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Smart Eyewear Market Outlook, Opportunities, Challenges, Industry Trends, Size and Growth Drivers

10-01-2018 07:58 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: P&S Intelligence

Smart Eyewear Market Outlook, Opportunities, Challenges,

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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The Asia-Pacific market is expected to grow with the highest rate, due to growing healthcare industry. The increasing consumer awareness towards health and fitness, along with technology and computing in daily life is also supporting the growth of the market in the 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.

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.

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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 Intelligence
P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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