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LAMEA AI In Retail Market Size, Share & Industry Trends Analysis Report by Technology, Sales Channel, Component, Application, Country and Growth Forecast, 2022-2028

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    Report

  • 139 Pages
  • September 2022
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5673721
The Latin America, Middle East and Africa AI In Retail Market would witness market growth of 27.0% CAGR during the forecast period (2022-2028).

Retailers may improve inventory management by gaining a full understanding of their stores, customers, and items by linking more aspects of their operations and implementing AI. Smart shelves are used in another sort of AI inventory management to detect pricing problems and out-of-stock items right away.

For more current inventories, inventory robots can warn personnel of low stock or missing items. Additionally, checkout systems with computer vision capabilities can immediately reduce product loss. As a result, merchants can manage stores more effectively and free up the time of associates to concentrate on elevating the shopping experience for customers.

The demand for monitoring and surveillance at physical stores, the rise in smart gadgets, and government regulations favoring digitization are all contributing causes to the expansion. The use of AI in the retail sector is based on how firms have conducted business in the last few years. Digital businesses need big data, analytics, and AI because they can revolutionize everything from consumer experiences to business operations.

The South African retail industry is well-established and is still growing in other African nations. According to the Foreign Agricultural Service of the United States Department of Agriculture, retail food sales in South Africa reached $40 billion in 2021, a 0.2% gain from 2020 as the country's economy started to recover from the COVID-19 pandemic's consequences. The expansion came after COVID-19 laws were relaxed and in-store shopping rates increased.

The Brazil market dominated the LAMEA AI In Retail Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $378.9 million by 2028. The Argentina market is experiencing a CAGR of 27.6% during (2022-2028). Additionally, The UAE market would showcase a CAGR of 26.6% during (2022-2028).

Based on Technology, the market is segmented into Machine Learning, Natural Language Processing, Chatbots, Image & Video Analytics, and Swarm Intelligence. Based on Sales Channel, the market is segmented into Omnichannel, Brick & Mortar, and Pure-play Online Retailers. Based on Component, the market is segmented into Solution and Services. Based on Application, the market is segmented into Customer Relationship Management (CRM), Supply Chain & Logistics, Inventory Management, Product Optimization, In-Store Navigation, Payment & Pricing Analytics, and Virtual Assistant. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Intel Corporation, Salesforce.com, Inc., NVIDIA Corporation, Amazon Web Services, Inc. (Amazon.com, Inc.), Google LLC, IBM Corporation, Microsoft Corporation, Oracle Corporation, SAP SE, and ViSenze Pte Ltd.

Scope of the Study

Market Segments Covered in the Report:

By Technology

  • Machine Learning
  • Natural Language Processing
  • Chatbots
  • Image & Video Analytics
  • Swarm Intelligence

By Sales Channel

  • Omnichannel
  • Brick & Mortar
  • Pure-play Online Retailers

By Component

  • Solution
  • Services

By Application

  • Customer Relationship Management (CRM)
  • Supply Chain & Logistics
  • Inventory Management
  • Product Optimization
  • In-Store Navigation
  • Payment & Pricing Analytics
  • Virtual Assistant

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • Intel Corporation
  • Salesforce.com, Inc.
  • NVIDIA Corporation
  • Amazon Web Services, Inc. (Amazon.com, Inc.)
  • Google LLC
  • IBM Corporation
  • Microsoft Corporation
  • Oracle Corporation
  • SAP SE
  • ViSenze Pte Ltd

Unique Offerings from the Publisher

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA AI In Retail Market, by Technology
1.4.2 LAMEA AI In Retail Market, by Sales Channel
1.4.3 LAMEA AI In Retail Market, by Component
1.4.4 LAMEA AI In Retail Market, by Application
1.4.5 LAMEA AI In Retail Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2018, May - 2022, Sep) Leading Players
Chapter 4. LAMEA AI In Retail Market by Technology
4.1 LAMEA Machine Learning Market by Country
4.2 LAMEA Natural Language Processing Market by Country
4.3 LAMEA Chatbots Market by Country
4.4 LAMEA Image & Video Analytics Market by Country
4.5 LAMEA Swarm Intelligence Market by Country
Chapter 5. LAMEA AI In Retail Market by Sales Channel
5.1 LAMEA Omnichannel Market by Country
5.2 LAMEA Brick & Mortar Market by Country
5.3 LAMEA Pure-play Online Retailers Market by Country
Chapter 6. LAMEA AI In Retail Market by Component
6.1 LAMEA Solution Market by Country
6.2 LAMEA Services Market by Country
Chapter 7. LAMEA AI In Retail Market by Application
7.1 LAMEA Customer Relationship Management (CRM) Market by Country
7.2 LAMEA Supply Chain & Logistics Market by Country
7.3 LAMEA Inventory Management Market by Country
7.4 LAMEA Product Optimization Market by Country
7.5 LAMEA In-Store Navigation Market by Country
7.6 LAMEA Payment & Pricing Analytics Market by Country
7.7 LAMEA Virtual Assistant Market by Country
Chapter 8. LAMEA AI In Retail Market by Country
8.1 Brazil AI In Retail Market
8.1.1 Brazil AI In Retail Market by Technology
8.1.2 Brazil AI In Retail Market by Sales Channel
8.1.3 Brazil AI In Retail Market by Component
8.1.4 Brazil AI In Retail Market by Application
8.2 Argentina AI In Retail Market
8.2.1 Argentina AI In Retail Market by Technology
8.2.2 Argentina AI In Retail Market by Sales Channel
8.2.3 Argentina AI In Retail Market by Component
8.2.4 Argentina AI In Retail Market by Application
8.3 UAE AI In Retail Market
8.3.1 UAE AI In Retail Market by Technology
8.3.2 UAE AI In Retail Market by Sales Channel
8.3.3 UAE AI In Retail Market by Component
8.3.4 UAE AI In Retail Market by Application
8.4 Saudi Arabia AI In Retail Market
8.4.1 Saudi Arabia AI In Retail Market by Technology
8.4.2 Saudi Arabia AI In Retail Market by Sales Channel
8.4.3 Saudi Arabia AI In Retail Market by Component
8.4.4 Saudi Arabia AI In Retail Market by Application
8.5 South Africa AI In Retail Market
8.5.1 South Africa AI In Retail Market by Technology
8.5.2 South Africa AI In Retail Market by Sales Channel
8.5.3 South Africa AI In Retail Market by Component
8.5.4 South Africa AI In Retail Market by Application
8.6 Nigeria AI In Retail Market
8.6.1 Nigeria AI In Retail Market by Technology
8.6.2 Nigeria AI In Retail Market by Sales Channel
8.6.3 Nigeria AI In Retail Market by Component
8.6.4 Nigeria AI In Retail Market by Application
8.7 Rest of LAMEA AI In Retail Market
8.7.1 Rest of LAMEA AI In Retail Market by Technology
8.7.2 Rest of LAMEA AI In Retail Market by Sales Channel
8.7.3 Rest of LAMEA AI In Retail Market by Component
8.7.4 Rest of LAMEA AI In Retail Market by Application
Chapter 9. Company Profiles
9.1 Intel Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Product Launches and Product Expansions:
9.1.5.2 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 Salesforce.com, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Product Launches and Product Expansions:
9.2.6 SWOT Analysis
9.3 NVIDIA Corporation
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Product Launches and Product Expansions:
9.3.5.3 Acquisition and Mergers:
9.3.6 SWOT Analysis
9.4 Amazon Web Services, Inc. (Amazon.com, Inc.)
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental Analysis
9.4.4 Recent strategies and developments:
9.4.4.1 Partnerships, Collaborations, and Agreements:
9.4.5 SWOT Analysis
9.5 Google LLC
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.5.2 Product Launches and Product Expansions:
9.5.6 SWOT Analysis
9.6 IBM Corporation
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Regional & Segmental Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Mergers & Acquisition:
9.6.5.2 Product Launches and Product Expansions:
9.6.6 SWOT Analysis
9.7 Microsoft Corporation
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expenses
9.7.5 Recent strategies and developments:
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.7.5.2 Mergers & Acquisition:
9.7.6 SWOT Analysis
9.8 Oracle Corporation
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 Recent strategies and developments:
9.8.5.1 Partnerships, Collaborations & Agreements:
9.8.5.2 Acquisition and Mergers:
9.8.6 SWOT Analysis
9.9 SAP SE
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expense
9.9.5 Recent strategies and developments:
9.9.5.1 Partnerships, Collaborations, and Agreements:
9.9.5.2 Acquisition and Mergers:
9.10. ViSenze Pte Ltd
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Partnerships, Collaborations, and Agreements:
9.10.2.2 Product Launches and Product Expansions:

Companies Mentioned

  • Intel Corporation
  • Salesforce.com, Inc.
  • NVIDIA Corporation
  • Amazon Web Services, Inc. (Amazon.com, Inc.)
  • Google LLC
  • IBM Corporation
  • Microsoft Corporation
  • Oracle Corporation
  • SAP SE
  • ViSenze Pte Ltd

Methodology

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