The Asia Pacific AI In Retail Market would witness market growth of 25.2% CAGR during the forecast period (2022-2028).
Customers could worry about catching pathogens from point-of-sale devices. Accurately identifying the items in a customer's cart is made feasible by computer vision. Additionally, real-time, audience-relevant advertising can be served out on digital signage that has computer vision built in it to track user engagement.
AI increases opportunities for experience personalization across the retail edge and the cloud. A POS system records information about what was bought, which is then utilized to provide fresh product suggestions for a specific customer. Digital signage gathers information on the types of shoppers and the times they shop so that merchandising can choose the best times to promote products.
All of this results in more precise segmentation and customized consumer experiences based on their behaviors and preferences. For retailers, keeping a precise inventory is a huge concern. Retailers can improve inventory management by gaining a comprehensive understanding of their stores, customers, and products by connecting more components of their processes and implementing AI.
Due to the expansion of digitalization, the Asia Pacific region will experience substantial growth in the coming years. The retail sector is now undergoing transition, which is anticipated to increase demand for cutting-edge technology in the coming years in order to enhance customer experience and operational efficiency in Artificial Intelligence in Retail Market. Due to a rise in the demand for automation technologies to enhance operations and decision-making capacity, the adoption of this technology is anticipated to rise substantially in India.
The China market dominated the Asia Pacific AI In Retail Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,984.6 million by 2028. The Japan market is estimated to grow a CAGR of 24.5% during (2022 - 2028). Additionally, The India market would experience a CAGR of 26% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide AI In Retail Market is Projected to reach USD 24.1 Billion by 2028, at a CAGR of 24.4%
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
By Application
- Customer Relationship Management (CRM)
- Supply Chain & Logistics
- Inventory Management
- Product Optimization
- In-Store Navigation
- Payment & Pricing Analytics
- Virtual Assistant
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
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
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific AI In Retail Market, by Technology
1.4.2 Asia Pacific AI In Retail Market, by Sales Channel
1.4.3 Asia Pacific AI In Retail Market, by Component
1.4.4 Asia Pacific AI In Retail Market, by Application
1.4.5 Asia Pacific 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 KBV 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. Asia Pacific AI In Retail Market by Technology
4.1 Asia Pacific Machine Learning Market by Country
4.2 Asia Pacific Natural Language Processing Market by Country
4.3 Asia Pacific Chatbots Market by Country
4.4 Asia Pacific Image & Video Analytics Market by Country
4.5 Asia Pacific Swarm Intelligence Market by Country
Chapter 5. Asia Pacific AI In Retail Market by Sales Channel
5.1 Asia Pacific Omnichannel Market by Country
5.2 Asia Pacific Brick & Mortar Market by Country
5.3 Asia Pacific Pure-play Online Retailers Market by Country
Chapter 6. Asia Pacific AI In Retail Market by Component
6.1 Asia Pacific Solution Market by Country
6.2 Asia Pacific Services Market by Country
Chapter 7. Asia Pacific AI In Retail Market by Application
7.1 Asia Pacific Customer Relationship Management (CRM) Market by Country
7.2 Asia Pacific Supply Chain & Logistics Market by Country
7.3 Asia Pacific Inventory Management Market by Country
7.4 Asia Pacific Product Optimization Market by Country
7.5 Asia Pacific In-Store Navigation Market by Country
7.6 Asia Pacific Payment & Pricing Analytics Market by Country
7.7 Asia Pacific Virtual Assistant Market by Country
Chapter 8. Asia Pacific AI In Retail Market by Country
8.1 China AI In Retail Market
8.1.1 China AI In Retail Market by Technology
8.1.2 China AI In Retail Market by Sales Channel
8.1.3 China AI In Retail Market by Component
8.1.4 China AI In Retail Market by Application
8.2 Japan AI In Retail Market
8.2.1 Japan AI In Retail Market by Technology
8.2.2 Japan AI In Retail Market by Sales Channel
8.2.3 Japan AI In Retail Market by Component
8.2.4 Japan AI In Retail Market by Application
8.3 India AI In Retail Market
8.3.1 India AI In Retail Market by Technology
8.3.2 India AI In Retail Market by Sales Channel
8.3.3 India AI In Retail Market by Component
8.3.4 India AI In Retail Market by Application
8.4 South Korea AI In Retail Market
8.4.1 South Korea AI In Retail Market by Technology
8.4.2 South Korea AI In Retail Market by Sales Channel
8.4.3 South Korea AI In Retail Market by Component
8.4.4 South Korea AI In Retail Market by Application
8.5 Singapore AI In Retail Market
8.5.1 Singapore AI In Retail Market by Technology
8.5.2 Singapore AI In Retail Market by Sales Channel
8.5.3 Singapore AI In Retail Market by Component
8.5.4 Singapore AI In Retail Market by Application
8.6 Malaysia AI In Retail Market
8.6.1 Malaysia AI In Retail Market by Technology
8.6.2 Malaysia AI In Retail Market by Sales Channel
8.6.3 Malaysia AI In Retail Market by Component
8.6.4 Malaysia AI In Retail Market by Application
8.7 Rest of Asia Pacific AI In Retail Market
8.7.1 Rest of Asia Pacific AI In Retail Market by Technology
8.7.2 Rest of Asia Pacific AI In Retail Market by Sales Channel
8.7.3 Rest of Asia Pacific AI In Retail Market by Component
8.7.4 Rest of Asia Pacific 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:
TABLE 1 Asia Pacific AI In Retail Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific AI In Retail Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– AI In Retail Market
TABLE 4 Product Launches And Product Expansions– AI In Retail Market
TABLE 5 Acquisition and Mergers– AI In Retail Market
TABLE 6 Asia Pacific AI In Retail Market by Technology, 2018 - 2021, USD Million
TABLE 7 Asia Pacific AI In Retail Market by Technology, 2022 - 2028, USD Million
TABLE 8 Asia Pacific Machine Learning Market by Country, 2018 - 2021, USD Million
TABLE 9 Asia Pacific Machine Learning Market by Country, 2022 - 2028, USD Million
TABLE 10 Asia Pacific Natural Language Processing Market by Country, 2018 - 2021, USD Million
TABLE 11 Asia Pacific Natural Language Processing Market by Country, 2022 - 2028, USD Million
TABLE 12 Asia Pacific Chatbots Market by Country, 2018 - 2021, USD Million
TABLE 13 Asia Pacific Chatbots Market by Country, 2022 - 2028, USD Million
TABLE 14 Asia Pacific Image & Video Analytics Market by Country, 2018 - 2021, USD Million
TABLE 15 Asia Pacific Image & Video Analytics Market by Country, 2022 - 2028, USD Million
TABLE 16 Asia Pacific Swarm Intelligence Market by Country, 2018 - 2021, USD Million
TABLE 17 Asia Pacific Swarm Intelligence Market by Country, 2022 - 2028, USD Million
TABLE 18 Asia Pacific AI In Retail Market by Sales Channel, 2018 - 2021, USD Million
TABLE 19 Asia Pacific AI In Retail Market by Sales Channel, 2022 - 2028, USD Million
TABLE 20 Asia Pacific Omnichannel Market by Country, 2018 - 2021, USD Million
TABLE 21 Asia Pacific Omnichannel Market by Country, 2022 - 2028, USD Million
TABLE 22 Asia Pacific Brick & Mortar Market by Country, 2018 - 2021, USD Million
TABLE 23 Asia Pacific Brick & Mortar Market by Country, 2022 - 2028, USD Million
TABLE 24 Asia Pacific Pure-play Online Retailers Market by Country, 2018 - 2021, USD Million
TABLE 25 Asia Pacific Pure-play Online Retailers Market by Country, 2022 - 2028, USD Million
TABLE 26 Asia Pacific AI In Retail Market by Component, 2018 - 2021, USD Million
TABLE 27 Asia Pacific AI In Retail Market by Component, 2022 - 2028, USD Million
TABLE 28 Asia Pacific Solution Market by Country, 2018 - 2021, USD Million
TABLE 29 Asia Pacific Solution Market by Country, 2022 - 2028, USD Million
TABLE 30 Asia Pacific Services Market by Country, 2018 - 2021, USD Million
TABLE 31 Asia Pacific Services Market by Country, 2022 - 2028, USD Million
TABLE 32 Asia Pacific AI In Retail Market by Application, 2018 - 2021, USD Million
TABLE 33 Asia Pacific AI In Retail Market by Application, 2022 - 2028, USD Million
TABLE 34 Asia Pacific Customer Relationship Management (CRM) Market by Country, 2018 - 2021, USD Million
TABLE 35 Asia Pacific Customer Relationship Management (CRM) Market by Country, 2022 - 2028, USD Million
TABLE 36 Asia Pacific Supply Chain & Logistics Market by Country, 2018 - 2021, USD Million
TABLE 37 Asia Pacific Supply Chain & Logistics Market by Country, 2022 - 2028, USD Million
TABLE 38 Asia Pacific Inventory Management Market by Country, 2018 - 2021, USD Million
TABLE 39 Asia Pacific Inventory Management Market by Country, 2022 - 2028, USD Million
TABLE 40 Asia Pacific Product Optimization Market by Country, 2018 - 2021, USD Million
TABLE 41 Asia Pacific Product Optimization Market by Country, 2022 - 2028, USD Million
TABLE 42 Asia Pacific In-Store Navigation Market by Country, 2018 - 2021, USD Million
TABLE 43 Asia Pacific In-Store Navigation Market by Country, 2022 - 2028, USD Million
TABLE 44 Asia Pacific Payment & Pricing Analytics Market by Country, 2018 - 2021, USD Million
TABLE 45 Asia Pacific Payment & Pricing Analytics Market by Country, 2022 - 2028, USD Million
TABLE 46 Asia Pacific Virtual Assistant Market by Country, 2018 - 2021, USD Million
TABLE 47 Asia Pacific Virtual Assistant Market by Country, 2022 - 2028, USD Million
TABLE 48 Asia Pacific AI In Retail Market by Country, 2018 - 2021, USD Million
TABLE 49 Asia Pacific AI In Retail Market by Country, 2022 - 2028, USD Million
TABLE 50 China AI In Retail Market, 2018 - 2021, USD Million
TABLE 51 China AI In Retail Market, 2022 - 2028, USD Million
TABLE 52 China AI In Retail Market by Technology, 2018 - 2021, USD Million
TABLE 53 China AI In Retail Market by Technology, 2022 - 2028, USD Million
TABLE 54 China AI In Retail Market by Sales Channel, 2018 - 2021, USD Million
TABLE 55 China AI In Retail Market by Sales Channel, 2022 - 2028, USD Million
TABLE 56 China AI In Retail Market by Component, 2018 - 2021, USD Million
TABLE 57 China AI In Retail Market by Component, 2022 - 2028, USD Million
TABLE 58 China AI In Retail Market by Application, 2018 - 2021, USD Million
TABLE 59 China AI In Retail Market by Application, 2022 - 2028, USD Million
TABLE 60 Japan AI In Retail Market, 2018 - 2021, USD Million
TABLE 61 Japan AI In Retail Market, 2022 - 2028, USD Million
TABLE 62 Japan AI In Retail Market by Technology, 2018 - 2021, USD Million
TABLE 63 Japan AI In Retail Market by Technology, 2022 - 2028, USD Million
TABLE 64 Japan AI In Retail Market by Sales Channel, 2018 - 2021, USD Million
TABLE 65 Japan AI In Retail Market by Sales Channel, 2022 - 2028, USD Million
TABLE 66 Japan AI In Retail Market by Component, 2018 - 2021, USD Million
TABLE 67 Japan AI In Retail Market by Component, 2022 - 2028, USD Million
TABLE 68 Japan AI In Retail Market by Application, 2018 - 2021, USD Million
TABLE 69 Japan AI In Retail Market by Application, 2022 - 2028, USD Million
TABLE 70 India AI In Retail Market, 2018 - 2021, USD Million
TABLE 71 India AI In Retail Market, 2022 - 2028, USD Million
TABLE 72 India AI In Retail Market by Technology, 2018 - 2021, USD Million
TABLE 73 India AI In Retail Market by Technology, 2022 - 2028, USD Million
TABLE 74 India AI In Retail Market by Sales Channel, 2018 - 2021, USD Million
TABLE 75 India AI In Retail Market by Sales Channel, 2022 - 2028, USD Million
TABLE 76 India AI In Retail Market by Component, 2018 - 2021, USD Million
TABLE 77 India AI In Retail Market by Component, 2022 - 2028, USD Million
TABLE 78 India AI In Retail Market by Application, 2018 - 2021, USD Million
TABLE 79 India AI In Retail Market by Application, 2022 - 2028, USD Million
TABLE 80 South Korea AI In Retail Market, 2018 - 2021, USD Million
TABLE 81 South Korea AI In Retail Market, 2022 - 2028, USD Million
TABLE 82 South Korea AI In Retail Market by Technology, 2018 - 2021, USD Million
TABLE 83 South Korea AI In Retail Market by Technology, 2022 - 2028, USD Million
TABLE 84 South Korea AI In Retail Market by Sales Channel, 2018 - 2021, USD Million
TABLE 85 South Korea AI In Retail Market by Sales Channel, 2022 - 2028, USD Million
TABLE 86 South Korea AI In Retail Market by Component, 2018 - 2021, USD Million
TABLE 87 South Korea AI In Retail Market by Component, 2022 - 2028, USD Million
TABLE 88 South Korea AI In Retail Market by Application, 2018 - 2021, USD Million
TABLE 89 South Korea AI In Retail Market by Application, 2022 - 2028, USD Million
TABLE 90 Singapore AI In Retail Market, 2018 - 2021, USD Million
TABLE 91 Singapore AI In Retail Market, 2022 - 2028, USD Million
TABLE 92 Singapore AI In Retail Market by Technology, 2018 - 2021, USD Million
TABLE 93 Singapore AI In Retail Market by Technology, 2022 - 2028, USD Million
TABLE 94 Singapore AI In Retail Market by Sales Channel, 2018 - 2021, USD Million
TABLE 95 Singapore AI In Retail Market by Sales Channel, 2022 - 2028, USD Million
TABLE 96 Singapore AI In Retail Market by Component, 2018 - 2021, USD Million
TABLE 97 Singapore AI In Retail Market by Component, 2022 - 2028, USD Million
TABLE 98 Singapore AI In Retail Market by Application, 2018 - 2021, USD Million
TABLE 99 Singapore AI In Retail Market by Application, 2022 - 2028, USD Million
TABLE 100 Malaysia AI In Retail Market, 2018 - 2021, USD Million
TABLE 101 Malaysia AI In Retail Market, 2022 - 2028, USD Million
TABLE 102 Malaysia AI In Retail Market by Technology, 2018 - 2021, USD Million
TABLE 103 Malaysia AI In Retail Market by Technology, 2022 - 2028, USD Million
TABLE 104 Malaysia AI In Retail Market by Sales Channel, 2018 - 2021, USD Million
TABLE 105 Malaysia AI In Retail Market by Sales Channel, 2022 - 2028, USD Million
TABLE 106 Malaysia AI In Retail Market by Component, 2018 - 2021, USD Million
TABLE 107 Malaysia AI In Retail Market by Component, 2022 - 2028, USD Million
TABLE 108 Malaysia AI In Retail Market by Application, 2018 - 2021, USD Million
TABLE 109 Malaysia AI In Retail Market by Application, 2022 - 2028, USD Million
TABLE 110 Rest of Asia Pacific AI In Retail Market, 2018 - 2021, USD Million
TABLE 111 Rest of Asia Pacific AI In Retail Market, 2022 - 2028, USD Million
TABLE 112 Rest of Asia Pacific AI In Retail Market by Technology, 2018 - 2021, USD Million
TABLE 113 Rest of Asia Pacific AI In Retail Market by Technology, 2022 - 2028, USD Million
TABLE 114 Rest of Asia Pacific AI In Retail Market by Sales Channel, 2018 - 2021, USD Million
TABLE 115 Rest of Asia Pacific AI In Retail Market by Sales Channel, 2022 - 2028, USD Million
TABLE 116 Rest of Asia Pacific AI In Retail Market by Component, 2018 - 2021, USD Million
TABLE 117 Rest of Asia Pacific AI In Retail Market by Component, 2022 - 2028, USD Million
TABLE 118 Rest of Asia Pacific AI In Retail Market by Application, 2018 - 2021, USD Million
TABLE 119 Rest of Asia Pacific AI In Retail Market by Application, 2022 - 2028, USD Million
TABLE 120 Key Information – Intel Corporation
TABLE 121 Key Information –Salesforce.com, Inc.
TABLE 122 Key Information – NVIDIA Corporation
TABLE 123 Key Information – Amazon Web Services, Inc.
TABLE 124 Key Information – Google LLC
TABLE 125 Key information – IBM Corporation
TABLE 126 key information – Microsoft Corporation
TABLE 127 Key Information – Oracle Corporation
TABLE 128 Key Information – SAP SE
TABLE 129 Key Information – ViSenze Pte Ltd
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2021
FIG 4 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 5 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2018, May – 2022, Sep) Leading Players
FIG 6 Recent strategies and developments: intel corporation
FIG 7 SWOT analysis: Intel corporation
FIG 8 Recent strategies and developments: Salesforce.com, Inc.
FIG 9 SWOT Analysis: Salesforce.com Inc.
FIG 10 Recent strategies and developments: NVIDIA Corporation
FIG 11 SWOT Analysis: NVIDIA Corporation
FIG 12 SWOT analysis: Amazon.com, Inc.
FIG 13 Recent strategies and developments: Google LLC
FIG 14 SWOT Analysis: Alphabet Inc. (Google LLC)
FIG 15 Recent strategies and developments: IBM Corporation
FIG 16 Swot analysis: IBM Corporation
FIG 17 Recent strategies and developments: Microsoft Corporation
FIG 18 SWOT Analysis: Microsoft Corporation
FIG 19 Recent strategies and developments: Oracle Corporation
FIG 20 SWOT analysis: Oracle Corporation
FIG 21 Recent strategies and developments: SAP SE
FIG 22 Recent strategies and developments: ViSenze Pte Ltd