Smart Mirrors Market Expected to Reach $8.85 Billion by 2030
Meticulous Research®, a leading global market research firm, has released a new report titled " Smart Mirrors Market by Offering (Hardware, Software, Services), Installation Type (Wall Mounted, Free-Styled), Application (Automotive, Healthcare, Residential, Retail, Media & Entertainment, Corporate) and Geography - Global Forecast to 2030." According to the report, the global smart mirrors market is projected to reach $8.85 billion by 2030, growing at a compound annual growth rate (CAGR) of 16.4% from 2024 to 2030. This growth is driven by the increasing use of smart mirrors as safer alternatives to convex mirrors in the automotive sector, the rising need for home security, and the retail industry's shift from traditional to digital methods. However, concerns over data security could impede market growth. On the other hand, the adoption of Industry 4.0 and the untapped potential in the Asia-Pa...