The global market for the use of Artificial Intelligence (AI) in retail was valued about at 4.84 billion U.S. dollars in 2021. Over the next eight-year period, the market for AI in retail is estimated grow continually, reaching 31.18 billion U.S. dollars by 2028.
Size of the global Artificial Intelligence (AI) market in the retail industry in 2020, with a forecast from 2021 to 2028
(in billion U.S. dollars)
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Market size in billion U.S. dollars
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For the Statista estimate an exponential development of the values between 2020 and 2028was assumed to estimate the annual values. The values for 2020 and 2028 were provided by the source.
Figures were rounded.
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Statista. (September 1, 2021). Size of the global Artificial Intelligence (AI) market in the retail industry in 2020, with a forecast from 2021 to 2028 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1256646/ai-in-retail-market-size/
Statista. "Size of the global Artificial Intelligence (AI) market in the retail industry in 2020, with a forecast from 2021 to 2028 (in billion U.S. dollars)." Chart. September 1, 2021. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1256646/ai-in-retail-market-size/
Statista. (2021). Size of the global Artificial Intelligence (AI) market in the retail industry in 2020, with a forecast from 2021 to 2028 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1256646/ai-in-retail-market-size/
Statista. "Size of The Global Artificial Intelligence (Ai) Market in The Retail Industry in 2020, with a Forecast from 2021 to 2028 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Sep 2021, https://www.statista.com/statistics/1256646/ai-in-retail-market-size/
Statista, Size of the global Artificial Intelligence (AI) market in the retail industry in 2020, with a forecast from 2021 to 2028 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1256646/ai-in-retail-market-size/ (last visited July 22, 2024)
Size of the global Artificial Intelligence (AI) market in the retail industry in 2020, with a forecast from 2021 to 2028 (in billion U.S. dollars) [Graph], Statista, September 1, 2021. [Online]. Available: https://www.statista.com/statistics/1256646/ai-in-retail-market-size/