Brazil Smart Mirror Market Size & Outlook, 2022-2030
Brazil smart mirror market, 2017-2030 (US$M)
Related Markets
Brazil smart mirror market highlights
- The Brazil smart mirror market generated a revenue of USD 5.2 million in 2022 and is expected to reach USD 8.6 million by 2030.
- The Brazil market is expected to grow at a CAGR of 6.6% 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 5.2 million |
| Market revenue in 2030 | USD 8.6 million |
| Growth rate | 6.6% (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, Brazil accounted for 1.0% 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 Latin America, Brazil smart mirror market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 8.6 million by 2030.
Wall mounted was the largest segment with a revenue share of 82.69% in 2022. Horizon Databook has segmented the Brazil smart mirror market based on wall mounted, free-standing covering the revenue growth of each sub-segment from 2017 to 2030.
In Brazil, home automation systems offer a broad range of competences. They allow homeowners to monitor and automate various aspects of their homes, including temperature, lighting, security systems, entertainment devices, and more.
Through smartphone apps or voice-activated assistants, residents can easily manage and monitor their homes from anywhere, providing a seamless and interconnected living experience. This will boost the sales of smart mirrors in the country.
Many technology companies are investing in the Brazilian market to capture the niche customer base. Companies are using technological innovations and AI to further enhance the smart mirrors in the country. In 2022, Google expanded the availability of its voice AI service, Duplex, to Brazil, marking the eleventh country where the tech giant has introduced this technology.
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Smart Mirror Market Scope
Smart Mirror Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil smart mirror market size, by installation type, 2017-2030 (US$M)
Brazil Smart Mirror Market Outlook Share, 2022 & 2030 (US$M)
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