Endorsed with a portfolio of digitally-empowered consumers, artificial intelligence in the retail market is acclaimed as one of the fastest growing verticals presently . In 2017, this business space registered a global share of USD 650 million and is forecast to record a CAGR of 40% over 2018 - 2024. With the retail space becoming affluent with more number of e-commerce platforms as well as startups with large technology appetite, the adoption of AI in the retail market is bound to increase. Additionally, the technology is witnessing a slew of opportunities in sync with the hi-tech trends including the likes of blockchain, AR, and the Internet of Things establishing their footprints in the retail domain. Amidst all these tech interventions, the focal point of this consumer-driven industry is to deliver an unrivaled shopping experience to customers as well as ensuring optimal management of resources and stocks.