PUBLISHER: TechNavio | PRODUCT CODE: 1915693
PUBLISHER: TechNavio | PRODUCT CODE: 1915693
The global machine learning in retail market is forecasted to grow by USD 22260.3 mn during 2024-2029, accelerating at a CAGR of 32.7% during the forecast period. The report on the global machine learning in retail market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by proliferation of hyper-personalization and enhanced customer experience, imperative for supply chain and operational efficiency, ascendance of generative AI and conversational commerce.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2029 |
| Series Year | 2025-2029 |
| Growth Momentum | Accelerate |
| YOY 2025 | 30.7% |
| CAGR | 32.7% |
| Incremental Value | $22260.3 mn |
Technavio's global machine learning in retail market is segmented as below:
By Component
By Deployment
By End-User
Geography
This study identifies the hyper-personalization at scale fueled by generative AI as one of the prime reasons driving the global machine learning in retail market growth during the next few years. Also, ai-driven autonomous operations and resilient supply chain management and proliferation of computer vision for in-store analytics and frictionless commerce will lead to sizable demand in the market.
The report on the global machine learning in retail market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global machine learning in retail market vendors that include Adobe Inc., Algolia Inc., Amazon Web Services Inc., BloomReach Inc., Blue Yonder Group Inc., Consultadoria e Inovacao Tecnologica S.A., Databricks Inc., Google Cloud, H2O.ai Inc., Microsoft Corp., Oracle Corp., SAP SE, SAS Institute Inc., Sephora USA Inc., Snowflake Inc., Stylumia Intelligence Technology Pvt Ltd, Teradata Corp., Walmart Inc.. Also, the global machine learning in retail market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.