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Artificial Intelligence In Retail Market | Acumen Research and Consulting

Artificial Intelligence in Retail Market Size - Global Industry, Share, Analysis, Trends and Forecast 2023 - 2032

Published : Jan 2024

Report ID: ARC2483

Pages : 250

Format : Artificial Intelligence in Retail Market Size - Global Industry, Share, Analysis, Trends and Forecast 2023 - 2032

Summary Table of Content Customization Download Sample Infographics

CHAPTER 1. Industry Overview of Artificial Intelligence in Retail Market

1.1. Definition and Scope

1.1.1. Definition of Artificial Intelligence in Retail

1.1.2. Market Segmentation

1.1.3. Years Considered for the Study

1.1.4. Assumptions and Acronyms Used

1.1.4.1. Market Assumptions and Market Forecast

1.1.4.2. Acronyms Used in Global Artificial Intelligence in Retail Market

1.2. Summary

1.2.1. Executive Summary 

1.2.2. Artificial Intelligence in Retail Market By Component

1.2.3. Artificial Intelligence in Retail Market By Technology

1.2.4. Artificial Intelligence in Retail Market By Sales Channel

1.2.5. Artificial Intelligence in Retail Market By Application

1.2.6. Artificial Intelligence in Retail Market By Region

CHAPTER 2. Research Approach

2.1. Methodology 

2.1.1. Research Programs

2.1.2. Market Size Estimation

2.1.3. Market Breakdown and Data Triangulation

2.2. Data Source

2.2.1. Secondary Sources

2.2.2. Primary Sources

CHAPTER 3. Market Dynamics And Competition Analysis

3.1. Market Drivers

3.1.1. Driver 1

3.1.2. Driver 2

3.2. Restraints and Challenges

3.2.1. Restraint 1

3.2.2. Restraint 2

3.3. Growth Opportunities

3.3.1. Opportunity 1

3.3.2. Opportunity 2 

3.4. Porter’s Five Forces Analysis

3.4.1. Bargaining Power of Suppliers

3.4.2. Bargaining Power of Buyers

3.4.3. Threat of Substitute

3.4.4. Threat of New Entrants

3.4.5. Degree of Competition

3.5. Market Concentration Ratio and Market Maturity Analysis of Artificial Intelligence in Retail Market

3.5.1. Go To Market Strategy

3.5.1.1. Introduction

3.5.1.2. Growth

3.5.1.3. Maturity

3.5.1.4. Saturation

3.5.1.5. Possible Development

3.6. Technological Roadmap for Artificial Intelligence in Retail Market

3.7. Value Chain Analysis

3.7.1. List of Key Manufacturers 

3.7.2. List of Customers

3.7.3. Level of Integration

3.8. Regulatory Compliance

3.9. Competitive Landscape, 2022

3.9.1. Player Positioning Analysis

3.9.2. Key Strategies Adopted By Leading Players

CHAPTER 4. Artificial Intelligence in Retail Market By Component

4.1. Introduction

4.2. Artificial Intelligence in Retail Revenue By Component

4.2.1. Artificial Intelligence in Retail Revenue (USD Billion) and Forecast, By Component, 2020-2032

4.2.2. Solution

4.2.2.1. Solution Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

4.2.3. Service

4.2.3.1. Service Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

CHAPTER 5. Artificial Intelligence in Retail Market By Technology

5.1. Introduction

5.2. Artificial Intelligence in Retail Revenue By Technology

5.2.1. Artificial Intelligence in Retail Revenue (USD Billion) and Forecast, By Technology, 2020-2032

5.2.2. Machine Learning

5.2.2.1. Machine Learning Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.3. Natural Language Processing

5.2.3.1. Natural Language Processing Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.4. Chatbots

5.2.4.1. Chatbots Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.5. Image and Video Analytics

5.2.5.1. Image and Video Analytics Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.6. Swarm Intelligence

5.2.6.1. Swarm Intelligence Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

CHAPTER 6. Artificial Intelligence in Retail Market By Sales Channel

6.1. Introduction

6.2. Artificial Intelligence in Retail Revenue By Sales Channel

6.2.1. Artificial Intelligence in Retail Revenue (USD Billion) and Forecast, By Sales Channel, 2020-2032

6.2.2. Omnichannel

6.2.2.1. Omnichannel Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

6.2.3. Brick and Mortar

6.2.3.1. Brick and Mortar Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

6.2.4. Pure-play Online Retailers

6.2.4.1. Pure-play Online Retailers Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

CHAPTER 7. Artificial Intelligence in Retail Market By Application

7.1. Introduction

7.2. Artificial Intelligence in Retail Revenue By Application

7.2.1. Artificial Intelligence in Retail Revenue (USD Billion) and Forecast, By Application, 2020-2032

7.2.2. Customer Relationship Management (CRM)

7.2.2.1. Customer Relationship Management (CRM) Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

7.2.3. Supply Chain and Logistics

7.2.3.1. Supply Chain and Logistics Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

7.2.4. Inventory Management

7.2.4.1. Inventory Management Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

7.2.5. Product Optimization

7.2.5.1. Product Optimization Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

7.2.6. In-Store Navigation

7.2.6.1. In-Store Navigation Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

7.2.7. Payment and Pricing Analytics

7.2.7.1. Payment and Pricing Analytics Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

7.2.8. Virtual Assistant

7.2.8.1. Virtual Assistant Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

CHAPTER 8. North America Artificial Intelligence in Retail Market By Country 

8.1. North America Artificial Intelligence in Retail Market Overview

8.2. U.S.

8.2.1. U.S. Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Component, 2020-2032

8.2.2. U.S. Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Technology, 2020-2032

8.2.3. U.S. Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Sales Channel, 2020-2032

8.2.4. U.S. Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Application, 2020-2032

8.3. Canada

8.3.1. Canada Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Component, 2020-2032

8.3.2. Canada Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Technology, 2020-2032

8.3.3. Canada Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Sales Channel, 2020-2032

8.3.4. Canada Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Application, 2020-2032

8.4. North America PEST Analysis

CHAPTER 9. Europe Artificial Intelligence in Retail Market By Country

9.1. Europe Artificial Intelligence in Retail Market Overview

9.2. U.K.

9.2.1. U.K. Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Component, 2020-2032

9.2.2. U.K. Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Technology, 2020-2032

9.2.3. U.K. Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Sales Channel, 2020-2032

9.2.4. U.K. Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Application, 2020-2032

9.3. Germany

9.3.1. Germany Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Component, 2020-2032

9.3.2. Germany Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Technology, 2020-2032

9.3.3. Germany Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Sales Channel, 2020-2032

9.3.4. Germany Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Application, 2020-2032

9.4. France

9.4.1. France Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Component, 2020-2032

9.4.2. France Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Technology, 2020-2032

9.4.3. France Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Sales Channel, 2020-2032

9.4.4. France Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Application, 2020-2032

9.5. Spain

9.5.1. Spain Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Component, 2020-2032

9.5.2. Spain Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Technology, 2020-2032

9.5.3. Spain Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Sales Channel, 2020-2032

9.5.4. Spain Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Application, 2020-2032

9.6. Rest of Europe

9.6.1. Rest of Europe Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Component, 2020-2032

9.6.2. Rest of Europe Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Technology, 2020-2032

9.6.3. Rest of Europe Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Sales Channel, 2020-2032

9.6.4. Rest of Europe Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Application, 2020-2032

9.7. Europe PEST Analysis

CHAPTER 10. Asia Pacific Artificial Intelligence in Retail Market By Country

10.1. Asia Pacific Artificial Intelligence in Retail Market Overview

10.2. China

10.2.1. China Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Component, 2020-2032

10.2.2. China Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Technology, 2020-2032

10.2.3. China Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Sales Channel, 2020-2032

10.2.4. China Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Application, 2020-2032

10.3. Japan

10.3.1. Japan Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Component, 2020-2032

10.3.2. Japan Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Technology, 2020-2032

10.3.3. Japan Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Sales Channel, 2020-2032

10.3.4. Japan Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Application, 2020-2032

10.4. India

10.4.1. India Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Component, 2020-2032

10.4.2. India Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Technology, 2020-2032

10.4.3. India Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Sales Channel, 2020-2032

10.4.4. India Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Application, 2020-2032

10.5. Australia

10.5.1. Australia Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Component, 2020-2032

10.5.2. Australia Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Technology, 2020-2032

10.5.3. Australia Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Sales Channel, 2020-2032

10.5.4. Australia Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Application, 2020-2032

10.6. South Korea

10.6.1. South Korea Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Component, 2020-2032

10.6.2. South Korea Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Technology, 2020-2032

10.6.3. South Korea Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Sales Channel, 2020-2032

10.6.4. South Korea Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Application, 2020-2032

10.7. Rest of Asia-Pacific

10.7.1. Rest of Asia-Pacific Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Component, 2020-2032

10.7.2. Rest of Asia-Pacific Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Technology, 2020-2032

10.7.3. Rest of Asia-Pacific Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Sales Channel, 2020-2032

10.7.4. Rest of Asia-Pacific Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Application, 2020-2032

10.8. Asia Pacific PEST Analysis

CHAPTER 11. Latin America Artificial Intelligence in Retail Market By Country

11.1. Latin America Artificial Intelligence in Retail Market Overview

11.2. Brazil

11.2.1. Brazil Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Component, 2020-2032

11.2.2. Brazil Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Technology, 2020-2032

11.2.3. Brazil Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Sales Channel, 2020-2032

11.2.4. Brazil Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Application, 2020-2032

11.3. Mexico

11.3.1. Mexico Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Component, 2020-2032

11.3.2. Mexico Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Technology, 2020-2032

11.3.3. Mexico Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Sales Channel, 2020-2032

11.3.4. Mexico Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Application, 2020-2032

11.4. Rest of Latin America

11.4.1. Rest of Latin America Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Component, 2020-2032

11.4.2. Rest of Latin America Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Technology, 2020-2032

11.4.3. Rest of Latin America Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Sales Channel, 2020-2032

11.4.4. Rest of Latin America Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Application, 2020-2032

11.5. Latin America PEST Analysis

CHAPTER 12. Middle East & Africa Artificial Intelligence in Retail Market By Country 

12.1. Middle East & Africa Artificial Intelligence in Retail Market Overview

12.2. GCC

12.2.1. GCC Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Component, 2020-2032

12.2.2. GCC Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Technology, 2020-2032

12.2.3. GCC Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Sales Channel, 2020-2032

12.2.4. GCC Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Application, 2020-2032

12.3. South Africa

12.3.1. South Africa Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Component, 2020-2032

12.3.2. South Africa Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Technology, 2020-2032

12.3.3. South Africa Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Sales Channel, 2020-2032

12.3.4. South Africa Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Application, 2020-2032

12.4. Rest of Middle East & Africa

12.4.1. Rest of Middle East & Africa Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Component, 2020-2032

12.4.2. Rest of Middle East & Africa Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Technology, 2020-2032

12.4.3. Rest of Middle East & Africa Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Sales Channel, 2020-2032

12.4.4. Rest of Middle East & Africa Artificial Intelligence in Retail Revenue (USD Billion) and Forecast By Application, 2020-2032

12.5. Middle East & Africa PEST Analysis

CHAPTER 13. Player Analysis Of Artificial Intelligence in Retail Market

13.1. Artificial Intelligence in Retail Market Company Share Analysis

13.2. Competition Matrix

13.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment

13.2.2. New Component Launches and Component Enhancements

13.2.3. Mergers And Acquisition In Global Artificial Intelligence in Retail Market

13.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements

CHAPTER 14. Company Profile

14.1. International Business Machines Corporation (IBM

14.1.1. Company Snapshot

14.1.2. Business Overview

14.1.3. Financial Overview

14.1.3.1. Revenue (USD Billion), 2022

14.1.3.2. International Business Machines Corporation (IBM) 2022 Artificial Intelligence in Retail Business Regional Distribution

14.1.4. Component /Service and Specification

14.1.5. Recent Developments & Business Strategy

14.2. Microsoft Corporation

14.3. Amazon Web Services

14.4. Oracle Corporation

14.5. SAP SE

14.6. Intel Corporation

14.7. NVIDIA Corporation

14.8. Google LLC

14.9. Sentient Technologies

14.10. Salesforce, Inc.

Frequently Asked Questions

How big is the artificial intelligence in retail market?

The artificial intelligence in retail market size was valued at USD 5.6 billion in 2022.

What is the CAGR of the global artificial intelligence in retail market from 2023 to 2032?

The CAGR of artificial intelligence in retail is 36.7% during the analysis period of 2023 to 2032.

Which are the key players in the artificial intelligence in retail market?

The key players operating in the global market are including International Business Machines Corporation (IBM), Microsoft Corporation, Amazon Web Services, Oracle Corporation, SAP SE, Intel Corporation, NVIDIA Corporation, Google LLC, Sentient Technologies, and Salesforce, Inc.

Which region dominated the global artificial intelligence in retail market share?

North America held the dominating position in artificial intelligence in retail industry during the analysis period of 2023 to 2032.

Which region registered fastest CAGR from 2023 to 2032?

Asia-Pacific region exhibited fastest growing CAGR for market of artificial intelligence in retail during the analysis period of 2023 to 2032.

What are the current trends and dynamics in the global artificial intelligence in retail industry?

The current trends and dynamics in the artificial intelligence in retail industry include rising demand for data-driven personalization in retail experiences, increasing operational efficiency through AI adoption, growing reliance on advanced analytics for informed decision-making, and the continuous rise in streamlined supply chain management practices.

Which technology held the maximum share in 2022?

The machine learning technology held the maximum share of the artificial intelligence in retail industry.

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