Global Virtual Fitting Rooms Race: US Market Valued at $2.3 Billion, China Trails with Impressive 15.4% CAGR Forecast Through 2030

Global Virtual Fitting Rooms Race: US Market Valued at .3 Billion, China Trails with Impressive 15.4% CAGR Forecast Through 2030

DUBLIN, July 19, 2023 /PRNewswire/ — The “Virtual Fitting Rooms – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.

The global market for Virtual Fitting Rooms estimated at US$7.9 Billion in the year 2022, is projected to reach a revised size of US$26.1 Billion by 2030, growing at a CAGR of 16.1% over the analysis period 2022-2030.

Software, one of the segments analyzed in the report, is projected to record 18.9% CAGR and reach US$13.5 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Hardware segment is readjusted to a revised 12.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at $2.3 Billion, While China is Forecast to Grow at 15.4% CAGR

The Virtual Fitting Rooms market in the U.S. is estimated at US$2.3 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$4.5 Billion by the year 2030 trailing a CAGR of 15.4% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.3% and 12.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.3% CAGR.

Select Competitors (Total 36 Featured) –

  • 3D-A-Porter
  • AstraFit
  • Coitor IT Tech
  • ELSE Corp
  • Fision Technologies
  • Fit Analytics
  • FXGear
  • Magic Mirror
  • Memomi
  • Metail

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Virtual Fitting Rooms – Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/y9bpyp

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SOURCE Research and Markets

Originally published at https://www.prnewswire.com/news-releases/global-virtual-fitting-rooms-race-us-market-valued-at-2-3-billion-china-trails-with-impressive-15-4-cagr-forecast-through-2030–301880843.html

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