AI in retail market will reach $31.1 billion by 2028, a staggering growth of 24.4% CAGR. Artificial intelligence can help retailers this shopping season give customers the best experience possible. Improvements range from reduced shopping time through omnichannel hybrid customer management to Intelligent chatbot-assisted shopping.
The future of the retail industry seems exciting with the implementation of Artificial Intelligence. The changed shopping behavior post-pandemic has generated lots of interesting data to create a wholesome shopping experience model driven with AI.
View our infographics for a brief idea about the trends driving AI integration in the retail business.