Smart Glasses Market 2024-2028
The smart glasses market is forecasted to grow by USD 76.5 mn during 2023-2028, accelerating at a CAGR of 13.84% during the forecast period. The report on the smart glasses market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by implementation of automation in industrial sector, increase in number of crowdfunding campaigns, and growing adoption of AR gaming by individuals.
Technavio's smart glasses market is segmented as below:
- By Product
- Developer
- Commercial
- By OS
- Android
- Windows
- Others
- By End-user
- Enterprise
- Individual
- By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
This study identifies the rise in number of strategic partnerships and acquisitions as one of the prime reasons driving the smart glasses market growth during the next few years. Also, emergence of slam technology and technological advances will lead to sizable demand in the market.
The report on the smart glasses market covers the following areas:
- Smart glasses market sizing
- Smart glasses market forecast
- Smart glasses market industry analysis
The vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading smart glasses market vendors that include 3M Co., AGC Inc., Alphabet Inc., Atheer Inc, Elbit Systems Ltd., Good Sky Electric Co. Ltd., Huawei Technologies Co., Ltd., Iristick NV, MAD Gaze Ltd., Magic Leap Inc., Microsoft Corp., Nreal Ltd., Optinvent, OXSIGHT Ltd., Seiko Epson Corp., Sony Group Corp., ThirdEye Gen Inc., Toshiba Corp., Vuzix Corp., and Xinology Co. Ltd.. Also, the smart glasses market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.