Smart Glasses Market by Monocular & Binocular Glasses, Monochrome, Full-color Display, Photochromic, Electrochromic, Polymer-Dispersed Liquid Crystals (PLD), Suspended Particles Device, Gaming, Remote Inspection, Telemedicine - Global Forecast to 2030
The global smart glasses market is estimated to grow from USD 878.8 million in 2024 to USD 4,129.3 million in 2030; it is expected to grow at a CAGR of 29.4% during the forecast period. The smart glasses market has a promising growth potential due to several factors such as the growing adoption of smart glasses in the industrial sector, increased demand for AR and MR smart glasses, and rapid technological developments. Developments in 5G technologies and consumer market expansion are expected to create massive opportunities for the smart glasses market.
“Rising adoption in industrial sector to drive the smart glasses market.”
The market has a promising growth potential due to several factors, including the rapid technological advancements in technologies such as AR, displays, and sensors, increased demand for AR and MR smart glasses, and increasing adoption in industrial sector. It presents significant opportunities through developments in 5G technologies, and consumer market expansion. Increasing adoption in industries such as manufacturing, healthcare, warehousing, and construction for remote assistance, employee training, and hands-free capabilities is boosting their demand. Their ability to enhance efficiency and safety for workers is creating demand for smart glasses from industries.
“Monocular smart glasses segment is expected to witness significant CAGR during the forecast period.”
Monocular smart glasses provide a single display that projects information to one eye. This gives the user complete freedom for one eye, making them suitable for situations that require surrounding vision. It also provides an unobstructed view of the surroundings. Monocular smart glasses are often lightweight and compact and offer enhanced comfort. They are used in logistics, maintenance, and field services industries where hands-free access to information is required. Monocular smart glasses enable users to access information hands-free while working on other tasks improving their efficiency. In construction, maintenance, and logistics, workers can view data using these glasses, and operate machines/equipment without needing other devices.
“Advanced smart glasses to witness significant CAGR for feature segment during the forecast period.”
Advanced smart glasses integrate high-quality audio systems. These devices have speakers that are built into the frames, and project sound directly into the user's ears, allowing for music playback, phone calls, and interaction with voice assistants. It is equipped with a microphone that reduces background noise and records clear audio for calls and voice commands. The camera in advanced smart glass is a major selling point. this allows users to capture and share experiences seamlessly. They also have integrated cameras for recording videos.
“Consumer industry set to hold a significant market share by 2030.”
In the consumer market, smart glasses enhance personal experiences by integrating digital features into daily life. These devices offer a range of functionalities such as media consumption, navigation, and social interaction. They have emerged as a versatile tool in the consumer industry, enhancing experiences across various domains such as entertainment, communication, gaming, and navigation. Their ability to overlay digital information onto the real world through AR provides unique applications that cater to diverse consumer needs.
“Asia Pacific is likely to hold prominent market share in 2024.”
The smart glasses market in the Asia Pacific is categorized further into Japan, China, India, South Korea and Rest of Asia Pacific. China being the technological prowess, India being the most attractive region considering the youth in the country adopting to smart wear technology are expected to be the drivers for the growth of the market in the region. The presence of key technology providers and massive consumer market opportunities in the China, innovation in manufacturing and advanced technologies creating high demand in Japan, government support & technological advancements to create opportunities in South Korea and increasing adoption by young Indian population to create massive growth opportunities for the smart glasses market.
Breakdown of primaries
A variety of executives from key organizations operating in the smart glasses market were interviewed in-depth, including CEOs, marketing directors, and innovation and technology directors.
Meta (US), Vuzix (US), Seiko Epson Corporation (Japan), EssilorLuxottica (France), Amazon.com, Inc. (US), TCL Electronics Holdings Limited (China), LUCYD EYEWEAR (US), Lenovo (China), Huawei Investment & Holding Co., Ltd. (China), and Xiaomi (China) are the some of the key players in the smart glasses market. These leading companies possess a wide portfolio of products, establishing a prominent presence in established as well as emerging markets. The study provides a detailed competitive analysis of these key players in the smart glasses market, presenting their company profiles, most recent developments, and key market strategies.
Research Coverage
This report offers detailed insights into the smart glasses market based on Type (monocular and binocular), Feature (Basic, and Advanced), Industry (Education & Research, Automotive, Healthcare, Manufacturing, Warehousing, Consumer, and Others (Agriculture, Public safety, and Construction), and region (North America, Europe, Asia Pacific, and Rest of the World (includes the Middle East, South America and Africa.)
The report also comprehensively reviews the smart glasses market drivers, restraints, opportunities, and challenges. The report also covers qualitative aspects in addition to the quantitative aspects of these markets.
Reasons to buy the report:
The report will help the leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall market and the sub-segments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the smart glasses market's pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
“Rising adoption in industrial sector to drive the smart glasses market.”
The market has a promising growth potential due to several factors, including the rapid technological advancements in technologies such as AR, displays, and sensors, increased demand for AR and MR smart glasses, and increasing adoption in industrial sector. It presents significant opportunities through developments in 5G technologies, and consumer market expansion. Increasing adoption in industries such as manufacturing, healthcare, warehousing, and construction for remote assistance, employee training, and hands-free capabilities is boosting their demand. Their ability to enhance efficiency and safety for workers is creating demand for smart glasses from industries.
“Monocular smart glasses segment is expected to witness significant CAGR during the forecast period.”
Monocular smart glasses provide a single display that projects information to one eye. This gives the user complete freedom for one eye, making them suitable for situations that require surrounding vision. It also provides an unobstructed view of the surroundings. Monocular smart glasses are often lightweight and compact and offer enhanced comfort. They are used in logistics, maintenance, and field services industries where hands-free access to information is required. Monocular smart glasses enable users to access information hands-free while working on other tasks improving their efficiency. In construction, maintenance, and logistics, workers can view data using these glasses, and operate machines/equipment without needing other devices.
“Advanced smart glasses to witness significant CAGR for feature segment during the forecast period.”
Advanced smart glasses integrate high-quality audio systems. These devices have speakers that are built into the frames, and project sound directly into the user's ears, allowing for music playback, phone calls, and interaction with voice assistants. It is equipped with a microphone that reduces background noise and records clear audio for calls and voice commands. The camera in advanced smart glass is a major selling point. this allows users to capture and share experiences seamlessly. They also have integrated cameras for recording videos.
“Consumer industry set to hold a significant market share by 2030.”
In the consumer market, smart glasses enhance personal experiences by integrating digital features into daily life. These devices offer a range of functionalities such as media consumption, navigation, and social interaction. They have emerged as a versatile tool in the consumer industry, enhancing experiences across various domains such as entertainment, communication, gaming, and navigation. Their ability to overlay digital information onto the real world through AR provides unique applications that cater to diverse consumer needs.
“Asia Pacific is likely to hold prominent market share in 2024.”
The smart glasses market in the Asia Pacific is categorized further into Japan, China, India, South Korea and Rest of Asia Pacific. China being the technological prowess, India being the most attractive region considering the youth in the country adopting to smart wear technology are expected to be the drivers for the growth of the market in the region. The presence of key technology providers and massive consumer market opportunities in the China, innovation in manufacturing and advanced technologies creating high demand in Japan, government support & technological advancements to create opportunities in South Korea and increasing adoption by young Indian population to create massive growth opportunities for the smart glasses market.
Breakdown of primaries
A variety of executives from key organizations operating in the smart glasses market were interviewed in-depth, including CEOs, marketing directors, and innovation and technology directors.
- By Company Type: Tier 1 = 50%, Tier 2 = 30%, and Tier 3 = 20%
- By Designation: C-level Executives = 35%, Directors = 30%, and Others (sales, marketing, and product managers, as well as members of various organizations) = 35%
- By Region: North America =40%, Europe = 25%, Asia Pacific =20%, and Rest of the World = 15%
Meta (US), Vuzix (US), Seiko Epson Corporation (Japan), EssilorLuxottica (France), Amazon.com, Inc. (US), TCL Electronics Holdings Limited (China), LUCYD EYEWEAR (US), Lenovo (China), Huawei Investment & Holding Co., Ltd. (China), and Xiaomi (China) are the some of the key players in the smart glasses market. These leading companies possess a wide portfolio of products, establishing a prominent presence in established as well as emerging markets. The study provides a detailed competitive analysis of these key players in the smart glasses market, presenting their company profiles, most recent developments, and key market strategies.
Research Coverage
This report offers detailed insights into the smart glasses market based on Type (monocular and binocular), Feature (Basic, and Advanced), Industry (Education & Research, Automotive, Healthcare, Manufacturing, Warehousing, Consumer, and Others (Agriculture, Public safety, and Construction), and region (North America, Europe, Asia Pacific, and Rest of the World (includes the Middle East, South America and Africa.)
The report also comprehensively reviews the smart glasses market drivers, restraints, opportunities, and challenges. The report also covers qualitative aspects in addition to the quantitative aspects of these markets.
Reasons to buy the report:
The report will help the leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall market and the sub-segments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the smart glasses market's pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Analysis of key drivers (rapid technological advancement, increased demand for AR and MR smart glasses, and growing adoption in industrial sector), restraints (regulatory constraints and safety concerns, and dynamic consumer preferences) opportunities (developments in 5G technology, and consumer market expansion) and challenges (technical limitations).
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the smart glasses market
- Market Development: Comprehensive information about lucrative markets – the report analyses the smart glasses market across varied regions
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the smart glasses market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players like Meta (US), Vuzix (US), Seiko Epson Corporation (Japan), EssilorLuxottica (France), Amazon.com, Inc. (US), TCL Electronics Holdings Limited (China), LUCYD EYEWEAR (US), Lenovo (China), Huawei Investment & Holding Co., Ltd. (China), and Xiaomi (China) among others.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 INCLUSIONS AND EXCLUSIONS
1.3.2 YEARS CONSIDERED
1.3.3 CURRENCY CONSIDERED
1.3.4 UNITS CONSIDERED
1.4 LIMITATIONS
1.5 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Major secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Primary interviews with experts
2.1.2.2 List of key primary interview participants
2.1.2.3 Breakdown of primary interviews
2.1.2.4 Key data from primary sources
2.1.3 SECONDARY AND PRIMARY RESEARCH
2.1.3.1 Key industry insights
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach to arrive at market size using bottom-up analysis
2.2.1.2 Approach to obtain company-specific information on
smart glasses value chain
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach to arrive at market size using top-down analysis
2.2.3 SUPPLY-SIDE ANALYSIS
2.3 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
2.5 RESEARCH LIMITATIONS
2.6 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE GROWTH OPPORTUNITIES FOR PLAYERS IN SMART GLASSES MARKET
4.2 SMART GLASSES MARKET, BY TYPE
4.3 SMART GLASSES MARKET, BY FEATURE
4.4 SMART GLASSES MARKET, BY INDUSTRY
4.5 SMART GLASSES MARKET, BY COUNTRY
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Rapid technological advancements enhancing smart glasses
5.2.1.2 Increased demand for AR and MR smart glasses
5.2.1.3 Rising adoption in industrial sector
5.2.2 RESTRAINTS
5.2.2.1 Regulatory constraints and safety concerns
5.2.2.2 Dynamic consumer preferences
5.2.3 OPPORTUNITIES
5.2.3.1 Developments in 5G Technologies
5.2.3.2 Consumer Market Expansion
5.2.4 CHALLENGES
5.2.4.1 Technical limitations
5.3 VALUE CHAIN ANALYSIS
5.4 ECOSYSTEM ANALYSIS
5.5 PRICING ANALYSIS
5.5.1 AVERAGE SELLING PRICING TREND OF KEY PLAYERS, BY FEATURE
5.5.2 AVERAGE SELLING PRICING TREND, BY FEATURE (USD)
5.5.3 INDICATIVE PRICING TREND, BY REGION
5.6 INVESTMENT AND FUNDING SCENARIO
5.7 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.8 TECHNOLOGY ANALYSIS
5.8.1 KEY TECHNOLOGIES
5.8.1.1 AR and VR
5.8.1.2 Display technologies
5.8.2 COMPLEMENTARY TECHNOLOGIES
5.8.2.1 5G
5.8.2.2 Artificial intelligence
5.8.3 ADJACENT TECHNOLOGIES
5.8.3.1 Input method technologies
5.8.3.2 Integration of smart glasses with internet of things (IoT) and
smart home devices
5.9 PORTER’S FIVE FORCES ANALYSIS
5.10 KEY STAKEHOLDERS AND BUYING CRITERIA
5.10.1 KEY STAKEHOLDERS IN BUYING PROCESS
5.10.2 BUYING CRITERIA
5.11 TRADE ANALYSIS
5.11.1 IMPORT SCENARIO (HS CODE) 9004
5.11.2 EXPORT SCENARIO (HS CODE) 9004
5.12 PATENT ANALYSIS
5.13 CASE STUDIES
5.13.1 SMART GLASSES IN CUSTOMER SUPPORT AND OPERATIONS
5.13.2 SMART GLASSES IN REMOTE SUPPORT
5.13.3 SMART GLASSES IN HEALTHCARE
5.13.4 SMART GLASSES IN LOGISTICS
5.14 REGULATORY LANDSCAPE
5.14.1 GLOBAL REGULATIONS
5.14.2 GOVERNMENT REGULATIONS
5.15 KEY CONFERENCES AND EVENTS, 2024–2025
5.16 IMPACT OF AI/GEN AI ON SMART GLASSES MARKET
5.16.1 TOP USE CASES AND MARKET POTENTIAL
5.16.2 KEY AI USE CASES
5.16.2.1 AI smart glasses for gaming
5.16.2.2 AI smart glasses for professional and industrial applications
5.16.2.3 Best practices: Who is implementing above use cases?
5.16.3 INTERCONNECT ADJACENT ECOSYSTEM
6 OPERATING SYSTEMS IN SMART GLASSES
6.1 INTRODUCTION
6.2 ANDROID
6.3 IOS
6.4 WINDOWS
6.5 OTHER PROPRIETARY OPERATING SYSTEMS
7 CONNECTIVITY IN SMART GLASSES
7.1 INTRODUCTION
7.2 WI-FI
7.3 BLUETOOTH
7.4 OTHER CONNECTIVITY TECHNOLOGIES
8 TINTING TECHNOLOGY IN SMART GLASSES
8.1 INTRODUCTION
8.2 POLYMER-DISPERSED LIQUID CRYSTALS
8.3 ELECTROCHROMIC
8.4 PHOTOCHROMIC
8.5 SUSPENDED PARTICLE DEVICE TECHNOLOGY
9 APPLICATIONS OF SMART GLASSES
9.1 INTRODUCTION
9.2 GAMING & ENTERTAINMENT
9.3 REMOTE INSPECTION
9.4 TELEMEDICINE
9.5 PRODUCT DESIGN & DEVELOPMENT
9.6 3D VISUALIZATION & PROTOTYPING
9.7 OTHER APPLICATIONS
10 SMART GLASSES MARKET, BY TYPE
10.1 INTRODUCTION
10.2 MONOCULAR
10.2.1 USE FOR ENHANCING EFFICIENCY AND SAFETY TO DRIVE MARKET
10.3 BINOCULAR
10.3.1 USE FOR IMMERSIVE AR EXPERIENCE TO BOOST DEMAND IN CONSUMER INDUSTRY AND INDUSTRIAL SECTOR
10.4 TYPES OF SMART GLASSES BASED ON COLOR OF DISPLAY
10.4.1 MONOCHROME SMART GLASSES
10.4.2 FULL-COLOR SMART GLASSES
11 SMART GLASSES MARKET, BY FEATURE
11.1 INTRODUCTION
11.2 BASIC
11.2.1 RAPID GROWTH IN CONSUMER APPLICATIONS TO DRIVE DEMAND
11.3 ADVANCED
11.3.1 ADVANCED SMART GLASSES EMPOWERING INDUSTRIES WITH AUGMENTED INTELLIGENCE TO BOOST SEGMENTAL GROWTH
12 SMART GLASSES MARKET, BY INDUSTRY
12.1 INTRODUCTION
12.2 EDUCATION & RESEARCH
12.2.1 RISING DEMAND IN TRAINING COURSES AND VIRTUAL FIELD TRIPS TO BOOST SEGMENTAL GROWTH
12.3 HEALTHCARE
12.3.1 USE IN SURGERY, TELEMEDICINE, AND TRAINING TO DRIVE GROWTH
12.4 CONSUMER
12.4.1 RISING DEMAND FOR GAMING, COMMUNICATION AND ENTERTAINMENT TO BOOST GROWTH
12.5 AUTOMOTIVE
12.5.1 USE IN AR-BASED REPAIR ASSISTANCE, ENHANCED VEHICLE ASSEMBLY, AND DESIGN PROTOTYPING TO BOOST DEMAND
12.6 MANUFACTURING
12.6.1 INCREASING DEMAND IN REMOTE ASSISTANCE, WORKFLOW SUPPORT, AND 3D VISUALIZATION TO DRIVE MARKET
12.7 WAREHOUSING
12.7.1 NEED FOR INVENTORY MANAGEMENT TO DRIVE MARKET
12.8 OTHER INDUSTRIES
13 SMART GLASSES MARKET, BY REGION
13.1 INTRODUCTION
13.2 NORTH AMERICA
13.2.1 MACROECONOMIC OUTLOOK FOR NORTH AMERICA
13.2.2 US
13.2.2.1 Presence of leading tech giants and robust technological developments to drive market
13.2.3 CANADA
13.2.3.1 Rapid adoption in enterprise sector to drive market
13.2.4 MEXICO
13.2.4.1 Growing demand from consumer and manufacturing industries to drive market
13.3 EUROPE
13.3.1 MACROECONOMIC OUTLOOK FOR EUROPE
13.3.2 GERMANY
13.3.2.1 Rising adoption in thriving automotive industry to boost market
13.3.3 UK
13.3.3.1 Demand from healthcare and education & research to trigger growth
13.3.4 FRANCE
13.3.4.1 Increasing demand from tourism and presence of smart glass manufacturers to fuel regional growth
13.3.5 ITALY
13.3.5.1 Adoption in hospitality, tourism, and automotive industries to
drive regional growth
13.3.6 REST OF EUROPE
13.4 ASIA PACIFIC
13.4.1 MACROECONOMIC OUTLOOK FOR ASIA PACIFIC
13.4.2 CHINA
13.4.2.1 Large presence of smart glass manufacturers and massive consumer market opportunities to drive market
13.4.3 JAPAN
13.4.3.1 Innovation in manufacturing and advanced technologies to
drive market
13.4.4 SOUTH KOREA
13.4.4.1 Government support and technological advancements to offer lucrative growth opportunities
13.4.5 INDIA
13.4.5.1 Rising adoption by large young population to drive market
13.4.6 REST OF ASIA PACIFIC
13.5 ROW
13.5.1 MACROECONOMIC OUTLOOK FOR ROW
13.5.2 MIDDLE EAST
13.5.2.1 Adoption in oil & gas industry to drive market
13.5.2.2 GCC countries
13.5.2.2.1 Rising adoption in consumer and oil & gas industries to create market opportunities
13.5.2.3 Rest of the Middle East
13.5.3 AFRICA
13.5.3.1 Adoption in healthcare & education to create opportunities
13.5.4 SOUTH AMERICA
13.5.4.1 Demand in manufacturing and agriculture to drive regional growth
14 COMPETITIVE LANDSCAPE
14.1 OVERVIEW
14.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2023
14.2.1 PRODUCT PORTFOLIO
14.2.2 REGIONAL FOCUS
14.2.3 MANUFACTURING FOOTPRINT
14.2.4 ORGANIC/INORGANIC GROWTH STRATEGIES
14.3 REVENUE ANALYSIS, 2019–2023
14.4 MARKET SHARE ANALYSIS, 2023
14.5 COMPANY VALUATION AND FINANCIAL METRICS
14.6 BRAND/PRODUCT COMPARISON
14.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
14.7.1 STARS
14.7.2 EMERGING LEADERS
14.7.3 PERVASIVE PLAYERS
14.7.4 PARTICIPANTS
14.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
14.7.5.1 Company footprint
14.7.5.2 Industry footprint
14.7.5.3 Type footprint
14.7.5.4 Feature footprint
14.7.5.5 Regional footprint
14.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
14.8.1 PROGRESSIVE COMPANIES
14.8.2 RESPONSIVE COMPANIES
14.8.3 DYNAMIC COMPANIES
14.8.4 STARTING BLOCKS
14.8.5 COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
14.8.5.1 Detailed list of key startups/SMEs
14.9 COMPETITIVE SCENARIO AND TRENDS
14.9.1 PRODUCT LAUNCHES
14.9.2 DEALS
15 COMPANY PROFILES
15.1 KEY PLAYERS
15.1.1 VUZIX
15.1.1.1 Business overview
15.1.1.2 Products offered
15.1.1.3 Recent developments
15.1.1.3.1 Product launches/developments
15.1.1.3.2 Deals
15.1.1.3.3 Expansions
15.1.1.3.4 Other developments
15.1.1.4 MnM view
15.1.1.4.1 Right to win
15.1.1.4.2 Strategic choices
15.1.1.4.3 Weaknesses and competitive threats
15.1.2 META
15.1.2.1 Business overview
15.1.2.2 Products offered
15.1.2.3 Recent developments
15.1.2.3.1 Product launches
15.1.2.4 MnM view
15.1.2.4.1 Key strengths/Right to win
15.1.2.4.2 Strategic choices
15.1.2.4.3 Weaknesses and competitive threats
15.1.3 ESSILORLUXOTTICA
15.1.3.1 Business overview
15.1.3.2 Products offered
15.1.3.2.1 Product launches
15.1.3.3 Recent developments
15.1.3.3.1 Deals
15.1.3.4 MnM view
15.1.3.4.1 Key strengths/Right to win
15.1.3.4.2 Strategic choices
15.1.3.4.3 Weaknesses and competitive threats
15.1.4 SEIKO EPSON CORPORATION
15.1.4.1 Business overview
15.1.4.2 Products offered
15.1.4.3 Recent developments
15.1.4.3.1 Product launches/developments
15.1.4.3.2 Deals
15.1.4.4 MnM view
15.1.4.4.1 Key strengths/Right to win
15.1.4.4.2 Strategic choices
15.1.4.4.3 Weaknesses and competitive threats
15.1.5 TCL ELECTRONICS HOLDINGS LIMITED
15.1.5.1 Business overview
15.1.5.2 Products offered
15.1.5.3 Recent developments
15.1.5.3.1 Product launches
15.1.5.3.2 Deals
15.1.5.4 MnM view
15.1.5.4.1 Key strengths/Right to win
15.1.5.4.2 Strategic choices
15.1.5.4.3 Weaknesses and competitive threats
15.1.6 LENOVO
15.1.6.1 Business overview
15.1.6.2 Products offered
15.1.6.3 Recent developments
15.1.6.3.1 Product launches
15.1.7 LUCYD EYEWEAR
15.1.7.1 Business overview
15.1.7.2 Products offered
15.1.7.3 Recent developments
15.1.7.3.1 Product launches/developments
15.1.7.3.2 Deals
15.1.7.3.3 Other developments
15.1.8 AMAZON.COM, INC.
15.1.8.1 Business overview
15.1.8.2 Products offered
15.1.8.3 Recent developments
15.1.8.3.1 Product launches
15.1.9 HUAWEI INVESTMENT & HOLDING CO., LTD.
15.1.9.1 Business overview
15.1.9.2 Products offered
15.1.10 XIAOMI
15.1.10.1 Business overview
15.1.10.2 Products offered
15.1.10.3 Recent developments
15.1.10.3.1 Product launches
15.2 OTHER PLAYERS
15.2.1 SNAP INC.
15.2.2 RAZER INC.
15.2.3 DYNABOOK INC.
15.2.4 THIRDEYE
15.2.5 REALWEAR INC
15.2.6 DIGILENS INC.
15.2.7 SOLOS SMARTGLASSES
15.2.8 XREAL, INC.
15.2.9 ROKID
15.2.10 AMPERE LLC
15.2.11 MAGIC LEAP, INC.
15.2.12 BRILLIANT LABS
15.2.13 EVERYSIGHT
15.2.14 FAUNA AUDIO GMBH
15.2.15 OPTINVENT
15.2.16 OPPO
16 ADJACENT AND RELATED MARKETS
16.1 INTRODUCTION
16.2 HEAD-MOUNTED DISPLAY MARKET, BY TECHNOLOGY
16.2.1 AUGMENTED REALITY
16.2.1.1 Enhanced user perception with AR-enabled devices to drive segment
17 APPENDIX
17.1 DISCUSSION GUIDE
17.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
17.3 CUSTOMIZATION OPTIONS
17.4 RELATED REPORTS
17.5 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 INCLUSIONS AND EXCLUSIONS
1.3.2 YEARS CONSIDERED
1.3.3 CURRENCY CONSIDERED
1.3.4 UNITS CONSIDERED
1.4 LIMITATIONS
1.5 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Major secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Primary interviews with experts
2.1.2.2 List of key primary interview participants
2.1.2.3 Breakdown of primary interviews
2.1.2.4 Key data from primary sources
2.1.3 SECONDARY AND PRIMARY RESEARCH
2.1.3.1 Key industry insights
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach to arrive at market size using bottom-up analysis
2.2.1.2 Approach to obtain company-specific information on
smart glasses value chain
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach to arrive at market size using top-down analysis
2.2.3 SUPPLY-SIDE ANALYSIS
2.3 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
2.5 RESEARCH LIMITATIONS
2.6 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE GROWTH OPPORTUNITIES FOR PLAYERS IN SMART GLASSES MARKET
4.2 SMART GLASSES MARKET, BY TYPE
4.3 SMART GLASSES MARKET, BY FEATURE
4.4 SMART GLASSES MARKET, BY INDUSTRY
4.5 SMART GLASSES MARKET, BY COUNTRY
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Rapid technological advancements enhancing smart glasses
5.2.1.2 Increased demand for AR and MR smart glasses
5.2.1.3 Rising adoption in industrial sector
5.2.2 RESTRAINTS
5.2.2.1 Regulatory constraints and safety concerns
5.2.2.2 Dynamic consumer preferences
5.2.3 OPPORTUNITIES
5.2.3.1 Developments in 5G Technologies
5.2.3.2 Consumer Market Expansion
5.2.4 CHALLENGES
5.2.4.1 Technical limitations
5.3 VALUE CHAIN ANALYSIS
5.4 ECOSYSTEM ANALYSIS
5.5 PRICING ANALYSIS
5.5.1 AVERAGE SELLING PRICING TREND OF KEY PLAYERS, BY FEATURE
5.5.2 AVERAGE SELLING PRICING TREND, BY FEATURE (USD)
5.5.3 INDICATIVE PRICING TREND, BY REGION
5.6 INVESTMENT AND FUNDING SCENARIO
5.7 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.8 TECHNOLOGY ANALYSIS
5.8.1 KEY TECHNOLOGIES
5.8.1.1 AR and VR
5.8.1.2 Display technologies
5.8.2 COMPLEMENTARY TECHNOLOGIES
5.8.2.1 5G
5.8.2.2 Artificial intelligence
5.8.3 ADJACENT TECHNOLOGIES
5.8.3.1 Input method technologies
5.8.3.2 Integration of smart glasses with internet of things (IoT) and
smart home devices
5.9 PORTER’S FIVE FORCES ANALYSIS
5.10 KEY STAKEHOLDERS AND BUYING CRITERIA
5.10.1 KEY STAKEHOLDERS IN BUYING PROCESS
5.10.2 BUYING CRITERIA
5.11 TRADE ANALYSIS
5.11.1 IMPORT SCENARIO (HS CODE) 9004
5.11.2 EXPORT SCENARIO (HS CODE) 9004
5.12 PATENT ANALYSIS
5.13 CASE STUDIES
5.13.1 SMART GLASSES IN CUSTOMER SUPPORT AND OPERATIONS
5.13.2 SMART GLASSES IN REMOTE SUPPORT
5.13.3 SMART GLASSES IN HEALTHCARE
5.13.4 SMART GLASSES IN LOGISTICS
5.14 REGULATORY LANDSCAPE
5.14.1 GLOBAL REGULATIONS
5.14.2 GOVERNMENT REGULATIONS
5.15 KEY CONFERENCES AND EVENTS, 2024–2025
5.16 IMPACT OF AI/GEN AI ON SMART GLASSES MARKET
5.16.1 TOP USE CASES AND MARKET POTENTIAL
5.16.2 KEY AI USE CASES
5.16.2.1 AI smart glasses for gaming
5.16.2.2 AI smart glasses for professional and industrial applications
5.16.2.3 Best practices: Who is implementing above use cases?
5.16.3 INTERCONNECT ADJACENT ECOSYSTEM
6 OPERATING SYSTEMS IN SMART GLASSES
6.1 INTRODUCTION
6.2 ANDROID
6.3 IOS
6.4 WINDOWS
6.5 OTHER PROPRIETARY OPERATING SYSTEMS
7 CONNECTIVITY IN SMART GLASSES
7.1 INTRODUCTION
7.2 WI-FI
7.3 BLUETOOTH
7.4 OTHER CONNECTIVITY TECHNOLOGIES
8 TINTING TECHNOLOGY IN SMART GLASSES
8.1 INTRODUCTION
8.2 POLYMER-DISPERSED LIQUID CRYSTALS
8.3 ELECTROCHROMIC
8.4 PHOTOCHROMIC
8.5 SUSPENDED PARTICLE DEVICE TECHNOLOGY
9 APPLICATIONS OF SMART GLASSES
9.1 INTRODUCTION
9.2 GAMING & ENTERTAINMENT
9.3 REMOTE INSPECTION
9.4 TELEMEDICINE
9.5 PRODUCT DESIGN & DEVELOPMENT
9.6 3D VISUALIZATION & PROTOTYPING
9.7 OTHER APPLICATIONS
10 SMART GLASSES MARKET, BY TYPE
10.1 INTRODUCTION
10.2 MONOCULAR
10.2.1 USE FOR ENHANCING EFFICIENCY AND SAFETY TO DRIVE MARKET
10.3 BINOCULAR
10.3.1 USE FOR IMMERSIVE AR EXPERIENCE TO BOOST DEMAND IN CONSUMER INDUSTRY AND INDUSTRIAL SECTOR
10.4 TYPES OF SMART GLASSES BASED ON COLOR OF DISPLAY
10.4.1 MONOCHROME SMART GLASSES
10.4.2 FULL-COLOR SMART GLASSES
11 SMART GLASSES MARKET, BY FEATURE
11.1 INTRODUCTION
11.2 BASIC
11.2.1 RAPID GROWTH IN CONSUMER APPLICATIONS TO DRIVE DEMAND
11.3 ADVANCED
11.3.1 ADVANCED SMART GLASSES EMPOWERING INDUSTRIES WITH AUGMENTED INTELLIGENCE TO BOOST SEGMENTAL GROWTH
12 SMART GLASSES MARKET, BY INDUSTRY
12.1 INTRODUCTION
12.2 EDUCATION & RESEARCH
12.2.1 RISING DEMAND IN TRAINING COURSES AND VIRTUAL FIELD TRIPS TO BOOST SEGMENTAL GROWTH
12.3 HEALTHCARE
12.3.1 USE IN SURGERY, TELEMEDICINE, AND TRAINING TO DRIVE GROWTH
12.4 CONSUMER
12.4.1 RISING DEMAND FOR GAMING, COMMUNICATION AND ENTERTAINMENT TO BOOST GROWTH
12.5 AUTOMOTIVE
12.5.1 USE IN AR-BASED REPAIR ASSISTANCE, ENHANCED VEHICLE ASSEMBLY, AND DESIGN PROTOTYPING TO BOOST DEMAND
12.6 MANUFACTURING
12.6.1 INCREASING DEMAND IN REMOTE ASSISTANCE, WORKFLOW SUPPORT, AND 3D VISUALIZATION TO DRIVE MARKET
12.7 WAREHOUSING
12.7.1 NEED FOR INVENTORY MANAGEMENT TO DRIVE MARKET
12.8 OTHER INDUSTRIES
13 SMART GLASSES MARKET, BY REGION
13.1 INTRODUCTION
13.2 NORTH AMERICA
13.2.1 MACROECONOMIC OUTLOOK FOR NORTH AMERICA
13.2.2 US
13.2.2.1 Presence of leading tech giants and robust technological developments to drive market
13.2.3 CANADA
13.2.3.1 Rapid adoption in enterprise sector to drive market
13.2.4 MEXICO
13.2.4.1 Growing demand from consumer and manufacturing industries to drive market
13.3 EUROPE
13.3.1 MACROECONOMIC OUTLOOK FOR EUROPE
13.3.2 GERMANY
13.3.2.1 Rising adoption in thriving automotive industry to boost market
13.3.3 UK
13.3.3.1 Demand from healthcare and education & research to trigger growth
13.3.4 FRANCE
13.3.4.1 Increasing demand from tourism and presence of smart glass manufacturers to fuel regional growth
13.3.5 ITALY
13.3.5.1 Adoption in hospitality, tourism, and automotive industries to
drive regional growth
13.3.6 REST OF EUROPE
13.4 ASIA PACIFIC
13.4.1 MACROECONOMIC OUTLOOK FOR ASIA PACIFIC
13.4.2 CHINA
13.4.2.1 Large presence of smart glass manufacturers and massive consumer market opportunities to drive market
13.4.3 JAPAN
13.4.3.1 Innovation in manufacturing and advanced technologies to
drive market
13.4.4 SOUTH KOREA
13.4.4.1 Government support and technological advancements to offer lucrative growth opportunities
13.4.5 INDIA
13.4.5.1 Rising adoption by large young population to drive market
13.4.6 REST OF ASIA PACIFIC
13.5 ROW
13.5.1 MACROECONOMIC OUTLOOK FOR ROW
13.5.2 MIDDLE EAST
13.5.2.1 Adoption in oil & gas industry to drive market
13.5.2.2 GCC countries
13.5.2.2.1 Rising adoption in consumer and oil & gas industries to create market opportunities
13.5.2.3 Rest of the Middle East
13.5.3 AFRICA
13.5.3.1 Adoption in healthcare & education to create opportunities
13.5.4 SOUTH AMERICA
13.5.4.1 Demand in manufacturing and agriculture to drive regional growth
14 COMPETITIVE LANDSCAPE
14.1 OVERVIEW
14.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2023
14.2.1 PRODUCT PORTFOLIO
14.2.2 REGIONAL FOCUS
14.2.3 MANUFACTURING FOOTPRINT
14.2.4 ORGANIC/INORGANIC GROWTH STRATEGIES
14.3 REVENUE ANALYSIS, 2019–2023
14.4 MARKET SHARE ANALYSIS, 2023
14.5 COMPANY VALUATION AND FINANCIAL METRICS
14.6 BRAND/PRODUCT COMPARISON
14.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
14.7.1 STARS
14.7.2 EMERGING LEADERS
14.7.3 PERVASIVE PLAYERS
14.7.4 PARTICIPANTS
14.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
14.7.5.1 Company footprint
14.7.5.2 Industry footprint
14.7.5.3 Type footprint
14.7.5.4 Feature footprint
14.7.5.5 Regional footprint
14.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
14.8.1 PROGRESSIVE COMPANIES
14.8.2 RESPONSIVE COMPANIES
14.8.3 DYNAMIC COMPANIES
14.8.4 STARTING BLOCKS
14.8.5 COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
14.8.5.1 Detailed list of key startups/SMEs
14.9 COMPETITIVE SCENARIO AND TRENDS
14.9.1 PRODUCT LAUNCHES
14.9.2 DEALS
15 COMPANY PROFILES
15.1 KEY PLAYERS
15.1.1 VUZIX
15.1.1.1 Business overview
15.1.1.2 Products offered
15.1.1.3 Recent developments
15.1.1.3.1 Product launches/developments
15.1.1.3.2 Deals
15.1.1.3.3 Expansions
15.1.1.3.4 Other developments
15.1.1.4 MnM view
15.1.1.4.1 Right to win
15.1.1.4.2 Strategic choices
15.1.1.4.3 Weaknesses and competitive threats
15.1.2 META
15.1.2.1 Business overview
15.1.2.2 Products offered
15.1.2.3 Recent developments
15.1.2.3.1 Product launches
15.1.2.4 MnM view
15.1.2.4.1 Key strengths/Right to win
15.1.2.4.2 Strategic choices
15.1.2.4.3 Weaknesses and competitive threats
15.1.3 ESSILORLUXOTTICA
15.1.3.1 Business overview
15.1.3.2 Products offered
15.1.3.2.1 Product launches
15.1.3.3 Recent developments
15.1.3.3.1 Deals
15.1.3.4 MnM view
15.1.3.4.1 Key strengths/Right to win
15.1.3.4.2 Strategic choices
15.1.3.4.3 Weaknesses and competitive threats
15.1.4 SEIKO EPSON CORPORATION
15.1.4.1 Business overview
15.1.4.2 Products offered
15.1.4.3 Recent developments
15.1.4.3.1 Product launches/developments
15.1.4.3.2 Deals
15.1.4.4 MnM view
15.1.4.4.1 Key strengths/Right to win
15.1.4.4.2 Strategic choices
15.1.4.4.3 Weaknesses and competitive threats
15.1.5 TCL ELECTRONICS HOLDINGS LIMITED
15.1.5.1 Business overview
15.1.5.2 Products offered
15.1.5.3 Recent developments
15.1.5.3.1 Product launches
15.1.5.3.2 Deals
15.1.5.4 MnM view
15.1.5.4.1 Key strengths/Right to win
15.1.5.4.2 Strategic choices
15.1.5.4.3 Weaknesses and competitive threats
15.1.6 LENOVO
15.1.6.1 Business overview
15.1.6.2 Products offered
15.1.6.3 Recent developments
15.1.6.3.1 Product launches
15.1.7 LUCYD EYEWEAR
15.1.7.1 Business overview
15.1.7.2 Products offered
15.1.7.3 Recent developments
15.1.7.3.1 Product launches/developments
15.1.7.3.2 Deals
15.1.7.3.3 Other developments
15.1.8 AMAZON.COM, INC.
15.1.8.1 Business overview
15.1.8.2 Products offered
15.1.8.3 Recent developments
15.1.8.3.1 Product launches
15.1.9 HUAWEI INVESTMENT & HOLDING CO., LTD.
15.1.9.1 Business overview
15.1.9.2 Products offered
15.1.10 XIAOMI
15.1.10.1 Business overview
15.1.10.2 Products offered
15.1.10.3 Recent developments
15.1.10.3.1 Product launches
15.2 OTHER PLAYERS
15.2.1 SNAP INC.
15.2.2 RAZER INC.
15.2.3 DYNABOOK INC.
15.2.4 THIRDEYE
15.2.5 REALWEAR INC
15.2.6 DIGILENS INC.
15.2.7 SOLOS SMARTGLASSES
15.2.8 XREAL, INC.
15.2.9 ROKID
15.2.10 AMPERE LLC
15.2.11 MAGIC LEAP, INC.
15.2.12 BRILLIANT LABS
15.2.13 EVERYSIGHT
15.2.14 FAUNA AUDIO GMBH
15.2.15 OPTINVENT
15.2.16 OPPO
16 ADJACENT AND RELATED MARKETS
16.1 INTRODUCTION
16.2 HEAD-MOUNTED DISPLAY MARKET, BY TECHNOLOGY
16.2.1 AUGMENTED REALITY
16.2.1.1 Enhanced user perception with AR-enabled devices to drive segment
17 APPENDIX
17.1 DISCUSSION GUIDE
17.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
17.3 CUSTOMIZATION OPTIONS
17.4 RELATED REPORTS
17.5 AUTHOR DETAILS
