This change in the industry is prominently driven by the seismic shift in the
shopping pattern of the consumers, and their preferences backed by demographic dividend across regions.
The report focuses on an in-depth segmentation of this market based by retail format, technology, and
application. The geographic segmentation of the report covers five major regions including; North Americas,
Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA). The regional market has been
further bifurcated by respective countries. By application segment customer experience and management
accounted for the largest share of the artificial intelligence in retail market in 2016; whereas, APAC region is
expected to grow at the highest CAGR during the forecast period.
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