A Global Artificial Intelligence in Retail Market Research Report from Emergen Research has been formulated by analyzing key business details and an extensive geographic spread of the Artificial Intelligence in Retail industry, encompassing key business details and extensive geographical coverage. In addition to providing crucial statistical data about the Artificial Intelligence in Retail market.Get a sample of the report @ [URL]https://www.emergenresearch.com/request-sample/2273[/URL]
The global artificial intelligence in retail market size is expected to reach USD 103.82 Billion in 2032 and register a revenue CAGR of 34.2% during the forecast period, according to the latest analysis by Emergen Research. Increasing awareness of Artificial Intelligence (AI) in the retail industry is a major factor driving the market revenue growth. AI enables retailers to provide a unified customer experience across numerous online, mobile, and in-store platforms. Retailers provide 24/7 customer assistance, answer customer questions, and provide personalized suggestions with AI-powered chatbots and virtual assistants. AI assists marketers in creating better consumer segmentation based on insights from audience data by sifting through massive amounts of data.
To know more about the report @ [URL]https://www.emergenresearch.com/industry-report/artificial-intelligence-in-retail-market[/URL]
Growing strategic initiatives taken by the companies is another factor driving the market revenue growth. For instance, on 30 June 2022, Google Cloud announced a new relationship with H&M Group, a major fashion store. The Swedish company uses Google Cloud's enormous data analytics capabilities and safe, long-term global infrastructure to improve its customer experience and supply chain enablement. Google Cloud works with H&M Group to build a corporate data backbone, which includes a core data platform, data products, and advanced Artificial Intelligence (AI) and Machine Learning (ML) capabilities.
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