Europe Artificial Intelligence In Retail Market Size & Outlook
The artificial intelligence in retail market in Europe is expected to reach a projected revenue of US$ 8,454.8 million by 2030. A compound annual growth rate of 19.8% is expected of Europe artificial intelligence in retail market from 2025 to 2030.
Revenue, 2024 (US$M)
$2,809.9
Forecast, 2030 (US$M)
$8,454.8
CAGR, 2025 - 2030
19.8%
Report Coverage
Europe
Global Market
Related Markets
Europe artificial intelligence in retail market highlights
- The Europe artificial intelligence in retail market generated a revenue of USD 2,809.9 million in 2024.
- The market is expected to grow at a CAGR of 19.8% from 2025 to 2030.
- In terms of segment, solution was the largest revenue generating component in 2024.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, France is expected to register the highest CAGR from 2025 to 2030.
Europe data book summary
| Market revenue in 2024 | USD 2,809.9 million |
| Market revenue in 2030 | USD 8,454.8 million |
| Growth rate | 19.8% (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, Europe region accounted for 24.2% of the global artificial intelligence in retail market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 15,670.6 million by 2030.
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Publish Date: Feb 24, 2025
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Artificial Intelligence In Retail Market Scope
Artificial Intelligence In Retail Market segmentation & scope
Others
Artificial Intelligence In Retail Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| NVIDIA Corp | View profile | 29,600 | 2788 San Tomas Expressway, Santa Clara, CA, United States, 95051 | www.nvidia.com |
| SAP SE ADR | View profile | 107,602 | Dietmar-Hopp-Allee 16, Walldorf, BW, Germany, 69190 | www.sap.com |
| Google LLC | View profile | - | - | - |
| Salesforce, Inc. | View profile | - | - | - |
| Microsoft Corporation | View profile | - | - | - |
| Oracle Corporation | View profile | - | - | - |
| IBM Corporation | View profile | - | - | - |
| Intel Corporation | View profile | - | - | - |
| Sentient Technologies | View profile | 11-50 | San Francisco, California, United States, North America | www.sentient.ai/ |
Europe 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 Outlook will help companies and investors design strategic landscapes.
Solution was the largest segment with a revenue share of 76.54% in 2024.
Horizon Databook has segmented the Europe artificial intelligence in retail market based on solution, services covering the revenue growth of each sub-segment from 2018 to 2030.
- Europe Artificial Intelligence In Retail Market Component Outlook (Revenue, USD Million , 2018-2030)
- Solution
- Services
- Europe Artificial Intelligence In Retail Market Technology Outlook (Revenue, USD Million , 2018-2030)
- Machine Learning
- Natural Language Processing
- Chatbots
- Image and Video Analytics
- Swarm Intelligence
- Europe Artificial Intelligence In Retail Market Sales Channel Outlook (Revenue, USD Million , 2018-2030)
- Omnichannel
- Brick and Mortar
- Pure-play Online Retailers
- Europe Artificial Intelligence In Retail Market 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe Artificial Intelligence In Retail Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Europe Artificial Intelligence In Retail Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Europe Artificial Intelligence In Retail Market, 2018-2030 (US$M)
Europe Component - Artificial Intelligence In Retail Market Statistics, 2024 - 2030 (US$M)
