Global Smart Mirrors Market Growing with high Pace and expected reach $4,118.7 Million by 2025

According to a recent report published by Allied Market Research, titled,"Smart Mirror Market by Component and End User: Global Opportunity Analysis and Industry Forecast, 2018 - 2025", the global smart mirrors market was valued at $1,750.0 million in 2017, and is projected to reach $4,118.7 million by 2025, growing at a CAGR of 11.5% from 2018 to 2025.

Key Finding of the Smart Mirror Market Study:

• Based on the end user, the automotive segment led the global smart mirrors market in 2017. However, the residential segment is anticipated to grow at the highest CAGR during the forecast period.

• Europe held the majority share in 2017 in the global smart mirror market.

• By component, the hardware segment dominated the global smart mirrors market in 2017.

• LAMEA is anticipated to exhibit the highest CAGR during the forecast period.

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At present, Europe dominates the market, followed by North America. In 2017, the U.S. dominated the North America market, and Germany led the overall market in Europe. However, in Asia-Pacific, China currently dominates the market.

Increase in adoption of smart mirrors in the automotive sector, rise in demand for connected devices, and transition to digital stores in the retail industry act as the key drivers of the global smart mirror market. However, high initial cost and security concerns of private information hamper the growth of the market. Conversely, increase in adoption of smart home coupled with advances in industry 4.0 is expected to create lucrative growth opportunities for the market in the near future.

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Key Market Players :

• Japan Display Inc.
• Gentex Corporation
• Magna International Inc.
• Samsung Electronics
• Murakami Kaimeido
• Seura
• Perseus Mirrors
• Ficosa
• Dension
• Electric Mirror

Table of content :

Chapter: 1: INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY

1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

Chapter: 2: EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

Chapter: 3: MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies

3.3. PORTERS FIVE FORCES ANALYSIS
3.4. KEY PLAYER POSITIONING, 2017
3.5. MARKET DYNAMICS

3.5.1. Drivers

3.5.1.1. Growing adoption of smart mirrors in the automotive sector
3.5.1.2. Rise in demand for connected devices
3.5.1.3. Transition of digital stores in the retail industry

3.5.2. Restraints

3.5.2.1. High initial cost
3.5.2.2. Security of private information

3.5.3. Opportunity

3.5.3.1. Increase in adoption of smart home coupled with advances in industry 4.0

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