AI-driven Transformation in Retail and Apparel: A Closer Look at Generative AI

DUBLIN, Aug. 11, 2023 /PRNewswire/ -- The "Impact of Generative Artificial Intelligence (AI) in Retail and Apparel" report has been added to  ResearchAndMarkets.com's offering.

This report delves into the transformative potential of generative AI in the retail and apparel sectors, outlining its use cases, threats, and opportunities.

Unleashing the Power of Generative AI in Retail and Apparel:

Generative AI is set to revolutionize the retail and apparel industries through applications like personalization, customer service enhancement, design, and fraud detection. This report delves into the potential short, mid, and long-term impacts of generative AI on the retail and apparel sectors.

Key Highlights of the Report: 

• Generative AI will reshape stock management and product design through enhanced agility
• Younger consumers are more likely to engage with chatbots for online shopping inquiries
• The potential of AI to fuel the next industrial revolution has been a dream of humanity for centuries

Scope of the Report:

The report examines the potential impact of generative AI on the retail and apparel sectors, offering insights into its various applications and implications. It provides valuable information for businesses and individuals looking to leverage generative AI in the retail and apparel industries. By understanding the risks, limitations, and use cases, companies can make informed decisions about adopting this technology.

The report covers a range of key topics, including an executive summary, overview of generative AI, use cases in the retail sector, risks and limitations, and consumer data.

Companies Mentioned:

The report highlights various companies operating in the retail and apparel sectors, including:

• Amazon
• Bard AI
• Best Buy
• Carrefour
• Facebook
• Google
• Google Brain
• H&M
• IKEA
• Instacart
• Instagram
• Kering
• Klarna
• Marks & Spencer
• Meta AI
• Midjourney
• Netflix
• Next
• Nightcafe
• OpenAI
• Sephora
• Sflana Group
• Shopify
• Spotify
• Target
• Twitter
• Zalando

For more information about this report visit https://www.researchandmarkets.com/r/ti11u

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SOURCE Research and Markets