Retail & Fashion
experience that benefits both customers and the brand.
VR & AR BENEFITS FOR RETAIL & FASHION
Did you know that you can...?
– save your return rates just to 2%
– increase the number of customers who are willing to pay extra by 47%
– have up to 94% conversion lift
– up to 174% increase in revenue
– have 71% of customers buy more often
MARKET VISION 2022 FOR THE RETAIL & FASHION INDUSTRY
Have you heard that...?
– the return of this market will increase to roughly 2.25 trillion U.S. dollars by 2025
– by the end of 2022, over 120,000 stores will leverage augmented reality
– the global AR and VR in retail are expected to grow at 24.8% CAGR to reach US$17.86 billion by 2028
– 3 of 10 customers want virtual dressing rooms instead of going to a store for clothes
– VR provides unique avenues for improving brand awareness and making business processes (like training) more effective
trillion U. S.
dollars by 2025
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