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AI, automation, and data analytics are transforming RCG, optimizing supply chains, enhancing customer engagement, and boosting efficiency.
Pune, March 19, 2025 (GLOBE NEWSWIRE) — GCC in the Retail and Consumer Goods Market Size Analysis:
“The GCC in the Retail and Consumer Goods Market size was USD 19.1 Billion in 2023 and is expected to reach USD 76.9 Billion by 2032, growing at a CAGR of 15.1% over the forecast period of 2024-2032.”
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Major Players Analysis Listed in this Report are:
GCC in the Retail and Consumer Goods Market Report Scope:
Report Attributes
Details
Market Size in 2023
US$ 19.1 Billion
Market Size by 2032
US$ 76.9 Billion
CAGR
CAGR of 15.1% From 2024 to 2032
Base Year
2023
Forecast Period
2024-2032
Historical Data
2020-2022
Key Regional Coverage
North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe [Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]). Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America)
Key Growth Drivers
• GCCs implement digital solutions that facilitate seamless omnichannel integration driving market growth
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AI and Automation Revolutionizing Retail: Enhancing Efficiency, Supply Chains, and Customer Engagement
Automation and AI are revolutionizing retail operations by maximizing inventory, improving customer interactions, and optimizing supply chain efficiency. AI-based algorithms forecast demand, monitor stock, and reduce excess inventory, while chatbots ensure 24/7 automated customer service. Robotic process automation (RPA) automates order processing and logistics, cutting errors and turnaround times. The strategic employment of AI in supply chains guarantees resilience and flexibility. Accenture’s acquisition of Joshua Tree Group in 2024 will enhance AI-driven automation in warehouses. GCCs use data analysis to maximize marketing, reduce risk, and gain competitiveness, creating customized customer experiences and sustainable growth in a dynamic market.