Product Code: PM3584
The global smart mirror market size is expected to reach USD 12,506.66 million by 2032, according to a new study by Polaris Market Research. The report "Smart Mirrors Market Share, Size, Trends, Industry Analysis Report, By Installation Type (Wall Mounted, Free-Standing), By Application (Residential, Commercial), By Distribution Channel (Online, Offline), By Region, And Segment Forecasts, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The surging demand for smart home devices is driving substantial growth in the smart mirror market. Smart mirrors are experiencing high demand due to their seamless integration capabilities with diverse smart devices and systems within a smart home ecosystem. These mirrors serve as convenient control centers, providing notifications, displaying information, and enabling connectivity with other smart devices. As a result, they are increasingly sought-after as valuable additions to modern smart homes.
Expansion of smart mirrors can be credited to the increasing adoption of smart technologies, the rising consumer preference for personalized experiences, and the convenience they offer. Smart mirrors have become highly desirable among consumers due to their distinctive blend of functionality, convenience, and aesthetic appeal. Their ability to showcase real-time information, seamlessly integrate with virtual assistants, and provide personalized features has played a significant role in their widespread acceptance among households.
Smart mirrors provide a wide range of functionalities that cater to diverse industries, revolutionizing the way businesses engage with their customers. One sector that has witnessed the growing popularity of smart mirrors is the retail industry. These mirrors are utilized in stores to create interactive and immersive shopping experiences, allowing customers to virtually try on clothing, accessories, or makeup. This innovative technology enhances customer convenience, minimizes return rates, and ultimately increases sales for retailers.
Consumers are showing cautiousness towards the higher cost of smart mirrors compared to regular mirrors, leading them to prefer wall-mounted smart mirrors. These mirrors not only conserve space by eliminating the need for floor placement but also enhance the overall aesthetic appeal of a room. With bathrooms often being compact in many homes, the demand for space-saving solutions like wall-mounted smart mirrors is substantial. By opting for these mirrors, consumers can achieve both functionality and style in their living spaces.
Smart Mirror Market Report Highlights
Free standing mirror segment witnessed steady growth, owing to its high popularity, easy installation, and high preference among consumers
Commercial segment expected to grow at the fastest rate, as they mostly employed to generate more sales from new age millennial customers
Online channels expected to record robust growth rate, owing to heavy discounts, ease of shopping, and mostly preferred in today's busy lifestyle
Europe expected to grow at the fastest rate, owing to strong demand from its wealthy consumers, and growing trend of smart homes
The global players include: ELECTRIC MIRROR, Seura, Hidden Television, Majestic Mirror & Frame, AVIS Electronics, FOSHAN ETERNA INTELLIGENT, Reflectel, LumiDesign, Evervue, and Videotree.
Polaris Market Research has segmented the smart mirror market report based on installation type, application, distribution channel, and region:
Smart Mirror, Installation Type Outlook (Revenue - USD Million, 2019 - 2032)
- Wall Mounted
- Free-Standing
Smart Mirror, Application Outlook (Revenue-USD Million, 2019 - 2032)
Smart Mirror, Distribution Channel Outlook (Revenue-USD Million, 2019 - 2032)
Smart Mirror, Regional Outlook (Revenue - USD Million, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Distribution Channels
- 3.2.1. Primary Distribution Channels
- 3.2.2. Secondary Distribution Channels
4. Global Smart Mirror Market Insights
- 4.1. Smart Mirror Market - Distribution Channel Snapshot
- 4.2. Smart Mirror Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Proliferation of e-commerce platforms
- 4.2.1.2. Integration of smart speakers such as Alexa
- 4.2.2. Restraints and Challenges
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Smart Mirror Market Distribution Channel Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Smart Mirror Market, by Installation Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Smart Mirror Market, by Installation Type, 2019-2032 (USD Million)
- 5.3. Wall Mounted
- 5.3.1. Global Smart Mirror Market, by Wall Mounted, by Region, 2019-2032 (USD Million)
- 5.4. Free-Standing
- 5.4.1. Global Smart Mirror Market, by Free-Standing, by Region, 2019-2032 (USD Million)
6. Global Smart Mirror Market, by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Smart Mirror Market, by Application, 2019-2032 (USD Million)
- 6.3.Residential
- 6.3.1. Global Smart Mirror Market, by Residential, by Region, 2019-2032 (USD Million)
- 6.4. Commercial
- 6.4.1. Global Smart Mirror Market, by Commercial, by Region, 2019-2032 (USD Million)
7. Global Smart Mirror Market, by Distribution Channel
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Smart Mirror Market, by Distribution Channel, 2019-2032 (USD Million)
- 7.3. Online
- 7.3.1. Global Smart Mirror Market, by Online, By Region, 2019-2032 (USD Million)
- 7.4. Offline
- 7.4.1. Global Smart Mirror Market, by Offline, By Region, 2019-2032 (USD Million)
8. Global Smart Mirror Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Smart Mirror Market Assessment, By Geography, 2019-2032 (USD Million)
- 8.3. Smart Mirror Market - North America
- 8.3.1. North America: Smart Mirror Market, by Installation Type, 2019-2032 (USD Million)
- 8.3.2. North America: Smart Mirror Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.3.3. North America: Smart Mirror Market, by Application, 2019-2032 (USD Million)
- 8.3.4. Smart Mirror Market - U.S.
- 8.3.4.1. U.S.: Smart Mirror Market, by Installation Type, 2019-2032 (USD Million)
- 8.3.4.2. U.S.: Smart Mirror Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.3.4.3. U.S.: Smart Mirror Market, by Application, 2019-2032 (USD Million)
- 8.3.5. Smart Mirror Market - Canada
- 8.3.5.1. Canada: Smart Mirror Market, by Installation Type, 2019-2032 (USD Million)
- 8.3.5.2. Canada.: Smart Mirror Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.3.5.3. Canada: Smart Mirror Market, by Application, 2019-2032 (USD Million)
- 8.4. Smart Mirror Market - Europe
- 8.4.1. Europe: Smart Mirror Market, by Installation Type, 2019-2032 (USD Million)
- 8.4.2. Europe.: Smart Mirror Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.4.3. Europe: Smart Mirror Market, by Application, 2019-2032 (USD Million)
- 8.4.4. Smart Mirror Market - UK
- 8.4.4.1. UK: Smart Mirror Market, by Installation Type, 2019-2032 (USD Million)
- 8.4.4.2. UK.: Smart Mirror Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.4.4.3. UK: Smart Mirror Market, by Application, 2019-2032 (USD Million)
- 8.4.5. Smart Mirror Market - France
- 8.4.5.1. France: Smart Mirror Market, by Installation Type, 2019-2032 (USD Million)
- 8.4.5.2. France.: Smart Mirror Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.4.5.3. France: Smart Mirror Market, by Application, 2019-2032 (USD Million)
- 8.4.6. Smart Mirror Market - Germany
- 8.4.6.1. Germany: Smart Mirror Market, by Installation Type, 2019-2032 (USD Million)
- 8.4.6.2. Germany.: Smart Mirror Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.4.6.3. Germany: Smart Mirror Market, by Application, 2019-2032 (USD Million)
- 8.4.7. Smart Mirror Market - Italy
- 8.4.7.1. Italy: Smart Mirror Market, by Installation Type, 2019-2032 (USD Million)
- 8.4.7.2. Italy.: Smart Mirror Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.4.7.3. Italy: Smart Mirror Market, by Application, 2019-2032 (USD Million)
- 8.4.8. Smart Mirror Market - Spain
- 8.4.8.1. Spain: Smart Mirror Market, by Installation Type, 2019-2032 (USD Million)
- 8.4.8.2. Spain.: Smart Mirror Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.4.8.3. Spain: Smart Mirror Market, by Application, 2019-2032 (USD Million)
- 8.4.9. Smart Mirror Market - Netherlands
- 8.4.9.1. Netherlands: Smart Mirror Market, by Installation Type, 2019-2032 (USD Million)
- 8.4.9.2. Netherlands.: Smart Mirror Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.4.9.3. Netherlands: Smart Mirror Market, by Application, 2019-2032 (USD Million)
- 8.4.10. Smart Mirror Market - Russia
- 8.4.10.1. Russia: Smart Mirror Market, by Installation Type, 2019-2032 (USD Million)
- 8.4.10.2. Russia.: Smart Mirror Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.4.10.3. Russia: Smart Mirror Market, by Application, 2019-2032 (USD Million)
- 8.5. Smart Mirror Market - Asia Pacific
- 8.5.1. Asia Pacific: Smart Mirror Market, by Installation Type, 2019-2032 (USD Million)
- 8.5.2. Asia Pacific.: Smart Mirror Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.5.3. Asia Pacific: Smart Mirror Market, by Application, 2019-2032 (USD Million)
- 8.5.4. Smart Mirror Market - China
- 8.5.4.1. China: Smart Mirror Market, by Installation Type, 2019-2032 (USD Million)
- 8.5.4.2. China.: Smart Mirror Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.5.4.3. China: Smart Mirror Market, by Application, 2019-2032 (USD Million)
- 8.5.5. Smart Mirror Market - India
- 8.5.5.1. India: Smart Mirror Market, by Installation Type, 2019-2032 (USD Million)
- 8.5.5.2. India.: Smart Mirror Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.5.5.3. India: Smart Mirror Market, by Application, 2019-2032 (USD Million)
- 8.5.6. Smart Mirror Market - Malaysia
- 8.5.6.1. Malaysia: Smart Mirror Market, by Installation Type, 2019-2032 (USD Million)
- 8.5.6.2. Malaysia.: Smart Mirror Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.5.6.3. Malaysia: Smart Mirror Market, by Application, 2019-2032 (USD Million)
- 8.5.7. Smart Mirror Market - Japan
- 8.5.7.1. Japan: Smart Mirror Market, by Installation Type, 2019-2032 (USD Million)
- 8.5.7.2. Japan.: Smart Mirror Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.5.7.3. Japan: Smart Mirror Market, by Application, 2019-2032 (USD Million)
- 8.5.8. Smart Mirror Market - Indonesia
- 8.5.8.1. Indonesia: Smart Mirror Market, by Installation Type, 2019-2032 (USD Million)
- 8.5.8.2. Indonesia.: Smart Mirror Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.5.8.3. Indonesia: Smart Mirror Market, by Application, 2019-2032 (USD Million)
- 8.5.9. Smart Mirror Market - South Korea
- 8.5.9.1. South Korea: Smart Mirror Market, by Installation Type, 2019-2032 (USD Million)
- 8.5.9.2. South Korea.: Smart Mirror Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.5.9.3. South Korea: Smart Mirror Market, by Application, 2019-2032 (USD Million)
- 8.6. Smart Mirror Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Smart Mirror Market, by Installation Type, 2019-2032 (USD Million)
- 8.6.2. Middle East & Africa.: Smart Mirror Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.6.3. Middle East & Africa: Smart Mirror Market, by Application, 2019-2032 (USD Million)
- 8.6.4. Smart Mirror Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Smart Mirror Market, by Installation Type, 2019-2032 (USD Million)
- 8.6.4.2. Saudi Arabia.: Smart Mirror Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.6.4.3. Saudi Arabia: Smart Mirror Market, by Application, 2019-2032 (USD Million)
- 8.6.5. Smart Mirror Market - UAE
- 8.6.5.1. UAE: Smart Mirror Market, by Installation Type, 2019-2032 (USD Million)
- 8.6.5.2. UAE.: Smart Mirror Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.6.5.3. UAE: Smart Mirror Market, by Application, 2019-2032 (USD Million)
- 8.6.6. Smart Mirror Market - Israel
- 8.6.6.1. Israel: Smart Mirror Market, by Installation Type, 2019-2032 (USD Million)
- 8.6.6.2. Israel.: Smart Mirror Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.6.6.3. Israel: Smart Mirror Market, by Application, 2019-2032 (USD Million)
- 8.6.7. Smart Mirror Market - South Africa
- 8.6.7.1. South Africa: Smart Mirror Market, by Installation Type, 2019-2032 (USD Million)
- 8.6.7.2. South Africa.: Smart Mirror Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.6.7.3. South Africa: Smart Mirror Market, by Application, 2019-2032 (USD Million)
- 8.7. Smart Mirror Market - Latin America
- 8.7.1. Latin America: Smart Mirror Market, by Installation Type, 2019-2032 (USD Million)
- 8.7.2. Latin America.: Smart Mirror Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.7.3. Latin America: Smart Mirror Market, by Application, 2019-2032 (USD Million)
- 8.7.4. Smart Mirror Market - Mexico
- 8.7.4.1. Mexico: Smart Mirror Market, by Installation Type, 2019-2032 (USD Million)
- 8.7.4.2. Mexico.: Smart Mirror Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.7.4.3. Mexico: Smart Mirror Market, by Application, 2019-2032 (USD Million)
- 8.7.5. Smart Mirror Market - Brazil
- 8.7.5.1. Brazil: Smart Mirror Market, by Installation Type, 2019-2032 (USD Million)
- 8.7.5.2. Brazil.: Smart Mirror Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.7.5.3. Brazil: Smart Mirror Market, by Application, 2019-2032 (USD Million)
- 8.7.6. Smart Mirror Market - Argentina
- 8.7.6.1. Argentina: Smart Mirror Market, by Installation Type, 2019-2032 (USD Million)
- 8.7.6.2. Argentina.: Smart Mirror Market, by Distribution Channel, 2019-2032 (USD Million)
- 8.7.6.3. Argentina: Smart Mirror Market, by Application, 2019-2032 (USD Million)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. ELECTRIC MIRROR
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Seura
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Hidden Television
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Majestic Mirror & Frame
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. AVIS Electronics
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. FOSHAN ETERNA INTELLIGENT
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Reflectel
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. LumiDesign
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Evervue
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Videotree
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development