ARTIFICIAL INTELLIGENCE IN RETAIL MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2025-2032)

Artificial Intelligence in Retail Market, By Technology (Machine Learning, Natural Language Processing, Computer Vision, and Robotic Process Automation), By Application (Personalized Recommendations, Inventory Management, Customer Service Chatbots, Fraud Detection, and Pricing Optimization), By End User (E-commerce, Brick-and-Mortar Stores, and Wholesalers), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In: 27 Feb, 2025
Code: CMI7404
Pages: 140
Formats: Excel and PDF
Industry: Information and Communication Technology
- Historical Range: 2020 - 2024
- Forecast Period: 2025 - 2032

Artificial Intelligence (AI) is transforming industries at an unprecedented rate, and retail is no exception. AI is being applied to crucial areas of the retail experience from product recommendations to autonomous stores. AI presents a massive opportunity for retailers to gain deeper customer insights, optimize operations and inventory, and provide more personalized experiences. Advanced algorithms are powering new technologies like computer vision, which allows AI systems to see and understand visual inputs. This enables innovative applications from virtual assistants that see and understand consumer needs to autonomous checkout-free stores. AI is ushering in a new era of hyper-personalized interactions, customized product recommendations, and frictionless shopping experiences.

Market Dynamics:

The global artificial intelligence in retail market growth is driven by the growing need for personalized shopping experiences, predictive analysis to reduce risks and optimize operations, and automation of repetitive tasks to improve productivity. However, high implementation costs of advanced AI technologies and lack of skilled talent are restraining faster adoption. Key opportunities include leveraging computer vision for applications like visual search, virtual/augmented reality retail, and autonomous stores. Adoption of AI is also being encouraged by technological advancements such as edge computing that support advanced analytics even with limited connectivity. Retail giants are investing heavily in startups developing innovative AI solutions to gain a competitive edge and enhance customer experiences.

Key features of the study:

- This report provides in-depth analysis of the global artificial intelligence in retail market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2025–2032), considering 2024 as the base year

- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

- It profiles key players in the global artificial intelligence in retail market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies

- Key companies covered as a part of this study include Adobe, Alibaba Group, Amazon Web Services (AWS), Apple, Appier, Ceconomy, Edeka, Foot Locker, Home Depot, IBM, Kroger, Lemon AI, Lowe's, Microsoft, and NIKE

- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

- The global artificial intelligence in retail market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global artificial intelligence in retail market.

Detailed Segmentation-

By Technology Insights (Revenue, USD Bn, 2020 - 2032)
- Machine Learning
- Natural Language Processing (NLP)
- Computer Vision
- Robotic Process Automation (RPA)
By Application Insights (Revenue, USD Bn, 2020 - 2032)
- Personalized Recommendations
- Inventory Management
- Customer Service Chatbots
- Fraud Detection
- Pricing Optimization
By End User Insights (Revenue, USD Bn, 2020 - 2032)
- E-commerce
- Brick-and-Mortar Stores
- Wholesalers
By Regional Insights (Revenue, USD Bn, 2020 - 2032)
- North America
  - U.S.
  - Canada
- Latin America
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
- Europe
  - Germany
  - U.K.
  - Spain
  - France
  - Italy
  - Russia
  - Rest of Europe
- Asia Pacific
  - China
  - India
  - Japan
  - Australia
  - South Korea
  - ASEAN
  - Rest of Asia Pacific
- Middle East
  - GCC Countries
  - Israel
  - Rest of Middle East
- Africa
  - South Africa
  - North Africa
  - Central Africa
Key Players Insights
- Adobe
- Alibaba Group
- Amazon Web Services (AWS)
- Apple
- Appier
- Ceconomy
- Edeka
- Foot Locker
- Home Depot
- IBM
- Kroger
- Lemon AI
- Lowe's
- Microsoft
- NIKE

Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
Market Purview
- Report Description
  - Market Definition and Scope
- Executive Summary
  - Market Snippet, By Technology
  - Market Snippet, By Application
  - Market Snippet, By End User
  - Market Snippet, By Region
Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
  - Drivers
  - Restraints
  - Market Opportunities
- Regulatory Scenario
- Industry Trend
- Merger and Acquisitions
- New System Launches/Approvals
- Impact of COVID-19 Pandemic
Global Artificial Intelligence in Retail Market, By Technology, 2020-2032, (USD Bn)
- Introduction
  - Market Share Analysis, 2025 and 2032 (%)
  - Y-o-Y Growth Analysis, 2021-2032
  - Segment Trends
- Machine Learning
  - Introduction
  - Market Size and Forecast, 2020–2032, (USD Bn)
- Natural Language Processing (NLP)
  - Introduction
  - Market Size and Forecast, 2020–2032, (USD Bn)
- Computer Vision
  - Introduction
  - Market Size and Forecast, 2020–2032, (USD Bn)
- Robotic Process Automation (RPA)
  - Introduction
  - Market Size and Forecast, 2020–2032, (USD Bn)
Global Artificial Intelligence in Retail Market, By Application, 2020-2032, (USD Bn)
- Introduction
  - Market Share Analysis, 2025 and 2032 (%)
  - Y-o-Y Growth Analysis, 2021-2032
  - Segment Trends
- Personalized Recommendations
  - Introduction
  - Market Size and Forecast, 2020–2032, (USD Bn)
- Inventory Management
  - Introduction
  - Market Size and Forecast, 2020–2032, (USD Bn)
- Customer Service Chatbots
  - Introduction
  - Market Size and Forecast, 2020–2032, (USD Bn)
- Fraud Detection
  - Introduction
  - Market Size and Forecast, 2020–2032, (USD Bn)
- Pricing Optimization
  - Introduction
  - Market Size and Forecast, 2020–2032, (USD Bn)
Global Artificial Intelligence in Retail Market, By End User, 2020-2032, (USD Bn)
- Introduction
  - Market Share Analysis, 2025 and 2032 (%)
  - Y-o-Y Growth Analysis, 2021-2032
  - Segment Trends
- E-commerce
  - Introduction
  - Market Size and Forecast, 2020–2032, (USD Bn)
- Brick-and-Mortar Stores
  - Introduction
  - Market Size and Forecast, 2020–2032, (USD Bn)
- Wholesalers
  - Introduction
  - Market Size and Forecast, 2020–2032, (USD Bn)
Global Artificial Intelligence in Retail Market, By Region, 2020-2032, (USD Bn)
- Introduction
  - Market Share Analysis, By Region, 2025 and 2032 (%)
  - Y-o-Y Growth Analysis, 2021-2032
- North America
  - Regional Trends
  - Market Size and Forecast, By Technology, 2020–2032, (USD Bn)
  - Market Size and Forecast, By Application, 2020–2032, (USD Bn)
  - Market Size and Forecast, By End User, 2020–2032, (USD Bn)
  - Market Size and Forecast, By Country, 2020–2032, (USD Bn)
    - U.S.
    - Canada
- Europe
  - Regional Trends
  - Market Size and Forecast, By Technology, 2020–2032, (USD Bn)
  - Market Size and Forecast, By Application, 2020–2032, (USD Bn)
  - Market Size and Forecast, By End User, 2020–2032, (USD Bn)
  - Market Size and Forecast, By Country, 2020–2032, (USD Bn)
    - Germany
    - U.K.
    - Spain
    - France
    - Italy
    - Russia
    - Rest of Europe
- Asia Pacific
  - Regional Trends
  - Market Size and Forecast, By Technology, 2020–2032, (USD Bn)
  - Market Size and Forecast, By Application, 2020–2032, (USD Bn)
  - Market Size and Forecast, By End User, 2020–2032, (USD Bn)
  - Market Size and Forecast, By Country, 2020–2032, (USD Bn)
    - China
    - India
    - Japan
    - ASEAN
    - Australia
    - South Korea
    - Rest of Asia Pacific
- Latin America
  - Regional Trends
  - Market Size and Forecast, By Technology, 2020–2032, (USD Bn)
  - Market Size and Forecast, By Application, 2020–2032, (USD Bn)
  - Market Size and Forecast, By End User, 2020–2032, (USD Bn)
  - Market Size and Forecast, By Country, 2020–2032, (USD Bn)
    - Brazil
    - Argentina
    - Mexico
    - Rest of Latin America
- Middle East
  - Regional Trends
  - Market Size and Forecast, By Technology, 2020–2032, (USD Bn)
  - Market Size and Forecast, By Application, 2020–2032, (USD Bn)
  - Market Size and Forecast, By End User, 2020–2032, (USD Bn)
  - Market Size and Forecast, By Country, 2020–2032, (USD Bn)
    - Israel
    - GCC Countries
    - Rest of the Middle East
- Africa
  - Regional Trends
  - Market Size and Forecast, By Technology, 2020–2032, (USD Bn)
  - Market Size and Forecast, By Application, 2020–2032, (USD Bn)
  - Market Size and Forecast, By End User, 2020–2032, (USD Bn)
  - Market Size and Forecast, By Country, 2020–2032, (USD Bn)
    - South Africa
    - North Africa
    - Central Africa
Competitive Landscape
- Company Profiles
  - Adobe
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - Alibaba Group
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - Amazon Web Services (AWS)
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - Apple
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - Appier
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - Ceconomy
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - Edeka
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - Foot Locker
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - Home Depot
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - IBM
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - Kroger
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - Lemon AI
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - Lowe's
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - Microsoft
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
  - NIKE
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Key Strategies
    - Recent Developments/Updates
Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
Research Methodology
- References
- Research Methodology
- About us and Sales Contact

*Browse 60 market data tables and 40 figures on "Artificial Intelligence in Retail Market - Global forecast to 2032”

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