Artificial intelligence in Fashion Markets: Apparel, Accessories, and Beauty & Cosmetics - Global Forecast to 2024
The "AI in Fashion Market by Component (Solutions and Services), Application (Product Recommendation, Product Search & Discovery, and CRM), Deployment Mode, Category, (Apparel, Accessories, and Beauty & Cosmetics), End User, and Region - Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering. The Global AI in Fashion Market is Expected to Grow from USD 228 Million in 2019 to USD 1,260 Million by 2024, at a CAGR of 40.8%. Customer's demand for a personalized experience to drive the adoption of AI in fashion across end-users Major growth factors for the market include increasing need for inventory management, customer's demand for a personalized experience, and the growing influence of social media in the fashion industry. However, integration with the legacy system would limit market growth. Fashion designer end-user segment to grow at a higher CAGR during the forecast period Based on end-user, AI in the fashion market is divided into fashion designers and fashion stores.
Nov-7-2019, 18:40:26 GMT
- Country:
- Asia (0.06)
- Genre:
- Press Release (1.00)
- Industry:
- Information Technology (0.54)
- Media > News (0.40)
- Textiles, Apparel & Luxury Goods (0.82)
- Technology: