Home Technology Artificial Intelligence in Retail Market Size, Share & Forecast to 2031

Artificial Intelligence in Retail Market

Artificial Intelligence in Retail Market Size, Share & Trends Analysis Report By Type (Online, Offline), By Technology (Machine Learning and Deep Learning, Natural Language Processing, Others), By Solution (Product Recommendation and Planning, Customer Relationship Management, Visual Search, Virtual Assistant, Price Optimization, Payment Services management, Supply chain management and Demand Planning, Others), By Service (Professional Services, Managed Services), By Deployment Model (Cloud, On-Premises), By Application (Predictive Merchandising, Programmatic Advertising, Market Forecasting, In-Store Visual Monitoring and Surveillance, Location-Based Marketing, Other) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2023-2031

Report Code: SRTE273DR
Study Period 2019-2031 CAGR 35.3%
Historical Period 2019-2021 Forecast Period 2023-2031
Base Year 2022 Base Year Market Size USD 5.91 Billion
Forecast Year 2031 Forecast Year Market Size USD 89.79 Billion
Largest Market North America Fastest Growing Market Europe

Market Segmentation

  1. Artificial Intelligence in Retail Market, By Type (2021-2031)
    1. Online
    2. Offline
  2. Artificial Intelligence in Retail Market, By Technology (2021-2031)
    1. Machine Learning and Deep Learning
    2. Natural Language Processing
    3. Others
  3. Artificial Intelligence in Retail Market, By Solution (2021-2031)
    1. Product Recommendation and Planning
    2. Customer Relationship Management
    3. Visual Search
    4. Virtual Assistant
    5. Price Optimization
    6. Payment Services management
    7. Supply chain management and Demand Planning
    8. Others
  4. Artificial Intelligence in Retail Market, By Service (2021-2031)
    1. Professional Services
    2. Managed Services
  5. Artificial Intelligence in Retail Market, By Deployment Model (2021-2031)
    1. Cloud
    2. On-Premises
  6. Artificial Intelligence in Retail Market, By Application (2021-2031)
    1. Predictive Merchandising
    2. Programmatic Advertising
    3. Market Forecasting
    4. In-Store Visual Monitoring and Surveillance
    5. Location-Based Marketing
    6. Other
    1. North America
      1. North America Artificial Intelligence in Retail Market, By Type
        1. Online
          1. Offline
          2. North America Artificial Intelligence in Retail Market, By Technology
            1. Machine Learning and Deep Learning
              1. Natural Language Processing
                1. Others
                2. North America Artificial Intelligence in Retail Market, By Solution
                  1. Product Recommendation and Planning
                    1. Customer Relationship Management
                      1. Visual Search
                        1. Virtual Assistant
                          1. Price Optimization
                            1. Payment Services management
                              1. Supply chain management and Demand Planning
                                1. Others
                                2. North America Artificial Intelligence in Retail Market, By Service
                                  1. Professional Services
                                    1. Managed Services
                                    2. North America Artificial Intelligence in Retail Market, By Deployment Model
                                      1. Cloud
                                        1. On-Premises
                                        2. North America Artificial Intelligence in Retail Market, By Application
                                          1. Predictive Merchandising
                                            1. Programmatic Advertising
                                              1. Market Forecasting
                                                1. In-Store Visual Monitoring and Surveillance
                                                  1. Location-Based Marketing
                                                    1. Other
                                                    2. U.S.
                                                      1. U.S. Artificial Intelligence in Retail Market, By Type
                                                        1. Online
                                                          1. Offline
                                                          2. U.S. Artificial Intelligence in Retail Market, By Technology
                                                            1. Machine Learning and Deep Learning
                                                              1. Natural Language Processing
                                                                1. Others
                                                                2. U.S. Artificial Intelligence in Retail Market, By Solution
                                                                  1. Product Recommendation and Planning
                                                                    1. Customer Relationship Management
                                                                      1. Visual Search
                                                                        1. Virtual Assistant
                                                                          1. Price Optimization
                                                                            1. Payment Services management
                                                                              1. Supply chain management and Demand Planning
                                                                                1. Others
                                                                                2. U.S. Artificial Intelligence in Retail Market, By Service
                                                                                  1. Professional Services
                                                                                    1. Managed Services
                                                                                    2. U.S. Artificial Intelligence in Retail Market, By Deployment Model
                                                                                      1. Cloud
                                                                                        1. On-Premises
                                                                                        2. U.S. Artificial Intelligence in Retail Market, By Application
                                                                                          1. Predictive Merchandising
                                                                                            1. Programmatic Advertising
                                                                                              1. Market Forecasting
                                                                                                1. In-Store Visual Monitoring and Surveillance
                                                                                                  1. Location-Based Marketing
                                                                                                    1. Other
                                                                                                  2. Canada
                                                                                                2. Europe
                                                                                                  1. Europe Artificial Intelligence in Retail Market, By Type
                                                                                                    1. Online
                                                                                                      1. Offline
                                                                                                      2. Europe Artificial Intelligence in Retail Market, By Technology
                                                                                                        1. Machine Learning and Deep Learning
                                                                                                          1. Natural Language Processing
                                                                                                            1. Others
                                                                                                            2. Europe Artificial Intelligence in Retail Market, By Solution
                                                                                                              1. Product Recommendation and Planning
                                                                                                                1. Customer Relationship Management
                                                                                                                  1. Visual Search
                                                                                                                    1. Virtual Assistant
                                                                                                                      1. Price Optimization
                                                                                                                        1. Payment Services management
                                                                                                                          1. Supply chain management and Demand Planning
                                                                                                                            1. Others
                                                                                                                            2. Europe Artificial Intelligence in Retail Market, By Service
                                                                                                                              1. Professional Services
                                                                                                                                1. Managed Services
                                                                                                                                2. Europe Artificial Intelligence in Retail Market, By Deployment Model
                                                                                                                                  1. Cloud
                                                                                                                                    1. On-Premises
                                                                                                                                    2. Europe Artificial Intelligence in Retail Market, By Application
                                                                                                                                      1. Predictive Merchandising
                                                                                                                                        1. Programmatic Advertising
                                                                                                                                          1. Market Forecasting
                                                                                                                                            1. In-Store Visual Monitoring and Surveillance
                                                                                                                                              1. Location-Based Marketing
                                                                                                                                                1. Other
                                                                                                                                                2. U.K.
                                                                                                                                                  1. U.K. Artificial Intelligence in Retail Market, By Type
                                                                                                                                                    1. Online
                                                                                                                                                      1. Offline
                                                                                                                                                      2. U.K. Artificial Intelligence in Retail Market, By Technology
                                                                                                                                                        1. Machine Learning and Deep Learning
                                                                                                                                                          1. Natural Language Processing
                                                                                                                                                            1. Others
                                                                                                                                                            2. U.K. Artificial Intelligence in Retail Market, By Solution
                                                                                                                                                              1. Product Recommendation and Planning
                                                                                                                                                                1. Customer Relationship Management
                                                                                                                                                                  1. Visual Search
                                                                                                                                                                    1. Virtual Assistant
                                                                                                                                                                      1. Price Optimization
                                                                                                                                                                        1. Payment Services management
                                                                                                                                                                          1. Supply chain management and Demand Planning
                                                                                                                                                                            1. Others
                                                                                                                                                                            2. U.K. Artificial Intelligence in Retail Market, By Service
                                                                                                                                                                              1. Professional Services
                                                                                                                                                                                1. Managed Services
                                                                                                                                                                                2. U.K. Artificial Intelligence in Retail Market, By Deployment Model
                                                                                                                                                                                  1. Cloud
                                                                                                                                                                                    1. On-Premises
                                                                                                                                                                                    2. U.K. Artificial Intelligence in Retail Market, By Application
                                                                                                                                                                                      1. Predictive Merchandising
                                                                                                                                                                                        1. Programmatic Advertising
                                                                                                                                                                                          1. Market Forecasting
                                                                                                                                                                                            1. In-Store Visual Monitoring and Surveillance
                                                                                                                                                                                              1. Location-Based Marketing
                                                                                                                                                                                                1. Other
                                                                                                                                                                                              2. Germany
                                                                                                                                                                                              3. France
                                                                                                                                                                                              4. Spain
                                                                                                                                                                                              5. Italy
                                                                                                                                                                                              6. Russia
                                                                                                                                                                                              7. Nordic
                                                                                                                                                                                              8. Benelux
                                                                                                                                                                                              9. Rest of Europe
                                                                                                                                                                                            2. APAC
                                                                                                                                                                                              1. APAC Artificial Intelligence in Retail Market, By Type
                                                                                                                                                                                                1. Online
                                                                                                                                                                                                  1. Offline
                                                                                                                                                                                                  2. APAC Artificial Intelligence in Retail Market, By Technology
                                                                                                                                                                                                    1. Machine Learning and Deep Learning
                                                                                                                                                                                                      1. Natural Language Processing
                                                                                                                                                                                                        1. Others
                                                                                                                                                                                                        2. APAC Artificial Intelligence in Retail Market, By Solution
                                                                                                                                                                                                          1. Product Recommendation and Planning
                                                                                                                                                                                                            1. Customer Relationship Management
                                                                                                                                                                                                              1. Visual Search
                                                                                                                                                                                                                1. Virtual Assistant
                                                                                                                                                                                                                  1. Price Optimization
                                                                                                                                                                                                                    1. Payment Services management
                                                                                                                                                                                                                      1. Supply chain management and Demand Planning
                                                                                                                                                                                                                        1. Others
                                                                                                                                                                                                                        2. APAC Artificial Intelligence in Retail Market, By Service
                                                                                                                                                                                                                          1. Professional Services
                                                                                                                                                                                                                            1. Managed Services
                                                                                                                                                                                                                            2. APAC Artificial Intelligence in Retail Market, By Deployment Model
                                                                                                                                                                                                                              1. Cloud
                                                                                                                                                                                                                                1. On-Premises
                                                                                                                                                                                                                                2. APAC Artificial Intelligence in Retail Market, By Application
                                                                                                                                                                                                                                  1. Predictive Merchandising
                                                                                                                                                                                                                                    1. Programmatic Advertising
                                                                                                                                                                                                                                      1. Market Forecasting
                                                                                                                                                                                                                                        1. In-Store Visual Monitoring and Surveillance
                                                                                                                                                                                                                                          1. Location-Based Marketing
                                                                                                                                                                                                                                            1. Other
                                                                                                                                                                                                                                            2. China
                                                                                                                                                                                                                                              1. China Artificial Intelligence in Retail Market, By Type
                                                                                                                                                                                                                                                1. Online
                                                                                                                                                                                                                                                  1. Offline
                                                                                                                                                                                                                                                  2. China Artificial Intelligence in Retail Market, By Technology
                                                                                                                                                                                                                                                    1. Machine Learning and Deep Learning
                                                                                                                                                                                                                                                      1. Natural Language Processing
                                                                                                                                                                                                                                                        1. Others
                                                                                                                                                                                                                                                        2. China Artificial Intelligence in Retail Market, By Solution
                                                                                                                                                                                                                                                          1. Product Recommendation and Planning
                                                                                                                                                                                                                                                            1. Customer Relationship Management
                                                                                                                                                                                                                                                              1. Visual Search
                                                                                                                                                                                                                                                                1. Virtual Assistant
                                                                                                                                                                                                                                                                  1. Price Optimization
                                                                                                                                                                                                                                                                    1. Payment Services management
                                                                                                                                                                                                                                                                      1. Supply chain management and Demand Planning
                                                                                                                                                                                                                                                                        1. Others
                                                                                                                                                                                                                                                                        2. China Artificial Intelligence in Retail Market, By Service
                                                                                                                                                                                                                                                                          1. Professional Services
                                                                                                                                                                                                                                                                            1. Managed Services
                                                                                                                                                                                                                                                                            2. China Artificial Intelligence in Retail Market, By Deployment Model
                                                                                                                                                                                                                                                                              1. Cloud
                                                                                                                                                                                                                                                                                1. On-Premises
                                                                                                                                                                                                                                                                                2. China Artificial Intelligence in Retail Market, By Application
                                                                                                                                                                                                                                                                                  1. Predictive Merchandising
                                                                                                                                                                                                                                                                                    1. Programmatic Advertising
                                                                                                                                                                                                                                                                                      1. Market Forecasting
                                                                                                                                                                                                                                                                                        1. In-Store Visual Monitoring and Surveillance
                                                                                                                                                                                                                                                                                          1. Location-Based Marketing
                                                                                                                                                                                                                                                                                            1. Other
                                                                                                                                                                                                                                                                                          2. Korea
                                                                                                                                                                                                                                                                                          3. Japan
                                                                                                                                                                                                                                                                                          4. India
                                                                                                                                                                                                                                                                                          5. Australia
                                                                                                                                                                                                                                                                                          6. Taiwan
                                                                                                                                                                                                                                                                                          7. South East Asia
                                                                                                                                                                                                                                                                                          8. Rest of Asia-Pacific
                                                                                                                                                                                                                                                                                        2. Middle East and Africa
                                                                                                                                                                                                                                                                                          1. Middle East and Africa Artificial Intelligence in Retail Market, By Type
                                                                                                                                                                                                                                                                                            1. Online
                                                                                                                                                                                                                                                                                              1. Offline
                                                                                                                                                                                                                                                                                              2. Middle East and Africa Artificial Intelligence in Retail Market, By Technology
                                                                                                                                                                                                                                                                                                1. Machine Learning and Deep Learning
                                                                                                                                                                                                                                                                                                  1. Natural Language Processing
                                                                                                                                                                                                                                                                                                    1. Others
                                                                                                                                                                                                                                                                                                    2. Middle East and Africa Artificial Intelligence in Retail Market, By Solution
                                                                                                                                                                                                                                                                                                      1. Product Recommendation and Planning
                                                                                                                                                                                                                                                                                                        1. Customer Relationship Management
                                                                                                                                                                                                                                                                                                          1. Visual Search
                                                                                                                                                                                                                                                                                                            1. Virtual Assistant
                                                                                                                                                                                                                                                                                                              1. Price Optimization
                                                                                                                                                                                                                                                                                                                1. Payment Services management
                                                                                                                                                                                                                                                                                                                  1. Supply chain management and Demand Planning
                                                                                                                                                                                                                                                                                                                    1. Others
                                                                                                                                                                                                                                                                                                                    2. Middle East and Africa Artificial Intelligence in Retail Market, By Service
                                                                                                                                                                                                                                                                                                                      1. Professional Services
                                                                                                                                                                                                                                                                                                                        1. Managed Services
                                                                                                                                                                                                                                                                                                                        2. Middle East and Africa Artificial Intelligence in Retail Market, By Deployment Model
                                                                                                                                                                                                                                                                                                                          1. Cloud
                                                                                                                                                                                                                                                                                                                            1. On-Premises
                                                                                                                                                                                                                                                                                                                            2. Middle East and Africa Artificial Intelligence in Retail Market, By Application
                                                                                                                                                                                                                                                                                                                              1. Predictive Merchandising
                                                                                                                                                                                                                                                                                                                                1. Programmatic Advertising
                                                                                                                                                                                                                                                                                                                                  1. Market Forecasting
                                                                                                                                                                                                                                                                                                                                    1. In-Store Visual Monitoring and Surveillance
                                                                                                                                                                                                                                                                                                                                      1. Location-Based Marketing
                                                                                                                                                                                                                                                                                                                                        1. Other
                                                                                                                                                                                                                                                                                                                                        2. UAE
                                                                                                                                                                                                                                                                                                                                          1. UAE Artificial Intelligence in Retail Market, By Type
                                                                                                                                                                                                                                                                                                                                            1. Online
                                                                                                                                                                                                                                                                                                                                              1. Offline
                                                                                                                                                                                                                                                                                                                                              2. UAE Artificial Intelligence in Retail Market, By Technology
                                                                                                                                                                                                                                                                                                                                                1. Machine Learning and Deep Learning
                                                                                                                                                                                                                                                                                                                                                  1. Natural Language Processing
                                                                                                                                                                                                                                                                                                                                                    1. Others
                                                                                                                                                                                                                                                                                                                                                    2. UAE Artificial Intelligence in Retail Market, By Solution
                                                                                                                                                                                                                                                                                                                                                      1. Product Recommendation and Planning
                                                                                                                                                                                                                                                                                                                                                        1. Customer Relationship Management
                                                                                                                                                                                                                                                                                                                                                          1. Visual Search
                                                                                                                                                                                                                                                                                                                                                            1. Virtual Assistant
                                                                                                                                                                                                                                                                                                                                                              1. Price Optimization
                                                                                                                                                                                                                                                                                                                                                                1. Payment Services management
                                                                                                                                                                                                                                                                                                                                                                  1. Supply chain management and Demand Planning
                                                                                                                                                                                                                                                                                                                                                                    1. Others
                                                                                                                                                                                                                                                                                                                                                                    2. UAE Artificial Intelligence in Retail Market, By Service
                                                                                                                                                                                                                                                                                                                                                                      1. Professional Services
                                                                                                                                                                                                                                                                                                                                                                        1. Managed Services
                                                                                                                                                                                                                                                                                                                                                                        2. UAE Artificial Intelligence in Retail Market, By Deployment Model
                                                                                                                                                                                                                                                                                                                                                                          1. Cloud
                                                                                                                                                                                                                                                                                                                                                                            1. On-Premises
                                                                                                                                                                                                                                                                                                                                                                            2. UAE Artificial Intelligence in Retail Market, By Application
                                                                                                                                                                                                                                                                                                                                                                              1. Predictive Merchandising
                                                                                                                                                                                                                                                                                                                                                                                1. Programmatic Advertising
                                                                                                                                                                                                                                                                                                                                                                                  1. Market Forecasting
                                                                                                                                                                                                                                                                                                                                                                                    1. In-Store Visual Monitoring and Surveillance
                                                                                                                                                                                                                                                                                                                                                                                      1. Location-Based Marketing
                                                                                                                                                                                                                                                                                                                                                                                        1. Other
                                                                                                                                                                                                                                                                                                                                                                                      2. Turkey
                                                                                                                                                                                                                                                                                                                                                                                      3. Saudi Arabia
                                                                                                                                                                                                                                                                                                                                                                                      4. South Africa
                                                                                                                                                                                                                                                                                                                                                                                      5. Egypt
                                                                                                                                                                                                                                                                                                                                                                                      6. Nigeria
                                                                                                                                                                                                                                                                                                                                                                                      7. Rest of MEA
                                                                                                                                                                                                                                                                                                                                                                                    2. LATAM
                                                                                                                                                                                                                                                                                                                                                                                      1. LATAM Artificial Intelligence in Retail Market, By Type
                                                                                                                                                                                                                                                                                                                                                                                        1. Online
                                                                                                                                                                                                                                                                                                                                                                                          1. Offline
                                                                                                                                                                                                                                                                                                                                                                                          2. LATAM Artificial Intelligence in Retail Market, By Technology
                                                                                                                                                                                                                                                                                                                                                                                            1. Machine Learning and Deep Learning
                                                                                                                                                                                                                                                                                                                                                                                              1. Natural Language Processing
                                                                                                                                                                                                                                                                                                                                                                                                1. Others
                                                                                                                                                                                                                                                                                                                                                                                                2. LATAM Artificial Intelligence in Retail Market, By Solution
                                                                                                                                                                                                                                                                                                                                                                                                  1. Product Recommendation and Planning
                                                                                                                                                                                                                                                                                                                                                                                                    1. Customer Relationship Management
                                                                                                                                                                                                                                                                                                                                                                                                      1. Visual Search
                                                                                                                                                                                                                                                                                                                                                                                                        1. Virtual Assistant
                                                                                                                                                                                                                                                                                                                                                                                                          1. Price Optimization
                                                                                                                                                                                                                                                                                                                                                                                                            1. Payment Services management
                                                                                                                                                                                                                                                                                                                                                                                                              1. Supply chain management and Demand Planning
                                                                                                                                                                                                                                                                                                                                                                                                                1. Others
                                                                                                                                                                                                                                                                                                                                                                                                                2. LATAM Artificial Intelligence in Retail Market, By Service
                                                                                                                                                                                                                                                                                                                                                                                                                  1. Professional Services
                                                                                                                                                                                                                                                                                                                                                                                                                    1. Managed Services
                                                                                                                                                                                                                                                                                                                                                                                                                    2. LATAM Artificial Intelligence in Retail Market, By Deployment Model
                                                                                                                                                                                                                                                                                                                                                                                                                      1. Cloud
                                                                                                                                                                                                                                                                                                                                                                                                                        1. On-Premises
                                                                                                                                                                                                                                                                                                                                                                                                                        2. LATAM Artificial Intelligence in Retail Market, By Application
                                                                                                                                                                                                                                                                                                                                                                                                                          1. Predictive Merchandising
                                                                                                                                                                                                                                                                                                                                                                                                                            1. Programmatic Advertising
                                                                                                                                                                                                                                                                                                                                                                                                                              1. Market Forecasting
                                                                                                                                                                                                                                                                                                                                                                                                                                1. In-Store Visual Monitoring and Surveillance
                                                                                                                                                                                                                                                                                                                                                                                                                                  1. Location-Based Marketing
                                                                                                                                                                                                                                                                                                                                                                                                                                    1. Other
                                                                                                                                                                                                                                                                                                                                                                                                                                    2. Brazil
                                                                                                                                                                                                                                                                                                                                                                                                                                      1. Brazil Artificial Intelligence in Retail Market, By Type
                                                                                                                                                                                                                                                                                                                                                                                                                                        1. Online
                                                                                                                                                                                                                                                                                                                                                                                                                                          1. Offline
                                                                                                                                                                                                                                                                                                                                                                                                                                          2. Brazil Artificial Intelligence in Retail Market, By Technology
                                                                                                                                                                                                                                                                                                                                                                                                                                            1. Machine Learning and Deep Learning
                                                                                                                                                                                                                                                                                                                                                                                                                                              1. Natural Language Processing
                                                                                                                                                                                                                                                                                                                                                                                                                                                1. Others
                                                                                                                                                                                                                                                                                                                                                                                                                                                2. Brazil Artificial Intelligence in Retail Market, By Solution
                                                                                                                                                                                                                                                                                                                                                                                                                                                  1. Product Recommendation and Planning
                                                                                                                                                                                                                                                                                                                                                                                                                                                    1. Customer Relationship Management
                                                                                                                                                                                                                                                                                                                                                                                                                                                      1. Visual Search
                                                                                                                                                                                                                                                                                                                                                                                                                                                        1. Virtual Assistant
                                                                                                                                                                                                                                                                                                                                                                                                                                                          1. Price Optimization
                                                                                                                                                                                                                                                                                                                                                                                                                                                            1. Payment Services management
                                                                                                                                                                                                                                                                                                                                                                                                                                                              1. Supply chain management and Demand Planning
                                                                                                                                                                                                                                                                                                                                                                                                                                                                1. Others
                                                                                                                                                                                                                                                                                                                                                                                                                                                                2. Brazil Artificial Intelligence in Retail Market, By Service
                                                                                                                                                                                                                                                                                                                                                                                                                                                                  1. Professional Services
                                                                                                                                                                                                                                                                                                                                                                                                                                                                    1. Managed Services
                                                                                                                                                                                                                                                                                                                                                                                                                                                                    2. Brazil Artificial Intelligence in Retail Market, By Deployment Model
                                                                                                                                                                                                                                                                                                                                                                                                                                                                      1. Cloud
                                                                                                                                                                                                                                                                                                                                                                                                                                                                        1. On-Premises
                                                                                                                                                                                                                                                                                                                                                                                                                                                                        2. Brazil Artificial Intelligence in Retail Market, By Application
                                                                                                                                                                                                                                                                                                                                                                                                                                                                          1. Predictive Merchandising
                                                                                                                                                                                                                                                                                                                                                                                                                                                                            1. Programmatic Advertising
                                                                                                                                                                                                                                                                                                                                                                                                                                                                              1. Market Forecasting
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                1. In-Store Visual Monitoring and Surveillance
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  1. Location-Based Marketing
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    1. Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  2. Mexico
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  3. Argentina
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  4. Chile
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  5. Colombia
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  6. Rest of LATAM

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