AI in Fashion Market to Witness Massive Growth | Microsoft (US), IBM (US), Google (US), AWS (US)

10/22/2020 2:28:26 AM

(MENAFN- iCrowdNewsWire) Oct 22, 2020

Global AI in Fashion Market Size study, by Component (Solutions and Services), by Application (Product Recommendation, Product Search & Discovery, Supply Chain Management, Creative Designing, CRM, Virtual Assistants), by Deployment Mode(Cloud, On Premises), by Category, (Apparel, Accessories, Footwear, Beauty & Cosmetics, Jewelry), by End User (Fashion Designers, Fashion Stores) and Regional Forecasts 2019-2026 , Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider AI in Fashion market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, AI in Fashion market size forecast, market data & Graphs and Statistics, Tables, Bar & Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Data Tables & Figures, and Chart). - In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region

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Global AI in Fashion Market is valued approximately USD 161.9 million in 2018 and is anticipated to grow with a healthy growth rate of more than 40.8% over the forecast period 2019-2026.

The Fashion industry has adopted the latest AI technology which enhances the customer experience and increases the sales in the industry by increasing customization by suggesting similar clothing patterns according to customer needs. Also, the use of AI has brought in Automatic operations in the mundane tasks like data entry, calculations and more. Further, customer's demand for a personalized experience, increasing need for inventory management and the growing influence of social media in the fashion industry has led to the adoption of AI in Fashion across the forecast period. Also, Identifying future fashion trends in advance with customer's buying behavior analysis and Growing fast fashion retail has boosted the adoption of artificial intelligence in the fashion industry.

The regional analysis of global AI in Fashion market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the growing social media adoption, the expansion of local enterprises and the government initiatives that are focused on advancements in the AI technology. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as increasing population along with increasing disposable income has led to major investment of Tech giants would create lucrative growth prospects for the AI in Fashion market across Asia-Pacific region.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

Target Audience of the Global AI in Fashion Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investor

Key Segments Studied in the Global AI in Fashion Market

Professional Key players:

Microsoft (US), IBM (US), Google (US), AWS (US), SAP (Germany), Facebook (US), Adobe (US), Oracle (US), Catchoom (Spain), Huawei (China), Vue.ai (US), Heuritech (France), Wide Eyes (Spain), FINDMINE (US)

Market Segmentation:

A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021

covid-19 scenario	Market Behavior/ Level of Risk and Opportunity	End Industry Behavior/ Opportunity Assessment	Expected Industry Recovery Timeline	Business Impact Horizon
Opening of Economy by Q3 2020	xx	xx	xx	xx
Recovery – Opening of Economy extended till Q4 2020 / Q1 2021	xx	xx	xx	xx

A systematic step framework for How to Tackle The Situation… 'MITIGATE' | 'SUSTAIN' | 'GROW': Business Strategy Recovery, Scenario and Planning

Economic Consequences of the COVID-19 Outbreak on Market: The Study Explore COVID 19 Outbreak Impact Analysis & Conclusion by Economic Impact & Risk Factors

What should be entry strategies, countermeasures to economic impact, and marketing channels?
What are market dynamics?
What are challenges and opportunities?
What is economic impact on market?
What is current market status? What's market competition in this industry, both company, and country wise? What's market analysis by taking applications and types in consideration?

Geographical Breakdown: The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery path of Covid 19 for all regions, key developed countries and major emerging markets.

Countries: Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam

In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects:
The research includes the key strategic activities such as R & D plans, M & A completed, agreements, new launches, collaborations, partnerships & (JV) Joint ventures, and regional growth of the key competitors operating in the market at global and regional scale.

Market Highlights & Approach
The report provides the rigorously studied and evaluated data of the top industry players and their scope in the market by means of several analytical tools. The analytical tools such as Porters five forces analysis, feasibility study, SWOT analysis, and ROI analysis have been practiced reviewing the growth of the key players operating in the market.

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Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis

- Detailed Overview of market helps deliver clients and businesses making strategies.
- Influential factors that are thriving demand and constraints in the market.
- What is the market concentration? Is it fragmented or highly concentrated?
- What trends, challenges and barriers will impact the development and sizing of market?
- SWOT Analysis of each key players mentioned along with its company profile with the help of Porter's five forces tool mechanism to compliment the same.
- What growth momentum or acceleration market carries during the forecast period?
- Which region is going to tap highest market share in future?
- What Application/end-user category or Product Type may see incremental growth prospects?
- What would be the market share of key countries like United States, France, UK, Germany, Italy, Canada, Australia, Japan, China or Brazil etc.?
- What focused approach and constraints are holding the market tight?

- What impact of COVID-19 lockdown on consumers' awareness, behavior, and attitudes?

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Key Points Covered in AI in Fashion Market Report:

Chapter 1, About Executive Summary to describe Definition, Specifications and Classification of AI in Fashion market, Applications, Market Segment by Regions North America, Europe or Asia;
Chapter 2, objective of the study.
Chapter 3, to display Research methodology and techniques.
Chapter 4 and 5, to show the Overall Market Analysis, segmentation analysis, characteristics;
Chapter 6 and 7, to show the Market size, share and forecast; Five forces analysis (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 8 and 9, to show analysis by regional segmentation, comparison, leading countries and opportunities; Regional Marketing Type Analysis, Supply Chain Analysis
Chapter 10, focus on identifying the key industry influencer's, overview of decision framework accumulated through Industry experts and strategic decision makers;
Chapter 11 and 12, Market Trend Analysis, Drivers, Challenges by consumer behavior, Marketing Channels and demand & supply.
Chapter 13 and 14, describe about the vendor landscape (classification and Market Positioning)
Chapter 15, deals with AI in Fashion Market sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.

……..and view more in complete table of Contents

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