Title: Future of AR VR in Retail Industry
1FUTURE OF AR VR IN RETAIL INDUSTRY
2Introduction
- Do you know AR VR are the new innovative
technologies that will be the future of Retail.
As per Statista, AR/VR application download is
predicted to be at over 5.5 billion by 2022. - Also, as per Digi-capital AR/VR market is
predicted to reach around a 65 billion market by
2024. - With such a huge potential market, retail
businesses must look forward to adopting these AR
VR technologies.
3Why AR VR for the Retail Industry
- First foremost you should know why AR VR for
the Retail Industry How AR VR technology is
going to help you increase your business sales. - Implementation of AR and VR in retail helps
retailers and consumers alike have a better
shopping experience while reducing operating
costs for retailers, and offering an immersive,
engaging experience to consumers.
4AR VR Market Size
5How AR VR Technology Helps Businesses
- Virtual Reality has been grabbing headlines these
days. However, its relative - AR - is also
well-known in the retail industry. - In general, brick-and-mortar stores are a great
place for implementing these technologies.
Augmented and Virtual Reality solutions don't
need to be money-generating in retail commerce,
since the cornerstone here is the customer
experience. - Thanks to Virtual Reality, customers can enjoy
the perks of being able to see how the chosen
items will look on them.
6Create Better Online Shopping Experiences
- With AR technology consumers can use their
smartphones to bring life to a product and see
what it might look like in their homes, on their
tables or walls, or even on themselves.
7In-store Navigation
- By using AR to facilitate in-store navigation,
you can help consumers reduce the time spent and
interactions in the store. - You can choose to provide consumers with
directions to the stores from different mall
entrances or with in-door maps to enable them to
find items quickly in the store.
8Contactless Trial
- Clothing and apparel retail outlets depend on
consumers to try out their products in stores. - Consumers will be reluctant to try out clothes
that might have possibly come into contact with
others. - To overcome this obstacle, you can use AR with
video walls and image recognition to virtually
enable product trials in stores.
9Product Search and Customization Assistance
- Another potential AR area is product search.
Although Augmented Reality solutions may seem a
bit extra, they can streamline the buying
experience by adjusting some features. - Additionally, Virtual Reality can revamp the
product customization. Not only will customers
choose a specific color, but they can also
fine-tune some features to their liking.
10Conclusion
- Today, Augmented Reality, and the Virtual Reality
shopping experience, are in high demand. You, as
a retail person, can be ahead of the curve by
making use of these technologies in your
business. Although we cannot foresee the future
of ARVR in retail, we firmly believe that the
best is yet to come, thus reach the best ar vr
app developers for innovative ar vr app services. - Call us _at_ 91 7676336524
- Email info_at_devdensolutions.com