Germany Smart Mirror Market Size & Outlook, 2022-2030
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Germany smart mirror market highlights
- The Germany smart mirror market generated a revenue of USD 39.9 million in 2022 and is expected to reach USD 77.7 million by 2030.
- The Germany market is expected to grow at a CAGR of 8.7% 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 39.9 million |
| Market revenue in 2030 | USD 77.7 million |
| Growth rate | 8.7% (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, Germany accounted for 7.8% 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 Europe, UK smart mirror market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 33.6 million by 2030.
Wall mounted was the largest segment with a revenue share of 82.46% in 2022. Horizon Databook has segmented the Germany smart mirror market based on wall mounted, free-standing covering the revenue growth of each sub-segment from 2017 to 2030.
Germany, known for its technological advancements, has witnessed a growing demand for smart mirror solutions. German consumers value quality and reliability, leading to the availability of smart mirrors that meet standards for craftsmanship and precision engineering.
In line with the country's focus on data privacy and security, German smart mirror manufacturers emphasize robust privacy controls and encryptions to safeguard user information. Energy efficiency is another key aspect of the market, with smart mirrors designed to minimize power consumption and align with Germany's commitment to sustainability.
The adoption of smart mirrors in the hospitality and retail sectors is increasing, with establishments leveraging interactive features and virtual try-on experiences to enhance customer satisfaction and provide personalized recommendations.
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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 |
Germany smart mirror market size, by installation type, 2017-2030 (US$M)
Germany Smart Mirror Market Outlook Share, 2022 & 2030 (US$M)
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