Smart mirror market is anticipated to grow at a CAGR of 30.1% during the forecast period (2023-2030). Homeowners are becoming increasingly involved in smart mirrors owing to their innovative design and capacity to improve the overall functioning and beauty of living spaces. The increased demand for smart home solutions is a major factor driving the growth of the smart mirror market in the residential sector. As more homeowners adopt the idea of automated systems and connected gadgets, smart mirrors have become a crucial part of smart homes. For instance, in May 2022, An apparel retailer, H&M, erected freestanding smart mirrors in the changing rooms and on the sales floor of its COS Beverly Hills shop in California. In order to give customers interactive design advice and virtual try-on experiences, the retailer intends to expand the technology to more locations nationwide.
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The global smart mirror market is segmented by product type, AR feature, technology, and application. Based on the product type, the market is sub-segmented into touch screen and without touch screen. Based on the augmented reality feature, the market is sub-segmented into AR-smart mirrors and non-AR-smart mirrors. Based on the technology, the market is sub-segmented into smart materials (glass, acrylic), embedded technologies, and Further, on the basis of application, the market is sub-segmented into automotive, residential, healthcare, and others (retailing and marketing). Among the product types, the touch screen sub-segment is anticipated to hold a considerable share of the market owing to the rise in the development of engaging and innovative techniques. For the development of the smart mirror technologies, three components are generally using a two-way glass, a display, and a computer device.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Smart Mirror Market by Product Type
- Touch screen
- Without Touch Screen
Global Smart Mirror Market by Augmented Reality (AR) Feature
- AR-Smart Mirror
- Non AR-Smart Mirror
Global Smart Mirror Market by Technology (Glass, Acrylic)
- Smart material
- Embedded Technologies
Global Smart Mirror Market by Application
- Automotive
- Residential
- Healthcare
- Others (Retailing and Marketing)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Adform
- actiMirror Corporation Ltd.
- ad notam AG
- Archello
- Bonnlo
- BYECOLD
- Denison Glass & Mirror, Inc.
- ELECTRIC MIRROR, INC.
- Embrace
- Ficosa Internacional SA
- Glance Displays, Inc.
- HILO Smart Mirror
- Memomi
- MirroCool
- Murakami Corp.
- Séura
- The White Teak Co.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global smart mirror market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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