The fashion industry is constantly evolving to incorporate new styles, designs, and trends every new year and season. With this evolution, companies constantly rely on technology to give themselves an edge over competitors. As such, the Fashion Tech industry also sees constant evolution and growth and is characterized by a blend of creativity and technological advancement, with startups and established brands collaborating to redefine how fashion is consumed and experienced globally.
A major reason for the growth of the Fashion Tech industry is the development of technologies such as AI, machine learning, and the automation of manufacturing processes. Companies offering manufacturers and retailers technology solutions are themselves constantly looking for competitive edges to stand out as these technologies become more accessible. This typically results in disruptors opting to develop platforms that serve specific niches in the fashion space.
As such, we have segmented the disruptors according to their niche areas of operations. There are five categories: 1) Custom clothing providers, 2) Virtual fit-on and body scanning solutions, 3) Digital styling and outfit recommendation platforms, 4) Customer analytics and business enhancement platforms, and 5) Textile manufacturing innovation platforms.
Note: Additional sections (such as market sizing, detailed overview, and incumbents) can be provided on request.
By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.