In
the recent trend, the furniture industry is growing rapidly and occupies a
significant position in the global manufacturing market. Whereas, with the
growing disposable income and urbanization the trade of furniture has grown and
acquire an effective stage in the global trade. The development in the
technology of furniture is also signify the effective strength of the market
and adaptation of new technologies has also lead to the market growth more
positively. According to the report analysis, ‘Market
Research Reports for Furniture’
states that the technologies such as virtual reality and augmented reality are
playing significant role in the trade of furniture across the globe.
Additionally, the trading of furniture is doing in a significant manner on the
e-commerce platform leading the market growth meanwhile, the leading players
are also their efforts by introducing more projects related to this industry
for enhancing the mobility of the market.
The
technology of augmented reality and virtual reality is both dominating the
market of furniture most prominently whereas, the AR is rising rapidly in
global furniture market which make significant purchase by the customers as
with the e-commerce platform the consumers will not be able get the proper
fitted furniture. But the established of this technology in this sector offers
solutions of this problem and increase the trade of the furniture. Not only
this, the consumer can re-manage the place of the furniture, change it color
moreover, this technology enables so many opportunities of adding items to the
cart and buy online. Hence, the numerous applications of the technology will
pursue to turn up all the sectors of commercial area of the furniture market
more significantly. Additionally, in USA and several nations of Europe, another
same type of technology that has surfaced into this industry is virtual
reality. This technology is tend to use digital assets or 3D models in order to
produce interactive virtual work spaces. Such 3D models provide them to signify
the product specification and display product nature. Moreover, with this
technology the traders can show the entire set of production collections
without maintaining huge stock in the warehouses. Moreover, the more
upgradation and development in the technology with the effective innovations in
the new and existing technology make the market more attractive and effective
and will further lead to significant growth around the world.
In
Europe and USA, the Apple take advantage of apple’s augmented reality services.
Moreover, SERVEX US and sayduck are some other VR/AR leading players working on
similar concept of refiguring the furniture industry whereas, the North America
is accounted the highest market share in the AR furniture industry and doing
significant improvement in the VR technology for acquiring effective market
share in VR furniture industry. Not only has this, the Asia Pacific region is
showing effective efforts in manufacturing the furniture with the applications
of both the technology and expected to gain a huge amount of share in global furniture
market. Furthermore, many of the key players are functioning more effectively
for making the market more competitive which includes Kudan, Imaginate
Technologies, Marxent Labs, Google, Apple and several others. Therefore, in the
coming year it is expected that the furniture industry will grow more
significantly across the globe with the more development in the AR/VR
technology over the decades.
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Contact Us:
Ken
Research
Ankur
Gupta, Head Marketing & Communications
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