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Metaverse in Fashion Market by Platform and Geography - Forecast and Analysis 2022-2026

  • Published: Jul 2022
  • Pages: 130
  • SKU: IRTNTR73936
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The metaverse in fashion market share is expected to increase to USD 6.61 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 36.47%.

This metaverse in fashion market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers metaverse in fashion market segmentation by platform (computer, mobile, and headset) and geography (North America, APAC, Europe, South America, and Middle East and Africa). The metaverse in fashion market report also offers information on several market vendors, including Accenture Plc, Active Theory LLC, adidas AG, Alibaba Group Holding Ltd., Animoca Brands Corp. Ltd, ByteDance Ltd., Gap Inc., Globant SA, Infosys Ltd., Kering SA, Magic Leap Inc., Meta Platforms Inc., Microsoft Corp., Mobiloitte Technologies, NetEase Inc., NexTech AR Solutions Corp., Nike Inc., NVIDIA Corp., Queppelin, Roblox Corp., and Tencent Holdings Ltd. among others.

What will the Metaverse in Fashion Market Size be During the Forecast Period?

Metaverse in Fashion Market Size

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Metaverse in Fashion Market: Key Drivers, Trends, and Challenges

The growing number of fashion brands entering the metaverse platform is notably driving the metaverse in fashion market growth, although factors such as the privacy and security concerns over metaverse may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the metaverse in fashion industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Metaverse in Fashion Market Driver

One of the key factors driving growth in the metaverse in fashion market is the growing number of fashion brands entering the metaverse platform. Metaverse platforms have the potential to transform the online shopping experience. Fashion brands, especially clothing apparel brands, are largely dependent on attractive labels and branding for sales. Clothing apparel brands are using metaverse platforms to enhance brand awareness. in December 2021, Nike Inc. announced its acquisition of RTFKT Inc. (a company that makes digital sneakers) to expand its market base through metaverse during the forecast period. In April 2022, with a joint collaboration, Nike and RTFKT launched a virtual sneaker named RTFKT x Nike Dunk Genesis CRYPTOKICKS collection. These virtual product launches will help improve brand awareness and consumer interaction. The growing presence of fashion brands on metaverse will drive the growth of the market in focus.

Key Metaverse in Fashion Market Trend

The highly personalized digital experience is a metaverse in fashion market trend that is expected to have a positive impact in the coming years. In the field of e-commerce, metaverse has delivered a completely advanced virtual reality. In fact, online shoppers will be able to engage with the clothing apparel of their choice in real-time using their own virtual avatar. If an e-commerce company uses metaverse to build a digital shop, customers will be able to enter, explore, and check out the items they want to buy. They will also be able to communicate with other users. With metaverse technology, brands will be able to provide shoppers with a highly personalized digital experience. Many clothing industries are developing new digitally-enabled selling strategies, such as allowing clients to create customized goods by styling themselves according to their tastes. As a result, metaverse digital stores will become a massive hit in the e-commerce industry, which will positively impact the growth of the global metaverse in fashion market.

Key Metaverse in Fashion Market Challenge

The privacy and security concerns over metaverse will be a major challenge for the metaverse in fashion market during the forecast period. Even though companies and organizations are revolutionizing their IT security systems, data privacy and security have been long-running concerns for the users of the metaverse. Metaverse collects and processes vast amounts of information about users and their environment. Privacy concerns, therefore, are a major challenge to the global metaverse in fashion market. Metaverse can access the personal data of users and may pose a threat to their privacy. User privacy can also be threatened if hackers gain access to the user's device. There are many privacy-related concerns associated with smart gears, such as VR and AR metaverse devices, including Sony PlayStation VR, HTC Vive Series, HP Reverb G2, Microsoft HoloLens, Epson Moverio, and MagicLeap. These glasses automatically screen and process the user's environment, which violates the privacy of the user and those around them. Such developments may hamper the growth of the market in focus during the forecast period.

This metaverse in fashion market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global metaverse in fashion market as a part of the global information technology (IT) spending market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the metaverse in fashion market during the forecast period.

Who are the Major Metaverse in Fashion Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Accenture Plc
  • Active Theory LLC
  • adidas AG
  • Alibaba Group Holding Ltd.
  • Animoca Brands Corp. Ltd
  • ByteDance Ltd.
  • Gap Inc.
  • Globant SA
  • Infosys Ltd.
  • Kering SA
  • Magic Leap Inc.
  • Meta Platforms Inc.
  • Microsoft Corp.
  • Mobiloitte Technologies
  • NetEase Inc.
  • NexTech AR Solutions Corp.
  • Nike Inc.
  • NVIDIA Corp.
  • Queppelin
  • Roblox Corp.
  • Tencent Holdings Ltd.

 

This statistical study of the metaverse in fashion market encompasses successful business strategies deployed by the key vendors. The metaverse in fashion market is fragmented and the vendors are deploying growth strategies such as focusing on acquiring smaller brands to increase their market presence to compete in the market.

Product Insights and News

  • adidas AG - adidas AG is a public company headquartered in Germany. It is a global company generating $24,049.62 million in revenues and has around 61,401 employees. Its revenue from the global metaverse in fashion market contributes to its overall revenues along with its other offerings, but it is not a key revenue stream for the company. 
  • adidas AG - The company offers metaserve platform that comprise virtual wearables that buyers can purchase in online platforms. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The metaverse in fashion market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Metaverse in Fashion Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the metaverse in fashion market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Metaverse in Fashion Market?

Metaverse in Fashion Market Market segmentation by region

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38% of the market's growth will originate from North America during the forecast period. The US is the key market for metaverse in fashion in North America. Market growth in this region will be faster than the growth of the market in the South American and MEA regions.

The presence of key vendors such as Meta Platforms, Inc. and NVIDIA Corp., growing investments in AR technology from key vendors, rise in the adoption of applications that are technologically advanced, and strong research activities to increase the application of metaverse will facilitate the metaverse in fashion market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The rapid spread of COVID-19 adversely impacted the economy of North America, especially the US, in 2020. Several commercial enterprises, industries, and institutions partially shut down their operations due to the imposition of lockdowns. In 2021, the time spent on digital media increased by 42.87% in the US when compared with that in 2020. This further increased the demand for VR/AR platforms since H2 2020, which accelerated the growth of the regional metaverse in fashion market.

What are the Revenue-generating Platform Segments in the Metaverse in Fashion Market?

Metaverse in Fashion Market Segmentation

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The metaverse in fashion market share growth by the computer segment will be significant during the forecast period. The emergence of metaverse in fashion has provided a highly personalized digital experience. Furthermore, with metaverse, many fashion industries are developing new digitally-enabled selling strategies, such as allowing clients to create customized goods that they can style as per their tastes. This has forced large e-commerce companies to compete and make their products more accessible to customers. Such factors are expected to contribute to segment growth globally during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the metaverse in fashion market size and actionable market insights on post COVID-19 impact on each segment.

 

Metaverse in Fashion Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 36.47%

Market growth 2022-2026

$ 6.61 billion

Market structure

Fragmented

YoY growth (%)

30.5

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 38%

Key consumer countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Accenture Plc, Active Theory LLC, adidas AG, Alibaba Group Holding Ltd., Animoca Brands Corp. Ltd, ByteDance Ltd., Gap Inc., Globant SA, Infosys Ltd., Kering SA, Magic Leap Inc., Meta Platforms Inc., Microsoft Corp., Mobiloitte Technologies, NetEase Inc., NexTech AR Solutions Corp., Nike Inc., NVIDIA Corp., Queppelin, Roblox Corp., and Tencent Holdings Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Data Covered in this Metaverse in Fashion Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive metaverse in fashion market growth during the next five years
  • Precise estimation of the metaverse in fashion market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the metaverse in fashion industry across North America, APAC, Europe, South America, and Middle East and Africa
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of metaverse in fashion market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Platform
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Platform

    • 5.1 Market segments
      • Exhibit 24: Chart on Platform - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Platform - Market share 2021-2026 (%)
    • 5.2 Comparison by Platform
      • Exhibit 26: Chart on Comparison by Platform
      • Exhibit 27: Data Table on Comparison by Platform
    • 5.3 Computer - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Computer - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Computer - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Computer - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Computer - Year-over-year growth 2021-2026 (%)
    • 5.4 Mobile - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Mobile - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Mobile - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Mobile - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Mobile - Year-over-year growth 2021-2026 (%)
    • 5.5 Headset - Market size and forecast 2021-2026
      • Exhibit 36: Chart on Headset - Market size and forecast 2021-2026 ($ million)
      • Exhibit 37: Data Table on Headset - Market size and forecast 2021-2026 ($ million)
      • Exhibit 38: Chart on Headset - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on Headset - Year-over-year growth 2021-2026 (%)
    • 5.6 Market opportunity by Platform
      • Exhibit 40: Market opportunity by Platform ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 42: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 44: Chart on Geographic comparison
      • Exhibit 45: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 APAC - Market size and forecast 2021-2026
      • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.5 Europe - Market size and forecast 2021-2026
      • Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.6 South America - Market size and forecast 2021-2026
      • Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 China - Market size and forecast 2021-2026
      • Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.10 Germany - Market size and forecast 2021-2026
      • Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.11 UK - Market size and forecast 2021-2026
      • Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.12 Japan - Market size and forecast 2021-2026
      • Exhibit 82: Chart on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 83: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 84: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 86: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 87: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 89: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 90: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 91: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 92: Matrix on vendor position and classification
            • 10.3 adidas AG
              • Exhibit 93: adidas AG - Overview
              • Exhibit 94: adidas AG - Business segments
              • Exhibit 95: adidas AG - Key news
              • Exhibit 96: adidas AG - Key offerings
              • Exhibit 97: adidas AG - Segment focus
            • 10.4 Globant SA
              • Exhibit 98: Globant SA - Overview
              • Exhibit 99: Globant SA - Product / Service
              • Exhibit 100: Globant SA - Key news
              • Exhibit 101: Globant SA - Key offerings
            • 10.5 Kering SA
              • Exhibit 102: Kering SA - Overview
              • Exhibit 103: Kering SA - Business segments
              • Exhibit 104: Kering SA - Key offerings
              • Exhibit 105: Kering SA - Segment focus
            • 10.6 Meta Platforms Inc.
              • Exhibit 106: Meta Platforms Inc. - Overview
              • Exhibit 107: Meta Platforms Inc. - Business segments
              • Exhibit 108: Meta Platforms Inc. - Key news
              • Exhibit 109: Meta Platforms Inc. - Key offerings
              • Exhibit 110: Meta Platforms Inc. - Segment focus
            • 10.7 Microsoft Corp.
              • Exhibit 111: Microsoft Corp. - Overview
              • Exhibit 112: Microsoft Corp. - Business segments
              • Exhibit 113: Microsoft Corp. - Key news
              • Exhibit 114: Microsoft Corp. - Key offerings
              • Exhibit 115: Microsoft Corp. - Segment focus
            • 10.8 Nike Inc.
              • Exhibit 116: Nike Inc. - Overview
              • Exhibit 117: Nike Inc. - Business segments
              • Exhibit 118: Nike Inc. - Key news
              • Exhibit 119: Nike Inc. - Key offerings
              • Exhibit 120: Nike Inc. - Segment focus
            • 10.9 NVIDIA Corp.
              • Exhibit 121: NVIDIA Corp. - Overview
              • Exhibit 122: NVIDIA Corp. - Business segments
              • Exhibit 123: NVIDIA Corp. - Key news
              • Exhibit 124: NVIDIA Corp. - Key offerings
              • Exhibit 125: NVIDIA Corp. - Segment focus
            • 10.10 Queppelin
              • Exhibit 126: Queppelin - Overview
              • Exhibit 127: Queppelin - Product / Service
              • Exhibit 128: Queppelin - Key offerings
            • 10.11 Roblox Corp.
              • Exhibit 129: Roblox Corp. - Overview
              • Exhibit 130: Roblox Corp. - Product / Service
              • Exhibit 131: Roblox Corp. - Key offerings
            • 10.12 Tencent Holdings Ltd.
              • Exhibit 132: Tencent Holdings Ltd. - Overview
              • Exhibit 133: Tencent Holdings Ltd. - Business segments
              • Exhibit 134: Tencent Holdings Ltd. - Key offerings
              • Exhibit 135: Tencent Holdings Ltd. - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 136: Inclusions checklist
                • Exhibit 137: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 138: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 139: Research methodology
                • Exhibit 140: Validation techniques employed for market sizing
                • Exhibit 141: Information sources
              • 11.5 List of abbreviations
                • Exhibit 142: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Metaverse in Fashion Market market growth will increase by $6.61 bn during 2022-2026.
              The metaverse in fashion market market is expected to grow at a CAGR of 36.47% during 2022-2026.
              Technavio has segmented the metaverse in fashion market market by platform (computer, mobile, and headset) and geography (North America, APAC, Europe, South America, and Middle East and Africa).
              Accenture Plc, Active Theory LLC, adidas AG, Alibaba Group Holding Ltd., Animoca Brands Corp. Ltd, ByteDance Ltd., Gap Inc., Globant SA, Infosys Ltd., Kering SA, Magic Leap Inc., Meta Platforms Inc., Microsoft Corp., Mobiloitte Technologies, NetEase Inc., NexTech AR Solutions Corp., Nike Inc., NVIDIA Corp., Queppelin, Roblox Corp., Tencent Holdings Ltd. are a few of the key vendors in the metaverse in fashion market market.
              North America will register the highest growth rate of 38% among the other regions. Therefore, the metaverse in fashion market market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the metaverse in fashion market market growth are:
              • Growing number of fashion brands entering the metaverse platform
              • Highly personalized digital experience
              The metaverse in fashion market market vendors should focus on grabbing business opportunities from the computer segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
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              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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