Augmented Reality in Retail Market

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Augmented Reality in Retail Market
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The global augmented reality in retail market
size was valued at 2 billion in 2021, and is
projected to reach 61.3 billion by 2031, growing
at a CAGR of 41.4 from 2022 to 2031.
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Augmented reality means bringing digital objects
into the real world. Augmented reality is the
layering of the digital components onto our
physical reality often done through a viewing
device such as a phone, tablet, or AR glasses.
AR is used in the retail sector to enhance or
augment the world with digital technology. AR in
retail delivers visual elements, sound, and other
sensory information to the user through a device
like a smartphone or glasses.
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Impact of Covid-19
The growing need for augmented reality among
enterprises to improve their customers needs and
to upsurge their revenue opportunities, by
allowing them to take their phones and scan a
particular furniture piece and then superimpose
that into your rooms image.
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Various industries are adopting augmented and
virtual reality solutions for improving the loss
suffered owing to the pandemic situation and to
improve their market share. However, the massive
demand for AR devices was restrained by the
disruption of the supply chain during the
pandemic due to various lockdowns.
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Market is segmented into By Application
Information Systems
Advertising and Marketing
Planning and Designing
Try on Solutions
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Segmentation By Region 
U.S., Canada
North America 
U.K., Germany, France, Spain, Italy, Rest of
Europe
Europe
China, Japan, South Korea, India, Australia, Rest
of Asia-Pacific
Asia-Pacific
LAMEA
Latin America, Middle East, Africa
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Leading Market Players 
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Contact
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