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According to the latest report by IMARC Group, the global virtual fitting room market exhibited strong growth during 2015-2020.A virtual fitting room (VFR), also known as a virtual dressing room, refers to an online equivalent of an in-store changing room. It enables shoppers to virtually try on different products, such as clothing, accessories and footwear. VFR solutions work by placing the chosen item over a customer's live video feed, allowing them to check its size, fit and style. <br>
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Global Virtual Fitting Room Market Research Report and Forecast 2021-2026 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved
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Report Description and Highlights Report Description Global Virtual Fitting Room Market Outlook 2026: IMARC Group's latest report, titled "Virtual Fitting Room Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026," finds that the global virtual fitting room market exhibited strong growth during 2015-2020. A virtual fitting room (VFR), also known as a virtual dressing room, refers to an online equivalent of an in-store changing room. It enables shoppers to virtually try on different products, such as clothing, accessories and footwear. VFR solutions work by placing the chosen item over a customer's live video feed, allowing them to check its size, fit and style. Thus, they offer a more personalized, immersive, flexible and hassle-free shopping experience than traditional brick-and-mortar outlets. Nowadays, virtual fitting rooms are gaining immense popularity among retailers and shoppers since VFR solutions assist individuals in making better purchase decisions. Request for a free sample: https://www.imarcgroup.com/virtual-fitting-room-market/requestsample
Report Description and Highlights Report Description Global Virtual Fitting Room Market Trends: The expanding e-commerce industry, along with the high internet penetration rate and growing usage of smartphones, represents the primary factor driving the global market. Since online retail channels offer more flexibility, convenience and options, consumers are rapidly shifting toward online shopping. This, in confluence with the emerging high fashion trend and increasing consumer expenditure capacities, is acting as another major growth-inducing factor. Additionally, the rising health and safety concerns amid the recent coronavirus disease (COVID-19) outbreak, along with the growing need to maintain social distancing norms, are augmenting the demand for VFR solutions. Besides this, the increasing need to deliver products that fit properly is encouraging online retailers to adopt VFR solutions to offer an improved shopping experience, reduce product return rates and build brand loyalty. Furthermore, the widespread adoption of augmented reality (AR) and virtual reality (VR) for immersive experiences and recent advancements in VFR technologies are positively influencing the market growth. Other factors, including the rising try-before-you-buy trend and heavy investments in personalized ads and promotional campaigns by retailers, are also creating a favorable market outlook.
Report Description and Highlights Report Description Market Summary: Breakup by Component: • Hardware • Software • Services Breakup by End Use: • Physical Store • Virtual Store Breakup by Application: • Apparel • Beauty and Cosmetic • Eyewear • Footwear
Report Description and Highlights Report Description Breakup by Region: • North America • Asia Pacific • Europe • Middle East and Africa • Latin America Looking forward, IMARC Group expects the market to grow at a CAGR of around 22% during 2021-2026.
Report Description and Highlights Report Description Competitive Landscape With Key players: • AstraFit • ELSE Corp Srl • Fit Analytics • FXGear Inc • Magic Mirror • MemoMi Labs Inc • Metail • SenseMi DMCC • True Fit Corporation • Visualook • Zugara Inc View Report TOC, Figures and Tables: https://www.imarcgroup.com/virtual-fitting-room-market
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