Virtual Mirror Market Outlook 2027 By End User, Size, Share, Applications, Trends, Growth
According to TechSci Research, Global Virtual Mirror market is expected to grow at a double digit CAGR during 2023-2027. The growing technological advancements, growing demand from customers to save their shopping time & enhance their shopping experience, growing demand for safety systems in vehicles and reduced noise/vibration drives the virtual mirror market globally.
Based on end user segment, the market has been segmented into retail, automotive and others. The retail segment is dominating the market and is expected to maintain its dominance over the next five years as well owing to growing demand of virtual fitting technology. Virtual fitting allows the customer to try on clothes for fit, size and style using a custom online avatar of the customer’s physical body, this eventually save the time of the customers and enhance their shopping experience. Moreover, the technology also helps the sellers to track inventory dealings in-store. The virtual mirror, minimizes returns and maximises conversion rate and helps to make a right choice for the customers Furthermore, increasing vehicle sales and growing technological advancements in the automotive sector and increasing demand for vehicle safety drives the virtual mirror market.
Some of the leading players in the global virtual mirror market are Cisco Systems, Sensemi, Virtusize, True Fit Corporation, Dressformer, Styku, Bodymetrics, Total Immersion, Fits.me Holdings Limited.
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- To analyse and forecast the market size of Virtual Mirror, in terms of value.
- To classify and forecast global Virtual Mirror based on End User, Deployment, and regional distribution.
- To identify drivers and challenges for Global Virtual Mirror.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Virtual Mirror.
- To conduct the pricing analysis for Virtual Mirror.
- To identify and analyse the profile of leading players involved in the manufacturing of Global Virtual Mirror.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of Solution Providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the Service Providers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration Solution Providers across the globe.
TechSci Research calculated the market size of Global Virtual Mirror using a bottom-up approach, where data for various application across various technology were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.
Key Target Audience:
- Retailers
- Global virtual mirror technology providers, system integrators and other stakeholders
- Automotive OEMs
- Technology investors
- Research organizations and consulting companies.
- Research Institutes
- Industry associations
- Market research and consulting firm.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration service providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Attribute | Details |
Base Year | 2021 |
Historical Years | 2017 – 2020 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022-2027 |
Report Coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered | · End User · Deployment |
Regional Scope | North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa |
Country Scope | United States; Canada; Mexico; China; India; Japan; Malaysia; Thailand; Indonesia; Vietnam; South Korea; Germany; France; United Kingdom; Spain; Italy; Belgium; Russia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Egypt |
Key Companies Profiled | Cisco Systems, Sensemi, Virtusize, True Fit Corporation, Dressformer, Styku, Bodymetrics, Total Immersion, Fits.me Holdings Limited |
Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope:
In this report, Global Virtual Mirror market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Global Virtual Mirror Market, By End User:
- Retail
- Automotive
- Others
- Global Virtual Mirror Market, By Deployment:
- Private Cloud
- Public Cloud
- Hybrid Cloud
- Global Virtual Mirror Market, by Region:
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Virtual Mirror.
About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
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