Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 3.71 Billion | USD 60.23 Billion | 36.28% | 2023 |
FrequentlyAsked Questions
Augmented reality (AR) in retail is one of the novel technologies that is expected to revolutionize the shopping experience.
The global augmented reality in retail is expected to grow due to the rising number of AR users worldwide.
According to study, the global augmented reality in retail market size was worth around USD 3.71 billion in 2023 and is predicted to grow to around USD 60.23 billion by 2032.
The CAGR value of augmented reality in the retail market is expected to be around 36.28% during 2024-2032.
The global augmented reality retail market is expected to witness the highest growth in North America.
The global augmented reality in retail market is led by players like Walmart, Prada, Sephora, IKEA, Gucci, Amazon, L'Oreal, Audi, Adidas, Lowe's, Nike, Target, Snap Inc., Zara, and PepsiCo.
The report explores crucial aspects of augmented reality in retail market including a detailed discussion of existing growth factors and restraints while also browsing future growth opportunities and challenges that impact the market.
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