AR & VR In E-Commerce Market Size - Forecast to 2026
Browse TOC on “Global AR & VR In E-Commerce Market - Forecast to 2026" https://www.globalmarketestimates.com/market-report/ar-vr-in-e-commerce-market-3516
By Offering (Software, Services), By Hardware (Head Mounted Display, Head Up Display, Handheld Device, Mobile Devices), By Application (Apparel, Furniture, Electronics, Footwear), By Region (North America, Asia Pacific, Europe, Latin America, Middle East & Africa); End-User Landscape, Company Market Share Analysis, and Competitor Analysis
Browse the Report @ https://www.globalmarketestimates.com/market-report/ar-vr-in-e-commerce-market-3516
AR & VR in E-Commerce is an innovative concept to bring the best of virtual and physical store experience. An increase in consumer interest to make more well-informed purchase decisions in online stores has led to the adoption of this feature in most large-scale e-commerce providers. eBay, Amazon, and Ikea are among the early provider of these services.
Mobile devices led the hardware segment
Most of the purchases done in the market were through mobile devices. Convenience, availability, and compatibility are the major causes to induce penetration in this segment. The segment dominated the revenue share and is predicted to hold its dominance during the forecast period.
Furniture applications hold a promising future
The global AR & VR in the e-commerce market is observing a notable interest from furniture applications. The majority of the consumers prefer to purchase any high investment product through a physical store. This is mainly due to factors related to size, quality, color, and appearance. Thus, with the adoption of AR & VR, the user can easily scrutinize the product and also virtually place it at the designated space to check suitability.
North America led the regional sales
The North American AR & VR in the e-commerce market led the global revenue share and held more than 61% of the revenue in 2019. The presence of the large number of users having accessibility to the AR & VR enabled hardware accompanied by a rise in the number of e-tailers providing the services are major attributing factors to drive regional demand.
Technology advancement and improvising consumer experience are the prime strategies
The key companies in the market are Apple Inc., Google Inc, Augment, Blippar Ltd, Imaginate Technologies, Holition Ltd., Marxent Labs LLC, ViewAR GmbH, Microsoft, PTC, Zugara, Inc., Wikitude GmbH, Shopify, VironIT, Visartech. The global AR & VR In E-Commerce Company revenue share is a non-concentrated and niche positioning market. The concept is novel and is in the continuous development stage.
Offering Outlook (Revenue, USD Million, 2021-2026)
Hardware Outlook (Revenue, USD Million, 2021-2026)
• Head Mounted Display
• Head Up Display
• Handheld Device
• Mobile Devices
Application Outlook (Revenue, USD Million, 2021-2026)
Regional Outlook (Revenue, USD Million, 2021-2026)
• South Korea
Middle East & Africa
• Saudi Arabia
• South Africa
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