Insight ReportPredictive Analytics in Retail: Enabling the Next Generation of Retail Management Vijay Doijad, Analyst Sector Lead: John Harmon, CFA, Associate Director of Technology Research July 7, 2023 Reasons to ReadWe assess the transformative impacts of artificial intelligence (AI)-powered predictive analytics in the retail industry, exploring how advancing technologies and changing consumer expectations are transforming retailers’ decision-making, personalization efforts and supply chain management. Discover key opportunities in the fast-changing data forecasting and predictive analytics sector, which will total $49.5 billion in 2027, Coresight Research estimates. Data in this research report include: US predictive analytics solution providers’ revenues—total and year-over-year changes, 2018–2027E The functions of demand forecasting and predictive analytics Key examples of companies deploying predictive and prescriptive analytics Companies mentioned in this research report include: Amazon, Walmart Other relevant research: Key Retail-Tech Themes at NRF 2023: Retail’s Big Show—Loss Prevention, Forecasting, Personalization and Associate Enablement Intelligent Demand Forecasting and On-Demand Manufacturing: Using AI Technology To Meet Consumer Expectations Winning the Retail Trifecta: Demand Forecasting, Allocation and Replenishment Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Analyst Corner: What’s Happening in China’s Economy? Analyzing Retail and Consumer Metrics with Madhav PitaliyaWhat You Need to Know About US Tariffs and Consumers’ and Retailers’ Reactions—April 2025 UpdateWeekly UK Store Openings and Closures Tracker 2025, Week 13: Kingfisher Announces Store Expansion Plans; Whole Foods Opens New London StoreNRF 2025: Retail’s Big Show: Day Two—Diving into Loyalty and Sustainability with Sephora, Target, Walmart and Others
