Vietnam AI in Retail Market to Surge from US$ 86.62 Million in 2023 to US$ 637.32 Million by 2032, Registering a 25.55% CAGR

𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐀𝐈 𝐀𝐝𝐨𝐩𝐭𝐢𝐨𝐧 𝐢𝐧 𝐑𝐞𝐭𝐚𝐢𝐥 𝐭𝐨 𝐃𝐫𝐢𝐯𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐄𝐱𝐩𝐚𝐧𝐬𝐢𝐨𝐧

The 𝐕𝐢𝐞𝐭𝐧𝐚𝐦 𝐀𝐈 𝐢𝐧 𝐫𝐞𝐭𝐚𝐢𝐥 𝐦𝐚𝐫𝐤𝐞𝐭 is set to experience an exponential growth trajectory, surging from 𝐔𝐒$ 𝟖𝟔.𝟔𝟐 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟑 𝐭𝐨 𝐚 𝐬𝐭𝐚𝐠𝐠𝐞𝐫𝐢𝐧𝐠 𝐔𝐒$ 𝟔𝟑𝟕.𝟑𝟐 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟐. This remarkable expansion reflects a compound annual growth rate (𝐂𝐀𝐆𝐑) 𝐨𝐟 𝟐𝟓.𝟓𝟓% from 2024 to 2032, driven by increasing digital transformation efforts, rising consumer expectations, and AI-powered retail innovations.

𝐒𝐞𝐜𝐮𝐫𝐞 𝐘𝐨𝐮𝐫 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭: -https://www.astuteanalytica.com/request-sample/vietnam-ai-in-retail-market

𝐊𝐞𝐲 𝐆𝐫𝐨𝐰𝐭𝐡 𝐃𝐫𝐢𝐯𝐞𝐫𝐬

The rapid adoption of AI-driven retail solutions across Vietnam is primarily fueled by:

Personalized Customer Experience: Retailers are leveraging AI-powered recommendation engines and chatbots to enhance consumer engagement.

Automation & Operational Efficiency: AI-based inventory management and demand forecasting are streamlining retail supply chains.

Rise of E-commerce: The booming online retail sector is embracing AI for predictive analytics, dynamic pricing, and customer sentiment analysis.

Government Support & Digital Transformation: Vietnam's push for AI development is fostering a conducive environment for AI adoption in retail.

𝐀𝐈-𝐃𝐫𝐢𝐯𝐞𝐧 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧𝐬 𝐑𝐞𝐬𝐡𝐚𝐩𝐢𝐧𝐠 𝐕𝐢𝐞𝐭𝐧𝐚𝐦'𝐬 𝐑𝐞𝐭𝐚𝐢𝐥 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞

Retailers in Vietnam are increasingly integrating AI-powered chatbots, computer vision, smart shelves, and automated checkouts to improve operational efficiency and enhance customer satisfaction. AI is also transforming fraud detection, supply chain management, and demand forecasting, allowing businesses to optimize their decision-making processes.

Furthermore, the integration of AI in omnichannel retailing is bridging the gap between physical stores and online shopping, ensuring a seamless experience for consumers.

𝐓𝐨𝐩 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐕𝐢𝐞𝐭𝐧𝐚𝐦 𝐀𝐈 𝐢𝐧 𝐑𝐞𝐭𝐚𝐢𝐥 𝐌𝐚𝐫𝐤𝐞𝐭

Amazon Web Services Inc.
Alibaba Group Holding Limited
Microsoft Corporation
IBM Corporation
Google LLC (Alphabet Inc.)
SAP SE
Nvidia Corporation
FPT Smart Cloud Company Limited
Intel Corporation
Other Prominent Players

𝐀𝐜𝐜𝐞𝐬𝐬 𝐃𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: -https://www.astuteanalytica.com/industry-report/vietnam-ai-in-retail-market

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

By Component
Hardware
Camera and Imaging Devices
Sensors
AI Chips
Data Loggers
Service Robots
Smart Shelves & Labels
Displays
Scanners
POS Systems
Others
Solution/ Software
AI Platform/Tools
Chatbots & Virtual Assistants
Others
Services
Professional Services
Managed Services

By Technology
Natural Processing Language (NLP)
Machine Learning (ML)
Computer Vision (CV)
Data Mining
Deep Learning
Robotic Process Automation (RPA)
Others

By Deployment
Cloud-Based
On-Premises

By Application
Front-End
Customer Service
AI-based Chatbots
Virtual Assistants
Sales & Marketing
Personalized Recommendations
Predictive Analytics
Visual Search and Image Recognition
In-Store Operations
Autonomous Checkout Systems
Smart Shelves
Heatmap
People Counting
Consumer Behavior Analysis
Others
Back-End
Supply Chain & Inventory Management
Fraud Detection & Prevention
Demand Forecasting
Price Optimization
Warehouse Automation
Workforce Management
Others

By End Users
Specialized Retail
Supermarkets/Hypermarkets
Omnichannel Retailers

𝐅𝐮𝐭𝐮𝐫𝐞 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 & 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥

The AI in retail sector in Vietnam is poised for unprecedented growth, with international and local retailers investing heavily in AI-driven solutions. As businesses continue to embrace AI for enhancing efficiency and customer experience, the market's trajectory remains highly optimistic.

𝐆𝐞𝐭 𝐢𝐧𝐬𝐢𝐝𝐞 𝐒𝐜𝐨𝐨𝐩 𝐨𝐟 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭, 𝐫𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐟𝐫𝐞𝐞 𝐬𝐚𝐦𝐩𝐥𝐞: -https://www.astuteanalytica.com/request-sample/vietnam-ai-in-retail-market

𝐀𝐛𝐨𝐮𝐭 𝐀𝐬𝐭𝐮𝐭𝐞 𝐀𝐧𝐚𝐥𝐲𝐭𝐢𝐜𝐚:

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This release was published on openPR.