The Future of Shopping in AR and VR

Published by , December 25, 2016 9:48 pm

(Wareable)  Goldman Sachs estimated the market for virtual- and augmented-reality retail would be worth $1.6 billion by 2025. We’re moving towards a future of seamless connected experiences that dissolve the distinction between bricks and clicks. it’s trying on an accessory using augmented reality, getting style advice via a bot, or viewing a designer collection on the runway via VR.
While consumer-facing AI applications are currently limited to the messenger space, it won’t be long before they’re used in other areas of retail as well. 2017 promises to be a big year for VR. In May of this year, eBay Australia launched “the first Virtual Reality Department Store” in collaboration with Myer, the country’s largest mid-market department store chain.

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