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 further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America. Among these, North America is anticipated to hold a prominent share of the market across the globe, owing to the high concentration of the market solution vendors including MirroCool, Evervue USA Inc., HILO Smart Mirror and others.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Smart Mirror Market Report Segment
By Product Type
- Touch Screen
- Without Touch Screen
By Augmented Reality (AR) Feature
- AR-Smart Mirror
- Non AR-Smart Mirror
By Technology
- Smart Material (Glass, Acrylic)
- Embedded Technologies
By Application
- Automotive
- Residential
- Healthcare
- Others (Retailing and Marketing)
Global Smart Mirror Market Report Segment by Region
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
- Latin America
- Middle East & Africa
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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