Artificial Intelligence In Retail Market is expected to reach US$ 55.4 billion by 2030 | Major players - Amazon.com, Inc., IBM Corporation, Intel Corporation.

Market Size and Growth:

The Global Artificial Intelligence In Retail Market Size reached US$ 5.5 billion in 2022 and is expected to reach US$ 55.4 billion by 2030, growing with a CAGR of 34.2% during the forecast period 2024-2031. According to DataM Intelligence Report.

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The Artificial Intelligence (AI) in Retail Market refers to the industry segment focused on integrating AI technologies such as machine learning, computer vision, natural language processing, and predictive analytics into retail operations. It enhances customer experiences, optimizes supply chains, enables personalized marketing, automates inventory management, and improves decision-making, driving efficiency, profitability, and innovation across online and offline retail channels.

United States: Recent Developments of Artificial Intelligence In Retail Market

✅ September 2025: ShopRite in New Jersey rolled out AI-powered "Caper Carts" enabling real-time item scanning, spending tracking, and direct cart payments to eliminate traditional checkouts.

✅ October 2025: Generative AI traffic to U.S. retail sites surged, with shoppers from AI sources showing 13.6% higher engagement, longer visits, and lower bounce rates during early holiday shopping.

✅ November 2025: Target announced integration allowing consumers to discover and shop directly inside ChatGPT, creating a curated AI-powered conversational shopping experience ahead of holidays.

Europe: Recent Developments of Artificial Intelligence In Retail Market

✅ September 2025: Saks Global launched AI-driven homepage personalization on Saks.com, customizing content based on browsing behavior to boost conversions and revenue per visitor.

✅ October 2025: European Commission released the Apply AI Strategy to accelerate sectoral AI adoption, including retail applications focused on compliance and innovation.

✅ November 2025: Retailers advanced agentic AI deployment for autonomous shopping journeys from research to checkout, balancing disruption with consumer trust amid regulatory frameworks.

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Major Players:

Key companies in the Artificial Intelligence In Retail market include:

Amazon.com, Inc.
IBM Corporation
Intel Corporation
Google LLC
Salesforce.com, Inc.
SAP SE
Talkdesk, Inc.
Microsoft Corporation
Nvidia Corporation
Oracle Corporation

Market Growth Drivers:

✅ Personalized Customer Experiences: Retailers leverage AI for tailored recommendations, dynamic promotions, and chatbots that analyze consumer data to boost engagement, loyalty, and sales through omnichannel strategies.​

✅ Operational Efficiency and Automation: AI automates inventory management, supply chain optimization, and routine tasks like pricing adjustments, reducing costs, minimizing stockouts, and streamlining warehouse and logistics operations.​

✅ Demand Forecasting and Predictive Analytics: AI tools predict customer demand using historical data and real-time insights, enabling accurate inventory levels, reduced waste, and responsive adaptations to market fluctuations.​

Segments Covered in the Artificial Intelligence In Retail Market:

By Offerings: Services, Solutions.

By Function: Operation-Focused, Customer-Facing.

By By Deployment Type: Cloud, On-Premise.

By Application: Predictive Analytics, Predictive Analytics.

By Technology: Computer Vision, Machine Learning, Natural Language Processing.

Regional Analysis for Artificial Intelligence In Retail Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Chapter Outline:

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Artificial Intelligence In Retail market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Artificial Intelligence In Retail Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Artificial Intelligence In Retail market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Artificial Intelligence In Retail Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of Artificial Intelligence In Retail market?

➠ Who are the global key manufacturers of the Artificial Intelligence In Retail Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the Artificial Intelligence In Retail market opportunities and threats faced by the vendors in the global Artificial Intelligence In Retail Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the Artificial Intelligence In Retail market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

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