North America to dominate the Cognitive Computing in Retail Market through 2026 | TechSci Research
Increasing expenditure capacity of consumers and growing demand for personalized shopping experience is expected to drive the demand for global cognitive computing in retail market in the forecast period. According to TechSci Research report, “ Global Cognitive Computing in Retail Market By Component (Platform, Services (Managed, Professional)) By Technology (Machine Learning, Natural Language Processing, Deep Learning, Robotics, Computer / Machine Vision) By Deployment (Cloud, On-Premises) By Application (Customer Experience, Price Optimization, Demand Forecasting, Inventory Management, Automation, Others) By Company, By Region, Forecast & Opportunities, 2026” , the global cognitive computing in the retail market is expected to witness steady growth in the next five years. Cognitive computing is defined as self-learning technology that takes the help of algorithms to behave like the human brain's thought process to efficiently utilize big data. e-Commerce channels integ...