Connect with us
MARE BALTICUM Gaming & TECH Summit 2024

Artificial Intelligence

Global Artificial Intelligence in Retail Market Analysis and Growth Forecast Report 2021-2022 & 2030: Rising Demand for Ai-Based Chatbots & Growing Adoption of Ai-Based Image Recognition Technology

Published

on

Dublin, May 31, 2022 (GLOBE NEWSWIRE) — The “Artificial Intelligence in Retail Market Research Report: By Offering, Technology – Global Industry Analysis and Growth Forecast to 2030” report has been added to ResearchAndMarkets.com’s offering.

By 2025, e-commerce sales are expected to reach $7.3 trillion, which will drive the AI in retail market value to $36,462.5 million by 2030 from an estimated $1,714.3 million in 2021

This is because retailers are using AI to offer personalized services and product recommendations and predict consumer behavior. AI is also being leveraged by e-commerce platforms for accurate demand forecasting, supply chain planning, and real-time customer intelligence gathering.

Among all the AI solutions designed for retailers, recommendation engines are the most popular. Online retailers are using them to study customers’ activity on the internet and recommend related products and services based on it. Since marketing everything to everyone, like in TVs and newspapers, doesn’t always give the desired returns, retailers are marketing only the products and services that customers are interested in, using recommendation engines.

The COVID-19 pandemic has accelerated such activities, thus affecting the AI in retail market positively. In 2020, lockdowns forced people inside their homes, which led to a sharp surge in the number of online shoppers. As per the United Nations, the top 13 online shopping platforms witnessed an over 20% increase in sales in 2020.

In the coming years, the aftereffects of the pandemic will drive the AI in retail market at the highest rate in Asia-Pacific (APAC). As per the UN, most of the 13 companies that witnessed the massive jump in sales in 2020 were based in the U.S. and China.

Moreover, online sales in China, Australia, and Singapore in 2020 grew by 24.9%, 9.4%, and 11.7%, respectively, faster than in 2019. This is also credited to the increasing sale of smartphones and rising penetration of the internet here.

Key Findings of AI in Retail Market Report

  • In the coming years, the demand for related services will rise faster among retailers adopting AI solutions. Services offered by AI vendors include data management, software monitoring, training, and system maintenance and support.
  • Machine learning is the most-widely used technology among AI in retail market end users as it allows them to enhance customers’ shopping experience by making accurate purchase recommendations.
  • Natural language processing (NLP) is another popular AI technology among retailers because it understands and processes human language, thereby allowing users to offer personalized shopping experiences.
  • Moreover, AI is now being utilized for marketing via multiple channels, primarily to analyze in-store consumer behavior and for e-mail marketing and campaign management.
  • Seeing the vast benefit AI offers, major retailers are increasing their investments in allied technologies. For instance, IKEA has acquired Geomagical Labs, which offers augmented reality and AI solutions.
  • Similarly, in April 2019, Reliance Jio Digital Services Ltd. finalized plans for the acquisition of an 87.0% stake in AI-driven conversational platform Haptik Inc.

Key Topics Covered:

Chapter 1. Research Background

Chapter 2. Research Methodology

Chapter 3. Executive Summary

Chapter 4. Introduction
4.1 Definition of Market Segments
4.1.1 by Offering
4.1.1.1 Solution
4.1.1.1.1 Chatbot
4.1.1.1.2 Crm
4.1.1.1.3 Price Optimization
4.1.1.1.4 Recommendation Engine
4.1.1.1.5 Scm
4.1.1.1.6 Visual Search
4.1.1.1.7 Others
4.1.1.2 Service
4.1.1.2.1 Professional
4.1.1.2.2 Managed
4.1.2 by Technology
4.1.2.1 Machine Learning
4.1.2.2 Nlp
4.1.2.3 Computer Vision
4.1.2.4 Others
4.2 Value Chain Analysis
4.3 Market Dynamics
4.3.1 Trends
4.3.1.1 Adoption of Ai for Multi-Channel Marketing
4.3.2 Drivers
4.3.2.1 Growing E-Retail Industry
4.3.2.2 Increasing Investments in Ai by Retail Companies
4.3.3 Restraints
4.3.3.1 Lack of Qualified Ai Professionals
4.3.3.2 High Cost of Ai-Based Solutions
4.3.4 Opportunities
4.3.4.1 Rising Demand for Ai-Based Chatbots
4.3.4.2 Growing Adoption of Ai-Based Image Recognition Technology
4.4 Impact of Covid-19 on Ai in Retail Market
4.5 Porter’s Five Forces Analysis

Chapter 5. Global Market Size and Forecast
5.1 by Offering
5.1.1 Solution Market, by Type
5.1.2 Service Market, by Type
5.2 by Technology
5.3 by Region

Chapter 6. North America Market Size and Forecast
6.1 by Offering
6.1.1 Solution Market, by Type
6.1.2 Service Market, by Type
6.2 by Technology
6.3 by Country

Chapter 7. Europe Market Size and Forecast

Chapter 8. APAC Market Size and Forecast

Chapter 9. LATAM Market Size and Forecast

Chapter 10. MEA Market Size and Forecast

Chapter 11. Competitive Landscape
11.1 Ranking of Key Players
11.2 Competitive Benchmarking of Key Players
11.3 Key Players and Their Offerings
11.4 Strategic Developments of Key Players
11.4.1 Partnerships and Collaborations
11.4.2 Mergers and Acquisitions
11.4.3 Others

Chapter 12. Company Profiles
12.1 Business Overview
12.2 Product and Service Offerings
12.3 Key Financial Summary

  • International Business Machines (IBM) Corporation
  • Microsoft Corporation
  • Google LLC
  • Salesforce.Com Inc.
  • Oracle Corporation
  • Sap Se
  • Accenture plc
  • Infosys Limited
  • Intel Corporation
  • Amazon.Com Inc.
  • Visenze Pte. Ltd.
  • Evolv Technology Solutions Inc.

For more information about this report visit https://www.researchandmarkets.com/r/jez5va

Attachment


GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

Military Cybersecurity Market to Reach $68.5 Billion, Globally, by 2033 at 15.4% CAGR: Allied Market Research

Published

on

military-cybersecurity-market-to-reach-$685-billion,-globally,-by-2033-at-15.4%-cagr:-allied-market-research

PORTLAND, Ore., May 20, 2024 /PRNewswire/ — Allied Market Research published a report, titled, “Military Cybersecurity Market by Type (Endpoint Security Solutions, Network Security Solutions, Content Security Solutions), Deployment (On-Premises, Cloud), and Solution (Threat Intelligence and Response Management, Identity and Access Management, Data Loss Prevention Management, Security and Vulnerability Management, Unified Threat Management, Enterprise Risk and Compliance, Managed Security, Others): Global Opportunity Analysis and Industry Forecast, 2024-2033”. According to the report, the military cybersecurity market was valued at $15.7 billion in 2023, and is estimated to reach $68.5 billion by 2033, growing at a CAGR of 15.4% from 2024 to 2033.

The global military cybersecurity market is driven by factors such as growing demand for end-point security solutions and surge in cyber-attacks which are increasing need for military cybersecurity.
Prime Determinants of Growth
The global military cybersecurity market is driven by factors such as an increase in demand for defense IT expenditure. Adoption of IoT in cyber security technology provides lucrative growth opportunities. On the other hand, limited awareness related to cybersecurity is projected to hinder market growth.
Request Sample of the Report on Military Cybersecurity Market Forecast 2033
https://www.alliedmarketresearch.com/request-sample/A323349
(We are providing Military Cybersecurity Industry report as per your research requirement, including the Latest Industry Insight’s Evolution, Potential and Russia-Ukraine War Impact Analysis)
123 – Tables63 – Charts378 – PagesReport coverage & details:
Report Coverage 
Details 
Forecast Period
2023–2033
Base Year
2023
Market Size in 2023
$15.7 Billion
Market Size in 2033
$68.5 Billion
CAGR
15.4 %
No. of Pages in Report
324
Segments covered
Type, Deployment, Solution and Region.
Drivers 
Increase in demand for defense IT expenditure to drive the market growth.
Opportunities
Adoption of IoT in Cyber Security Technology
Restraints
Limited awareness related to cybersecurity is restricting the market growth
Procure Complete Report (323 Pages PDF with Insights, Charts, Tables, and Figures)https://www.alliedmarketresearch.com/checkout-final/military-cybersecurity-market-A323349
The endpoint security solutions segment to maintain its leadership status throughout the forecast period
Based on type, the endpoint security solutions segment held the highest market share in 2023, accounting for more than two-fifths of the global military cybersecurity market revenue and is estimated to maintain its leadership status throughout the forecast period.
Endpoint security solutions are undergoing continuous evolution to combat the ever-changing landscape of cybersecurity threats. One prominent trend is the widespread adoption of Endpoint Detection and Response (EDR) solutions. EDR offers real-time monitoring of endpoint activities, allowing for swift detection and response to advanced threats.
The on-premises segment to maintain its leadership status throughout the forecast period
Based on deployment, the on-premises segment held the highest market share in 2023, accounting for more than half of the global military cybersecurity market and is estimated to maintain its leadership status throughout the forecast period. However, the cloud segment is projected to manifest the highest CAGR of 15.88% from 2023 to 2033. Moreover, cloud computing offers advanced security features and capabilities that strengthen military cybersecurity defense. Leading cloud service providers invest heavily in robust security measures, such as encryption, identity and access management, and threat detection, to protect data and applications hosted in the cloud.
The identity and access management segment to maintain its leadership status throughout the forecast period
Based on solution, the identity and access management segment held the highest market share in 2023, accounting for nearly one-fifth of the global military cybersecurity market and is estimated to maintain its leadership status throughout the forecast period. Moreover,
Identity and access management (IAM) plays a crucial role in military cybersecurity by ensuring that only authorized personnel can access sensitive information and critical systems. IAM encompasses processes, policies, and technologies designed to manage digital identities, control access to resources, and protect against unauthorized access and insider threats.
North America to maintain its dominance by 2033
Based on region, North America held the highest market share in terms of revenue in 2023, accounting for more than half of the global military cybersecurity market revenue and is likely to dominate the market during the forecast period. The advancements in sensor technology, artificial intelligence, and communication systems have contributed to the evolution of military cybersecurity, enabling greater autonomy, flexibility, and effectiveness in engaging both stationary and moving targets with reduced collateral damage.
To Talk With Our Industry Expert @ https://www.alliedmarketresearch.com/connect-to-analyst/A323349
Leading Market Players:
AT&TBAE SystemsBoeingCisco Systems, Inc.DXC Technology CompanyEclecticIQ B.V.IBM CorporationIntel CorporationLockheed Martin CorporationNorthrop Grumman CorporationPrivacera, Inc.SentineIOneSecureworks, Inc.Thales GroupThe report provides a detailed analysis of these key players in the global military cybersecurity market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
Browse More Trending Reports
Aerospace Adhesives Market Size, Share, Competitive Landscape and Trend Analysis Report by Technology, by Resin Type, by Function, by End-user : Global Opportunity Analysis and Industry Forecast, 2023-2032
Aircraft Gearbox Market Size, Share, Competitive Landscape and Trend Analysis Report by Application, by Component, by End Use, by Sales Channel : Global Opportunity Analysis and Industry Forecast, 2021-2031
Aircraft Maintenance Market Size, Share, Competitive Landscape and Trend Analysis Report by Maintenance Type, by Aircraft Type and by End-Use : Global Opportunity Analysis and Industry Forecast, 2023-2032
Airport Ground Handling Market Size, Share, Competitive Landscape and Trend Analysis Report by Service, by Airport, by Provider : Global Opportunity Analysis and Industry Forecast, 2023-2032
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa1209 Orange Street,Corporation Trust Center,Wilmington, New Castle,Delaware 19801 USA.USA/Canada (Toll Free):+1-800-792-5285UK: +44-845-528-1300Hong Kong: +852-301-84916India (Pune): +91-20-66346060Fax: [email protected] Web: www.alliedmarketresearch.com AMR Resource Center: https://www.alliedmarketresearch.com/resource-center
Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg 
 

View original content:https://www.prnewswire.co.uk/news-releases/military-cybersecurity-market-to-reach-68-5-billion-globally-by-2033-at-15-4-cagr-allied-market-research-302149843.html

Continue Reading

Artificial Intelligence

Dahua Network Camera Series Obtains CC EAL 3+ Certificate

Published

on

dahua-network-camera-series-obtains-cc-eal-3+-certificate

HANGZHOU, China, May 20, 2024 /PRNewswire/ — Dahua Technology, a world-leading video-centric AIoT solution and service provider, is proud to announce that its network cameras have successfully obtained Common Criteria (CC) EAL 3+ certificate. This achievement demonstrates Dahua’s dedication to delivering secure and reliable solutions that comply with the industry’s highest information security standards and best practices.

The Evaluation Assurance Level (EAL) 3+ certificate, issued by the Common Criteria for Information Technology Security Evaluation (CC), represents a widely used industry standard for evaluating the security features of IT products and systems. It has been recognized by 31 member countries of the Common Criteria Recognition Arrangement (CCRA) organization, which consists of the United States, Germany, the United Kingdom, the Netherlands, Japan, etc.
As the most authoritative and influential information security standard worldwide, obtaining the CC EAL 3+ certificate verifies Dahua’s robust measures against potential security threats throughout the entire R&D, production, and delivery processes. This also signifies that Dahua’s information security management capabilities meet internationally recognized industry standards.
The certification process involves comprehensive testing and evaluation of Dahua’s development environment, production environment, supply chain, vulnerability assessment, personnel security, as well as many other aspects. The security evaluation is completed by SGS Brightsight, a globally renowned security assessment laboratory in the Netherlands and approved by the Netherlands Scheme for Certification in the Area of IT Security (NSCIB).
“At Dahua, we prioritize the security needs and trust of our customers above all else. With the addition of CC EAL 3+ certificate, customers can be confident that they are investing in a secure and reliable solution that delivers unparalleled peace of mind, safeguarding their assets and ensuring uninterrupted operations,” stated Max Xiang, IPC Product Director at Dahua Technology.
Dahua always follows best industry practices and maintains the highest standards of security across all aspects of the company’s operations. In addition to product security and privacy protection, Dahua implements strict quality control measures to strengthen supply chain security. Forging ahead, Dahua will remain dedicated to advancing the security industry through innovative and secure solutions, further enhancing its cybersecurity and data protection capabilities, and working with industry partners to build a trustworthy AIoT environment.
For more in-depth insights into Dahua’s cybersecurity practices, please visit www. dahuasecurity.com 
Photo – https://mma.prnewswire.com/media/2416612/image_1.jpgLogo –  https://mma.prnewswire.com/media/2074657/Dahua_LOGO_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/dahua-network-camera-series-obtains-cc-eal-3-certificate-302149811.html

Continue Reading

Artificial Intelligence

AGI to Debut at COMPUTEX 2024

Published

on

agi-to-debut-at-computex-2024

TAIPEI, May 20, 2024 /PRNewswire/ — AGI Technology, a pioneering provider of high-performance storage solutions from Taiwan, will make its inaugural appearance at COMPUTEX 2024. This grant event will take place from June 4 to June 7 at the Taipei Nangang Exhibition Center, where AGI will be showcasing its latest innovations at Booth #J0218.

Event DetailsDate: June 4 – 7, 2024Time: 9:30 a.m. – 5:30 p.m.Location: Taipei Nangang Exhibition Center, Hall 1Booth: #J0218
AGI will present cutting-edge technology across three main themes:
Spotlight Innovations
– Supreme Pro TF138 2TB microSD: The world’s first 2TB microSD card, exclusively produced by AGI, sets a new standard in mass production and storage capacity.
– TURBOJET RGB DDR5 Series: This DDR5 series, featuring RGB lighting and a heat sink for overclocking, delivers exceptional performance.
– EDM38 Portable SSD for Mobile: A portable SSD with MagSafe-compatible magnetic attachment that offers lightweight portability.
Ultra-Spec Solutions
– SATA 8TB SSD: This 8TB SATA SSD is pushing the limits of consumer-grade storage, setting a new benchmark for capacity.
– PCIe 16TB SSD: A 16TB PCIe SSD that leads in the HMB domain, providing unmatched performance.
Customization Zone
AGI will showcase tailored storage solutions that meet unique customer needs.
We welcome you to visit AGI at Booth #J0218 to discover these innovations and explore collaboration opportunities.
About AGI
AGI is a leading provider of high-performance storage solutions, offering a range of innovative products that meet the evolving needs of its customers. With a commitment to delivering cutting-edge storage capacities and superior performance, AGI empowers its customers to achieve exceptional digital experiences.
Contact Information
Sales [email protected]+8862-27937256www.agi-gear.com 
Photo – https://mma.prnewswire.com/media/2414525/BANNER_COMPUTEX10.jpg

View original content:https://www.prnewswire.co.uk/news-releases/agi-to-debut-at-computex-2024-302147537.html

Continue Reading

Trending