Smart mirror are defined as electronic display with two-way mirror behind the glass. It is also known as a virtual mirror. It is a voice controlled interface that controls your smart devices and displays information. The smart mirror shows various display for different kinds of information in the form of widgets, such as weather, time, date, news and other data. Smart mirror is powered by computer monitor, The Raspberry Pi 3, observation mirror (aka mirror pane) , A webcam (PlayStation Eye). The smart-mirror is partially compatible with the following operating systems Windows 7 / Server 2008 R2 or higher and iOS and Android (Experimental!).It has a small number of features which require devices and GPIO.It has wide application in automotive, hospitality, retail and other.
In MirroCool Inc launched a smart mirror and personal assistant all-in-one. The smart mirror features facial recognition and personal assistant. The smart mirror that increases productivity, allows you to take selfies, and can alert you to intruders depending on where it is placed.
Global Smart Mirror Market is expected to reach USD 5.1 billion by 2025 from USD 1.8 billion in 2017 and is projected to grow at a CAGR of 9.81 % in the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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- In November 2015, Polo Ralph Lauren Corporation launched new smart mirrors in the fitting rooms of its flagship New York store. The mirror allows its customers at the store to tap for assistance for the items to try on.
Key Players: Global Smart Mirror Market
Gentex Corporation, Magna International, Electric Mirror, LLC, Séura, Murakami Manufacturing U.S.A., FICOSA, Alke Electric Vehicles, ad notam AG – Hidden Technologies, Dension Ltd, Keonn Technologies, Mirrocool, Seymourpowell, Memomi Labs Inc, Perseus Mirrors, Glance Displays, Inc, Dirror, Oak Labs,Inc., Smartspot, Myra Mirrors And many more.
Competitive Analysis: Global Smart Mirror Market
The global smart mirror market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The report includes market shares of smart mirror market for global, Europe, North America, Asia Pacific and South America. Two Way Mirrors LLC offers very transparent glass and acrylic smart mirrors. It provides a crystal clear view of the text and graphics and smart mirror apps free of charge for Raspberry Pi, Windows PC, and Android.
Drivers and Restraints:
- Growing demand for smart mirrors in automotive industry
- Transition from traditional stores to digital stores in retail industry
- Presence of large number of start-ups in smart mirror market
- New and Innovative features of smart mirrors climatic changes affecting the operations of various industries.
- Security of confidential and personal data.
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Table Of Content:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Global Smart Mirror Market Landscape
Part 04: Global Smart Mirror Market Sizing
Part 05: Global Smart Mirror Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers And Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Segmentation: Global Smart Mirror Market
The market is segmented based on
- automotive smart mirror,
- hospitality & retail smart mirror
- geographical segments
Based on Application, the market is segmented into
Based on Type, the market is segmented into
- interior mirrors
- exterior mirrors.
Based on Functionality, the market is segmented into
Based on Component, the market is segmented into
Based on automotive smart mirror, the market is segmented into
Based on Hospitality & Retail Smart Mirror, the market is segmented into
- augmented reality.
Based on geography, the market report covers data points for 28 countries across multiple geographies such as
- North America,
- South America,
- Middle East & Africa.
Customization of the Report: This report can be customized to meet the client’s requirements. Please connect with us ([email protected]), we will ensure that you get a report that suits your needs.
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