Virtual Dressing Rooms Market
PUBLISHED: 2020 ID: SMRC19692
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Virtual Dressing Rooms - Global Market Outlook (2019-2027)

4.7 (25 reviews)
4.7 (25 reviews)
Published: 2020 ID: SMRC19692

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Virtual Dressing Rooms Market is accounted for $2.91 billion in 2019 and is expected to reach $10.37 billion by 2027 growing at a CAGR of 17.2% during the forecast period. Some of the key factors propelling the growth of the market are increasing range of products available for customers, need for ensuring the security of products and increasing investments by various retailers. However, lack of knowledge about the products is the restraining factor for the growth of the market.

Virtual dressing rooms are the online equivalent of in-store fitting rooms which allows customers to try on clothes and check its fit, size, and style virtually. It has superior speed and efficiency than conventional dressing rooms.

By component, the services segment is expected to grow at a significant market share during the forecast period as it offers customization and maintenance facilities for various solutions offered. Based on geography, North America is anticipated to hold considerable market share during the forecast period owing to the existence of highly competitive retail sector in the region.

Some of the key players in Virtual Dressing Rooms Market include Magic Mirror, Metail, Trimirror, Total Immersion, Visualook, AstraFit, Fision Technologies, Zugara, FXGear, Sensemi, Fit Analytics, 3D-A-Porter, True Fit, ELSE Corp, Memomi, Sizebay, Coitor IT Tech, REACTIVE REALITY GMBH, Dressformer, 3DLOOK Inc., Elpro Technologies, and Fitnect Interactive. 

Components Covered:
• Hardware
• Services
• Software

End Users Covered:
• Virtual Store
• Physical Store

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain
o Rest of Europe      
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand      
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary   
     
2 Preface    
 
2.1 Abstract   
 2.2 Stake Holders  
 2.3 Research Scope  
 2.4 Research Methodology 
  2.4.1 Data Mining 
  2.4.2 Data Analysis 
  2.4.3 Data Validation 
  2.4.4 Research Approach 
 2.5 Research Sources  
  2.5.1 Primary Research Sources
  2.5.2 Secondary Research Sources
  2.5.3 Assumptions 
     
3 Market Trend Analysis  
 3.1 Introduction  
 3.2 Drivers   
 3.3 Restraints   
 3.4 Opportunities  
 3.5 Threats   
 3.6 End User Analysis  
 3.7 Emerging Markets  
 3.8 Impact of Covid-19  
     
4 Porters Five Force Analysis  
 4.1 Bargaining power of suppliers 
 4.2 Bargaining power of buyers 
 4.3 Threat of substitutes  
 4.4 Threat of new entrants 
 4.5 Competitive rivalry  
     
5 Global Virtual Dressing Rooms Market, By Component
 5.1 Introduction  
 5.2 Hardware   
 5.3 Services   
 5.4 Software   
     
6 Global Virtual Dressing Rooms Market, By End User
 6.1 Introduction  
 6.2 Virtual Store  
 6.3 Physical Store  
     
7 Global Virtual Dressing Rooms Market, By Geography
 7.1 Introduction  
 7.2 North America  
  7.2.1 US  
  7.2.2 Canada  
  7.2.3 Mexico  
 7.3 Europe   
  7.3.1 Germany  
  7.3.2 UK  
  7.3.3 Italy  
  7.3.4 France  
  7.3.5 Spain  
  7.3.6 Rest of Europe 
 7.4 Asia Pacific  
  7.4.1 Japan  
  7.4.2 China  
  7.4.3 India  
  7.4.4 Australia  
  7.4.5 New Zealand 
  7.4.6 South Korea 
  7.4.7 Rest of Asia Pacific 
 7.5 South America  
  7.5.1 Argentina  
  7.5.2 Brazil  
  7.5.3 Chile  
  7.5.4 Rest of South America
 7.6 Middle East & Africa  
  7.6.1 Saudi Arabia 
  7.6.2 UAE  
  7.6.3 Qatar  
  7.6.4 South Africa 
  7.6.5 Rest of Middle East & Africa
     
8 Key Developments   
 8.1 Agreements, Partnerships, Collaborations and Joint Ventures
 8.2 Acquisitions & Mergers 
 8.3 New Product Launch  
 8.4 Expansions  
 8.5 Other Key Strategies  
     
9 Company Profiling   
 9.1 Magic Mirror  
 9.2 Metail   
 9.3 TriMirror   
 9.4 Total Immersion  
 9.5 Visualook   
 9.6 AstraFit   
 9.7 Fision Technologies  
 9.8 Zugara    
 9.9 FXGear   
 9.10 SenseMi   
 9.11 Fit Analytics  
 9.12 3D-A-Porter  
 9.13 True Fit Corporation  
 9.14 ELSE Corp   
 9.15 Memomi   
 9.16 Sizebay   
 9.17 Coitor IT Tech  
 9.18 REACTIVE REALITY GMBH 
 9.19 Dressformer  
 9.20 3DLOOK Inc.  
 9.21 Elpro Technologies  
 9.22 Fitnect Interactive  


List of Tables    
1 Global Virtual Dressing Rooms Market Outlook, By Region (2018-2027) ($MN)
2 Global Virtual Dressing Rooms Market Outlook, By Component (2018-2027) ($MN)
3 Global Virtual Dressing Rooms Market Outlook, By Hardware (2018-2027) ($MN)
4 Global Virtual Dressing Rooms Market Outlook, By Services (2018-2027) ($MN)
5 Global Virtual Dressing Rooms Market Outlook, By Software (2018-2027) ($MN)
6 Global Virtual Dressing Rooms Market Outlook, By End User (2018-2027) ($MN)
7 Global Virtual Dressing Rooms Market Outlook, By Virtual Store (2018-2027) ($MN)
8 Global Virtual Dressing Rooms Market Outlook, By Physical Store (2018-2027) ($MN)
9 North America Virtual Dressing Rooms Market Outlook, By Country (2018-2027) ($MN)
10 North America Virtual Dressing Rooms Market Outlook, By Component (2018-2027) ($MN)
11 North America Virtual Dressing Rooms Market Outlook, By Hardware (2018-2027) ($MN)
12 North America Virtual Dressing Rooms Market Outlook, By Services (2018-2027) ($MN)
13 North America Virtual Dressing Rooms Market Outlook, By Software (2018-2027) ($MN)
14 North America Virtual Dressing Rooms Market Outlook, By End User (2018-2027) ($MN)
15 North America Virtual Dressing Rooms Market Outlook, By Virtual Store (2018-2027) ($MN)
16 North America Virtual Dressing Rooms Market Outlook, By Physical Store (2018-2027) ($MN)
17 Europe Virtual Dressing Rooms Market Outlook, By Country (2018-2027) ($MN)
18 Europe Virtual Dressing Rooms Market Outlook, By Component (2018-2027) ($MN)
19 Europe Virtual Dressing Rooms Market Outlook, By Hardware (2018-2027) ($MN)
20 Europe Virtual Dressing Rooms Market Outlook, By Services (2018-2027) ($MN)
21 Europe Virtual Dressing Rooms Market Outlook, By Software (2018-2027) ($MN)
22 Europe Virtual Dressing Rooms Market Outlook, By End User (2018-2027) ($MN)
23 Europe Virtual Dressing Rooms Market Outlook, By Virtual Store (2018-2027) ($MN)
24 Europe Virtual Dressing Rooms Market Outlook, By Physical Store (2018-2027) ($MN)
25 Asia Pacific Virtual Dressing Rooms Market Outlook, By Country (2018-2027) ($MN)
26 Asia Pacific Virtual Dressing Rooms Market Outlook, By Component (2018-2027) ($MN)
27 Asia Pacific Virtual Dressing Rooms Market Outlook, By Hardware (2018-2027) ($MN)
28 Asia Pacific Virtual Dressing Rooms Market Outlook, By Services (2018-2027) ($MN)
29 Asia Pacific Virtual Dressing Rooms Market Outlook, By Software (2018-2027) ($MN)
30 Asia Pacific Virtual Dressing Rooms Market Outlook, By End User (2018-2027) ($MN)
31 Asia Pacific Virtual Dressing Rooms Market Outlook, By Virtual Store (2018-2027) ($MN)
32 Asia Pacific Virtual Dressing Rooms Market Outlook, By Physical Store (2018-2027) ($MN)
33 South America Virtual Dressing Rooms Market Outlook, By Country (2018-2027) ($MN)
34 South America Virtual Dressing Rooms Market Outlook, By Component (2018-2027) ($MN)
35 South America Virtual Dressing Rooms Market Outlook, By Hardware (2018-2027) ($MN)
36 South America Virtual Dressing Rooms Market Outlook, By Services (2018-2027) ($MN)
37 South America Virtual Dressing Rooms Market Outlook, By Software (2018-2027) ($MN)
38 South America Virtual Dressing Rooms Market Outlook, By End User (2018-2027) ($MN)
39 South America Virtual Dressing Rooms Market Outlook, By Virtual Store (2018-2027) ($MN)
40 South America Virtual Dressing Rooms Market Outlook, By Physical Store (2018-2027) ($MN)
41 Middle East & Africa Virtual Dressing Rooms Market Outlook, By Country (2018-2027) ($MN)
42 Middle East & Africa Virtual Dressing Rooms Market Outlook, By Component (2018-2027) ($MN)
43 Middle East & Africa Virtual Dressing Rooms Market Outlook, By Hardware (2018-2027) ($MN)
44 Middle East & Africa Virtual Dressing Rooms Market Outlook, By Services (2018-2027) ($MN)
45 Middle East & Africa Virtual Dressing Rooms Market Outlook, By Software (2018-2027) ($MN)
46 Middle East & Africa Virtual Dressing Rooms Market Outlook, By End User (2018-2027) ($MN)
47 Middle East & Africa Virtual Dressing Rooms Market Outlook, By Virtual Store (2018-2027) ($MN)
48 Middle East & Africa Virtual Dressing Rooms Market Outlook, By Physical Store (2018-2027) ($MN)

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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