openPR Logo
Press release

AR/VR Smart Glasses Market Witnessing a CAGR of 16.6% From 2020 to 2027

09-17-2021 04:34 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

AR/VR Smart Glasses Industry

AR/VR Smart Glasses Industry

According to the report published by Allied Market Research, the global AR/VR smart glasses market generated $8.31 billion in 2019, and is estimated to generate $33.16 billion by 2027, witnessing a CAGR of 16.6% from 2020 to 2027. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, competitive scenario, and regional landscape.

Access full Report Description, TOC, Table of Figure, Chart, etc. @

Emerging trends and technological advancements and demand for the AR/VR technology from the gaming industry drive the growth of the global AR/VR smart glasses market. However, lack of sufficient investments in research and development activities of AR/VR hinders the market growth. On the other hand, trends towards 5G technology, rise in use of AR devices and their application in healthcare, and transition towards digitization create new opportunities in the coming years.

Get Instant Access – Download Free Sample Report:

Covid-19 Scenario:

♦ Manufacturing facilities have been shut down completely or partially due to lockdown imposed in many countries during the Covid-19 pandemic. In addition, there have been challenges such as disruptions in the supply chain and shortage of raw materials.

♦ The demand from end-use sectors rolled down drastically due to hindrances in daily operations and lack of business continuity. However, the demand is expected to grow steadily during the post-lockdown. The pace of digitization and advancements in technologies slowed down during the pandemic.

The report offers detailed segmentation of the global AR/VR smart glasses market based on type, end use, and region.

Based on type, the optical see-through segment contributed to the highest market share, holding more than half of the total share in 2019, and is estimated to maintain its leadership status by 2027. However, the video see-through segment is projected to manifest the fastest CAGR of 17.7% from 2020 to 2027.

Get detailed COVID-19 impact analysis on the AR/VR Smart Glasses Market:

Based on end use, the gaming industry segment accounted for the largest market share, holding more than two-fifths of the global AR/VR smart glasses market in 2019, and is estimated to continue its lead position by 2027. However, the healthcare segment is expected to register the fastest CAGR of 22.5% from 2020 to 2027.

By region, Asia-Pacific contributed to the highest share in 2019, accounting for nearly half of the total market share, and will maintain its dominant share in terms of revenue during the forecast period. Moreover, this segment is expected to portray the highest CAGR of 17.9% during the forecast period.

Enquire For More:

Leading players of the global AR/VR smart glasses market analyzed in the research include Avegant, Everysight Ltd., Epson, Lumus Ltd., Kopin Corporation, RealWear, Optinvent, Royale Corporation, Ricoh Company Ltd., and Vuzix.


David Correa

Portland, OR, United States

USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141

UK: +44-845-528-1300

Hong Kong: +852-301-84916

India (Pune): +91-20-66346060

Fax: +1(855)550-5975


Follow Us on LinkedIn:

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release AR/VR Smart Glasses Market Witnessing a CAGR of 16.6% From 2020 to 2027 here

News-ID: 2397664 • Views: 305

More Releases from Allied Market Research

Fantasy Sports Market in Asia-Pacific & Canada is Expected to Reach $3,739.8 Mil …
According to a new report published by Allied Market Research, titled, “Asia-Pacific & Canada Fantasy Sports Market by Sports Type, Platform, and Demographic: Regional Opportunity Analysis and Industry Forecast, 2021–2027,” Asia-Pacific & Canada fantasy sports market size was valued at $2,021.9 million in 2019, and is projected to reach $3,739.8 million by 2027, growing at a CAGR of 10.7% from 2021 to 2027. Fantasy sport is played using internet where participants
Hammock Market Size Is Projected Reach $639.8 Million By 2030, Registering At A …
Surge in hiking and adventure tourism, rise in demand from residential segment, and expansion of hospitality industry drive the growth of the global hammock market. North America contributed to the highest share in terms of revenue in 2020. The outbreak of the COVID-19 pandemic has resulted in transition of consumers toward online sales channels to purchase campaigning gear products including hammocks. According to the report published by Allied Market Research, the
Cotton Personal-Care Product Market 2021: Top Factors That Are Leading The Deman …
A lead analyst at AMR highlighted the market across Europe region is expected to dominate in terms of revenues throughout the forecast period. Allied Market Research published a research report on the Cotton personal-care product market. The findings of the report states that the global market for Cotton personal-care product is expected to reach $19.15 billion by 2028, manifesting a CAGR of 4.6% from 2020 to 2028. The report provides valuable
Global Football Sportswear Market Growing Trade Among Emerging Economies Opening …
As per the report published by Allied Market Research, the global football sportswear market is estimated to reach $114.41 billion by 2027, growing at a CAGR of 5.3% from 2021 to 2027. The report highlights market characteristics, market potential, and growth by segmentation, and competitive landscape. Rise in sportswomen, surge in participation in football, and development in sportswear drive the growth of the global football sportswear market. Access Full Summary: Chinese companies

All 5 Releases

More Releases for AR/VR

Automotive AR and VR Market Research & Outlook 2020
Impact Analysis of Coronavirus Disease (Covid-19) on Automotive AR and VR Market Facto Market Insights published a title on “Automotive AR and VR Market – 2020-2025”, to its collection. The study on the automotive AR and VR market defines the analysis of all the segments, along with the market sizing, year-over-year growth analysis and structure of the industry. The research report also includes the analysis of geographical manufacturers & new market
AR and VR Lens Market Size, Share, Development by 2025
LP INFORMATION recently released a research report on the AR and VR Lens market analysis and elaborate the industry coverage, current market competitive status, and market outlook and forecast by 2025. Moreover, it categorizes the global AR and VR Lensmarket by key players, product type, applications and regions,etc. The main objective of this market research is to help the readers understand the structure of AR and VR Lensmarket, market definition,
Software Solutions for AR & VR, Gratings, Diffractive and Metalenses, DOE’s
VirtualLab Fusion release with plenty exciting new physical-optics features Jena, Germany | June 2019 The German software producer LightTrans International will present the new summer release 2019 of its Fast Physical Optics software VirtualLab Fusion at LASER World of Photonics 2019 in hall B1 at booth 209. The update provides new and improved solutions in applications like lightguide modeling and design for AR & VR glasses; diffractive- and metalens modeling and design;
Automotive AR and VR Market Size, Share, Development by 2024
Market Research Report Store offers a latest published report on Automotive AR and VR Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 102 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Click to view the full report TOC, figure and tables: Augmented reality is a digital
Microdisplay Market: Rising Consumer Interest in AR, VR Applications
The global microdisplay market is likely to exhibit robust growth in the coming years, with the market expected to exhibit a strong 10.8% CAGR in the 2017-2022 forecast period. The microdisplay market has benefited from the consistent progression of the electronics sector, which has led to growing demand for microdisplays for projection and near-the-eye applications and is likely to enable smooth growth of the microdisplay market in the coming years
AR And VR Smart Glasses Sales Industry in 2025
In this report, the global AR and VR Smart Glasses market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025. Geographically, this report split global into several key Regions, with sales (K Units), revenue (Million USD), market share and growth rate of AR and VR Smart Glasses for these