Regional Analysis
Geographies covered: |
- North America: U.S. and Canada
- Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
- Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
- Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
- Middle East & Africa: GCC Countries, Israel, South Africa, North Africa, Central Africa, and Rest of Middle East
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Virtual Shopping Assistant Market Regional Insights
- North America is expected to be the largest market for virtual shopping assistant during the forecast period, accounting for over 34% of the market share in 2023. The growth of the market in North America is attributed to the early adoption of conversational AI and increasing investments in retail tech.
- Europe is expected to be the second-largest market for virtual shopping assistant, accounting for over 27% of the market share in 2023. The growth of the market in Europe is attributed to the rising demand for Omni channel shopping experiences.
- Asia Pacific is expected to be the fastest-growing market for virtual shopping assistant, with a CAGR of over 22% during the forecast period. The growth of the market in Asia Pacific is attributed to the rapidly expanding e-commerce industry and increasing smartphone penetration.