The Latin America, Middle East and Africa Digital Clothing Market would witness market growth of 32.5% CAGR during the forecast period (2022-2028).
Virtual reality influencer marketing functions similarly to traditional influencer marketing but with one key distinction: influencers receive virtual goods like apparel or accessories instead of free products or cash in exchange for endorsing a company. It is significantly simpler for businesses and influencers to work together on projects, as no materials or shipping charges are needed. Giving virtual dresses as gifts rather than actual ones has many advantages for all parties involved, including the fact that since everything is done digitally, there are no shipping or material costs.
When there is no international shipping of clothing, there is no waste for consumers. In addition, influencers will receive greater compensation from brands due to not having to spend as much time shooting themselves in clothing they only wear sometimes. There are several applications for digital clothing. Some of these applications include already-existing digital clothing trends. For example, interactive 3D games & apps are made by game creators using digital fashion. The gaming industry partners with designers and celebrities to create exclusive virtual ensembles.
The Saudi government has embraced technological advancements. This gradual transition has contributed to expanding the country's esports business, which has seen remarkable growth in recent years. The Saudi Arabian digital content council has established an initiative called "Ignite." The Ignite curriculum will focus mostly on digital advertising, music, video, and gaming. The initiative has also supported developer and multiple entrepreneur funding. The expanding gaming industry will increase the use of digital clothing for characters in the gaming environment to make their games more appealing to players, consequently driving the expansion of the digital clothing market in LAMEA.
The Brazil market dominated the LAMEA Digital Clothing Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $45.6 million by 2028. The Argentina market is experiencing a CAGR of 33.2% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 32.2% during (2022 - 2028).
Based on Transaction, the market is segmented into On chain and Off chain. Based on Technology, the market is segmented into Blockchain, 3D Software, Artificial Intelligence, and Others. Based on Application, the market is segmented into Digital Content Creation, Fashion Design & Technology, Gaming, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Digital Clothing Market is Projected to reach USD 2.5 Billion by 2028, at a CAGR of 26.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Adidas AG, Guccio Gucci S.p.A. (Kering Group), Nike, Inc., LVMH SE, H&M Group, The Fabricant Agency B.V., Auroboros Ltd., More Dash, Inc. (DressX), Dolce & Gabbana S.r.l., and Replicant, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Transaction
By Technology
- Blockchain
- 3D Software
- Artificial Intelligence
- Others
By Application
- Digital Content Creation
- Fashion Design & Technology
- Gaming
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Adidas AG
- Guccio Gucci S.p.A. (Kering Group)
- Nike, Inc.
- LVMH SE
- H&M Group
- The Fabricant Agency B.V.
- Auroboros Ltd.
- More Dash, Inc. (DressX)
- Dolce & Gabbana S.r.l.
- Replicant, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Digital Clothing Market, by Transaction
1.4.2 LAMEA Digital Clothing Market, by Technology
1.4.3 LAMEA Digital Clothing Market, by Application
1.4.4 LAMEA Digital Clothing Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2021, Apr – 2023, Mar) Leading Players
Chapter 4. LAMEA Digital Clothing Market by Transaction
4.1 LAMEA On chain Market by Country
4.2 LAMEA Off chain Market by Country
Chapter 5. LAMEA Digital Clothing Market by Technology
5.1 LAMEA Blockchain Market by Country
5.2 LAMEA 3D Software Market by Country
5.3 LAMEA Artificial Intelligence Market by Country
5.4 LAMEA Others Market by Country
Chapter 6. LAMEA Digital Clothing Market by Application
6.1 LAMEA Digital Content Creation Market by Country
6.2 LAMEA Fashion Design & Technology Market by Country
6.3 LAMEA Gaming Market by Country
6.4 LAMEA Others Market by Country
Chapter 7. LAMEA Digital Clothing Market by Country
7.1 Brazil Digital Clothing Market
7.1.1 Brazil Digital Clothing Market by Transaction
7.1.2 Brazil Digital Clothing Market by Technology
7.1.3 Brazil Digital Clothing Market by Application
7.2 Argentina Digital Clothing Market
7.2.1 Argentina Digital Clothing Market by Transaction
7.2.2 Argentina Digital Clothing Market by Technology
7.2.3 Argentina Digital Clothing Market by Application
7.3 UAE Digital Clothing Market
7.3.1 UAE Digital Clothing Market by Transaction
7.3.2 UAE Digital Clothing Market by Technology
7.3.3 UAE Digital Clothing Market by Application
7.4 Saudi Arabia Digital Clothing Market
7.4.1 Saudi Arabia Digital Clothing Market by Transaction
7.4.2 Saudi Arabia Digital Clothing Market by Technology
7.4.3 Saudi Arabia Digital Clothing Market by Application
7.5 South Africa Digital Clothing Market
7.5.1 South Africa Digital Clothing Market by Transaction
7.5.2 South Africa Digital Clothing Market by Technology
7.5.3 South Africa Digital Clothing Market by Application
7.6 Nigeria Digital Clothing Market
7.6.1 Nigeria Digital Clothing Market by Transaction
7.6.2 Nigeria Digital Clothing Market by Technology
7.6.3 Nigeria Digital Clothing Market by Application
7.7 Rest of LAMEA Digital Clothing Market
7.7.1 Rest of LAMEA Digital Clothing Market by Transaction
7.7.2 Rest of LAMEA Digital Clothing Market by Technology
7.7.3 Rest of LAMEA Digital Clothing Market by Application
Chapter 8. Company Profiles
8.1 Adidas AG
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Product Launches and Product Expansions:
8.2 Guccio Gucci S.p.A. (Kering Group)
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Recent strategies and developments:
8.2.4.1 Partnerships, Collaborations, and Agreements:
8.3 Nike, Inc.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental Analysis
8.3.4 Recent strategies and developments:
8.3.4.1 Product Launches and Product Expansions:
8.3.4.2 Acquisition and Mergers:
8.4 LVMH SE
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Recent strategies and developments:
8.4.4.1 Partnerships, Collaborations, and Agreements:
8.4.4.2 Acquisition and Mergers:
8.5 H&M Group
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional Analysis
8.5.4 Recent strategies and developments:
8.5.4.1 Product Launches and Product Expansions:
8.6 The Fabricant Agency B.V.
8.6.1 Company Overview
8.6.2 Recent strategies and developments:
8.6.2.1 Partnerships, Collaborations, and Agreements:
8.6.2.2 Product Launches and Product Expansions:
8.7 Auroboros Ltd.
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Product Launches and Product Expansions:
8.8 More Dash, Inc. (DressX)
8.8.1 Company Overview
8.8.2 Recent strategies and developments:
8.8.2.1 Partnerships, Collaborations, and Agreements:
8.9 Dolce & Gabbana S.r.l.
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Partnerships, Collaborations, and Agreements:
8.10. Replicant, Inc.
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Partnerships, Collaborations, and Agreements:
TABLE 1 LAMEA Digital Clothing Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Digital Clothing Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Digital Clothing Market
TABLE 4 Product Launches And Product Expansions– Digital Clothing Market
TABLE 5 Acquisition and Mergers– Digital Clothing Market
TABLE 6 Geographical Expansions– Digital Clothing Market
TABLE 7 LAMEA Digital Clothing Market by Transaction, 2018 - 2021, USD Million
TABLE 8 LAMEA Digital Clothing Market by Transaction, 2022 - 2028, USD Million
TABLE 9 LAMEA On chain Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA On chain Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Off chain Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Off chain Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Digital Clothing Market by Technology, 2018 - 2021, USD Million
TABLE 14 LAMEA Digital Clothing Market by Technology, 2022 - 2028, USD Million
TABLE 15 LAMEA Blockchain Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Blockchain Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA 3D Software Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA 3D Software Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Artificial Intelligence Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Artificial Intelligence Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Digital Clothing Market by Application, 2018 - 2021, USD Million
TABLE 24 LAMEA Digital Clothing Market by Application, 2022 - 2028, USD Million
TABLE 25 LAMEA Digital Content Creation Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Digital Content Creation Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Fashion Design & Technology Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Fashion Design & Technology Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Gaming Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Gaming Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 33 LAMEA Digital Clothing Market by Country, 2018 - 2021, USD Million
TABLE 34 LAMEA Digital Clothing Market by Country, 2022 - 2028, USD Million
TABLE 35 Brazil Digital Clothing Market, 2018 - 2021, USD Million
TABLE 36 Brazil Digital Clothing Market, 2022 - 2028, USD Million
TABLE 37 Brazil Digital Clothing Market by Transaction, 2018 - 2021, USD Million
TABLE 38 Brazil Digital Clothing Market by Transaction, 2022 - 2028, USD Million
TABLE 39 Brazil Digital Clothing Market by Technology, 2018 - 2021, USD Million
TABLE 40 Brazil Digital Clothing Market by Technology, 2022 - 2028, USD Million
TABLE 41 Brazil Digital Clothing Market by Application, 2018 - 2021, USD Million
TABLE 42 Brazil Digital Clothing Market by Application, 2022 - 2028, USD Million
TABLE 43 Argentina Digital Clothing Market, 2018 - 2021, USD Million
TABLE 44 Argentina Digital Clothing Market, 2022 - 2028, USD Million
TABLE 45 Argentina Digital Clothing Market by Transaction, 2018 - 2021, USD Million
TABLE 46 Argentina Digital Clothing Market by Transaction, 2022 - 2028, USD Million
TABLE 47 Argentina Digital Clothing Market by Technology, 2018 - 2021, USD Million
TABLE 48 Argentina Digital Clothing Market by Technology, 2022 - 2028, USD Million
TABLE 49 Argentina Digital Clothing Market by Application, 2018 - 2021, USD Million
TABLE 50 Argentina Digital Clothing Market by Application, 2022 - 2028, USD Million
TABLE 51 UAE Digital Clothing Market, 2018 - 2021, USD Million
TABLE 52 UAE Digital Clothing Market, 2022 - 2028, USD Million
TABLE 53 UAE Digital Clothing Market by Transaction, 2018 - 2021, USD Million
TABLE 54 UAE Digital Clothing Market by Transaction, 2022 - 2028, USD Million
TABLE 55 UAE Digital Clothing Market by Technology, 2018 - 2021, USD Million
TABLE 56 UAE Digital Clothing Market by Technology, 2022 - 2028, USD Million
TABLE 57 UAE Digital Clothing Market by Application, 2018 - 2021, USD Million
TABLE 58 UAE Digital Clothing Market by Application, 2022 - 2028, USD Million
TABLE 59 Saudi Arabia Digital Clothing Market, 2018 - 2021, USD Million
TABLE 60 Saudi Arabia Digital Clothing Market, 2022 - 2028, USD Million
TABLE 61 Saudi Arabia Digital Clothing Market by Transaction, 2018 - 2021, USD Million
TABLE 62 Saudi Arabia Digital Clothing Market by Transaction, 2022 - 2028, USD Million
TABLE 63 Saudi Arabia Digital Clothing Market by Technology, 2018 - 2021, USD Million
TABLE 64 Saudi Arabia Digital Clothing Market by Technology, 2022 - 2028, USD Million
TABLE 65 Saudi Arabia Digital Clothing Market by Application, 2018 - 2021, USD Million
TABLE 66 Saudi Arabia Digital Clothing Market by Application, 2022 - 2028, USD Million
TABLE 67 South Africa Digital Clothing Market, 2018 - 2021, USD Million
TABLE 68 South Africa Digital Clothing Market, 2022 - 2028, USD Million
TABLE 69 South Africa Digital Clothing Market by Transaction, 2018 - 2021, USD Million
TABLE 70 South Africa Digital Clothing Market by Transaction, 2022 - 2028, USD Million
TABLE 71 South Africa Digital Clothing Market by Technology, 2018 - 2021, USD Million
TABLE 72 South Africa Digital Clothing Market by Technology, 2022 - 2028, USD Million
TABLE 73 South Africa Digital Clothing Market by Application, 2018 - 2021, USD Million
TABLE 74 South Africa Digital Clothing Market by Application, 2022 - 2028, USD Million
TABLE 75 Nigeria Digital Clothing Market, 2018 - 2021, USD Million
TABLE 76 Nigeria Digital Clothing Market, 2022 - 2028, USD Million
TABLE 77 Nigeria Digital Clothing Market by Transaction, 2018 - 2021, USD Million
TABLE 78 Nigeria Digital Clothing Market by Transaction, 2022 - 2028, USD Million
TABLE 79 Nigeria Digital Clothing Market by Technology, 2018 - 2021, USD Million
TABLE 80 Nigeria Digital Clothing Market by Technology, 2022 - 2028, USD Million
TABLE 81 Nigeria Digital Clothing Market by Application, 2018 - 2021, USD Million
TABLE 82 Nigeria Digital Clothing Market by Application, 2022 - 2028, USD Million
TABLE 83 Rest of LAMEA Digital Clothing Market, 2018 - 2021, USD Million
TABLE 84 Rest of LAMEA Digital Clothing Market, 2022 - 2028, USD Million
TABLE 85 Rest of LAMEA Digital Clothing Market by Transaction, 2018 - 2021, USD Million
TABLE 86 Rest of LAMEA Digital Clothing Market by Transaction, 2022 - 2028, USD Million
TABLE 87 Rest of LAMEA Digital Clothing Market by Technology, 2018 - 2021, USD Million
TABLE 88 Rest of LAMEA Digital Clothing Market by Technology, 2022 - 2028, USD Million
TABLE 89 Rest of LAMEA Digital Clothing Market by Application, 2018 - 2021, USD Million
TABLE 90 Rest of LAMEA Digital Clothing Market by Application, 2022 - 2028, USD Million
TABLE 91 key information – Adidas AG
TABLE 92 Key Information – Guccio Gucci S.p.A.
TABLE 93 Key Information – Nike, Inc.
TABLE 94 key Information – LVMH SE
TABLE 95 Key Information – H&M Group
TABLE 96 Key Information – The Fabricant Agency B.V.
TABLE 97 Key Information – Auroboros Ltd.
TABLE 98 Key Information – More Dash, Inc.
TABLE 99 Key Information – Dolce & Gabbana S.r.l.
TABLE 100 Key Information – Replicant, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2021, Apr – 2023, Mar) Leading Players
FIG 5 Recent strategies and developments: Adidas AG