ARTIFICIAL INTELLIGENCE IN E COMMERCE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Artificial Intelligence (AI) is revolutionizing almost every industry by making processes more efficient through machine learning and predictive analysis. In the rapidly growing e commerce industry, AI is enabling personalized shopping experiences for customers through recommendation engines, product search, predictive analytics, customer service chatbots, and more. AI algorithms can analyze massive online shopping datasets to understand individual customer preferences and buying patterns. This data driven personalized approach is helping e commerce companies increase sales and build stronger customer loyalty in the highly competitive online retail space. AI is poised to transform the trillion-dollar global e commerce industry by improving operations, logistics, supply chain management and delivering enhanced digital shopping experiences.

Market Dynamics:

The global artificial intelligence in e commerce market is driven by the ability of AI to analyze huge volumes of customer shopping data and transactions to offer personalized product recommendations and digital experiences. AI improves customer retention by understanding buying habits and preferences. Ease of integrating AI solutions is also boosting the market. However, lack of qualified AI skills and high costs of deployment are restraining the market growth. The opportunity lies in adoption of AI across emerging markets and integration of computer vision and natural language processing for advanced customer support.

Key features of the study:

- This report provides in-depth analysis of the global artificial intelligence in e commerce market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year

- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

- It profiles key players in the global artificial intelligence in e commerce market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies

- Key companies covered as a part of this study include Amazon.com, Inc., AntVoice SAS, Appier Inc., Celect, Inc., Cortexica Vision Systems Ltd., Crobox B.V., Deepomatic SAS, Dynamic Yield Ltd., Eversight, Inc., Granify Inc., LivePerson, Inc., Manthan Software Services Pvt. Ltd., PayPal, Inc., Reflektion, Inc., and Riskified

- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

- The global artificial intelligence in e commerce market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global artificial intelligence in e commerce market.

Detailed Segmentation-

• By Technology Insights (Revenue, USD Bn, 2019 - 2031)
  • Machine Learning
  • Natural Language Processing (NLP)
  • Computer Vision
  • Chatbots and Virtual Assistants
•  By Deployment Insights (Revenue, USD Bn, 2019 - 2031)
  • On-premises
  • Cloud-based
•  By Vertical Insights (Revenue, USD Bn, 2019 - 2031)
  • B2B (Business to Business)
  • B2C (Business to Consumer)
• Regional Insights (Revenue, USD Bn, 2019 - 2031)
  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • U.K.
    • Spain
    • France
    • Italy
    • Russia
  • Rest of Europe
    • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • ASEAN
    • Rest of Asia Pacific
  • Middle East
    • GCC Countries
    • Israel
    • Rest of Middle East
  • Africa
    • South Africa
    • North Africa
    • Central Africa
• Key Players Insights
  • AntVoice SAS
  • Appier Inc.
  • Celect, Inc.
  • Cortexica Vision Systems Ltd.
  • Crobox B.V.
  • Deepomatic SAS
  • Dynamic Yield Ltd.
  • Eversight, Inc.
  • Granify Inc.
  • LivePerson, Inc.
  • Manthan Software Services Pvt. Ltd.
  • PayPal, Inc.
  • Reflektion, Inc.
  • Riskified