Artificial Intelligence in E-Commerce Market is driven by Increasing Demand for Personalized Shopping Experiences

Artificial intelligence (AI) has the potential to revolutionize online retail by strengthening the digital shopping experience for consumers. AI helps e-commerce platforms analyze customer behavior and purchase patterns to deliver customized product recommendations and notifications. Through machine learning algorithms, AI gathers data from website activity, purchase histories, online searches and social media to predict customer preferences and needs.

The Global Artificial Intelligence in E-commerce Market is estimated to be valued at USD 6.12 Billion in 2024 and is expected to exhibit a CAGR of 25.3% over the forecast period 2024 to 2031.

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