Global Virtual Mirror Market By End User (Retail, Automotive, Others), By Deployment (Private Cloud, Public Cloud and Hybrid Cloud), By Company and By Geography, Forecast & Opportunities, 2027

  • Industry : ICT
  • Pages : NA
  • Published Date : NA
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Summary

Report Description

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.

Objective of the Study:

  • 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.


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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:
    • Asia Pacific
      • China
      • India 
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Malaysia
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • North America
      • United States
      • Mexico
      • Canada
    • Rest of World

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Virtual Mirror.

Available Customizations:

With the given market data, TechSci Research offers customizations according to the company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]  

Table of content

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Virtual Mirror Market

4.    Executive Summary

5.    Voice of Customer

6.    Global Virtual Mirror Market Overview 

7.    Global Virtual Mirror Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By End User (Retail, Automotive, Others)

7.2.2.     By Deployment (Private Cloud, Public Cloud and Hybrid Cloud)

7.2.3.     By Company

7.3.  Product Market Map

8.    Asia-Pacific Virtual Mirror Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By End User

8.2.2.     By Deployment

8.2.3.     By Country

8.3.  Product Market Map

8.4.  Asia-Pacific: Country Analysis

8.4.1.     China Virtual Mirror Market Outlook

8.4.1.1.         Market Size & Forecast

8.4.1.1.1.             By Value

8.4.1.2.         Market Share & Forecast

8.4.1.2.1.             By End User

8.4.1.2.2.             By Deployment

8.4.2.     India Virtual Mirror Market Outlook

8.4.2.1.         Market Size & Forecast

8.4.2.1.1.             By Value

8.4.2.2.         Market Share & Forecast

8.4.2.2.1.             By End User

8.4.2.2.2.             By Deployment

8.4.3.     Japan Virtual Mirror Market Outlook

8.4.3.1.         Market Size & Forecast

8.4.3.1.1.             By Value

8.4.3.2.         Market Share & Forecast

8.4.3.2.1.             By End User

8.4.3.2.2.             By Deployment

8.4.4.     South Korea Virtual Mirror Market Outlook

8.4.4.1.         Market Size & Forecast

8.4.4.1.1.             By Value

8.4.4.2.         Market Share & Forecast

8.4.4.2.1.             By End User

8.4.4.2.2.             By Deployment

8.4.5.     Australia Virtual Mirror Market Outlook

8.4.5.1.         Market Size & Forecast

8.4.5.1.1.             By Value

8.4.5.2.         Market Share & Forecast

8.4.5.2.1.             By End User

8.4.5.2.2.             By Deployment

9.    Europe Virtual Mirror Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By End User

9.2.2.     By Deployment

9.2.3.     By Country

9.3.  Product Market Map

9.4.  Europe: Country Analysis

9.4.1.     France Virtual Mirror Market Outlook

9.4.1.1.         Market Size & Forecast

9.4.1.1.1.             By Value

9.4.1.2.         Market Share & Forecast

9.4.1.2.1.             By End User

9.4.1.2.2.             By Deployment

9.4.2.     Germany Virtual Mirror Market Outlook

9.4.2.1.         Market Size & Forecast

9.4.2.1.1.             By Value

9.4.2.2.         Market Share & Forecast

9.4.2.2.1.             By End User

9.4.2.2.2.             By Deployment

9.4.3.     United Kingdom Virtual Mirror Market Outlook

9.4.3.1.         Market Size & Forecast

9.4.3.1.1.             By Value

9.4.3.2.         Market Share & Forecast

9.4.3.2.1.             By End User

9.4.3.2.2.             By Deployment

9.4.4.     Italy Virtual Mirror Market Outlook

9.4.4.1.         Market Size & Forecast

9.4.4.1.1.             By Value

9.4.4.2.         Market Share & Forecast

9.4.4.2.1.             By End User

9.4.4.2.2.             By Deployment

9.4.5.     Spain Virtual Mirror Market Outlook

9.4.5.1.         Market Size & Forecast

9.4.5.1.1.             By Value

9.4.5.2.         Market Share & Forecast

9.4.5.2.1.             By End User

9.4.5.2.2.             By Deployment

10.  North America Virtual Mirror Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By End User

10.2.2.  By Deployment

10.2.3.  By Country

10.3.              Product Market Map

10.4.              North America: Country Analysis

10.4.1.  United States Virtual Mirror Market Outlook

10.4.1.1.      Market Size & Forecast

10.4.1.1.1.           By Value

10.4.1.2.      Market Share & Forecast

10.4.1.2.1.           By End User

10.4.1.2.2.           By Deployment

10.4.2.  Mexico Virtual Mirror Market Outlook

10.4.2.1.      Market Size & Forecast

10.4.2.1.1.           By Value

10.4.2.2.      Market Share & Forecast

10.4.2.2.1.           By End User

10.4.2.2.2.           By Deployment

10.4.3.  Canada Virtual Mirror Market Outlook

10.4.3.1.      Market Size & Forecast

10.4.3.1.1.           By Value

10.4.3.2.      Market Share & Forecast

10.4.3.2.1.           By End User

10.4.3.2.2.           By Deployment

11.  ROW (Rest of World) Virtual Mirror Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value

11.2.              Market Share & Forecast

11.2.1.  By End User

11.2.2.  By Deployment

11.2.3.  By Country

11.3.              Product Market Map

12.  Supply Chain Analysis

13.  Market Dynamics

13.1.              Drivers

13.2.              Challenges

14.  Market Trends & Developments

15.  Policy & Regulatory Landscape

16.  Competitive Landscape

16.1.              Competition Outlook

16.2.              Company Profiles (Top 10 Companies)

16.2.1.  Cisco Systems

16.2.2.  Sensemi

16.2.3.  Virtusize

16.2.4.  True Fit Corporation

16.2.5.  Dressformer

16.2.6.  Styku

16.2.7.  Bodymetrics

16.2.8.  Total Immersion

16.2.9.  Fits.me Holdings Limited

 17. Strategic Recommendations

Figures and Tables

Frequently asked questions

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Growing demand for safety systems in vehicles and ongoing technological advancements are driving the demand of the global virtual mirror market in the forecast period.

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Cisco Systems, Sensemi, Virtusize, True Fit Corporation, Dressformer, Styku, Bodymetrics, Total Immersion, Fits.me Holdings Limited are the major market players operating in the global virtual mirror market.

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The North American region is dominating the market and is expected to maintain its dominance throughout the forecast period due to the high adoption of virtual technology in retail, hotel chains, and automotive industry.

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Based on end user, the market is divided into retail, automotive, and others. The retail segment is expected to account for a significant market share in the forecast period due to the growing demand for virtual technology for better inventory management.

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