What is the global market size of Smart Mirror Market?

Global Smart Mirror Market size was valued at USD 2.5 billion in 2021 and is poised to grow from USD 2.96 billion in 2022 to USD 6.25 billion by 2030, growing at a CAGR of 8.8% in the forecast period (2023-2030).

Smart Mirror Market Size, Share, Growth Analysis, By Application(Residential, Commercial and others), By Installation type(Wall mounted, freestanding and others), By Distribution channel(Online and offline), By Region - Industry Forecast 2024-2031

Q: Who are the key vendors in the Global Smart Mirror Market?

Competition in the global Smart Mirror market is expected to increase during the forecast period because new players are expected to enter the global market and the number of devices compatible with Smart Mirror will also increase. Currently, only a few key players are providing their services in the global market but these numbers will increase in the upcoming years. 'Gentex Corporation', 'Electric Mirror', 'Ficosa International', 'Seura', 'Magna International', 'Samsung Electronics', 'Pro Display', 'Evervue', 'Dension', 'Perseus Mirrors', 'MirroCool', 'Panasonic Corporation', 'Toshiba Corporation', 'Murakami Corporation', 'Dension', 'Memomi Labs Inc.', 'ACEPOM Technology', 'Mirrorme', 'SmartMirror.com', 'Oak Labs Inc.'

Report ID: SQMIG45I2077 | Region: Global | Published Date: July, 2024
Pages: 270 | Tables: 86 | Figures: 76

Smart Mirror Market Regional Insights

Globally, North America is estimated to hold the highest global Smart Mirror market share. Main factors during this growth period are the presence of top market players,Increasing the number of households coupled with the increasing number of manufacturers shifting preference towards healthy drinks,and others.

Above all, the same region is expected to grow fastest during the forecast period. The reason for the same is increasing acquisition of Smart Mirror technology in the region of North America.

Smart Mirror Market Report Snapshots

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Smart Mirror Market size was valued at USD 2.5 billion in 2019 and is poised to grow from USD 2.96 billion in 2023 to USD 6.25 billion by 2031, growing at a CAGR of 8.8% in the forecast period (2024-2031).

Competition in the Smart Mirror market is expected to increase during the forecast period because new players are expected to enter the market and the number of devices compatible with Smart Mirror will also increase. Currently, only a few key players are providing their services in the market but these numbers will increase in the upcoming years. 'Gentex Corporation', 'Electric Mirror', 'Ficosa International', 'Seura', 'Magna International', 'Samsung Electronics', 'Pro Display', 'Evervue', 'Dension', 'Perseus Mirrors', 'MirroCool', 'Panasonic Corporation', 'Toshiba Corporation', 'Murakami Corporation', 'Dension', 'Memomi Labs Inc.', 'ACEPOM Technology', 'Mirrorme', 'SmartMirror.com', 'Oak Labs Inc.'

One of the key features that aid drivers a better and safer driving experience to provide self dimming, secure driving environment, automatic brightness adjustment and self cleaning is Advanced Driver assistance system. Along with the ADAS system increasing demand for smart mirrors in the retail industries due to technological advancement in artificial intelligence, Gesture recognition technology, augmented reality and connected devices.

The convex mirror Is replaced with a traditional mirror to improve safety features in the car. South Korea is looking to inculcate a smart mirror that plays a vital role in comfort and safety while driving the cars. These mirrors are Electrochromic auto dimming mirrors which are used in high end vehicles that reduce driver eye strain and fatigue while improving the visibility in low light condition.The mirror supports the driver to make safe decisions while driving and provide safety in cars by offering the better rear View images.

Globally, North America is estimated to hold the highest Smart Mirror market share. Main factors during this growth period are the presence of top market players,Increasing the number of households coupled with the increasing number of manufacturers shifting preference towards healthy drinks,and others.

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Smart Mirror Market Size, Share, Growth Analysis, By Application(Residential, Commercial and others), By Installation type(Wall mounted, freestanding and others), By Distribution channel(Online and offline), By Region - Industry Forecast 2024-2031

Smart Mirror Market Regional Insights

Smart Mirror Market Report Snapshots

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What is the market size of Smart Mirror Market?

Who are the key vendors in the Smart Mirror Market?

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