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Recent Developments in Smart Mirrors Industry

Feb, 2025 - by CMI

Recent Developments in Smart Mirrors Industry

Sales of smart mirrors are rising rapidly amid growing adoption across different sectors. According to Coherent Market Insights, the global smart mirror industry size is set to reach US$ 2684.9 million in 2030. Global smart mirror sales will likely rise at a CAGR of 15.3% during the assessment period.

Magna International Inc., ad notam AG, Gentex Corporation, Panasonic Corporation, Samsung Electronics, Perseus Mirrors, and Tech20 are few leading smart mirror manufacturers. Top players are constantly innovating to create advanced virtual mirrors with enhanced features.

Leading companies are integrating AI, IoT, and voice assistants for seamless integration. They are also focusing on offering customizable solutions. Similarly, players are adopting tactics like mergers, collaborations, acquisitions, and partnerships to expand their customer base.

In January 2024, Barcoda introduced BMind, the world’s first AI-powered smart mirror for mental wellness. The new product can act as a health companion. It has the tendency to identify mood and help in managing stress.

BMind uses new generation smart mirror software to provide personal recommendations and experiences based on user’s mental state. It can help in managing stress, reducing insomnia, and soothing anxiety.

In January 2025, Samsung Electronics introduced MICRO LED Beauty Mirror. The new smart mirror comes with AI capabilities. It is designed to provide personalized information and help in diagnosing skin conditions with high accuracy.

Key Factors Propelling Smart Mirror Industry Growth

The future of smart mirror industry looks bright and exciting. This is due to rising adoption of virtual mirrors across automotive, residential, healthcare, and retail sectors.

Smart mirrors are two-way mirrors with an electronic display behind the glass. They have the tendency to showcase information like weather, time, date, and news.

Growing popularity of smart mirrors in the healthcare sector is set to create new growth avenues. These mirrors offer interactive features and personalized health tracking. This is making them popular among fitness and health-conscious people.

Favorable government policies will bode well for virtual mirror industry. Governments across various nations are encouraging adoption of smart rear vision systems in vehicles to reduce road accidents.

The United States, for instance, issued a rule requiring rear visibility technology in all vehicles under 10000 pounds. This is set to propel sales of smart mirrors during the assessment period.

Increasing importance of smart mirrors in the retail sector is also fueling demand. These magic mirrors offer personalized shopping experiences. They allow customers to virtually try on clothing, makeup, or accessories.

Regional Insights

North America dominated the global smart mirror industry. This is due to high adoption of advanced smart mirrors in healthcare and retail sectors and strong presence of leading smart mirror manufacturers.

Rising consumer interest in connected devices is expected to inform industry growth in the region during the forecast period. Similarly, development of new devices with improved features will create growth avenues for players.

Europe is set to overtake North America during the forecast period. This can be attributed to growing popularity of electric vehicles and increasing adoption of advanced technologies in the automotive industry. Moreover, growing popularity of smart homes is also expected to fuel smart mirror demand.

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