Artificial Intelligence In The Global Retail Market Is Expected To Reach $3.2 Billion By 2028- An Exclusive Market Research Report By Lucintel

By Author: Lucintel LLC
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Lucintel's latest market report analyzed that artificial intelligence in the global retail provides attractive opportunities in the predictive merchandising, programmatic advertising, market forecasting, in-store visual monitoring and surveillance, and location-based marketing applications. The artificial intelligence in the global retail market is expected to reach $3.2 billion by 2028 with a CAGR of 22.7%. In this market, solution is the largest segment by component, whereas predictive merchandising is largest by application.
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Based on component, the artificial intelligence in the global retail market is segmented into solution and service. The solution segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to the increasing use of automated technology in response to management issues in the retail industry.
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The Artificial Intelligence in the Global Retail Market is marked by the presence of several big and small players. Some of the prominent players offering artificial intelligence in the global retail include IBM, Microsoft, SAP SE, Amazon Web Services, and Oracle.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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