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The Global Virtual Mirror market is expected to reach $19.70 billion by 2026 growing at a CAGR of 23.5% during 2019 to 2026. A virtual mirror is a device that projects a user's own image on a screen as if that screen were a mirror. A virtual exterior mirror is being broadly used in the automotive segment as if offers a better viewing experience and broader camera angle and LCD in the vehicle. These virtual mirrors are also becoming extremely popular in retail stores such as apparel and accessories stores for people to try out their favorite items virtually. These mirrors are particularly becoming popular across e-commerce channels as it provides users with an opportunity to check out how the item will look in their surrounding with the help of virtual reality or augmented reality. Factors such as ease of trying clothes in a virtual environment in stores, growth of the e-commerce channel, increased emphasis on hygiene for cosmetic & other retail items, and increasing number of e-commerce platforms and usage of internet for retailing are driving the market growth. However, the government regulation limiting the use of virtual mirrors in automobiles is hampering the market growth. Amongst component, the software segment is anticipated to grow at the significant rate during the forecast period. The demand for software can be attributed to the need for providing visual interactive features on dedicated hardware systems such as kiosks and mirrors. The software ensures compatible display on apps and websites for trying clothes and accessories in a virtual world. For instance, L’Oreal deployed an AR-based virtual mirror that enables virtual makeup try-on to provide the effect and feel of the actual product. The key vendors mentioned are Metail Limited, Fits.me Holdings Limited, Virtual On Ltd., 3D-A-Porter, Cisco Systems, Inc., Styku, Inc., ViuBox, Zugara, Inc., True Fit Corporation, SenseMi ViuBox, MemoMi Labs, Virtusize Co., Ltd., DigitalDM, Virtooal Ltd., Dressformer, and My Size, Inc. Deployment Modes Covered: • Cloud • On-premises Technologies Covered: • 3D Body Scanning • 3D Augmented Reality & Virtual Reality • Photo Accurate VFR (Visual Flight Rules) Components Covered: • Services • Software • Hardware End Users Covered: • Automotive • Retail Applications Covered: • Kiosk • Web • Mobile Regions Covered: • North America • Europe • Asia Pacific • South America • Middle East & Africa Key Questions Answered in this Report: • How this market evolved since the year 2018 • Market size estimations, forecasts and CAGR for all the segments presented in the scope • Key Market Developments and financials of the key players • Opportunity Analysis for the new entrants • SWOT Analysis of the key players • Fastest growing markets analysed during the forecast period
1 Market Synopsis
2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources
3 Market Dynamics
3.1 Drivers
3.2 Restraints
4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Virtual Mirror Market, By Deployment Mode
5.1 Introduction
5.2 Cloud
5.3 On-premises
6 Global Virtual Mirror Market, By Technology
6.1 Introduction
6.2 3D Body Scanning
6.3 3D Augmented Reality & Virtual Reality
6.4 Photo Accurate VFR (Visual Flight Rules)
7 Global Virtual Mirror Market, By Component
7.1 Introduction
7.2 Services
7.3 Software
7.4 Hardware
8 Global Virtual Mirror Market, By End User
8.1 Introduction
8.2 Automotive
8.3 Retail
9 Global Virtual Mirror Market, By Application
9.1 Introduction
9.2 Kiosk
9.3 Web
9.4 Mobile
10 Global Virtual Mirror Market, By Geography
10.1 Introduction
10.2 North America
10.3 Europe
10.4 Asia Pacific
10.5 South America
10.6 Middle East & Africa
11 Strategic Benchmarking
12 Vendors Landscape
12.1 Metail Limited
12.2 Fits.me Holdings Limited
12.3 Virtual On Ltd.
12.4 3D-A-Porter
12.5 Cisco Systems, Inc.
12.6 Styku, Inc.
12.7 ViuBox
12.8 Zugara, Inc.
12.9 True Fit Corporation
12.10 SenseMi ViuBox
12.11 MemoMi Labs
12.12 Virtusize Co., Ltd.
12.13 DigitalDM
12.14 Virtooal Ltd.
12.15 Dressformer
12.16 My Size, Inc.
List of Data Tables
1 Global Virtual Mirror Market Outlook, By Region (2018-2026) ($MN)
2 Global Virtual Mirror Market Outlook, By Deployment Mode (2018-2026) ($MN)
3 Global Virtual Mirror Market Outlook, By Cloud (2018-2026) ($MN)
4 Global Virtual Mirror Market Outlook, By On-premises (2018-2026) ($MN)
5 Global Virtual Mirror Market Outlook, By Technology (2018-2026) ($MN)
6 Global Virtual Mirror Market Outlook, By 3D Body Scanning (2018-2026) ($MN)
7 Global Virtual Mirror Market Outlook, By 3D Augmented Reality & Virtual Reality (2018-2026) ($MN)
8 Global Virtual Mirror Market Outlook, By Photo Accurate VFR (Visual Flight Rules) (2018-2026) ($MN)
9 Global Virtual Mirror Market Outlook, By Component (2018-2026) ($MN)
10 Global Virtual Mirror Market Outlook, By Services (2018-2026) ($MN)
11 Global Virtual Mirror Market Outlook, By Software (2018-2026) ($MN)
12 Global Virtual Mirror Market Outlook, By Hardware (2018-2026) ($MN)
13 Global Virtual Mirror Market Outlook, By End User (2018-2026) ($MN)
14 Global Virtual Mirror Market Outlook, By Automotive (2018-2026) ($MN)
15 Global Virtual Mirror Market Outlook, By Retail (2018-2026) ($MN)
16 Global Virtual Mirror Market Outlook, By Application (2018-2026) ($MN)
17 Global Virtual Mirror Market Outlook, By Kiosk (2018-2026) ($MN)
18 Global Virtual Mirror Market Outlook, By Web (2018-2026) ($MN)
19 Global Virtual Mirror Market Outlook, By Mobile (2018-2026) ($MN)
20 North emerica Virtual Mirror Market Outlook, By Deployment Mode (2018-2026) ($MN)
21 North emerica Virtual Mirror Market Outlook, By Technology (2018-2026) ($MN)
22 North emerica Virtual Mirror Market Outlook, By Component (2018-2026) ($MN)
23 North emerica Virtual Mirror Market Outlook, By End User (2018-2026) ($MN)
24 North emerica Virtual Mirror Market Outlook, By Application (2018-2026) ($MN)
25 Europe Virtual Mirror Market Outlook, By Deployment Mode (2018-2026) ($MN)
26 Europe Virtual Mirror Market Outlook, By Technology (2018-2026) ($MN)
27 Europe Virtual Mirror Market Outlook, By Component (2018-2026) ($MN)
28 Europe Virtual Mirror Market Outlook, By End User (2018-2026) ($MN)
29 Europe Virtual Mirror Market Outlook, By Application (2018-2026) ($MN)
30 Asia Pacific Virtual Mirror Market Outlook, By Deployment Mode (2018-2026) ($MN)
31 Asia Pacific Virtual Mirror Market Outlook, By Technology (2018-2026) ($MN)
32 Asia Pacific Virtual Mirror Market Outlook, By Component (2018-2026) ($MN)
33 Asia Pacific Virtual Mirror Market Outlook, By End User (2018-2026) ($MN)
34 Asia Pacific Virtual Mirror Market Outlook, By Application (2018-2026) ($MN)
35 South America Virtual Mirror Market Outlook, By Deployment Mode (2018-2026) ($MN)
36 South America Virtual Mirror Market Outlook, By Technology (2018-2026) ($MN)
37 South America Virtual Mirror Market Outlook, By Component (2018-2026) ($MN)
38 South America Virtual Mirror Market Outlook, By End User (2018-2026) ($MN)
39 South America Virtual Mirror Market Outlook, By Application (2018-2026) ($MN)
40 Middle East & Africa Virtual Mirror Market Outlook, By Deployment Mode (2018-2026) ($MN)
41 Middle East & Africa Virtual Mirror Market Outlook, By Technology (2018-2026) ($MN)
42 Middle East & Africa Virtual Mirror Market Outlook, By Component (2018-2026) ($MN)
43 Middle East & Africa Virtual Mirror Market Outlook, By End User (2018-2026) ($MN)
44 Middle East & Africa Virtual Mirror Market Outlook, By Application (2018-2026) ($MN)