Posts

Showing posts with the label Smart Mirror Market 2030

Smart Mirror Market Is Expected To Reach $1,012.6 Million By 2030

Image
  San Francisco, 15 June 2023:   According to a new report by Grand View Research, Inc., the global   smart mirror market   is estimated to reach a valuation of USD 1,012.6 million by 2030, with a projected compound annual growth rate (CAGR) of 8.8% from 2023 to 2030. The market's expansion is driven by the increasing demand for smart home devices, which has significantly impacted the adoption of smart mirrors. These cutting-edge mirrors have become increasingly popular due to their seamless integration with various smart devices and systems within a smart home ecosystem. Functioning as convenient control centers, they deliver notifications, provide information, and facilitate connectivity with other smart devices, making them an irresistible addition to modern smart homes. Among the different types of smart mirrors, wall-mounted options have emerged as the dominant segment, capturing a significant market share in 2022. Consumers, conscious of the higher cost associa...

Smart Mirror Market Estimated At USD 1.01 Billion By 2030

Image
  San Francisco, 26 Dec 2022:  The Report  Smart Mirror Market  Size, Share & Trends Analysis Report By Application (Residential, Commercial), By Installation Type (Wall-mounted, Free-standing), By Distribution Channel (Online, Offline), And Segment Forecasts, 2022 - 2030 The global smart mirror market size is estimated to reach USD 1.01 billion in 2030 and is expected to grow at a CAGR of 8.8% from 2022 to 2030, according to a new report by Grand View Research, Inc.One of the primary reasons propelling the growth of the industry is the increase in demand for connected devices across the globe. The retail sector's growing need for smart mirrors is being driven by developments in Artificial Intelligence (AI), gesture recognition technology, Augmented Reality (AR), and connected devices. Smart mirrors also known as intelligent mirrors, mirror TVs, magic mirrors, and interactive mirrors, are gaining a competitive market share owing to t...