Artificial Intelligence In Retail Market 2030: Driving Innovation and Efficiency
Artificial Intelligence In Retail Market Growth & Trends The global artificial intelligence in retail market size is expected to reach USD 40.74 billion by 2030, registering a CAGR of 23.0% from 2025 to 2030, according to a new report by Grand View Research, Inc. The rising prominence of advanced technologies, such as chatbots and voice recognition programs, has furthered the growth potential. Moreover, the emerging online retail sales, increasing focus of retailers on improving customers’ shopping experience, rising reliance on digital marketing, and growing investments in AI, accompanied by supportive government regulations, are the crucial factors contributing to the progress of the industry worldwide. AI algorithms play a pivotal role in assessing a considerable amount of data collated from consumers’ online behavior. Moreover, AI-driven image and video analytics have become trendier to help filter out and classify images and less...