Market Overview:
The global smart mirror TV market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for smart mirror TVs from home users and commercial users. In terms of type, the global smart mirror TV market is segmented into ≤ 20 inch, 21-70 inch, and >70 inch segments. The 21-70 inch segment is expected to account for the majority share of the global smart mirror TV market in 2018. This segment is also projected to grow at a higher CAGR than other segments during the forecast period. In terms of application, the global smart mirror TV market is divided into home use and commercial use segments.
Product Definition:
A Smart Mirror TV is a television that has a mirror built into the screen. This allows the user to see themselves while they are watching TV. The mirror can also be used to display information such as the time, weather, or news.
≤ 20 Inch:
20 inch is the new term in the industry which came into existence with the launch of Samsung's Galaxy S8 and LG G6. It means a screen size between 5.1 to 6.3 inches, which is considered as a comfortable viewing distance for most of us humans (yes, even though it varies from person to person).
21-70 Inch:
21-70 inch is a range of smart mirrors for TV. It’s a kind of interactive display screen that reflects the image from the camera on to the wall, ceiling or floor and then changes it back when someone comes near to it. These kinds of screens are widely used in commercial places such as shopping malls, hotels, retail stores etc., where people can use their smartphones or tablets throught heir reflection on the screen to check their appearance from any angle.
Application Insights:
The commercial use segment dominated the global smart mirror TV market, accounting for more than 60.0% share of the total revenue in 2017. The growth of this segment is attributed to increasing adoption of smart mirrors at hotels, restaurants and shopping malls among other public places such as offices and hospitals. In addition, growing penetration of these devices at railway stations, airports and seaports will drive the demand further over the forecast period.
The home use segment is expected to witness significant growth over the forecast period owing to rising adoption by consumers in their homes for watching television programs or movies while eating breakfast or lunch or even when doing household chores such as cleaning or cooking food will help users save time thus making it popular across all age groups especially with working professionals who have hectic daily schedules.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance over the forecast period as well. This can be attributed to increasing adoption of smart technology and growing demand for high-tech gadgets in this region. Moreover, rising preference for big screen TVs due to their enhanced picture quality and sound system is also driving the regional market growth.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing disposable income, growing population, improving standard of living along with changing consumer preferences towards advanced technologies such as smart devices and wearable devices among others are some factors contributing toward regional growth.
Growth Factors:
- Increasing demand for smart TVs with advanced features and innovative designs
- Rising disposable income of consumers and growing trend of home-theater installations
- Proliferation of digital content and increasing demand for immersive viewing experiences
- Rapid advancements in display technologies and falling prices of smart mirror TVs
- Growing popularity of voice-activated assistants and IoT-enabled devices
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Mirror TV Market Research Report
By Type
≤ 20 Inch, 21-70 Inch, >70 Inch
By Application
Home Use, Commercial Use
By Companies
Samsung Electronics, Seura, Toshiba, Evervue, Gentex, Ad Notam, Alke, Magna International, Panasonic, Tech2o, Kuset, HYMAGE, Pro Display, Meituxian (Guang Zhou) Electronics, OWATIS
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Smart Mirror TV Market Report Segments:
The global Smart Mirror TV market is segmented on the basis of:
Types
≤ 20 Inch, 21-70 Inch, >70 Inch
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Home Use, Commercial Use
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Samsung Electronics
- Seura
- Toshiba
- Evervue
- Gentex
- Ad Notam
- Alke
- Magna International
- Panasonic
- Tech2o
- Kuset
- HYMAGE
- Pro Display
- Meituxian (Guang Zhou) Electronics
- OWATIS
Highlights of The Smart Mirror TV Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- ≤ 20 Inch
- 21-70 Inch
- >70 Inch
- By Application:
- Home Use
- Commercial Use
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Smart Mirror TV Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Smart Mirror TV is a new type of television that uses artificial intelligence (AI) to provide users with personalized recommendations for content and services. The AI technology analyzes user behavior and preferences, then recommends content and services tailored specifically to the individual.
Some of the major companies in the smart mirror tv market are Samsung Electronics, Seura, Toshiba, Evervue, Gentex, Ad Notam, Alke, Magna International, Panasonic, Tech2o, Kuset, HYMAGE, Pro Display, Meituxian (Guang Zhou) Electronics, OWATIS.
The smart mirror tv market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Smart Mirror TV Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Smart Mirror TV Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Smart Mirror TV Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Smart Mirror TV Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Smart Mirror TV Market Size & Forecast, 2020-2028
4.5.1 Smart Mirror TV Market Size and Y-o-Y Growth
4.5.2 Smart Mirror TV Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 ≤ 20 Inch
5.2.2 21-70 Inch
5.2.3 >70 Inch
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Home Use
6.2.2 Commercial Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Smart Mirror TV Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Smart Mirror TV Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 ≤ 20 Inch
9.6.2 21-70 Inch
9.6.3 >70 Inch
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Home Use
9.10.2 Commercial Use
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 ≤ 20 Inch
10.6.2 21-70 Inch
10.6.3 >70 Inch
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Home Use
10.10.2 Commercial Use
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 ≤ 20 Inch
11.6.2 21-70 Inch
11.6.3 >70 Inch
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Home Use
11.10.2 Commercial Use
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 ≤ 20 Inch
12.6.2 21-70 Inch
12.6.3 >70 Inch
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Home Use
12.10.2 Commercial Use
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 ≤ 20 Inch
13.6.2 21-70 Inch
13.6.3 >70 Inch
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Home Use
13.10.2 Commercial Use
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Smart Mirror TV Market: Competitive Dashboard
14.2 Global Smart Mirror TV Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Samsung Electronics
14.3.2 Seura
14.3.3 Toshiba
14.3.4 Evervue
14.3.5 Gentex
14.3.6 Ad Notam
14.3.7 Alke
14.3.8 Magna International
14.3.9 Panasonic
14.3.10 Tech2o
14.3.11 Kuset
14.3.12 HYMAGE
14.3.13 Pro Display
14.3.14 Meituxian (Guang Zhou) Electronics
14.3.15 OWATIS
