AI-Powered Virtual Shopping Assistants Market
The AI-powered virtual shopping assistants market involves intelligent software that enhances customer experiences in e-commerce and retail. These assistants serve e-commerce platforms and retail businesses by using AI, NLP, and machine learning to provide personalized recommendations and streamline purchasing. The market's growth is driven by the rising consumer demand for tailored shopping experiences and the aggressive adoption of these technologies by businesses to increase conversion rates and reduce cart abandonment.
CAGR
26%
Compound Annual Growth Rate
Current Value
$1.98B
Estimated 2026
Projected Value
$12.6B
By 2034
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