According to a new report, published by KBV research, The Global Ambient Commerce Market size is expected to reach $33.6 billion by 2028, rising at a market growth of 32.4% CAGR during the forecast period.
The Department Stores market is leading the Global Ambient Commerce Market by End-use in 2021, thereby, achieving a market value of $11 billion by 2028. To provide customers with a convenient checkout-free shopping experience, department shops are increasingly implementing ambient commerce. Retailers of department stores are embracing ambient commerce, a fusion of numerous digital and revolutionary technologies including facial recognition & location tracking.
The Cameras market is showcasing a CAGR of 32.2% during (2022 - 2028). In ambient commerce, cameras are used to monitor consumer behavior, including where they go and what they buy. Ambient commerce stores could directly register the things that customers have purchased and deduct the costs from their accounts based on camera tracking.
The North America market dominated the Global Ambient Commerce Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $12.5 billion by 2028. The Europe market is anticipated to grow at a CAGR of 31.9% during (2022 - 2028). Additionally, The Asia Pacific market would witness a CAGR of 33.4% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/ambient-commerce-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Apple, Inc., Amazon.com, Inc., Tesco PLC, Alibaba Group Holding Limited, Trigo Vision Ltd., Adroit Worldwide Media, Inc., Grabango Co., Zippin, Standard Cognition, Corp., and Sensei.
By End-Use
By Component
By Geography
Companies Profiled