The virtual Fitting Room market was valued at USD 2.08 billion in 2019 and is expected to reach USD 8.59 billion by the year 2026, at a CAGR of 22.68%. Market Insights The virtual fitting room offers customers the benefit of virtually trying products on themselves without touching them. Many physical and online store retailers are implementing the technology to reduce product returns and exchanges owing to the size and fitting issues. For instance, as per eShoppers, it witnessed 70% apparels return owing to size issues. It is also a good opportunity for sellers to offer a personalized, immersive, and inclusive shopping experience. The application of virtual and augmented reality and artificial intelligence is further expected to drive market opportunities. For instance, Perfect Corp. introduced its AR-based virtual try-on platform for its online eyewear portfolio.
Virtual Fitting Room Market - Size, Competitive Landscape and Segmentation Analysis: Virtual Fitting Room Market Reports provide a high-level overview of market segments by product type, applications, leading key players, and regions, as well as market statistics. The research insights focus on the impact of the Covid-19 epidemic on performance and offers a thorough examination of the current market and market dynamics. This crucial understanding of the report's objective can help you make better strategic decisions about investment markets by assessing elements that may affect current and future market circumstances. The leading key players in the Global and Regional market are summarized in a research to understand their future strategies for growth in the market. The key players covered in the Virtual Fitting Room market report is: Perfitly ,triMirro ,Zugara Inc.,3D-A-Porter,Magic Mirror, Visualook ,Fit Analytics,,AstraFit ,ELSE Corp, ,Secret Sauce Partner,,SIzebay ,Virtooal ,Fision AG, True Fit Corporation. Segmentation of Virtual Fitting Room market: In market segmentation by Components Type, Virtual Fitting Room Market report covers: Hardware (prefabricated and Customized),Software, Services, In market segmentation by Use Cases, Virtual Fitting Room Market report covers: Apparel, Jewelry ,Eye Wear ,Watches, Beauty & Cosmetics Market Segment by Regions and Countries Level Analysis: · North America (U.S., Canada, Mexico) · Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe) · Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC) · Middle East & Africa (GCC Countries, South Africa, Rest of MEA) · South America (Brazil, Argentina, Rest of South America) Covid-19 Impact and Recovery Analysis on Industry: We've kept track of Covid-19's direct impact on this market as well as its indirect impact on other industries. During the analysis period, the impact of the Covid-19 pandemic on the market is predicted to be significant. From a worldwide and regional viewpoint, this report examines the influence of the pandemic on the Virtual Fitting Room industry. The study categories the Virtual Fitting Room industry by type, application, and consumer sector to determine market size, market features, and market growth. It also includes a thorough examination of the factors that influenced market development before and after the Covid-19 pandemic. In addition, the research did a pest analysis in the sector to investigate major influencers and entrance obstacles. Virtual Fitting Room Market Report contains market data from 2022 to 2028, which provides an overview of the market covering key drivers and risk factors. The report is segmented by top global manufacturers that mention sales, revenue and applicable prices. It also evaluates the competitive scenarios of key players. The report is expanded to include regional market data along with types and applications. This report forecasts sales and revenue from 2022to 2028. Detailed sales channels are also covered in the study.