Global AI in Retail and e-Commerce Market 2019 by Type, Solutions, Applications, Financial Health, Business Statistics and Investment Opportunities to 2025
May 16, 2019
The report on AI in Retail and e-Commerce market 2019, contains an in-depth analysis of the vendors, which includes financial health, business units, key business priorities, SWOT, strategies, and views. By type, solutions, applications, financial health, business statistics and investment opportunities to 2025
Dallas , United States - May 15, 2019 /MarketersMedia/ —
Overview
Globally, the retail industry has become more competitive than ever as customers have plenty of choices while buying any product. The retail sector has become much more diverse because every customer has different and customized needs, which makes it tough for retailers to target a group. AI is now being used by retailers to get real-time and in-depth insights to attract diverse shoppers.
The revolution of AI is changing the customer shopping experience. AI in retail offers several opportunities in the retail space, as retailers have massive customer data available with them. Retailers can now understand their customers better and provide personalized recommendations, which help in retaining the customers and open new revenue streams for retailers. Brick and mortar retailers are spending in AI-based solutions to understand their customers better and enhance their shopping experience. The e-commerce industry is using AI to focus on applications such as product recommendations, search analysis, analyzing consumer sentiments, and promotions.
Request a Sample Copy of this Report@ https://www.orbisresearch.com/contacts/request-sample/3177745
Market Analysis
The global AI in retail and e-commerce market is expected to grow at a CAGR of 42.8% during the forecast period 2019–2025 to reach revenue of $19.37 billion by 2025. Various retail and e-commerce companies are investing in digital technologies such as IoT, AI, and big data to stay ahead of the competition. AI-based solutions are being adopted by retail and e-commerce companies to enhance the performance and to achieve higher profits & business growth. These solutions are also used for critical decision making around sales and merchandising planning, pricing strategies, and product promotions.
Market Segmentation Analysis
The report provides in-depth qualitative insights and validated market forecast or projections based on certain assumptions and historical data. The projections and trends featured in the report have been derived using proven research methodologies and assumptions based on the vendors’ portfolio, blogs, whitepapers, and vendor presentations. Thus, the research report represents every side of the market and is segmented based on regional markets, providers, applications, and organization size.
Competitive Analysis
The report covers and analyzes the AI in retail and e-commerce market. Major vendors across different verticals are planning for high investments in this market, and as a result, the market is expected to grow at an impressive rate in the coming years. The key players are adopting various organic as well as inorganic growth strategies such as mergers & acquisitions, collaborations & partnerships, joint ventures, and few other strategies to be in the strong position in the market.
To make an enquiry on report@ https://www.orbisresearch.com/contacts/enquiry-before-buying/3177745
The prominent vendors covered in the report include:
IBM, SAP, Microsoft, AWS, SAS, JDA Software, Salesforce, Symphony RetailAI, Visenze, and Infinite Analytics among many others. The vendors have been identified based on the portfolio, geographical presence, marketing & distribution channels, revenue generation, and significant investments in R&D. IBM, SAP, AWS, and Microsoft are the key players in the AI in retail and e-commerce market.
In 2017, Godrej Interio, a leading furniture brand in India, collaborated with IBM and selected Watson Commerce for increasing customer engagement and experience. Kroger, one of the America’s largest grocery store chain, and Microsoft partnered in January 2019 for creating high-tech grocery stores. In February 2019, Sansibar Stores partnered with SAP and is using SAP Customer Checkout application for monitoring sales in real time, offering customized discounts, time-related prices, and many more.
The report also includes the complete insights of the industry and aims to provide an opportunity for the emerging and established players to understand the market trends, current scenario, initiatives taken by the government, and the latest technologies related to the market. In addition, it helps the venture capitalists in understanding the companies better and to take informed decisions.
Regional Analysis
Europe held the largest market share in 2018 and is projected to dominate the AI in retail and e-commerce market during the forecast period. Retailers in this region are focusing on loyalty programs to make emotional connections with their customers, by leveraging the power of AI. The growing number of retailers’ partnerships in this region for expanding their services is driving the growth of the market. For example, IKEA, a home goods giant, acquired TaskRabbit, an online platform that connects skilled taskers with customers. In 2018, Metro AG, a Germany-based bricks-and-mortar retailer, invested in a start-up offering AI-based visual recognition solutions for in-store insights.
Benefits
The report provides an in-depth analysis of the AI in retail and e-commerce market. Retailers can make the best use of the available data by deploying AI-based solutions for analyzing customer behavior, buying patterns, preferences so that personalized recommendations can be offered to them. With data-fueled customer insights, retailers can create unforgettable experiences for their customers and build long-term customer loyalty. Visual search is helping online as well as instore retailers to enhance revenue by being able to accurately suggest the product that the customers are looking for, ranging from apparels to household goods & accessories. The report discusses the market in terms of types, solutions, applications, and regions. Further, the report provides details about the major challenges impacting the market growth.
Major Point from Table of Content:
1 Executive Summary
2 Industry Outlook
3 Market Snapshot
4 Market Characteristics
5 By Type
6 By Solutions
7 By Applications
8 By Region
9 Competitive Landscape
10 Vendor Profiles
10.1 IBM Corporation
10.2 SAP
10.3 Microsoft
10.4 Amazon (AWS)
10.5 SAS
Browse full report@ https://www.orbisresearch.com/reports/index/ai-in-retail-and-e-commerce-market
About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
Contact Info:
Name: Hector Costello
Organization: Orbis Research
Address: 4144N Central Expressway, Suite 600, Dallas, Texas - 75204, U.S.A.
Phone: +1 (214) 884-6817; +912064101019
Website: https://www.orbisresearch.com/reports/index/ai-in-retail-and-e-commerce-market
Source: MarketersMedia
Release ID: 513064
More News
‘A Hawaiian son’: Honolulu honours Sun Yat-sen as his landmarks vanish
Eddie Flores pressed the button at a pedestrian crossing on King Street, then pointed across the road. In the spring of 1910, Chinese revolutionary Sun Yat-sen lodged over there, on the second floor of a shop owned by a friend and fellow party member. “It’s no longer there,” said Flores, chairman of the restaurant chain L&L Hawaiian Barbecue. “But we can more or less point out where the building is.” Much of Sun’s Honolulu has to be found this way. The church where he worshipped as a boy was...
Rahul Gandhi calls on opposition parties, civic groups, others to join INDIA bloc protest march on Oct 12
Rahul Gandhi urged opposition parties and civil society groups to join a protest march to the Supreme Court. This protest is scheduled for October 12 and aims to address electoral roll concerns. The march will also demand the resignation of Chief Election Commissioner Gyanesh Kumar. Gandhi emphasized the importance of unity among various groups opposing the current government's actions.
How to track your runner during 2026 Bank of America Chicago Marathon, full list of street closures, schedule of events and more
The highly anticipated 2026 Bank of America Chicago Marathon is set for Sunday, attracting over 55,000 participants. Runners will benefit from a tracking app that offers real-time course updates. The race kicks off and concludes at Grant Park, featuring organized waves for both elite and casual runners. Viewers can follow the event online through various live streaming options. Expect notable street closures across Chicago during the marathon.
Army plans underground protective infrastructure along China, Pakistan borders
The Northern Command has invited tenders, giving time till November 7 for vendors to submit responses for 19 different projects
'Will hit streets': CJP's Abhijeet Dipke says haven’t signed any bond promising not to protest again
Abhijeet Dipke, founder of the Cockroach Janta Party, announced his commitment to protesting Gyanesh Kumar's removal. He claimed no bond was signed to prevent future protests against the Chief Election Commissioner. After being released from custody, Dipke met reporters at Nagpur airport en route to his grandmother's last rites. Delhi Police released a video refuting claims regarding his knowledge of his grandmother's death.
'Will hit streets': CJP's Abhijeet Dipke says haven’t signed any bond promising not to protest again
Abhijeet Dipke, founder of the Cockroach Janta Party, announced his commitment to protesting Gyanesh Kumar's removal. He claimed no bond was signed to prevent future protests against the Chief Election Commissioner. After being released from custody, Dipke met reporters at Nagpur airport en route to his grandmother's last rites. Delhi Police released a video refuting claims regarding his knowledge of his grandmother's death.
School holiday tomorrow (October 12, 2026): Will schools be closed on Monday? Check state-wise updates
School holiday tomorrow: On October 12, 2026, educational institutions across India are expected to function as usual. However, some schools may close due to localized holidays or adverse weather conditions. Parents are encouraged to stay updated through official sources regarding their school's operating status. No overarching holiday has been declared by state authorities for this date, emphasizing the importance of being informed about particular school arrangements.
World looks to you for solutions, carry Tamil culture everywhere, PM Modi urges students
During the golden jubilee celebration at Jaigopal Garodia Hindu Vidyalaya, Prime Minister Narendra Modi inspired students by discussing the pivotal role of youth empowerment. He emphasized their capacity for innovation in addressing global challenges. Modi also celebrated Tamil culture, referencing 'Thirukkural' as an essential life guide, reinforcing his belief that the nation’s future is bright, reflective of today’s youth contributions to societal advancement.
Pamela Anderson’s 15,000-square-foot Canadian garden feeds her community, but she also harvests roses to make face oils
Pamela Anderson has transformed her Canadian estate on Vancouver Island into a 15,000-square-foot vegetable garden that supplies food to her community. But the actress also revealed that she harvest rose hips and makes face oils and all sorts of beauty treatments out of them. The actress has described gardening as a way to reconnect with herself after travelling for work.
Ranji Trophy: Prithvi Shaw fires, Ankit Bawne hits ton on Day 1 in Palam
Ranji Trophy: Prithvi Shaw fires, Ankit Bawne hits ton on Day 1 in Palam
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.