Global AI in Retail Market: $36.87B Projected Value by 2030 with Key Players Dominating

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Artificial Intelligence in Retail Market: Global Industry Analysis and Forecast (2024-2030)

Global Artificial Intelligence in Retail Market Poised for Explosive Growth, Reaching $36.87 Billion by 2030

The global Artificial Intelligence (AI) in Retail Market is experiencing a surge, driven by advancements in technology, data analytics, and consumer adoption. Maximize Market Research predicts the market will reach a staggering $36.87 billion by 2030, reflecting a Compound Annual Growth Rate (CAGR) of 23.87% from 2024.

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Market Overview

This comprehensive report by Maximize Market Research offers valuable insights into the current landscape and future potential of the AI in Retail Market. It assesses opportunities, analyzes market segments, and provides growth projections for the forecasted period (2023-2029).

Market Scope

The report equips manufacturers, suppliers, distributors, and investors with a clear understanding of the market. It provides valuable data and information for industry professionals, researchers, journalists, and business analysts.

Research Methodology

Maximize Market Research employs a meticulous research approach, combining primary and secondary methodologies. This ensures the authenticity and validity of the report's conclusions.

Market Dynamics

The report delves into the key drivers, restraints, opportunities, and challenges shaping the AI in Retail Market. This empowers businesses to capitalize on growth factors and mitigate potential risks.

Market Segmentation

The report offers a granular analysis of the market, segmented by:

  • Type: Online & Offline
  • Solution: Product Recommendation, Customer Relationship Management, Visual Search, Virtual Assistant, Price Optimization, and more
  • Technology: Machine Learning & Deep Learning, Natural Language Processing (NLP), and others
  • Deployment Mode: Cloud & On-Premises
  • Application: Predictive Merchandising, Programmatic Advertising, Market Forecasting, In-Store Visual Monitoring, Location-Based Marketing, and others

Market Players

The report provides a competitive landscape analysis, including key players in the AI in Retail space. It details their market share, development plans, and financial performance over the past five years. This empowers businesses to understand their global competitors.

Artificial Intelligence in Retail Solution Providers in North America:
1. IBM Corporation
2. Microsoft Corporation
3. Amazon Web Services
4. Oracle
5. SAP
6. Google Inc.
7. NVIDIA Corporation
8. Intel Corporation
9. Sentient Technologies
10. Numenta Inc.
11. Salesforce
12. ViSenze
13. Inbenta Technologies
14. Interactions LLC
15. Lexalytics Inc.

Artificial Intelligence in Retail Solution Providers in Asia Pacific:
1. Baidu Inc.

Artificial Intelligence in Retail Solution Providers across the world:
1. BloomReach Inc.
2. CognitiveScale Inc.
3. NEXT IT Corp.
4. RetailNext Inc.
5. Salesforce.com Inc.

Regional Analysis

The report offers insights into the market's regional performance, with a focus on North America and Asia Pacific. It analyzes market trends and growth opportunities in these key regions.

Maximize Market Research offers a comprehensive report summary, providing:

  • Tailored insights
  • Strategic recommendations
  • Invaluable data for informed business decisions

To stay ahead of the curve in the competitive AI in Retail Market, access the full report: https://www.maximizemarketresearch.com/market-report/artificial-intelligence-ai-in-retail-market/1893/ 

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