Retail Digital Transformation Market, By Product Type (Healthcare Payer Solutions, Healthcare Provider Solutions, Services), By Delivery Mode (Cloud Based, On-premises), By End-User (Payer, Provider), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Feb 2025

Code : CMI4874

Pages :170

Formats :

Excel and PDF

Industry : Information and Communication Technology

Retail Digital Transformation Market Size and Trends

The Retail Digital Transformation Market is estimated to be valued at US$ 211.97 Bn in 2025 and is expected to reach US$ 659.75 Bn by 2032, growing at a compound annual growth rate (CAGR) of 17.6% from 2025 to 2032. The growing adoption of advanced technologies such as AI, ML, augmented reality, and cloud computing across the retail industry is expected to significantly drive the market during the forecast period.

Retail Digital Transformation Market Key Factors

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The retail digital transformation market is witnessing significant changes in trends. Omnichannel experience is becoming critical for retailers as consumers research online but wish to purchase offline. Personalization is key and retailers are leveraging technologies to gain better customer insights. With rising adoption of mobile wallets and payments, retailers are focusing on enhancing mobile point-of-sale capabilities. Advancements in computer vision and AI are also enabling applications like virtual shopping assistant bots.