Solution is expected to remain the largest segment in artificial intelligence in the global retail market

An exciting new study from the team of Lucintel found that artificial intelligence in the global retail market is expected to reach $3.2 billion by 2028 with a CAGR of 22.7%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.

Download Brochure of this report by clicking on https://www.lucintel.com/artificial-intelligence-in-the-global-retail-market.aspx.

The artificial intelligence in the global retail market is segmented based on component, technology, sales channel, application, and region. In this market, solution is expected to remain the largest component, and predictive merchandising segment is expected to remain the largest application. Players can benefit from the available opportunities like the growing concern among local retailers about learning about customer preferences and growing adoption and investment in AI-based technologies by start-ups and SMEs in the region.

IBM, Microsoft, SAP SE, Amazon Web Services, and Oracle are some of the major players profiled in this 150 page report.

Request Sample Pages by clicking on https://www.lucintel.com/artificial-intelligence-in-the-global-retail-market.aspx.

Some of the Key Questions answered in this exclusive report are:

Q.1 What are some of the most promising, high-growth opportunities for the artificial intelligence in the global retail market by component (solution and service), technology (image and video analytics, machine learning, natural language processing, etc), sales channel (brick and motor, omnichannel, and pure-play online retailers), application (predictive merchandising, programmatic advertising, market forecasting, etc), and regions?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the artificial intelligence in the global retail market?

Q.4 What are some changing demands of customers in the artificial intelligence in the global retail market?

Q.5 What are the new developments in the artificial intelligence in the global retail market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this artificial intelligence in the global retail area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this artificial intelligence in the global retail market?

This unique report from Lucintel 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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