The “Smart Mirror” market is expected to reach $1,220.3 million by 2022, growing at a CAGR of 14.4% during the forecast period 2016–2022, reports Infoholic Research LLP.
Any highly functional mirror consisting various layers of different smart materials can be a Smart Mirror. The Augmented Reality (AR) based smart mirror concept is set to gain a considerable market share in multiple brick and mortar businesses. Smart Mirror is the newest advancement set to completely reinvent the retail experience.
The sheer pain physical stores have experienced so far in terms of revenue generation has been massively due to popularity of E-commerce platform aka online shopping. Ever rising dominance of mobile app usage throughout the world has made it harder for storefront retailer to attract customers for over a decade now.
As a consequence, storefront retailers have a genuine reason to look for latest innovations to regain the market share along with an eye to enhance in-store experience for their customers. Luckily, technologies like Internet of Things (IoT) and Augmented Reality (AR) have enormous potential to transform their fortunes with a solution described as Smart Mirror.
System | Basic Features | Admin Features | |
---|---|---|---|
Smart Mirror to be installed | Architecture and Hardware Design | User login and sub user creation | |
3D design and development | Upload product information for 3D rendering | ||
Fully configured CPU with proper RAM and HDD | Total product counts | ||
Kinect Sensor for depth measurement | Total number of visitors count | ||
Touch Screen | Bifurcation for Male/Female visitors | ||
Machine Vision | Graphical statistics for analytics report | ||
Face Detection | |||
Gesture Recognition | |||
Virtual Try-on | |||
360° degree Tryon | |||
Photo capture | |||
Total Cost to develop AR based Smart Mirror | CAD 30000 to CAD 40000 + Admin Panel (Free) |
System | Add on Features | Add on Admin Features |
---|---|---|
Smart Mirror | Purchase/ Buy Icon | Order history |
QR Code for Payment | Auto QR code generation | |
Image Sharing on social platforms | Analytics of social sharing | |
Recommendation engine | Manage recommendation | |
Voice assistant integration | User behaviour tracking | |
Send photo to your email | Contact list export | |
User account creation to store its past history |
Based on our initial assessment, developing and deploying an app like this typically takes around 20-25 weeks.
Have an !dea or need help to develop an AR based Smart Mirror System?