The North American AI in e-commerce market was valued at $600 million in 2018 and is growing at a CAGR of 26.1% during the forecast period. The market growth is attributed to the presence of a well-established ICT infrastructure in the region. In addition, the region has witnessed a huge adoption of connected technologies in various industries including e-commerce retail. Increasing e-commerce sales and high internet penetration in the region have also been contributing to the North American e-commerce industry and hence driving the market growth.
The North American 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 North American AI in e-commerce market is further segregated into the US and Canada. Among geography, the US is projected to have a considerable share in the North American AI in e-commerce market.
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North American AI in E-commerce Market Segmentation
By Application
- Pricing & Promotion
- Supply Chain Management
- Marketing
- Others (Demand Prediction and Optimization)
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Regional Analysis
- United States
- Canada
Company Profiles
- com Inc.
- AltexSoft Inc.
- Celect Inc.
- Coveo
- Dynamic Yield Ltd.
- Eversight, Inc.
- Forter
- Google LLC
- Granify Inc.
- IBM Corp.
- LivePerson Inc.
- Microsoft Corp.
- Nuro
- Reflektion Inc.
- Riskified
- Satisfi Labs, Inc.
- Sidecar Interactive, Inc.
- ViSenze Pte Ltd.
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