Global Commerce Artificial Intelligence Market, By Platform (Ecommerce, and In-Store), Application (Customer Relationship Management, Internet of Things (IoT), Supply Chain Analysis, Virtual Personal Assistants, Fake Review Analysis, Merchandising, Warehouse Automation, Product Recommendation, Customer Service, Ecommerce Marketing, Product Catalogue Optimization, and Fleet Management), Technology (Deep Learning, Machine Learning, Natural Language Processing (NLP), and Others), Implementation (Cloud-Hosting, On-Premise), End User (Retail, Electronics, Food & Beverages, Fashion, Logistics, BFSI), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Commerce Artificial Intelligence Market
Commerce artificial intelligence market is expected to reach USD 1,977.77 million by 2027 witnessing market growth at a rate of 7.87% in the forecast period of 2020 to 2027. Data Bridge Market Research report on commerce artificial intelligence market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
The market is growing owing to the comprehensive expenses in AI-based solutions, and the increasing machineability for judgment creating from trillion bytes of online data. Commerce AI business is developing at a firm movement and is estimated to be propelled by online retailers in e-commerce purchasing, style stores, and repository mechanization. The impeccable keen sightedness of AI in enterprises will transform the purchasing practice, decision building will be responsive and most of the methods will be automated. Also, upcoming technologies like big data will moreover heighten the extent of the market.
This commerce artificial intelligence market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research commerce artificial intelligence market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Commerce Artificial Intelligence Market Scope and Market Size
Commerce artificial intelligence market is segmented on the basis of platform, application, technology, implementation, and end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of platform, the commerce artificial intelligence market is segmented into ecommerce, and in-store.
- On the basis of application, the commerce artificial intelligence market is segmented into customer relationship management, internet of things (IoT), supply chain analysis, virtual personal assistants, fake review analysis, merchandising, warehouse automation, product recommendation, customer service, ecommerce marketing, product catalogue optimization, and fleet management.
- On the basis of technology, the commerce artificial intelligence market is segmented into deep learning, machine learning, natural language processing (NLP), and others.
- On the basis of implementation, the commerce artificial intelligence market is segmented into cloud-hosting, and on-premise.
- On the basis of end use, the commerce artificial intelligence market is segmented into retail, electronics, food & beverages, fashion, logistics, and BFSI.
Commerce Artificial Intelligence Market Country Level Analysis
Commerce artificial intelligence market is analysed and market size, volume information is provided by country, platform, application, technology, implementation, and end user as referenced above.
The countries covered in the market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific (APAC) is expected to offer a lucrative market base due to the growing ratio of disposable earnings, enhanced distribution channels, and leading market players entrance in the e-commerce trading, thus helping the industry to flourish in the province.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Commerce Artificial Intelligence Market Share Analysis
Commerce artificial intelligence market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to commerce artificial intelligence market.
The major players covered in the commerce artificial intelligence market report are Huawei Technologies Co., Ltd., SAMSUNG, Qualcomm Technologies, Inc., NVIDIA Corporation, Apple Inc., Microsoft, MediaTek Inc., AIBrain, ANKI., SoundHound Inc., and Alphabet Inc. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Commerce Artificial Intelligence Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.