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Artificial Intelligence in Retail Market, By Technology (Machine Learning, Natural Language Processing, Computer Vision, and Robotic Process Automation), By Application (Personalized Recommendations, Inventory Management, Customer Service Chatbots, Fraud

Published Feb 27, 2025
Length 140 Pages
SKU # CMI19905915

Description

Artificial Intelligence (AI) is transforming industries at an unprecedented rate, and retail is no exception. AI is being applied to crucial areas of the retail experience from product recommendations to autonomous stores. AI presents a massive opportunity for retailers to gain deeper customer insights, optimize operations and inventory, and provide more personalized experiences. Advanced algorithms are powering new technologies like computer vision, which allows AI systems to see and understand visual inputs. This enables innovative applications from virtual assistants that see and understand consumer needs to autonomous checkout-free stores. AI is ushering in a new era of hyper-personalized interactions, customized product recommendations, and frictionless shopping experiences.

Market Dynamics:

The global artificial intelligence in retail market growth is driven by the growing need for personalized shopping experiences, predictive analysis to reduce risks and optimize operations, and automation of repetitive tasks to improve productivity. However, high implementation costs of advanced AI technologies and lack of skilled talent are restraining faster adoption. Key opportunities include leveraging computer vision for applications like visual search, virtual/augmented reality retail, and autonomous stores. Adoption of AI is also being encouraged by technological advancements such as edge computing that support advanced analytics even with limited connectivity. Retail giants are investing heavily in startups developing innovative AI solutions to gain a competitive edge and enhance customer experiences.

Key features of the study:
  • This report provides in-depth analysis of the global artificial intelligence in retail market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2025–2032), considering 2024 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global artificial intelligence in retail market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include Adobe, Alibaba Group, Amazon Web Services (AWS), Apple, Appier, Ceconomy, Edeka, Foot Locker, Home Depot, IBM, Kroger, Lemon AI, Lowe's, Microsoft, and NIKE
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global artificial intelligence in retail market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global artificial intelligence in retail market.
Detailed Segmentation-
  • By Technology Insights (Revenue, USD Bn, 2020 - 2032)
  • Machine Learning
  • Natural Language Processing (NLP)
  • Computer Vision
  • Robotic Process Automation (RPA)
  • By Application Insights (Revenue, USD Bn, 2020 - 2032)
  • Personalized Recommendations
  • Inventory Management
  • Customer Service Chatbots
  • Fraud Detection
  • Pricing Optimization
  • By End User Insights (Revenue, USD Bn, 2020 - 2032)
  • E-commerce
  • Brick-and-Mortar Stores
  • Wholesalers
  • By Regional Insights (Revenue, USD Bn, 2020 - 2032)
  • North America
  • U.S.
  • Canada
  • Latin America
  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America
  • Europe
  • Germany
  • U.K.
  • Spain
  • France
  • Italy
  • Russia
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
  • Middle East
  • GCC Countries
  • Israel
  • Rest of Middle East
  • Africa
  • South Africa
  • North Africa
  • Central Africa
  • Key Players Insights
  • Adobe
  • Alibaba Group
  • Amazon Web Services (AWS)
  • Apple
  • Appier
  • Ceconomy
  • Edeka
  • Foot Locker
  • Home Depot
  • IBM
  • Kroger
  • Lemon AI
  • Lowe's
  • Microsoft
  • NIKE

Table of Contents

140 Pages
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Technology
Market Snippet, By Application
Market Snippet, By End User
Market Snippet, By Region
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New System Launches/Approvals
Impact of COVID-19 Pandemic
4. Global Artificial Intelligence in Retail Market, By Technology, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021-2032
Segment Trends
Machine Learning
Introduction
Market Size and Forecast, 2020–2032, (USD Bn)
Natural Language Processing (NLP)
Introduction
Market Size and Forecast, 2020–2032, (USD Bn)
Computer Vision
Introduction
Market Size and Forecast, 2020–2032, (USD Bn)
Robotic Process Automation (RPA)
Introduction
Market Size and Forecast, 2020–2032, (USD Bn)
5. Global Artificial Intelligence in Retail Market, By Application, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021-2032
Segment Trends
Personalized Recommendations
Introduction
Market Size and Forecast, 2020–2032, (USD Bn)
Inventory Management
Introduction
Market Size and Forecast, 2020–2032, (USD Bn)
Customer Service Chatbots
Introduction
Market Size and Forecast, 2020–2032, (USD Bn)
Fraud Detection
Introduction
Market Size and Forecast, 2020–2032, (USD Bn)
Pricing Optimization
Introduction
Market Size and Forecast, 2020–2032, (USD Bn)
6. Global Artificial Intelligence in Retail Market, By End User, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021-2032
Segment Trends
E-commerce
Introduction
Market Size and Forecast, 2020–2032, (USD Bn)
Brick-and-Mortar Stores
Introduction
Market Size and Forecast, 2020–2032, (USD Bn)
Wholesalers
Introduction
Market Size and Forecast, 2020–2032, (USD Bn)
7. Global Artificial Intelligence in Retail Market, By Region, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, By Region, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021-2032
North America
Regional Trends
Market Size and Forecast, By Technology, 2020–2032, (USD Bn)
Market Size and Forecast, By Application, 2020–2032, (USD Bn)
Market Size and Forecast, By End User, 2020–2032, (USD Bn)
Market Size and Forecast, By Country, 2020–2032, (USD Bn)
U.S.
Canada
Europe
Regional Trends
Market Size and Forecast, By Technology, 2020–2032, (USD Bn)
Market Size and Forecast, By Application, 2020–2032, (USD Bn)
Market Size and Forecast, By End User, 2020–2032, (USD Bn)
Market Size and Forecast, By Country, 2020–2032, (USD Bn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
Regional Trends
Market Size and Forecast, By Technology, 2020–2032, (USD Bn)
Market Size and Forecast, By Application, 2020–2032, (USD Bn)
Market Size and Forecast, By End User, 2020–2032, (USD Bn)
Market Size and Forecast, By Country, 2020–2032, (USD Bn)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
Regional Trends
Market Size and Forecast, By Technology, 2020–2032, (USD Bn)
Market Size and Forecast, By Application, 2020–2032, (USD Bn)
Market Size and Forecast, By End User, 2020–2032, (USD Bn)
Market Size and Forecast, By Country, 2020–2032, (USD Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East
Regional Trends
Market Size and Forecast, By Technology, 2020–2032, (USD Bn)
Market Size and Forecast, By Application, 2020–2032, (USD Bn)
Market Size and Forecast, By End User, 2020–2032, (USD Bn)
Market Size and Forecast, By Country, 2020–2032, (USD Bn)
Israel
GCC Countries
Rest of the Middle East
Africa
Regional Trends
Market Size and Forecast, By Technology, 2020–2032, (USD Bn)
Market Size and Forecast, By Application, 2020–2032, (USD Bn)
Market Size and Forecast, By End User, 2020–2032, (USD Bn)
Market Size and Forecast, By Country, 2020–2032, (USD Bn)
South Africa
North Africa
Central Africa
8. Competitive Landscape
Company Profiles
Adobe
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Alibaba Group
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Amazon Web Services (AWS)
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Apple
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Appier
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Ceconomy
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Edeka
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Foot Locker
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Home Depot
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
IBM
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Kroger
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Lemon AI
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Lowe's
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Microsoft
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
NIKE
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
9. Analyst Recommendations
Wheel of Fortune
Analyst View
Coherent Opportunity Map
10. Research Methodology
References
Research Methodology
About us and Sales Contact
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