PUBLISHER: TechNavio | PRODUCT CODE: 1915605
PUBLISHER: TechNavio | PRODUCT CODE: 1915605
The global AI in luxury brands market is forecasted to grow by USD 1601.8 mn during 2024-2029, accelerating at a CAGR of 19.1% during the forecast period. The report on the global AI in luxury brands market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by enhanced personalization and customer experience, heightened operational efficiency, growing imperative for sustainability and ethical practices.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2029 |
| Series Year | 2025-2029 |
| Growth Momentum | Accelerate |
| YOY 2025 | 18.4% |
| CAGR | 19.1% |
| Incremental Value | $1601.8 mn |
Technavio's global AI in luxury brands market is segmented as below:
By Technology
By Application
By End-User
Geography
This study identifies the imperative of hyper-personalization and elevated customer experience as one of the prime reasons driving the global AI in luxury brands market growth during the next few years. Also, optimizing operations and fostering sustainability through supply chain advancements and fortifying brand integrity through advanced counterfeit detection will lead to sizable demand in the market.
The report on the global AI in luxury brands market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global AI in luxury brands market vendors that include Balenciaga SA, Burberry Group Plc, Cartier SA, Chanel Ltd., Christian Dior SE, Compagnie Financiere Richemont SA, Google LLC, Guccio Gucci SpA, IBM Corp., Kering SA, LVMH Moet Hennessy, Microsoft Corp., Moncler S.P.A., Oracle Corp., Perfect Corp., Revieve Inc., The Estee Lauder Companies, The LVMH group. Also, the global AI in luxury brands market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.