Product ID: SQMIG45C2052
Report ID:
SQMIG45C2052 |
Region:
Global |
Published Date: February, 2024
Pages:
252
|
Tables:
95 |
Figures:
76
Retailers in North America, especially in the United States, employ AI algorithms to extract crucial information from various patterns in data acquired by them. The United States employs the most artificial intelligence in its retail business. For a long time, AI technology was predominantly accepted by the United States, allowing for the formation of new start-ups in the technology field that provide AI services to the retail market.
Europe emerges as the fastest-growing region in the adoption of Artificial intelligence (AI) within the retail sector. However the continent is well endowed with diverse markets, which are mixture of the conventional retail chains and the green pastures of e-commerce trading sites, offer the right ground for the AI-led innovations. European shopkeepers are becoming increasingly aware of the fact AI can provide them with a competitive edge, they use AI to ease supply chains processes, they use AI to personalize customer interaction, and they use AI to predict consumer demand. Additionally, supportive legal frameworks, as well as promotion programs geared toward AI implementation in some segments of European retailing, have breathed new air into this sector.
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Product ID: SQMIG45C2052