The global artificial intelligence in retail market size is forecasted to reach $55.53 billion by 2030. But what does this advancement mean for retail in 2024? Will your industry be impacted by AI and autonomous retail solutions? If so, how?
Retail in 2024 and beyond is on an exciting trajectory. With AI technology at its core, autonomous retail is promising a future of more convenient, efficient, and profitable shopping experiences for consumers across a multitude of industries.
According to Statista, “As of 2018, there were an estimated 350 stores in the world that offered a fully autonomous checkout process. The number of stores offering autonomous checkouts was forecast to grow substantially over the coming years, with 10,000 stores with autonomous checkouts anticipated by 2024.”
This makes it hardly surprising that the global artificial intelligence in retail market size is forecasted to reach $55.53 billion by 2030.
But what does this advancement mean for retail in 2024? Will your industry be impacted by AI and autonomous retail solutions? If so, how?
Dive into the Future of AI in Retail & its Role in Autonomous Stores
AI, while still in its infancy, is no longer a novelty. And the retail sector is well on its way to incorporating AI into various aspects of its operations, forever altering the way customers shop, and businesses optimize labor and enhance overall store efficiency.
New AI-powered technologies, including computer vision, cashierless checkout, and seamless automation, are driving change from planogram planning to labor allocation and shopper experiences.
In our guide, Retail in 2024: How Autonomous Store Solutions are Transforming Industries for the Better, we’re answering all the above and more. Get your copy to learn:
- About the evolution of the autonomous store and AI’s role in its expansion
- 7 industries that will benefit from autonomous retail solutions in 2024
- Key AI and autonomous store trends for 2024 and beyond
- Real-life case studies of successful autonomous stores
AiFi is the leading AI provider, empowering retailers worldwide to scale autonomous shopping solutions with camera-first technology and over 115 active autonomous stores worldwide. If you’d like to learn more about how we can work together to increase your business’ revenue, reduce labor costs, and drive increased throughput, let’s chat! We’d be happy to discuss the growth possibilities with you.
Get in touch with us to get started.