Finding the perfect gift for loved ones is a common frustration, especially during the holiday season.
Searching for the perfect gift can be time-consuming and stressful, especially when unsure of the recipient's preferences. A startup could create a personalized gift recommendation platform using AI algorithms to analyze individuals' interests, past purchases, and social media activities to suggest unique and thoughtful gift ideas. This would simplify the gift-buying process and save customers valuable time. The estimated market size for the global gift market is projected to reach $750 billion by 2027, with a compound annual growth rate of 5.8% (source: Research and Markets).