Ambient Commerce Market Size, Share & Industry Trends Analysis Report by End-use (Department Stores, Convenience Stores, Supermarkets, Grocery Stores, and Others), Component, Regional Outlook and Forecast, 2022-2028

The Global Ambient Commerce Market size is expected to reach $33.6 billion by 2028, rising at a market growth of 32.4% CAGR during the forecast period.

With ambient commerce, also known as checkout-free retail, customers can leave stores with their desired goods in hand. Without the use of lines or cash registers, a variety of artificial intelligence (AI) technologies monitor their movements and automatically charge their accounts. Retailers are getting more inventive as they work to entice customers back into physical stores after the lockdown restrictions were relaxed. By implementing this method of shopping in a few of their branches, retailers like Amazon, Tesco, and Aldi are influencing the future of grocery shopping.

To give customers a multisensory purchasing experience, ambient commerce blends the internet of things (IoT), artificial intelligence (AI), augmented reality (AR), sensors, actuators, as well as other cutting-edge technology. The ease of purchasing, restocking, and cheaper store operating expenses are a few advantages of ambient commerce that can be used to explain the market's expansion. Additionally, it offers various e-commerce information, including data on financial transactions, consumer preferences, and behavioral trends.

Due to the fact that ambient commerce enables customers to leave businesses with the merchandise they want without waiting for the checkout procedure, it is sometimes referred to as checkout-free retail. There is no need to wait in long lines because a variety of AI technologies and cameras monitor the customer's activities and charge them for the purchased items immediately from their account or digital wallets.

COVID-19 Impact Analysis

The COVID-19 pandemic outbreak is anticipated to further stimulate the ambient commerce business. The pandemic has accelerated the adoption of online and contactless payment methods, leading many merchants to embrace cutting-edge technology like ambient computing. Retailers are implementing long-term strategies that can give their customers a sensory shopping experience while also providing the highest levels of safety and ease. Following the pandemic, consumer awareness of ambient products has increased.

Market Growth Factors

Rising demand for smart gadgets

Smart devices are distinctive electronic devices that can communicate, share, and collaborate with the user as well as other smart devices nearby. World's population growth has increased the use of smart cities and smart spaces for cost- and energy-effectiveness, which has increased the acceptance of smart houses. In smart homes, ambient intelligence can be used for a wide range of purposes, including music playback, voice interaction, podcast streaming, playing audiobooks, giving real-time information, and more. Owing to this, the ambient commerce market would grow over the projection period.

Demand for contactless shopping is rising

Numerous of these key elements of the consumer experience such as the absence of fitting rooms, interactions with retail associates, acceptance of cash payments, and in-store product testing were put to the ultimate test during the Covid-19 pandemic and the resulting social isolation. In-store checkout automation now heavily relies on radio-frequency identification (RFID) tags. As their name implies, RFID tags are very small strips of metal that send information via radio waves about the object to which they are attached. All these factors are supporting the market growth for ambient commerce.

Marketing Restraining Factor:

Inadequate infrastructure

Numerous retailers lack the necessary network and infrastructure components that the vast volumes of IoT data demand. Retailers need a cloud solution, a robust network, and end-user solutions such as tablets, barcode scanners, and mPOS to digitalize their physical stores. The retailers must make a significant investment in these items. Owing to these elements, the ambient commerce market growth may decline over the projection period.

Component Outlook

Based on components, the ambient commerce market is segmented into sensors, actuators, cameras and others. In 2021, the sensors segment dominated the ambient commerce market with the maximum revenue share. Various characteristics, including light, temperature, closeness, pressure, and movement, are detected by ambient sensors. These criteria enable ambient commerce to design a setting that can provide its clients with sensory purchasing experiences.

End-use Outlook

On the basis of end-use, the ambient commerce market is divided into grocery stores, convenience stores, supermarkets, department stores and others. In 2021, the convenience stores covered a substantial revenue share in the ambient commerce market. Despite the fact that in the preceding part the idea of ambient intelligence was still developed as a vision, some of the fundamental ideas have already been incorporated into business procedures. Simple AmI technologies are already utilized in the supply chain & manufacturing process to identify and track things. Due to this, the market would expand in this segment.

Regional Outlook

Region wise, the ambient commerce market is analyzed across the North America, Europe, Asia Pacific and LAMEA. The North America region led the ambient commerce market with the largest revenue share in 2021. Some significant market participants are present in North America, including Apple Inc. and Amazon.com. Businesses in North American nations are making significant investments in cutting-edge technologies like IoT, AI, and big data. Additionally, customers have shown to be more open to new technologies than in the past, which is encouraging the region's adoption of ambient commerce.

The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Apple, Inc., Amazon.com, Inc., Tesco PLC, Alibaba Group Holding Limited, Trigo Vision Ltd., Adroit Worldwide Media, Inc., Grabango Co., Zippin, Standard Cognition, Corp., and Sensei.

Strategies Deployed in Ambient Commerce Market

Jun-2022: Trigo came into a partnership with REWE Group, German diversified retail, and tourism. This partnership would be a step forward to the previous partnership under which both companies together opened the first hybrid autonomous grocery store in Europe with a checkout-free experience.
May-2022: Amazon introduced Smart Commerce. This launch would enable stores to develop their online storefronts along with in-store shopping experiences for their walk-in consumers. The latest offering includes Smart Stores, another program Apple had further introduced two years ago with an aim to help neighborhood outlets serve their walk-in consumers.
Apr-2022: Amazon launched Amazon View, an augmented virtual room. The Amazon View would enable consumers to easily swipe the items in the virtual room accurately. Further, it would help buyers who require a quick interior design check & review the aesthetics as well as the ambiance of the room.
Feb-2021: Apple entered into a partnership with Target, an American big box department store chain. This partnership focused on offering a new shopping experience both online as well as at select stores. Through this partnership, Apple would expand its footprint in select Target stores. It would bring displays for a broad range of products that include Apple Watch, iPhone, HomePod, iPad, AirPods, Apple TV, and Apple accessories.
Oct-2021: Tesco expanded its geographical footprint in London by opening its first checkout-free store. This expansion would allow consumers to shop & pay with a checkout-free experience. This latest innovation would offer a seamless checkout for consumers on the go which would enable them to save even more time.
Sep-2020: Apple launched an online store in India. By this launch, Apple aimed at offering assistance to consumers in Hindi & English while enabling users to customize a few devices such as iPads, with engravings.
Sep-2018: Alibaba partnered with several Russian firms. This partnership would form a new e-commerce platform and utilize Russia’s payment system. The partnership further focused on integrating Russia’s key customer internet & e-commerce platforms.
Jul-2018: Tesco signed an agreement with Carrefour, a French multinational retail and wholesaling corporation. This agreement would cover the strategic relations with global suppliers in regions like marketing services or data collection and the joint purchasing of own-brand products and goods not for resale.

Scope of the Study

By End-Use

Department Stores
Convenience Stores
Supermarkets
Grocery Stores
Others

By Component

Sensors
Cameras
Actuators
Others

By Geography

North America
- US
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

Apple, Inc.
Amazon.com, Inc.
Tesco PLC
Alibaba Group Holding Limited
Trigo Vision Ltd.
Adroit Worldwide Media, Inc.
Grabango Co.
Zippin
Standard Cognition, Corp.
Sensei

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Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Ambient Commerce Market, by End-Use
1.4.2 Global Ambient Commerce Market, by Component
1.4.3 Global Ambient Commerce Market, by Geography
1.5 Research Methodology

Chapter 2. Market Overview

2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Strategies Deployed in Ambient Commerce Market

Chapter 4. Global Ambient Commerce Market by End-use

4.1 Global Department Stores Market by Region
4.2 Global Convenience Stores Market by Region
4.3 Global Supermarkets Market by Region
4.4 Global Grocery Stores Market by Region
4.5 Global Others Market by Region

Chapter 5. Global Ambient Commerce Market by Component

5.1 Global Sensors Market by Region
5.2 Global Cameras Market by Region
5.3 Global Actuators Market by Region
5.4 Global Others Market by Region

Chapter 6. Global Ambient Commerce Market by Region

6.1 North America Ambient Commerce Market
6.1.1 North America Ambient Commerce Market by End-use
6.1.1.1 North America Department Stores Market by Country
6.1.1.2 North America Convenience Stores Market by Country
6.1.1.3 North America Supermarkets Market by Country
6.1.1.4 North America Grocery Stores Market by Country
6.1.1.5 North America Others Market by Country
6.1.2 North America Ambient Commerce Market by Component
6.1.2.1 North America Sensors Market by Country
6.1.2.2 North America Cameras Market by Country
6.1.2.3 North America Actuators Market by Country
6.1.2.4 North America Others Market by Country
6.1.3 North America Ambient Commerce Market by Country
6.1.3.1 US Ambient Commerce Market
6.1.3.1.1 US Ambient Commerce Market by End-use
6.1.3.1.2 US Ambient Commerce Market by Component
6.1.3.2 Canada Ambient Commerce Market
6.1.3.2.1 Canada Ambient Commerce Market by End-use
6.1.3.2.2 Canada Ambient Commerce Market by Component
6.1.3.3 Mexico Ambient Commerce Market
6.1.3.3.1 Mexico Ambient Commerce Market by End-use
6.1.3.3.2 Mexico Ambient Commerce Market by Component
6.1.3.4 Rest of North America Ambient Commerce Market
6.1.3.4.1 Rest of North America Ambient Commerce Market by End-use
6.1.3.4.2 Rest of North America Ambient Commerce Market by Component
6.2 Europe Ambient Commerce Market
6.2.1 Europe Ambient Commerce Market by End-use
6.2.1.1 Europe Department Stores Market by Country
6.2.1.2 Europe Convenience Stores Market by Country
6.2.1.3 Europe Supermarkets Market by Country
6.2.1.4 Europe Grocery Stores Market by Country
6.2.1.5 Europe Others Market by Country
6.2.2 Europe Ambient Commerce Market by Component
6.2.2.1 Europe Sensors Market by Country
6.2.2.2 Europe Cameras Market by Country
6.2.2.3 Europe Actuators Market by Country
6.2.2.4 Europe Others Market by Country
6.2.3 Europe Ambient Commerce Market by Country
6.2.3.1 Germany Ambient Commerce Market
6.2.3.1.1 Germany Ambient Commerce Market by End-use
6.2.3.1.2 Germany Ambient Commerce Market by Component
6.2.3.2 UK Ambient Commerce Market
6.2.3.2.1 UK Ambient Commerce Market by End-use
6.2.3.2.2 UK Ambient Commerce Market by Component
6.2.3.3 France Ambient Commerce Market
6.2.3.3.1 France Ambient Commerce Market by End-use
6.2.3.3.2 France Ambient Commerce Market by Component
6.2.3.4 Russia Ambient Commerce Market
6.2.3.4.1 Russia Ambient Commerce Market by End-use
6.2.3.4.2 Russia Ambient Commerce Market by Component
6.2.3.5 Spain Ambient Commerce Market
6.2.3.5.1 Spain Ambient Commerce Market by End-use
6.2.3.5.2 Spain Ambient Commerce Market by Component
6.2.3.6 Italy Ambient Commerce Market
6.2.3.6.1 Italy Ambient Commerce Market by End-use
6.2.3.6.2 Italy Ambient Commerce Market by Component
6.2.3.7 Rest of Europe Ambient Commerce Market
6.2.3.7.1 Rest of Europe Ambient Commerce Market by End-use
6.2.3.7.2 Rest of Europe Ambient Commerce Market by Component
6.3 Asia Pacific Ambient Commerce Market
6.3.1 Asia Pacific Ambient Commerce Market by End-use
6.3.1.1 Asia Pacific Department Stores Market by Country
6.3.1.2 Asia Pacific Convenience Stores Market by Country
6.3.1.3 Asia Pacific Supermarkets Market by Country
6.3.1.4 Asia Pacific Grocery Stores Market by Country
6.3.1.5 Asia Pacific Others Market by Country
6.3.2 Asia Pacific Ambient Commerce Market by Component
6.3.2.1 Asia Pacific Sensors Market by Country
6.3.2.2 Asia Pacific Cameras Market by Country
6.3.2.3 Asia Pacific Actuators Market by Country
6.3.2.4 Asia Pacific Others Market by Country
6.3.3 Asia Pacific Ambient Commerce Market by Country
6.3.3.1 China Ambient Commerce Market
6.3.3.1.1 China Ambient Commerce Market by End-use
6.3.3.1.2 China Ambient Commerce Market by Component
6.3.3.2 Japan Ambient Commerce Market
6.3.3.2.1 Japan Ambient Commerce Market by End-use
6.3.3.2.2 Japan Ambient Commerce Market by Component
6.3.3.3 India Ambient Commerce Market
6.3.3.3.1 India Ambient Commerce Market by End-use
6.3.3.3.2 India Ambient Commerce Market by Component
6.3.3.4 South Korea Ambient Commerce Market
6.3.3.4.1 South Korea Ambient Commerce Market by End-use
6.3.3.4.2 South Korea Ambient Commerce Market by Component
6.3.3.5 Singapore Ambient Commerce Market
6.3.3.5.1 Singapore Ambient Commerce Market by End-use
6.3.3.5.2 Singapore Ambient Commerce Market by Component
6.3.3.6 Malaysia Ambient Commerce Market
6.3.3.6.1 Malaysia Ambient Commerce Market by End-use
6.3.3.6.2 Malaysia Ambient Commerce Market by Component
6.3.3.7 Rest of Asia Pacific Ambient Commerce Market
6.3.3.7.1 Rest of Asia Pacific Ambient Commerce Market by End-use
6.3.3.7.2 Rest of Asia Pacific Ambient Commerce Market by Component
6.4 LAMEA Ambient Commerce Market
6.4.1 LAMEA Ambient Commerce Market by End-use
6.4.1.1 LAMEA Department Stores Market by Country
6.4.1.2 LAMEA Convenience Stores Market by Country
6.4.1.3 LAMEA Supermarkets Market by Country
6.4.1.4 LAMEA Grocery Stores Market by Country
6.4.1.5 LAMEA Others Market by Country
6.4.2 LAMEA Ambient Commerce Market by Component
6.4.2.1 LAMEA Sensors Market by Country
6.4.2.2 LAMEA Cameras Market by Country
6.4.2.3 LAMEA Actuators Market by Country
6.4.2.4 LAMEA Others Market by Country
6.4.3 LAMEA Ambient Commerce Market by Country
6.4.3.1 Brazil Ambient Commerce Market
6.4.3.1.1 Brazil Ambient Commerce Market by End-use
6.4.3.1.2 Brazil Ambient Commerce Market by Component
6.4.3.2 Argentina Ambient Commerce Market
6.4.3.2.1 Argentina Ambient Commerce Market by End-use
6.4.3.2.2 Argentina Ambient Commerce Market by Component
6.4.3.3 UAE Ambient Commerce Market
6.4.3.3.1 UAE Ambient Commerce Market by End-use
6.4.3.3.2 UAE Ambient Commerce Market by Component
6.4.3.4 Saudi Arabia Ambient Commerce Market
6.4.3.4.1 Saudi Arabia Ambient Commerce Market by End-use
6.4.3.4.2 Saudi Arabia Ambient Commerce Market by Component
6.4.3.5 South Africa Ambient Commerce Market
6.4.3.5.1 South Africa Ambient Commerce Market by End-use
6.4.3.5.2 South Africa Ambient Commerce Market by Component
6.4.3.6 Nigeria Ambient Commerce Market
6.4.3.6.1 Nigeria Ambient Commerce Market by End-use
6.4.3.6.2 Nigeria Ambient Commerce Market by Component
6.4.3.7 Rest of LAMEA Ambient Commerce Market
6.4.3.7.1 Rest of LAMEA Ambient Commerce Market by End-use
6.4.3.7.2 Rest of LAMEA Ambient Commerce Market by Component

Chapter 7. Company Profiles

7.1 Apple, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent Strategies and Developments
7.1.5.1 Partnerships, Collaborations, and Agreements
7.1.5.2 Product Launches and Product Expansions
7.1.6 SWOT Analysis
7.2 Amazon.com, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental Analysis
7.2.4 Recent Strategies and Developments
7.2.4.1 Product Launches and Product Expansions
7.2.5 SWOT Analysis
7.3 Tesco PLC
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental Analysis
7.3.4 Recent Strategies and Developments
7.3.4.1 Partnerships, Collaborations, and Agreements
7.3.4.2 Geographical Expansions
7.4 Alibaba Group Holding Limited
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental Analysis
7.4.4 Recent Strategies and Developments
7.4.4.1 Partnerships, Collaborations, and Agreements
7.5 Trigo Vision Ltd.
7.5.1 Company Overview
7.5.2 Recent Strategies and Developments
7.5.2.1 Partnerships, Collaborations, and Agreements
7.6 Adroit Worldwide Media, Inc.
7.6.1 Company Overview
7.7 Grabango Co.
7.7.1 Company Overview
7.8 Zippin
7.8.1 Company Overview
7.9 Standard Cognition, Corp.
7.9.1 Company Overview
7.10. Sensei
7.10.1 Company Overview

Companies Mentioned

Apple, Inc.
Amazon.com, Inc.
Tesco PLC
Alibaba Group Holding Limited
Trigo Vision Ltd.
Adroit Worldwide Media, Inc.
Grabango Co.
Zippin
Standard Cognition, Corp.
Sensei

Methodology

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Table Information

Report Attribute	Details
No. of Pages	166
Published	October 2022
Forecast Period	2021 - 2028
Estimated Market Value ( USD ) in 2021	$ 4842.8 Million
Forecasted Market Value ( USD ) by 2028	$ 33634.5 Million
Compound Annual Growth Rate	32.4%
Regions Covered	Global
No. of Companies Mentioned	10

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