To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.
Key Market Dynamics:
- Market Driver
- Market Segment
AR VR smart glasses are computer glasses that add contextual information to what the wearer views. AR VR is primarily experienced via a wearable glass device, HUDs, or smartphone application. The objective of smart glasses is to blend the user's vision with the virtual world effortlessly. Smart glasses work through an amalgamation of the display, sensors, and accelerometers, coupled with smart software and internet connectivity. AR VR smart glasses, therefore, enhance a user's experience in the real world rather than replacing it. Smart glasses can be equipped with AR VR smart technology for day-to-day domestic and professional uses. This will boost the demand for AR VR smart glasses. The launch of various products such as Google Glass Enterprise Edition 2, an optical HUD, and Microsoft HoloLens 2, a pair of MR smart glasses with high-definition 3D optical HUDs and spatial sound, will drive the global AR VR smart glasses market during the forecast period. Thus, the growing adoption of AR VR smart glasses will positively impact the market in focus during the forecast period.
The AR VR smart glasses market share growth by the optical see-through segment will be significant during the forecast period. The optical see-through glasses display the visual perception of the physical world with computer-generated elements that appear to coexist spatially. These optical see-through glasses have various applications across various end-use industries. Due to the growing applications and demand for optical see-through glasses, vendors in the market have been taking initiatives that will propel the market in focus during the forecast period.
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33% of the market's growth will originate from North America during the forecast period. The US and Canada are the key markets for AR VR smart glasses in North America. Market growth in this region will be faster than the growth of the market in South America.
The increased awareness of the potential benefits of using smart glasses will facilitate the AR VR smart glasses market growth in North America over the forecast period.
View our sample report for additional insights into the contribution of all the segments, and regional opportunities in the report.
Some Companies Mentioned with their Offerings
- Alphabet Inc.
- Atheer Inc.
- Avegant Corp.
- Everysight Ltd
- HTC Corp.
- Microsoft Corp.
- Samsung Electronics Co. Ltd.
- Seiko Epson Corp.
- Sony Group Corp.
- Vuzix Corp.
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AR VR Smart Glasses Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 13.37% |
Market growth 2022-2026 |
$ 6.21 billion |
Market structure |
Fragmented |
YoY growth (%) |
12.21 |
Regional analysis |
North America, APAC, Europe, South America, and MEA |
Performing market contribution |
North America at 33% |
Key consumer countries |
US, China, Germany, Canada, and India |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Alphabet Inc., Atheer Inc., Avegant Corp., Everysight Ltd, HTC Corp., Microsoft Corp., Samsung Electronics Co. Ltd., Seiko Epson Corp., Sony Group Corp., and Vuzix Corp. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Key Topics Covered:
- Executive Summary
- Market Landscape
- Market Sizing
- Five Forces Analysis
- Market Segmentation
- Customer landscape
- Geographic Landscape
- Vendor Landscape
- Vendor Analysis
- Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Technavio Research
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SOURCE Technavio
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