Smart Glasses Market: New Developments helps to grow market opportunities & forecast until 2024
According to a new
report published by FAST.MR, titled, “Smart glasses
Market” witnessed a market value of USD XXX billion in 2018 and is
considered to surpass USD 9.3 billion by 2024, recording a compound annual
growth rate (CAGR) of 16.1% between 2019 and 2024. The smart glasses market is
analysed based on regions, by type, by end user and by distribution channel.
The regions covered in the report are North America, Europe, Asia Pacific,
Latin America, and Middle East & Africa. The research report also includes
detailed competitive analysis of dominant market players in smart glasses
market, such as VUZIX, Vigo Technologies Inc., Epson India Pvt Ltd., DAQRI,
Optinvent, Google, Sony Corporation, Bose Corporation, Microsoft, North Inc.,
Vision Service Plan and others.
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Market
Summary:
Based on the type, the
market has been classified into binocular smart glasses, monocular smart
glasses, audio AR smart glasses, and mixed reality smart glasses. In product
segment, mixed reality smart glasses segment contributed around XX% market
share of the smart glasses market in 2018. 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. This strong adoption
rate of smart devices is fostering the growth of mixed reality smart glasses
segment.
The end user segment
includes enterprise user and individual user. Enterprise user segment was
valued at USD XX million in 2018 and is expected to reach USD XX Million by
2024, progressing at a CAGR of XX% from 2019 to 2024. On the basis of
distribution channel, the market is categorized into offline channels and
online channels. At present, offline channel segment represents XX% of the
total smart glasses market.
Region-wise, the
market has been segmented into Europe, Asia Pacific, North America, the Middle
East & Africa, and Latin America. The North America region has acquired
significant market shares and is poised to continue its dominance in the coming
years. The competitive landscape of the market has been examined in the report.
Some of the key players operating in the market include VUZIX, Vigo Technologies
Inc., Epson India Pvt Ltd., DAQRI, Optinvent, Google, Sony Corporation, Bose
Corporation, Microsoft, North Inc., Vision Service Plan and others prominent
players.
Research Scope
and Deliverables:
- Research Methodology
& Executive Summary
- Market Drivers,
Trends, Barriers and Opportunities
- Market Size and
Forecast Projections
- Competitive Analysis
- 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
analyses the smart glasses market by the following segments:
- Type
- End User
- Distribution Channel
Geographic
Market Analysis:
The report offers separate
analysis of North America, Europe, Asia Pacific, Latin America, and Middle East
& Africa. In addition, the further breakdown of market data and analysis of
region into countries is covered in the report.
About Us:
FAST.MR is a global market research
and business-consulting organization that aims to provide a deep market insight
to our clients, which helps them in better decision making in the dynamic
environment. We have a team of highly qualified personnel that studies the
market in depth to provide our clients with better strategies to stand out in
the market.
Contact Us:
FAST.MR
150 State Street, Albany,
New York, USA 12207
+1 (518) 300-1215
Email: sales@fastmr.com
Website: www.fastmr.com
FAST.MR
150 State Street, Albany,
New York, USA 12207
+1 (518) 300-1215
Email: sales@fastmr.com
Website: www.fastmr.com
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