Image recognition technology is transforming various industries, including healthcare, retail, security, and more. This article explores how image recognition works, its applications, benefits, and challenges.
The Internet of Things (IoT) has been revolutionizing the retail industry by providing new ways to enhance customer experience and increase sales. The adoption of IoT in retail stores has already started to take place, and the trend is set to continue. According to a report by Grand View Research, the global IoT retail market is expected to reach approximately $42.7 billion by 2025, growing at a CAGR of 19.7% from 2019 to 2025.