FEATURED COMPANIES
- Adobe
- Heuritech
- Intelistyle
- Mode AI
- SAP
Time to restyle the fashion industry which has been the epitome of styling for years. It is the situation of the pandemic which causes such changes inevitably. The ongoing pandemic has forced the fashion industry to vamp up the technologies which can make people safer as well as give the customer’s an enriching experience. Fashion Industry is seen as one of the most competitive markets where something which is trending today may find itself in the corner the next day. In the backdrop of the pandemic, artificial intelligence (AI) can be used as the smartest tool to help the interests of the customers. Right now, it has been used to increase the productivity of the manufacturing of the clothes and the smooth functioning of enterprises.
A need for personalization of products has made AI the top choice of every industry. We have already witnessed the “suggestions based on what you have seen” on various OTT platforms like Netflix, Amazon, and a plethora of others. The current environment values personal experience as the highest. Time to see some disruptive ideas emerging in the fashion industry as well.AI has umpteen applications in the fashion industry, ranging from product recommendation, product search, creative designing, and trend forecasting, virtual assistant, supply chain management, and demand forecasting and other applications.
There has been a huge demand for AI in the fashion industry and this is major because of the rising influence of social media on the industry of fashionistas. The growing popularity of personalized experience is the driving force behind the demand for AI. Apart from this, giving suggestions to the customer concerning upcoming future trends tracking their past shopping behavior and the growth in the retail industry are the other two key factors that are boosting the adoption of AI in the fashion hub. India, being a diverse country that has huge diverse behavior in terms of culture and region, such differentiation can be a huge challenge to cope up with. The extra clutter on social media is also something that needs to be broken down to capture enough eye-balls of the customers.
There is no speck of doubt that Artificial Intelligence AI has changed the way business is done. With the growing popularity of e-commerce, more and more consumer data is being tracked than ever. Most of the trending fashion platforms are able to decode consumer data based on their shopping behavior.
Research Methodology:
The market of AI in fashion has been analyzed by utilizing the optimum combination of secondary sources and in-house methodology, along with an irreplaceable blend of primary insights. The real-time assessment of the market is an integral part of our market sizing and forecasting methodology. Our industry experts and panel of primary participants have helped in compiling relevant aspects with realistic parametric estimations for a comprehensive study. The participation share of different categories of primary participants is given below:
On the basis of components, Artificial Intelligence in the fashion market is fragmented into 2 parts:
The deployment segment is further categorized into 2 segments into:
On the basis of applications, AI in the fashion hub can be categorized under:
On the basis of Category, the market is divided into:
Based on the Geographic region, it covers:
However, there is much scope of improvement globally owing to the fact that the initial investment in this market is high and its maintenance cost is also high to sustain it. However, it can be seen that the market is growing with key providers operating in the global AI in fashion include Adobe, Oracle, Catchoom, Huawei, Vue.AI, Heuritech, Wide Eyes, Findmine, Intelistyle, Lily AI, IBM, Microsoft, Google, Facebook, AWS, Pttrns.AI, SAP, Stitch Fix, Syte, and Mode AI.
The AI in the Fashion Industry is expected to grow at a CAGR of ~39.17% during the forecast period 2020–2026. This report grants exhaustive research about the ongoing trends and the competitive trends following the usage of AI in the fashion industry.
This report will be delivered within 3-5 business days.
A need for personalization of products has made AI the top choice of every industry. We have already witnessed the “suggestions based on what you have seen” on various OTT platforms like Netflix, Amazon, and a plethora of others. The current environment values personal experience as the highest. Time to see some disruptive ideas emerging in the fashion industry as well.AI has umpteen applications in the fashion industry, ranging from product recommendation, product search, creative designing, and trend forecasting, virtual assistant, supply chain management, and demand forecasting and other applications.
There has been a huge demand for AI in the fashion industry and this is major because of the rising influence of social media on the industry of fashionistas. The growing popularity of personalized experience is the driving force behind the demand for AI. Apart from this, giving suggestions to the customer concerning upcoming future trends tracking their past shopping behavior and the growth in the retail industry are the other two key factors that are boosting the adoption of AI in the fashion hub. India, being a diverse country that has huge diverse behavior in terms of culture and region, such differentiation can be a huge challenge to cope up with. The extra clutter on social media is also something that needs to be broken down to capture enough eye-balls of the customers.
There is no speck of doubt that Artificial Intelligence AI has changed the way business is done. With the growing popularity of e-commerce, more and more consumer data is being tracked than ever. Most of the trending fashion platforms are able to decode consumer data based on their shopping behavior.
Research Methodology:
The market of AI in fashion has been analyzed by utilizing the optimum combination of secondary sources and in-house methodology, along with an irreplaceable blend of primary insights. The real-time assessment of the market is an integral part of our market sizing and forecasting methodology. Our industry experts and panel of primary participants have helped in compiling relevant aspects with realistic parametric estimations for a comprehensive study. The participation share of different categories of primary participants is given below:
On the basis of components, Artificial Intelligence in the fashion market is fragmented into 2 parts:
- Solutions
- Services
The deployment segment is further categorized into 2 segments into:
- Cloud
- On-premises
On the basis of applications, AI in the fashion hub can be categorized under:
- Customer Relationship Management
- Virtual Assistants
- Product Recommendation
- Product Search and Discovery
- Supply Chain Management and Demand Forecasting
- Creative Designing and Trend Forecasting
- Fashion Designers
- Fashion Stores
On the basis of Category, the market is divided into:
- Apparel
- Accessories
- Footwear
- Beauty and Cosmetics
- Jewellery And Watches
- Others
Based on the Geographic region, it covers:
- North America
- Europe
- Asia Pacific
- Rest of the World
However, there is much scope of improvement globally owing to the fact that the initial investment in this market is high and its maintenance cost is also high to sustain it. However, it can be seen that the market is growing with key providers operating in the global AI in fashion include Adobe, Oracle, Catchoom, Huawei, Vue.AI, Heuritech, Wide Eyes, Findmine, Intelistyle, Lily AI, IBM, Microsoft, Google, Facebook, AWS, Pttrns.AI, SAP, Stitch Fix, Syte, and Mode AI.
The AI in the Fashion Industry is expected to grow at a CAGR of ~39.17% during the forecast period 2020–2026. This report grants exhaustive research about the ongoing trends and the competitive trends following the usage of AI in the fashion industry.
- The report would provide key insights about the current level of AI in the fashion industry
- A qualitative analysis would be the backbone for any in-depth research for the usage of AI in the fashion segment
- The technological challenges and the data privacy issues would be handled in the exhaustive report as well
This report will be delivered within 3-5 business days.
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Adobe
- Heuritech
- Intelistyle
- Mode AI
- SAP
Executive Summary
Industry Outlook
Annexure
Industry Outlook
- Industry Overview
- Industry Trends
- Market Definition
- Market Outlook
- PEST Analysis
- Porter Five Forces
- Related Markets
- Ecosystem
- Market Outlook
- Market Evolution
- Market Trends and Impact
- Market Segmentation
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- DRO - Impact Analysis
- Overview
- Solution
- Services
- Overview
- Customer Relationship Management
- Virtual Assistants
- Product Recommendation
- Product Search and Discovery
- Supply Chain Management and Demand Forecasting
- Creative Designing and Trend Forecasting
- Overview
- Cloud
- On-premises
- Overview
- Apparel
- Accessories
- Footwear
- Beauty and Cosmetics
- Jewellery and Watches
- Others
- Overview
- Fashion Designers
- Fashion Stores
- Overview
- North America
- Europe
- Asia Pacific
- Rest of the World
- Competitor Comparison Analysis
- Market Developments
- Mergers and Acquisitions, Legal, Awards, Partnerships
- Product Launches and execution
- Adobe
- Overview
- Product Offerings
- Geographic Revenue
- Business Units
- Developments
- SWOT Analysis
- Business Strategy
- Oracle
- Overview
- Product Offerings
- Geographic Revenue
- Business Units
- Developments
- SWOT Analysis
- Business Strategy
- Catchoom
- Overview
- Product Offerings
- Geographic Revenue
- Business Units
- Developments
- SWOT Analysis
- Business Strategy
- Huawei
- Overview
- Product Offerings
- Geographic Revenue
- Business Units
- Developments
- SWOT Analysis
- Business Strategy
- Vue.AI
- Overview
- Product Offerings
- Geographic Revenue
- Business Units
- Developments
- SWOT Analysis
- Business Strategy
- Heuritech
- Overview
- Product Offerings
- Geographic Revenue
- Business Units
- Developments
- SWOT Analysis
- Business Strategy
- Wide Eyes
- Overview
- Product Offerings
- Geographic Revenue
- Business Units
- Developments
- SWOT Analysis
- Business Strategy
- Findmine
- Overview
- Product Offerings
- Geographic Revenue
- Business Units
- Developments
- SWOT Analysis
- Business Strategy
- Intelistyle
- Overview
- Product Offerings
- Geographic Revenue
- Business Units
- Developments
- SWOT Analysis
- Business Strategy
- Lily AI
- Overview
- Product Offerings
- Geographic Revenue
- Business Units
- Developments
- SWOT Analysis
- Business Strategy
- IBM
- Overview
- Market
- Business Strategy
- Microsoft
- Overview
- Market
- Business Strategy
- Overview
- Market
- Business Strategy
- Overview
- Market
- Business Strategy
- AWS
- Overview
- Market
- Business Strategy
- Pttrns.AI
- Overview
- Market
- Business Strategy
- SAP
- Overview
- Market
- Business Strategy
- Stitch Fix
- Overview
- Market
- Business Strategy
- Syte
- Overview
- Market
- Business Strategy
- Mode AI
- Overview
- Market
- Business Strategy
Annexure
- Report Scope
- Market Definitions
- Research Methodology
- Data Collation and In-house Estimation
- Market Triangulation
- Forecasting
- Report Assumptions
- Declarations
- Stakeholders
- Abbreviations
Note: Product cover images may vary from those shown
- Adobe
- Oracle
- Catchoom
- Huawei
- Vue.AI
- Heuritech
- Wide Eyes,
- Findmine
- Intelistyle
- Lily AI
- IBM
- Microsoft
- AWS
- Pttrns.AI
- SAP
- Stitch Fix
- Syte
- Mode AI
Note: Product cover images may vary from those shown