Market overview
The global retail media market is worth USD 192 bn in 2026 and is forecast to reach USD 597 bn by 2036, growing at a 12.0% CAGR. China is the largest country market and Sponsored search is the largest by format segment.
| Scope | Retail media: advertising sold by retailers and marketplaces on their own sites, apps, in-store screens and off-site audiences, using first-party shopper data. |
|---|---|
| Industry | Technology |
| Value 2025 | USD 170 bn |
| Value 2026 | USD 192 bn |
| Value 2036 | USD 597 bn |
| CAGR 2026-2036 | 12.0% |
| Volume 2026 | 2,797 thousand advertisers |
| Volume 2036 | 7,864 thousand advertisers |
| Average price 2026 | USD 68,680 per advertiser |
| Report price | Starts from USD 1,999 |
| Published | November 2026 |
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Retail Media market size and forecast, 2026-2036
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Year | Market value |
|---|---|
| 2026 | USD 192 bn |
| 2027 | USD 215 bn |
| 2028 | USD 241 bn |
| 2029 | USD 270 bn |
| 2030 | USD 302 bn |
| 2031 | USD 339 bn |
| 2032 | USD 379 bn |
| 2033 | USD 425 bn |
| 2034 | USD 476 bn |
| 2035 | USD 533 bn |
| 2036 | USD 597 bn |
Retail Media market segmentation
By format
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Sponsored search | 46.0% | 35.3% | USD 88.4 bn | 9.1% |
| Display and video | 24.0% | 26.4% | USD 46.1 bn | 13.1% |
| Off-site and connected TV | 14.0% | 21.7% | USD 26.9 bn | 17.0% |
| In-store and digital screens | 8.0% | 10.5% | USD 15.4 bn | 15.0% |
| Other formats | 8.0% | 6.1% | USD 15.4 bn | 9.1% |
By retailer type
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Marketplaces | 62.0% | 54.6% | USD 119 bn | 10.6% |
| Grocery and mass retailers | 22.0% | 25.3% | USD 42.3 bn | 13.6% |
| Specialty and other retailers | 16.0% | 20.1% | USD 30.7 bn | 14.6% |
By end use
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Consumer packaged goods | 34.0% | 33.7% | USD 65.3 bn | 11.9% |
| Consumer electronics | 14.0% | 12.7% | USD 26.9 bn | 10.9% |
| Beauty and personal care | 14.0% | 15.1% | USD 26.9 bn | 12.9% |
| Apparel | 12.0% | 11.9% | USD 23.1 bn | 11.9% |
| Health and wellness | 10.0% | 10.8% | USD 19.2 bn | 12.9% |
| Other categories | 16.0% | 15.8% | USD 30.7 bn | 11.9% |
By advertiser type
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Brand manufacturers | 58.0% | 54.0% | USD 111 bn | 11.2% |
| Agencies and ad networks | 28.0% | 28.0% | USD 53.8 bn | 12.0% |
| Small sellers and retailers | 14.0% | 18.0% | USD 26.9 bn | 14.8% |
By pricing model
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Cost per click | 42.0% | 36.0% | USD 80.7 bn | 10.3% |
| Cost per thousand views | 28.0% | 26.0% | USD 53.8 bn | 11.2% |
| Sales-based | 20.0% | 26.0% | USD 38.4 bn | 15.0% |
| Fixed sponsorship | 10.0% | 12.0% | USD 19.2 bn | 14.1% |
Top 25 countries for retail media by revenue
Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 90.5% of 2026 revenue and the 25 countries below together hold 97.3%.
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| # | Country | Value 2026 | Share 2026 | Value 2036 | CAGR 2026-36 |
|---|---|---|---|---|---|
| 1 | China | USD 65.3 bn | 34.0% | USD 191 bn | 11.3% |
| 2 | United States | USD 61.5 bn | 32.0% | USD 180 bn | 11.3% |
| 3 | United Kingdom | USD 9.6 bn | 5.0% | USD 30.4 bn | 12.2% |
| 4 | Japan | USD 7.7 bn | 4.0% | USD 22.7 bn | 11.4% |
| 5 | Germany | USD 5.8 bn | 3.0% | USD 18.5 bn | 12.4% |
| 6 | South Korea | USD 5.8 bn | 3.0% | USD 18.5 bn | 12.4% |
| 7 | India | USD 5.8 bn | 3.0% | USD 34.0 bn | 19.4% |
| 8 | France | USD 4.8 bn | 2.5% | USD 15.5 bn | 12.4% |
| 9 | Brazil | USD 3.8 bn | 2.0% | USD 16.1 bn | 15.4% |
| 10 | Canada | USD 3.8 bn | 2.0% | USD 12.5 bn | 12.6% |
| 11 | Mexico | USD 1.7 bn | 0.9% | USD 6.2 bn | 13.5% |
| 12 | Spain | USD 1.6 bn | 0.8% | USD 5.0 bn | 12.4% |
| 13 | Netherlands | USD 1.4 bn | 0.7% | USD 4.0 bn | 11.2% |
| 14 | Australia | USD 1.2 bn | 0.6% | USD 3.8 bn | 12.0% |
| 15 | Italy | USD 1.1 bn | 0.6% | USD 3.2 bn | 11.2% |
| 16 | Turkey | USD 980 mn | 0.5% | USD 3.5 bn | 13.4% |
| 17 | Russia | USD 864 mn | 0.5% | USD 2.5 bn | 11.2% |
| 18 | Thailand | USD 768 mn | 0.4% | USD 2.7 bn | 13.6% |
| 19 | Vietnam | USD 692 mn | 0.4% | USD 2.4 bn | 13.5% |
| 20 | Philippines | USD 615 mn | 0.3% | USD 2.2 bn | 13.6% |
| 21 | Saudi Arabia | USD 538 mn | 0.3% | USD 1.9 bn | 13.5% |
| 22 | United Arab Emirates | USD 480 mn | 0.2% | USD 1.7 bn | 13.7% |
| 23 | Poland | USD 442 mn | 0.2% | USD 1.6 bn | 13.4% |
| 24 | Argentina | USD 384 mn | 0.2% | USD 1.3 bn | 12.6% |
| 25 | Colombia | USD 346 mn | 0.2% | USD 1.3 bn | 13.7% |
| Rest of world | USD 5.1 bn | 2.7% | USD 14.6 bn | 11.0% |
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
Competitive landscape
Group 1: Global leaders
- Amazon
- Walmart
- Alibaba
- JD.com
- Instacart
- Target
- PDD Holdings
Group 2: Regional and specialist players
- Kroger
- Tesco
- Carrefour
- Home Depot
- Albertsons
- Coupang
- Best Buy
- Lowe's
- Ahold Delhaize
- Sainsbury's
Group 3: Emerging and niche players
- Criteo
- Pacvue
- Koddi
- Mirakl
- Topsort
- Kevel
- Zitcha
- Moloco
- Rokt
Research methodology
Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the retail media market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.
The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 12.0% is calculated from the resulting values.
The market is divided by format, by retailer type, by end use, by advertiser type, by pricing model. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.
Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.
Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.
Frequently asked questions
How big is the retail media market?
The global retail media market is estimated at USD 170 bn in 2025 and USD 192 bn in 2026.
How fast will the retail media market grow?
It is forecast to reach USD 597 bn by 2036, a compound annual growth rate of 12.0% from 2026, an increase of USD 405 bn.
Which country is the largest market for retail media?
China is the largest market by revenue at USD 65.3 bn in 2026, 34.0% of the global total. The three largest countries together hold 71.0%.
Which country is growing fastest?
Among the ten largest markets, India is growing fastest at 19.4% a year from 2026 to 2036.
Which retail media segment is largest?
In the by format split, Sponsored search is the largest segment with 46.0% of 2026 revenue.
Who are the leading retail media companies?
Global leaders include Amazon, Walmart, Alibaba, JD.com.
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