Global Smart Glasses Market Outlook 2024: Opportunity & Growth Analysis, 2016-2024 by Goldstein Market Intelligence

Global Smart Glasses Market Outlook

Global Smart Glasses Market Outlook 2024: Opportunity & Growth Analysis, 2016-2024

Report Code :CR 1335

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Global Smart Glasses Market Size (USD Billion) & Growth Analysis Global Smart Glasses Market Size (USD Billion)-2016-2024

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XX XX

XX 2016e

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2017e

Source: Goldstein Research

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Smart Glasses Market is anticipated to expand at a compound annual growth rate of XX % during the forecast period i.e. 2016-2024. The market is anticipated to reach USD XX Billion by the end of 2024. The latest trend gaining momentum in the market is introduction of technology advanced augmented reality devices. Further, players in the augmented reality industry are focusing on providing cost effective and advanced glasses to provide multiple technological solutions.

The applications of smart glasses using an early prototype of J!NS MEME, smart glasses with integrated electrodes to detect eye movements (Electrooculography, EOG) and motion sensors (accelerometer and gyroscope) to monitor head motions are some of the new developments, which is eventually driving the demand for smart glasses. Smart glasses are already being used to improve quality, standardize workflows, accelerate decision making, and enhance communication in logistics, manufacturing, and maintenance operations throughout the supply chain. Boosting labor effectiveness and productivity; reducing quality defects and rework; improving workflow standardization; enhancing workforce collaboration; improving safety could improve supply chain. Such Developments are opening new opportunities for the penetration of smart glasses across multiple industries. Copyright

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Global Smart Glasses Market Outlook Global Smart Glasses Market Share(%), By Operating System Type -2016

Global Smart Glasses Market Size USD (Billion). 2016-2024 XX

XX%

CAGR: (2016-2024)

XX 2016e 2017e 2018f

Source: Goldstein Research

In 2016,

2019f

m a S 2020f

2021f

2022f

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Android Based Smart

Glasses segment accounted for the highest market share XX% in Global Smart Glasses Market

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Android based Sm art Glass

With

XX% share in 2016, North

America dominated the Global Smart Glasses market

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Linux based Smart Glass

iOS based Smart Glass

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Global Smart Glasses Market Outlook

Sample Report The global smart Glasses market is registering an impressive growth of XX% in 2016 and all the four regions Americas, Asia-Pacific, Europe, Middle East and Africa demonstrating positive growth prospects. North America stood as the largest smart Glasses market in 2016, with a market size valued at USD XX billion.

Growing Ecommerce Business

Asia Pacific is an opportunistic market for the growth of Smart Glasses market in the developed countries such as Japan and Singapore. Japan had the largest Glasses sales of USD XX billion in 2016. Japan is witnessed to have huge research & development of the technology used in the smart glasses.

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However smart glasses are still not mainstream consumer products. Rather, they are specialized tools mainly adopted by the industry for various tasks. The report predicts that smart glasses might become mainstream consumer products within the next 5 years, as products become more fashionable, socially acceptable and functional.

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Global smart glass market is further bifurcated in various segments with separate market analysis mentioned below: Optical Sensors Market

Optical sensors have wide application across various industries such as healthcare, metrology, imaging and remote sensing. global optical sensors market is set to harness market revenue of USD 5.0 billion by 2025 growing at a CAGR of 14.1% over the forecast period (2017-2025).

Gaming And Entertainment Industry

Technological Advancements

Image Sensors Market

Image sensors transform an optical image into an electrical signal utilizing CMOS technology, enabling integration of image sensing and digital signal processing on single chip. The global Image sensors market is expected to increase to USD 18.76 billion by 2024 at a CAGR of 7.5% over the forecast period

Increase productivity through real-time

Global Smart Glasses Market Size (USD Billion) North America

Europe

Asia-Pacific

2016

USD XX Billion

2024

USD XX Billion

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Growth Drivers

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Technological Advancements

 Smart glass technology has evolved significantly over the last five years. Today’s devices are less intrusive, more ergonomic, and faster than their predecessors. Emerging from the initial lackluster reception these devices faced in the consumer setting, the capabilities enabled by smart glass solutions are poised to drive real value in enterprise environments.  Smart glass technology is already advancing in hands-on industries such as manufacturing, logistics, field services, inspection, and operations. A recent study showed that XX% of large industrial companies are either using or evaluating smart glasses in their enterprises today, indicating that decision-makers foresee wearable as a major enterprise platform.

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 Smart glasses and augmented reality devices have the potential to enhance and even replace existing technology solutions within enterprise supply chains, and in some cases even change the very structure of the work environment. Companies implementing augmented reality HMD pilots are already demonstrating use cases that lead to increases in workplace efficiency, productivity, and compliance, and this will only grow as the technology matures.  When used effectively in the right setting, smart glasses and AR displays have a number of important advantages over computers, tablets, and other existing technology: contextualized information, increased workflow standardization, handsfree assistance, and documentation.

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Global Smart Glasses Sales (USD), 2016-2024 XX

XX XX

Impact Analysis:-

 Superior algorithms also enable shadows in scenes lit by the sun or artificial light, again making the illusion look more real. Animated AR characters can “react” to the changes in environment (such as a light being switched off), further creating the illusion that the digital objects are real. Such advancement is driving the application of smart glasses.  In North America, total of technology investments in smart glasses valued at USD XX billion in 2016. Over the forecast period (2016-2024) the growth in this segment will have highest impact share on smart Glasses market.

2016 2017 2018 2019 2020 2021 2022 2023 2024 Source: Goldstein Research

High

Medium

Low

Impact on Global Smart Glasses Market Copyright

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Global Smart Glasses Market Outlook : 20162024 Global Smart Glasses Market Share (%), By Distribution Channel, 2016-2024

2016

XX%

Online Distribution Channel

XX%

2024

Offline Distribution Channel

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Sample Report The offline distribution accounts for highest market share of XX% in 2016, worth a market size of USD XX billion. Over the forecast period the exponential rise in supply of smart Glasses through e-commerce portals is expected to boost the market for online distribution of smart glasses to reach a market size of USD XX billion by 2024 growing at XX% CAGR over the forecast period.

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 In 2014, Google Glass announced that they will be partnering with Source: Goldstein Research Luxottica, a manufacturing and Global Smart Glasses Market Y-O-Y Growth, By Distribution eyewear distributor (brands include Channel, 2016-2024 Ray-Ban, Oakley, Vogue-Eyewear, Persol, Oliver Peoples, Alain Mikli and Arnette), on the design of all future Glass-compatible frames. As per Google, Luxottica’s retail and XX% XX% XX% XX% XX% wholesale distribution channels will XX% XX% XX% XX% serve well when the company will make Google Glass more widely available down the road. 2016e

2017e

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Source: Goldstein Research

Global Smart Glasses Market Size (USD Billion), By Distribution Channel -2016-2024 XX

XX XX XX

2016 Online Distribution Channel

2024 Offline Distribution Channel

Source: Goldstein Research

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Global Smart Glasses Market Attractiveness and BPS Analysis, By Distribution Channel, 2016-2024 Global Smart Glasses Market Attractiveness, By Distribution Channel, 2016-2024

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XX% XX%

CAGR (%)

XX% XX% XX% XX% XX% XX% XX% XX% XX

Offline Distribution Channel

Market Size (USD Billion)

Source: Goldstein Research

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Online Distribution Channel

Water based adhesive segment holds the largest revenue share in the global Smart Glasses market as this segment constitutes which is impacted by the rising cognizance among the household users and thus it is likely to expand at XX% CAGR during the forecast period.

Sample

Smart Glasses market is relying on the adoption of EHR (Electronic health record) software by various wearables facility providers in order to stand ahead in future. Behavioral health EHR creates a world of difference to the staff and patients and goes the extra mile giving advanced capabilities such as it include support for documenting violence risk factors, suicide risk factors, or sadness scales.

Global Smart Glasses Market BPS Analysis, By Distribution Channel, 2016-2024 XX% XX% XX% XX%

60%

Offline Distribution Channel

56%

XX% XX% Online Distribution Channel

XX% XX% XX%

40%

44%

2016

2024

XX% XX%

Source: Goldstein Research

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North America Smart Glasses Market Size (USD Billion) & Y-O-Y growth (%), By Region- 2016-2024 North America Smart Glasses Market Size (USD Billion)-2016-2024

Sample Report XX%

XX XX

XX%

XX XX

CAGR: (2016-2024)

XX%

XX XX

e l p XX% XX%

XX%

XX XX

XX%

XX XX XX 2016e

2017e

Source: Goldstein Research

XX%

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2018f

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North America Smart Glasses Market Size (USD Billions), By Country-2016-2024

2020f

2021f

2022f

XX% XX% XX%

2023f

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North America Smart Glasses Market Size (USD Billion), By Distribution Channel -2016-2024 XX

XX%

XX% XX% XX% XX% 2016

2024

Canada

Source: Goldstein Research

2016 Online Distribution Channel

2024 Offline Distribution Channel

Source: Goldstein Research

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US Smart Glasses Market Size (USD Billion) & Y-O-Y growth (%), 2016-2024 US Smart Glasses Market Size (USD Billion), Compound Annual Growth Rate (%), Y-O-Y Growth Rate (%), 2016-2024 XX% XX

XX XX

XX%

XX XX XX

XX%

XX XX XX 2016e

m a S XX%

2017e

XX%

2018f

XX%

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Key Insights

• By 2025, the U.S. smart glasses market is anticipated to be worth around USD XX billion, growing at a CAGR of XX% during the forecast period 2017-2025. • Wearable technology has yet to gain widespread popularity, but in United Sates already advertising companies are looking toward ways to deliver marketing messages directly to people who sport computerized watches, glasses and headgear. • By 2021, the combined market size of U.S augmented and virtual reality is expected to reach XX million. With tech giants helping developers secure the right tools, the development of new software will rise dramatically and will lead to propelling U.S. smart glasses market. • Based on 2017 estimates, the smart glasses market is expected to record shipment of XX million devices in the region. All Rights Reserved, Goldstein Research

2022f

XX% XX% XX% XX% XX%

XX%

Source: Goldstein Research

e l p XX

CAGR: (2016-2024)

XX%

2023f

XX% XX% XX% XX%

2024f

Number of Smart Glasses Users in the U.S. Workforce (USD Millions), 2017-2025

XX XX

XX XX XX

XX XX XX XX XX XX 2017e 2018f 2019f 2020f 2021f 2022f 2023f 2024f 2025f

Source: Goldstein Research

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North America Smart Glasses Market Attractiveness, By Country, 2016-2024 North America Smart Glasses Market Attractiveness, By Country, 2016-2024

Sample Report

XX% XX%

CAGR (%)

XX% XX% XX% XX% XX% XX% XX

e l p Sample m a S XX

Market Size (USD Billion)

Canada

Source: Goldstein Research

North America Smart Glasses Market BPS Analysis, By Country, 2016-2024 XX% XX% XX%

40%

XX%

42% Canada

XX% XX% XX% XX%

60%

58%

XX% XX% XX% 2016

2024

Source: Goldstein Research

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Global Smart Glasses Market Outlook

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