Global smart eyewear technology- insights & trends

2018-05-22 16:01:25

According to a new report published by Reports Monitor titled, “global smart eyewear technology market , Growth Opportunities, Innovations and Forecast, 2017-2025, “global smart eyewear technology Market” was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025. 

The acceptance of virtual reality technologies I.e smart devices permitted with AR (augmented reality), VR (virtual reality) technologies, Increasing demand for smart gadgets & gaming devices are driving the growth of the market. As per data over 20 million U.S. consumers are willing to wear AR devices. Rising investments by many start ups & major players such as Google, Microsoft & Facebook will contribute to rising revenues of smart eyewear technology in near future. Furthermore Facebook investment in VR in 2014 will contribute to growth in smart glasses technology.

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Computerized eyeglasses that displays information for the user. It adds information alongside to what the wearer sees. They are wearable computer glasses that are able to change its properties during the run time. They are capable of reflecting the projected digital information. It is able to collect information from internal & external censors & able to control & retrieve data from other instruments .It supports wireless technology such as Bluetooth , GPS etc. The greatest impact is in manufacturing as it supports the workers in completing individual tasks & having both hands free non-automatic activity.

This report provides a detailed analysis of global smart eyewear technology market, which includes current industry situations such as market size, growth and demands, market outlook, major players with their key strategies such as investment, mergers and acquisitions, value chain analysis and swot analysis. It covers the market canvas and the growth, opportunities in the coming years. The report has been made with an in-depth analysis along with important inputs from the various industry experts. The research is carried out with both extensive primary and secondary data sources with bottom-up and top-down approaches.

The market is segmented based on technology & product type. Based on technology I.e Augmented Reality, Virtual Reality 

Based on Product type I.e Head-Mounted Displays, Assisted Reality Glasses, Mixed Reality Holographic Displays, Smart Helmets & Others.

Based on geographies market has been analyzed as: 
North America (U.S. and Canada) Latin America (Mexico, Brazil, Peru, Chile, and others) Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg) Eastern Europe (Poland and Russia) Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand) Middle East and Africa (GCC, Southern Africa, and North Africa)

Leading players in smart eyewear technology are:
Google Inc, Sony Corporation, Microsoft Corporation, Epson, America Inc, Lumus Ltd, Vuzix Corporation, Meta Company, Optinvent SA, Osterhout Design Group, Kopin Corporation, Lenovo, Recon Instruments, Samsung Electronics Co. Ltd.

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