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Artificial Intelligence in Retail Market to Hit $85 Billion by 2033

AI in retail is ushering in a new era of how businesses track their operations to improve business strategies and more.

The global artificial intelligence (AI) in retail market is set to achieve a valuation of $85 billion by 2033, expanding at a remarkable CAGR rate of 30.3% in the next 10 years, Fact MR predicts. The global artificial intelligence in retail market currently stands at $6 billion.    North America captured 38.5% share of the global market in 2022, and machine learning accounted for 30% of the global market share in 2022. Artificial intelligence in retail is ushering in a new era of how bus...

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