Uploaded on Apr 28, 2021
The global AI in Fashion market size is anticipated to reach USD 1,639 million by 2025. In addition, it is expected to exhibit a CAGR of nearly 38% during the forecast period 2018-2025.
AI In Fashion Market Report 2021 – Market Size, Share, Price, Trend and Forecast Market Size, Share, Value, and Competitive Landscape
Adroit Market Research
AI in Fashion Market
by Category (Accessories, Beauty & Cosmetics, Jewelry & Watches, Apparel,
Footwear, and Others), Application (Creative Designing and Trend Forecasting,
Virtual Assistant, Customer Relationship Management, Product
Recommendation, Supply Chain Management & Demand Planning, and
Others), End Users (Fashion Stores and Fashion Designers), and Region Global
Forecast, 2018 to 2025
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Adroit Market Research
The Increasing Social Media Influence On The Fashion Industry Is Boosting The AI In Fashion
Market Growth
• The growing need to analyze customers buying preferences and future fashion trends are
anticipated to create opportunities for the AI in the Fashion market
• The global AI in Fashion market size is anticipated to reach USD 1,639 million by 2025. In
addition, it is expected to exhibit a CAGR of nearly 38% during the forecast period 2018-2025. The
fashion industry is dynamic as the fashion trends keep changing every time. The everyday new
range of patterns and designs come to the market that sets new fashion trends. Also, fashion
retailers and designers always need to keep updated with such vastly changing styles. Hence,
artificial intelligence retailers can analyze such trends and customers based on their preferences
and choices and target the market accordingly.
• The current and future AI in fashion market advances are defined to state the attractiveness of the
market. Key impacting aspects focus on AI in the fashion of market opportunities during the
forecast period. Factors such as the growing need for better inventory management solutions are
driving the market growth. Also, increasing the need to enhance customer experience is fuelling
the adoption of AI technology in fashion industry. Moreover, the increasing social media influence
on the fashion industry is also boosting the global AI in Fashion market growth. However, the
existence of legacy systems is expected to hamper the market growth. Furthermore, the growing
need to analyze customers buying preferences and future fashion trends is anticipated to provide
growth opportunities for AI in the fashion market in the upcoming years.
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Adroit Market Research
The Increasing Social Media Influence On The Fashion Industry Is Boosting The AI
In Fashion Market Growth
• The report also highlights various aspects of the global AI in the fashion industry by analyzing the
market through value chain analysis. Besides, the AI in the fashion market report covers different
qualitative aspects of the AI in the fashion industry in market drivers, key industry opportunities,
and restraints. Furthermore, the report proposes a comprehensive valuation of the market
competitiveness along with company profiling of residents as well as global vendors.
• The AI in the fashion market has solid competition among the early established and new players.
Also, to capture a competitive advantage over the other industry players many industry players are
aiming potential markets by forming collaboration and partnerships, agreements, mergers &
acquisitions, acquiring new startups & other companies, and escalating their business presence.
• Based on the application, the market is segmented into creative designing and trend forecasting,
virtual assistant, supply chain management & demand planning, customer relationship
management, product recommendation, and others. The product recommendation segment leads
the market growth in 2019 and it is projected to hold its position during the forecast years. The
growth of this segment is primarily accredited to the increasing trend of online sales and shopping
• The major players of the global AI in the fashion market are Adobe, IBM, Oracle, SAP, Amazon Web
Services, Catchoom, Facebook, Google, Microsoft, and Intelistyle. Moreover, the other prospective
players in the AI in the fashion market are Huawei Technologies Co., WIDE EYES TECHNOLOGIES,
Heuritech, Site, and PTTRNS.AI. The recognized companies are coming up with innovative and new
AI in fashion solutions. AI in the fashion market comprises well established local as well as global
players. In addition, the already recognized market players are coming up with new innovative
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tools, platforms, and services to stay competitive in the global market.
Adroit Market Research
Segment Overview of Global AI in Fashion Market
Category Overview, 2018-2025 (USD Million)
• Accessories
• Beauty & Cosmetics
• Jewelry & Watches
• Apparel
• Footwear
• Others
Application Overview, 2018-2025 (USD Million)
• Creative Designing and Trend Forecasting
• Virtual Assistant
• Customer Relationship Management
• Product Recommendation
• Supply Chain Management and Demand Planning
• Others
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Adroit Market Research
Segment Overview of Global AI in Fashion Market
End Users Overview, 2018-2025 (USD Million)
• Fashion Stores
• Fashion Designers
Regional Overview, 2018-2025 (USD Billion)
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• Brazil
• Rest of South America
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Adroit Market Research
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