Market Forecast by Countries (Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain and Turkey), By Type (Online, Offline), By Service (Professional, Managed), By Technology (Machine Learning, Deep Learning, NLP) And Competitive Landscape
Product Code: ETC4617531 | Publication Date: Jul 2023 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 300 | |
Report Name | Middle East Artificial Intelligence in Retail Market |
Forecast Period | 2025-2031 |
Forecast Size | USD 9.1 billion by 2031 |
CAGR | 14.90% |
Growing Sector | Retail |
Middle East Artificial Intelligence in Retail Market report thoroughly covers the market by Countries, by type, by service and by technology. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Middle East Artificial Intelligence in Retail Market was valued at USD 4.2 billion and is expected to reach USD 9.1 billion, growing at a CAGR of around 14.9% from 2025 to 2031. The competitive landscape continues to evolve with the entry of new startups and partnerships aimed at enhancing AI-driven retail experiences.
Middle East Artificial Intelligence in Retail Market is expected to witness significant growth in the coming years, due to implementation of AI technologies is transforming the way retailers operate, enhancing customer experiences, optimizing operations, and driving business growth. The Middle East AI in Retail market is expected to witness substantial growth in the coming years, driven by factors such as the increasing demand for personalized shopping experiences, rising e-commerce penetration, and the need for efficient inventory management and supply chain optimization.
According to 6Wresearch, the Middle East Artificial Intelligence in Retail Market size is expected to grow at a CAGR of 14.9% during 2025-2031. Several factors are driving the growth of Middle East Artificial Intelligence in Retail Market such as increasingly recognizing the importance of delivering personalized experiences to their customers. AI-powered solutions enable retailers to analyse vast amounts of customer data, identify patterns and preferences, and deliver tailored recommendations and offers. Apart from this, surge in e-commerce and online retailing activities in the Middle East is driving the need for advanced technologies to optimize operations and improve the customer experience. Additionally, continuous advancements in AI technologies, such as machine learning, natural language processing, and computer vision, are fuelling the growth of AI adoption in the retail sector.
However, Middle East Artificial Intelligence in Retail Market faces few restraints such as data privacy and security being key concerns globally, it is essential for retailers in the Middle East to ensure compliance with relevant regulations and strengthen their data protection measures to instil confidence in customers and protect sensitive information. Apart from this, successful implementation of AI in retail requires a robust technological infrastructure, including high-speed internet connectivity, cloud computing capabilities, and advanced hardware. While the Middle East has made significant progress in developing its digital infrastructure, further investments and improvements are necessary to fully support the widespread adoption of AI technologies.
The Middle East retail sector is witnessing a notable shift towards the adoption of artificial intelligence (AI) technologies, as retailers recognize the immense potential of AI in revolutionizing various aspects of their operations. Apart from this, leveraging AI to deliver personalized experiences to their customers. By analysing vast amounts of customer data, AI-powered systems can provide tailored product recommendations, personalized offers, and targeted marketing campaigns, enhancing customer satisfaction and loyalty. Additionally, AI technologies such as robotic process automation (RPA) and intelligent automation are being employed to streamline and automate routine tasks in retail operations.
Middle East Artificial Intelligence in Retail Market Industry presents a promising investment opportunity for businesses looking to expand their operations globally. AI-powered recommendation systems and chatbots are reshaping customer interactions, offering personalized product suggestions and seamless assistance. Investing in AI solutions that enhance customer experience can drive customer loyalty and increase sales. Apart from this, AI-driven analytics and demand forecasting can optimize inventory management, supply chain logistics, and reduce operational costs. Investing in AI-powered supply chain solutions can lead to improved operational efficiency and cost savings.
Leading players in the Middle East Artificial Intelligence (AI) in the retail market include both global tech giants and regional innovators that are significantly investing in AI technologies to revolutionize retail operations and customer experiences. These companies are driving innovation in areas such as personalized recommendations, real-time analytics, fraud detection, and supply chain efficiency, addressing the specific needs of the Middle Eastern retail sector. Key players are Amazon Web Services (AWS), IBM Corporation, Microsoft, Google Cloud, SAP SE, Oracle.
Middle East Artificial Intelligence in Retail Market is growing and government’s regulation and policies are helping in extension of the market. Governments are enacting data protection laws to safeguard the privacy and security of consumer information. Retailers must comply with these regulations by implementing robust data protection measures and obtaining proper consent for data collection, storage, and usage. Apart from this, emphasizing the importance of consumer rights and protection in the AI-driven retail landscape. Retailers must ensure transparency in pricing, accurate product information, fair advertising practices, and ethical decision-making algorithms to protect consumer interests.
The future of Africa West Indies Water Operations Cloud Computing Market looks promising due to adoption of virtual assistants and chatbots will further streamline customer interactions and improve efficiency. AI-powered chatbots will provide instant and accurate responses to customer inquiries, offer product recommendations, and assist with purchase decisions. Apart from this, AI will revolutionize inventory management by enabling predictive analytics and demand forecasting. Retailers will leverage AI algorithms to analyse historical sales data, market trends, and external factors to accurately predict demand and optimize inventory levels. This will lead to improved supply chain efficiency, reduced inventory costs, and minimized stockouts.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Ravi Bhandari, Research Head, 6Wresearch, UAE is poised to make significant strides in AI adoption in the coming years due to initiatives like the UAE Artificial Intelligence Strategy and Dubai's AI-focused projects, the country is committed to leveraging AI across various sectors, including retail.
Online service sector will experience higher growth in the future attributed to surge in e-commerce activities, driven by factors such as increasing internet penetration, smartphone adoption, and changing consumer preferences.
Professional services are projected to experience particularly robust growth in the future due to the convenience, accessibility, and cost-effectiveness of online professional services are attracting a wide range of clients, from individuals to small businesses and large corporations.
NLP are positioned to experience significant growth in the future attributed to businesses increasingly rely on textual data for customer support, sentiment analysis, and content generation, NLP technologies will play a pivotal role.
The market report has been segmented and sub-segmented into the following categories:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Middle East Artificial Intelligence in Retail Market Overview |
3.1 Middle East Regional Macro Economic Indicators |
3.2 Middle East Artificial Intelligence in Retail Market Revenues & Volume, 2021 & 2031F |
3.3 Middle East Artificial Intelligence in Retail Market - Industry Life Cycle |
3.4 Middle East Artificial Intelligence in Retail Market - Porter's Five Forces |
3.5 Middle East Artificial Intelligence in Retail Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 Middle East Artificial Intelligence in Retail Market Revenues & Volume Share, By Type , 2021 & 2031F |
3.7 Middle East Artificial Intelligence in Retail Market Revenues & Volume Share, By Service , 2021 & 2031F |
3.8 Middle East Artificial Intelligence in Retail Market Revenues & Volume Share, By Technology , 2021 & 2031F |
4 Middle East Artificial Intelligence in Retail Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Middle East Artificial Intelligence in Retail Market Trends |
6 Saudi Arabia Artificial Intelligence in Retail Market, 2021 - 2031 |
6.1.1 Saudi Arabia Artificial Intelligence in Retail Market, Revenues & Volume, By Type , 2021 - 2031 |
6.1.2 Saudi Arabia Artificial Intelligence in Retail Market, Revenues & Volume, By Service , 2021 - 2031 |
6.1.3 Saudi Arabia Artificial Intelligence in Retail Market, Revenues & Volume, By Technology , 2021 - 2031 |
7 UAE Artificial Intelligence in Retail Market, 2021 - 2031 |
7.1 UAE Artificial Intelligence in Retail Market, Revenues & Volume, By Type , 2021 - 2031 |
7.2 UAE Artificial Intelligence in Retail Market, Revenues & Volume, By Service , 2021 - 2031 |
7.3 UAE Artificial Intelligence in Retail Market, Revenues & Volume, By Technology , 2021 - 2031 |
8 Qatar Artificial Intelligence in Retail Market, 2021 - 2031 |
8.1 Qatar Artificial Intelligence in Retail Market, Revenues & Volume, By Type , 2021 - 2031 |
8.2 Qatar Artificial Intelligence in Retail Market, Revenues & Volume, By Service , 2021 - 2031 |
8.3 Qatar Artificial Intelligence in Retail Market, Revenues & Volume, By Technology , 2021 - 2031 |
9 Kuwait Artificial Intelligence in Retail Market, 2021 - 2031 |
9.1 Kuwait Artificial Intelligence in Retail Market, Revenues & Volume, By Type , 2021 - 2031 |
9.2 Kuwait Artificial Intelligence in Retail Market, Revenues & Volume, By Service , 2021 - 2031 |
9.3 Kuwait Artificial Intelligence in Retail Market, Revenues & Volume, By Technology , 2021 - 2031 |
10 Oman Artificial Intelligence in Retail Market, 2021 - 2031 |
10.1 Oman Artificial Intelligence in Retail Market, Revenues & Volume, By Type , 2021 - 2031 |
10.2 Oman Artificial Intelligence in Retail Market, Revenues & Volume, By Service , 2021 - 2031 |
10.3 Oman Artificial Intelligence in Retail Market, Revenues & Volume, By Technology , 2021 - 2031 |
11 Bahrain Artificial Intelligence in Retail Market, 2021 - 2031 |
11.1 Bahrain Artificial Intelligence in Retail Market, Revenues & Volume, By Type , 2021 - 2031 |
11.2 Bahrain Artificial Intelligence in Retail Market, Revenues & Volume, By Service , 2021 - 2031 |
11.3 Bahrain Artificial Intelligence in Retail Market, Revenues & Volume, By Technology , 2021 - 2031 |
12 Turkey Artificial Intelligence in Retail Market, 2021 - 2031 |
12.1 Turkey Artificial Intelligence in Retail Market, Revenues & Volume, By Type , 2021 - 2031 |
12.2 Turkey Artificial Intelligence in Retail Market, Revenues & Volume, By Service , 2021 - 2031 |
12.3 Turkey Artificial Intelligence in Retail Market, Revenues & Volume, By Technology , 2021 - 2031 |
13 Rest of Middle East Artificial Intelligence in Retail Market, 2021 - 2031 |
13.1 Rest of Middle East Artificial Intelligence in Retail Market, Revenues & Volume, By Type , 2021 - 2031 |
13.2 Rest of Middle East Artificial Intelligence in Retail Market, Revenues & Volume, By Service , 2021 - 2031 |
13.3 Rest of Middle East Artificial Intelligence in Retail Market, Revenues & Volume, By Technology , 2021 - 2031 |
14 Middle East Artificial Intelligence in Retail Market Key Performance Indicators |
15 Middle East Artificial Intelligence in Retail Market - Opportunity Assessment |
15.1 Middle East Artificial Intelligence in Retail Market Opportunity Assessment, By Countries, 2024 |
15.2 Middle East Artificial Intelligence in Retail Market Opportunity Assessment, By Type , 2021 & 2031F |
15.3 Middle East Artificial Intelligence in Retail Market Opportunity Assessment, By Service , 2021 & 2031F |
15.4 Middle East Artificial Intelligence in Retail Market Opportunity Assessment, By Technology , 2021 & 2031F |
16 Middle East Artificial Intelligence in Retail Market - Competitive Landscape |
16.1 Middle East Artificial Intelligence in Retail Market Revenue Share, By Companies, 2024 |
16.2 Middle East Artificial Intelligence in Retail Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |