A smart mirror is an advanced mirror integrated with technologies such as displays, sensors, cameras, and connectivity equipment. These mirrors are mainly used in numerous industry verticals such as retail, healthcare, automotive, residential, and others. The functions of smart mirrors can differ depending on their utility. For instance, in the automotive industry, smart mirrors can be utilized as rearview and side-view mirrors for enhanced safety purposes.
The Smart mirror market is anticipated to grow in the forecast period owing to driving factors such as rising demand for smart mirror in automotive sector and transformation of retail industry from traditional stores to digital stores. Moreover, the growing smart home market coupled with advancements in industry 4.0 is expected to stimulate smart mirror market to grow in the future.
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Companies profiled in this report includes, DENSION LTD, ELECTRIC MIRROR, Ficosa Internacional, Gentex Corporation, Keonn Technologies, Magna International Inc., Murakami Corporation, PERSEUS MIRRORS, Samsung Electronics Co., Ltd., Séura among others.
The reports cover key developments in the smart mirror market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from smart mirror market are anticipated to lucrative growth opportunities in the future with the rising demand for smart mirror in the global market. Below mentioned is the list of few companies engaged in the smart mirror market.
Key questions answered in the report include
The global smart mirror market is segmented on the basis of component and application. Based on component, the market is segmented as hardware and software. Further, the hardware sub-segment is divided into sensors, displays, cameras, audio systems, and connectivity. On the basis of the application the market is segmented as automotive, healthcare, residential, retail & advertising, and others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global smart mirror market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Smart mirror market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
Reason to Buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global smart mirror Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the smart mirror Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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