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AR and VR in Commerce Market Forecast to Reach $3.2 Billion by 2026


AR and VR in Commerce Market Forecast to Reach $3.2 Billion by 2026
The Market Is Driven by Increasing Popularity of Augmented & Virtual Reality Devices Due to Better User Engagement With High Recall Rate.
BriefingWire.com, 4/21/2021 -
The market for AR and VR in Commerce is forecast to reach $3.2 billion by 2026, growing at a CAGR of 28.4% from 2021 to 2026. The market is driven by increasing popularity of Augmented & Virtual Reality Devices due to better user engagement with high recall rate. 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. For example, recently, IKEA launched an application called “IKEA Place ....

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Technavio Research: Social Commerce Market 2020-2024- Featuring Alibaba Group Holding Ltd., Etsy Inc., Facebook Inc., Among Others to Contribute for the Market Growth


Technavio Research: Social Commerce Market 2020-2024- Featuring Alibaba Group Holding Ltd., Etsy Inc., Facebook Inc., Among Others to Contribute for the Market Growth
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201222005504/en/
Technavio has announced its latest market research report titled Global Social Commerce Market 2020-2024 (Graphic: Business Wire)
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The report on the social commerce market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis. ....

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