A two-way mirror with an integrated smart display hidden behind the glass is referred to as a "smart mirror." The built-in smart display gives the user access to crucial information like the time, date, day, weather conditions (including humidity, temperature, wind, and others), the calendar, and adding events, among other things. Additionally, these mirrors offer real-time news updates and other information.
Standard smart mirrors give information on a smart display, but more sophisticated models also include touchscreens, cameras, microphones, speakers, and various sensors. The smart mirrors provide voice assistance using microphones to enable effective communication between the user and the information sources.
A "smart mirror" is a two-way mirror with an embedded smart display that is concealed behind the glass. The user has access to important data like the time, date, day, weather conditions (including humidity, temperature, wind, and others), the calendar, and adding events, among other things, thanks to the built-in smart display. These mirrors also provide current news updates and other information.
Standard smart mirrors show information on a smart display, but more advanced versions also have touchscreens, cameras, microphones, speakers, and a variety of sensors. Utilizing microphones, the smart mirrors offer voice assistance to improve interaction between the user and the information sources.
Global Smart Mirror Market- Key trends
Escalating demand for advanced driver assistance systems (ADAS) to boost market expansion
There has been an elevating demand for advanced driver assistance systems across the globe. This is powered by the rising instances of road accidents caused by rash driving, heavy traffic, and other factors. The adoption of smart mirrors provides a safer driving experience since it displays the view of a vehicle’s surrounding atmosphere which in turn helps the driver to clearly recognize obstacles. This in turn is stimulating the dynamics of this industry.
Rising adoption of smart technologies in the residential sector to augment the industry outlook
With rapid digitalization, there has been a steep rise in the number of smart homes across the globe. These homes are comprised of three primary components, namely, next generation home appliances, security features, and infrastructure. The integration of smart mirrors in these houses helps residents to detect any change in the surroundings. Moreover, the IoT enabled mirrors also let the consumers to remotely control the cooling and heating of their homes. These factors are adding momentum to the development of this market vertical.
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Global Smart Mirror Market- Segmental assessment
By Component
- Hardware
- Software
- Services
The software segment is anticipated to grow considerably over the forecast period ascribing to their affordable nature.
By Technology
- Self-dimming Technology
- Others
By Functionality
- Connected Mirror
- Non-Connected Mirror
The connected mirror segment is expected to generate significant returns by 2030 due to the wide array of advanced features integrated in connected smart mirrors.
By End User
- Automotive
- Healthcare
- Residential
- Others
The automotive segment is poised to amassed notable gains over the estimated timeframe owing to the rising occurrence of road accidents worldwide.
Top players profiled- are ELECTRIC MIRROR, INC. (US), Séura (US), Murakami Corporation (Japan), PERSEUS MIRRORS (US), actiMirror (Hong Kong), GLANCE DISPLAYS (India). On The Wall, Inc. (US), ad notam AG (Germany), DENSION LTD (UK), Embrace (Australia), Gentex Corporation (US), MAGNA INTERNATIONAL INC. (Canada), Ficosa Internacional SA (Spain), Mirrocool (US), and Memomi (US)
Impact of COVID 19 on Smart Mirror Industry
The global Smart Mirror market report meticulously considers the COVID-19's impact on the supply chain, economy, and consumer preferences by country and area in order to assess the deviation in the global outlook.
In order to mitigate negative consequences and seize new chances brought about by the pandemic situation, the research analyses competitive tactics that are being planned and implemented by significant firms in the Smart Mirror industry. Forecasts for the Smart Mirror market are based on various scenarios that take into account how the virus is anticipated to be contained in the medium to long run.
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