1. Home
  2. > Advanced IT
  3. > Internet Of Things Market Trends
Smart Mirror Global Market Report 2022: Ukraine-Russia War Impact

Smart Mirror Global Market Report 2022: Ukraine-Russia War Impact

  • November 2022
  • 175 pages
  • ID: 6368567
  • Format: PDF
  • The Business Research Company

Summary

Table of Contents

Major players in the smart mirror market are Perseus Mirrors, Samsung Electronics, Electric mirror Inc, Japan Dsiplay Inc, Magna International Inc, Gentex Corporation, Seura, Ficosa, ALKE, Murakami Corporation, Desnion Ltd, Ad Notam, Keonn, Archello, Videotree and Michael Teeuw.

The global smart mirror market is expected to grow from $2.45 billion in 2021 to $2.78 billion in 2022 at a compound annual growth rate (CAGR) of 13.41%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The smart mirror market is expected to grow to $4.57 billion in 2026 at a compound annual growth rate (CAGR) of 13.28%.

The smart mirror market consists of sales of smart mirror products and services by entities (organizations, sole traders, and partnerships) that is used to access different types of information in the form of widgets, such as the current weather, and time, date, and news updates.Smart mirrors are two-way mirrors, having an electronic display behind the glass.

The time, weather, calendar events, and the day’s news can all be displayed. These mirrors can show information, include touch input and include speakers, cameras, microphones, and other sensors.

The main components of smart mirrors include hardware, software and services.Hardware is used for manufacturing the mirror with different kinds of components such as displays, cameras, sensors and others.

The smart mirror types are exterior mirrors and interior mirrors having functionalities including connected and non-connected.The smart mirror features include AR-smart mirrors and non-AR-smart mirrors.

The applications of smart mirrors include automotive, healthcare, retail and marketing, consumer and other applications.

Asia Pacific was the largest region in the smart mirror market in 2021. The regions covered in the smart mirror market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The high demand for connected devices is expected to propel the growth of the smart mirrors market.Consumers have been keen to investigate the advantages of adding additional devices to the internet and how that may enhance their lives as technology has developed.

The increasing demand for connected devices will increase the demand for smart mirrors and also improve functionality and features. According to IoT Analytics, a German-based Internet of Things (IoT) market insights and strategic business intelligence, in 2022, the internet of things is expected to grow to 14.4 billion active connections from 12.3 billion in 2021. Therefore, the high demand for connected devices drives the growth of smart mirrors.

Technological advancement is a key trend gaining popularity in the smart mirror market.Major companies in the smart mirror market are advancing in their new technologies and integrating options such as fitness into their products.

For instance, in July 2022, Portl, an India-based intelligent home mirror company, launched a smart mirror in India.The smart fitness mirror has an interactive fitness mirror with Wi-Fi, BlueTooth connectivity, HD cameras, and edge AI processing.

These sensors instantly correct a user’s posture and shape. This indicates that the individual’s posture is adjusted when they perform their workouts in front of the smart mirror.

In June 2020, Lululemon Athletica, a Canada-based athleisure and activewear company, acquired Mirror for $500 million.The acquisition helps Lululemon Athletica to strengthen its position in the future of personalized remote exercise and expand the content creation partnership between the two companies.

Mirror is a US-based home fitness company that offers wall-mounted smart mirrors for streaming workout classes.

The countries covered in the smart mirror market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.

The smart mirror market research report is one of a series of new reports that provides smart mirror market statistics, including smart mirror industry global market size, regional shares, competitors with an smart mirror market share, detailed smart mirror market segments, market trends and opportunities, and any further data you may need to thrive in the smart mirror industry. This smart mirror market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Grace helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Industrial Internet of Things Market Research Report by Component, End-User, Region - Cumulative Impact of COVID-19, Russia Ukraine Conflict, and High Inflation - Global Forecast 2023-2030

  • $ 3949
  • January 2023
  • 228 pages

Industrial Internet of Things Market Research Report by Component (Platform, Services, and Solution), End-User, Region - Cumulative Impact of COVID-19, Russia Ukraine Conflict, and High Inflation - Global ...

  • World
  • Internet Of Things
  • Industry analysis

ref:plp2022

Reportlinker.com © Copyright 2023. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on