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In an era dominated by tech advancements, artificial intelligence (AI) in retail market is expected to emerge as a viable investment ground, given the pace at which AI is being incorporated in industry verticals. Amidst this backdrop, traditional retail chains have been modifying their approach, especially after 2017 witnessed the application for bankruptcy by 21 retail chains inclusive of biggies such as Toys R’ Us, Aerosoles and RadioShack. Many others like…Continue
A rapid surge in the number of internet users has resulted in greater requirement of storage equipment, driving data center infrastructure market trends over 2018-2024. A rise in the number of data centers has been witnessed owing to escalating cloud storage requirement, rapid acceptance of digital & mobile computing solutions, and rampant utilization of social media tools. The demand for data centers across healthcare, BFSI, and IT & telecom sectors are anticipated to further…Continue
U.S. is the leading country in the global SDN market due to the investment by the telecom service providers in SDN to improve their infrastructure capabilities to cope with the increasing network requirement. For instance, in 2017, telecom giant AT&T invested over USD 200 million to support SDN based start-ups. Global Software Defined Networking (SDN) Market size is set to exceed USD 88 billion by 2024.…Continue
Global Artificial Intelligence (AI) BFSI Market is set to exceed USD 25 billion by 2024; according to a new research report by Global Market Insights, Inc.
The need to provide an enhanced customer experience is the primary factor augmenting the growth of the AI in BFSI market. As the competition among the market players is mounting day-by-day, companies have started to focus on providing a better experience to the customers to gain the customer loyalty. This encourages financial…Continue