Artificial Intelligence in Retail Market Demand Overview, Growth Innovation, Latest Trends and Business Forecast By 2029

 The global “Artificial Intelligence in Retail Market” is expected to rise with an impressive CAGR and generate the highest revenue by 2026. Fortune Business Insights™ in its latest report published this information. The report is titled " Artificial Intelligence in Retail Market Size, Share and Trends Forecast". The report discusses research objectives, research scope, methodology, timeline, and challenges during the entire forecast period.

The global Artificial Intelligence in retail market size was USD 3.75 billion in 2020 and is expected to grow from USD 4.84 billion in 2021 to USD 31.18 billion in 2028, at a CAGR of 30.5% in the 2021-2028 period. 

Read More: 

https://www.fortunebusinessinsights.com/artificial-intelligence-ai-in-retail-market-101968


LIST OF KEY COMPANIES PROFILED:

  • com, Inc. (Washington, U.S.)
  • Google LLC (California, U.S.)
  • IBM Corporation (New York, U.S.)
  • Intel Corporation (California, U.S.)
  • Microsoft Corporation (Washington, U.S.)
  • Nvidia Corporation (California, U.S.)
  • Oracle Corporation (California, U.S.)
  • SAP SE (Walldorf, Germany)
  • com, Inc. (California, U.S.)
  • Talkdesk, Inc. (California, U.S.)

Driver: Increasing Rate of Recovery of Financial Losses to Stimulate Artificial Intelligence in Retail Market Growth

The increase in the rate of recovery of financial losses is anticipated to augment the growth of the Artificial Intelligence in Retail Market within the estimated period. Artificial Intelligence in Retail Market helps all organizations and enterprises mitigate losses from a variety of incidents that take place every day, from a data breach involving sensitive customer information to network damage and disruption. Though does not protect any organization against the hack itself, it does offer help before, during, and after an attack. Further, it also helps with the costs associated with remediation, including payment for legal assistance, crisis communicators, investigators, and customer credits or refunds. However, the lack of awareness related to Artificial Intelligence in Retail Market Moreover, the increasing adoption of artificial intelligence and blockchain technology for risk analytics is further anticipated to support the growth in the years to come.

 

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