openPR Logo
Press release

Virtual Reality (VR) in Retail Market Size, Insights, Share, Growth, Revenue, Worth, Analysis, Segmentation, Key Players | Valuates Reports

01-16-2023 10:43 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

Virtual Reality in Retail Market

The global Virtual Reality in Retail market size is projected to reach USD 5455 Million by 2028, from USD 2007 Million in 2021, at a CAGR of 13.82% during 2022-2028.

Download Free Sample Report: https://reports.valuates.com/request/sample/QYRE-Auto-35O953/

Trends Influencing the Growth of Virtual Reality in Retail Market

The demand for a more personalized shopping experience is expected to fuel the adoption of virtual reality in the retail sector. Instead of holding an item, they can get a 360-degree view of it and customize it to their exact wants and needs. This experience could never be replicated in a physical store. Because customers can personalize their products, they are happier and three times more likely to purchase (and spend about 10 percent more). Virtual reality shopping is akin to getting a free trial of hair colors, makeup, clothing, and more! If you personalize and deliver a virtual reality shopping experience to customers wherever they are, they are less likely to return items. This helps retailers stay competitive and earn more money. This factor is expected to fuel the growth of Virtual Reality in Retail market.

The heart of marketing is customer engagement. Retailers can create 3D content using virtual reality. These ads attract more attention than a standard banner, potentially resulting in increased sales. In retail, companies that combine virtual reality and social media can strike gold. As a result, customers are more willing to share their experiences. Virtual reality headsets also collect data from users to help with social media targeting marketing. This factor is expected to contribute to the continued growth of Virtual Reality in Retail market.

Working in retail necessitates a significant amount of new hire training. This process can lead to costly mistakes while the employee is learning the ropes. Virtual reality can be used to simulate real-world scenarios, which can help with onboarding. VR training does everything faster and on a larger scale, from packaging to using new software at the counter. Virtual reality is as real as a coach explaining the material in retail learning. Nonetheless, it lowers the cost of trainers traveling across the country or around the world to conduct large-scale store training. This is expected to fuel the growth of virtual reality in the retail market.

Virtual Reality in Retail Market Share Analysis

Based on application, The most profitable segment is expected to be consumer electronics. This is due to the population's increased use of consumer electronics for gaming and entertainment.

Based on region, The most profitable region is expected to be North America.

By Type
• Software
• Hardware
• Service

By Application
• Food and Beverage
• Home Products
• Clothing
• Consumer Electronics
• Other

By Company
• Zappar
• Trax
• inVRsion
• Symphony RetailAI
• Whisbi
• Jaunt

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-35O953/global-virtual-reality-in-retail

Similar Reports:

1. Metaverse Market: https://reports.valuates.com/market-reports/QYRE-Auto-13Y7748/global-metaverse

2. Augmented and Virtual Reality Market: https://reports.valuates.com/market-reports/ALLI-Auto-4H304/augmented-and-virtual-reality

3. Augmented Reality in Retail Market: https://reports.valuates.com/market-reports/QYRE-Othe-2Z282/ar-in-retail

4. Virtual Dressing Rooms Market: https://reports.valuates.com/market-reports/QYRE-Othe-3E330/global-virtual-dressing-rooms

5. Virtual Event Platforms Market: https://reports.valuates.com/market-reports/QYRE-Auto-16P5807/global-virtual-event-platforms

https://reports.valuates.com/sitemap/html/reports/215
https://reports.valuates.com/sitemap/html/reports/216
https://reports.valuates.com/sitemap/html/reports/217

Phone:
U.S. (TOLL FREE) : +1 (315) 215-3225
India: +91 8040957137

Email Id:
Please reach us at sales@valuates.com

Valuates offers an extensive collection of market research reports that helps companies to take intelligent strategical decisions based on current and forecasted Market trends.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Virtual Reality (VR) in Retail Market Size, Insights, Share, Growth, Revenue, Worth, Analysis, Segmentation, Key Players | Valuates Reports here

News-ID: 2884395 • Views:

More Releases from Valuates Reports

2-Oxazolidinone Market Revenue, Insights, Overview, Outlook, Analysis | Valuates …
2-Oxazolidinone Market Size The global market for 2-Oxazolidinone was valued at US$ 732 million in the year 2024 and is projected to reach a revised size of US$ 916 million by 2031, growing at a CAGR of 3.3% during the forecast period. Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-1I12558/Global_2_Oxazolidinone_Market?utm_source=Openpr&utm_medium=Referral This report aims to provide a comprehensive presentation of the global market for 2-Oxazolidinone, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess
Strontium-88 Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Re …
Strontium-88 Market Size The global market for Strontium-88 was valued at US$ 89 million in the year 2024 and is projected to reach a revised size of US$ 126 million by 2031, growing at a CAGR of 5.2% during the forecast period. Download Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-34T9158/Global_Strontium_Market?utm_source=Openpr&utm_medium=Referral This report aims to provide a comprehensive presentation of the global market for Strontium-88, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess
Cobalt Sulfate Heptahydrate Market Revenue, Insights, Overview, Outlook, Analysi …
Cobalt Sulfate Heptahydrate Market Size The global market for Cobalt Sulfate Heptahydrate was valued at US$ 449 million in the year 2024 and is projected to reach a revised size of US$ 729 million by 2031, growing at a CAGR of 6.9% during the forecast period. Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-19T19438/Global_Cobalt_Sulfate_Heptahydrate_Market?utm_source=Openpr&utm_medium=Referral The 2025 U.S. tariff policies introduce profound uncertainty into the global economic landscape. This report critically examines the implications of recent tariff adjustments
Ultrasonic Fabric Cutting and Sealing Machine Market Revenue, Insights, Overview …
Ultrasonic Fabric Cutting and Sealing Machine Market Size The global market for Ultrasonic Fabric Cutting and Sealing Machine was valued at US$ 1200 million in the year 2024 and is projected to reach a revised size of US$ 2091 million by 2031, growing at a CAGR of 8.2% during the forecast period. Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-12M18905/Global_Ultrasonic_Fabric_Cutting_and_Sealing_Machine_Market?utm_source=Openpr&utm_medium=Referral This report aims to provide a comprehensive presentation of the global market for Ultrasonic Fabric Cutting and

All 5 Releases


More Releases for Virtual

Virtual Office Staff and Fortitude Virtual Professionals Unite to Elevate Virtua …
On May 5, 2025, two esteemed virtual assistant agencies-Virtual Office Staff and Fortitude Virtual Professionals-officially merged, forming a dynamic alliance poised to redefine the standards of virtual executive support and business operations. This strategic merger combines the strengths of both organizations, uniting their commitment to delivering top-tier virtual office services that exceed client expectations. Operating under the Fortitude Virtual Professionals brand, the unified entity leverages a robust infrastructure and a reputation
Virtual Assistance Revolution: Intelligent Virtual Assistants Market (2023-2032)
Global Intelligent Virtual Assistants Market Scope and Overview Report 2023-2032 "According to the research report, the global intelligent virtual assistant market was valued at USD 2.62 billion in 2022 and is expected to reach USD 22.45 billion by 2032, to grow at a CAGR of 24.0% during the forecast period." This visionary report entitled Intelligent Virtual Assistants Market: By Size, Latest Trends, Share, Huge Growth, Segments, Analysis and Forecast, 2030 published by
Virtual Workplace Market Seeking Excellent Growth | Opus Virtual Offices, Blackm …
Advance Market Analytics published a new research publication on "Virtual Workplace Market Insights, to 2027" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Virtual Workplace market was mainly driven by the increasing R&D spending across the world. Get Free Exclusive PDF Sample Copy of
Virtual Internet launches “On-Demand” Virtual Data Centers
LONDON, England Feb. 21, 2011 | Virtual Internet – Virtual Internet has announced a new cloud package called Virtual Data Centers which allow IT managers to virtualize their infrastructure “on-demand” via the Internet. The new self-service package allows managers to slice and dice a minimum of 10GB (or more) of physical disk space and/or physical memory into multiple configurations at will. Incorporating the best features of a private cloud and Infrastructure-as-a-Service (IaaS),
Caribbean Association Of Virtual Assistants Open Virtual Assistant Directory To …
CAVA Seeks Outside Assistance In Order To Meet Increased Demands For Virtual Assistants The Caribbean Association Of Virtual Assistants, the Caribbean’s leading association for virtual assistants is set to accept listings from virtual assistants the world over. The industry is still fairly new in the Caribbean and due to ever-increasing demands for the services provided by members of the association, the directors have made the decision to seek outside assistance. Virtual assistants
Virtual Assistants Become a Little Less Virtual
Toronto, Canada … North American Virtual Assistants and particularly Canadian VA’s have never before had the opportunity to meet and exchange views in this kind of forum and on Canadian soil. Barb Lang, a Toronto based Virtual Assistant specializing in Event Planning, saw a need for new and seasoned VA’s to meet in person in order to exchange ideas and business expertise in a mastermind / workshop type event.