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LAMEA Digital Clothing Market Size, Share & Industry Trends Analysis Report by Transaction, Technology, Application, Country and Growth Forecast, 2022-2028

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    Report

  • 87 Pages
  • March 2023
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5778986
The Latin America, Middle East and Africa Digital Clothing Market should witness market growth of 32.5% CAGR during the forecast period (2022-2028).

Virtual reality influencer marketing functions similarly to traditional influencer marketing but with one key distinction: influencers receive virtual goods like apparel or accessories instead of free products or cash in exchange for endorsing a company. It is significantly simpler for businesses and influencers to work together on projects, as no materials or shipping charges are needed. Giving virtual dresses as gifts rather than actual ones has many advantages for all parties involved, including the fact that since everything is done digitally, there are no shipping or material costs.

When there is no international shipping of clothing, there is no waste for consumers. In addition, influencers will receive greater compensation from brands due to not having to spend as much time shooting themselves in clothing they only wear sometimes. There are several applications for digital clothing. Some of these applications include already-existing digital clothing trends. For example, interactive 3D games & apps are made by game creators using digital fashion. The gaming industry partners with designers and celebrities to create exclusive virtual ensembles.

The Saudi government has embraced technological advancements. This gradual transition has contributed to expanding the country's esports business, which has seen remarkable growth in recent years. The Saudi Arabian digital content council has established an initiative called 'Ignite.'The Ignite curriculum will focus mostly on digital advertising, music, video, and gaming. The initiative has also supported developer and multiple entrepreneur funding. The expanding gaming industry will increase the use of digital clothing for characters in the gaming environment to make their games more appealing to players, consequently driving the expansion of the digital clothing market in LAMEA.

The Brazil market dominated the LAMEA Digital Clothing Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $45.6 million by 2028. The Argentina market is experiencing a CAGR of 33.2% during (2022-2028). Additionally, The UAE market would display a CAGR of 32.2% during (2022-2028).

Based on Transaction, the market is segmented into On chain and Off chain. Based on Technology, the market is segmented into Blockchain, 3D Software, Artificial Intelligence, and Others. Based on Application, the market is segmented into Digital Content Creation, Fashion Design & Technology, Gaming, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Adidas AG, Guccio Gucci S.p. A. (Kering Group), Nike, Inc., LVMH SE, H&M Group, The Fabricant Agency B.V., Auroboros Ltd., More Dash, Inc. (DressX), Dolce & Gabbana S.r.l., and Replicant, Inc.

Scope of the Study

By Transaction

  • On chain
  • Off chain

By Technology

  • Blockchain
  • 3D Software
  • Artificial Intelligence
  • Others

By Application

  • Digital Content Creation
  • Fashion Design & Technology
  • Gaming
  • Others

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • Adidas AG
  • Guccio Gucci S.p. A. (Kering Group)
  • Nike, Inc.
  • LVMH SE
  • H&M Group
  • The Fabricant Agency B.V.
  • Auroboros Ltd.
  • More Dash, Inc. (DressX)
  • Dolce & Gabbana S.r.l.
  • Replicant, Inc.

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 LAMEA Digital Clothing Market, by Transaction
1.4.2 LAMEA Digital Clothing Market, by Technology
1.4.3 LAMEA Digital Clothing Market, by Application
1.4.4 LAMEA Digital Clothing Market, by Country
1.5 Research Methodology
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 The Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2021, Apr - 2023, Mar) Leading Players
Chapter 4. LAMEA Digital Clothing Market by Transaction
4.1 LAMEA On chain Market by Country
4.2 LAMEA Off chain Market by Country
Chapter 5. LAMEA Digital Clothing Market by Technology
5.1 LAMEA Blockchain Market by Country
5.2 LAMEA 3D Software Market by Country
5.3 LAMEA Artificial Intelligence Market by Country
5.4 LAMEA Others Market by Country
Chapter 6. LAMEA Digital Clothing Market by Application
6.1 LAMEA Digital Content Creation Market by Country
6.2 LAMEA Fashion Design & Technology Market by Country
6.3 LAMEA Gaming Market by Country
6.4 LAMEA Others Market by Country
Chapter 7. LAMEA Digital Clothing Market by Country
7.1 Brazil Digital Clothing Market
7.1.1 Brazil Digital Clothing Market by Transaction
7.1.2 Brazil Digital Clothing Market by Technology
7.1.3 Brazil Digital Clothing Market by Application
7.2 Argentina Digital Clothing Market
7.2.1 Argentina Digital Clothing Market by Transaction
7.2.2 Argentina Digital Clothing Market by Technology
7.2.3 Argentina Digital Clothing Market by Application
7.3 UAE Digital Clothing Market
7.3.1 UAE Digital Clothing Market by Transaction
7.3.2 UAE Digital Clothing Market by Technology
7.3.3 UAE Digital Clothing Market by Application
7.4 Saudi Arabia Digital Clothing Market
7.4.1 Saudi Arabia Digital Clothing Market by Transaction
7.4.2 Saudi Arabia Digital Clothing Market by Technology
7.4.3 Saudi Arabia Digital Clothing Market by Application
7.5 South Africa Digital Clothing Market
7.5.1 South Africa Digital Clothing Market by Transaction
7.5.2 South Africa Digital Clothing Market by Technology
7.5.3 South Africa Digital Clothing Market by Application
7.6 Nigeria Digital Clothing Market
7.6.1 Nigeria Digital Clothing Market by Transaction
7.6.2 Nigeria Digital Clothing Market by Technology
7.6.3 Nigeria Digital Clothing Market by Application
7.7 Rest of LAMEA Digital Clothing Market
7.7.1 Rest of LAMEA Digital Clothing Market by Transaction
7.7.2 Rest of LAMEA Digital Clothing Market by Technology
7.7.3 Rest of LAMEA Digital Clothing Market by Application
Chapter 8. Company Profiles
8.1 Adidas AG
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent Strategies and Developments
8.1.5.1 Partnerships, Collaborations, and Agreements
8.1.5.2 Product Launches and Product Expansions
8.2 Guccio Gucci S.p.A. (Kering Group)
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Recent Strategies and Developments
8.2.4.1 Partnerships, Collaborations, and Agreements
8.3 Nike, Inc.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental Analysis
8.3.4 Recent Strategies and Developments
8.3.4.1 Product Launches and Product Expansions
8.3.4.2 Acquisition and Mergers
8.4 LVMH SE
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Recent Strategies and Developments
8.4.4.1 Partnerships, Collaborations, and Agreements
8.4.4.2 Acquisition and Mergers
8.5 H&M Group
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional Analysis
8.5.4 Recent Strategies and Developments
8.5.4.1 Product Launches and Product Expansions
8.6 The Fabricant Agency B.V.
8.6.1 Company Overview
8.6.2 Recent Strategies and Developments
8.6.2.1 Partnerships, Collaborations, and Agreements
8.6.2.2 Product Launches and Product Expansions
8.7 Auroboros Ltd.
8.7.1 Company Overview
8.7.2 Recent Strategies and Developments
8.7.2.1 Product Launches and Product Expansions
8.8 More Dash, Inc. (DressX)
8.8.1 Company Overview
8.8.2 Recent Strategies and Developments
8.8.2.1 Partnerships, Collaborations, and Agreements
8.9 Dolce & Gabbana S.r.l.
8.9.1 Company Overview
8.9.2 Recent Strategies and Developments
8.9.2.1 Partnerships, Collaborations, and Agreements
8.10. Replicant, Inc.
8.10.1 Company Overview
8.10.2 Recent Strategies and Developments
8.10.2.1 Partnerships, Collaborations, and Agreements

Companies Mentioned

  • Adidas AG
  • Guccio Gucci S.p.A. (Kering Group)
  • Nike, Inc.
  • LVMH SE
  • H&M Group
  • The Fabricant Agency B.V.
  • Auroboros Ltd.
  • More Dash, Inc. (DressX)
  • Dolce & Gabbana S.r.l.
  • Replicant, Inc.

Methodology

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