Published on : Jan 14, 2019
Albany, New York, January 14, 2019: Advances in AR and VR technologies in retail, coupled with transitioned consumer preferences for superlative shopping experience are likely to offer rife growth triggers in global virtual fitting room market. Diverse applications of virtual fitting room across myriad categories such as jewelry, makeup, and apparel are further expected to bolster growth in coming years.
Additionally, heightened exchange rates in online retail is also acknowledged as a primary growth enabler in global virtual fitting room market. These market highlights have been elaborated in Market Research Hub's (MRH) recent research report titled, 'Virtual Fitting Room Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026' included in its voluminous online repository.
Indian Apparel Brand Biba Partners with AstraFit for Revolutionary Virtual Fitting Room Services
Besides ease of use providers in virtual fitting rooms market are encouraged to escalate features with novel apps that enhance shoppers' experience. Retail giants are inclined towards expanding their global reach by massive regional expansion ventures catering larger number of consumers across unserved areas.
A prominent Indian retail chain Biba has upgraded online shopping with inclusion of a more personalized shopping experience with its innovative virtual fitting room (VFR) in collaboration with AstraFit. Biba is one of the leading online apparel brands that has lately launched its online virtual fitting room services to enhance shopping experience, thereby favoring its conversion rates. The development is revolutionary and is expected to disrupt virtual fitting room (VFR) market in India.
Physical Store End-User Segment Likely to Leverage Demand Traction
This elaborate research report on virtual fitting room market aims to offer readers with decisive market highlights about prevalent market spectrum. The report evaluates the market at both regional and global levels in terms of historical and current market performance to accurately derive forecast figures. The report commences with a detailed market overview featuring market definition and dynamics. Additionally, the report also entails a section on dynamic segmentation to equip market players with veritable information on competitive landscape, winning competitor strategies, and entry barriers. The report is systematically classified into chapters commencing with an executive summary. Several segments identified in virtual fitting room market have also been enumerated in the segmentation section, based on which component, and end-user have been identified as core segments. By component, virtual fitting room market is classified into hardware and software segments. By end-user, virtual fitting room market is splintered into e-commerce and physical store.
North America Likely to Harbor Maximum Revenue Shares through the Forecast Period
Further in the course of the report readers are also able to gauge regional markets based on which Europe, North America, Asia-Pacific, Middle East and Africa, and South America are identified as core regional fringes in virtual fitting room (VFR) market.
Competition Dashboard: Virtual Fitting Room (VFR) Market
The report in its concluding paragraphs includes a detailed section vendor landscape. A dashboard view of these key profiles allows readers to decipher pertinent information about company overview, their portfolio, recent developments, and winning strategies in terms of strategic coalitions, buy-outs, and portfolio differentiation. Some of the forerunners identified in virtual fitting room (VFR) market include, 3D-A-PORTER LTD., Coitor IT Tech, Dressformer, Fitnect Interactive, and Sizebay amongst others.
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