Global Smart Eyewear Market Estimated to Reach US$ 20,796.21 Mn by 2022, due to increasing demand in tracking movements in 3D Space.

Absolute Markets Insights offers its latest published report ‘Global Smart Eyewear Market By Technology (Augmented Reality, Virtual Reality, Other (Mixed reality and other)); By Distribution Channel (Retail Stores, Online Stores, Optical stores, Independent Brands); By Product Type (Head-Mounted Displays, Assisted Reality Glasses, Mixed Reality Holographic Displays, Smart Helmets, Others );    By Operating System (Android, Linux, Others); By Application (Consumer (Electronics, Fitness and Sports Applications, Infotainment and Multimedia Applications, Garments and Fashion Applications, Multi-Function Applications), Healthcare, Enterprise and Industrial Applications (Logistics, Packaging, and Warehouse Applications,         Other Industrial Applications), Other Application); By Region (U.S., Rest of North America, France, UK, Germany, Spain, Italy, Rest of Europe, China, Japan, India, Southeast Asia, Rest of Asia Pacific, GCC Countries, Southern Africa, Rest of MEA, Brazil, Rest of Latin America) - Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2018 – 2026’. The author of the report analyzed that global smart eyewear market accounted for US$ 4,548.97 million in 2017. These solutions have been developed to capture hands-free images and videos which has a wide application in the field of medicine, education, entertainment, military, commerce and sports and has led to the development of this market.

Purchase the complete report titled Global Smart Eyewear Market - Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2018 - 2026” at https://www.absolutemarketsinsights.com/reports/Smart-Eyewear-Market-2018-2026-54.

Global Smart Eyewear Market

The recent penetration of advanced technology and huge investments in the research and development of the industry has factored to the growth of smart eyewear market. Unappealing look of the devices, unoptimized technology, many laws and legislation surrounding smart glasses such as potential threat of cheating during exams and other privacy policies have restricted their application. However, rising demand in various business applications, is expected to drive the market growth in the future.

Virtual Reality Anticipated to be the Dominant Segment during the Forecast Period

Among the technology type, virtual reality is estimated to be holding the largest market share. It is user friendly, acts as a work unit from enterprise to warehouse, tracks time, speed and can receive information, GPS navigation, with high speed analytics has factored in fueling the market growth. Google glass, Vuzix M100, Recon Jet, Samsung Gear Blink and Ion are some of the prevailing vendors manufacturing smart glasses. Google glass is incorporated with a battery, bone conduction transducer for audio, logic board, camera (5 MP camera), video button (720p video) and a touch pad. However, it ran out of production within a year of its advent, thus affecting the smart eyewear market growth.

Rising Demand for Global Smart Eyewear Solutions to Drive the Market in Asia Pacific

On the basis of geography, in Asia Pacific holds the largest market share globally. The increasing adoption of advanced technologies, rising awareness of its extensive application in the field of entertainment, medicine and healthcare, sports, defence and consumer electronics has propelled its progress. The expensive nature of these devices is enormously constricting the growth of the market. However, the key players are focusing on reducing the device cost which will factor the expansion of global smart eyewear market in Asia Pacific.

Global Smart Eyewear Solutions Market is fragmented with the Presence of Global and Regional Players           

Some of the primary participants in global smart eyewear market are Microsoft Corporation, Meta Company, Epson America, Inc, BAE Systems, Samsung Electronics Co., Ltd, Osterhout Design Group, Inc, Recon Instruments, Inc., Kopin Corporation, Google Inc., Sony Corporation, VUZIX, Lenovo, Lumus Ltd, Optinvent S.A.  Microsoft Corporation has launched HoloLens, which uses hologram to enable a user visualize and work with digital content as part of their real world.  

  • Global Smart Eyewear Solutions Market - By Technology
    • Augmented Reality
    • Virtual Reality
    • Other (Mixed reality and other)
  • Global Smart Eyewear Solutions Market - By Distribution Channel 
    • Retail Stores
    • Online Stores
    • Optical stores
    • Independent Brands
  • Global Smart Eyewear Solutions Market - By Product Type 
    • Head-Mounted Displays
    • Assisted Reality Glasses
    • Mixed Reality Holographic Displays
    • Smart Helmets
    • Others
  • Global Smart Eyewear Solutions Market - By Operating System 
    • Android
    • Linux
    • Others
  • Global Smart Eyewear Solutions Market-  By Application 
    • Consumer Electronics
      • Fitness and Sports Applications
      • Infotainment and Multimedia Applications
      • Garments and Fashion Applications
      • Multi-Function Applications
    • Healthcare
    • Enterprise and Industrial Applications
      • Logistics, Packaging, and Warehouse Applications
      • Other Industrial Applications
    • Other Application
  • Global Smart Eyewear Solutions Market - By Region:
    • North America
      • U.S.
      • Rest of North America
    • Europe
      • France
      • The UK
      • Spain
      • Germany
      • Italy
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Southeast Asia
      • Rest of Asia Pacific
    • Middle East and Africa
      • GCC Countries
      • Southern Africa
      • Rest of Middle East and Africa
    • Latin America
      • Brazil
      • Rest of Latin America