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InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the “Global AI-based Personalized Stylist Market (Types (Chatbots, Personal Shoppers And Visual Shoppers), Category (Apparel, Accessories, Footwear, Beauty & Cosmetics, Jewellery And Others))- Trends, Industry Competition Analysis, Revenue and Forecast To 2030.”
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According to the latest research by InsightAce Analytic, the Global AI-based Personalized Stylist Market is expected to reach US$ 804.06 million by 2030, with a CAGR of 35.7% during the forecast period of 2022-2030.
With the advancement of artificial intelligence, smart technology, and machine learning, many businesses are adopting product personalization.Stylists powered by AI that analyse information from uploaded photographs find trends in photos and offer comparable things from product catalogues that match a customer’s interests to make tailored suggestions for consumers even more relevant. Artificial Intelligence technologies and machine learning algorithms revolutionise how customers engage with e-commerce fashion retail while simultaneously boosting the number of loyal customers and revenue.An excellent example of A.I. is smart mirrors, which can be found in various retail stores worldwide, allowing customers to try on clothing, makeup, and accessories virtually. Users can also explore new beauty, and fashion finds via mobile apps that use smart beauty systems. With customers expecting increasingly personalized and fast service, A.I. looks set to be a part of meeting these expectations.
The demand from customers for a more personalized experience and more automation in business processes is the primary factor for the expansion of the industry. The factors driving the market for the next forecasting period are technological advancements, research on A.I. use and productivity, increased funding and investments, and quick strategic collaborations between fashion companies and A.I. developers will drive the AI-based personalized stylist market. Investments from tech titans are also expected to fuel the growth of AI-based solutions across the Region.
During the projected period, the market in North America is expected to be the largest Region. The market is rapidly expanding due to various factors, including increased social media adoption, the expansion of local businesses, and government efforts aimed at A.I. advancements.
Some vital market players are Bestlook, ClothStudio, Dressipi, Dresslife, Epytom, Intelistyle, Lily, Mallzee, ModeWalk, Mona, Shop It To, ShopLook, Stitch Fix, Stryde Men, Stylebook, Stylitics Inc., Syfto, The Yes, VueStyle, Wardrobe Essentialist, Xpresso, Style.me, Stitch Fix, Pixyle.ai, StyleScan, glood.ai, YesPlz, Inc.
For More Information @ https://www.insightaceanalytic.com/report/global-ai-based-personalized-stylist-market/1247
Key Developments in the market
Global AI-Based Personalized stylist market , by Type, 2022-2030 (Value US$ Mn)
Global AI-Based Personalized stylist market , by Catagory, 2022-2030 (Value US$ Mn)
Global AI-Based Personalized stylist market , by Region, 2022-2030 (Value US$ Mn)
North America AI-Based Personalized stylist market , by Country, 2022-2030 (Value US$ Mn)
Europe AI-Based Personalized stylist market , by Country, 2022-2030 (Value US$ Mn)
Asia Pacific AI Based Personalized stylist market , by Country, 2022-2030 (Value US$ Mn)
Latin America AI-Based Personalized stylist market , by Country, 2022-2030 (Value US$ Mn)
Middle East & Africa AI Based Personalized stylist market , by Country, 2022-2030 (Value US$ Mn)
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