Increase in Venture Capital Investment to Drive the US AI in E-commerce Market

Published: Mar 2021

US AI in e-commerce market is projected to grow at a CAGR of 26.0% during the forecast period (2019-2025). The US marks a significant position in the venture investment activity of the e-commerce industry. Some of the leading funding of AI in e-commerce sectors include- 

Riskified- In 2019, the company announced series E funding of $165 million from investor General Atlantic.

True Fit- True fit and intelligent personalization platform acquired funding of $55 million in 2018, by investors Georgian Partners.

Browse the full report description US AI in E-commerce Market Size, Share & Trends Analysis Report by Application (Pricing & Promotion, Supply Chain Management, Marketing, and Others), and Forecast 2019-2025 at https://www.omrglobal.com/industry-reports/us-ai-in-e-commerce-market

Further, there are a number of start-ups that have emerged in the last decade in the country. In the US, start-ups are working in the AI in e-commerce landscape and securing significant funding from investors. Some of the major start-ups working in the field of AI in e-commerce include Nuro, Wish Shopping, Riskified, True Fit provides, and others.

Some of the AI in Retail Start-Ups in the US, 2020

Company

Location

Founded Year

Funding

Nuro.ai

Menlo Park

2016

$1.03 Billion

Riskified

New York City

2012

$229 Million

Forter

New York City

2013

$100 Million

Lily AI

Mountain View

2015

$17 Million

The growing investments in these companies are an indication that investors are looking at AI as a leading technology for future growth. 

Market Coverage

Report Elements

Details

Study Period

2018-2025

Base year

2018

Forecast period

2019-2025

2018 Market Value

$552 Million

CAGR (2019-2025)

26.0%

Segments Covered

By Application

Key Companies Profiled

Amazon.com Inc., IBM Corp., Google LLC, and Microsoft Corp.

Start-Ups

Nuro, Wish Shopping, Riskified, True Fit, and Forter

Key questions addressed by the report

  • What is the market growth rate during the forecast period?
  • Which segment dominates the market in the base year?
  • Which segment will project the fastest growth in the market during the forecast period?
  • How COVID-19 will impact the market growth in 2020 and the coming years?
  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

North American AI in E-commerce Market – Segmentation

By Application

  • Pricing & Promotion
  • Supply Chain Management
  • Marketing
  • Others

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