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e-commerce industry

AI Market in E-commerce to Hit $22.60 Billion by 2030

AI in E-commerce market surges: Significant growth expected ahead The Artificial Intelligence (AI) in E-commerce market is experiencing significant growth, driven by technological advancements, and increasing demand for personalized and efficient shopping experiences. According to recent data, the market size was valued at US$ 5.81 Billion in 2023 and is projected to reach US$ 22.60 Billion by 2030, with a compound annual growth rate (CAGR) of 28.3% during the forecast period 2024-2030. AI technologies play a…