Authored By: Sarah
13 Apr 2022

Smart Glasses Market | Discover Top Trends and Drivers

Alphabet Inc., Elbit Systems Ltd., Huawei Investment & Holding Co. Ltd., Iristick NV, and Microsoft Corp. are some of the leading market vendors discussed in the research report

Accelerating at a CAGR of almost 15%, the smart glasses market is expected to post an incremental growth of USD 69.10 million over the next five years. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers to provide growth projections and insights. This analytical examination of the market will enable businesses to plan and set the path for future growth prospects.


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Smart Glasses Market: Market Segments and Key Trends

The Bone-anchored Hearing Aids Market market is segmented by Product (Developer and Commercial), End-user (Enterprise and Individual), and Geography (North America, Europe, APAC, MEA, and South America). North America led the market with 61% of the market growth set to originate from this region during the forecast period. is one of the challenges that will need to be overcome to drive growth. This research report provides market share projections of each segment along with a detailed analysis of all the factors that are likely to boost growth within specific regions as well as global markets.

Smart Glasses Market: What are the Growth Drivers?

The growing adoption of AR gaming by individuals is one of the primary factors driving the growth of the smart glasses market. The report provides a detailed study of all the factors that are likely to boost the market. An understanding of the key drivers will enable clients to leverage growth opportunities to their advantage with a view to short-term and long-term business goals.

Browse through some of our other related reports for more insights into the market in focus:

  • Smart Education Market: The smart education market is expected to grow by $ 133.47 billion, accelerating at a CAGR of almost 18.82% during the forecast period.
  • Smart Wearable Healthcare Devices Market: The smart wearable healthcare devices market is set to post an incremental growth of $ 15.70 billion, accelerating at a CAGR of 14.38% during the forecast period.
  • Smart Speaker Market: Global smart speaker market is likely to post an incremental growth of $ 20.72 billion, accelerating at a CAGR of 25.98% during the forecast period.
  • Smart Shoes Market: The smart shoes market is expected to grow by $ 395.91 million, accelerating at a CAGR of almost 25% during the forecast period.
  • Smart Fitness Market: Decelerating at a CAGR of 13.33%, the Global Smart fitness market is expected to grow by $ 34.06 bn during the forecast period.

 

Smart Glasses Market | Trends, Drivers and Vendor Forecasts for 2021-2025

Smart Glasses Market: Competitive Landscape

The market is fragmented. The research report provides insights into the top market player and their product portfolio along with pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Alphabet Inc., Elbit Systems Ltd., Huawei Investment & Holding Co. Ltd., Iristick NV, Microsoft Corp., Optinvent, Seiko Epson Corp., Sony Corp., Toshiba Corp., and Vuzix Corp. are some of the major market participants. For more insights on this market: Download a Free Sample Report

Smart Glasses Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive smart glasses market growth during the next five years
  • Precise estimation of the smart glasses market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the smart glasses market industry across North America, Europe, APAC, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of smart glasses market vendors

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market will accelerate at a CAGR of almost 15%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by USD 69.10 mn through 2021-2025.

     
  3. What is a key factor driving this market?
    growing adoption of AR gaming by individuals will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    North America, Europe, APAC, MEA, and South America are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    61% growth will originate from North America

     
  6. Who are the leading market vendors?
    The leading vendors in this market are Alphabet Inc., Elbit Systems Ltd., Huawei Investment & Holding Co. Ltd., Iristick NV, Microsoft Corp., Optinvent, Seiko Epson Corp., Sony Corp., Toshiba Corp., and Vuzix Corp.

     
  7. What are the market segments covered in this report?
    The market is segmented by Product (Developer and Commercial), End-user (Enterprise and Individual), and Geography (North America, Europe, APAC, MEA, and South America)

Smart Glasses Market Size to Grow by USD 69.10 mn through 2021-2025  

Technavio research projects the smart glasses market to grow by USD 69.10 mn, accelerating at a CAGR of almost 15% till 2025. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking


Smart Glasses Market: Receive FREE Sample Report


Smart Glasses Market: Key Market Driver

One of the primary factors that will trigger the growth of the smart glasses market size is growing adoption of AR gaming by individuals. This research report provides a comprehensive analysis of all the factors that are likely to propel market growth, taking into account the market trends as well as challenges that are likely to impede growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.

Smart Glasses Market | Trends, Drivers and Vendor Forecasts for 2021-2025

Smart Glasses Market: Vendor Analysis

The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Alphabet Inc., Elbit Systems Ltd., Huawei Investment & Holding Co. Ltd., Iristick NV, Microsoft Corp., Optinvent, Seiko Epson Corp., Sony Corp., Toshiba Corp., and Vuzix Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with a pipeline analysis of vendor operations and the impact of government regulations. For more insights on this market: Download a Free Sample Report

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