World Smart Mirror Market - Opportunities and Forecasts, 2014 - 2022
This side of the mirror based on the Android system is very innovative, it seems the equivalent of an interactive intelligent display, the Android operating system and home decoration together. The components of the whole system that make up this mirror are: the Android tablet that provides the interface and the RF proximity sensor that detects whether the user is in contact with the mirror, the user can sense and intelligently display information without actually touching the mirror.Smart Mirror is the emerging concept in this fast changing IT world. Smart Mirror is an alternative to a rear mirror used in the automotives. It provides integrated GPS navigation, Bluetooth connectivity and backup camera, which helps the driver to drive the vehicle with ease. Smart mirrors are used in both automotive and non automotive sectors. The global auto-diming mirror market is growing at a CAGR of 7.59% and it is expected to reach a value of $3 million by 2016.
The major driving factors of Smart Mirror market are comfort and safety. It provides safety by tracking the vehicle whenever required. Use of smart mirror in automotives has reduced the rate of road accidents. This is the biggest benefit of the smart mirror, which leads to a secure driving environment. This smart mirror technology possesses features such as self-dimming, self-cleaning, self-repairing, etc. The key restrain for this technology are its technical drawbacks such as memory loss and faulty sensors etc.
According to the Japanese company that developed the mirror, the mirror is not currently considered for sale as a commercial product, but it is ideally suited for use in beauty salons, barber shops, bars, retail stores and even at home.