Increasing Demand Among the Enterprises to Provide Personalized Shopping Experience is Driving the Growth of Virtual Fitting Room Market
Globally, the virtual fitting room market is expected to grow with a CAGR of 20.5% during the forecast period from 2019 to 2027. The market is driven by the increasing focus of retailers on providing personalized shopping experience to the customers. As the competition among the online and offline retailer are increasing and business models are changing, the companies started to focus more on enhancing customer experience. To address these challenges, retailers are shifting towards more advance and digital technologies to provide personalized shopping experience to the customers Retailers are adopting rich 3D graphic content to engage customer in a more efficient manner and provide immersive shopping experience.
The growing trend of online shopping across the globe is also acting as a major factor driving the growth of the market. Moreover, the increasing collaboration activities among the technology solution providers and retailers are also encouraging the market growth. However, complexities in providing real time experience to the customers are acting as a major restraint in the growth of the market. Additionally, the need to develop more user friendly platform for customers has also emerged as one of the most significant challenges in the market.
Eyewear is Estimated to Grow Significantly During the Forecast Period
The virtual fitting room market is characterized based on the application into the apparels, accessories, eye wear, jewelries and watch, cosmetics, and others. Apparels market accounted for more than 30% share of the overall revenue generated in 2018. The growth of the market is driven by the large scale shopping of apparels on online stores. On the other hand, eye wear is estimated to grow significantly during the forecast period due to increasing integration of virtual fitting room across the domain.
North America is Leading the Virtual fitting room Market
North America held more than 42% share in the virtual fitting room market in 2018. The growth of the market is driven by the increasing e-commerce market in the region. U.S. is one of the largest e-commerce markets across the globe with high number of online shoppers. Furthermore, high number of smartphone users and internet users in the region also foster the growth of the market. Additionally, increasing venture capital investment in the tech startups in the region is also backing the growth of the market.
The key players in the virtual fitting room market are 3D-A-PORTER, AstraFit, Coitor IT Tech, ELSE Corp, Fision Technologies, Fit Analytics, FXGear, Magic Mirror, MemoMi, Metail, SenseMi, Sizebay, Total Immersion, triMirror, True Fit, Visualook, and Zugara.
Historical & Forecast Period
This research report presents the analysis of each segment from 2017 to 2027 considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment calculated for the forecast period from 2019 to 2027.
The virtual fitting room market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of global virtual fitting room market based on component, end-use, application and geography. Key segments covered in the report are as follows:
ATTRIBUTE | DETAILS |
---|---|
Research Period | 2017-2027 |
Base Year | 2018 |
Forecast Period | 2019-2027 |
Historical Year | 2017 |
Unit | USD Billion |
Segmentation |
Component Segment (2017–2027; US$ Bn) |
Application Segment (2017–2027; US$ Bn) |
|
End-Use Segment (2017–2027; US$ Bn) |
|
Geography Segment (2017–2027; US$ Bn) |
Chapter 1 Preface
1.1 Report Scope and Description
1.1.1 Study Purpose
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Approach Adopted
1.3.4 Top-Down Approach
1.3.5 Bottom-Up Approach
1.3.6 Phase III – Expert Panel Review
1.3.7 Assumptions
1.4 Market Segmentation
Chapter 2 Executive Summary
2.1 Market Snapshot: Global VFR Market
2.1.1 Global VFR Market, by Component, 2018 (US$ Mn)
2.1.2 Global VFR Market, by End-use, 2018 (US$ Mn)
2.1.3 Global VFR Market, by Application, 2018 (US$ Mn)
2.1.4 Global VFR Market, by Geography, 2018 (US$ Mn)
Chapter 3 Market Dynamics
3.1 Introduction
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.2 Market Restraint
3.3 Attractive Investment Proposition, by Geography, 2018
3.4 Market Positioning of Key VFR Vendors, 2018
Chapter 4 Global Virtual Fitting Room (VFR) Market, By Component
4.1 Overview
4.1.1 Global VFR Market Value Share, by Component, 2018 & 2027 (Value, %)
4.2 Hardware
4.2.1 Global VFR Market Value from Hardware, 2017 – 2027(US$ Mn)
4.2.2 Prefabricated
4.2.2.1 Global VFR Market Value from Prefabricated, 2017 – 2027(US$ Mn)
4.2.3 Customized
4.2.3.1 Global VFR Market Value from Customized, 2017 – 2027(US$ Mn)
4.3 Software
4.3.1 Global VFR Market Value from Software, 2017 – 2027(US$ Mn)
4.4 Service
4.4.1 Global VFR Market Value from Service, 2017 – 2027(US$ Mn)
Chapter 5 Global Virtual Fitting Room (VFR) Market, by End-use
5.1 Overview
5.1.1 Global VFR Market Value Share, by End-use, 2018 & 2027 (Value, %)
5.2 Online
5.2.1 Global VFR Market Value from Online, 2017 – 2027(US$ Mn)
5.3 Offline
5.3.1 Global VFR Market Value from Offline, 2017 – 2027(US$ Mn)
Chapter 6 Global Virtual Fitting Room (VFR) Market, by Application
6.1 Overview
6.1.1 Global VFR Market Value Share, by Application, 2018 & 2027 (Value, %)
6.2 Apparel
6.2.1 Global VFR Market Value from Apparel, 2017 – 2027(US$ Mn)
6.3 Beauty & Cosmetics
6.3.1 Global VFR Market Value from Beauty & Cosmetics, 2017 – 2027(US$ Mn)
6.4 Eye Wear
6.4.1 Global VFR Market Value from Eye Wear, 2017 – 2027(US$ Mn)
6.5 Jewelry & Watches
6.5.1 Global VFR Market Value from Jewelry & Watches, 2017 – 2027(US$ Mn)
6.6 Others
6.6.1 Global VFR Market Value from Others, 2017 – 2027(US$ Mn)
Chapter 7 North America Virtual Fitting Room (VFR) Market Analysis, 2017 – 2027 (US$ Mn)
7.1 Overview
7.2 North America VFR Market Analysis, by Component, 2017 – 2027 (US$ Mn)
7.2.1 Market Analysis
7.3 North America VFR Market Analysis, by End-use, 2017 – 2027 (US$ Mn)
7.3.1 Market Analysis
7.4 North America VFR Market Analysis, by Application, 2017 – 2027 (US$ Mn)
7.4.1 Market Analysis
7.5 North America VFR Market, by Country, 2017 – 2027 (US$ Mn)
7.5.1 Market Analysis
7.5.2 U.S.
7.5.2.1 U.S. VFR Market Value, by Component, 2017 – 2027 (US$ Mn)
7.5.2.2 U.S. VFR Market Value, by End-use, 2017 – 2027 (US$ Mn)
7.5.2.3 U.S. VFR Market Value, by Application, 2017 – 2027 (US$ Mn)
7.5.3 Canada
7.5.3.1 Canada VFR Market Value, by Component, 2017 – 2027 (US$ Mn)
7.5.3.2 Canada VFR Market Value, by End-use, 2017 – 2027 (US$ Mn)
7.5.3.3 Canada VFR Market Value, by Application, 2017 – 2027 (US$ Mn)
Chapter 8 Europe Virtual Fitting Room (VFR) Market Analysis, 2017 – 2027 (US$ Mn)
8.1 Overview
8.2 Europe VFR Market Analysis, by Component, 2017 – 2027 (US$ Mn)
8.2.1 Market Analysis
8.3 Europe VFR Market Analysis, by End-use, 2017 – 2027 (US$ Mn)
8.3.1 Market Analysis
8.4 Europe VFR Market Analysis, by Application, 2017 – 2027 (US$ Mn)
8.4.1 Market Analysis
8.5 Europe VFR Market, by Country, 2017 – 2027 (US$ Mn)
8.5.1 Market Analysis
8.5.2 U.K.
8.5.2.1 U.K. VFR Market Value, by Component, 2017 – 2027 (US$ Mn)
8.5.2.2 U.K. VFR Market Value, by End-use, 2017 – 2027 (US$ Mn)
8.5.2.3 U.K. VFR Market Value, by Application, 2017 – 2027 (US$ Mn)
8.5.3 Germany
8.5.3.1 Germany VFR Market Value, by Component, 2017 – 2027 (US$ Mn)
8.5.3.2 Germany VFR Market Value, by End-use, 2017 – 2027 (US$ Mn)
8.5.3.3 Germany VFR Market Value, by Application, 2017 – 2027 (US$ Mn)
8.5.4 France
8.5.4.1 France VFR Market Value, by Component, 2017 – 2027 (US$ Mn)
8.5.4.2 France VFR Market Value, by End-use, 2017 – 2027 (US$ Mn)
8.5.4.3 France VFR Market Value, by Application, 2017 – 2027 (US$ Mn)
8.5.5 Rest of Europe
8.5.5.1 Rest of Europe VFR Market Value, by Component, 2017 – 2027 (US$ Mn)
8.5.5.2 Rest of Europe VFR Market Value, by End-use, 2017 – 2027 (US$ Mn)
8.5.5.3 Rest of Europe VFR Market Value, by Application, 2017 – 2027 (US$ Mn)
Chapter 9 Asia Pacific Virtual Fitting Room (VFR) Market Analysis, 2017 – 2027 (US$ Mn)
9.1 Overview
9.2 Asia Pacific VFR Market Analysis, by Component, 2017 – 2027 (US$ Mn)
9.2.1 Market Analysis
9.3 Asia Pacific VFR Market Analysis, by End-use, 2017 – 2027 (US$ Mn)
9.3.1 Market Analysis
9.4 Asia Pacific VFR Market Analysis, by Application, 2017 – 2027 (US$ Mn)
9.4.1 Market Analysis
9.5 Asia Pacific VFR Market, by Country, 2017 – 2027 (US$ Mn)
9.5.1 Market Analysis
9.5.2 China
9.5.2.1 China VFR Market Value, by Component, 2017 – 2027 (US$ Mn)
9.5.2.2 China VFR Market Value, by End-use, 2017 – 2027 (US$ Mn)
9.5.2.3 China VFR Market Value, by Application, 2017 – 2027 (US$ Mn)
9.5.3 Japan
9.5.3.1 Japan VFR Market Value, by Component, 2017 – 2027 (US$ Mn)
9.5.3.2 Japan VFR Market Value, by End-use, 2017 – 2027 (US$ Mn)
9.5.3.3 Japan VFR Market Value, by Application, 2017 – 2027 (US$ Mn)
9.5.4 India
9.5.4.1 India VFR Market Value, by Component, 2017 – 2027 (US$ Mn)
9.5.4.2 India VFR Market Value, by End-use, 2017 – 2027 (US$ Mn)
9.5.4.3 India VFR Market Value, by Application, 2017 – 2027 (US$ Mn)
9.5.5 Rest of Asia Pacific
9.5.5.1 Rest of Asia Pacific VFR Market Value, by Component, 2017 – 2027 (US$ Mn)
9.5.5.2 Rest of Asia Pacific VFR Market Value, by End-use, 2017 – 2027 (US$ Mn)
9.5.5.3 Rest of Asia Pacific VFR Market Value, by Application, 2017 – 2027 (US$ Mn)
Chapter 10 Rest of the World (RoW) Virtual Fitting Room (VFR) Market Analysis, 2017 – 2027 (US$ Mn)
10.1 Overview
10.2 RoW VFR Market Analysis, by Component, 2017 – 2027 (US$ Mn)
10.2.1 Market Analysis
10.3 RoW VFR Market Analysis, by End-use, 2017 – 2027 (US$ Mn)
10.3.1 Market Analysis
10.4 RoW VFR Market Analysis, by Application, 2017 – 2027 (US$ Mn)
10.4.1 Market Analysis
10.5 RoW VFR Market, by Country, 2017 – 2027 (US$ Mn)
10.5.1 Market Analysis
10.6 RoW VFR Market, by Country (US$ Mn)
10.6.1 Market Analysis
10.6.2 Middle East & Africa (MEA)
10.6.2.1 MEA VFR Market Value, by Component, 2017 – 2027 (US$ Mn)
10.6.2.2 MEA VFR Market Value, by End-use, 2017 – 2027 (US$ Mn)
10.6.2.3 MEA VFR Market Value, by Application, 2017 – 2027 (US$ Mn)
10.6.3 Latin America
10.6.3.1 Latin America VFR Market Value, by Component, 2017 – 2027 (US$ Mn)
10.6.3.2 Latin America VFR Market Value, by End-use, 2017 – 2027 (US$ Mn)
10.6.3.3 Latin America VFR Market Value, by Application, 2017 – 2027 (US$ Mn)
Chapter 11 Company Profiles
11.1 3D-A-PORTER
11.2 Astafit
11.3 Coitor IT Tech
11.4 ELSE Corp
11.5 Fision Technologies
11.6 Fit Analytics
11.7 FXGear
11.8 Magic Mirror
11.9 MemoMi
11.10 Metail
11.11 SenseMi
11.12 Sizebay
11.13 Total Immersion
11.14 triMirror
11.15 True Fit
11.16 Visualook
11.17 Zugara
* Here we are using VFR as a short form of Virtual Fitting Room
TABLE 1 Market Snapshot: Global Virtual Fitting Room (VFR) Market Value
TABLE 2 North America VFR Market Value, by Component, 2017 – 2027 (US$ Mn)
TABLE 3 North America VFR Market Value, by End-use, 2017 – 2027 (US$ Mn)
TABLE 4 North America VFR Market Value, by Application, 2017 – 2027 (US$ Mn)
TABLE 5 North America VFR Market Value, by Country,2017 – 2027 (US$ Mn)
TABLE 6 U.S. VFR Market Value, by Component 2017– 2027 (US$ Mn)
TABLE 7 U.S. VFR Market Value, by End-use 2017– 2027 (US$ Mn)
TABLE 8 U.S. VFR Market Value, by Application 2017 – 2027 (US$ Mn)
TABLE 9 Canada VFR Market Value, by Component 2017– 2027 (US$ Mn)
TABLE 10 Canada VFR Market Value, by End-use 2017– 2027 (US$ Mn)
TABLE 11 Canada VFR Market Value, by Application 2017 – 2027 (US$ Mn)
TABLE 12 Europe VFR Market Value, by Component, 2017 – 2027 (US$ Mn)
TABLE 13 Europe VFR Market Value, by End-use, 2017 – 2027 (US$ Mn)
TABLE 14 Europe VFR Market Value, by Application, 2017 – 2027 (US$ Mn)
TABLE 15 Europe VFR Market Value, by Country, 2017 – 2027 (US$ Mn)
TABLE 16 U.K. VFR Market Value, by Component 2017 – 2027 (US$ Mn)
TABLE 17 U.K. VFR Market Value, by End-use, 2017 – 2027 (US$ Mn)
TABLE 18 U.K. VFR Market Value, by Application 2017 – 2027 (US$ Mn)
TABLE 19 Germany VFR Market Value, by Component, 2017– 2027 (US$ Mn)
TABLE 20 Germany VFR Market Value, by End-use 2017 – 2027 (US$ Mn)
TABLE 21 Germany VFR Market Value, by Application 2017 – 2027 (US$ Mn)
TABLE 22 France VFR Market Value, by Component 2017– 2027 (US$ Mn)
TABLE 23 France VFR Market Value, by End-use 2017– 2027 (US$ Mn)
TABLE 24 France VFR Market Value, by Application 2017 – 2027 (US$ Mn)
TABLE 25 Rest of Europe VFR Market Value, by Component 2017 – 2027 (US$ Mn)
TABLE 26 Rest of Europe VFR Market Value, by End-use 2017 – 2027 (US$ Mn)
TABLE 27 Rest of Europe VFR Market Value, by Application2017 – 2027 (US$ Mn)
TABLE 28 Asia Pacific VFR Market Value, by Component, 2017 – 2027 (US$ Mn)
TABLE 29 Asia Pacific VFR Market Value, by End-use, 2017 – 2027 (US$ Mn)
TABLE 30 Asia Pacific VFR Market Value, by Application, 2017 – 2027 (US$ Mn)
TABLE 31 Asia Pacific VFR Market Value, by Country,2017 – 2027 (US$ Mn)
TABLE 32 China VFR Market Value, by Component 2017 – 2027 (US$ Mn)
TABLE 33 China VFR Market Value, by End-use 2017 – 2027 (US$ Mn)
TABLE 34 China VFR Market Value, by Application2017 – 2027 (US$ Mn)
TABLE 35 Japan VFR Market Value, by Component 2017 – 2027 (US$ Mn)
TABLE 36 Japan VFR Market Value, by End-use 2017 – 2027 (US$ Mn)
TABLE 37 Japan VFR Market Value, by Application2017 – 2027 (US$ Mn)
TABLE 38 India VFR Market Value, by Component 2017 – 2027 (US$ Mn)
TABLE 39 India VFR Market Value, by End-use 2017 – 2027 (US$ Mn)
TABLE 40 India VFR Market Value, by Application 2017 – 2027 (US$ Mn)
TABLE 41 Rest of Asia Pacific VFR Market Value, by Component 2017 – 2027 (US$ Mn)
TABLE 42 Rest of Asia Pacific VFR Market Value, by End-use 2017 – 2027 (US$ Mn)
TABLE 43 Rest of Asia Pacific VFR Market Value, by Application, 2017 – 2027 (US$ Mn)
TABLE 44 RoW VFR Market Value, by Component, 2017 – 2027 (US$ Mn)
TABLE 45 RoW VFR Market Value, by End-use, 2017 – 2027 (US$ Mn)
TABLE 46 RoW VFR Market Value, by Application, 2017 – 2027 (US$ Mn)
TABLE 47 RoW VFR Market Value, by Country,2017 – 2027 (US$ Mn)
TABLE 48 RoW VFR Market Value, by Country,2017 – 2027 (US$ Mn)
TABLE 49 MEA VFR Market Value, by Component 2017 – 2027 (US$ Mn)
TABLE 50 MEA VFR Market Value, by End-use – 2027 (US$ Mn)
TABLE 51 MEA VFR Market Value, by Application2017 – 2027 (US$ Mn)
TABLE 52 Latin America VFR Market Value, by Component – 2027 (US$ Mn)
TABLE 53 Latin America VFR Market Value, by End-use – 2027 (US$ Mn)
TABLE 54 Latin America VFR Market Value, by Application2017 – 2027 (US$ Mn)
TABLE 55 3D-A-PORTER: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 56 Astafit: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 57 Coitor IT Tech: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 58 ELSE Corp: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 59 Fision Technologies: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 60 Fit Analytics: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 61 FXGear: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 62 Magic Mirror: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 63 MemoMI: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 64 Metail: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 65 SenseMi: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 66 Sizebay: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 67 Total Immersion: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 68 triMirror: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 69 True Fit: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 70 Visualook: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 71 Zugara: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
FIG. 1 Global Virtual Fitting Room (VFR) Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global VFR Market Segmentation
FIG. 4 Global VFR Market, by Component, 2018 (US$ Mn)
FIG. 5 Global VFR Market, by End-use, 2018 (US$ Mn)
FIG. 6 Global VFR Market, by Application, 2018 (US$ Mn)
FIG. 7 Global VFR Market, by Geography, 2018 (US$ Mn)
FIG. 8 Attractive Investment Proposition, by Geography, 2018
FIG. 9 Market Positioning of Key VFR Vendors, 2018
FIG. 10 Global VFR Market Value Share, by Component, 2018 & 2027 (Value, %)
FIG. 11 Global VFR Market Value from Hardware, 2017 – 2027(US$ Mn)
FIG. 12 Global VFR Market Value from Prefabricated, 2017 – 2027(US$ Mn)
FIG. 13 Global VFR Market Value from Customized, 2017 – 2027(US$ Mn)
FIG. 14 Global VFR Market Value from Software, 2017 – 2027(US$ Mn)
FIG. 15 Global VFR Market Value from Service, 2017 – 2027(US$ Mn)
FIG. 16 Global VFR Market Value Share, by End-use, 2018 & 2027 (Value, %)
FIG. 17 Global VFR Market Value from Online, 2017 – 2027(US$ Mn)
FIG. 18 Global VFR Market Value from Offline, 2017 – 2027(US$ Mn)
FIG. 19 Global VFR Market Value Share, by Application, 2018 & 2027 (Value, %)
FIG. 20 Global VFR Market Value from Apparel, 2017 – 2027(US$ Mn)
FIG. 21 Global VFR Market Value from Beauty & Cosmetics, 2017 – 2027(US$ Mn)
FIG. 22 Global VFR Market Value from Eye Wear, 2017 – 2027(US$ Mn)
FIG. 23 Global VFR Market Value from Jewelry & Watches 2017 – 2027(US$ Mn)
FIG. 24 Global VFR Market Value from Others, 2017 – 2027(US$ Mn)