Press release
Smart Glass Market worth US$ 20,796.21 Mn by 2022- Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast
Absolute Markets Insights offers its latest published report “Global Smart Eyewear Market - 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.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.
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Virtual Reality Anticipated to be the Dominant Segment during the Forecast Period
Among the technology types, virtual reality is estimated to occupy the largest market share. User-friendly, working from unit to warehouse, receiving time, speed and information, and GPS navigation through high-speed analysis accelerates market growth. Google Glass, Vuzix M100, Recon Jet, Samsung Gear Blink and Ion are major manufacturers of smart glasses. Google Glass integrates battery, bone conduction transducer for audio, logic board, camera (5MP camera), video button (720p video) and touchpad. However, production ceased in a year after its emergence, which affected the growth of the smart eyewear market.
Rising Demand for Global Smart Eyewear Solutions to Drive the Market in Asia Pacific
The Asia Pacific region has the largest worldwide market share in terms of geography. Advances in the advancement of advanced technology have become increasingly recognized for a wide range of applications in the fields of entertainment, healthcare and healthcare, sports, defense and consumer electronics. The costly nature of these devices dramatically limits market growth. However, major players are focusing on reducing device costs that drive the 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.
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Global Smart Eyewear Solutions Market is Segmented By Technology in to Augmented Reality, Virtual Reality, Other (Mixed reality and other)
By Product Type Global Smart Eyewear Solutions Market is Catenaries in to Head-Mounted Displays,
Assisted Reality Glasses, Mixed Reality Holographic Displays, Smart Helmets, Others
Company Profile:
The smart eyewear market report provides both, subjective and quantitative research of the market, as well as integrates worthy insights into the rational scenario and favored development methods adopted by the key contenders. The report also offers extensive research on the key players in this market and detailed insights on the competitiveness of these players. The key business strategies such as M&A, affiliations, collaborations, and contracts adopted by the major players are also recognized and analyzed in the report. For each company, the report recognizes their headquarter, competitors, product/service type, application and specification, pricing, and gross margin.
Major Key Player Covered In This Report 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 and Optinvent S.A. amongst others.
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The Smart Eyewear Market Report mainly covers following Content.
Chapter 1 Smart Eyewear Market Overview
Chapter 2 Global Economic Impact
Chapter 3 Competition by Manufacturer
Chapter 4 Production, Revenue (Value) by Region
Chapter 5 Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Production, Revenue (Value), Price Trend by Type
Chapter 7 Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Market Forecast
Continued…
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