Europe AI in E-commerce Market Size, Growth Analysis Report, Forecast to 2027

The European AI in e-commerce market was valued at $280 million in 2018 and is growing at a CAGR of 25.3% during the forecast period. The growing e-commerce industry, increasing cross-border e-commerce sales, and increasing industrial automation are the major factors that are driving the growth of AI in e-commerce market in the region.

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The European AI in e-commerce market is segmented on the basis of application into pricing & promotion, supply chain management, marketing, and others such as demand prediction & optimization. The marketing segment held the highest share in 2018 owing to the growing convergence of analytics in marketing to encourage operational efficiency while improving the customer experience. Based on geography, the North American AI in e-commerce market is further segregated into the UK, Germany, Italy, Spain, France, and the Rest of Europe. Among geography, the US is projected to have a considerable share in the North American AI in e-commerce market.  The UK is expected to be the largest market in Europe.

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The companies which are contributing to the growth of European AI in e-commerce market include Amazon.com Inc., IBM Corp., Crobox B.V., Deepomatic SAS, and others. In addition, the region has a huge number of start-ups working in the field of AI in e-commerce and securing significant funding. Product launch, merger, and acquisition, collaborations with government, and technological advancements through which market players are considerably contributing to the market growth to stay competitive in the market. 

Europe AI in E-commerce Market Segmentation

Europe AI in E-commerce Market by Application

• Pricing & Promotion
• Supply Chain Management
• Marketing
• Others (Demand Prediction and Optimization)

Europe AI in E-commerce Market  – Segment by Region 

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Company Profiles

• Amazon.com Inc.
• Cortexica
• Crobox BV
• Cybertonica Ltd.
• Deepomatic SAS
• Emarsys Emarketing Systems AG
• Google LLC
• IBM Corp.
• Tinyclues SAS
• Xarevision

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