Global Smart Mirrors Market 2017-2021

  • ID: 4143982
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • actiMirror
  • ELECTRIC MIRROR
  • Keonn Technologies
  • MemoMi Labs
  • PERSEUS MIRRORS
  • SERAKU
  • MORE
About Smart Mirrors

A smart mirror is an ordinary mirror with additional features and functionalities, incorporating capabilities that are otherwise done manually or in some computing system other than the mirror. For instance, a mirror that can connect to a smartphone or the internet and offer some measure of user comfort. The computing features in smart mirrors enable them to connect to the Internet and smartphones, categorizing them as connected devices. Connected devices offer benefits that include optimized decision-making, ease of handling emergencies, cost cutting, luxurious lifestyle, remote control access, time management, better safety and security, and commercial benefits.

The analysts forecast the global smart mirrors market to grow at a CAGR of 12.21% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global smart mirrors market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of smart mirrors to end-user sectors.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Smart Mirrors Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- PERSEUS MIRRORS
- Evernue
- SEURA
- Magna international
- ELECTRIC MIRROR

Other prominent vendors
- OAK LABS
- MemoMi Labs
- Gentex
- Pro Display
- SAMSUNG
- Alke'
- ad notam
- Tech2o (Buyrite Group of Companies)
- actiMirror
- SERAKU
- Two Way Mirrors
- Keonn Technologies
- LG Electronics
- Panasonic
- Toshiba

Market drivers
- Large-scale benefits of using connected devices.
- For a full, detailed list, view the full report

Market challenges
- Poor awareness hindering adoption.
- For a full, detailed list, view the full report

Market trends
- Use of smart mirrors for advertising in multi-brand retail stores.
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the Key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • actiMirror
  • ELECTRIC MIRROR
  • Keonn Technologies
  • MemoMi Labs
  • PERSEUS MIRRORS
  • SERAKU
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by end-user
  • Global smart mirrors market by end-user
  • Global smart mirrors market by automotive sector
  • Global smart mirrors market by retail sector
  • Global smart mirrors market by consumer and household sector
  • Global smart mirrors market by medical sector
PART 07: Geographical segmentation
  • Global smart mirrors market by geography
  • Smart mirrors market in EMEA
  • Smart mirrors market in Americas
  • Smart mirrors market in APAC
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Impact of drivers on key customer segments
  • Market challenges
  • Impact of challenges on key customer segments
PART 10: Market trends
  • Growing adoption of smart mirrors in end-user sectors
  • Use of smart mirrors for advertising in multi-brand retail stores
  • Integrating OLED displays in smart mirrors
  • Penetration of smart mirrors in new sectors
PART 11: Vendor landscape
  • Competitive scenario
  • Market vendors
PART 12: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Global smart mirrors market: Overview
Exhibit 02: Global smart mirrors market 2016-2021 ($ millions)
Exhibit 03: Five forces analysis
Exhibit 04: Global smart mirrors market by end-user 2016-2021 (% share)
Exhibit 05: Global smart mirrors market by end-user: Revenue trend line ($ millions)
Exhibit 06: Global smart mirrors market by automotive sector 2016-2021 ($ millions)
Exhibit 07: Global smart mirror market in the retail sector, 2016-2021 ($ millions)
Exhibit 08: Global smart mirrors market by consumer and household sector 2016-2021 ($ millions)
Exhibit 09: Global smart mirrors market by medical sector 2016-2021 ($ millions)
Exhibit 10: Global smart mirrors market by geography 2016-2021 (% share)
Exhibit 11: Global smart mirrors market by geography: Revenue trend line 2016-2021 ($ millions)
Exhibit 12: Smart mirrors market in EMEA 2016-2021 ($ millions)
Exhibit 13: Smart mirrors market in Americas 2016-2021 ($ millions)
Exhibit 14: Smart mirrors market in APAC 2016-2021 ($ millions)
Exhibit 15: Advantages of using or being connected to IoT network
Exhibit 16: Private housing units constructed in US 2007-2015 (thousands of units)
Exhibit 17: Annual disposable income and consumer expenditure: YoY growth 2011-2016 (%)
Exhibit 18: Global smart homes market 2016-2021 ($ billions)
Exhibit 19: Smart home penetration by region 2016-2021 (% share)
Exhibit 20: Global expected YoY growth of car shipment 2016-2021
Exhibit 21: Retail sales of hypermarkets and superstores 2016 (% share)
Exhibit 22: Impact of drivers
Exhibit 23: Impact of challenges
Exhibit 24: Global smart mirrors market vendors
Exhibit 25: Emerging vendors in global smart mirrors market
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • actiMirror
  • ELECTRIC MIRROR
  • Keonn Technologies
  • MemoMi Labs
  • PERSEUS MIRRORS
  • SERAKU
  • MORE
New Report Released: – Global Smart Mirrors Market 2017-2021

The author of the report recognizes the following companies as the key players in the global smart mirrors market: PERSEUS MIRRORS, Evernue, SEURA, Magna International, and ELECTRIC MIRROR.

Other Prominent Vendors in the market are: OAK LABS, MemoMi Labs, Gentex, Pro Display, SAMSUNG, Alke', ad notam, Tech2o (Buyrite Group of Companies), actiMirror, SERAKU, Two Way Mirrors, Keonn Technologies, LG Electronics, Panasonic, and Toshiba.

Commenting on the report, an analyst from the research team said: “One trend in market is growing adoption of smart mirrors in end-user sectors. An increasing number of sectors are adopting smart mirrors. End-users are testing these mirrors in trial phases in places such as elevators, public restrooms, and hotels. Advertisers can significantly gain from the use of smart mirrors as they can be used for target advertising. For instance, Clear Channel Airports and Mirrus teamed up for a pilot project of installing 150 smart mirrors in all the restrooms at the Chicago O'Hare airport in 2011. These smart mirrors were mainly used for advertising purpose. Smart mirrors can increase sales in the retail sector by improving customer engagement in dressing rooms. Smart mirrors combined with RFID and display technology can provide user-specific suggestions, thus increasing sales. More smart mirrors are likely to be installed in various places in the coming years.”

According to the report, one driver in market is large-scale benefits of using connected devices. The growing emphasis on a connected environment has resulted in the rapid growth of the Internet of Things (IoT) market. An estimated 48.55 billion devices are expected to be a part of this connected environment by 2021. IoT devices collect data using sensors and actuators and transmit it to a centralized location on a real-time basis. This enables end-users to make informed decisions. Many organizations, industries, and technologists are expected to adopt IoT because of its numerous capabilities and advantages. Smart mirrors with connectivity to phones and the Internet come under the category of connected devices.

Further, the report states that one challenge in market is poor awareness hindering adoption. Most consumers are not aware of smart mirrors and their advantages. To create awareness about the technology, leading electronic device vendors such as SAMSUNG, Panasonic, and LG Electronics are investing significantly in regular launches at technological conferences and events and are marketing their products to target end-user segments. Though certain consumers are aware of the technology, the low-value proposition impacts any interest that is generated. The market in the nascent stage of development and the devices are expensive. These factors hinder the adoption of these devices to a great extent. There is a lack of standardization as vendors are trying to offer advanced features to gain a competitive advantage in the market. This complicates the buying decision of consumers. Furthermore, vendors and developers are unsure about customers’ needs and preferences. This makes it difficult for vendors to meet customers’ expectations. However, as the market progresses and consumer preferences are gauged, the impact of this challenge will reduce.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • PERSEUS MIRRORS
  • Evernue
  • SEURA
  • Magna International
  • ELECTRIC MIRROR
  • OAK LABS
  • MemoMi Labs
  • Gentex
  • Pro Display
  • SAMSUNG
  • Alke'
  • ad notam
  • Tech2o (Buyrite Group of Companies)
  • actiMirror
  • SERAKU
  • Two Way Mirrors
  • Keonn Technologies
  • LG Electronics
  • Panasonic
  • Toshiba
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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