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Uses of Augmented Reality & Virtual Reality Market for Commerce Industry
The commerce industry saw a huge change when e-commerce concept gained mass adoption. Prominent companies such as Walmart, Blockbuster suffered when people began purchasing products online, and players such as Amazon, eBay and Netflix gathered the majority of market share. Augmented reality and virtual reality could become an extension to e-commerce.
According to the new market research report by IndustryARC titled “Augmented Reality & Virtual Reality Market for Commerce Industry: By Device (AR Device, VR Device); By Application (Tourism, e-learning, e-commerce, advertisement) By Geography & Forecast (2018–2024)”, the market is driven by increasing popularity of Augmented & Virtual Reality Devices due to better user engagement with high recall rate.
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Americas hold the largest market share in the Augmented Reality and Virtual Reality in Commerce:
Americas region holds the largest market share in the Artificial Intelligence in Commerce Market. However, APAC witnesses highest growth during the forecast period and is expected to reach.
Selected Impact Analysis Done in the Full Report:
Augmented Reality and Virtual Reality has opened up new avenues for Commerce Industry. V-Commerce (Virtual Commerce, which is Augmented and Virtual Reality integrated Commerce) has brought in quite a remarkable change in the online retail world, as Augmented Reality doesn’t require or requires less hardware and requires devices that most people are familiar with such as tablets and smartphones.
Both Augmented Reality and Virtual Reality technically elaborates the scope of E-Commerce and took the interaction to a whole new level altogether.
Selected Driving Factors Mentioned in the Report:
MAR (Mobile Augmented Reality) is expected to account for more than 52% of AR Application Market by 2023
Mixed Reality is likely to be a key driver for implantable payment market.
A.Augmented and Virtual Reality Market
B.Industry 4.0 Market
Key players of Augmented Reality and Virtual Reality in Commerce Market:
eBay and IKEA are considered to be the key players of Artificial Intelligence and Virtual Intelligence in Commerce Market.
Augmented Reality and Virtual Reality Market in Commerce Report is segmented as indicated below:
A.Augmented Reality and Virtual Reality in Commerce Market By Device:
1 Augmented Reality Devices
1.1 Head-Mounted Displays
1.2 Head-Up Display (HUD)
1.3 Handheld Device
2 Virtual Reality Devices
2.1 Head-Mounted Display (HMD)
2.2 Projector & Display Wall
B.Augmented Reality and Virtual Reality Market in Commerce By Application
3.1 Beauty & Cosmetics
1. Oculus Inc.
2. Vuzix Corporation
3. Eon Reality Inc.
4. Infinity Augmented Reality Inc.
5. Magic Leap Inc.
6. Blippar Inc.
What can you expect from the report?
The Augmented Reality and Virtual Reality in Commerce Market is Prepared with the Main Agenda to Cover the following 20 points:
1.Market Size by Product Categories
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