PUBLISHER: Grand View Research | PRODUCT CODE: 1814090
PUBLISHER: Grand View Research | PRODUCT CODE: 1814090
The global retail media platform market size was estimated at USD 16.77 billion in 2024 and is projected to reach USD 36.53 billion by 2033, growing at a CAGR of 9.3% from 2025 to 2033. The ongoing digital transformation in retail has led to a surge in e-commerce, creating more digital real estate for advertising opportunities.
The rise of e-commerce and omnichannel retailing is another major driver of the retail media platform market. As consumers blend online and offline shopping journeys, retailers are investing in digital advertising networks that seamlessly integrate across web, app, and in-store digital screens. These platforms enable advertisers to create unified campaigns that engage customers at multiple touchpoints, increasing the likelihood of brand recall and purchase. Moreover, the surge in mobile shopping and the adoption of retail apps are creating more opportunities for embedded advertising, further fueling demand for advanced retail media solutions.
The retail media platform market is also being driven by the rapid digital transformation across the retail sector, where investments in advanced retail technologies are reshaping how brands connect with consumers. Retailers are integrating sophisticated digital signage, interactive displays, and connected in-store experiences that complement online advertising efforts, creating a seamless consumer journey. This convergence of physical and digital retail experiences increases the effectiveness of retail media campaigns, as shoppers are exposed to consistent messaging across multiple channels. The ability to deliver dynamic, context-aware content based on real-time inventory, promotions, and customer behavior further enhances the appeal of these platforms for advertisers seeking higher engagement rates.
The increasing adoption of self-serve advertising models within retail media platforms is fueling the retail media platform market growth. By enabling brands and agencies to create, manage, and optimize their campaigns independently, retailers are opening the door to a wider pool of advertisers, including small and mid-sized businesses. This democratization of access is encouraging more companies to participate in retail media ecosystems, driving up demand for platform capabilities and expanding the range of ad formats offered. Self-serve portals also allow advertisers to test and refine campaigns quickly, making retail media an attractive channel for agile marketing strategies.
Global Retail Media Platform Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the retail media platform market report based on ad format, platform type, deployment, end use, and region: