Artificial Intelligence in Retail Market: Global Industry Analysis and Forecast (2024-2030)
The Artificial Intelligence in Retail Market size was valued at USD 8.24 Billion in 2023 and the total Artificial Intelligence in Retail revenue is expected to grow at a CAGR of 23.87% from 2024 to 2030, reaching nearly USD 36.87 Billion by 2030. Artificial intelligence in the retail industry encompasses a spectrum of technologies, including AI-driven analytics, natural language processing, computer vision, and robotics, among others. These technologies exhibit human-like intelligence and emulate human actions, and their applications extend across various retail operations. Machine learning in retail serves as a closely integrated companion to AI, enhancing the adaptive learning capabilities within the industry.
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