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North America Artificial Intelligence in Fashion Market to 2027 - Regional Analysis and Forecasts by Offerings (Solutions and Services); Deployment (On-premise and Cloud-based); Application (Product Recommendation, Virtual Assistant, Product Search and Discovery, Creative Designing and Trend Forecasting, Customer Relationship Management, and Others); End-User Industry (Apparel, Accessories, Cosmetics, and Others)

  • THE3361298
  • 158 Pages
  • November 2019
  • ICT & Media
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The North America artificial intelligence in fashion market accounted for US$ 128.7 Mn in 2018 and is expected to grow at a CAGR of 37.9% over the forecast period 2019-2027, to account for US$ 2254.2 Mn in 2027. Artificial Intelligence in fashion market is expected to experience remarkable growth in the coming years due to the rising technological advancements and expanding services and facilities in artificial intelligence in the fashion arena. Also, the availability of the massive amount of data due to the increased proliferation of digital services across the globe is anticipated to provide a strong thrust to the growth of artificial intelligence in fashion market. The penetration of advanced technology in the fashion sector worldwide and the real-time consumer behaviour insights and increased operational efficiency are driving the adoption of artificial intelligence in the fashion industry also present a bright outlook ahead for the artificial intelligence in fashion market in the coming years. However, Data privacy and security concerns across the sector would pose a stern challenge to the growth of the artificial intelligence in fashion market in the coming years. Despite these hindrances, the introduction of Natural Language Programming (NLP) to the fashion industry is a massive opportunity for AI in fashion vendors are anticipated to offer ample growth opportunities for the players operating in the artificial intelligence in fashion market during the forecast period of 2019 to 2027.

The artificial intelligence in fashion market is fragmented in nature due to the presence of several end-user industries, and the competitive dynamics in the market are anticipated to change during the coming years. In addition to this, various initiatives are undertaken by governmental bodies to accelerate the artificial intelligence in fashion market further. The North American countries are developing various policies and outlining best practices to implement artificial intelligence for promoting innovation in various industry sectors. Further, the political agendas for North American countries are aligned with the development of Machine Learning (ML) and Artificial Intelligence (AI). Artificial intelligence technologies such as self-adapting machine learning, deep learning or Natural language processing are expected to transform the way businesses work. Governments of various North American countries are working on drafting robust and comprehensive set of regulations and policies for a holistic development of artificial intelligence in this region.

The end-user industry segment of artificial intelligence in fashion market is segmented into apparel, accessories, cosmetics, and others. The apparel segment led the North America market in 2018 and is expected to continue its dominance during the forecast period. The apparel end-user includes clothing, sportswear, and footwear sectors. The use of AI technology is the apparel industry can be applied in all phases, including preproduction, production, as well as postproduction. The AI technology in apparel manufacturing can be used for several processes, including fiber grading, yarn properties estimation, fabric fault analysis, as well as dye recipe prediction. In the supply chain, AI-based models can be utilized to integrate and share information at any point in supply chain management. A number of AI approaches can be applied in supply chain planning, demand forecasting, optimization of the network, managing the logistics, sample management, inventory management; as well as inventory replenishment.

The overall artificial intelligence in fashion market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the artificial intelligence in fashion market. It also provides an overview and forecast for the artificial intelligence in fashion market based on all the segmentation provided with respect to the North American region. Also, primary interviews were conducted with industry participants and commentators to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the artificial intelligence in fashion market. Some of the players present in artificial intelligence in fashion market are Adobe Inc., Amazon Web Services, Inc., Catchoom, Facebook, Inc., Google LLC, Huawei Technologies Co., Ltd., IBM Corporation, Microsoft Corporation, Oracle Corporation, and SAP SE among others.

TABLE OF CONTENTS

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 North America Artificial Intelligence in Fashion Market - By Offerings

1.3.2 North America Artificial Intelligence in Fashion Market - By Deployment

1.3.3 North America Artificial Intelligence in Fashion Market - By Application

1.3.4 North America Artificial Intelligence in Fashion Market - By End-User Industry

1.3.5 North America Artificial Intelligence in Fashion Market - By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Artificial Intelligence in Fashion Market Landscape

4.1 Market Overview

4.2 PEST Analysis - North America

4.3 Ecosystem Analysis

4.4 Expert Opinions

5. Artificial Intelligence in Fashion Market - Key Market Dynamics

5.1 Key Market Drivers

5.1.1 Availability of a huge amount of data originating from different data sources

5.1.2 Increase in adoption of artificial intelligence in fashion industry to enhance operational efficiency and improve customer experiences

5.2 Key Market Restraints

5.2.1 Concerns related to data privacy and security

5.3 Key Market Opportunities

5.3.1 Huge investments in developing NLP enabled solutions are anticipated to flourish the market growth

5.4 Future Trend

5.4.1 Use of AI for predicting fashion trends

5.5 Impact Analysis of Drivers and Restraints

6. Artificial Intelligence in Fashion Market - North America Market Analysis

6.1 Overview

6.2 North America Artificial Intelligence in Fashion Market Forecast and Analysis

7. North America Artificial Intelligence in Fashion Market - By Offerings

7.1 Overview

7.2 North America Artificial Intelligence in Fashion Market Breakdown, by Offerings, 2018 & 2027

7.3 Solutions

7.3.1 Overview

7.3.2 North America Solutions Market Revenue and Forecasts to 2027 (US$ Mn)

7.4 Services

7.4.1 Overview

7.4.2 North America Services Market Revenue and Forecasts to 2027 (US$ Mn)

8. North America Artificial Intelligence in Fashion Market - By Deployment

8.1 Overview

8.2 North America Artificial Intelligence in Fashion Market Breakdown, by Deployment, 2018 & 2027

8.3 On-premise

8.3.1 Overview

8.3.2 North America On-premise Market Revenue and Forecasts to 2027 (US$ Mn)

8.4 Cloud

8.4.1 Overview

8.4.2 North America Cloud Market Revenue and Forecasts to 2027 (US$ Mn)

9. North America Artificial intelligence in fashion Market - By Application

9.1 Overview

9.2 North America Artificial intelligence in fashion Market Breakdown, By Application, 2018 & 2027

9.3 Product Recommendation

9.3.1 Overview

9.3.2 North America Product Recommendation Market Revenue and Forecasts to 2027 (US$ Mn)

9.4 Virtual Assistant

9.4.1 Overview

9.4.2 North America Virtual Assistant Market Revenue and Forecasts to 2027 (US$ Mn)

9.5 Product Search and Discovery

9.5.1 Overview

9.5.2 North America Product Search and Discovery Market Revenue and Forecasts to 2027 (US$ Mn)

9.6 Creative Designing and Trend Forecasting

9.6.1 Overview

9.6.2 North America Creative Designing and Trend Forecasting Market Revenue and Forecasts to 2027 (US$ Mn)

9.7 Customer Relationship Management (CRM)

9.7.1 Overview

9.7.2 North America Customer Relationship Management Market Revenue and Forecasts to 2027 (US$ Mn)

9.8 Others

9.8.1 Overview

9.8.2 North America Others Market Revenue and Forecasts to 2027 (US$ Mn)

10. North America Artificial intelligence in fashion Market Analysis - By End User Industry

10.1 Overview

10.2 North America Artificial intelligence in fashion Market Breakdown, By End User Industry, 2018 & 2027

10.3 Apparel

10.3.1 Overview

10.3.2 North America Apparel Market Revenue and Forecasts to 2027 (US$ Mn)

10.4 Accessories

10.4.1 Overview

10.4.2 North America Accessories Market Revenue and Forecasts to 2027 (US$ Mn)

10.5 Cosmetics

10.5.1 Overview

10.5.2 North America Cosmetics Market Revenue and Forecasts to 2027 (US$ Mn)

10.6 Others

10.6.1 Overview

10.6.2 North America Others Market Revenue and Forecasts to 2027 (US$ Mn)

11. North America Artificial Intelligence in Fashion Market - Country Analysis

11.1 Overview

11.1.1 North America Artificial Intelligence in Fashion Market Breakdown, by Key Countries

11.1.1.1 US Artificial Intelligence in Fashion Market Revenue and Forecasts to 2027 (US$ Mn)

11.1.1.1.1 US Artificial Intelligence in Fashion Market Breakdown, by Offerings

11.1.1.1.2 US Artificial Intelligence in Fashion Market Breakdown, by Deployment

11.1.1.1.3 US Artificial Intelligence in Fashion Market Breakdown, by Application

11.1.1.1.4 US Artificial Intelligence in Fashion Market Breakdown, by End User Industry

11.1.1.2 Canada Artificial Intelligence in Fashion Market Revenue and Forecasts to 2027 (US$ Mn)

11.1.1.2.1 Canada Artificial Intelligence in Fashion Market Breakdown, by Offerings

11.1.1.2.2 Canada Artificial Intelligence in Fashion Market Breakdown, by Deployment

11.1.1.2.3 Canada Artificial Intelligence in Fashion Market Breakdown, by Application

11.1.1.2.4 Canada Artificial Intelligence in Fashion Market Breakdown, by End User Industry

11.1.1.3 Mexico Artificial Intelligence in Fashion Market Revenue and Forecasts to 2027 (US$ Mn)

11.1.1.3.1 Mexico Artificial Intelligence in Fashion Market Breakdown, by Offerings

11.1.1.3.2 Mexico Artificial Intelligence in Fashion Market Breakdown, by Deployment

11.1.1.3.3 Mexico Artificial Intelligence in Fashion Market Breakdown, by Application

11.1.1.3.4 Mexico Artificial Intelligence in Fashion Market Breakdown, by End User Industry

12. Artificial Intelligence in Fashion Market - Industry Landscape

12.1 Overview

12.2 Market Initiative

12.3 New Development

12.4 Top Five Company Ranking

13. Company Profiles

13.1 Adobe Inc.

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 Alphabet Inc. (Google)

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 Amazon.com, Inc.

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 Catchoom

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 Facebook Inc.

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 Huawei Technologies Co., Ltd.

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 IBM Corporation

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 Microsoft Corporation

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 Oracle Corporation

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

13.10 SAP SE

13.10.1 Key Facts

13.10.2 Business Description

13.10.3 Business Description

13.10.4 Financial Overview

13.10.5 SWOT Analysis

13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Glossary

LIST OF TABLES

Table 1. North America Artificial Intelligence in Fashion Market Revenue and Forecasts To 2027 (US$ Mn)

Table 2. North America Artificial Intelligence in Fashion Market Revenue and Forecasts to 2027 - By Offerings (US$ Mn)

Table 3. North America Artificial Intelligence in Fashion Market Revenue and Forecasts to 2027 - By Deployment (US$ Mn)

Table 4. North America Artificial Intelligence in Fashion Market Revenue and Forecasts to 2027 - By Application (US$ Mn)

Table 5. North America Artificial Intelligence in Fashion Market Revenue and Forecasts to 2027 - By End User Industry (US$ Mn)

Table 6. US Artificial Intelligence in Fashion Market Revenue and Forecasts to 2027 - By Offerings (US$ Mn)

Table 7. US Artificial Intelligence in Fashion Market Revenue and Forecasts to 2027 - By Deployment (US$ Mn)

Table 8. US Artificial Intelligence in Fashion Market Revenue and Forecasts to 2027 - By Application (US$ Mn)

Table 9. US Artificial Intelligence in Fashion Market Revenue and Forecasts to 2027 - By End User Industry (US$ Mn)

Table 10. Canada Artificial Intelligence in Fashion Market Revenue and Forecasts to 2027 - By Offerings (US$ Mn)

Table 11. Canada Artificial Intelligence in Fashion Market Revenue and Forecasts to 2027 - By Deployment (US$ Mn)

Table 12. Canada Artificial Intelligence in Fashion Market Revenue and Forecasts to 2027 - By Application (US$ Mn)

Table 13. Canada Artificial Intelligence in Fashion Market Revenue and Forecasts to 2027 - By End User Industry (US$ Mn)

Table 14. Mexico Artificial Intelligence in Fashion Market Revenue and Forecasts to 2027 - By Offerings (US$ Mn)

Table 15. Mexico Artificial Intelligence in Fashion Market Revenue and Forecasts to 2027 - By Deployment (US$ Mn)

Table 16. Mexico Artificial Intelligence in Fashion Market Revenue and Forecasts to 2027 - By Application (US$ Mn)

Table 17. Mexico Artificial Intelligence in Fashion Market Revenue and Forecasts to 2027 - By End User Industry (US$ Mn)

Table 18. Glossary of Terms, Artificial Intelligence in Fashion Market

 
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