Virtual Fitting Room Market Size, Share, Opportunities, And Trends By By Component (Hardware, Software And Services), By Industry Vertical (Apparel, Beauty And Cosmetic, Eyewear, Footwear, Others), And By Geography - Forecasts From 2023 To 2028

The virtual fitting room market has gained significant momentum in recent years due to advancements in technology and the increasing popularity of online shopping. A virtual fitting room is a technology-based solution that allows customers to try on clothes virtually before making a purchase. These solutions use augmented reality (AR) and virtual reality (VR) technologies to create a 3D simulation of the customer's body, allowing them to see how different clothing items look and fit on them in real time. The growing need for individualized and immersive online shopping experiences is fueling the virtual fitting room market. Consumers are increasingly looking for ways to virtually try on clothing before making a purchase to make sure it fits properly and looks good. The COVID-19 epidemic has bolstered this tendency by making more people stay at home, which has increased online buying. The virtual fitting room market is anticipated to expand over the next several years as more stores and e-commerce businesses use this technology to enhance customer shopping and boost sales.

The virtual fitting room market is driven by growing demand for virtual shopping, e-commerce, and technological developments.

The virtual fitting room market is largely driven by the rising desire for virtual and customized shopping experiences. Modern customers want shopping experiences that are personalized to their unique requirements and interests. Customers can try on garments virtually in virtual fitting rooms to see how they fit without physically entering a store, offering a personalized and engaging experience. This improves the purchasing experience and encourages customer loyalty and trust. Retailers and e-commerce businesses are using virtual fitting rooms to improve the online buying experience and boost sales as a result of the growing popularity of online shopping. According to data from the US Census Bureau, the second quarter of 2020 saw a 44.0% rise in e-commerce sales in the US due to COVID-19's effects on consumer behavior.

Another significant factor driving the market for virtual changing rooms is the development of augmented reality (AR) and virtual reality (VR) technology. Virtual fitting rooms that are realistic and immersive due to AR and VR technology can now give customers a more exact idea of how the clothing will fit and appear on them. Customers can engage with virtual goods in real time and view how they would appear in various settings and lighting conditions thanks to these technologies.

Key developments.

• In September 2022, multinational retail company Walmart introduced Be Your Own Model, a virtual try-on tool that aims to replicate the experience of a store fitting room for online shoppers. Be Your Own Model makes use of machine learning and techniques that were first used to create more precise topographic maps. According to Walmart, the new function allows consumers to use their photos to see how the clothing will appear on them. Customers can use the function by uploading a photo of them through the Walmart iOS app. They can digitally try on more than 270,000 items from Walmart's portfolio of private brands and exclusive brands after saving them.
• In February 2023, US company 3DLook, a pioneer in AI-first mobile body measuring and virtual try-on solutions unveiled the launch of YourFit 2.0, an omnichannel fashion personalization and engagement platform. The solution is designed to aid fashion brands and retailers in battling sharp increases in return rates, with privacy and inclusivity at its foundation. Powered by its patented core technology that precisely captures and immediately processes customers' body data, the company claims that YourFit 2.0 offers the exceptional integration of an engaging photorealistic virtual try-on and instant feedback on size.

Based on the industry vertical, the virtual fitting room market is expected to witness positive growth in the eyewear segment.

Virtual fitting rooms are used in the eyewear segment to provide customers with a personalized and convenient shopping experience. They are used for several purposes including virtual try-ons and virtual consultations. For instance, Lenskart, one of the leading online eyewear retailers in India offers several eyewear virtual fitting room services like 3D try-on technology. Lenskart has developed its own 3D try-on technology, which allows customers to virtually try on glasses and see how they look from different angles. This technology uses facial recognition and 3D imaging to provide an accurate representation of how the glasses would look on the customer's face.

North America represents a sizable market for virtual changing rooms due to the widespread use of e-commerce and the presence of multiple major competitors. The North American virtual changing room market is primarily concentrated in the US and Canada. The growth of virtual changing rooms is also being fuelled by the region's robust technology infrastructure and strong consumer spending power. Government initiatives in this region’s countries have also benefitted the North American virtual fitting room market. In the United States, the government has developed various efforts to assist the expansion of e-commerce, including the Small Business Administration's (SBA) e-commerce initiative, which gives tools and help to small firms wishing to increase their online presence.

Asia-Pacific is expected to witness significant growth in the virtual fitting room market due to the increasing adoption of e-commerce and the growth of the retail industry in countries like China, India, and Japan. The region is also witnessing significant investment in AR and VR technology, which is expected to drive the adoption of virtual fitting rooms. Furthermore, several countries in the region have introduced initiatives to support the growth of the e-commerce industry, including India's Digital India initiative, which aims to provide access to digital services to all citizens.

Virtual Fitting Room Market Scope:

Key Market Segments

• By Component
  • Hardware
  • Software And Services
• By Industry Vertical
  • Apparel
  • Beauty and Cosmetic
  • Eyewear
  • Footwear
  • Others
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Spain
    • Others
  • Middle East And Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Other
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Indonesia
    • Taiwan
    • Others