Europe Virtual Reality and Augmented Reality in Retail Market Report Analysis 2022, Growth Prospects, Industry Size, Company Share, Major Competitors, Regional Segments, Strategies and Forecast to 2028

The virtual reality and augmented reality in retail market in Europe is expected to grow from US$ 1048.20 million in 2021 to US$ 5214.75 million by 2028; it is estimated to grow at a CAGR of 25.8% from 2021 to 2028.

Virtual shopping is becoming increasingly popular among retailers such as American Apparel, Uniqlo, Lacoste, Kohls, and Sephora. Customers can now test products before purchasing them in the comfort of their own homes. One of the most effective methods to incorporate these technologies into the fashion industry is through virtual try-on. Another excellent method is to provide users with optional features such as navigation in an AR application or a virtual tour of a store. Similarly, with VR, one of the most spectacular features is when a consumer puts on a head-mounted (easy-to-use) device and selects a model based on his or her body dimensions, then sees virtual try-on products on the models in an interactive fashion. This is not limited to clothing. For example, IKEA, a furniture retailer, uses augmented reality to allow buyers to view how furniture and other products would look in their own homes. The possibilities do not end with the consumer's cell phone at home. Smart mirrors and RFID tags in stores provide new opportunities for product recommendations to shoppers.

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The operational needs of telecommunication equipment/hardware and demand for secure communications are growing at a fast pace owing to complex operations of the sector and rising customer demands. FPGAs are being widely used in this sector for various applications such as packet processing and data packet switching. The advantages of FPGAs such as easy configurability, flexibility, law latency operations, efficient hardware acceleration, and low costs are expected to drive theiradoption in the telecommunication sector in the coming years. Moreover, the evolving trend of home and building automation is further boosting the demand for FPGAs with advanced security capabilities.

Following are the Top Europe Virtual Reality and Augmented Reality in Retail Leading Manufacturers - Epson America, Inc. Google LLC Infosys Ltd. Intel Corporation Marxent Microsoft Corporation

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Our Research Specialist Analyses Research Methodology overview including Primary Research, Secondary Research, Company Share Analysis, Model ( including Demographic data, Macro-economic indicators, and Industry indicators: Expenditure, infrastructure, sector growth, and facilities ), Research Limitations and Revenue Based Modeling. Company share analysis is used to derive the size of the Europe Virtual Reality and Augmented Reality in Retail Market.
Europe Virtual Reality and Augmented Reality in Retail Players/Suppliers Profiles and Sales Data: Company, Company Basic Information, Manufacturing Base and Competitors, Product Category, Application and Specification with Sales, Revenue, Price and Gross Margin, Main Business/Business Overview.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, market share, CAGR, and gross margin.

Analytical Tools: The Europe Virtual Reality and Augmented Reality in Retail Market report includes the precisely studied and weighed data of the key industry players and their scope in the Europe Virtual Reality and Augmented Reality in Retail Market by means of several analytical tools.

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