United States AI in Fashion Market By Component (Solutions and Services), By Deployment Mode (Cloud v/s On-Premises), By Category (Apparel, Accessories, Beauty & Cosmetics, Others), By Application, By End User, By Region, Forecast & Opportunities, 2025

The United States AI In Fashion Market is expected to grow at a formidable CAGR of around 15% during the forecast period. The United States AI In Fashion Market is driven by the increasing need for inventory management and the growing influence of social media in the fashion industry. Additionally, identifying future fashion trends in advance with customer’s buying behavior analysis and growing fast fashion retail are further expected to propel the growth of the market over the coming years.

The United States AI In Fashion Market is segmented based on component, deployment mode, category, application, end-user, company and region. Based on component, the market can be bifurcated into solutions and services. The solutions segment is expected to dominate the market owing to the higher rate of adoption by fashion retailers and brands. Based on application, the market can be fragmented into product recommendation, product search & discovery, supply chain management & demand forecasting, creative designing & trend forecasting, customer relationship management, virtual assistants and others. The product recommendation segment is expected to hold the largest market share during the forecast period on account of the rising adoption of social media and increasing customer awareness as fashion retailers are trying to provide every best possible service to their customers to enhance trust and hold them for a longer time.

Major players operating in the United States AI In Fashion Market include Microsoft Corporation, International Business Machines Corp, Google Inc., Amazon Web Component Inc, Facebook Inc, Adobe Inc, Oracle Corporation, Mad Street Den Inc., Lily AI Inc, Stitch Fix Inc and others.

Years considered for this report:

• Historical Years: 2015-2018
• Base Year: 2019
• Estimated Year: 2020
• Forecast Period: 2021–2025

Objective of the Study:

• To analyze and forecast the market size of the United States AI In Fashion Market.
• To classify and forecast the United States AI In Fashion Market based on component, deployment mode, category, application, end-user industry, company and regional distribution.
• To identify drivers and challenges for the United States AI In Fashion Market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the United States AI In Fashion Market.
• To identify and analyze the profile of leading players operating in the United States AI In Fashion Market.

The author performed both primary as well as exhaustive secondary research for this study. Initially, researchers sourced a list of service providers across the region. Subsequently, they conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, researchers could include the service providers which could not be identified due to the limitations of secondary research. The author analyzed the service providers, distribution channels and presence of all major players across the region.

The author calculated the market size of the United States AI In Fashion Market by using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. Researchers sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.

Key Target Audience:

• AI in fashion service providers, vendors and other stakeholders
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to AI in fashion
• Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end-users, etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.

Report Scope:
In this report, the United States AI In Fashion Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Market, By Component:

• Solutions
• Services

Market, By Deployment Mode:

• Cloud
• On-Premises

Market, By Category:

• Apparel
• Accessories
• Beauty & Cosmetics
• Others

Market, By Application:

• Product Recommendation
• Product Search & Discovery
• Supply Chain Management & Demand Forecasting
• Creative Designing & Trend Forecasting
• Customer Relationship Management
• Virtual Assistants
• Others

Market, By End-User Industry:

• Fashion Designers
• Fashion Stores
• Others

Market, By Region:

• North-East
• Mid-West
• West
• South

Competitive Landscape

• Company Profiles: Detailed analysis of the major companies present in the United States AI In Fashion Market.

Available Customizations:
With the given market data, the author offers customizations according to a client's specific needs.

This report will be delivered within 3 business days and will include the latest impact analysis of COVID-19.