According to IMARC Group’s latest report, titled “Smart Mirror Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global smart mirror market size reached US$ 2.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 4.7 Billion by 2027, exhibiting a growth rate (CAGR) of 11.75% during 2022-2027.

A smart mirror refers to a two-way digital mirror equipped with advanced sensors, cameras, electronic displays, connectivity systems, etc. It has internet, Bluetooth, and Wi-Fi connectivity to receive phone calls, access smartphone applications, provide the user with an interactive experience, etc. The display unit can show dates, time, weather forecasts, a news feed, and upcoming events and appointments on the mirror surface. In line with this, it has self-dimming, self-cleaning, and self-repairing capabilities, is waterproof and scratch-resistant, can be used for both informational and entertainment purposes, etc. Consequently, a smart mirror finds extensive applications in several industries, including advertising, retail, automotive, residential, healthcare, etc.

Request for a PDF Sample of this Report: https://www.imarcgroup.com/smart-mirror-market/requestsample

Smart Mirror Market Trends:

The expanding automotive sector across countries is primarily augmenting the smart mirror market. Furthermore, the widespread product adoption in light-commercial and passenger vehicles with advanced driver assistance systems (ADAS) to offer blind spot vision and improve the safety of the driver and passengers is positively influencing the global market. Apart from this, the inflating digitization levels in the retail sector are acting as significant growth-inducing factors. Moreover, the rising utilization of smart mirrors by fashion brands in fitting rooms to provide a 360-degree view of the outfit and give an enhanced shopping experience to consumers, as they can interact with the mirror to adjust the lighting and get styling recommendations, is also bolstering the market growth. Besides this, the growing technological advancements, such as the development of smart mirrors integrated with the Internet of Things (IoT) and artificial intelligence (AI) solutions, are further catalyzing the global market. Additionally, the increasing expenditure capacities of individuals and extensive R&D activities are expected to fuel the smart mirror market in the coming years.

Smart Mirror Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the smart mirror market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• Archello
• Dension Ltd
• Electric Mirror Inc.
• Ficosa International SA
• Panasonic Corporation
• Gentex Corporation
• Japan Display Inc.
• Magna International Inc.
• Murakami Corporation
• Samsung Electronics Co. Ltd
• Seura

Key Market Segmentation:

The report has segmented the global smart mirror market on the basis of component, type, functionality, technology and end user.

Breakup by Component:

• Hardware
• Software

Breakup by Type:

• Interior Mirrors
• Exterior Mirrors

Breakup by Functionality:

• Connected Mirror
• Non-Connected Mirror

Breakup by Technology:

• Self-Dimming
• Self-Cleaning
• Self-Repairing

Breakup by End User:

• Automotive
• Healthcare
• Residential
• Others

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)

Ask Analyst for Customization and Explore full Report with TOC & List of Figures:  https://www.imarcgroup.com/request?type=report&id=4364&flag=E

Key Highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• The Impact of COVID-19 on the Global Market
• Value Chain Analysis
• Structure of the Global Market
• Comprehensive mapping of the competitive landscape

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Email: [email protected]

Follow us on Twitter: @imarcglobal

LinkedIn: https://www.linkedin.com/company/imarc-group/mycompany/