Retail technology market seen reaching $338.55 billion by 2030

By AI, Created 2:01 PM UTC, June 01, 2026, /AGP/ – The Business Research Company says the global retail technology market will grow from $252.81 billion in 2025 to $267.54 billion in 2026, then climb to $338.55 billion by 2030. The report points to e-commerce adoption, AI analytics, cloud platforms and omnichannel tools as the main forces reshaping retail operations and customer experience.

Why it matters: - Retail technology is becoming core infrastructure for stores and online sellers as retailers try to improve inventory control, payments, customer engagement and operational efficiency. - The market’s projected growth signals continued spending on tools that support digital commerce, automation and personalized shopping.

What happened: - The Business Research Company published a retail technology market report with a 2026 market outlook and global forecast through 2035. - The report estimates the market will grow from $252.81 billion in 2025 to $267.54 billion in 2026. - The report projects the market will reach $338.55 billion by 2030. - The report pegs 2026-2030 growth at a 6.1% compound annual growth rate. - North America held the largest share of the global retail technology market in 2025. - Asia-Pacific is expected to be the fastest-growing region during the forecast period.

The details: - Retail technology includes digital tools, software and hardware used to optimize retail operations across physical and online channels. - The category covers inventory management, billing, supply chain processes, automation and data analytics. - The report cites digital payment solutions, retail automation, e-commerce growth, personalized shopping demand, and barcode and RFID inventory systems as key drivers of 2025-2026 growth. - Looking ahead, the report points to AI-driven analytics, cloud-based and hybrid retail platforms, omnichannel customer engagement tools, mobile commerce, self-service technologies, and immersive augmented and virtual reality as growth engines. - Emerging trends include mobile and self-service point-of-sale systems, automated inventory tracking and optimization, loyalty platforms, multi-channel e-commerce management and cloud-based deployments. - The report includes coverage of Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa. - The company added market attractiveness scoring, total addressable market analysis, company scoring matrix graphics, Excel-based forecasting dashboards, market hotspots infographics, and updated graphics and tables to its 2026 reports. - The report is available with a free sample and the full report.

Between the lines: - E-commerce penetration remains the clearest demand driver because more consumers are buying through marketplaces, retailer websites and mobile apps. - Eurostat reported in February 2026 that 95% of EU residents ages 16 to 74 used the internet in 2025, and 78% of internet users bought or ordered goods and services online. - That combination of broad internet access and digital shopping behavior helps explain why retailers are investing in connected systems that unify online and offline operations. - The forecast also suggests retailers are moving beyond basic transaction tools toward software that supports data-driven decisions, customer retention and immersive shopping experiences.

What’s next: - The report expects broader adoption of AI analytics, hybrid platforms and omnichannel tools to keep pushing the market higher through 2030 and beyond. - Retailers are likely to keep expanding mobile, self-service and cloud-based systems as consumer expectations and channel complexity rise. - The Business Research Company says future retail technology use will increasingly center on automation, integration and personalized engagement.

The bottom line: - Retail technology is shifting from a support function to a growth engine for modern retail, and the next phase of adoption appears to be tied to e-commerce, AI and cloud-based operations.