Assortment Gap Analysis Artificial Intelligence Research
Assortment Gap Analysis Artificial Intelligence Research
Publish Date: 2026-01-29 07:16:00
Source Domain: www.globenewswire.com
- The global market for assortment gap analysis AI is rapidly expanding, with the market size increasing from $1.82 billion in 2024 to an estimated $2.2 billion in 2025, showcasing a compound annual growth rate (CAGR) of 21.3%.
- The market is projected to grow to $4.72 billion by 2029 with a CAGR of 21%, driven by enhanced AI technologies and increased adoption in retail and e-commerce.
- Leading trends include advancements in predictive analytics, real-time demand forecasting, and AI innovations for inventory management.
- AI is being leveraged by brands to create personalized shopping experiences and recommendations, fostering tailored offerings aligned with individual consumer behaviors.
- Strategic acquisitions and technological innovations are enhancing capabilities in retail optimization and space planning, as seen with Vision Group’s acquisition of Hivery.
- Market leaders include Microsoft Corporation, IBM Corporation, SAP SE, and more, with North America dominating in 2024 and Asia-Pacific expected to see rapid growth.
- External factors such as U.S. tariffs influence the sector, prompting firms to invest in domestic manufacturing and diversify suppliers while enhancing operational efficiency through AI.
