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AI in Fashion Market Size 2020, Share, Global Industry Growth, Business Statistics, Top Leaders, Competitive Landscape, Forecast To 2025

By Frank Ustinov 21 Apr 2020 Business,Technology

AI in Fashion Market Latest Research Report 2020:

The report presents a highly comprehensive and accurate research study on the global AI in Fashion market. It offers PESTLE analysis, qualitative and quantitative analysis, Porter’s Five Forces analysis, and absolute dollar opportunity analysis to help players improve their business strategies. It also sheds light on critical AI in Fashion Market dynamics such as trends and opportunities, drivers, restraints, and challenges to help market participants stay informed and cement a strong position in the industry. With competitive landscape analysis, the authors of the report have made a brilliant attempt to help readers understand important business tactics that leading companies use to maintain AI in Fashion market sustainability.

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Global AI in Fashion Market is valued approximately USD 161.9 million in 2018 and is anticipated to grow with a healthy growth rate of more than 40.8% over the forecast period 2019-2026. The Fashion industry has adopted the latest AI technology which enhances the customer experience and increases the sales in the industry by increasing customization by suggesting similar clothing patterns according to customer needs. Also, the use of AI has brought in Automatic operations in the mundane tasks like data entry, calculations and more. Further, customer™s demand for a personalized experience, increasing need for inventory management and the growing influence of social media in the fashion industry has led to the adoption of AI in Fashion across the forecast period. Also, Identifying future fashion trends in advance with customer™s buying behavior analysis and Growing fast fashion retail has boosted the adoption of artificial intelligence in the fashion industry.

The regional analysis of global AI in Fashion market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the growing social media adoption, the expansion of local enterprises and the government initiatives that are focused on advancements in the AI technology. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as increasing population along with increasing disposable income has led to major investment of Tech giants would create lucrative growth prospects for the AI in Fashion market across Asia-Pacific region.

Major market player included in this report are:

Microsoft (US)

IBM (US)

Google (US)

AWS (US)

SAP (Germany)

Facebook (US)

Adobe (US)

Oracle (US)

Catchoom (Spain)

Huawei (China)

Vue.ai (US)

Heuritech (France)

Wide Eyes (Spain)

FINDMINE (US)

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Components:

Solution

Software Tools

Platforms

Services

Training and Consulting

System Integration and Testing

Support and Maintenance

By Applications:

Product Recommendation

Product Search and Discovery

Supply Chain Management and Demand Forecasting

Creative Designing and Trend Forecasting

Customer Relationship Management

Virtual Assistants

Others (Fraud detection, fabric waste reduction, and price optimization)

By Deployment Mode:

Cloud

On-premises

By Category:

Apparel

Accessories

Footwear

Beauty and Cosmetics

Jewelry and Watches

Others (eyewear, home decor)

By End-User:

Fashion Designers

Fashion Stores

By Region:

North America

U.S.

Canada

Europe

UK

Germany

Asia Pacific

China

India

Japan

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year “ 2016, 2017

Base year “ 2018

Forecast period “ 2019 to 2026

Target Audience of the Global AI in Fashion Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investor

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Table of Contents:

Study Coverage: It includes study objectives, years considered for the research study, growth rate and AI in Fashion market size of type and application segments, key manufacturers covered, product scope, and highlights of segmental analysis.

Executive Summary: In this section, the report focuses on analysis of macroscopic indicators, market issues, drivers, and trends, competitive landscape, CAGR of the global AI in Fashion market, and global production. Under the global production chapter, the authors of the report have included market pricing and trends, global capacity, global production, and global revenue forecasts.

AI in Fashion Market Size by Manufacturer: Here, the report concentrates on revenue and production shares of manufacturers for all the years of the forecast period. It also focuses on price by manufacturer and expansion plans and mergers and acquisitions of companies.

Production by Region: It shows how the revenue and production in the global market are distributed among different regions. Each regional market is extensively studied here on the basis of import and export, key players, revenue, and production.

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Frank Ustinov

Being a veteran in the field of writing with an experience of 15 years, Frank Ustinov holds the entire responsibility of the Technology Department on the Business Stats News. He has been a part of the Business Stats News for 10 years now. With a Bachelor’s Degree in Technology Management, Frank deals with writing articles, blogs, and reports relating to the technology.

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