A smart mirror refers to a highly functioning advanced mirror that is manufactured by the integration of embedded electronics such as sensors, cameras, and displays. Smart mirrors provide a number of features such as internet connectivity and touchscreen option. Memory mirror is a large display that is comprised of cameras and other devices. They are used in showrooms to try on apparel. Furthermore, smart mirrors find applications in automotive, consumer, residential, retail, advertising, and medical & healthcare sectors.
Market Dynamics
Governments of many countries have become more vigilant towards road accidents caused up by backing up of vehicles. Thus, they are taking actions regarding the installation of the smart rear vision system for vehicles. For instance, the U.S. issued a rule requiring rear visibility technology in all new vehicles weighing under one ton manufactured on or after March 31, 2018. Furthermore, the Russian government curiously mandating that all new cars to be equipped with rear cameras as drivers can back up easily. Thus, these factors are expected to drive growth of the market during the forecast period. Manufacturers in the market are focused on fulfilling consumer demand since today’s demand is to be socially active and updated at the same time. Thus, smart mirrors are integrated with social media platforms and provide an update about daily news, weather forecasting, and traffic reports. Hence, these factors are expected to propel the global smart mirror market growth over the forecast period.
Market Taxonomy
This report segments the Global Smart Mirror Market on the basis of Component, Application and Region. On the basis of Component, Global Smart Mirror Market is segmented into Displays, Camera, Sensors and Others (Mic, Speaker, Other communication devices. On the basis of Application, the Global Smart Mirror Market is segmented into Automotive, Consumer & Residential, Healthcare and Retail Sector & advertising. On the basis of region, Global Smart Mirror Market is segmented into North America, Latin America, Europe, Asia pacific, Middle East and Africa.
Key features of the study:
Detailed Segmentation:
Browse all the market data tables and figures on “Global Smart Mirror Market - Forecast to 2027”
Detailed Segmentation
Joining thousands of companies around the world committed to making the Excellent Business Solutions.
View All Our Clients