Global Smart Glasses Market Set to Grow at a CAGR of 21.5% (2016-2024)

Posted on 2018-05-03 by Goldstein Research in Industrial // 0 Comments

New York, USA, 2018-May-03 — /EPR Network/ —According to Goldstein Research, global smart glasses market is expected to reach USD 10.6 billion by 2024, growing at a CAGR of 21.5% over the forecast period 2016-2024. The demand for smart glasses in various applications such as healthcare sector is driving the expansion of global smart glasses market. AR glasses, type of smart glasses, has witnessed huge growth and generated USD 138.6 million in 2016. Global smart glasses market segmentation has been done on the basis of operating system type, distribution channel, application and geography. The military segment accounted for largest application of smart glasses acquiring 53.2% market share in 2016. Military sector is closely followed by medical sector in the application of smart glasses. Global smart glasses market is largely dominated by North America with a market share of 60.2% in 2016, owing to the larger adoption of smart wearable. APAC region tends to be an opportunistic market on the back of growing technological infrastructure majorly in China, India, Singapore and Japan.

Market Segmentation

On the basis of our in-depth analysis, Global Smart Glasses Market can be segmented as follows:

By Operating System Type

Android based Smart Glass
Linux based Smart Glass
iOS-based Smart Glass

By Distribution Channel

Online Distribution Channel
Offline Distribution Channel

By Application

Commerce
Medical
Education
Military
Production
Universal Remote Control
Entertainment
Documentation

By Region

North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of the Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

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“Global Smart Glasses Market Outlook 2024” contains a detailed overview of the global smart glasses market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by operating system type, distribution channel and application.

Further, for the in-depth analysis, Global Smart Glasses Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Google Glass, Recon Instruments, Vuzix, Meta, Lumus Ltd., Seiko Epson, Sony, HTC Corporation, Oculus VR, Microsoft, Atheer, Osterhout Design Group, Samsung group, Kopin corporations, Razer Inc., Konica Minolta, Laster Technologies, Jins Meme, Emteq, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global smart glasses market trends along with a market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

Browse full Report @ https://www.goldsteinresearch.com/report/intelligent-smart-glasses-market

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Market Segmentation

By Operating System Type

By Distribution Channel

By Application

By Region

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