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North America Virtual Fitting Room Market Size, Share & Industry Trends Analysis Report By End-use, By Component (Software (Cloud and On-premise), Hardware and Services), By Application, By Country and Growth Forecast, 2023 - 2030

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    Report

  • 74 Pages
  • June 2023
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5852282
The North America Virtual Fitting Room Market should witness market growth of 23.1% CAGR during the forecast period (2023-2030).

Virtual Reality (VR) and Augmented Reality (AR) technologies, which provide increased realism and immersion, are predicted to accelerate market development in virtual fitting room solutions dramatically. Additionally, many businesses are quickly investigating how to include VR shopping experiences in their actual stores and online platforms since it improves the user's buying experience, which is anticipated to fuel the market development during the projected period.

The fashion retail sector was hesitant to adopt virtual fitting rooms, which at first looked as 2D overlays imitating in-store changing rooms. Due to the introduction of 3D technologies that precisely identify user sizes using mannequins, the industry has lately seen increased demand. To improve client confidence and lower return/exchange rates brought on by size and fitting concerns, virtual 3D fitting rooms act as collaborative platforms between consumers and fashion businesses. Over the projected period, the need for virtual fitting room technology is expected to increase due to the rising popularity of smart technologies like high-definition lenses, smart mirrors, and powerful smartphone cameras.

In North America, the use of virtual changing rooms has substantially increased. The main drivers of the market's expansion are the strong uptake of cutting-edge technologies, such as AR and VR, and the region's exceptionally high reliance on internet-based services. Customers in the area spend much more time shopping online since they want to spend less time in retail locations. According to the International Trade Association, Canadians have embraced internet shopping in the face of a significant disruption in retail channels. Over 27 million Canadians used eCommerce in 2022, making up over 75% of the country's population. In 2025, this percentage is projected to increase to 77.6%.

The US market dominated the North America Virtual Fitting Room Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $4,000.5 million by 2030. The Canada market is poised to grow at a CAGR of 25.8% during (2023-2030). Additionally, The Mexico market should witness a CAGR of 24.7% during (2023-2030).

Based on End-use, the market is segmented into Virtual Store and Physical Store. Based on Component, the market is segmented into Software (Cloud and On-premise), Hardware and Services. Based on Application, the market is segmented into Apparel, Eyewear, Footwear, Beauty & Cosmetic and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Zugara Inc., Sizebay (Bossanova Investimentos), Magic Mirror, Zalando SE (Fision AG), MemoMi Labs Inc. (Walmart Inc.), SenseMI Smart Solutions (Viubox), Else Corp Srl, FXGear Inc., Metail Limited (TAL Apparel), and Snap, Inc. (Fit Analytics).

Scope of the Study

By End-use

  • Virtual Store
  • Physical Store

By Component

  • Software
    • Cloud
    • On-premise
  • Hardware
  • Services

By Application

  • Apparel
  • Eyewear
  • Footwear
  • Beauty & Cosmetic
  • Others

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Key Market Players

List of Companies Profiled in the Report:

  • Zugara Inc.
  • Sizebay (Bossanova Investimentos)
  • Magic Mirror
  • Zalando SE (Fision AG)
  • MemoMi Labs Inc. (Walmart Inc.)
  • SenseMI Smart Solutions (Viubox)
  • Else Corp Srl
  • FXGear Inc.
  • Metail Limited (TAL Apparel)
  • Snap, Inc. (Fit Analytics)

Unique Offerings

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Virtual Fitting Room Market, by End-use
1.4.2 North America Virtual Fitting Room Market, by Component
1.4.3 North America Virtual Fitting Room Market, by Application
1.4.4 North America Virtual Fitting Room Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Virtual Fitting Room Market by End-use
3.1 North America Virtual Store Market by Country
3.2 North America Physical Store Market by Country
Chapter 4. North America Virtual Fitting Room Market by Component
4.1 North America Software Market by Country
4.2 North America Virtual Fitting Room Market by Software Type
4.2.1 North America Cloud Market by Country
4.2.2 North America On-premise Market by Country
4.3 North America Hardware Market by Country
4.4 North America Services Market by Country
Chapter 5. North America Virtual Fitting Room Market by Application
5.1 North America Apparel Market by Country
5.2 North America Eyewear Market by Country
5.3 North America Footwear Market by Country
5.4 North America Beauty & Cosmetic Market by Country
5.5 North America Others Market by Country
Chapter 6. North America Virtual Fitting Room Market by Country
6.1 US Virtual Fitting Room Market
6.1.1 US Virtual Fitting Room Market by End-use
6.1.2 US Virtual Fitting Room Market by Component
6.1.2.1 US Virtual Fitting Room Market by Software Type
6.1.3 US Virtual Fitting Room Market by Application
6.2 Canada Virtual Fitting Room Market
6.2.1 Canada Virtual Fitting Room Market by End-use
6.2.2 Canada Virtual Fitting Room Market by Component
6.2.2.1 Canada Virtual Fitting Room Market by Software Type
6.2.3 Canada Virtual Fitting Room Market by Application
6.3 Mexico Virtual Fitting Room Market
6.3.1 Mexico Virtual Fitting Room Market by End-use
6.3.2 Mexico Virtual Fitting Room Market by Component
6.3.2.1 Mexico Virtual Fitting Room Market by Software Type
6.3.3 Mexico Virtual Fitting Room Market by Application
6.4 Rest of North America Virtual Fitting Room Market
6.4.1 Rest of North America Virtual Fitting Room Market by End-use
6.4.2 Rest of North America Virtual Fitting Room Market by Component
6.4.2.1 Rest of North America Virtual Fitting Room Market by Software Type
6.4.3 Rest of North America Virtual Fitting Room Market by Application
Chapter 7. Company Profiles
7.1 Zugara Inc.
7.1.1 Company Overview
7.2 Sizebay (Bossanova Investimentos)
7.2.1 Company Overview
7.3 Magic Mirror
7.3.1 Company Overview
7.4 Zalando SE (Fision AG)
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.5 MemoMi Labs Inc. (Walmart Inc.)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.1 Segmental and Regional Analysis
7.6 SenseMI Smart Solutions (Viubox)
7.6.1 Company Overview
7.7 Else Corp Srl
7.7.1 Company Overview
7.8 FXGear Inc.
7.8.1 Company Overview
7.9 Metail Limited (TAL Apparel)
7.9.1 Company Overview
7.10. Snap, Inc. (Fit Analytics)
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Regional Analysis
7.10.4 Research & Development Expenses

Companies Mentioned

  • Zugara Inc.
  • Sizebay (Bossanova Investimentos)
  • Magic Mirror
  • Zalando SE (Fision AG)
  • MemoMi Labs Inc. (Walmart Inc.)
  • SenseMI Smart Solutions (Viubox)
  • Else Corp Srl
  • FXGear Inc.
  • Metail Limited (TAL Apparel)
  • Snap, Inc. (Fit Analytics)

Methodology

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