Press release
Generative AI In Fashion Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends
Generative AI In Fashion Market Forecast
The market size of generative AI in fashion has seen a massive escalation in the past few years. The anticipated growth stands at a leap from $0.13 billion in 2024 to $0.18 billion in 2025, with a compound annual growth rate (CAGR) of 38.4%. The notable expansion during the historic period is a result of the emergence of fashion tech startups, enhanced consumer insights and trend predictions, inspiration from cross-industries, and issues related to sustainability.
In the coming years, it is anticipated that the market size of generative AI in the fashion industry will undergo a surge with a projected value of $0.65 billion by 2029. The staggering compound annual growth rate of 38.0% can be credited to various factors such as the surge in hyper-personalization, the adoption of sustainability solutions, a rise in on-demand manufacturing, and increased demand for creating representative fashion models. The forecast period will likely witness pivotal trends like advancements in machine learning, the advent of virtual try-on technologies, evolving customization trends, real-time trend analysis, and the proliferation of AI-derived influencer fashion and AI-backed styling.
What Factors Are Propelling the Expansion of the Generative AI In Fashion Market?
The burgeoning e-commerce sector is predicted to fuel the expansion of generative AI within the fashion industry. E-commerce is the process of purchasing and selling goods or services online, usually via web-based platforms or sites. The e-commerce sector's growth stems from convenient shopping experiences, changes in consumer tastes, social media, influencer marketing, and enhanced logistics. Generative AI enhances the e-commerce platform in the fashion industry by offering unique, personalized, and fashion-forward products, streamlining supply chains, encouraging sustainability, and improving customer engagement, loyalty, and sales. For example, the United States Census Bureau, a government agency in the U.S., reported that in February 2024, the U.S. e-commerce sales for 2023 amounted to an estimated $1,118.7 billion, indicating a 7.6% increase from 2022. Hence, the expansion of the e-commerce sector is promoting the growth of generative AI in the fashion industry.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=15573&type=smp
Which Businesses Are at the Forefront of Generative AI In Fashion Market Development?
Major companies operating in the generative AI in fashion market are Amazon.com Inc., Alphabet Inc., Adobe Inc., Zalando SE, Farfetch Group Limited, Stitch Fix Inc., Myntra Designs Pvt. Ltd., Choosy, Vue.ai, True Fit Corporation, Mode.ai, Synflux AI Lab LLP, Heuritech SAS, Bigthinx Technologies Pvt. Ltd., Dressformer Technologies Inc., Intelistyle Ltd., Omnivor, RivetAI Inc., Streamoid Technologies, Style.me Technologies Limited, Revery Inc., Stylumia Intelligence Technology Pvt. Ltd., ZyseMe
What Are the Latest Innovations in the Generative AI In Fashion Market?
Key businesses in the generative AI in fashion industry are centering their efforts on technological innovations, specifically generative AI-based platforms. These platforms aim to automate the design process and create one-of-a-kind and customizable fashion ideas. A generative AI platform used in the clothing and fashion industry serves as a technological tool that uses AI algorithms to generate and design patterns and styles for different clothing types and accessories. Navan AI, a Singaporean software firm, for example, introduced niia.ai in April 2024. This is a generative AI platform created to support the apparel and fashion sector. Niia.ai operates on a subscription-as-a-service (SaaS) model as a FashionTech platform, which allows clothing designers and manufacturers to create, visualise, and commercialize their designs with greater efficiency. Furthermore, this platform capitalizes on the potential of generative AI to bring substantial time and cost reductions to clothing designers, while also enhancing their creativity. It provides the capability for fashion and home furnishing labels to churn out prints, designs, and studio-grade product trial images in mere seconds, thanks to generative AI technology.
How Is the Generative AI In Fashion Market Segmented?
The generative AI in fashion market covered in this report is segmented -
1) By Component: Solutions, Services
2) By Deployment Mode: Cloud, On-premises
3) By Category: Clothing, Accessories, Beauty And Cosmetics, Other Categories
4) By Application: Product Recommendation, Product Search and Discovery, Supply Chain Management And Demand Forecasting, Creative Designing And Trend Forecasting, Customer Relationship Management, Virtual Assistants, Other Applications
5) By End User: Fashion Designers, Fashion Stores
Subsegments:
1) By Solutions: AI-Powered Design Tools, Virtual Try-On Solutions, Personalization And Recommendation Systems, AI-Based Trend Forecasting, Fabric And Pattern Generation, 3D Modeling And Rendering Tools
2) By Services: Consulting Services, Integration Services, Support And Maintenance Services, Managed Services
Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/generative-ai-in-fashion-global-market-report
Where Is the Generative AI In Fashion Market Growth Most Prominent?
North America was the largest region in the generative AI in fashion market in 2023. The regions covered in the generative AI in fashion market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Generative AI In Fashion Global Market Report?
- Market Size Analysis: Analyze the Generative AI In Fashion Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Generative AI In Fashion Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Generative AI In Fashion Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Generative AI In Fashion Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=15573
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Generative AI In Fashion Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends here
News-ID: 3862800 • Views: …
More Releases from The Business research company
Leading Companies Reinforce Their Presence in the Blanket Market
The blanket market is steadily gaining traction as consumers increasingly seek comfort and style in their home essentials. With evolving preferences and technological advancements, this sector is set to experience consistent growth. Let's explore the current market value, key players, emerging trends, and the main segments fueling this expansion.
Forecasted Blanket Market Size and Growth Trajectory
The blanket market has seen consistent growth over recent years. From a market size…
Global Trends Review: The Rapid Evolution of the Sporting and Athletic Goods Mar …
The sporting and athletic goods market is experiencing steady growth, driven by evolving consumer preferences and technological advancements. As health and wellness continue to gain importance globally, this market is set for notable expansion in the coming years. Let's explore the current market size, key factors fueling its growth, leading companies, major trends, and segmentation details.
Forecast for Sporting and Athletic Goods Market Size Through 2029
The sporting and athletic…
Train Seat Market Overview, Key Growth Factors, and Insights on Top Players
The train seat industry is experiencing notable growth, driven by advancements in technology and increasing demand for improved passenger comfort. As rail travel evolves, so does the need for innovative, efficient, and adaptable seating solutions that cater to modern requirements. Let's explore the current market status, key players, trends, and segments shaping the future of train seating.
Train Seat Market Size and Growth Expectations
The train seat market has seen…
Leading Companies Solidifying Their Presence in the Spunbond Nonwovens Market
The spunbond nonwovens industry has been experiencing notable growth and shows promising prospects for the coming years. This expanding market is being driven by several innovations and increasing demand across diverse sectors, signaling a robust future.
Projected Growth and Market Size of the Spunbond Nonwovens Market
The spunbond nonwovens market has demonstrated solid expansion recently, with its size expected to rise from $15.57 billion in 2024 to $16.59 billion in…
More Releases for Fashion
Zeelool: Leading Eyeglasses Fashion Trends and Elevating Fashion
At Zeelool.com, we offer over 2,500 different styles, colors, and materials of eyeglasses for you to choose from. We stay up-to-date with the latest trends in eyewear to meet the diverse preferences for personal style and fashion. Not only do we provide a wide range of fashionable frames, but we also offer professional prescription lenses and functional lenses to cater to specific individual needs.
Whether you require lenses for vision correction…
Melapa Fashion International New York Fashion Week 2023
For New York Fashion Week 2023, Melapa Fashion presented its international fashion show at the Bowery Rooftop. Pamela Quinzi, the owner of Melapa Fashion, celebrity fashion designer, and producer, coordinated the event to highlight her Kilame Clothing and Shoes Collection. In addition, Odd Mod Creations of Jewelry designer Jae Breslow presented his first-ever show. Tasha Dwhaj hosted and managed the event, which was produced by Arthur J. Rutledge and Herber…
Fashion Lounge Market Brief Analysis of Top Leading Companies From 2022-2028: Fa …
The latest release from WMR titled Fashion Lounge Market Research Report 2022-2028 (by Product Type, End-User / Application, and Regions / Countries) provides an in-depth assessment of the Fashion Lounge including key market trends, upcoming technologies, industry drivers, challenges, regulatory policies, key players company profiles, and strategies. Global Fashion Lounge Market study with 100+ market data Tables, Pie Chat, Graphs & Figures is now released BY WMR. The report presents…
Growing Fashion Awareness Driving Indian Fashion Accessories Market
According to a new research report, “Indian Women Wear Market Forecast to 2015”, by RNCOS, the influence of western culture has triggered a growing sense of fashion among the Indian women. Increased awareness about latest fashion has boosted the market for fashion accessories, which includes handbags, belts, artificial jewelry and footwear.
The growth in fashion accessories market has been driven by increasing desires of people to look good and feel good,…
Fashion forward designer Nora Sahraoui launches XELA Fashion
From Morocco to France to Miami
For Immediate Release
South Beach, Miami, Florida, April 28,2011
Designer Nora Sahraoui announced the launch of her new brand, XELA Fashion! and her latest designs today in Miami. Her collection of over 50 dresses is now available to fashion forward women. Sahraoui, of Marseilles France, was in Miami for an exciting photo shoot of her latest styles and to launch her website www.XelaFashion.com.…
International Fashion Academy Paris Breeds Fashion Connoisseurs
March 22, 2009 (Shanghai, China) - The International Fashion Academy (IFA Paris) is again bringing its name to the stage of the fashion world with their bachelor’s degree and master’s degree programs. As one of the first foreign fashion schools that opened in China, students are exposed to the classic, yet cutting-edge world of fashion.
The Academic Committee is of primary importance to IFA. The fashion design school’s teachers come…
