Retail stocks are poised for transformation as artificial intelligence (AI) redefines shopping. AI is at the forefront of innovation in the retail sphere, elevating the consumer experience by personalizing marketing. For investors, this spells opportunity.
According to a report from MarketDigits, the global AI in retail market will skyrocket from $7.3 billion in 2023 to an expected $51.5 billion by 2030. Hence, this burgeoning field presents a wealth of opportunity, making it a cornerstone for growth-focused portfolios. Here are three companies on the forefront of retail innovation.
This post appeared first on InvestorPlace.