Market Synopsis
Competitive Market Growth, Size, Share and Forecast to 2024 for AI In Fashion Market, By Component (Solutions, Services); By Application (Fashion Trend Forecasting, Spotting Winning Products And Automatic Tagging, Demand Forecasting, Similar Recommendations And Visual Search, Inventory Optimization Across The Value Chain, Customer Experience Management And Retail Automation, Content Management, Localizing Assortment For A Store, Others); By Organization Size (Startups, Small And Medium Organizations, Large Organizations); By Category (Apparel, Accessories, Footwear, Beauty And Cosmetics, Others); By End User (Designers, Manufacturers, Retailers, Planners, Market Researchers And Merchandisers, Category Heads, Store Frontend Employees/ Fashion Stores, Others)
Market Snapshot
The AI In Fashion Market was valued USD 228 million in 2021 and will grow at a CAGR of 40.80% for the forecast period of 2019-2024, as per the market research report by Absolute Markets Insights titled ” AI In Fashion Market
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Report Description AI In Fashion Market.
Market Overview
In terms of revenue, global AI in fashion market was valued at US$ 982.45 Mn in 2021 and is growing at an estimated CAGR of 40.9% over the forecast period (2022 – 2030). Artificial intelligence (AI) has revolutionized almost every industry, and this also includes the very glamorous fashion industry. The buzzing social media platforms are driving the fashion market and this is forcing this industry to extensively use latest technology to stay with the trends. By using artificial intelligence (AI), fashion companies can easily identify upcoming trends on the basis of consumer behaviour analysis.
AI In Fashion Market based on a variety of criteria, including forward/backward integration, economies of scale, the proportion of different distribution channels, various elements influencing consumer behavior, including brand loyalty, price, and product accessibility, capital investments, the regulatory environment, production rights and patents, promotional tactics, and other client preferences. The stakeholders in the industry are likely to benefit from this information and be encouraged to make decisions.
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AI In Fashion Market Competitive Landscape:
The prominent companies in the AI In Fashion Market are:
Adobe
AWS
Heuritech
IBM
Kloud9
Lily AI
Mad Street Den Inc
Microsoft
Oracle
SAP SE
Stylumia Intelligence Technology Pvt Ltd
Others
Impact of COVID-19:
Insights on COVID-19 in consumer behavior, demand shifts, purchasing trends, supply chain restructuring, market forces dynamics, and significant government participation are presented in this paper. Regarding the impact of COVID-19 on the markets, the new research offers additional information, analysis, projections, and estimates.
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- The industry operating conditions, market size, profitability analysis, SWOT analysis, major players, historical and forecast data, growth Porter’s Five Forces analysis, revenue forecasts, industry trends, and financial ratios are all included in the free sample.
- The study also contains a thorough analysis of the major variables influencing the market’s growth, as well as country- and region-specific Absolute Market Insights analyses.
- The Sample Report provides readers with a competitive edge by providing additional information on the major market players, including their sales volume, business strategy, and revenue analysis.
Key Benefits of Global AI In Fashion Market Report:
- The research on global AI In Fashion Market trends includes in-depth historical and future analyses.
- The Global AI In Fashion Market Growth Research Report offers comprehensive data on Market Introduction, Market Summary, Global Market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, and Regional and National levels.
- The research on global AI In Fashion Market trends aids in locating business prospects.
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AI In Fashion Market Regional Insights
On the basis of region, the global AI in fashion market has been divided into Latin America, Europe, North America, Middle East & Africa, Asia-Pacific. The region of North America dominates in terms of market share as technological advancement witnessed by countries like the United States and Canada is the highest. The amount of money spent for integrating tech like AI in fashion industry is at all-time high.
The report provides a thorough analysis of the AI In Fashion Market expansion and other factors in significant geographic areas. North America, Europe, Asia-Pacific, and Latin America are the main regions addressed in the research.
Why the AI In Fashion Market Report is Beneficial?
- The AI In Fashion Market report was put together using a comprehensive and innovative research technique.
- The study provides a thorough overview of the competitive landscape for the AI In Fashion Market
- “It contains a substantial amount of data on the most recent product and technology breakthroughs in the AI In Fashion Market
- The wide variety of analysis related to how these enhancements will affect the future growth of AI In Fashion Market
- The AI In Fashion Market study’s thorough research report combines the necessary historical data and analysis.
- The AI In Fashion Market report’s insights are clear and include graphical representations of the data in the form of bar graphs, statistics, pie charts, etc.
- This report can be altered to suit the needs of the client. Please get in touch with our sales staff so they can make sure you receive a report that is appropriate for your needs.
AI In Fashion Market Segmentation:
The AI In Fashion Market the market has been divided into groups based on product type and application. The share and growth rate of each market segment are assessed. Additionally, the experts have investigated possible areas that might pay off for the makers in the upcoming years. The geographical study provides accurate volume and value forecasts, assisting market participants in gaining a comprehensive understanding of the entire sector.
Global AI in Fashion Market
By Component
- Solutions
- Services
By Application
- Fashion trend forecasting
- Spotting winning products and Automatic Tagging
- Demand forecasting
- Similar Recommendations and Visual Search
- Inventory optimization across the value chain
- Customer Experience Management and Retail Automation
- Content Management
- Localizing assortment for a store
- Others
By Organization
- Startups
- Small and Medium Organizations
- Large Organizations
By Category
- Apparel
- Accessories
- Footwear
- Beauty and Cosmetics
- Others
By End User
- Designers
- Manufacturers
- Retailers
- Planners
- Market researchers and Merchandisers
- Category Heads
- Store Frontend Employees/ Fashion stores
- Others
Global AI In Fashion Market by Region
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
Absolute Markets Insights
Absolute Markets Insights is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Absolute Markets Insights has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
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