Australia Smart Mirror Market Size & Outlook, 2022-2030
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Australia smart mirror market highlights
- The Australia smart mirror market generated a revenue of USD 6.7 million in 2022 and is expected to reach USD 13.0 million by 2030.
- The Australia market is expected to grow at a CAGR of 8.6% from 2023 to 2030.
- In terms of segment, wall mounted was the largest revenue generating installation type in 2022.
- Wall Mounted is the most lucrative installation type segment registering the fastest growth during the forecast period.
Smart mirror market data book summary
| Market revenue in 2022 | USD 6.7 million |
| Market revenue in 2030 | USD 13.0 million |
| Growth rate | 8.6% (CAGR from 2022 to 2030) |
| Largest segment | Wall mounted |
| Fastest growing segment | Wall Mounted |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wall Mounted, Free-Standing |
| Key market players worldwide | Electric Mirror, LLC, SEURA, Hidden Television, Majestic Mirror & Frame, Lumidesign, Evervue, Videotree |
Other key industry trends
- In terms of revenue, Australia accounted for 1.3% of the global smart mirror market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China smart mirror market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 18.1 million by 2030.
Wall mounted was the largest segment with a revenue share of 85.07% in 2022. Horizon Databook has segmented the Australia smart mirror market based on wall mounted, free-standing covering the revenue growth of each sub-segment from 2017 to 2030.
Smart homes in Australia have gained significant traction in recent years, driven by technological advancements and a growing interest in connected living. Australian homeowners are increasingly adopting smart home automation systems like smart mirrors to enhance convenience, improve fitness, and even manage entertainment.
One key aspect of smart homes in Australia is home automation, which allows users to control various devices and systems through integrated platforms. Smart mirrors can integrate with Amazon Alexa and Google Assistant for voice-controlled automation, enabling users to manage lighting, thermostats, entertainment systems, and even security features with simple voice commands.
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Smart Mirror Market Scope
Smart Mirror Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Lumidesign | View profile | 1-10 | Richmond Hill, Ontario, Canada, North America | https://lumidesign.ca/ |
| Videotree | View profile | 11-50 | Weybridge, Surrey, United Kingdom, Europe | http://www.videotree.com |
| Evervue | View profile | 101-250 | Newport, Newport, United Kingdom, Europe | https://www.evervue.com |
| Majestic Mirror & Frame | View profile | 101-250 | Miami, Florida, United States, North America | https://majesticmirror.com/ |
| Hidden Television | View profile | 1-10 | Toledo, Ohio, United States, North America | https://www.hiddentelevision.com |
| SEURA | View profile | 101-250 | Green Bay, Wisconsin, United States, North America | http://seura.com |
| Electric Mirror, LLC | View profile | 251-500 | Everett, Washington, United States, North America | http://electricmirror.com |
Australia smart mirror market size, by installation type, 2017-2030 (US$M)
Australia Smart Mirror Market Outlook Share, 2022 & 2030 (US$M)
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