The Virtual Mirror Global Market Report 2023, provides comprehensive information on the virtual mirror market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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https://www.thebusinessresearchcompany.com/report/virtual-mirror-global-market-report
As per The Business Research Company’s Virtual Mirror Global Market Report 2023, the market size will grow from $7.6 billion in 2022 to $9.4 billion in 2023 at a compound annual growth rate (CAGR) of 23.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the virtual mirror is expected to grow to $20.99 billion in 2027 at a CAGR of 22.2%.
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New product innovations have emerged as the key trend gaining popularity in the virtual mirror market. Major companies operating in the virtual mirror sector are focused on launching new products to sustain their position in the market. For instance, in June 2020, MySizeID, an Israel-based company that develops and creates smartphone measurement solutions, launched SWEET FIT, a virtual fitting mirror that uses augmented reality technology to scan a person’s figure and display a virtual outfit according to the available sizes that fit the customer. With the help of this technology, shoppers can select the appropriate apparel size for a specific brand based on real-time body measurements. SWEET FIT is currently available in French fashion stores.
The virtual mirror market is segmented:
1) By Component: Software, Hardware, Services
2) By Deployment Mode: Cloud, On-Premises
3) By Technology: 3D Body Scanning, Photo Accurate VFR, 3D Augmented Reality and Virtual Reality
4) By Industry: Retail, Other Industries
North America was the largest region in the virtual mirror market in 2022.
The table of contents in TBRC’s virtual mirror market report includes:
1. Executive Summary
2. Virtual Mirror Market Characteristics
3. Virtual Mirror Market Trends And Strategies
4. Virtual Mirror Market – Macro Economic Scenario
5. Virtual Mirror Market Size And Growth
…..
26. Africa Virtual Mirror Market
27. Virtual Mirror Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Virtual Mirror Market
29. Virtual Mirror Market Future Outlook and Potential Analysis
30. Appendix
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