Report cover image

Global Retail Artificial Intelligence (AI) Growth Opportunities

Publisher Frost & Sullivan
Published Apr 11, 2022
Length 46 Pages
SKU # MC17094504

Description

Global Retail Artificial Intelligence (AI) Growth Opportunities

In this research service, Frost & Sullivan examines the pivotal role of artificial intelligence (AI) in the retail sector. The study will help retailers understand the key trends in the evolving retail AI marketplace as they consider investing in cognitive capabilities. Frost & Sullivan offers insights for stakeholders by identifying AI growth drivers that will facilitate the deployment of AI-based solutions in the retail sector. The research service also examines retailers' growing focus on improving the customer experience through an omnichannel approach (using AI-powered branding and marketing solutions) and enhancing online search and discovery to target potential customers. In addition, the ravages of the ongoing COVID-19 pandemic, technological advancements, and evolving consumer demands are paving the way for the widespread adoption of retail AI technologies, especially in the eCommerce retail segment. This study also offers direction to technology vendors in terms of charting their strategic priorities and building new capabilities to capitalize on the emerging growth opportunities in the retail AI spac

Table of Contents

46 Pages
    • Why is it Increasingly Difficult to Grow?
    • The Strategic Imperative 8™
    • The Impact of the Top Three Strategic Imperatives on the Retail Artificial Intelligence Industry
    • Growth Opportunities Fuel the Growth Pipeline Engine™
    • AI Deployment Among Retail Firms
    • Purpose for Implementing AI Solutions
    • Growth Drivers
    • The COVID-19 Pandemic will Drive AI Adoption in eCommerce Platforms and Online Channels
    • Challenges in AI Implementation in Retail Firms
    • Growth Restraints
    • AI in Retail—Important Trends
    • Trend 1: Rising Demand for AI-powered Branding and Marketing Solutions to Gain Insights from Unstructured Data
    • Trend 2: Retailer Focus on Online Product Search and Discovery to Target Potential Customers
    • Trend 3: Retailer Emphasis on Improving Customer Experience Through the Omnichannel Approach
    • AI-related technologies deployed by retailers
    • NLP is Emerging as an Underlying Technology to Support Different Retail Applications
    • Chatbots and Virtual Agents are Becoming the Core of Retail Operations for Customer Interactions
    • Retailers are Increasingly Using Speech Analytics to Gain Insights from Customer Interactions
    • Computer Vision Tools will Play a Pivotal Role in Improving External Shopping Experiences and Internal Retail Operations
    • Emotion and Sentiment Analysis will Offer Greater Insight Into Customer Behavior
    • Facial Recognition Technologies will Benefit In-store Retail Operations
    • Retail AI—Key Use-cases by Industry Segment (Online and In-store Retail)
    • Retail AI—Key Use-cases by Function
    • Retail AI—Key Use-case Categories Explained
    • Company Profile—Intellias
    • Company Profile—ViSenze
    • Growth Opportunity 1: Chatbots and Virtual Assistants for Effective Interaction with Customers
    • Growth Opportunity 2: Integration of Augmented Reality Solutions to Enhance the Online Customer Experience
    • Growth Opportunity 3: Integrating Cybersecurity Solutions to Secure Consumer Data
    • Respondent Profile

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us