Global Artificial Intelligence In Retail Market Size & Outlook
Global artificial intelligence in retail market, 2018-2030 (US$M)
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Global artificial intelligence in retail market highlights
- The global artificial intelligence in retail market generated a revenue of USD 11,614.2 million in 2024 and is expected to reach USD 40,748.3 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 23% by 2030.
- In terms of segment, solution accounted for a revenue of USD 9,167.8 million in 2024.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, Australia is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 11,614.2 million |
| Market revenue in 2030 | USD 40,748.3 million |
| Growth rate | 23% (CAGR from 2025 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Services |
Other key industry trends
- In terms of revenue, the North America accounted for 33.4% of the global artificial intelligence in retail market in 2024.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Australia is the fastest growing regional market and is projected to reach USD 1,990.6 million by 2030.
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Artificial Intelligence In Retail Market Scope
Artificial Intelligence In Retail Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Sentient Technologies | View profile | 11-50 | San Francisco, California, United States, North America | http://www.sentient.ai/ |
| Intel Corporation | View profile | - | - | - |
| IBM Corporation | View profile | - | - | - |
| Oracle Corporation | View profile | - | - | - |
| Microsoft Corporation | View profile | - | - | - |
| Salesforce, Inc. | View profile | - | - | - |
| Google LLC | View profile | - | - | - |
| SAP SE ADR | View profile | 107602 | Dietmar-Hopp-Allee 16, Walldorf, BW, Germany, 69190 | https://www.sap.com |
| NVIDIA Corp | View profile | 29600 | 2788 San Tomas Expressway, Santa Clara, CA, United States, 95051 | https://www.nvidia.com |
Global artificial intelligence in retail market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to artificial intelligence in retail market will help companies and investors design strategic landscapes.
Solution was the largest segment with a revenue share of 78.94% in 2024. Horizon Databook has segmented the Global artificial intelligence in retail market based on solution, services covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Artificial Intelligence In Retail Component Outlook (Revenue, USD Million, 2018-2030)
- Solution
- Services
- Global Artificial Intelligence In Retail Technology Outlook (Revenue, USD Million, 2018-2030)
- Machine Learning
- Natural Language Processing
- Chatbots
- Image and Video Analytics
- Swarm Intelligence
- Global Artificial Intelligence In Retail Sales Channel Outlook (Revenue, USD Million, 2018-2030)
- Omnichannel
- Brick and Mortar
- Pure-play Online Retailers
- Global Artificial Intelligence In Retail Application Outlook (Revenue, USD Million, 2018-2030)
- Customer Relationship Management (CRM)
- Supply Chain and Logistics
- Inventory Management
- Product Optimization
- In-Store Navigation
- Payment and Pricing Analytics
- Virtual Assistant
- Others
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Target buyers of Global artificial intelligence in retail market databook
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Our clientele includes a mix of artificial intelligence in retail market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global artificial intelligence in retail market , including forecasts for subscribers. This global databook contains high-level insights into Global artificial intelligence in retail market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global artificial intelligence in retail market size, by regions, 2018-2030 (US$M)
Top 10 countries: Artificial intelligence in retail market size, 2024 (US$M)
Global artificial intelligence in retail market share, by component, 2024 & 2030 (%, US$M)
Artificial intelligence in retail market: Opportunity assessment by country
Global artificial intelligence in retail market, by region, 2024 (US$M)
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