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Artificial Intelligence (AI) in Retail Market, Global Outlook and Forecast 2024-2030

Artificial Intelligence (AI) in Retail Market, Global Outlook and Forecast 2024-2030

  • Published on : 02 April 2024
  • Pages :109
  • Report Code:SMR-7933690

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Report overview

This research report provides a comprehensive analysis of the Artificial Intelligence (AI) in Retail market, focusing on the current trends, market dynamics, and future prospects. The report explores the global Artificial Intelligence (AI) in Retail market, including major regions such as North America, Europe, Asia-Pacific, and emerging markets. It also examines key factors driving the growth of Artificial Intelligence (AI) in Retail, challenges faced by the industry, and potential opportunities for market players.
The global Artificial Intelligence (AI) in Retail market has witnessed rapid growth in recent years, driven by increasing environmental concerns, government incentives, and advancements in technology. The Artificial Intelligence (AI) in Retail market presents opportunities for various stakeholders, including Predictive Merchandising, Programmatic Advertising. Collaboration between the private sector and governments can accelerate the development of supportive policies, research and development efforts, and investment in Artificial Intelligence (AI) in Retail market. Additionally, the growing consumer demand present avenues for market expansion.
The global Artificial Intelligence (AI) in Retail market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period.
China and the United States are two leaders in AI industry. On the AI 100 list (2022) released by CB Insights, the number of companies in the United States ranks first, with more than 70 companies, followed by the United Kingdom, with 8 companies on the list. China and Canada both holds 5 companies on the list. According to data from the China Academy of Information and Communications Technology, the scale of China's core artificial intelligence industry reached ?508 billion in 2022, a year-on-year increase of 18%. From 2013 to November 2022, the cumulative number of patent applications for artificial intelligence inventions in the world reached 729,000, and the cumulative number of applications in China reached 389,000, accounting for 53.4%. However, the Global Artificial Intelligence Innovation Index Report 2021 released by the China Institute of Scientific and Technological Information shows that the overall strength of the United States is still far ahead. The number of artificial intelligence companies in the United States is about 4,670, while China has only 880. China's data center is less than 1/40 of that of the United States.
Key Features:
The research report on the Artificial Intelligence (AI) in Retail market includes several key features to provide comprehensive insights and facilitate decision-making for stakeholders.
Executive Summary: The report provides overview of the key findings, market trends, and major insights of the Artificial Intelligence (AI) in Retail market.
Market Overview: The report provides a comprehensive overview of the Artificial Intelligence (AI) in Retail market, including its definition, historical development, and current market size. It covers market segmentation by Type (e.g., Online Artificial Intelligence, Offline Artificial Intelligence), region, and application, highlighting the key drivers, challenges, and opportunities within each segment.
Market Dynamics: The report analyses the market dynamics driving the growth and development of the Artificial Intelligence (AI) in Retail market. The report includes an assessment of government policies and regulations, technological advancements, consumer trends and preferences, infrastructure development, and industry collaborations. This analysis helps stakeholders understand the factors influencing the Artificial Intelligence (AI) in Retail market's trajectory.
Competitive Landscape: The report provides an in-depth analysis of the competitive landscape within the Artificial Intelligence (AI) in Retail market. It includes profiles of major market players, their market share, strategies, product portfolios, and recent developments.
Market Segmentation and Forecast: The report segment the Artificial Intelligence (AI) in Retail market based on various parameters, such as by Type, region, and by Application. It provides market size and growth forecasts for each segment, supported by quantitative data and analysis. This helps stakeholders identify growth opportunities and make informed investment decisions.
Technological Trends: The report should highlight the key technological trends shaping the Artificial Intelligence (AI) in Retail market, such as advancements in Type One technology and emerging substitutes. It analyses the impact of these trends on market growth, adoption rates, and consumer preferences.
Market Challenges and Opportunities: The report identify and analyses the major challenges faced by the Artificial Intelligence (AI) in Retail market, such as technical bottleneck, cost limitations, and high entry barrier. It also highlights the opportunities for market growth, such as government incentives, emerging markets, and collaborations between stakeholders.
Regulatory and Policy Analysis: The report should assess the regulatory and policy landscape for Artificial Intelligence (AI) in Retail, including government incentives, emission standards, and infrastructure development plans. It should analyse the impact of these policies on market growth and provide insights into future regulatory developments.
Recommendations and Conclusion: The report conclude with actionable recommendations for stakeholders, such as Application One Consumer, policymakers, investors, and infrastructure providers. These recommendations should be based on the research findings and address key challenges and opportunities within the Artificial Intelligence (AI) in Retail market.
Supporting Data and Appendices: The report include supporting data, charts, and graphs to substantiate the analysis and findings. It also includes appendices with additional detailed information, such as data sources, survey questionnaires, and detailed market forecasts.
Market Segmentation
Artificial Intelligence (AI) in Retail market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Online Artificial Intelligence
Offline Artificial Intelligence
Market segment by Application
Predictive Merchandising
Programmatic Advertising
Market Forecasting
In-Store Visual Monitoring and Surveillance
Location-Based Marketing
Other
Global Artificial Intelligence (AI) in Retail Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Major players covered
IBM
Microsoft
Nvidia
Amazon Web Services
Oracle
SAP
Intel
Google
Sentient Technologies
Salesforce
Visenze
Outline of Major Chapters:
Chapter 1: Introduces the definition of Artificial Intelligence (AI) in Retail, market overview.
Chapter 2: Global Artificial Intelligence (AI) in Retail market size in revenue.
Chapter 3: Detailed analysis of Artificial Intelligence (AI) in Retail company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Artificial Intelligence (AI) in Retail in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.