Market Forecast By Type (Online, Offline), By Service (Professional, Managed), By Technology (Machine Learning, Deep Learning, NLP) And Competitive Landscape
Product Code: ETC4421524 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Artificial Intelligence in Retail Market |
Forecast period | 2025-2031 |
CAGR | 9.8% |
Growing Sector | Retail and Healthcare |
Mexico Artificial Intelligence in Retail Market report thoroughly covers the market 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.
Mexico Artificial Intelligence in Retail Market is witnessing remarkable growth, driven by advancements in technology and increasing adoption by businesses seeking to enhance customer experiences and optimize operations. AI applications, such as chatbots, personalized recommendations, and predictive analytics, are becoming prevalent among retailers aiming to gain a competitive edge. Investment in AI technologies is helping to streamline supply chains, reduce operational costs, and improve decision-making processes. Furthermore, the integration of AI in e-commerce platforms has revolutionized online shopping in Mexico, providing unparalleled personalization and convenience to consumers.
According to 6Wresearch, Mexico Artificial Intelligence in Retail Market size is expected to grow at a CAGR of 9.8% during the forecast period 2025-2031. One of the primary growth factors is the increasing adoption of AI technologies for inventory management, customer service, and personalized marketing. This trend is particularly prevalent as retailers seek to enhance customer experience and operational efficiency. Another significant trend is the integration of AI with other emerging technologies such as Internet of Things (IoT) and big data analytics, providing retailers with deeper insights into consumer behaviours and preferences. However, challenges such as high implementation costs and concerns over data privacy remain significant barriers for Mexico Artificial Intelligence in Retail Market Growth. Despite these hurdles, emerging opportunities abound, particularly in the development of AI-driven chatbots, recommendation engines, and automated check-out systems. As technological advancements continue to evolve, the potential for AI to revolutionise the retail landscape in Mexico continues to expand.
The artificial intelligence (AI) landscape in Mexico's retail sector is rapidly evolving, with several leading players driving innovation and growth. Companies such as Walmex (Walmart de México y Centroamérica) are at the forefront, utilizing AI to optimize supply chain operations, enhance customer experiences, and improve inventory management. Another significant player is Soriana, which leverages AI-driven analytics to better understand consumer behavior and predict trends. Additionally, Chedraui employs AI technologies to streamline logistics and personalize marketing efforts.
The government has been proactive in creating a regulatory framework that supports the adoption of artificial intelligence (AI) in various sectors, including retail. Recognizing the transformative potential of AI, the government has introduced policies aimed at fostering innovation while ensuring ethical standards and consumer protection. The National AI Strategy outlines key objectives that include promoting research, facilitating public-private partnerships, and developing a skilled workforce capable of leveraging AI technologies. Additionally, regulations are being formulated to address data privacy concerns, ensuring that the deployment of AI in retail respects consumers' personal data and complies with international standards. These efforts are designed to create a balanced environment where technological advancement does not compromise ethical considerations or consumer rights.
The future of the Mexico Artificial Intelligence in Retail Industry looks promising with significant growth anticipated over the next decade. As retailers increasingly adopt AI technologies to enhance customer experiences, streamline operations, and optimize supply chains, the demand for AI-driven solutions is expected to surge. Innovations such as personalized shopping experiences, predictive analytics, and automated customer service are set to revolutionize how retailers interact with consumers. Additionally, advancements in machine learning and data processing capabilities will enable more accurate demand forecasting and inventory management, reducing waste and improving efficiency.
According to Shubham, Senior Research Analyst, 6Wresearch, online sector is expected to lead the market in terms of revenue due to the convenience, personalization, and breadth of choices available online, aspects that AI enhances exponentially.
Managed services model is expected to dominate the Mexico Artificial Intelligence in Retail Market Share in the future years due to the increasing complexity of AI technologies and the specialized knowledge required to implement and manage these systems make Managed services an attractive option for many retailers.
Deep Learning is expected to gain traction over the forecast period due to its ability to process and analyse vast amounts of unstructured data rapidly, making it increasingly vital for innovative retail applications like image and speech recognition, customer behaviour analysis, and real-time personalization of the customer experience.
The report offers a comprehensive study of the subsequent market segments:
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 Mexico Artificial Intelligence in Retail Market Overview |
3.1 Mexico Country Macro Economic Indicators |
3.2 Mexico Artificial Intelligence in Retail Market Revenues & Volume, 2021 & 2031F |
3.3 Mexico Artificial Intelligence in Retail Market - Industry Life Cycle |
3.4 Mexico Artificial Intelligence in Retail Market - Porter's Five Forces |
3.5 Mexico Artificial Intelligence in Retail Market Revenues & Volume Share, By Type , 2021 & 2031F |
3.6 Mexico Artificial Intelligence in Retail Market Revenues & Volume Share, By Service , 2021 & 2031F |
3.7 Mexico Artificial Intelligence in Retail Market Revenues & Volume Share, By Technology , 2021 & 2031F |
4 Mexico Artificial Intelligence in Retail Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of AI technologies in the retail sector to enhance customer experience and operational efficiency |
4.2.2 Growing demand for personalized shopping experiences and targeted marketing strategies |
4.2.3 Rising investments in AI technology by retailers to gain a competitive edge in the market |
4.3 Market Restraints |
4.3.1 High initial implementation costs and ongoing maintenance expenses |
4.3.2 Data privacy and security concerns related to the use of AI in retail operations |
4.3.3 Resistance to change and lack of skilled workforce to effectively utilize AI technology in the retail sector |
5 Mexico Artificial Intelligence in Retail Market Trends |
6 Mexico Artificial Intelligence in Retail Market, By Types |
6.1 Mexico Artificial Intelligence in Retail Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Mexico Artificial Intelligence in Retail Market Revenues & Volume, By Type , 2021 - 2031F |
6.1.3 Mexico Artificial Intelligence in Retail Market Revenues & Volume, By Online, 2021 - 2031F |
6.1.4 Mexico Artificial Intelligence in Retail Market Revenues & Volume, By Offline, 2021 - 2031F |
6.2 Mexico Artificial Intelligence in Retail Market, By Service |
6.2.1 Overview and Analysis |
6.2.2 Mexico Artificial Intelligence in Retail Market Revenues & Volume, By Professional, 2021 - 2031F |
6.2.3 Mexico Artificial Intelligence in Retail Market Revenues & Volume, By Managed, 2021 - 2031F |
6.3 Mexico Artificial Intelligence in Retail Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 Mexico Artificial Intelligence in Retail Market Revenues & Volume, By Machine Learning, 2021 - 2031F |
6.3.3 Mexico Artificial Intelligence in Retail Market Revenues & Volume, By Deep Learning, 2021 - 2031F |
6.3.4 Mexico Artificial Intelligence in Retail Market Revenues & Volume, By NLP, 2021 - 2031F |
7 Mexico Artificial Intelligence in Retail Market Import-Export Trade Statistics |
7.1 Mexico Artificial Intelligence in Retail Market Export to Major Countries |
7.2 Mexico Artificial Intelligence in Retail Market Imports from Major Countries |
8 Mexico Artificial Intelligence in Retail Market Key Performance Indicators |
8.1 Customer engagement metrics, such as click-through rates and conversion rates, to measure the impact of AI-powered personalized shopping experiences |
8.2 Operational efficiency indicators, such as inventory turnover and order fulfillment speed, to assess the effectiveness of AI technologies in streamlining retail operations |
8.3 Customer satisfaction scores and Net Promoter Score (NPS) to gauge the success of AI-driven customer service and support initiatives |
9 Mexico Artificial Intelligence in Retail Market - Opportunity Assessment |
9.1 Mexico Artificial Intelligence in Retail Market Opportunity Assessment, By Type , 2021 & 2031F |
9.2 Mexico Artificial Intelligence in Retail Market Opportunity Assessment, By Service , 2021 & 2031F |
9.3 Mexico Artificial Intelligence in Retail Market Opportunity Assessment, By Technology , 2021 & 2031F |
10 Mexico Artificial Intelligence in Retail Market - Competitive Landscape |
10.1 Mexico Artificial Intelligence in Retail Market Revenue Share, By Companies, 2024 |
10.2 Mexico Artificial Intelligence in Retail Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |