Product Code: TC 5669
The Artificial intelligence in retail market is estimated to be USD 31.12 billion in 2024 to USD 164.74 billion in 2030 at a CAGR of 32.0% from 2024 to 2030. One of the primary drivers for AI adoption in retail is the growing consumer demand for personalized shopping experiences. AI technologies such as machine learning and natural language processing enable retailers to analyze large volumes of consumer data to understand preferences and behavior patterns. This data-driven insight allows retailers to offer personalized recommendations, targeted promotions, and tailor-made marketing strategies. AI solutions are becoming essential for businesses seeking to enhance customer engagement and satisfaction due to hyper-personalization in the retail market.
Scope of the Report |
Years Considered for the Study | 2019-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Units Considered | USD (Billion) |
Segments | By Offering, Type, Business Function, End-user and Region |
Regions covered | North America, Europe, Asia Pacific, Middle East & Africa, and Latin America |
"During the forecast period, the marketing and sales business function contributed the largest market share in the artificial intelligence in the retail market."
Al in retail is changing the marketing and sales business functions by offering superior tools and business insights that enhance customer engagement, personalize marketing efforts, and optimize sales processes. AI Chatbots and AI virtual assistants can help to improve customers' experience by offering prompt support and helping them navigate throughout the buying process. AI revolutionizes marketing by enabling hyper-personalized campaigns and product recommendations; companies such as Amazon and eBay use AI to analyze customer data and preferences, helping them deliver personalized ads, product suggestions, and promotions. Another application of AIis dynamic pricing, where the prices can change as frequently as in real life depending on the demand, competition, and customers' behavior. AI also assists in managing customer loyalty programs by targeting relevant customers with targeted messages. Generative AI is used to automate content creation for marketing, including emails and advertisements. Some key players at the forefront of using AI in marketing and sales include Alibaba, H&M, and Nike.
"The visual search solution is projected to register the highest CAGR during the forecast period."
Visual search employs AI to make it easier for customers to search for products by uploading images and getting similar products, changing the shopping experience. This technology showcased higher usage in the fashion industry and in home decor. Al-driven visual search tracks customer's search history and needs to provide customized solutions. Visual search technology makes shopping online and offline identical by interconnecting them. Consumers can snap images of the goods they are interested in and conduct a visual search to get their details online. This makes it easier for the customer to buy the needed products, thus increasing convenience. Retailers can also use visual search to manage their stock since they get to keep an eye on their current stock and know when certain products need to be renewed. E-commerce giants such as ASOS have implemented visual search technology to enhance the shopping experience among consumers.
"Middle East & Africa will register the highest growth rate during the forecast period."
Middle Eastern retail market is estimated to grow at a higher growth due to several key factors, such as governments promoting AI adoption and businesses heavily investing in UAE and KSA. The e-commerce sector also compels retailers to explore AI solutions to understand online consumer behavior better and optimize their digital marketing strategies. Additionally, retailers leverage data analytics to improve in-store layouts and visual merchandising, enhancing the overall shopping experience. Presight's strategic alliance with Intel aims to foster advanced AI solutions across the Middle East, indicating a strong trend toward harnessing AI for improved customer insights and enhanced in-store shopping experiences. Developing nations such as South Africa and the UAE are anticipated to see notable growth, driven by e-commerce advancements encouraging retailers to adopt AI-driven strategies.
Breakdown of primaries
The study contains insights from various industry experts, from solution vendors to Tier 1 companies. The break-up of the primaries is as follows:
- By Company Type: Tier 1 - 62%, Tier 2 - 23%, and Tier 3 - 15%
- By Designation: C-level -50%, D-level - 30%, and Managers - 20%
- By Region: North America - 38%, Europe - 15%, Asia Pacific - 35%, Middle East & Africa- 7%, and Latin America- 5%.
The major players in the Artificial intelligence in retail market are Microsoft (US), IBM (US), Google (US), Amazon (US), Oracle (US), Salesforce (US), NVIDIA (US), SAP (Germany), Servicenow (US), Accenture (Ireland), Infosys (India), Alibaba (China), Intel (US), AMD (US), Fujitsu (Japan), Capgemini (France), TCS (India), Talkdesk (US), Symphony AI (US), Bloomreach (US), C3.AI (US), Visenze (Singapore), Pathr.ai (US), Vue.AI (US), Nextail (Spain), Daisy Intelligence (Canada), Cresta (US), Mason (US), Syte(Israel), Trax(Singapore), Feedzai(US) and Shopic(Israel). These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches, enhancements, and acquisitions to expand their artificial intelligence in retail footprint.
Research Coverage
The market study covers the artificial intelligence in retail market size across different segments. It aims to estimate the market size and the growth potential across various segments, including offering, infrastructure platform, application performance platform, security platform, digital experience platform, workforce operations platform, vertical, and region. The study includes an in-depth competitive analysis of the leading market players, their company profiles, key observations related to product and business offerings, recent developments, and market strategies.
Key Benefits of Buying the Report
The report will help market leaders and new entrants with information on the closest approximations of the global artificial intelligence in retail market's revenue numbers and subsegments. It will also help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. Moreover, the report will provide insights for stakeholders to understand the market's pulse and provide them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
Analysis of key drivers (increasing adoption of conversational AI in retail for advice and recommendations, evolving consumer expectations and social commerce integration, enhancing checkout experiences with AI-powered automation, data-driven decision making), restraints (high implementation costs, data privacy and security), opportunities (AI-powered customer engagement, enhanced decision-making with predictive analytics, AI in supply chain optimization) and challenges (addressing rising theft and fraud issues, integration with legacy systems, ethical concerns in AI) influencing the growth of the artificial intelligence in retail market.
Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product and service launches in the artificial intelligence in retail market. Market Development: Comprehensive information about lucrative markets - the report analyses various regions' artificial intelligence in retail markets. Market Diversification: Exhaustive information about new products and services, untapped geographies, recent developments, and investments in the artificial intelligence in retail market. Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players such as Microsoft (US), IBM (US), Google (US), Amazon (US), Oracle (US), Salesforce (US), NVIDIA (US), SAP (Germany), Servicenow (US), Accenture (Ireland), Infosys (India), Alibaba (China), Intel (US), AMD (US), Fujitsu (Japan), Capgemini (France), TCS (India), Talkdesk (US), Symphony AI (US), Bloomreach (US), C3.AI (US), Visenze (Singapore), Pathr.ai (US), Vue.AI (US), Nextail (Spain), Daisy Intelligence (Canada), Cresta (US), Mason (US), Syte (Israel), Trax (Singapore), Feedzai (US) and Shopic (Israel).
TABLE OF CONTENTS
1 INTRODUCTION
- 1.1 STUDY OBJECTIVES
- 1.2 MARKET DEFINITION
- 1.3 STUDY SCOPE
- 1.3.1 MARKET SEGMENTATION
- 1.3.2 INCLUSIONS AND EXCLUSIONS
- 1.4 YEARS CONSIDERED
- 1.5 CURRENCY CONSIDERED
- 1.6 STAKEHOLDERS
2 RESEARCH METHODOLOGY
- 2.1 RESEARCH DATA
- 2.1.1 SECONDARY DATA
- 2.1.1.1 Key data from secondary sources
- 2.1.2 PRIMARY DATA
- 2.1.2.1 Breakup of primary interviews
- 2.1.2.2 Primary interviews with experts
- 2.1.2.3 Key insights from industry experts
- 2.2 MARKET SIZE ESTIMATION METHODOLOGY
- 2.2.1 TOP-DOWN APPROACH
- 2.2.1.1 Supply-side analysis
- 2.2.2 BOTTOM-UP APPROACH
- 2.2.2.1 Demand-side analysis
- 2.3 DATA TRIANGULATION
- 2.4 RESEARCH ASSUMPTIONS
- 2.5 RESEARCH LIMITATIONS
- 2.6 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
- 4.1 ATTRACTIVE OPPORTUNITIES FOR KEY PLAYERS IN ARTIFICIAL INTELLIGENCE IN RETAIL MARKET
- 4.2 ARTIFICIAL INTELLIGENCE IN RETAIL MARKET, BY OFFERING
- 4.3 ARTIFICIAL INTELLIGENCE IN RETAIL MARKET, BY SERVICE
- 4.4 ARTIFICIAL INTELLIGENCE IN RETAIL MARKET, BY BUSINESS FUNCTION
- 4.5 ARTIFICIAL INTELLIGENCE IN RETAIL MARKET, BY TYPE
- 4.6 ARTIFICIAL INTELLIGENCE IN RETAIL MARKET, BY SOLUTION
- 4.7 ARTIFICIAL INTELLIGENCE IN RETAIL MARKET, BY END USER
- 4.8 NORTH AMERICA: ARTIFICIAL INTELLIGENCE IN RETAIL MARKET, TOP THREE SOLUTIONS AND SERVICES
5 MARKET OVERVIEW AND INDUSTRY TRENDS
- 5.1 INTRODUCTION
- 5.2 MARKET DYNAMICS
- 5.2.1 DRIVERS
- 5.2.1.1 Increasing adoption of conversational AI in retail for advice and recommendations
- 5.2.1.2 Evolving consumer expectations and social media integration
- 5.2.1.3 Enhancing checkout experiences with AI-powered automation
- 5.2.1.4 Data-driven decision-making
- 5.2.2 RESTRAINTS
- 5.2.2.1 High implementation costs
- 5.2.2.2 Data privacy and security
- 5.2.3 OPPORTUNITIES
- 5.2.3.1 AI-powered customer engagement
- 5.2.3.2 Enhanced decision-making with predictive analytics
- 5.2.3.3 AI in supply chain optimization
- 5.2.4 CHALLENGES
- 5.2.4.1 Rising theft and fraud issues
- 5.2.4.2 Complexity in integrating with legacy systems
- 5.2.4.3 Ethical concerns in AI
- 5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
- 5.4 PRICING ANALYSIS
- 5.4.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY SOLUTION
- 5.4.2 INDICATIVE PRICING ANALYSIS OF ARTIFICIAL INTELLIGENCE IN RETAIL KEY PLAYERS
- 5.5 SUPPLY CHAIN ANALYSIS
- 5.6 ECOSYSTEM
- 5.7 TECHNOLOGY ANALYSIS
- 5.7.1 KEY TECHNOLOGIES
- 5.7.1.1 Conversational AI
- 5.7.1.2 Autonomous AI & autonomous agent
- 5.7.1.3 AutoML
- 5.7.2 COMPLEMENTARY TECHNOLOGIES
- 5.7.2.1 Edge computing
- 5.7.2.2 Big data analytics
- 5.7.2.3 Cloud computing
- 5.7.3 ADJACENT TECHNOLOGIES
- 5.7.3.1 Blockchain
- 5.7.3.2 Cybersecurity solutions
- 5.8 PATENT ANALYSIS
- 5.8.1 LIST OF MAJOR PATENTS
- 5.9 TRADE ANALYSIS
- 5.9.1 EXPORT SCENARIO OF PROCESSORS AND CONTROLLERS
- 5.9.2 IMPORT SCENARIO OF PROCESSORS AND CONTROLLERS
- 5.10 KEY CONFERENCES AND EVENTS, 2024-2026
- 5.11 TARIFF AND REGULATORY LANDSCAPE
- 5.11.1 TARIFF DATA (HSN: 854231) - PROCESSORS AND CONTROLLERS
- 5.11.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
- 5.11.3 KEY REGULATIONS
- 5.11.3.1 North America
- 5.11.3.1.1 SCR 17: Artificial Intelligence Bill (California)
- 5.11.3.1.2 S1103: Artificial Intelligence Automated Decision Bill (Connecticut)
- 5.11.3.1.3 National Artificial Intelligence Initiative Act (NAIIA)
- 5.11.3.1.4 The Artificial Intelligence and Data Act (AIDA) - Canada
- 5.11.3.2 Europe
- 5.11.3.2.1 The European Union (EU) - Artificial Intelligence Act (AIA)
- 5.11.3.2.2 General Data Protection Regulation (Europe)
- 5.11.3.3 Asia Pacific
- 5.11.3.3.1 Interim Administrative Measures for Generative Artificial Intelligence Services (China)
- 5.11.3.3.2 The National AI Strategy (Singapore)
- 5.11.3.3.3 The Hiroshima AI Process Comprehensive Policy Framework (Japan)
- 5.11.3.4 Middle East & Africa
- 5.11.3.4.1 The National Strategy for Artificial Intelligence (UAE)
- 5.11.3.4.2 The National Artificial Intelligence Strategy (Qatar)
- 5.11.3.4.3 The AI Ethics Principles and Guidelines (Dubai)
- 5.11.3.5 Latin America
- 5.11.3.5.1 The Santiago Declaration (Chile)
- 5.11.3.5.2 The Brazilian Artificial Intelligence Strategy (EBIA)
- 5.12 PORTER'S FIVE FORCES' ANALYSIS
- 5.12.1.1 Threat of new entrants
- 5.12.1.2 Threat of substitutes
- 5.12.1.3 Bargaining power of buyers
- 5.12.1.4 Bargaining power of suppliers
- 5.12.1.5 Intensity of competitive rivalry
- 5.13 KEY STAKEHOLDERS AND BUYING CRITERIA
- 5.13.1 KEY STAKEHOLDERS IN BUYING PROCESS
- 5.13.2 BUYING CRITERIA
- 5.14 EVOLUTION OF ARTIFICIAL INTELLIGENCE IN RETAIL
- 5.15 CASE STUDY ANALYSIS
- 5.15.1 TARGET LEVERAGED GOOGLE CLOUD TO ENHANCE CUSTOMER EXPERIENCES AND ACHIEVE SIGNIFICANT REVENUE GROWTH
- 5.15.2 PRADA GROUP IMPROVED CUSTOMER EXPERIENCE USING ORACLE'S CLOUD SOLUTIONS FOR PERSONALIZED RETAIL STRATEGIES
- 5.15.3 PEPE JEANS INDIA AUGMENTED ONLINE SHOPPING WITH SALESFORCE BY FOCUSING ON DIRECT CONSUMER ENGAGEMENT AND PERSONALIZATION
- 5.15.4 WALMART ENHANCED DIGITAL SHOPPING WITH MICROSOFT'S GENERATIVE AI FOR PERSONALIZED SEARCH AND IMPROVED CX
- 5.15.5 AI-POWERED CHECKOUT-FREE SHOPPING SOLUTION TRANSFORMED RETAIL OPERATIONS OF ITREX GROUP
6 ARTIFICIAL INTELLIGENCE IN RETAIL MARKET, BY OFFERING
- 6.1 INTRODUCTION
- 6.1.1 OFFERINGS: ARTIFICIAL INTELLIGENCE IN RETAIL MARKET DRIVERS
- 6.2 SOLUTIONS
- 6.2.1 PERSONALIZED PRODUCT RECOMMENDATIONS
- 6.2.1.1 AI to help tailor product suggestions based on customer behavior and drive engagement and sales in retail
- 6.2.2 CUSTOMER RELATIONSHIP MANAGEMENT
- 6.2.2.1 AI-driven CRM to automate personalized marketing and customer segmentation and churn prevention strategies
- 6.2.3 VISUAL SEARCH
- 6.2.3.1 Visual search to enable customers find products using images and enhance discovery and shopping experiences
- 6.2.4 VIRTUAL CUSTOMER ASSISTANT
- 6.2.4.1 AI-powered virtual assistants to offer real-time customer support, improving response times and personalization
- 6.2.5 PRICE OPTIMIZATION
- 6.2.5.1 AI-powered price optimization to help retailers adjust prices dynamically based on competition, demand, and market conditions
- 6.2.6 SUPPLY CHAIN MANAGEMENT & DEMAND PLANNING
- 6.2.6.1 AI to optimize retail supply chains by predicting demand and streamlining inventory management
- 6.2.7 VIRTUAL STORES
- 6.2.7.1 AI to offer immersive shopping experiences with AR and VR technologies
- 6.2.8 SMART CHECKOUT
- 6.2.8.1 AI to eliminate wait times and enable frictionless shopping experiences
- 6.2.9 OTHER SOLUTIONS
- 6.3 SERVICES
- 6.3.1 PROFESSIONAL SERVICES
- 6.3.1.1 Professional services in AI for retail to help businesses effectively integrate advanced AI technologies into their operations
- 6.3.1.2 Training & consulting
- 6.3.1.2.1 Optimizing IT operations for improved business performance to propel market
- 6.3.1.3 System integration & deployment
- 6.3.1.3.1 System integration & deployment services to help retailers seamlessly incorporate AI solutions into their existing infrastructure
- 6.3.1.4 Support & maintenance
- 6.3.1.4.1 Support & maintenance services in AI for retail to ensure that AI systems function optimally post-deployment
- 6.3.2 MANAGED SERVICES
- 6.3.2.1 Managed services in AI to provide continuous monitoring and management of AI systems for scalability and efficiency
7 ARTIFICIAL INTELLIGENCE IN RETAIL MARKET, BY TYPE
- 7.1 INTRODUCTION
- 7.1.1 TYPES: ARTIFICIAL INTELLIGENCE IN RETAIL MARKET DRIVERS
- 7.2 GENERATIVE AI
- 7.3 OTHER AI
- 7.3.1 DISCRIMINATIVE MACHINE LEARNING
- 7.3.1.1 ML to optimize retail with personalized recommendations, dynamic pricing, and efficient demand forecasting
- 7.3.2 NATURAL LANGUAGE PROCESSING
- 7.3.2.1 NLP to enhance customer service with AI chatbots and sentiment analysis for personalized, real-time engagement
- 7.3.3 COMPUTER VISION
- 7.3.3.1 Computer vision to revolutionize retail with smart checkouts, visual search, and in-store analytics to boost efficiency
- 7.3.4 PREDICTIVE ANALYTICS
- 7.3.4.1 Predictive analytics to improve demand forecasting, price optimization, and customer targeting in retail operations
8 ARTIFICIAL INTELLIGENCE IN RETAIL MARKET, BY BUSINESS FUNCTION
- 8.1 INTRODUCTION
- 8.1.1 BUSINESS FUNCTIONS: ARTIFICIAL INTELLIGENCE IN RETAIL MARKET DRIVERS
- 8.2 MARKETING & SALES
- 8.2.1 AI TO IMPROVE PERSONALIZED CAMPAIGNS, PRODUCT RECOMMENDATIONS, AND DYNAMIC PRICING IN RETAIL
- 8.3 HUMAN RESOURCES
- 8.3.1 AI TO AUTOMATE RECRUITMENT, WORKFORCE OPTIMIZATION, AND PERSONALIZED TRAINING IN RETAIL HR
- 8.4 FINANCE & ACCOUNTING
- 8.4.1 AI TO SYSTEMATIZE FINANCIAL PROCESSES, SUCH AS BILLING, FORECASTING, AND FRAUD DETECTION IN RETAIL
- 8.5 OPERATIONS
- 8.5.1 AI TO ENHANCE SUPPLY CHAIN OPTIMIZATION, INVENTORY MANAGEMENT, AND LOGISTICS IN RETAIL OPERATIONS
- 8.6 CYBERSECURITY
- 8.6.1 AI TO STRENGTHEN FRAUD DETECTION, DATA SECURITY, AND BIOMETRIC AUTHENTICATION IN RETAIL CYBERSECURITY
9 ARTIFICIAL INTELLIGENCE IN RETAIL MARKET, BY END USER
- 9.1 INTRODUCTION
- 9.1.1 END USERS: ARTIFICIAL INTELLIGENCE IN RETAIL MARKET DRIVERS
- 9.2 ONLINE
- 9.2.1 AI TO REVOLUTIONIZE ONLINE RETAIL BY IMPROVING SHOPPING EXPERIENCE THROUGH PERSONALIZATION, INVENTORY MANAGEMENT, AND REAL-TIME CUSTOMER SUPPORT
- 9.3 OFFLINE
- 9.3.1 ESSENTIAL SECURITY TOOLS TO MONITOR NETWORK TRAFFIC FOR THREATS
- 9.3.2 SUPERMARKETS & HYPERMARKETS
- 9.3.2.1 AI to improve inventory management, customer experience, and operational efficiency with smart checkout and predictive analytics
- 9.3.3 SPECIALTY STORES
- 9.3.3.1 AI to personalize shopping experiences and optimize inventory management in specialty stores
- 9.3.4 CONVENIENCE STORES
- 9.3.4.1 Smart checkout, dynamic pricing, and improved inventory management to ensure operational efficiency and quick service in convenience stores
- 9.3.5 OTHER OFFLINE STORES
10 ARTIFICIAL INTELLIGENCE IN RETAIL MARKET, BY REGION
- 10.1 INTRODUCTION
- 10.2 NORTH AMERICA
- 10.2.1 NORTH AMERICA: MACROECONOMIC OUTLOOK
- 10.2.2 US
- 10.2.2.1 Technological advancements and strategic partnerships to propel market
- 10.2.3 CANADA
- 10.2.3.1 Need for predicting product demand, optimizing inventory, and enhancing personalized customer experiences to drive market
- 10.3 EUROPE
- 10.3.1 EUROPE: MACROECONOMIC OUTLOOK
- 10.3.2 UK
- 10.3.2.1 Need to enhance customer experiences, streamline operations, and optimize inventory management to accelerate market growth
- 10.3.3 ITALY
- 10.3.3.1 Increasing demand for enhanced customer experiences, operational efficiency, and data-driven decision-making to fuel market growth
- 10.3.4 GERMANY
- 10.3.4.1 Need to enhance operational efficiency, customer engagement, and government initiatives to enhance market growth
- 10.3.5 FRANCE
- 10.3.5.1 Integration of AI to enhance customer experiences through personalized recommendations, dynamic pricing, and improved inventory management
- 10.3.6 SPAIN
- 10.3.6.1 Strong emphasis on predictive analytics and focus on mitigating risks and enhancing decision-making investments in retail sector to boost market growth
- 10.3.7 NORDIC COUNTRIES
- 10.3.7.1 Increasing consumer expectations for personalized experiences and operational efficiency to foster market growth
- 10.3.8 REST OF EUROPE
- 10.4 ASIA PACIFIC
- 10.4.1 ASIA PACIFIC: MACROECONOMIC OUTLOOK
- 10.4.2 CHINA
- 10.4.2.1 Strong government support for AI technology, rapid digitalization, and growing consumer demand for personalized and efficient retail experiences to fuel market growth
- 10.4.3 JAPAN
- 10.4.3.1 Labor shortages arising due to aging population, push for operational efficiency in retail sector, and government investments and initiatives to bolster market
- 10.4.4 INDIA
- 10.4.4.1 Rapid eCommerce growth, increasing smartphone penetration, and demand for personalized customer experiences to augment market growth
- 10.4.5 AUSTRALIA & NEW ZEALAND
- 10.4.5.1 Increasing eCommerce activity and need for enhanced customer experience to propel market
- 10.4.6 SOUTH KOREA
- 10.4.6.1 Advanced technological infrastructure, high internet penetration, and implementation of AI National Strategy to accelerate market
- 10.4.7 ASEAN COUNTRIES
- 10.4.8 REST OF ASIA PACIFIC
- 10.5 MIDDLE EAST & AFRICA
- 10.5.1 MIDDLE EAST & AFRICA: MACROECONOMIC OUTLOOK
- 10.5.1.1 UAE
- 10.5.1.1.1 Investments and collaborations aimed at enhancing retail experiences through AI technologies to drive market
- 10.5.1.2 KSA
- 10.5.1.2.1 Substantial investments in AI and establishment of Vision 2030 to foster market growth
- 10.5.1.3 Kuwait
- 10.5.1.3.1 Rapid development of Kuwait Vision 2035 to fuel demand for AI in retail market
- 10.5.1.4 Bahrain
- 10.5.1.4.1 Strategic location, supportive government policies, and growing eCommerce industry to drive market
- 10.5.2 SOUTH AFRICA
- 10.5.2.1 Rise of AI and related technologies during COVID-19 to fuel market growth
- 10.5.3 REST OF MIDDLE EAST & AFRICA
- 10.6 LATIN AMERICA
- 10.6.1 LATIN AMERICA: MACROECONOMIC OUTLOOK
- 10.6.2 BRAZIL
- 10.6.2.1 Influx of foreign eCommerce platforms to boost demand for AI in retail market
- 10.6.3 MEXICO
- 10.6.3.1 Embracing emerging technologies with notable funding from both domestic and international investors to bolster market growth
- 10.6.4 ARGENTINA
- 10.6.4.1 Focus on advancing digital infrastructure to drive market
- 10.6.5 REST OF LATIN AMERICA
11 COMPETITIVE LANDSCAPE
- 11.1 INTRODUCTION
- 11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
- 11.2.1 OVERVIEW OF STRATEGIES ADOPTED BY KEY ARTIFICIAL INTELLIGENCE IN RETAIL MARKET VENDORS
- 11.3 REVENUE ANALYSIS
- 11.4 MARKET SHARE ANALYSIS
- 11.4.1 MARKET RANKING ANALYSIS
- 11.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
- 11.5.1 STARS
- 11.5.2 EMERGING LEADERS
- 11.5.3 PERVASIVE PLAYERS
- 11.5.4 PARTICIPANTS
- 11.5.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
- 11.5.5.1 Company footprint
- 11.5.5.2 Type footprint
- 11.5.5.3 Offering footprint
- 11.5.5.4 Regional footprint
- 11.6 COMPANY EVALUATION MATRIX: START-UPS/SMES, 2023
- 11.6.1 PROGRESSIVE COMPANIES
- 11.6.2 RESPONSIVE COMPANIES
- 11.6.3 DYNAMIC COMPANIES
- 11.6.4 STARTING BLOCKS
- 11.6.5 COMPETITIVE BENCHMARKING: START-UPS/SMES, 2023
- 11.6.5.1 Key start-ups/SMEs
- 11.6.5.2 Competitive benchmarking of key start-ups/SMEs
- 11.7 COMPETITIVE SCENARIOS AND TRENDS
- 11.7.1 PRODUCT LAUNCHES & ENHANCEMENTS
- 11.7.2 DEALS
- 11.8 BRAND/PRODUCT COMPARISON
- 11.9 COMPANY VALUATION AND FINANCIAL METRICS
12 COMPANY PROFILES
- 12.1 KEY PLAYERS
- 12.1.1 IBM
- 12.1.1.1 Business overview
- 12.1.1.2 Products/Solutions/Services offered
- 12.1.1.3 Recent developments
- 12.1.1.3.1 Product enhancements
- 12.1.1.3.2 Deals
- 12.1.1.4 MnM view
- 12.1.1.4.1 Right to win
- 12.1.1.4.2 Strategic choices
- 12.1.1.4.3 Weaknesses and competitive threats
- 12.1.2 AMAZON
- 12.1.2.1 Business overview
- 12.1.2.2 Products/Solutions/Services offered
- 12.1.2.2.1 Deals
- 12.1.2.2.2 Other deals/developments
- 12.1.2.3 MnM view
- 12.1.2.3.1 Right to win
- 12.1.2.3.2 Strategic choices
- 12.1.2.3.3 Weaknesses and competitive threats
- 12.1.3 SALESFORCE, INC.
- 12.1.3.1 Business overview
- 12.1.3.2 Products/Solutions/Services offered
- 12.1.3.3 Recent developments
- 12.1.3.3.1 Product launches and enhancements
- 12.1.3.3.2 Deals
- 12.1.4 ORACLE
- 12.1.4.1 Business overview
- 12.1.4.2 Products/Solutions/Services offered
- 12.1.4.3 Recent developments
- 12.1.5 MICROSOFT
- 12.1.5.1 Business overview
- 12.1.5.2 Products/Solutions/Services offered
- 12.1.5.3 Recent developments
- 12.1.5.4 MnM view
- 12.1.5.4.1 Right to win
- 12.1.5.4.2 Strategic choices
- 12.1.5.4.3 Weaknesses and competitive threats
- 12.1.6 GOOGLE
- 12.1.6.1 Business overview
- 12.1.6.2 Products/Solutions/Services offered
- 12.1.6.3 Recent developments
- 12.1.6.3.1 Product enhancements
- 12.1.6.3.2 Deals
- 12.1.6.4 MnM view
- 12.1.6.4.1 Right to win
- 12.1.6.4.2 Strategic choices
- 12.1.6.4.3 Weaknesses and competitive threats
- 12.1.7 NVIDIA
- 12.1.7.1 Business overview
- 12.1.7.2 Products/Solutions/Services offered
- 12.1.7.3 Recent developments
- 12.1.7.4 MnM view
- 12.1.7.4.1 Right to win
- 12.1.7.4.2 Strategic choices
- 12.1.7.4.3 Weaknesses and competitive threats
- 12.1.8 ACCENTURE
- 12.1.8.1 Business overview
- 12.1.8.2 Products/Solutions/Services offered
- 12.1.8.3 Recent developments
- 12.1.9 SAP SE
- 12.1.9.1 Business overview
- 12.1.9.2 Products/Solutions/Services offered
- 12.1.9.3 Recent developments
- 12.1.10 SERVICENOW
- 12.1.10.1 Business overview
- 12.1.10.2 Products/Solutions/Services offered
- 12.1.10.3 Recent developments
- 12.1.10.3.1 Product enhancements
- 12.1.10.3.2 Deals
- 12.1.11 INFOSYS
- 12.1.11.1 Business overview
- 12.1.11.2 Products/Solutions/Services offered
- 12.1.11.3 Recent developments
- 12.1.12 INTEL CORPORATION
- 12.1.12.1 Business overview
- 12.1.12.2 Products/Solutions/Services offered
- 12.1.12.3 Recent developments
- 12.1.12.3.1 Product launches
- 12.1.12.3.2 Deals
- 12.1.13 AMD
- 12.1.13.1 Business overview
- 12.1.13.2 Products/Solutions/Services offered
- 12.1.13.3 Recent developments
- 12.1.13.3.1 Product enhancements
- 12.1.13.3.2 Deals
- 12.1.14 HUAWEI
- 12.1.14.1 Business overview
- 12.1.14.2 Products/Solutions/Services offered
- 12.1.14.3 Recent developments
- 12.1.14.3.1 Product launches
- 12.1.15 ALIBABA
- 12.1.16 FUJITSU
- 12.1.17 CAPGEMINI
- 12.1.18 TCS
- 12.1.19 TALKDESK
- 12.1.20 SYMPHONY AI
- 12.1.21 BLOOMREACH
- 12.1.22 C3.AI
- 12.2 START-UPS/SMES
- 12.2.1 VISENZE
- 12.2.2 PATHR.AI
- 12.2.3 VUE.AI
- 12.2.4 NEXTAIL
- 12.2.5 DAISY INTELLIGENCE
- 12.2.6 CRESTA
- 12.2.7 MASON
- 12.2.8 SYTE
- 12.2.9 TRAX RETAIL
- 12.2.10 FEEDZAI
- 12.2.11 SHOPIC
13 ADJACENT/RELATED MARKETS
- 13.1 INTRODUCTION
- 13.2 ARTIFICIAL INTELLIGENCE MARKET - GLOBAL FORECAST TO 2030
- 13.2.1 MARKET DEFINITION
- 13.2.2 MARKET OVERVIEW
- 13.2.2.1 Artificial intelligence market, by offering
- 13.2.2.2 Artificial intelligence market, by technology
- 13.2.2.3 Artificial intelligence market, by business function
- 13.2.2.4 Artificial intelligence market, by vertical
- 13.2.2.5 Artificial intelligence market, by region
- 13.3 RETAIL ANALYTICS MARKET - GLOBAL FORECAST TO 2029
- 13.3.1 MARKET DEFINITION
- 13.3.2 MARKET OVERVIEW
- 13.3.2.1 Retail analytics market, by offering
- 13.3.2.2 Retail analytics market, by business function
- 13.3.2.3 Retail analytics market, by application
- 13.3.2.4 Retail analytics market, by end user
- 13.3.2.5 Retail analytics market, by region
14 APPENDIX
- 14.1 DISCUSSION GUIDE
- 14.2 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
- 14.3 CUSTOMIZATION OPTIONS
- 14.4 RELATED REPORTS
- 14.5 AUTHOR DETAILS