The Asia-Pacific AI in e-commerce market was valued at $385 million in 2018 and is growing at a CAGR of 26.7% during the forecast period. The increasing investment from prominent e-commerce companies, such as Alibaba, Amazon, and Walmart, is expected to augment the demand for AI in e-commerce in the Asia-Pacific region during the forecast period.
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The Asia-Pacific AI in e-commerce market is segmented on the basis of application into pricing & promotion, supply chain management, marketing, and others such as demand prediction & optimization. The marketing segment held the highest share in 2018 owing to the growing convergence of analytics in marketing to encourage operational efficiency while improving the customer experience. Based on geography, the Asia-Pacific AI in e-commerce market is further segregated into China, Japan, India, and Rest of Asia-Pacific. Among geography, China is projected to have a considerable share in the Asia-Pacific AI in e-commerce market.
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Asia-Pacific AI in E-commerce Market Segmentation
By Application
- Pricing & Promotion
- Supply Chain Management
- Marketing
- Others (Demand Prediction and Optimization)
Regional Analysis
- China
- India
- Japan
- South Korea
Rest of Asia-Pacific
Company Profiles
- com Inc.
- Appier, Inc.
- Google LLC
- IBM Corp.
- Manthan Software Services Pvt. Ltd.
- Staqu Technologies Pvt. Ltd
- ViSenze Pte Ltd.
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