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Stock impact report

Retail Analytics Market Opportunities, 2024-2030: Increasing Use of Predictive Analytics in Inventory and Sales Forecasting [Yahoo! Finance]

Altair Engineering Inc. - Class A (ALTR) 
Last altair engineering inc. - class a earnings: 2/27 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.altair.com/overview
Company Research Source: Yahoo! Finance
The global market for Retail Analytics was estimated at US$8 billion in 2023 and is projected to reach US$26.9 billion by 2030, growing at a CAGR of 19.0% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. Technological advancements are playing a critical role in the evolution of retail analytics, making it more powerful and accessible for businesses of all sizes. The advent of big data technologies, such as Hadoop and Spark, has enabled retailers to process and analyze large volumes of data in real-time, providing timely insights that can drive strategic decisions. Artificial intelligence (AI) and machine learning (ML) algorithms are also being integrated into retail analytics platforms, allowing for predictive analytics that can forecast customer behavior, optimize pricing strategies, and prevent stockouts. Additionally, the rise of cloud computing has made advanced a Show less Read more
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