Smart Mirror Market is expected to undergo a CAGR of 10.55% during the forecast period 2022 to 2029.
Market Analysis and Insights Smart Mirror Market
The smart mirror, also called virtual mirror, refers to the type of mirror that is embedded with electronic and smart technologies such as augmented reality, IoT, and high-quality electronic displays, among others technology. These mirrors can be controlled with the use of smart phones, computers or tablets, and are used in automotive industry and in retail shop to give better comfort to the users.
Smart mirror has gained immense popularity in the retail sector over the years. These mirrors are incorporated to suggest customers with trending outfits. For instance, Ralph Lauren, one of the leading brands integrated connected fitting rooms in its Manhattan outlet. The aims are to deliver enhanced customer experience while assisting retailers in making smart merchandising decisions.
Global Smart Mirror Market was valued at USD 2920.89 million in 2021 and is expected to reach USD 6516.06 million by 2029, registering a CAGR of 10.55% in 2022 2029. Interior Mirror accounts for the largest type segment in the respective market due to the high usage in cars and light commercial vehicles. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Smart Mirror Market Scope
The smart mirror market is segmented on the basis of component, technology, type, functionality, augmented reality feature and application. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Component
· Hardware
· Software
· Services
Technology
· Smart Material
· Embedded Technologies
Type
· Exterior Mirror
· Interior Mirror
Functionality
· Connected
· Non-Connected
Augmented Reality Feature
· AR-Smart Mirror
· Non AR-Smart Mirror
Application
· Automotive
· Healthcare
· Retail and Marketing
· Consumer
· Others
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Smart Mirror Market Country Level Analysis
The countries covered in the smart mirror market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Competitive Landscape and Smart Mirror Market Share Analysis
The Smart Mirror Market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Smart Mirror Market.
Key Players Smart Mirror Market
- ELECTRIC MIRROR, INC. (US)
- Séura (US)
- Murakami Corporation (Japan)
- PERSEUS MIRRORS (US)
- actiMirror (Hong Kong)
- GLANCE DISPLAYS (India)
- On The Wall, Inc (US)
- ad notam AG (Germany)
- DENSION LTD (UK)
- Embrace (Australia)
- Gentex Corporation (US),
- MAGNA INTERNATIONAL INC (Canada)
- Ficosa Internacional SA (Spain)
- Mirrocool (US)
- Memomi (US)
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MAJOR TOC OF THE REPORT
- Chapter One: Introduction
- Chapter Two: Market Segmentation
- Chapter Three: Market Overview
- Chapter Four: Executive Summary
- Chapter Five: Premium Insights
- Chapter Six: Global Smart Mirror Market by Product & Procedure type
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