“Global AI in retail market is set to witness momentous growth over the forthcoming years. In 2016, AI technology recorded an overall investment of $30 billion, with a predominant majority, approximately 90%, going into research & development activities AI in retail market size from the machine learning technology segment is anticipated to register a CAGR…
Tag: North America
Global business value of AI in banking forecast to reach $300bn by 2030
“In 2018, the business value of AI was estimated to be $41.1bn, which includes the cost savings and efficiencies of introducing AI technology compared to keeping existing infrastructures and processes. North America is tipped to be the biggest market for AI in banking between 2018 and 2023. The business value of AI in this region…