The artificial intelligence in retail market was estimated at USD 5.79 billion in 2022 and is likely to grow at a CAGR of 23.20% during 2023-2028 to reach USD 20.26 billion in 2028.
The implementation of artificial intelligence in retail is revolutionizing the industry in a new era of how organizations and companies track their operations to boost business developments, offer better outcomes, and involve customers in the digital world. The companies involved in the retail sector are using artificial intelligence to provide the best customer experience.