Global AI in Fashion Market Share is Projected to Grow From USD 249 Million in 2019 to USD 1.3 Billion in 2029 at a Healthy 21% CAGR in the Estimated Period 2022 to 2029 Says StraitsResearch
The increasing technological adoption in the fashion industry has propelled the growth of the market. However, the existence of legacy systems has restrained the development of the market.
The AI in Fashion Market Study by StraitsResearch gives a vital tool and source to Industry stakeholders to figure out the market and other important technicalities, covering growth, market current and future opportunities, competitive scenarios, and top key trends in the AI in Fashion market.
The new updated report by Straits Research titled, ‘Global AI in Fashion Market Report and Forecast 2021-2029’, gives an in-depth analysis of the global AI in Fashion market, evaluating the market based on its segments such as type, distribution channels, and major regions and company profiles.
The global AI in fashion market is expected to grow from USD 249 million in 2019 to USD 1.3 billion in 2029 at a compound annual growth rate (CAGR) of 21% in the forecast period.
Get Exclusive Sample of Report on AI in Fashion Market is Available Here @ https://straitsresearch.com/report/ai-in-fashion-market/request-sample
The report tracks the latest upcoming trends in the industry and studies their positive impact on the overall market. It also evaluates the industry dynamics, covering the key demand, technology advancement, top industry drivers and price indicators, along with analysing the global industry based on the market segments, SWOT and Porter’s Five Forces models.
The Asia-Pacific anticipated exhibiting the fastest growth in the market owing to favoring government initiatives, increasing adoption of the latest technologies, and high adoption of smartphones.
Impacts of COVID-19 on this Market: -
The on-going Covid-19 pandemic has overhauled numerous facets of the market. This industry research report offered financial impacts and market disturbance in the AI in Fashion market. It also contains an analysis of the potentially profitable industry opportunities and key challenges in the predictable future. They interviewed numerous delegates of the industry and got involved in the primary and secondary research to discuss the clients with information and strategies to fight against the market challenges amongst and after the COVID-19 pandemic.
Major companies contributing in the global AI in Fashion market are Microsoft Corporation (the U.S.), IBM (the U.S.), Google (the U.S.), AWS (the U.S.),SAP(Germany), Facebook (the U.S.), Adobe (the U.S.), Oracle (the U.S.), Catchoom (France), Huawei (China), Vue.AI (the U.S.), Heuritech (Paris), Wide Eyes (Spain), Findmine (the U.S.), Intelistyle (the U.K.), Lily AI (the U.S.), Pttrns.AI (Netherlands), Syte (Israel), Mode.AI (the U.S.), and Stitch Fix (the U.S.) among others.
The global AI in Fashion market has been spread across North America, Europe, Asia-Pacific, the Middle East and Africa, and the Rest of the World.
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Market Segmentation of AI in Fashion Market:-
Training and Consulting
System Integration and Testing
Support and Maintenance
Product Search and Discovery
Supply Chain Management and Demand Forecasting
Creative Designing and Trend Forecasting
Customer Relationship Management
Others (Fraud detection, fabric waste reduction, and price optimization)
By Deployment Mode:
Beauty and Cosmetics
Jewelry and Watches
Others (eyewear, home decor)
Industry Drivers and Risks:-
The report pays special attention to factors which underwrite to the Insurance AI in Fashion Market growth also called as market drivers. Any variations in these market dynamics directly affect the market growth hence the report offered a future insight into important key factors that should be observed and which could be leveraged by companies, vendors, industry distributors and all stakeholders alike to their advantage. The report also offers an insight into the key challenges faced by the market and the strategies used by existing industry players to overcome or avoid these risks.
Benefits of Purchasing AI in Fashion Research Report: -
Client satisfaction: The team at AI in Fashion will assist with all research necessities and provides customized or syndicate industry report
Inimitable Expertise: Analysts will provide in-depth insights into the global Market Analysts Support: Get instant query fixed by the specialist’s pre and post-purchase of the AI in Fashion Market report
Assured Quality: insight slice maintains the accuracy and quality of the Market
Click Here to Access the Full Report @ https://straitsresearch.com/report/ai-in-fashion-market
Important Questions Answered in the AI in Fashion Industry Report:-
Which end user segment is anticipated to create profitable development
opportunities globally for the market?
How is the market probable to evolve in the
What are the upcoming key trends and industry opportunities likely
to triumph the market in the future?
What innovative strategies are adopted by AI in Fashion
market top vendors to stay forward of the pack?
Which region is estimated to be the most lucrative
region for the market globally?
What are the key restraints affecting the development of the
global AI in Fashion?
Tactical Key Points Covered in Table of Content of AI in Fashion Market:-
Chapter 1: Basic Introduction, industry key driving force product Objective of Study and Research Scope AI in Fashion
Chapter 2: Exclusive Summary – the basic information of Market.
Chapter 3: Displaying the Market Dynamics- Key Drivers, Industry Trends
Chapter 4: Presenting Market Factor Analysis Porters Five Forces, Supply Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the Report Segmentation and Region
Chapter 6: Evaluating the leading industry manufacturers of Market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To estimate the market by segments, by countries and by vendors with revenue share and sales by key countries in these numerous regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Click Here to Access the Toc of AI in Fashion Market Report @ https://straitsresearch.com/report/ai-in-fashion-market/toc
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Global AI in Fashion Market Report 2021 is Anticipated to Grow USD 1.3 Billion in 2029 at CAGR of 21% in During Forecast Period 2021 to 2029 says StraitsResearch
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