U.S. Smart Retail Market Size & Outlook, 2026-2033
The smart retail market in the United States is expected to reach a projected revenue of US$ 86,867.4 million by 2033. A compound annual growth rate of 28.9% is expected of the United States smart retail market from 2026 to 2033.
The U.S. smart retail market generated a revenue of USD 11,746.5 million in 2025 and is expected to reach USD 86,867.4 million by 2033.
The U.S. market is expected to grow at a CAGR of 28.9% from 2026 to 2033.
In terms of segment, hardware was the largest revenue generating solution in 2025.
Software is the most lucrative solution segment registering the fastest growth during the forecast period.
Smart retail market data book summary
Market revenue in 2025
USD 11,746.5 million
Market revenue in 2033
USD 86,867.4 million
Growth rate
28.9% (CAGR from 2026 to 2033)
Largest segment
Hardware
Fastest growing segment
Software
Historical data
2021 - 2024
Base year
2025
Forecast period
2026 - 2033
Quantitative units
Revenue in USD million
Market segmentation
Hardware, Software
Key market players worldwide
Amazon.com Inc, Cisco Systems Inc, Alphabet Inc Class A, Honeywell International Inc, Huawei Technologies, International Business Machines Corp, Intel Corp, LG Electronics Inc ADR, NVIDIA Corp, NXP Semiconductors NV, Pax Global Technology Ltd, Samsung Electronics Co Ltd, Apollo Global Management Inc Class A, NCR Atleos Corp
Other key industry trends
In terms of revenue, U.S. accounted for 21.6% of the global smart retail market in 2025.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
In North America, U.S. smart retail market is projected to lead the regional market in terms of revenue in 2033.
Mexico is the fastest growing regional market in North America and is projected to reach USD 21,089.5 million by 2033.
The country has been witnessing increasing retail sales over ever-expanding retail industry in the country has resulted in increased competition among retail businesses, compelling them to adopt new strategies to capture the market. This includes an increased focus on digitization and the adoption of new technologies and products aimed at enhancing retail operations and customer service, such as smart retail solutions.
The growing influx of advanced smart retail solutions could also favor the growth of the U.S. market. For instance, in May 2023, KORE Wireless announced a new retail solution that supports 5G cellular connectivity through fixed wireless access. Considering the higher volume of data and speed required in present-day retail applications, a 5G network with greater bandwidth enables the support of new and evolving applications.
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 Smart Retail Market Outlook will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 72.24% in 2025.
Horizon Databook has segmented the U.S. smart retail market based on hardware, software covering the revenue growth of each sub-segment from 2021 to 2033.
The country has been witnessing increasing retail sales over ever-expanding retail industry in the country has resulted in increased competition among retail businesses, compelling them to adopt new strategies to capture the market. This includes an increased focus on digitization and the adoption of new technologies and products aimed at enhancing retail operations and customer service, such as smart retail solutions.
The growing influx of advanced smart retail solutions could also favor the growth of the U.S. market. For instance, in May 2023, KORE Wireless announced a new retail solution that supports 5G cellular connectivity through fixed wireless access. Considering the higher volume of data and speed required in present-day retail applications, a 5G network with greater bandwidth enables the support of new and evolving applications.
U.S. Smart Retail Market Solution Outlook (Revenue, USD Million , 2021-2033)
Hardware
Software
U.S. Smart Retail Market Application Outlook (Revenue, USD Million , 2021-2033)
Visual Marketing
Smart Label
Smart Payment System
Intelligent System
Other(Robotics, analytics)
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. Smart Retail Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into U.S. Smart Retail Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.