Asia Pacific Smart Mirror Market Size & Outlook, 2022-2030
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Asia Pacific smart mirror market highlights
- The Asia Pacific smart mirror market generated a revenue of USD 77.7 million in 2022.
- The market is expected to grow at a CAGR of 8.1% 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.
- Country-wise, South Korea is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 77.7 million |
| Market revenue in 2030 | USD 145.4 million |
| Growth rate | 8.1% (CAGR from 2022 to 2030) |
| Largest segment | Wall mounted |
| Fastest growing segment | Wall Mounted |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, Asia Pacific region accounted for 15.1% of the global smart mirror market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 491.3 million by 2030.
Wall mounted was the largest segment with a revenue share of 84.43% in 2022. Horizon Databook has segmented the Asia Pacific smart mirror market based on wall mounted, free-standing covering the revenue growth of each sub-segment from 2017 to 2030.
The strong presence of key manufacturers and technological advancements in countries like China, Japan, and South Korea is propelling the growth of the smart mirror market in Asia Pacific. These countries are known for their innovation in the electronics and technology sectors, allowing for the development and deployment of cutting-edge smart mirror solutions.
The startup culture surrounding smart mirrors in India is marked by a dynamic and rapidly evolving ecosystem, where entrepreneurs are harnessing technology to create novel and engaging experiences for consumers in various domains. Australia is focusing on smart homes and incorporating more devices and technologies, offering greater interoperability and customization options, boosting the smart mirrors market.
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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 |
Asia Pacific smart mirror market size, by country, 2017-2030 (US$M)
Asia Pacific Smart Mirror Market Outlook Share, 2022 & 2030 (US$M)
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