Whitepapers

Revolutionizing Retail with Image Recognition and AI for Shelf Execution

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Artificial intelligence (AI) is changing the way the world operates. Businesses are harnessing innovation and cutting-edge technologies to optimize operations, enhance decision-making processes, and fuel business growth.

Recent research indicates a significant growth in technology adoption rate within the retail industry, particularly in AI and image recognition technology. By the end of 2035, global image recognition in the retail industry is projected to reach a revenue of $14 billion. This growth is attributed to factors such as the demand for automated processes, the utilization of AI and cloud technologies, and the need for personalized customer experiences. In North America, the market is expected to generate the largest revenue due to technological advancements and the implementation of image recognition solutions.

 

 

 

 

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