The market size of mobile shopping has grown dramatically due to the increased penetration of smartphones and advances in wireless communication technology. While the market continues to grow, there are many cases where the limitations of online shopping. Which is you can not feel textured or don’t know the exact fit. Also, the biggest problem is the size issue, which accounts for more than 50% of the causes of returns. To solve this return problem, IMEMINE is developing a platform that can measure the size of a single photo using a smartphone. This is a shift from 2D to 3D, and although the domestic market is still in its infancy, the online shopping market is already changing from 2D to 3D. We believe that the technology of IMEMINE will play an innovative role in this environment, and we have driven our business forward through a business model developed according to technology and market needs. Through existing technology, IMEMINE will convert actual user information taken with a smartphone camera into 3D and provide realistic environment and information that can be coordinated directly by providing various costumes and fashion accessories.

  The existing body size measurement system, 3D image generation method, utilizes an expensive device equipped with a depth camera or 3D scanning equipment, but it is difficult for the general public to use due to the bulky and expensive problem. In comparison, SizeMine is a SW method that makes it easy for anyone to produce content that produces 98% accurate actual data. In particular, by creating a 3D avatar similar to users body type, user can check whether it fits users body or not in real time. Visual AI information provides individual clothing pattern AI, color AI etc which reduces shopping time by recommending clothes suitable for user.

• Returning clothes in the clothing market takes a lot of laundry, repair, and other CS costs, so they dispose of the returned clothes. The goal is to reduce the return rate by purchasing clothes that fit the size, and the business model is to reduce the amount of clothing actually produced. B2B license sales will generate revenue, and annual license sales based on site size will provide a stable revenue structure.
• Currently, the B2B fashion mall is building data-base using customer information, which reduces return rates by more than 10%. Currently, we have tested with about 30 companies, and the actual return rate has decreased. Plus the purchase rate has increased by more than 30%.
• SizeMine has recently completed prototype-level development and is has not yet been invested. We aim to release the commercial version in March next year, and we need driver funds to enter the global market and secure IP. It has been selected for a total of 6 government support projects in Korea and is being operated with support for the project cost.
• In the first half of 2022, we will launch an English version to enter the U.S. market and discuss with local partners to find and market the market. We are planning various business models that utilize AI technologies such as global companies based on SNS such as Facebook and creation of full-length avatars. Through this, wewill have more than 8 million members in the next five years and aims to gain 25 million application downloads