12/31/2023 0 Comments Syte visual conception ltd![]() Retailers and brands worldwide are rapidly implementing AI technology for optimizing intelligent automation in retail stores. The digital transformation and revolution in the retail industry are driving the adoption of artificial intelligence in the retail sector. The rise in CAGR is attributable to this market’s demand and growth, returning to pre-pandemic levels once the pandemic is over. The Artificial Intelligence in retail market 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. Based on our analysis, the global market exhibited a significant growth of 29.1% in 2020 as compared to the average year-on-year growth during 2017-2019. The global impact of COVID-19 has been unprecedented and staggering, with artificial intelligence (AI) in retail witnessing a negative impact on demand across all regions amid the pandemic. The report covers solutions such as automated inventory management, demand forecasting, customer assistance, predictive analytics, and more to enhance retail operations. Talk to your doctor about where to purchase visual aids.The global Artificial Intelligence in retail market size was USD 3.75 billion in 2020. Visual aids improve both sight and the quality of life for many people.
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