Mon, 17 Jan 2022


The new report by Expert Market Research titled, 'Global Virtual Fitting Room Market Report and Forecast 2021-2026', gives an in-depth analysis of the global virtual fitting room market, assessing the market based on its segments like component, application, end-use, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter's Five Forces models.

Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/virtual-fitting-room-market/requestsample

The key highlights of the report include:

Market Overview (2016-2026)

  • Historical Market Size (2020): USD 3.8 billion
  • Forecast CAGR (2021-2026): 18%
  • Forecast Market Size (2026): USD 10.5 billion

In the retail sector, a rapidly shifting business landscape, a dramatic change towards advanced shopping and the increasingly changing perceptions of increasingly educated consumers are contributing to a new perception. In order to dramatically boost the online and in-store shopping experience and save their consumers' shopping time, fashion stores are adopting virtual dressing rooms. A major factor expected to drive revenue growth in the global market of virtual fitting room market is increasing the adoption of improved technology to deliver better shopping experiences to customers. This virtual fitting room technology is being introduced to decrease this exchange and return rate and to increase the online shopping experience by numerous online retailers.

Industry Definition and Major Segments

An innovative technology that allows customers to try different clothes in a virtual pattern is a virtual fitting room. Instead, a virtual body is used to test clothes and verify and make choices when shopping while using this technology, and individuals do not need to wear clothes to check. The simulated fitting room helps consumers to choose the color, height, suit, design, and other choices that are important to the purchased product.

Explore full report with table of contents: https://www.expertmarketresearch.com/reports/virtual-fitting-room-market

By component, the market is divided into:

  • Hardware
  • Prefabricated
  • Customised
  • Others
  • Software
  • Software Tools
  • Platforms
  • Others
  • Services
  • Consulting
  • Integration Services
  • Support and Maintenance

On the basis of application, the market is segmented into:

  • Apparel
  • Eyewear
  • Jewelry and Watches
  • Beauty and Cosmetics
  • Others

Based on end-use the market is bifurcated into:

  • Physical Store
  • Virtual Store

The regional markets for the product include:

  • North America
  • Europe
  • The Asia Pacific
  • Latin America
  • The Middle East and Africa

Market Trends

Several clothing companies are embracing virtual fitting room solutions. To engage customers with their products, the 3D virtual fitting approach is enriched by multisensory simulations. The demand for virtual fitting rooms in 3D is powered by virtual reality (VR) and augmented reality (AR) deployments. Growing use of smartphones and increasing trend of online shopping due to shortage of time and attractive deals are also factors that are projected to drive growth in the global market for virtual fitting rooms. Another major factor expected to fuel growth of the global virtual fitting industry is increasing investment in the adoption of advanced technological devices in the clothing retail industry to improve customer experience.

Key Market Players

The major players in the market are ELSE Corp Srl, Autumn Rock Limited, Magic Mirror, Fit Analytics GmbH, True Fit Corporation, and FXGear Inc., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients' needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client's unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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