The Coresight Research Market Sizes Databank offers an overview of key retail market or sector sizes, including our projections for future years. The Databank covers the following sectors:
- Global retail sales: 10 major markets by retail sales
- Total US retail sales and online retail sales
- US apparel, footwear and accessories, including e-commerce data
- US grocery, including e-commerce data
- US department stores, including e-commerce data
- Further US retail sectors: convenience stores, drugstores and pharmacies, home-improvement retailers, mass merchandisers, warehouse clubs and discount stores, and consumer packaged goods
- Personal luxury goods—global and by major region
- Retail media market sizes for the US and the UK
- Technology market sizes—selected retail-tech segments, global and US
Global Retail Markets: Major Countries by Retail Sales
We quantify 10 major national retail markets, as measured by total annual retail sales, and provide our projections for retail sales through 2028. We focus on core retail, which excludes automobiles and gasoline/automotive fuel, wherever possible; however, these exclusions are not available for all countries. Countries are ranked by 2023 sales.
Total Retail Sales (USD Bil. at Constant 2023 Exchange Rates) and YoY % Change
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | 2026E | 2027E | 2028E | Definitions and Notes | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | US | 3,749 | 3,930 | 4,469 | 4,784 | 4,967 | 5,135 | 5,306 | 5,512 | 5,694 | 5,847 | Ex automobiles and ex gasoline/automotive fuel; ex sales tax |
2 | YoY % Change | 6.3% | 4.8% | 13.7% | 7.1% | 3.8% | 3.4% | 3.3% | 3.9% | 3.3% | 2.7% | |
3 | US incl. Autos | 5,397 | 5,572 | 6,523 | 7,095 | 7,241 | 7,589 | 7,960 | 8,326 | 8,693 | 9,041 | Incl. automobiles and incl. gasoline/automotive fuel; ex sales tax. Provided as an alternative measure to aid direct comparison with other major markets such as China, where automobiles are included |
4 | YoY % Change | 2.8% | 3.3% | 17.1% | 8.8% | 2.1% | 4.8% | 4.9% | 4.6% | 4.4% | 4.0% | |
5 | China | 5,158 | 4,982 | 5,583 | 5,594 | 5,917 | 6,195 | 6,467 | 6,725 | 6,988 | 7,253 | Incl. automobiles and incl. gasoline |
6 | YoY % Change | 7.9% | -3.4% | 12.1% | 0.2% | 5.8% | 4.7% | 4.4% | 4.0% | 3.9% | 3.8% | |
7 | Japan | 1,032 | 1,042 | 1,071 | 1,099 | 1,160 | 1,202 | 1,227 | 1,253 | 1,279 | 1,305 | Incl. automobiles and incl. gasoline/automotive fuel |
8 | YoY % Change | 0.1% | 1.0% | 2.7% | 2.6% | 5.6% | 3.6% | 2.1% | 2.1% | 2.1% | 2.0% | |
9 | India | 617 | 637 | 731 | 812 | 867 | 923 | 985 | 1,048 | 1,110 | 1,172 | Consumer spending on retail categories: food, apparel, furniture, household items, and recreation and culture. Data are for fiscal years (ended March 31), matched to closest calendar years. |
10 | YoY % Change | 9.1% | 3.2% | 14.6% | 11.1% | 6.8% | 6.5% | 6.7% | 6.3% | 5.9% | 5.6% | |
11 | Germany | 628 | 671 | 688 | 739 | 758 | 771 | 790 | 810 | 831 | 850 | Ex automobiles and ex gasoline/automotive fuel |
12 | YoY % Change | 2.8% | 6.9% | 2.5% | 7.3% | 2.7% | 1.6% | 2.4% | 2.6% | 2.5% | 2.3% | |
13 | France | 514 | 508 | 560 | 605 | 634 | 649 | 670 | 691 | 712 | 731 | Ex automobiles and ex gasoline/automotive fuel; ex sales tax |
14 | YoY % Change | 3.3% | -1.0% | 10.2% | 8.0% | 4.8% | 2.3% | 3.2% | 3.2% | 3.0% | 2.6% | |
15 | UK | 490 | 493 | 524 | 547 | 574 | 600 | 626 | 651 | 674 | 697 | Ex automobiles and ex gasoline/automotive fuel |
16 | YoY % Change | 3.4% | 0.7% | 6.2% | 4.4% | 5.1% | 4.5% | 4.2% | 4.0% | 3.6% | 3.4% | |
17 | Russia | 398 | 401 | 467 | 504 | 561 | 650 | 692 | 735 | 772 | 812 | Incl. automobiles and incl. gasoline/automotive fuel |
18 | YoY % Change | 6.5% | 0.7% | 16.5% | 7.9% | 11.3% | 16.0% | 6.5% | 6.1% | 5.1% | 5.1% | |
19 | Brazil | 383 | 406 | 463 | 528 | 550 | 577 | 603 | 630 | 658 | 687 | Ex automobiles and incl. gasoline/automotive fuel; ex sales tax |
20 | YoY % Change | 5.0% | 6.0% | 13.9% | 14.1% | 4.1% | 4.9% | 4.5% | 4.4% | 4.5% | 4.4% | |
21 | Canada | 300 | 314 | 338 | 363 | 372 | 380 | 390 | 402 | 414 | 426 | Ex automobiles and ex gasoline/automotive fuel; ex sales tax |
22 | YoY % Change | 2.6% | 4.7% | 7.6% | 7.3% | 2.5% | 2.1% | 2.9% | 2.9% | 2.9% | 3.0% |
All data exclude foodservice businesses. Data include sales taxes unless otherwise stated. Conversions to USD are at fixed (2023 average) exchange rates to remove the impact of FX rates on % changes. Data as of April 19, 2024, except for US retail sales, which are as of November 12, 2024.
Source: National statistics offices/Coresight Research
Total US Retail Sales and Online Retail Sales (USD Bil. and YoY % Change)
Total US retail sales includes all retail trade excluding gasoline and automobiles.
Category | 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | 2026E | 2027E | 2028E | |||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | Total Retail Sales (USD Bil.) | $3,378 | $3,526 | $3,749 | $3,930 | $4,469 | $4,784 | $4,967 | $5,135 | $5,306 | $5,512 | $5,694 | $5,847 |
2 | YoY % Change | 3.6% | 4.4% | 6.3% | 4.8% | 13.7% | 7.1% | 3.8% | 3.4% | 3.3% | 3.9% | 3.3% | 2.7% |
3 | Online Retail Sales (USD Bil.) | $410 | $472 | $532 | $767 | $894 | $952 | $1,046 | $1,134 | $1,228 | $1,328 | $1,434 | $1,546 |
4 | YoY % Change | 16.3% | 14.8% | 12.8% | 44.2% | 16.6% | 6.6% | 9.9% | 8.4% | 8.3% | 8.1% | 8.0% | 7.8% |
5 | E-Commerce Penetration (Online Retail Sales as % of Total Retail Sales) | 12.2% | 13.4% | 14.2% | 19.5% | 20.0% | 19.9% | 21.1% | 22.1% | 23.1% | 24.1% | 25.2% | 26.4% |
Data exclude sales taxes; ex. gasoline and automobiles; data as of November 12, 2024
Source: US Census Bureau/Coresight Research
US Consumer Spending on Apparel, Footwear and Accessories (USD Bil. and YoY % Change)
Category | 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | 2026E | 2027E | 2028E | |||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | Total Apparel, Footwear and Accessories Spending (USD Bil.) | $375.8 | $386.5 | $410.8 | $362.9 | $464.5 | $497.3 | $513.6 | $518.7 | $526.5 | $536.5 | $548.3 | $562.0 |
2 | YoY % Change | 1.2% | 2.8% | 1.2% | -11.7% | 28.0% | 7.0% | 3.3% | 1.0% | 1.5% | 1.9% | 2.2% | 2.5% |
3 | Online Apparel, Footwear and Accessories Spending (USD Bil.) | $70.7 | $83.7 | $95.5 | $119.4 | $143.3 | $156.5 | $154.0 | $162.4 | $170.6 | $178.7 | $187.0 | $195.6 |
4 | YoY % Change | 22.1% | 18.4% | 14.1% | 25.0% | 20.0% | 9.2% | -1.6% | 5.4% | 5.1% | 4.7% | 4.7% | 4.6% |
5 | E-Commerce Penetration (Online Apparel, Footwear and Accessories Spending as % of Total Apparel, Footwear and Accessories Spending) | 18.8% | 21.7% | 23.2% | 32.9% | 30.9% | 31.5% | 30.0% | 31.3% | 32.4% | 33.3% | 34.1% | 34.8% |
Data include sales taxes and are as of May 6, 2024
Source: US Bureau of Economic Analysis/Coresight Research
US Grocery Market Sales (USD Bil. and YoY % Change)
Total grocery market sales include retail sales from stores classified under “Grocery Stores” by the US Census Bureau and grocery sales of select major retailers in the mass merchandiser, warehouse club and discount-store sectors.
Category | 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | 2026E | 2027E | 2028E | |||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | Total Grocery Sales (USD Bil.) | $1,045 | $1,083 | $1,124 | $1,247 | $1,312 | $1,431 | $1,487 | $1,504 | $1,550 | $1,594 | $1,637 | $1,684 |
2 | YoY % Change | 3.3% | 3.6% | 3.7% | 11.0% | 5.2% | 9.1% | 3.9% | 1.1% | 3.1% | 2.8% | 2.7% | 2.9% |
3 | Online Food & Beverage Sales (USD Bil.) | $14.7 | $20.9 | $23.0 | $45.2 | $50.2 | $64.0 | $73.4 | $80.9 | $88.7 | $98.1 | $106.5 | $114.8 |
4 | YoY % Change | 11.7% | 42.2% | 40.2% | 96.5% | 11.1% | 27.5% | 14.7% | 10.2% | 9.6% | 10.6% | 8.6% | 7.8% |
5 | Food & Beverage Retail Spending (USD Bil .)* | $722 | $743 | $1,082 | $1,197 | $1,288 | $1,394 | $1,442 | $1,490 | $1,533 | $1,576 | $1,625 | $1,672 |
6 | E-Commerce Penetration (Online Food & Beverage Sales as % of Total Food & Beverage Retail Spending) | 1.5% | 2.1% | 2.1% | 3.8% | 3.9% | 4.6% | 5.1% | 5.4% | 5.9% | 6.2% | 6.6% | 6.9% |
*Consumer spending on food and beverages through all retail channels
Data exclude sales taxes and are as of September 30, 2024
Source: Circana/US Census Bureau/US Bureau of Economic Analysis/Coresight Research
US Department Store Sales (USD Bil. and YoY % Change)
Sector size represents traditional, full-range department stores, excluding off-price retailers but including off-price segment sales of department store retailers (e.g., Nordstrom Rack, Macy’s Backstage).
Category | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023E | 2024E | 2025E | 2026E | 2027E | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | Department Store Sales (USD Bil.) | $108.3 | $103.1 | $96.1 | $63.9 | $85.7 | $87.0 | $81.7 | $81.5 | $80.9 | $80.5 | $81.3 |
2 | YoY % Growth | -2.3% | -4.8% | -6.8% | -33.5% | 34.1% | 1.5% | -6.1% | -0.2% | -0.7% | -0.5% | 1.0% |
3 | Online Department Store Sales (USD Bil.) | $22.6 | $24.1 | $25.0 | $28.1 | $28.7 | $27.9 | $26.0 | $25.2 | $26.0 | $26.9 | $28.0 |
4 | YoY % Growth | 14.6% | 6.6% | 3.5% | 12.5% | 2.1% | -2.7% | -0.4% | -3.1% | 3.2% | 3.5% | 4.3% |
5 | E-Commerce Penetration (Online Department Store Sales as % of Total Department Store Sales) | 20.9% | 23.4% | 26.0% | 44.0% | 33.5% | 32.1% | 31.8% | 30.9% | 32.1% | 33.4% | 34.5% |
Data exclude sales taxes; data as of October 18, 2023
Source: Company reports/Coresight Research
Further US Retail Sector Sales
Category | 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | 2026E | 2027E | 2028E | Sector Report Links | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | US Convenience Stores (USD Bil.)* | $160.1 | $167.0 | $176.3 | $182.1 | $191.2 | $200.6 | $208.3 | $216.8 | $225.4 | $235.6 | Report |
2 | YoY % Change | 4.4% | 4.3% | 5.6% | 3.3% | 5.0% | 4.9% | 3.8% | 4.1% | 3.9% | 4.5% | |
3 | US Drugstores and Pharmacies (USD Bil.)** | $284.7 | $304.7 | $324.6 | $332.6 | $357.0 | $373.8 | $390.6 | $405.4 | $422.1 | $439.8 | Report |
4 | YoY % Change | 1.7% | 7.0% | 6.6% | 2.5% | 7.3% | 4.7% | 4.5% | 3.8% | 4.1% | 4.2% | |
5 | US Home-Improvement Retailers (USD Bil.) | $372.4 | $421.0 | $480.9 | $514.5 | $500.1 | $506.6 | $533.7 | $560.9 | $588.0 | $615.2 | Report |
6 | YoY % Change | 1.5% | 13.1% | 14.2% | 7.0% | -2.8% | 1.3% | 5.4% | 5.1% | 4.8% | 4.6% | |
7 | US Mass Merchandisers, Warehouse Clubs and Discount Stores Sector Size (USD Bil.)*** | $661.8 | $729.1 | $792.5 | $864.4 | $887.9 | $904.6 | $942.9 | $984.0 | $1,026.7 | $1,067.8 | Report |
8 | YoY % Change | 3.7% | 10.2% | 8.7% | 9.1% | 2.7% | 1.9% | 4.2% | 4.4% | 4.3% | 4.0% | |
9 | US Consumer Packaged Goods (USD Bil.)**** | $946.0 | $1,104.9 | $1,162.1 | $1,269.7 | $1,337.0 | $1,402.5 | $1,467.1 | $1,530.1 | $1,592.9 | $1,656.6 | Report |
10 | YoY % Change | 4.1% | 16.8% | 5.2% | 9.3% | 5.3% | 4.9% | 4.6% | 4.3% | 4.1% | 4.0% |
*Excludes fuel, foodservice and online sales
**Sector size reflects sales from businesses where the primary activity is drugstore or pharmacy retailing; as such, it excludes sales from pharmacies operated by non-specialized retailers, such as mass merchandisers and food and grocery retailers
***Mass merchandisers are Target and Walmart US; warehouse clubs are BJ’s Wholesale Club, Costco US and Sam’s Club; discount stores are Big Lots, Dollar General, Dollar Tree (including Family Dollar), Five Below and Ollie’s Bargain Outlet
****Market size includes total e-commerce and store-based CPG sales by retailers in the grocery, convenience store, drugstore, mass merchandiser, warehouse club and dollar store sectors
Source: Circana/US Census Bureau/company reports/Coresight Research
Global Personal Luxury Goods Sales (USD Bil. and YoY % Change)
The personal luxury goods market size includes apparel, accessories, beauty, footwear, jewelry and watches, and excludes experiential luxury categories, such as art, hospitality, travel, vehicles and wines and spirits, as well as the secondhand luxury market.
Category | 2019 | 2020 | 2021 | 2022 | 2023E | 2024E | 2025E | 2026E | 2027E | 2028E | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|
86 | Global | $292.0 | $311.9 | $273.8 | $341.7 | $385.0 | $406.5 | $427.7 | $449.1 | $470.6 | $492.3 | $513.0 |
93 | YoY Change % | 5.9% | 6.8% | -12.2% | 24.8% | 12.7% | 5.6% | 5.2% | 5.0% | 4.8% | 4.6% | 4.2% |
100 | China | $30.1 | $38.9 | $50.4 | $68.3 | $64.4 | $74.0 | $81.4 | $89.2 | $97.2 | $105.5 | $113.9 |
107 | YoY Change | 33.1% | 29.3% | 29.6% | 35.5% | -5.7% | 14.9% | 10.0% | 9.6% | 9.0% | 8.5% | 8.0% |
114 | Asia (ex. China) | $64.0 | $86.7 | $61.9 | $72.2 | $82.3 | $86.8 | $90.3 | $93.4 | $96.3 | $99.2 | $102.2 |
121 | YoY Change | 7.5% | 35.5% | -28.6% | 16.6% | 14.0% | 5.5% | 4.0% | 3.4% | 3.1% | 3.0% | 3.0% |
128 | US | $79.4 | $83.6 | $68.6 | $84.0 | $100.9 | $106.0 | $108.1 | $111.2 | $114.3 | $117.4 | $120.6 |
135 | YoY Change | 4.8% | 5.2% | -17.9% | 22.4% | 20.1% | 5.1% | 2.0% | 2.9% | 2.8% | 2.7% | 2.7% |
142 | Europe | $92.6 | $89.5 | $73.7 | $84.4 | $100.4 | $104.9 | $108.9 | $112.7 | $116.5 | $120.1 | $123.8 |
149 | YoY Change | 5.0% | -3.3% | -17.7% | 14.5% | 19.0% | 4.5% | 3.8% | 3.5% | 3.4% | 3.1% | 3.1% |
156 | ROW | $25.9 | $13.0 | $19.1 | $32.6 | $37.0 | $34.8 | $39.0 | $42.6 | $46.3 | $50.1 | $53.5 |
163 | YoY Change | -12.0% | -49.9% | 46.9% | 70.7% | 13.5% | -5.9% | 12.1% | 9.2% | 8.7% | 8.2% | 6.8% |
Category | 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | 2026E | 2027E | 2028E | |
---|---|---|---|---|---|---|---|---|---|---|---|
1 | Hard Luxury | $92.3 | $84.7 | $117.3 | $125.3 | $129.4 | $133.3 | $137.0 | $140.6 | $144.0 | $147.1 |
2 | YoY Change | -0.5% | -8.2% | 38.5% | 6.8% | 3.3% | 3.0% | 2.8% | 2.6% | 2.4% | 2.2% |
3 | Soft Luxury | $117.4 | $101.3 | $126.7 | $150.1 | $160.6 | $171.5 | $182.9 | $194.6 | $206.6 | $219.0 |
4 | YoY Change | 11.9% | -13.7% | 25.1% | 18.5% | 7.0% | 6.8% | 6.6% | 6.4% | 6.2% | 6.0% |
5 | Luxury Beauty | $75.7 | $66.5 | $70.0 | $77.9 | $82.1 | $86.2 | $90.3 | $94.5 | $98.6 | $102.8 |
6 | YoY Change | 9.1% | -12.2% | 5.3% | 11.3% | 5.4% | 5.0% | 4.8% | 4.7% | 4.3% | 4.3% |
7 | Other | $26.5 | $21.4 | $27.6 | $31.7 | $34.4 | $36.7 | $38.9 | $41.0 | $43.1 | $45.0 |
8 | YoY Change | 6.4% | -19.2% | 29.0% | 14.9% | 8.5% | 6.7% | 6.0% | 5.4% | 5.1% | 4.4% |
Data exclude sales taxes
Source: Company reports/Coresight Research
Data as of May 29, 2024
Retail Media Market Sizes
Category | 2022 | 2023 | 2024E | 2025E | 2026E | 2027E | 2028E | |
---|---|---|---|---|---|---|---|---|
1 | US Retail Media Market Size | |||||||
2 | USD Bil. | 37.0 | 46.3 | 56.5 | 67.8 | 79.9 | 92.9 | 106.4 |
3 | YoY % Change | 22.7% | 25.1% | 22.0% | 20.0% | 17.9% | 16.2% | 14.5% |
4 | UK Retail Media Market Size | |||||||
5 | GBP Bil. | 2.6 | 3.3 | 4 | 4.7 | 5.5 | 6.3 | 7.3 |
6 | YoY % Change | 27.5% | 24.1% | 22.4% | 18.6% | 15.9% | 15.4% | 14.7% |
7 | USD Bil. at Constant Jan 2024 Exchange Rates | 3.3 | 4.1 | 5.1 | 6.0 | 6.9 | 8.0 | 9.2 |
8 | YoY % Change | 27.5% | 24.1% | 22.4% | 18.6% | 15.9% | 15.4% | 14.7% |
Market size as of March 2024. Defined as total sales of advertising space across both digital (e.g., website, app, social) and physical (in-store) locations through a retail media network to target potential audiences curated based on retailer-owned and synthesised data.
Source: Coresight Research
Technology Market Sizes
Category | 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | 2026E | 2027E | 2028E | CAGR, 2023-28E | Report Link | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | Global Cloud Computing (USD Bil.) | 247.8 | 315.3 | 390.7 | 474.7 | 559.2 | 602.3 | 663.7 | 736 | 813.7 | 893 | 9.8 | N/A |
2 | Global Drone Hardware and Software (Commercial and Consumer) (USD Bil.) | N/A | N/A | N/A | 26.8 | 30.9 | 35.6 | 40.8 | 46.6 | 53.2 | 60.5 | 14.4 | N/A |
3 | Global Generative AI Platforms (USD Bil.) | N/A | N/A | N/A | 1.8 | 5.7 | 19.2 | 36.9 | 59.7 | 74.8 | 87.9 | 72.8 | Report |
4 | Global In-Store Labor Productivity Technology (USD Bil.) | 31.3 | 31.9 | 32.2 | 36.2 | 40.2 | 43.7 | 47.7 | 52 | 56.7 | 61.6 | 8.9 | N/A |
5 | Global Industrial Robotics (USD Bil.) | 23.5 | 23.6 | 31 | 37.2 | 44.7 | 52.3 | 61.2 | 70.3 | 78.8 | 86.6 | 14.2 | Report |
6 | Global Price Optimization Software (USD Bil.) | N/A | 0.86 | 1.01 | 1.19 | 1.39 | 1.62 | 1.9 | 2.21 | 2.57 | 2.98 | 16.5 | N/A |
7 | Global Retail Revenues Generated by AI | 3 | 3.8 | 5.2 | 7 | 8.5 | 11 | 14.3 | 18.5 | 23.3 | 31.2 | 29.7 | Report |
8 | Global Web3 Service Providers (USD Bil.) | 0.7 | 1.4 | 2.8 | 9.5 | 14.6 | 20 | 25.2 | 33.1 | 42.6 | 52.3 | 29.1 | Report |
9 | Global Workforce Management Software (USD Bil.) | 27.9 | 80.6 | 43.1 | 47.1 | 53.1 | 58.1 | 63.7 | 70.3 | 77.2 | 83.7 | 9.5 | Report |
10 | US Checkout and Payment Technology (USD Bil.) | 11.7 | 14.8 | 16.5 | 20.3 | 22.6 | 25.3 | 28.3 | 31.5 | 35 | 38.5 | 11.2 | Report |
11 | US Green Sustainable Technology (USD Bil.) | 0.16 | 0.17 | 0.18 | 0.22 | 0.28 | 0.32 | 0.37 | 0.43 | 0.49 | 0.56 | 14.9 | Report |
12 | US Logistics Technology (USD Bil.) | 82.3 | 89.8 | 89.7 | 119.9 | 133.6 | 145 | 166.5 | 186 | 210.6 | 234 | 11.9 | N/A |
13 | US Mobile Payments (Based on Providers' Revenues) (USD Bil.) | 1.2 | 2.3 | 3.4 | 3.8 | 4.1 | 4.6 | 5.3 | 6.2 | 7.1 | 8.1 | 14.6 | N/A |
14 | US Predictive Analytics Solutions Providers (USD Bil.) | 10.4 | 11.1 | 14.3 | 18 | 24.4 | 29 | 34.7 | 41.4 | 49.5 | 58.3 | 19.1 | Report |
15 | US Retail Hardware (USD Bil.) | 50.9 | 52.1 | 49.7 | 54.9 | 56.4 | 59.1 | 61.5 | 64.2 | 66.9 | 69.6 | 4.3 | N/A |
16 | Global Generative AI Chips (USD Bil.) | N/A | N/A | N/A | N/A | N/A | 60.6 | 85.4 | 106.1 | 126.0 | 147.6 | 19.5 | Report |
Data as of March 2024 except where indicated in linked reports. Generative AI market size reflects estimated revenues of vendors of applications
Global Generative AI Chips CAGR is from 2024-2028
Source: Coresight Research
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