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Global Smart Eyewear Market Size, Share, Development, Growth and Demand Forecast to 2023

07-03-2018 12:33 AM CET | Fashion, Lifestyle, Trends

Press release from: P&S Market Research - Consumer Products

Smart Eyewear Market

Smart Eyewear Market

The global smart eyewear market is growing with a significant rate, due to rapid innovation in sensor technology. North America leads the global smart eyewear market, due to high adoption rate of digital components in consumer electronics, smart textiles, fitness and sports market. Large population and high obesity rate is further propelling the market growth of smart eyewear in this region.

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Google dominates the smart eyewear market with its product Google Glass. Recon Instruments recently introduced Recon Jet, smart sunglasses that run fitness applications for athletes to track their progress, as they are being trained. Recon Instruments also designed smart goggles for snow sports. Google glass, launched in April 2014, captured attention of consumers and created new interest in smart eyewear, which in turn created heads-up displays for everyday life.

Other smart eyewear devices focus on creating increased reality experiences. Vuzix, a U.S. based company, provides a range of advanced smart glasses, such as Wrap 920AR and STAR 1200XLD. The new companies in the market such as Meta, offers smart glasses with a combination of high definition (HD) and infrared cameras with translucent displays. The smart glasses of Meta allow the wearer to use gestures for controlling augmented reality objects, directly in their field of vision.

Smart eyewear is a wearable computing device, which enhances information onto reality or actually supports people to see clearly. This is achieved with the help of an optical computerized internet connected glasses or head mounted display, with transparent heads up display or augmented reality. Some of the sensors used in smart glasses are accelerometer, image sensors, gyroscope, touch sensors, pressure sensors, and thermometers.

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Two of the key competitors in the global smart eyewear market are Google Inc., and Recon Instruments Inc.

About P&S Market Research

P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

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