"Smart Strategies, Giving Speed to your Growth Trajectory"

Ambient Commerce Market Size, Share, and COVID-19 Impact Analysis, By End-user (Departmental Stores, Convenient Stores, Supermarkets, and Others), Regional Forecast, 2024-2032

Region :Global | Report ID: FBI107178 | Status : Ongoing

 

KEY MARKET INSIGHTS

Ambient commerce, referred to as checkout-free retail, enables customers to shop from the store and walk straight out of a store without queues or cash registers. A variety of Artificial Intelligence (AI) and cameras tracks their action and charges them accordingly directly from their accounts or digital payments.


Ambient commerce binds the Internet of Things (IoT), Artificial Intelligence (AI), Augmented Reality (AR), actuators, sensors, and other technologies to enhance customers' sensory shopping experience. Sensors are the prominent factors in the application of ambient commerce as they can hear, see, and track the environment's variables. Such sensors feed the real-time data into machine learning algorithms and analytical applications. With the help of these sensors, ambient commerce technology measures the actions of products and customers.

Retailers are embracing the IoT and data analytics to understand consumer behavior and product data, eventually helping them construct market strategies and business plans accordingly. It is helping retailers to boost their sales, improve customer experience, and better efficiency. Thus. IoT is developing the future of retail commerce.

Impact of COVID-19 on the Ambient Commerce Market: 


The pandemic has forced the population and industry to shift to the virtual mode due to safety issues. Thus, this gave rise to the expansion of digitalization and technology worldwide.

The COVID-19 outbreak is one of the driving factors for the adoption of ambient commerce. The pandemic forced the population to adopt contactless and online shopping, resulting in retailers shifting toward advanced technologies such as ambient commerce. Retailers employ long-term systems to provide their customers with safe and convenient shopping experiences.

Key Insights:


The report will cover the following key insights:


  • Micro & macroeconomic Indicators

  • Drivers, restraints, trends, and opportunities          

  •  Business strategies adopted by the players

  • Impact of COVID-19 on the ambient commerce market


Analysis by End-user: 


Departmental stores have the largest revenue share on the usage of ambient commerce technology. Shopping tools are increasing the adoption of technologies such as ambient commerce. Departmental store retailers are using different technologies such as location tracking, online payment options, and facial recognition for better growth after the pandemic. It is also helping them to collect customer behavioral data and their preferences, which further help in framing better sales strategies.

Supermarkets are another faster-growing segment, forcing retailers to shift toward advanced technologies for better market growth. Ambient commerce allows supermarkets to cut down time-consuming checkout queues, thus helping them gain better customer centricity.

Regional Analysis:


To gain extensive insights into the market, Request for Customization


The ambient commerce market is divided into five regions, North America, the Middle East & Africa, South America, Asia Pacific, and Europe.

The presence of prominent players such as Google, Amazon Inc., and Apple Inc. in North America accounts for the majority share in the market. Also, organizations in North America are excessively investing in advanced technologies, such as Big Data, analytics, and IoT, driving the ambient commerce market. The expanding demand and customer preferences for digital solutions in e-commerce, such as online and contactless shopping, are the reasons for the expansion of ambient commerce.

The distribution of the ambient commerce market by region is as follows:


  • North America – 30%

  • South America – 15%

  • Europe – 25%

  • Middle East and Africa – 10%

  • Asia-Pacific – 20%


Key Players:


The report includes key players such as Apple Inc., Amazon Inc, Alibaba Group Holding Limited, Trigo Vision Ltd, Zippin, Standard AI, Grabango Co., Tescoplc.com, Sensei, AWM SMART SHELF, and others.

Segmentation:














By End-user            


By Geography



  • Departmental Stores

  • Convenience Stores

  • Supermarkets

  • Others




  • North America (U.S., Mexico, and Canada)

  • Europe(U.K., Germany, France, Italy, Spain, and Rest of Europe)

  • Asia Pacific (India, Japan, China, Australia, South Korea, and Rest of APAC)

  • Middle East & Africa (UAE, South Africa, Saudi Arabia, and Rest of MEA)

  • South America (Brazil, Argentina, and Rest of South America)



Key Industry Developments:



  • September 2022 – Amazon launched its first Amazon Go convenience store in Whittier, Southern California, and will soon launch the other in Torrance. Amazon Go is based on its "Just walk out" technology, allowing customers to walk out and make automatic payments from their accounts without wasting time in checkout lines.

  • September 2022 – Crypto.com Arena, in partnership with Amazon's smooth-running Just walk out technology, launched two new Grab and Go locations. Crypto.com Arena allows customers to shop for things they want without stopping at checkout counters for payment. American Express is the payment partner of Crypto.com Arena, offering card member benefits for customers at several events.





  • Ongoing
  • 2023
  • 2019-2022
  • Pre Book
Multi-report Purchase Plan
    A Customized Plan Will be Created Based on the number of reports you wish to purchase
Information & Technology Clients
Samsung
Google
Lg
Dell
Hitachi
Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X