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Retail’s AI Revolution Forecast Model

  • Report

  • May 2023
  • Region: Global
  • IHL Consulting Group
  • ID: 5798027

The Retail AI Forecast Model is a forecast model for the impact of Traditional AI/ML, Generative AI, and Artificial General Intelligence for the Retail and Hospitality markets from 2022 - 2029. We forecast the economic impact in great detail, including the following breakouts:

Model for Pivot Tables

AI Type by Segment - looks at the forecast by segment by region for Traditional AI/ML, Generative AI, and Artificial General Intelligence from 2022-2029 via the Income Statement Categories of Sales Impact, Gross Margin Impact, and Sales & General Administrative Impact.

  • Tiers - Forecast by region by segment by level of annual retail sales from 2022-2029 (Includes Tier 1 (over $1b in sales), Tier 2 ($250m-$1b), and Tier 3 (under $250m)
  • Line of Business Categories - Forecast impact by region, by line of business category (ecommerce, stores, distribution and supply chain, marketing, BI, etc.) from 2022-2029
  • By Technology Type - Forecast impact by over 120 technology types, showing the projected improvement by each area from 2022-2029 for each region.

Segments included are the following:

  • Grocery
  • Drug Stores/Beauty
  • Department Stores
  • Specialty Hard Goods
  • Specialty Soft Goods
  • Mass Merchants
  • Super Stores/WH Clubs
  • Conv./Gas
  • Non-Store Retailers/Ecommerce
  • Restaurants (Bar/Rest./Fast Food)
  • Entertainment Other

Charts by AI Type

Along with the data, there are many charts that look at the economic benefits/impact by year for each of the following:

  • Impact to Sales by AI Type (Traditional AI/ML, Generative AI, Artificial General Intelligence) from 2022-2029
  • Impact to Gross Margins by AI Type (Traditional AI/ML, Generative AI, Artificial General Intelligence) from 2022-2029
  • Impact to SG&A by AI Type (Traditional AI/ML, Generative AI, Artificial General Intelligence) from 2022-2029
  • Total AI Impact by Year by AI Type (Traditional AI/ML, Generative AI, Artificial General Intelligence) from 2022-2029

Region charts

  • Asia/Pacific by AI Type (Traditional AI/ML, Generative AI, Artificial General Intelligence) from 2022-2029
  • Europe/Middle East/Africa (Traditional AI/ML, Generative AI, Artificial General Intelligence) from 2022-2029
  • Latin/South America (Traditional AI/ML, Generative AI, Artificial General Intelligence) from 2022-2029
  • North America (Traditional AI/ML, Generative AI, Artificial General Intelligence) from 2022-2029
  • WW by Region (Total AI Impact by region) from 2022-2029

Tiers

  • Tier 1 Impact - Includes Tier 1 (over $1b in sales) AI impact by with annual improvement and cumulative improvement from 2022-2029 of all types of AI
  • Tier 2 Impact - Includes Tier 2 ($250m-$1b) AI impact by with annual improvement and cumulative improvement from 2022-2029 of all types of AI
  • Tier 3 Impact - Includes Tier 2 (Under $250m) AI impact by with annual improvement and cumulative improvement from 2022-2029 of all types of AI
  • All Tiers - AI impact by with annual improvement and cumulative improvement from 2022-2029 of all types of AI by tier