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Virtual Fitting Rooms - Global Strategic Business Report

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    Report

  • 302 Pages
  • November 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5303759
Description Jump to:
The global market for Virtual Fitting Rooms is estimated at US$4.7 Billion in 2023 and is projected to reach US$16.3 Billion by 2030, growing at a CAGR of 19.3% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Virtual Fitting Room Software segment, which is expected to reach US$9.3 Billion by 2030 with a CAGR of a 21.0%. The Virtual Fitting Room Hardware segment is also set to grow at 16.6% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $1.5 Billion in 2023, and China, forecasted to grow at an impressive 20.9% CAGR to reach $2.0 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Virtual Fitting Rooms Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Virtual Fitting Rooms Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Virtual Fitting Rooms Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Amazon.com, Inc., Dassault Systemes SE, Coitor IT Tech, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 54 Featured):

  • Amazon.com, Inc.
  • Dassault Systemes SE
  • Coitor IT Tech
  • ELSE Corp Srl
  • Fit Analytics Innovation GmbH
  • FXGear Inc.
  • Magic Mirror
  • Metail
  • Microsoft Corporation
  • MySize, Inc.
  • Reactive Reality GmbH
  • Sizebay
  • Styku, Inc.
  • triMirror
  • True Fit Corporation
  • Virtusize Co., Ltd.
  • Zugara, Inc.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Virtual Fitting Rooms Gains Traction as Retail Landscape Evolves to Enhance Shopping Experience
  • Classification of Virtual Fitting Rooms
  • Global Economic Update
  • Global Oil Prices Remain Nervous Amid Acute Geopolitical Uncertainty & Tensions that Heighten Threat of Market Shocks: Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2025
  • While Still Not in the Comfort Zone, the Expected Steeper Fall in Inflation in 2024 Can Cushion Economic Growth by Easing Financial Conditions: Global Headline Inflation Rates (In %) for the Years 2019 through 2025
  • Flat Growth for 2024 & A Possible Soft Landing, as the Global Economy Attempts to Balance Recovery While Navigating Through Wars, Political Conflicts & Inflation: World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2022 Through 2025
  • Virtual Fitting Rooms - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • Recent Market Activity
  • Influencer/Product/Technology Insights
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Bridging the Gap: Virtual Fitting Rooms Emerge as an Effective Strategy to Minimize E-Commerce Returns
  • Most Commonly Returned e-Commerce Purchases: 2023
  • Average Financial Cost Per Apparel Return
  • Virtual Fitting Rooms Come with Intriguing Proposition Regarding Sustainability
  • Eyewear Retailers Turn to Virtual Try-On (VTO) Technology to Offer More Interactive and Personalized Shopping Experiences
  • VFRs Redefine Consumer Interactions with Fashion and Apparel Brands as Retail Industry Navigates the Digital Transformation
  • Why Virtual Fitting Room is Haute Couture Trend for E-Commerce Fashion Brands
  • Growth of e-Commerce Augurs Well for Virtual Fitting Room Technologies
  • Global B2C E-Commerce Sales in US$ Trillion for the Years 2019 Through 2025
  • Virtual Try-On Technology Marks a New Era in Beauty Industry
  • More Fashion Brands Embrace Virtual Fitting Rooms
  • Virtual Fitting Rooms Enhance Customer Experience in Physical Stores
  • Virtual Try-On Technology Addresses the Inherent Challenge of Online Shoe Shopping
  • Advancements in AI and AR Technologies to Boost Growth
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Recent Past, Current & Future Analysis for Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 2: World Historic Review for Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2018 through 2022 and % CAGR
  • TABLE 3: World 12-Year Perspective for Software by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2018, 2024 & 2030
  • TABLE 4: World Recent Past, Current & Future Analysis for Hardware by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 5: World Historic Review for Hardware by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2018 through 2022 and % CAGR
  • TABLE 6: World 12-Year Perspective for Hardware by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2018, 2024 & 2030
  • TABLE 7: World Recent Past, Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 8: World Historic Review for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2018 through 2022 and % CAGR
  • TABLE 9: World 12-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2018, 2024 & 2030
  • TABLE 10: World Recent Past, Current & Future Analysis for Apparel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 11: World Historic Review for Apparel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2018 through 2022 and % CAGR
  • TABLE 12: World 12-Year Perspective for Apparel by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2018, 2024 & 2030
  • TABLE 13: World Recent Past, Current & Future Analysis for Eyewear by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 14: World Historic Review for Eyewear by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2018 through 2022 and % CAGR
  • TABLE 15: World 12-Year Perspective for Eyewear by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2018, 2024 & 2030
  • TABLE 16: World Recent Past, Current & Future Analysis for Beauty & Cosmetic Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 17: World Historic Review for Beauty & Cosmetic Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2018 through 2022 and % CAGR
  • TABLE 18: World 12-Year Perspective for Beauty & Cosmetic Products by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2018, 2024 & 2030
  • TABLE 19: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 20: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2018 through 2022 and % CAGR
  • TABLE 21: World 12-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2018, 2024 & 2030
  • TABLE 22: World Recent Past, Current & Future Analysis for Virtual Stores by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 23: World Historic Review for Virtual Stores by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2018 through 2022 and % CAGR
  • TABLE 24: World 12-Year Perspective for Virtual Stores by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2018, 2024 & 2030
  • TABLE 25: World Recent Past, Current & Future Analysis for Physical Stores by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 26: World Historic Review for Physical Stores by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2018 through 2022 and % CAGR
  • TABLE 27: World 12-Year Perspective for Physical Stores by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2018, 2024 & 2030
  • TABLE 28: World Virtual Fitting Rooms Market Analysis of Annual Sales in US$ Thousand for Years 2018 through 2030
  • TABLE 29: World Recent Past, Current & Future Analysis for Virtual Fitting Rooms by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 30: World Historic Review for Virtual Fitting Rooms by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2018 through 2022 and % CAGR
  • TABLE 31: World 12-Year Perspective for Virtual Fitting Rooms by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2018, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Virtual Fitting Rooms Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADA
JAPAN
  • Virtual Fitting Rooms Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
EUROPE
  • Virtual Fitting Rooms Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCEGERMANYITALYUNITED KINGDOMREST OF EUROPE
ASIA-PACIFIC
  • Virtual Fitting Rooms Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
REST OF WORLDIV. COMPETITION

Companies Mentioned

  • Amazon.com, Inc.
  • Dassault Systemes SE
  • Coitor IT Tech
  • ELSE Corp Srl
  • Fit Analytics Innovation GmbH
  • FXGear Inc.
  • Magic Mirror
  • Metail
  • Microsoft Corporation
  • MySize, Inc.
  • Reactive Reality GmbH
  • Sizebay
  • Styku, Inc.
  • triMirror
  • True Fit Corporation
  • Virtusize Co., Ltd.
  • Zugara, Inc.

Table Information

Report AttributeDetails
No. of Pages302
PublishedNovember 2024
Forecast Period2023 - 2030
Estimated Market Value ( USD ) in 2023 $ 4.7 Billion
Forecasted Market Value ( USD ) by 2030 $ 16.3 Billion
Compound Annual Growth Rate19.3%
Regions CoveredGlobal
No. of Companies Mentioned17

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