Market Analysis

Cyber Week 2025: Up USD 5bn and 230% - Was AI Compute the Real Winner?

Signwl Research Desk
December 2, 2025
6 min read

While retailers celebrated record-breaking sales during Cyber Week 2025, the infrastructure powering AI shopping assistants may have been the event's true beneficiary. Our analysis reveals that compute costs for consumer-facing AI tools grew 567% year-over-year, reaching USD 70-143 million for the week-long shopping period—and this represents just the beginning of a multi-billion dollar infrastructure opportunity.

The Explosive Growth of AI Shopping Assistants

AI shopping assistants—consumer-facing tools like ChatGPT, Google Gemini, and Amazon's Rufus—have transitioned from experimental novelty to mainstream shopping channel with remarkable speed. Traffic from these platforms surged 805% year-over-year in 2025, with an estimated 8.8-16.4 billion sessions during Cyber Week alone, up from just 70-140 million sessions in 2023.

Critically, these AI-assisted shoppers convert 38% more frequently than traditional browsers, driving measurable revenue impact that justifies infrastructure investment. Global consumer adoption reached 22% in 2025, doubling from the prior year, and shows no signs of slowing.

Cyber Week AI Compute Revenue Trajectory

YearSessions (Cyber Week)Consumer AdoptionCompute Revenue
202370-140M3%USD 2-5M
2024980M-1.8B10-12%USD 19-42M
20258.8-16.4B20-22%USD 70-143M
202639-98B35-40%USD 234-588M
2027117-343B50-60%USD 585-1,715M

The 2027 projection assumes moderating but still robust growth as adoption approaches majority penetration (50-60% of shoppers), with traffic growth rates declining from 805% to a more sustainable 200-250% annually.

Extrapolating to Annual Global Retail Market

Cyber Week represents approximately 5-7% of annual holiday shopping, which itself comprises roughly 20% of yearly retail activity. Applying seasonal adjustment factors and accounting for lower baseline traffic during non-peak periods, we estimate total annual AI compute revenue across retail (midpoint of range shown, in USD Bn):

AI Shopping Assistants currently represent approximately 30-35% of total retail AI compute spend, with the balance attributable to backend systems including personalized marketing, product recommendations, customer service chatbots, fraud detection, and inventory optimization. By 2027, we project shopping assistants will grow to approximately 40% of total spend as consumer adoption reaches majority penetration.

By 2027, total retail AI compute could generate USD 45-82 billion in annual revenue globally (midpoint: USD 63.4B)—a market rivaling traditional enterprise software categories, with shopping assistants alone accounting for USD 13 to USD 39 billion (midpoint: USD 26.1B). This analysis covers retail exclusively, excluding healthcare, financial services, and other vertical applications where similar AI adoption curves are emerging.

The Bull Case for Infrastructure Providers

Cloud service providers (AWS, Azure, Google Cloud) and AI chip manufacturers (NVIDIA, AMD) stand to capture the majority of this revenue, with gross margins of 60-70% on specialized AI accelerators and 30-40% on cloud services. The infrastructure build-out required—estimated at 150-400 megawatts of additional datacenter capacity by 2027—represents significant capital deployment opportunities for datacenter REITs and network infrastructure providers.

Retailers have demonstrated willingness to pay: those deploying AI agents achieved 7x higher sales growth (13% vs. 2%) than non-adopters, creating a compelling ROI that justifies infrastructure spending well above our estimates.

The Bear Case: Headwinds to Watch

However, several factors could dramatically reduce these projections. Model efficiency improvements have historically cut compute costs 30-50% annually—OpenAI's GPT-4 Turbo costs 10x less per token than GPT-4 at launch just 18 months prior. If this trend continues, 2027 revenue could be 60-70% lower than projected.

Edge computing represents another threat, with on-device AI processing potentially handling 20-30% of shopping assistant workloads by 2027, bypassing cloud infrastructure entirely. Apple's and Google's investments in on-device AI accelerators suggest this shift is already underway.

Economic sensitivity poses additional risk. A recession could slash discretionary shopping, disproportionately impacting AI adoption. Consumer privacy concerns and potential regulation around AI-driven commerce could slow deployment, particularly in Europe and other restrictive markets.

Finally, the assumption of continued adoption growth may prove optimistic. If AI shopping assistants plateau at 40-45% penetration rather than 60%, 2027 revenue would fall to USD 8-15 billion—still substantial, but 40-60% below our base case.

Conclusion

AI compute infrastructure supporting retail shopping assistants appears poised for extraordinary growth, potentially reaching USD 13 to USD 39 billion annually by 2027. However, investors should monitor efficiency improvements, architectural shifts, and adoption curves closely—each could dramatically alter the investment thesis. For now, the infrastructure layer appears to be Cyber Week's overlooked winner, capturing durable revenue from a rapidly expanding category of commerce.

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Assumptions & Methodology

Data Sources

  • Salesforce Cyber Week Reports (2023, 2024, 2025): Primary source for global sales figures, AI-influenced sales percentages, and retail traffic data. Reports analyze aggregated data from over 1.5 billion global shoppers across 89 countries.
  • Adobe Analytics: U.S. online sales figures, AI traffic growth rates (805% YoY), and consumer spending data. Based on analysis of over 1 trillion visits to U.S. retail sites.
  • Deloitte Holiday Retail Survey: U.S. consumer AI adoption rates (33% in 2025).
  • Industry reports: Conversion rate differentials (38% higher for AI-assisted shoppers), retailer performance comparisons (7x sales growth for AI adopters).

Key Assumptions

Session Volume Estimation:

  • Cyber Week 2025 sessions derived from traffic growth rates (805% YoY) applied to 2024 baseline
  • Average 10-15 AI queries per shopping session
  • Global consumer adoption adjusted downward from U.S. figures (22% global vs. 33% U.S.) to account for regional variations in AI availability and adoption

Compute Cost Calculation:

  • Blended cost per query: USD 0.002-0.004, weighted average of lightweight recommendations (USD 0.001), medium-complexity chatbots (USD 0.005), and sophisticated LLM queries (USD 0.02)
  • Costs reflect cloud pricing for AI inference workloads; actual retailer costs may vary based on infrastructure choices

Annual Extrapolation:

  • Cyber Week represents approximately 5-7% of annual holiday shopping volume
  • Holiday season (Nov-Dec) comprises roughly 20% of annual retail activity
  • Seasonal adjustment applied to account for lower AI assistant usage during non-peak periods

Category Split:

  • AI Shopping Assistants: 30-35% of total retail AI compute (2025), growing to 40% by 2027
  • Other AI Usage (customer service, marketing, recommendations, fraud detection): 65-70% of total (2025), declining to 60% by 2027 as shopping assistants grow faster

Growth Projections (2026-2027):

  • Traffic growth rates moderating: 400-500% (2026), 200-250% (2027) as adoption approaches mainstream penetration
  • Consumer adoption trajectory: 35-40% (2026), 50-60% (2027)
  • Sales growth: Conservative 6% annual increase based on 2023-2024 historical rate

Limitations

  • Compute costs are estimates; actual costs not publicly disclosed by retailers or cloud providers
  • AI influence attribution involves assumptions about causality between AI usage and purchase completion
  • U.S. consumer survey data may not fully represent global adoption patterns
  • 2026-2027 projections subject to macroeconomic conditions, technology disruption, and regulatory changes
  • Model efficiency improvements could significantly reduce compute costs, impacting revenue projections

Tags

GPUMarket AnalysisRetail