Artificial intelligence in Retail Market Surges to $164.74 billion by 2030 | CAGR 32.0%

Delray Beach, FL, April 15, 2026 (GLOBE NEWSWIRE) — According to MarketsandMarkets™, the  Artificial intelligence in Retail Market is projected to grow from USD 31.12 billion in 2024 to USD 164.74 billion by 2030 at a CAGR of 32.0% during the forecast period.

Browse 367 market data Tables and 61 Figures spread through 319 Pages and in-depth TOC on “ Artificial intelligence in Retail Market – Global Forecast to 2030″

Artificial intelligence in Retail Market Share & Growth:

• Market Size Available for Years: 2019-2030
• 2024 Market Size: USD 31.12 billion
• 2030 Projected Market Size: USD 164.74 billion
• CAGR (2024–2030): 32.0%. 

Artificial intelligence in Retail Market Analysis & Forecast:

• The cybersecurity segment is expected to witness the fastest growth rate among business functions over the forecast period.
• North America is projected to dominate the market in terms of size throughout the forecast period.
• AI-driven solutions are streamlining inventory and supply chain operations, boosting efficiency and reducing costs.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=36255973

AI-driven solutions are transforming inventory management and supply chain processes, making them more efficient and cost-effective. By utilizing predictive analytics and machine learning models, retailers can forecast demand accurately, reduce stockouts, and optimize stock levels. AI systems help detect inefficiencies in the supply chain, enabling businesses to adjust their operations in real-time, reducing waste, and improving overall efficiency. This optimization is crucial in a competitive retail environment, where customer satisfaction depends heavily on product availability and timely deliveries.

Based on the business functions, the cybersecurity segment is expected to hold the highest CAGR during the forecast period.

With the growing reliance on digital platforms and data, AI is becoming crucial in maintaining cybersecurity in retail. AI algorithms analyze the account activity and flag any suspicious account activity as well as those that it considers fraudulent. By employing machine learning algorithms, these systems can learn from previous incidents and adapt to new, evolving threats. It is also used in vulnerability management, where AI scans networks as well as systems for vulnerabilities that attackers may exploit. Companies such as Target and Walmart leverage AI to watch their networks and counter cyber threats, making sure that individual customer data is not leaked. AI also enhances the authentication system by using biometrics to stop alternative identity crimes as well as payment fraudulence. Some examples of cybersecurity companies using AI techniques to protect the retail sector are Palo Alto Networks, Fortinet, and Darktrace.

Request Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=36255973

Based on region, North America holds the largest market size during the forecast period.

In the Artificial intelligence in retail market, North America dominates due to the high adoption of these platforms in the United States and Canada. The region has large technological companies, research facilities, and start-ups actively developing AI technologies. The AI in retail market in North American enterprises is experiencing high growth due to the rising AI awareness and the need for better customer experiences and operational productivity.

Investments from major tech companies and favorable government policies propel this region to dominate the AI retail landscape. A well-developed AI ecosystem, combined with innovation and venture capital infusion, fosters overall economic expansion. Retailers are forming strategic partnerships to incorporate AI tools, as seen in Macy’s collaboration with Rokt to enhance customer engagement through personalized AI-driven technologies.
Inquire Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=36255973

Companies in IoT Market:

Companies in Artificial intelligence in retail Market include Microsoft (US), IBM (US), Google (US), Amazon (US), Oracle (US), Salesforce (US), NVIDIA (US), SAP (Germany), Servicenow (US), Accenture (Ireland), Infosys (India), Alibaba (China), Intel (US), AMD (US), Fujitsu (Japan), Capgemini (France), TCS (India), Talkdesk (US), Symphony AI (US), Bloomreach (US), C3.AI (US), Visenze (Singapore), Pathr.ai (US), Vue.AI (US), Nextail (Spain), Daisy Intelligence (Canada), Cresta (US), Mason (US), Syte(Israel), Trax(Singapore), Feedzai(US), Shopic(Israel), ITRex (US), H2O.ai (US), and retailMetrix (US).

These players not only have a comprehensive and diverse product portfolio but also have a strong geographic presence. These players can focus on developing innovative artificial intelligence in retail market technologies and offerings owing to the emergence of new application areas for artificial intelligence in retail markets. These companies offer several product offerings and have operations around the globe. These companies focus on product launches, acquisitions, and partnerships to strengthen their footprint through product innovations and extend their business reach.     

CONTACT: About MarketsandMarkets™: MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter , LinkedIn and Facebook . Contact: Mr. Rohan Salgarkar MarketsandMarkets™ INC. 1615 South Congress Ave. Suite 103, Delray Beach, FL 33445 USA: +1-888-600-6441 Email: sales@marketsandmarkets.com Visit Our Website: https://www.marketsandmarkets.com/

Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. SingaporeOutlook.com takes no editorial responsibility for the same.