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Smart glasses are capable of functioning as an ordinary glasses as well as smart functioning such as Facebook to navigation, light augmented reality, HD photography, and video recording. These smart glasses offer h, ands-free mobile computing, unique efficient, and accurate access to information, data collection, and communication. The global smart glasses market reached at a market valuation of USD XX.X Million in 2018 and is estimated to grow at a CAGR of XX.X% during the forecast period, i.e., 2019-2024.

Market Insights

Growth Drivers – Smart glasses Market

Growing Boom of Smart Devices

Smart devices are witnessing great dem, and around the world. Technology loving consumers around the world are willing to adopt every smart technology. Smart devices are making consumer’s live more comfortable such as smart watch, and smart glasses. These smart devices have become a necessity for everyone, consumers are adopting such devices to stay ahead in today’s competitive environment. Smart devices are being adopted among almost every sector such as manufacturing industries, corporate jobs, and others to bring even more efficiency to the workplace.

Growing Disposable Income

Consumers across the world are getting financially stronger as the World GDP is growing. This rise in disposable income has allowed them to spend more on smart technologies. Smart glasses are available in different colors, textures, and shapes to suit everyone’s needs. Further, growing spending power of consumers is likely to bolster the growth of global smart glasses market in upcoming years. Apart from this, rapid urbanization, continuous advancements in smart glasses, and growing recognition of smart glasses around the world are several factors that are poised to increase the dem, and for smart glasses in future.

Advanced Features of Smart Glasses

Smart glasses are equipped with a range of technologies such as SLAM (Simultaneous Localization, and Mapping), AR (Augmented Reality), and others, which makes them super desirable among consumers. Presence of such advanced technologies in smart glasses are expanding the range of applications of smart glasses and introduce new growth opportunities for market vendors. As consumers are realizing smart glass’s technical attributes, and distinctive aesthetics, the dem, and is thriving at remarkable pace across the globe, especially in developed nations.

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Barriers – Smart glasses Market

However, high cost is the smart glasses is the real enemy of smart glasses market growth. The smart glass’s cost can vary from 500$ to 1500$ for a unit, this intense cost of smart glasses makes them limited to affluent population only. Low adoption rate among consumers with weak disposable income is a major barrier in the growth of global smart glasses market.

Market Trends – Smart Glasses Market

Online Stores for Smart Glasses Products

The manufactures of such products are strongly considering online channels to market & distribute these Smart Glasses products. Online stores have emerged as one of the most favorable sales channels in the Smart Glasses products market since it is easily accessible to a large consumer base around the globe. 

Segmentation Analysis

The smart glasses market is segmented in different categories including by type, by end user, and by distribution channel. The market is segmented by type into binocular smart glasses, monocular smart glasses, audio AR smart glasses, and mixed reality smart glasses. Among this segment, binocular smart glasses segment is expected to capture significant shares of the market in 2018. Global binocular smart glasses segment was totaled at USD XXX.X billion in 2018 and is projected to reach USD XXX.X billion in 2024 at a CAGR of XX.X% from 2019 to 2024. Moreover, based on the end user, the smart glasses market is further sub-segmented into enterprise user, and individual user. Among which individual end user segment is about to register a remarkable growth rate in upcoming years. The report is further breakdown into one more section: by distribution channels (online stores, offline stores).

Geographical Analysis

Regionally, the report offers an analysis of North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. When it comes to smart glasses market, North America is the leader in smart glasses market. The North America region has acquired significant market shares and is poised to continue its dominance in the coming years.

Competitive Analysis

The report also covers detailed competitive analysis of major market players such as VUZIX, Vigo Technologies Inc., Epson India Pvt Ltd., DAQRI, Optinvent, Google, Sony Corporation, Bose Corporation, Microsoft, North Inc., Vision Service Plan, and other notable players of the global smart glasses market. Competitive landscape analysis provides detailed strategic analysis of the company’s business, and performance such as financial information, revenue breakup by business segment, and by geography, SWOT Analysis, key facts, company overview, business strategy, key product offerings, marketing, and distribution strategies, new product development, recent news (acquisition, expansion, technology development, research & development, and other market activities).

Segmentation

By Type

- Binocular Smart Glasses

- Monocular Smart Glasses

- Audio AR Smart Glasses

- Mixed Reality Smart Glasses

By End User

- Enterprise User

- Individual User

By Distribution Channel:

- Offline Channels

- Online Channels

By Geography

- North America (U.S. & Canada)

- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe)

- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zeal, and, and Rest of Asia Pacific)

- Latin America (Brazil, Mexico, Argentina, and Rest of Latin America)

- Middle East & Africa (GCC, North Africa, South Africa, and Rest of Middle East & Africa)

Timeline Considered for Analysis:

- 2018: Base Year

- 2019: Estimated Year

- 2019 to 2024: Forecast Period

Research Scope, and Deliverables

Overview & Executive Summary

Market Drivers, Trends, Challenges, and Opportunities

Market Size, and Forecast Projections

Macroeconomic Indicators of Various Countries Impacting the Growth of the Market

Extensive Coverage of Industry Players including Recent Product Launches, and Market Activities

Porter’s Five Force Analysis

Market Segmentation Analysis:

Industry report analyzes the global smart glasses market by the following segments:

- Type

- End User

- Distribution Channel

Customization: We also offers customization’s in the industry report as per the company’s specific needs.

Key Questions Answered in the Global Smart Glasses Industry Report

  • What is the overall market size in 2018? What will be the market growth during the forecast period i.e. 2019-2024?
  • Which region would have high dem, and for product in the upcoming years?
  • What are the factors driving the growth of the market?
  • Which sub-market will make the most significant contribution to the market?
  • What are the market opportunities for existing, and entry-level players?
  • What are various long-term, and short-term strategies adopted by the market players?

Research Methodology

Market Definition and List of Abbreviations

1. Executive Summary
2. Growth Drivers & Issues in Global Smart Glasses Market
2.1. North America
2.2. Europe
2.3. Asia Pacific
2.4. Europe
2.5. Middle East & Africa

3. Global Smart Glasses Market Trends
4. Opportunities in Global Smart Glasses Market
5. Recent Industry Activities, 2018
6. Porter's Five Forces Analysis
7. Macro-Economic Trends
8. PEST Analysis
9. Market Value Chain and Supply Chain Analysis

10. Global Smart Glasses Market Value (USD Million), 2018-2024
11. Global Smart Glasses Market Segmentation Analysis, By Type
11.1. Introduction
11.2. Market Attractiveness, By Type
11.3. Bps Analysis, By Type
11.4. Binocular Smart Glasses Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
11.5. Monocular Smart Glasses Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
11.6. Audio AR Smart Glasses Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
11.7. Mixed Reality Smart Glasses Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

12. Global Smart Glasses Market Segmentation Analysis, By End User
12.1. Introduction
12.2. Market Attractiveness, By End User
12.3. BPS Analysis, By End User
12.4. Enterprise User Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
12.5. Individual User Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

13. Global Smart Glasses Market Segmentation Analysis, By Distribution Channel
13.1. Introduction
13.2. Market Attractiveness, By Distribution Channel
13.3. BPS Analysis, By Distribution Channel
13.4. Online Stores Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
13.5. Offline Stores Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

14. Geographical Analysis
14.1. Introduction
14.2. North America Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.2.1. By Type
14.2.1.1. Introduction
14.2.1.2. Market Attractiveness, By Type
14.2.1.3. Bps Analysis, By Type
14.2.1.4. Binocular Smart Glasses Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.2.1.5. Monocular Smart Glasses Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.2.1.6. Audio AR Smart Glasses Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.2.1.7. Mixed Reality Smart Glasses Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.2.2. By End User
14.2.2.1. Introduction
14.2.2.2. Market Attractiveness, By End User
14.2.2.3. BPS Analysis, By End User
14.2.2.4. Enterprise User Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.2.2.5. Individual User Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.2.3. By Distribution Channel
14.2.3.1. Introduction
14.2.3.2. Market Attractiveness, By Distribution Channel
14.2.3.3. BPS Analysis, By Distribution Channel
14.2.3.4. Online Stores Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.2.3.5. Offline Stores Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.2.4. By Country
14.2.4.1. Market Attractiveness, By Country
14.2.4.2. BPS Analysis, By Country
14.2.4.3. U.S. Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.2.4.4. Canada Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3. Europe Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.1. By Type
14.3.1.1. Introduction
14.3.1.2. Market Attractiveness, By Type
14.3.1.3. Bps Analysis, By Type
14.3.1.4. Binocular Smart Glasses Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.1.5. Monocular Smart Glasses Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.1.6. Audio AR Smart Glasses Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.1.7. Mixed Reality Smart Glasses Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.2. By End User
14.3.2.1. Introduction
14.3.2.2. Market Attractiveness, By End User
14.3.2.3. BPS Analysis, By End User
14.3.2.4. Enterprise User Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.2.5. Individual User Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.3. By Distribution Channel
14.3.3.1. Introduction
14.3.3.2. Market Attractiveness, By Distribution Channel
14.3.3.3. BPS Analysis, By Distribution Channel
14.3.3.4. Online Stores Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.3.5. Offline Stores Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.4. By Country
14.3.4.1. Market Attractiveness, By Country
14.3.4.2. BPS Analysis, By Country
14.3.4.3. Germany Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.4.4. United Kingdom Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.4.5. France Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.4.6. Italy Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.4.7. Spain Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.4.8. Russia Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.4.9. Rest of Europe Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

14.4. Asia Pacific Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.1. By Type
14.4.1.1. Introduction
14.4.1.2. Market Attractiveness, By Type
14.4.1.3. Bps Analysis, By Type
14.4.1.4. Binocular Smart Glasses Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.1.5. Monocular Smart Glasses Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.1.6. Audio AR Smart Glasses Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.1.7. Mixed Reality Smart Glasses Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.2. By End User
14.4.2.1. Introduction
14.4.2.2. Market Attractiveness, By End User
14.4.2.3. BPS Analysis, By End User
14.4.2.4. Enterprise User Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.2.5. Individual User Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.3. By Distribution Channel
14.4.3.1. Introduction
14.4.3.2. Market Attractiveness, By Distribution Channel
14.4.3.3. BPS Analysis, By Distribution Channel
14.4.3.4. Online Stores Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.3.5. Offline Stores Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.4. By Country
14.4.4.1. Market Attractiveness, By Country
14.4.4.2. BPS Analysis, By Country
14.4.4.3. China Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.4.4. India Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.4.5. Japan Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.4.6. South Korea Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.4.7. Indonesia Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.4.8. Taiwan Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.4.9. Australia Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.4.10. New Zealand Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.4.11. Rest of Asia Pacific Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

14.5. Latin America Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.1. By Type
14.5.1.1. Introduction
14.5.1.2. Market Attractiveness, By Type
14.5.1.3. Bps Analysis, By Type
14.5.1.4. Binocular Smart Glasses Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.1.5. Monocular Smart Glasses Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.1.6. Audio AR Smart Glasses Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.1.7. Mixed Reality Smart Glasses Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.2. By End User
14.5.2.1. Introduction
14.5.2.2. Market Attractiveness, By End User
14.5.2.3. BPS Analysis, By End User
14.5.2.4. Enterprise User Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.2.5. Individual User Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.3. By Distribution Channel
14.5.3.1. Introduction
14.5.3.2. Market Attractiveness, By Distribution Channel
14.5.3.3. BPS Analysis, By Distribution Channel
14.5.3.4. Online Stores Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.3.5. Offline Stores Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.4. By Country
14.5.4.1. Market Attractiveness, By Country
14.5.4.2. BPS Analysis, By Country
14.5.4.3. Brazil Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.4.4. Mexico Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.4.5. Rest of Latin America Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

14.6. Middle East & Africa Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.6.1. By Type
14.6.1.1. Introduction
14.6.1.2. Market Attractiveness, By Type
14.6.1.3. Bps Analysis, By Type
14.6.1.4. Binocular Smart Glasses Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.6.1.5. Monocular Smart Glasses Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.6.1.6. Audio AR Smart Glasses Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.6.1.7. Mixed Reality Smart Glasses Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.6.2. By End User
14.6.2.1. Introduction
14.6.2.2. Market Attractiveness, By End User
14.6.2.3. BPS Analysis, By End User
14.6.2.4. Enterprise User Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.6.2.5. Individual User Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.6.3. By Distribution Channel
14.6.3.1. Introduction
14.6.3.2. Market Attractiveness, By Distribution Channel
14.6.3.3. BPS Analysis, By Distribution Channel
14.6.3.4. Online Stores Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.6.3.5. Offline Stores Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.6.4. By Geography
14.6.4.1. Market Attractiveness, By Geography
14.6.4.2. BPS Analysis, By Geography
14.6.4.3. GCC Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.6.4.4. North Africa Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.6.4.5. South Africa Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.6.4.6. Rest of Middle East & Africa Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

15. Competitive Landscape
15.1. Market Share of Key Players
15.2. Market Positioning of Major Players in Global Smart Glasses Market
15.3. Company Profiles
15.3.1. VUZIX
15.3.1.1. Company Overview
15.3.1.2. Product Offered
15.3.1.3. Business Strategy
15.3.1.4. Financials
15.3.1.5. SWOT Analysis
15.3.1.6. Market Share Analysis
15.3.1.7. Key Achievements & Developments
15.3.2. Vigo Technologies Inc.
15.3.3. Epson India Pvt Ltd.
15.3.4. DAQRI
15.3.5. Optinvent
15.3.6. Google
15.3.7. Sony Corporation
15.3.8. Bose Corporation
15.3.9. Microsoft
15.3.10. North Inc.
15.3.11. Vision Service Plan
15.3.12. Other Major & Niche Players

16. Disclaimer

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