Smart Mirror Market To Be Fueled By Commercial Segment During The Forecast Period
Growing
demand for smart home devices and advancement in display technology are the
leading factors expected to drive the Global Smart Mirror market during the
forecast period.
According
to TechSci Research report, “Smart Mirror Market – Global Industry Size,
Share, Trends, Competition, Opportunity, and Forecast, 2018-2028F”, A smart mirror is basically a two-way glass
with an inbuilt display. The display can show any desired information on the
mirror's surface, including time, weather, and news, etc. While basic mirrors show
customers the information, the more advanced ones have touch-enabled features
and come with cameras, microphones, speakers, and sensors.
The
growth of a smart mirror market is driven by various factors such as increasing
demand for connected devices, rising demand for commercial and hospitality
sector, new product launches, and increasing adoption of smart appliances.
Smart
mirrors are available in various shapes and sizes in the market. They can be as
small as a table or as big as a full bathroom mirror. They're sometimes
referred to as 'magic' mirrors. In recent years, the use of smart mirror
technology has seen a surge in popularity due to the increasing prevalence of
smart home automation. Many smart mirrors now feature integrated LED lights,
enabling customers to alter the color to create a desired atmosphere or adjust
the temperature to suit individual preferences. Earlier, smart mirrors were
available with Bluetooth feature, which enabled customers to connect their
phone to the mirror's speakers to play music.
However, in recent years, the technology has evolved to include a
variety of features, such as Alexa built-in, which allows customers to access
flash news briefings in the morning. Smart mirrors use AI and machine learning
to identify faces & gestures and respond to user commands. They connect via
Wi-Fi or Bluetooth and can communicate with applications and cloud-based
systems.
Free
standing mirrors are not attached to a wall or vanity. This kind of mirror is
usually of full length to provide a full body view. While free-standing mirrors
are easy to move around, they take up a lot of space on the floor. They also
require careful positioning to prevent them from tipping over or breaking.
Wall
mounted smart mirrors are becoming more popular because bathrooms are typically
small spaces in most households. It not only helps in saving space, but also
enhances the overall aesthetic of the room.
Smart
Mirrors can be easily integrated into a variety of commercial settings, including
hotels and resorts, fitness and gymnasiums, spa and salon facilities, shopping
centers, significantly enhancing the
customer experience. Furthermore, smart mirrors in trial rooms are becoming more
popular among high-end apparel accessory stores and outlets. This will enable
customers to virtually see themselves wearing the desired product without
physically doing so. Smart mirrors are equipped with sensors that accurately
scan the buyer's physical attributes and replicate the same dimensions on screen,
along with the desired apparel or accessory.
Browse
over xx market data Figures spread through xx Pages and an in-depth TOC on the "Global Smart Mirror Market."
The Smart
Mirror market is segmented based on installation type, application, distribution
channel, and region.
Based on
installation type, the market is further fragmented into wall mounted and free
standing. The market is fueled by wall mounted smart mirrors as there is a
higher risk of falling of free-standing mirrors. Thus, consumers prefer wall
mounted smart mirrors over free standing mirrors.
Based on
application, the market is segmented into residential and commercial. The commercial
segment will fuel the market on account of increasing demand from the retail
& fashion industry and increasing demand from hospitality sector.
Based on
distribution channel, the market is divided into direct sales and indirect
sales.
Based on
region, the market is divided into Asia-Pacific, North America, Europe, Middle
East & Africa, and South America.
Key market players in the Smart
Mirror market include:
- Electric Mirror, Inc.
- Séura, Inc.
- AVIS Electronics Company
- Foshan Eterna Intelligent Bathroom Co.,
Ltd.
- Majestic Mirror & Frames, Inc.
- Lumidesign Inc.
- Evervue USA Inc.
- Videotree Limited
- HILO Solutions, Inc.
- Guangzhou Hansong Electric Technology
Co., Ltd (FENCHILIN)
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"The
increasing demand for smart home appliances is a prominent trend that will
impact growth in the anticipated period. The increasing demand for retail and
fashion industry, advancement in display technology, and launch of advanced
products, are the prominent aspects that will impact the smart mirror market
positively. The health and wellness application of smart mirrors, along with
smart features to meet the specific requirements of customers and growing
popularity of the e-commerce channel, will fuel the market growth in projected period.”
said Mr. Karan Chechi, Research Director with TechSci Research, a research
based global management consulting firm.
“Smart Mirror Market – Global
Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F,” Segmented
By Installation Type (Wall Mounted, Free Standing), By Application
(Residential, Commercial), By Distribution Channel (Direct Sales, Indirect
Sales), By Region, Competition, has evaluated the future growth potential of Smart
Mirror market and provides statistics and information on market structure,
size, share, and future growth. The report is intended to provide cutting-edge
market intelligence and help decision-makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges and opportunities present in the products of Smart
Mirror.
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