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AI In Fashion Market Analysis, Trends, Growth, Research And Forecast 2032
AI in Fashion Market
The Business Research Company's AI in Fashion Global Market Report 2023 identifies growing influence of social media as the major driver for the AI in fashion market's growth in the forecast period. 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 influencer marketing hub, a social media resource for influencers, the marketing influencer market size will grow from $ 9.7 billion in 2020 to $ 13.8 billion in 2021.
The global ai in fashion market size will grow from $0.65 billion in 2022 to $0.91 billion in 2023 at a compound annual growth rate (CAGR) of 40.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the ai in fashion is expected to grow to $3.72 billion in 2027 at a CAGR of 42.0%.
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Major competitors 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).
A key trend in the AI in fashion market includes growing influence of social media. 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 influencer marketing hub, a social media resource for influencers, the marketing influencer market size will grow from $ 9.7 billion in 2020 to $ 13.8 billion in 2021.
Read More On The Global AI in Fashion Market Report Here:
https://www.thebusinessresearchcompany.com/report/ai-in-fashion-global-market-report
The AI in fashion market is segmented -
• By Category: Apparels, Accessories, Footwear, Beauty And Cosmetics, Jewelry
• By Deployment Mode: Cloud, On-premise
• By Components: Solution, Services
• By Application: Customer Relationship Management, Virtual Assistants, Product Recommendation, Product Search And Discovery, Supply Chain Management And Demand Forecasting, Creative Designing And Trend Forecasting
• By End Users: Fashion Designers, Fashion Stores
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the AI in fashion market.
The Business Research Company's "Global AI in Fashion Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The AI in Fashion Market Include:
1. Executive Summary
2. AI in Fashion Market Characteristics
3. AI in Fashion Market Trends And Strategies
4. AI in Fashion Market - Macro Economic Scenario
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
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