Top Artificial Intelligence (AI) in Retail Companies

Artificial Intelligence (AI) in Retail Market size was valued at USD 7.42 Billion in 2023 and is poised to grow from USD 9.84 Billion in 2024 to USD 94.51 Billion by 2032, growing at a CAGR of 32.68% during the forecast period (2025-2032).

Artificial Intelligence (AI) in Retail Market providers is expected to focus on the development and launch of new solutions and platforms to enhance the shopping experience for retail customers. Purchasing patterns, consumer behavior, and checkout patterns can also be analyzed using AI to gain a better insight into the retail landscape and facilitate informed decision-making. Partnerships and collaborations to create better AI-based solutions will also offer new opportunities for all artificial intelligence (AI) in the retail market players in the long run. 'Amazon Web Services (AWS)   ', 'Google LLC   ', 'Microsoft Corporation   ', 'IBM Corporation   ', 'SAP SE ', 'Oracle Corporation   ', 'Salesforce.com, Inc.   ', 'Infosys Limited   ', 'Capgemini SE ', 'Alibaba Group Holding Limited   ', 'Baidu, Inc.   ', 'HCL Technologies Limited   ', 'Wipro Limited   ', 'Tata Consultancy Services Limited (TCS)   ', 'Accenture plc ', 'Intel Corporation   ', 'NVIDIA Corporation   ', 'Cognizant Technology Solutions   ', 'Fujitsu Limited  ', 'Symphony RetailAI'

Retail organizations around the world are focusing on improving their operational efficiency and boosting productivity to stay competitive. Use of AI tools and solutions brings retail companies closer to their goal by providing meaningful insights in every business aspect and through automation for retail operations.  

Personalization of Retail Experience: consumer experience is everything in this rapidly evolving world of changing consumer preferences.  AI in retail companies should target personalization of shopping experience for retail customers to promote engagement and build brand loyalty. Offering personalized discounts, product recommendations, and other things through AI can help retail organizations take their business to the next level.

Presence of key AI and retail organizations in the North American region allows it to hold a dominant stance in the global AI in retail landscape. Retail companies in this region have been quick to integrate AI in their business to enhance their operations and improve customer experience as well. Rising acceptance of AI technologies in the retail landscape of countries such as the United States and Canada will also contribute to the high market share of this region. High investments in AI research and development in this region will also foster new opportunities for artificial intelligence (AI) in retail companies in the future.