What are the Top Use Cases of AI in Retail?

Artificial intelligence in retail has revolutionized how businesses operate, transforming everything from customer service to inventory management. The global AI in the retail industry is anticipated to hit $15.3 billion by 2025, with a CAGR of 36.6%, demonstrating the massive adoption and impact of AI technologies in retail operations. Understanding the use of AI in retail industry is crucial for businesses seeking competitive advantages and enhanced customer experiences. Current State of Artificial Intelligence in Retail 9 out of 10 retailers are now adopting or piloting AI, according to the latest NVIDIA survey findings. This widespread adoption reflects the tangible benefits retailers experience from implementing AI solutions. 39% of shoppers — and 54% of Gen Z — are using AI for product discovery, indicating that consumer behavior is evolving alongside technological advancement. The artificial intelligence in retail market continues expanding globally, with Asia Pacific a...