Market revenue in 2022 | USD 206.1 million |
Market revenue in 2030 | USD 426.2 million |
Growth rate | 9.5% (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 |
Wall mounted was the largest segment with a revenue share of 83.7% in 2022. Horizon Databook has segmented the U.S. smart mirror market based on wall mounted, free-standing covering the revenue growth of each sub-segment from 2017 to 2030.
The market for smart mirrors in the U.S. has been growing steadily, driven by factors such as increasing consumer interest in connected devices, and a focus on customized services. According to a survey conducted by Bloomberg in 2020, 25% of U.S. households already owned at least one Alexa device.
This paves the way for smart mirror companies to market their products with system compatibility with Alexa, thus driving the market. In December 2021, Capstone Connected, a renowned brand in the U.S. specializing in consumer-driven products, unveiled the Thin Cast Smart Mirror, an innovative addition to its product lineup.
This cutting edge mirror boasts an expansive 18.5-inch touchscreen display, seamless compatibility with Android devices, dual speakers for immersive audio, and offers users two distinct methods of interaction.
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