Press release
Leading Element Driving Change in the Virtual Mirror Market in 2025: Virtual Mirror Market Growth Driven By Online Shopping Driver
Virtual Mirror Market
The surge in online buying trends is anticipated to drive the expansion of the virtual mirror market. E-commerce, a digital way of purchasing goods and services directly from sellers over internet platforms, is referred to as online shopping. Mobile-based applications offer virtual mirrors that allow users to change their look by tweaking their hairstyle, make-up or accessories. Employed during online shopping and in-store shopping, this technology aids people in visualizing the potential look of an item or accessory on them. As per the Indian Brand Equity Foundation, an export promotion agency based in India, the Indian e-commerce market is predicted to expand by 21.5% in 2022, culminating a substantial amount of $74.8 billion. Consequently, the growing trend in online shopping is fuelling the growth of the virtual mirror market.
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How will the growth rate of the virtual mirror market shape industry trends by 2034?
The market size of the virtual mirror has seen exponential growth in the recent past. It is projected to expand from $10.88 billion in 2024 to $13.14 billion in 2025, with an annual compound growth rate (CAGR) of 20.8%. Factors contributing to the growth during the historical period include customer expectations, market distinctiveness and innovation, enhanced user interfaces, trends in the fashion and beauty industry, as well as the adoption of mobile and augmented reality (AR).
Forecasts suggest the virtual mirror industry will witness robust expansion in the coming years, with its valuation predicted to reach $30.42 billion by 2029, reflecting a compound annual growth rate (CAGR) of 23.3%. Multiple factors are predicted to contribute to this growth during the forecast period, including environmental and sustainability concerns, intensified market competition, improved user experiences, retail innovations and customer engagement, as well as integration of mobile AR and apps. Key trends likely to shape the forecast period include advancements in augmented reality (AR), contact-free shopping and remote product trial, integration with e-commerce and online retail, wider industry applications and improved mobile accessibility.
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What trends are poised to drive the future success of the virtual mirror market?
The emergence of new product innovations is a significant trend that is becoming prevalent in the virtual mirror market. To maintain their standing in the industry, major firms in the virtual mirror sector are concentrating on launching fresh products. For instance, My Size Inc., a company based in the United States, introduced a new smart mirror in January 2022. This unique mirror gives customers the ability to try on clothes and get size recommendations. It employs the retail solutions of GK Software and the sizing technology powered by AI from MySize to smooth over the try-on process, making size selection more accurate. The MySizeID Mirror can be effortlessly incorporated into a variety of retail environments, such as fitting rooms and areas with heavy foot traffic.
Which primary segments of the virtual mirror market are driving growth and industry transformations?
The virtual mirror market covered in this report is segmented -
1) By Component: Software, Hardware, Services
2) By Deployment Mode: Cloud, On-Premises
3) By Technology: 3D Body Scanning, Photo Accurate VFR, 3D Augmented Reality And Virtual Reality
4) By Industry: Retail, Other Industries
Subsegments:
1) By Software: Augmented Reality (AR) Software, Virtual Try-On Applications, Customization And Personalization Tools
2) By Hardware: Display Screens, Cameras And Sensors, Interactive Touchscreens
3) By Services: Installation And Setup Services, Maintenance And Support Services, Consulting Services For Integration
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Which geographical regions are pioneering growth in the virtual mirror market?
North America was the largest region in the virtual mirror market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the virtual mirror market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the influential players reshaping the virtual mirror market landscape?
Major companies operating in the virtual mirror market include SenseMi Technologies Pvt. Ltd., Terawe Corporation, Textronics Inc., Virtooal Studio SRL, ICON Multimedia S. L., Cisco Systems Inc., Fitnect Interactive Inc., Metail Limited, MemoMi Labs Inc., Zugara Inc., My Size Inc., Virtusize Co. Ltd., DigitalDM Inc., ViuBox S. L., Dressformer LLC, Astrafit LLC, Virtalis Limited, Vizoo GmbH, zSpace Inc., 3D-A-Porter Limited, Styku Inc., Total Immersion SAS, ViewAR GmbH, Vuforia Solutions Inc., Wikitude GmbH, YouAR GmbH, Zappar Limited, Blippar Limited
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What Is Covered In The Virtual Mirror Global Market Report?
•Market Size Forecast: Examine the virtual mirror market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the virtual mirror market for a structured understanding.
•Key Players Overview: Analyze major players in the virtual mirror market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the virtual mirror market.
•Segment Contributions: Evaluate how different segments drive overall growth in the virtual mirror market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the virtual mirror market.
•Industry Challenges: Identify potential risks and obstacles affecting the virtual mirror market.
•Competitive Landscape: Review strategic developments in the virtual mirror market, including expansions, agreements, and new product launches.
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