AI in Fashion Market Report 2022 - Share, Growth Insights, Revenue, Major Players And Forecast To 2031 || Microsoft, IBM, AWS, SAP, Facebook

The global AI in fashion market report by the business research company identifies the growing influence of social media on the fashion industry to be a major growth driver for the AI in fashion market. Social media is a primary source of information for the fashion industry as there are many opinions and information from all sources globally. Fashion today is mainly dependent on brand promotion and fashion influencers that use social media to communicate their views on fashion. For instance, according to the influencer marketing hub, a social media resource for influencers, the marketing influencer market grew from $ 9.7 billion in 2020 to $ 13.8 billion in 2021. The increasing popularity of short video formats on platforms like TikTok, Facebook, and YouTube, as well as the impact of the global pandemic on consumers, which catalyzed social media consumption, and the optimization of data collection, which marketers used for social media ads, are all contributing to this growth. The growing influence of social media is driving the growth of the market.

The global AI in fashion market size is expected to grow from $0.47 billion in 2021 to $0.65 billion in 2022 at a compound annual growth rate (CAGR) of 40.0%. The global AI in fashion market size is expected to grow to $2.66 billion in 2026 at a CAGR of 42.1%.

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North America was the largest region in the AI in fashion market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global AI in fashion market during the forecast period. The regions covered in global AI in fashion market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Major players in the AI in fashion market are Microsoft, IBM, AWS, SAP, Facebook, Adobe, Oracle, Catchoom, Huawei, Wide Eyes, FindMine, Intelistyle, Lily AI, Pttrns.ai, Syte, mode.ai, Stitch Fix, and Alphabet Inc. (Google).

The global AI in fashion market is segmented -
1) By Category: Apparels, Accessories, Footwear, Beauty and Cosmetics, Jewelry
2) By Deployment Mode: Cloud, On-premise
3) By Components: Solution, Services
4) By Application: Customer Relationship Management, Virtual Assistants, Product Recommendation, Product Search and Discovery, Supply Chain Management and Demand Forecasting, Creative Designing and Trend Forecasting
5) By End Users: Fashion Designers, Fashion Stores

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The AI In Fashion Market Report Contents Include
1. Executive Summary
2. AI In Fashion Market Characteristics
3. AI In Fashion Market Trends And Strategies
4. Impact Of Covid-19 On AI In Fashion
5. AI In Fashion Market Size And Growth
....
26. Africa AI In Fashion Market
27. AI In Fashion Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The AI In Fashion Market
29. AI In Fashion Market Future Outlook And Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the AI in fashion market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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