Global Artificial Intelligence (AI) in Retail Market Report (2018-2025) - Analysis and Forecasts by Deployment Type, Retail Type, Technology and Application - ResearchAndMarkets.com

DUBLIN--()--The "Artificial Intelligence in Retail Market 2025 - Global Analysis and Forecasts by Deployment Type, Retail Type, Technology and Application" report has been added to ResearchAndMarkets.com's offering.

Artificial intelligence in retail market is estimated to be US$ 27,238.6 million by 2025 from US$ 712.6 million in 2016.

The growth in market revenue is attributed to proliferating adoption of game-changing technologies, growth in mobile market and emergence of various AI-based start-ups catering to retail industry. Proliferation of enhanced technological awareness and varied product choices among the consumers have resulted into a noteworthy shift in global retail industry landscape. This has further foisted pressure on the traditional retailers to reimagine the strategies for creating and capturing value in order to explore the optimal usage of their assets. Public policy liberalization is also one of the key factors supporting the flow of knowledge, information and resources, further generating pressure on the brick n' mortar retailers to tackle with the lowered entry barriers to the online retailers in the market.

Key Industry Dynamics

Drivers

  • Startups are at the forefront, driving the adoption of AI in retail industry
  • Rapid adoption of game-changing technologies across the retail - value chain
  • Tremendous growth in mobile market is expected to encourage the widespread adoption of AI in retail

Restraints

  • Lack of in-house knowledge and cultural readiness hold back AI adoption
  • High cost and difficulty of implementing new technologies

Opportunities

  • Rising investments in speech analytics technology

Future Trends

  • Artificial intelligence to bridge the gap between online and offline retailing
  • Artificial intelligence enabled virtual mirrors to be major traction in fashion retail industry

Key Topics Covered:

1 Table of Contents

2 Introduction

3 Key Takeaways

4 Artificial Intelligence in Retail Market Landscape

5 Global Artificial Intelligence in Retail Market - Key Industry Dynamics

6 Artificial Intelligence in Retail Market - Global

7 Global Artificial Intelligence in Retail Market Analysis - by Retail Format

8 Global Artificial Intelligence in Retail Market Analysis - by Technology

9 Global Artificial Intelligence in Retail Market Analysis - by Application

10 Global Artificial Intelligence in Retail Market - Geographical Analysis

11 Industry Landscape

12 Competitive Landscape

13 Key Company Profiles

  • Sentient Technologies Holdings Limited
  • Manthan Software Services Pvt. Ltd
  • Focal Systems Inc
  • Microsoft Corporation
  • ViSenze
  • Tata Consultancy Services Limited
  • Salesforce.com Inc
  • Plexure Ltd.
  • Google Inc
  • IBM Watson Group

For more information about this report visit https://www.researchandmarkets.com/research/wvc5vr/global_artificial?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Retail, Artificial Intelligence

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Retail, Artificial Intelligence