The global AI in fashion market size was estimated to be around US$ 1.58 billion in 2023 and is projected to reach US$ 49.07 billion by 2033, indicating a CAGR of 41% from 2024 to 2033.
Key Points
- North America led the AI in the fashion market with the largest market size in 2023.
- Asia Pacific is expected to witness the fastest growth in the market during the forecast period.
- By component, the solution segment dominated the market in 2023.
- By deployment, the cloud segment is projected to witness the fastest rate of expansion during the forecast period.
- By application, the product recommendation segment dominated the market in 2023.
- By application, the product search and discovery segment is expected to witness the fastest rate of expansion during the forecast period.
- By type, the apparel segment dominated the market with the largest share in 2023.
- By type, the accessories segment is expected to grow at a significant rate during the forecast period.
- By end-user, the fashion designers segment led the market in 2023.
The market research report on the AI in fashion market provides a comprehensive analysis of various key aspects. It includes the definition, classification, and application of AI in fashion products. The report examines the development trends, competitive landscape, and industrial chain structure within the industry. Furthermore, it presents an overview of the industry, analyzes national policies and planning, and offers insights into the latest market dynamics and opportunities at a global level.
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AI in Fashion Market Scope
Report Coverage | Details |
Growth Rate from 2024 to 2033 | CAGR of 41% |
Global Market Size in 2023 | USD 1.58 Billion |
Global Market Size by 2033 | USD 49.07 Billion |
Largest Market | North America |
Base Year | 2022 |
Forecast Period | 2024 to 2033 |
Segments Covered | By Component, By Deployment, By Application, By Type, and By End-User |
Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Read More: IoT Sensors Market Size to Attain USD 312.22 Billion by 2033
The report presents the volume and value-based market size for the base year 2023 and forecasts the market’s growth between 2023 and 2032. It estimates market numbers based on product form and application, providing size and forecast for each application segment in both global and regional markets.
Focusing on the global AI in fashion market, the report highlights its status, future forecasts, growth opportunities, key market players, and key market regions such as the United States, Europe, and China. The study aims to present the development of the AI in fashion market by considering factors like Year-on-Year (Y-o-Y) growth, in addition to Compound Annual Growth Rate (CAGR). This approach enables a better understanding of market certainty and the identification of lucrative opportunities.
Regarding production, the report investigates the capacity, production, value, ex-factory price, growth rate, and market share of major manufacturers, regions, and product types. On the consumption side, the report focuses on the regional consumption of AI in fashion products across different countries and applications.
Buyers of the report gain access to verified market figures, including global market size in terms of revenue and volume. The report provides reliable estimations and calculations for global revenue and volume by product type from 2024 to 2033. It also includes accurate figures for production capacity and production by region during the same period.
The research includes product parameters, production processes, cost structures, and data classified by region, technology, and application. Furthermore, it conducts SWOT analysis and investment feasibility studies for new projects.
This in-depth research report offers valuable insights into the AI in fashion market. It employs an objective and fair approach to analyze industry trends, supporting customer competition analysis, development planning, and investment decision-making. The project received support and assistance from technicians and marketing personnel across various links in the industry chain.
The competitive landscape section of the report provides detailed information on xx market competitors. It includes company overviews, financials, revenue generation, market potential, research and development investments, new market initiatives, global presence, production sites, production capacities, strengths and weaknesses, product launches, product range, and application dominance. However, the data points provided only focus on the companies’ activities related to the AI in fashion market.
Prominent players in the market are expected to face tough competition from new entrants. Key players are targeting acquisitions of startup companies to maintain their dominance. The report
Reasons to Purchase this Report:
- Comprehensive market segmentation analysis incorporating qualitative and quantitative research, considering the impact of economic and policy factors.
- In-depth regional and country-level analysis, examining the demand and supply dynamics that influence market growth.
- Market size in USD million and volume in million units provided for each segment and sub-segment.
- Detailed competitive landscape, including market share of major players, recent projects, and strategies implemented over the past five years.
- Comprehensive company profiles encompassing product offerings, key financial information, recent developments, SWOT analysis, and employed strategies by major market players.
AI in Fashion Market Companies
- Microsoft Corporation
- IBM Corporation
- Google Inc.
- Amazon Web Service Inc.
- SAP AG
- Lily AI
- Oracle Corporation
- Catchoom
- Heuritch
Segments Covered in the Report
By Component
- Solution
- Software Tools
- Platforms
- Services
- Training and Consulting
- System Integration and Testing
- Support and Maintenance
By Deployment
- Product Recommendation
- Product Search and Discovery
- Supply Chain Management and Demand Forecasting
- Creative Designing and Trend Forecasting
- Customer Relationship Management
- Virtual Assistants
By Application
- Cloud
- On-premises
By Type
- Apparel
- Accessories
- Footwear
- Beauty and Cosmetics
- Jewelry and Watches
By End-User
- Fashion Designers
- Fashion Stores
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology (Premium Insights)
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on AI in Fashion Market
5.1. COVID-19 Landscape: AI in Fashion Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global AI in Fashion Market, By Component
8.1. AI in Fashion Market, by Component, 2024-2033
8.1.1. Solution
8.1.1.1. Market Revenue and Forecast (2021-2033)
8.1.2. Software Tools
8.1.2.1. Market Revenue and Forecast (2021-2033)
8.1.3. Platforms
8.1.3.1. Market Revenue and Forecast (2021-2033)
8.1.4. Services
8.1.4.1. Market Revenue and Forecast (2021-2033)
8.1.5. Training and Consulting
8.1.5.1. Market Revenue and Forecast (2021-2033)
8.1.6. System Integration and Testing
8.1.6.1. Market Revenue and Forecast (2021-2033)
8.1.7. Support and Maintenance
8.1.7.1. Market Revenue and Forecast (2021-2033)
Chapter 9. Global AI in Fashion Market, By Deployment
9.1. AI in Fashion Market, by Deployment, 2024-2033
9.1.1. Product Recommendation
9.1.1.1. Market Revenue and Forecast (2021-2033)
9.1.2. Product Search and Discovery
9.1.2.1. Market Revenue and Forecast (2021-2033)
9.1.3. Supply Chain Management and Demand Forecasting
9.1.3.1. Market Revenue and Forecast (2021-2033)
9.1.4. Creative Designing and Trend Forecasting
9.1.4.1. Market Revenue and Forecast (2021-2033)
9.1.5. Customer Relationship Management
9.1.5.1. Market Revenue and Forecast (2021-2033)
9.1.6. Virtual Assistants
9.1.6.1. Market Revenue and Forecast (2021-2033)
Chapter 10. Global AI in Fashion Market, By Application
10.1. AI in Fashion Market, by Application, 2024-2033
10.1.1. Cloud
10.1.1.1. Market Revenue and Forecast (2021-2033)
10.1.2. On-premises
10.1.2.1. Market Revenue and Forecast (2021-2033)
Chapter 11. Global AI in Fashion Market, By Type
11.1. AI in Fashion Market, by Type, 2024-2033
11.1.1. Apparel
11.1.1.1. Market Revenue and Forecast (2021-2033)
11.1.2. Accessories
11.1.2.1. Market Revenue and Forecast (2021-2033)
11.1.3. Footwear
11.1.3.1. Market Revenue and Forecast (2021-2033)
11.1.4. Beauty and Cosmetics
11.1.4.1. Market Revenue and Forecast (2021-2033)
11.1.5. Jewelry and Watches
11.1.5.1. Market Revenue and Forecast (2021-2033)
Chapter 12. Global AI in Fashion Market, By End-User
12.1. AI in Fashion Market, by End-User, 2024-2033
12.1.1. Fashion Designers
12.1.1.1. Market Revenue and Forecast (2021-2033)
12.1.2. Fashion Stores
12.1.2.1. Market Revenue and Forecast (2021-2033)
Chapter 13. Global AI in Fashion Market, Regional Estimates and Trend Forecast
13.1. North America
13.1.1. Market Revenue and Forecast, by Component (2021-2033)
13.1.2. Market Revenue and Forecast, by Deployment (2021-2033)
13.1.3. Market Revenue and Forecast, by Application (2021-2033)
13.1.4. Market Revenue and Forecast, by Type (2021-2033)
13.1.5. Market Revenue and Forecast, by End-User (2021-2033)
13.1.6. U.S.
13.1.6.1. Market Revenue and Forecast, by Component (2021-2033)
13.1.6.2. Market Revenue and Forecast, by Deployment (2021-2033)
13.1.6.3. Market Revenue and Forecast, by Application (2021-2033)
13.1.6.4. Market Revenue and Forecast, by Type (2021-2033)
13.1.6.5. Market Revenue and Forecast, by End-User (2021-2033)
13.1.7. Rest of North America
13.1.7.1. Market Revenue and Forecast, by Component (2021-2033)
13.1.7.2. Market Revenue and Forecast, by Deployment (2021-2033)
13.1.7.3. Market Revenue and Forecast, by Application (2021-2033)
13.1.7.4. Market Revenue and Forecast, by Type (2021-2033)
13.1.7.5. Market Revenue and Forecast, by End-User (2021-2033)
13.2. Europe
13.2.1. Market Revenue and Forecast, by Component (2021-2033)
13.2.2. Market Revenue and Forecast, by Deployment (2021-2033)
13.2.3. Market Revenue and Forecast, by Application (2021-2033)
13.2.4. Market Revenue and Forecast, by Type (2021-2033)
13.2.5. Market Revenue and Forecast, by End-User (2021-2033)
13.2.6. UK
13.2.6.1. Market Revenue and Forecast, by Component (2021-2033)
13.2.6.2. Market Revenue and Forecast, by Deployment (2021-2033)
13.2.6.3. Market Revenue and Forecast, by Application (2021-2033)
13.2.7. Market Revenue and Forecast, by Type (2021-2033)
13.2.8. Market Revenue and Forecast, by End-User (2021-2033)
13.2.9. Germany
13.2.9.1. Market Revenue and Forecast, by Component (2021-2033)
13.2.9.2. Market Revenue and Forecast, by Deployment (2021-2033)
13.2.9.3. Market Revenue and Forecast, by Application (2021-2033)
13.2.10. Market Revenue and Forecast, by Type (2021-2033)
13.2.11. Market Revenue and Forecast, by End-User (2021-2033)
13.2.12. France
13.2.12.1. Market Revenue and Forecast, by Component (2021-2033)
13.2.12.2. Market Revenue and Forecast, by Deployment (2021-2033)
13.2.12.3. Market Revenue and Forecast, by Application (2021-2033)
13.2.12.4. Market Revenue and Forecast, by Type (2021-2033)
13.2.13. Market Revenue and Forecast, by End-User (2021-2033)
13.2.14. Rest of Europe
13.2.14.1. Market Revenue and Forecast, by Component (2021-2033)
13.2.14.2. Market Revenue and Forecast, by Deployment (2021-2033)
13.2.14.3. Market Revenue and Forecast, by Application (2021-2033)
13.2.14.4. Market Revenue and Forecast, by Type (2021-2033)
13.2.15. Market Revenue and Forecast, by End-User (2021-2033)
13.3. APAC
13.3.1. Market Revenue and Forecast, by Component (2021-2033)
13.3.2. Market Revenue and Forecast, by Deployment (2021-2033)
13.3.3. Market Revenue and Forecast, by Application (2021-2033)
13.3.4. Market Revenue and Forecast, by Type (2021-2033)
13.3.5. Market Revenue and Forecast, by End-User (2021-2033)
13.3.6. India
13.3.6.1. Market Revenue and Forecast, by Component (2021-2033)
13.3.6.2. Market Revenue and Forecast, by Deployment (2021-2033)
13.3.6.3. Market Revenue and Forecast, by Application (2021-2033)
13.3.6.4. Market Revenue and Forecast, by Type (2021-2033)
13.3.7. Market Revenue and Forecast, by End-User (2021-2033)
13.3.8. China
13.3.8.1. Market Revenue and Forecast, by Component (2021-2033)
13.3.8.2. Market Revenue and Forecast, by Deployment (2021-2033)
13.3.8.3. Market Revenue and Forecast, by Application (2021-2033)
13.3.8.4. Market Revenue and Forecast, by Type (2021-2033)
13.3.9. Market Revenue and Forecast, by End-User (2021-2033)
13.3.10. Japan
13.3.10.1. Market Revenue and Forecast, by Component (2021-2033)
13.3.10.2. Market Revenue and Forecast, by Deployment (2021-2033)
13.3.10.3. Market Revenue and Forecast, by Application (2021-2033)
13.3.10.4. Market Revenue and Forecast, by Type (2021-2033)
13.3.10.5. Market Revenue and Forecast, by End-User (2021-2033)
13.3.11. Rest of APAC
13.3.11.1. Market Revenue and Forecast, by Component (2021-2033)
13.3.11.2. Market Revenue and Forecast, by Deployment (2021-2033)
13.3.11.3. Market Revenue and Forecast, by Application (2021-2033)
13.3.11.4. Market Revenue and Forecast, by Type (2021-2033)
13.3.11.5. Market Revenue and Forecast, by End-User (2021-2033)
13.4. MEA
13.4.1. Market Revenue and Forecast, by Component (2021-2033)
13.4.2. Market Revenue and Forecast, by Deployment (2021-2033)
13.4.3. Market Revenue and Forecast, by Application (2021-2033)
13.4.4. Market Revenue and Forecast, by Type (2021-2033)
13.4.5. Market Revenue and Forecast, by End-User (2021-2033)
13.4.6. GCC
13.4.6.1. Market Revenue and Forecast, by Component (2021-2033)
13.4.6.2. Market Revenue and Forecast, by Deployment (2021-2033)
13.4.6.3. Market Revenue and Forecast, by Application (2021-2033)
13.4.6.4. Market Revenue and Forecast, by Type (2021-2033)
13.4.7. Market Revenue and Forecast, by End-User (2021-2033)
13.4.8. North Africa
13.4.8.1. Market Revenue and Forecast, by Component (2021-2033)
13.4.8.2. Market Revenue and Forecast, by Deployment (2021-2033)
13.4.8.3. Market Revenue and Forecast, by Application (2021-2033)
13.4.8.4. Market Revenue and Forecast, by Type (2021-2033)
13.4.9. Market Revenue and Forecast, by End-User (2021-2033)
13.4.10. South Africa
13.4.10.1. Market Revenue and Forecast, by Component (2021-2033)
13.4.10.2. Market Revenue and Forecast, by Deployment (2021-2033)
13.4.10.3. Market Revenue and Forecast, by Application (2021-2033)
13.4.10.4. Market Revenue and Forecast, by Type (2021-2033)
13.4.10.5. Market Revenue and Forecast, by End-User (2021-2033)
13.4.11. Rest of MEA
13.4.11.1. Market Revenue and Forecast, by Component (2021-2033)
13.4.11.2. Market Revenue and Forecast, by Deployment (2021-2033)
13.4.11.3. Market Revenue and Forecast, by Application (2021-2033)
13.4.11.4. Market Revenue and Forecast, by Type (2021-2033)
13.4.11.5. Market Revenue and Forecast, by End-User (2021-2033)
13.5. Latin America
13.5.1. Market Revenue and Forecast, by Component (2021-2033)
13.5.2. Market Revenue and Forecast, by Deployment (2021-2033)
13.5.3. Market Revenue and Forecast, by Application (2021-2033)
13.5.4. Market Revenue and Forecast, by Type (2021-2033)
13.5.5. Market Revenue and Forecast, by End-User (2021-2033)
13.5.6. Brazil
13.5.6.1. Market Revenue and Forecast, by Component (2021-2033)
13.5.6.2. Market Revenue and Forecast, by Deployment (2021-2033)
13.5.6.3. Market Revenue and Forecast, by Application (2021-2033)
13.5.6.4. Market Revenue and Forecast, by Type (2021-2033)
13.5.7. Market Revenue and Forecast, by End-User (2021-2033)
13.5.8. Rest of LATAM
13.5.8.1. Market Revenue and Forecast, by Component (2021-2033)
13.5.8.2. Market Revenue and Forecast, by Deployment (2021-2033)
13.5.8.3. Market Revenue and Forecast, by Application (2021-2033)
13.5.8.4. Market Revenue and Forecast, by Type (2021-2033)
13.5.8.5. Market Revenue and Forecast, by End-User (2021-2033)
Chapter 14. Company Profiles
14.1. Microsoft Corporation
14.1.1. Company Overview
14.1.2. Product Offerings
14.1.3. Financial Performance
14.1.4. Recent Initiatives
14.2. IBM Corporation
14.2.1. Company Overview
14.2.2. Product Offerings
14.2.3. Financial Performance
14.2.4. Recent Initiatives
14.3. Google Inc.
14.3.1. Company Overview
14.3.2. Product Offerings
14.3.3. Financial Performance
14.3.4. Recent Initiatives
14.4. Amazon Web Service Inc.
14.4.1. Company Overview
14.4.2. Product Offerings
14.4.3. Financial Performance
14.4.4. Recent Initiatives
14.5. SAP AG
14.5.1. Company Overview
14.5.2. Product Offerings
14.5.3. Financial Performance
14.5.4. Recent Initiatives
14.6. Lily AI
14.6.1. Company Overview
14.6.2. Product Offerings
14.6.3. Financial Performance
14.6.4. Recent Initiatives
14.7. Oracle Corporation
14.7.1. Company Overview
14.7.2. Product Offerings
14.7.3. Financial Performance
14.7.4. Recent Initiatives
14.8. Catchoom
14.8.1. Company Overview
14.8.2. Product Offerings
14.8.3. Financial Performance
14.8.4. Recent Initiatives
14.9. Heuritch
14.9.1. Company Overview
14.9.2. Product Offerings
14.9.3. Financial Performance
14.9.4. Recent Initiatives
Chapter 15. Research Methodology
15.1. Primary Research
15.2. Secondary Research
15.3. Assumptions
Chapter 16. Appendix
16.1. About Us
16.2. Glossary of Terms
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