Machine learning of artificial intelligence in retail market to grow prominently at over 42% cagr

RONAK BORA | July 1, 2019

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Artificial intelligence in retail market for technological advancement and the development of the advanced machine learning & deep learning algorithms. Machine learning is estimated to grow prominently at high CAGR. The growth is driven by the increasing adoption of the technology by the retailers to provide enhanced customer experience and offer a personalized shopping experience to the customers. Endorsed with a rich portfolio of digitally empowered consumers, artificial intelligence in retail market has been acclaimed as one of the most progressive verticals in the recent years. In the year 2017, this business space registered a global share of USD 650 million and is forecast to record a CAGR of 40% over 2018-2024, which is indeed humongous.

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Hayneedle.com

Hard work and company-wide commitment to helping customers create homes they love … this is how hayneedle.com has become one of the leading online retailers for home furnishings and décor. With an entrepreneurial spirit that fosters teamwork and professional development, hayneedle.com is part of the Walmart family of brands and is experiencing unprecedented growth.

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