Smart Mirrors Market Emerging Trends and Technology Advancements 2018 to 2021

“Global Smart Mirrors Market 2017-2021” provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure of the Smart Mirrors Market.

This report studies the Smart Mirrors market status and outlook of global and major regions, from angles of manufacturers, regions, product types and end industries. The report covers the present scenario and the growth prospects of the global Smart Mirrors retail market for 2017-2021. To calculate the market size, the report includes segmentation of the market on the basis of product category and geography.

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Companies Mentioned are: 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, and Toshiba.

Commenting on the report, an analyst from Industrydataanlytics 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.”

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.

Industrydataanlytics 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.

Industrydataanlytics 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.

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This independent 70 page report guarantees you will remain better informed than your competition. With over 50 tables and figures examining the Smart Mirrors market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2021.

Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Smart Mirrors in these regions, from 2017 to 2021 (forecast), covering Americas, APAC, EMEA.

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.

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.

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Major points covered in Global Smart Mirrors Market 2017 Research are:-

• 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?

The research includes historic data from 2013 to 2017 and forecasts until 2021 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Smart Mirrors on the basis of stating current situation of the industry in 2017 so as to make comprehensive organization and judgment on the competition situation and development trend of Smart Mirrors Market and assist manufacturers and investment organization to better grasp the development course of Smart Mirrors Market.

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