Global Smart Augmented Reality (AR) Glasses Strategic Analysis Report 2024-2030 - Smart AR Glasses to Shape Virtual Experiences in the Metaverse

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Feb 20, 2024, 11:45 ET

DUBLIN, Feb. 20, 2024 /PRNewswire/ -- The "Smart Augmented Reality (AR) Glasses - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Smart Augmented Reality (AR) Glasses Market to Reach 13.3 Million Units by 2030

The global market for Smart Augmented Reality (AR) Glasses estimated at 562.2 Thousand Units in the year 2022, is projected to reach a revised size of 13.3 Million Units by 2030, growing at a CAGR of 48.5% over the analysis period 2022-2030.

Simple Assisted Reality Glasses, one of the segments analyzed in the report, is projected to record a 46.2% CAGR and reach 5.3 Million Units by the end of the analysis period. Growth in the Mr Holographic Displays segment is estimated at 53.4% CAGR for the next 8-year period.

Augmented Reality (AR) is reshaping the real world by merging digital information and media, with a surge in technology and commercialization activities fueling the development of smart AR glasses. These glasses, once considered science fiction, are now becoming a reality, offering insights into their functionality and applications compared to virtual reality (VR) glasses. With various types of AR glasses emerging, their major applications span industries like healthcare, defense, and beyond, driven by the need for digital interventions amidst the pandemic.

The COVID-19 outbreak has accelerated the adoption of AR/VR glasses, particularly in defense and healthcare sectors, highlighting the immense potential of AR-integrated smart glasses in providing innovative solutions. Despite initial setbacks, the long-term outlook for smart AR glasses remains promising, with companies investing in next-generation technology and hardware development. Google's journey with Google Glass, including its enterprise-focused edition, and Microsoft's HoloLens are notable examples shaping the AR glasses market.

Recent market activity reflects the dynamic landscape of AR hardware development, with companies focusing on innovation and partnerships to drive advancements. As competition intensifies, players worldwide exhibit varying levels of presence, with some carving out niche segments while others pursue broader market opportunities. Overall, the AR glasses market is witnessing intriguing real-world applications and advancements, paving the way for a transformative future.

The U.S. Market is Estimated at 357.6 Thousand Units, While China is Forecast to Grow at 57.1% CAGR

The Smart Augmented Reality (AR) Glasses market in the U.S. is estimated at 357.6 Thousand Units in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of 613.3 Thousand Units by the year 2030 trailing a CAGR of 57.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 46.7% and 51.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 46.9% CAGR.

What`s New?

Special discussions on the global economic climate and market sentiment
Coverage on global competitiveness and key competitor percentage market shares
Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and research platform
Complimentary updates for one year
Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

MARKET TRENDS & DRIVERS

Why AR Smart Glasses Are Emerging as Prudent Choice for Various Industry Verticals
AR Smart Glasses: Turning Heads & Shaping Future of Diverse Industry Verticals
Promising Applications of Smart AR Glass
Newer Capabilities of AR Spur Customer Interest in Smart AR Glasses
Select Innovations in Smart AR Glasses Market
Smart Glasses Reappear with Edge for Enterprise and Industrial Users
Smart AR Glasses to Shape Virtual Experiences in the Metaverse
AR To Transform the Fashion Industry
A Overview of Select Metaverse Glasses
Smart AR Glasses to Benefit from the Rising Focus on Remote Assistance
Smart AR Glasses Emerge as Enticing Options to Improve Business Flows and Efficiency
Increasing Investments in Smart Workforce Mobility & Productivity to Benefit Adoption of AR in Enterprise Sector
BYOD Trend Brings Greater Opportunity for Smart Glasses in the Enterprise Sector
Burgeoning Sales of Smartphones to Benefit Smartphone-Dependent AR Glasses
Potential to Improve Productivity & Efficiency to Fuel Adoption of Smart AR Glasses in Industrial & Manufacturing Sector
Industry 4.0 Trend Presents Opportunities for AR Smart Glasses
Select Industrial-Grade Smart AR Glasses: A Review
Amazing Applications of AR Glasses Taking Gaming, Medicine & Art by Storm
Growing Prominence of AR/VR Technology in Gaming Industry to Boost Market Prospects
5G Network Technology and Digitization: Potential for AR/VR Smart Glasses Market
5G to Link MR Smart Glasses and Smartphones
Generative AI to Become an Integral Part of AR Glasses in the Future
Increasing Adoption of AR/VR in Social Network Platforms to Fuel Popularity of AR Smart Glasses
Snapchat Spectacles AR Appears Poised to Step Up Smart AR Glasses Game
Augmented Reality Contact Lens: A Pathbreaking Development
Smart AR Glasses to Revolutionize Retail & Shopping Sector
Surge in Online Shopping Activity and Burgeoning eCommerce Market Drives Focus onto the Role of Smart AR Glasses
Warehouses & Logistics Turn to Smart AR Glasses for "Hands-Free Order Picking" Tasks
AR Vision Picking Gains Popularity as Mobile Technologies Evolve
Smart AR Glasses to Enable Hands-Free Inspection, Maintenance and Repair of Production Floor Machinery
AR Complements CRM to Transform Sales and Service Processes in Enterprises
Use of Smart AR Glasses for 3D/CAD Modelling in Design Firms
Increasing Significance of AR in Healthcare, Spurring Opportunities for AR Smart Glasses
Smart AR Glasses Aiding the Healthcare Industry in Several Ways
Rise of Remote Monitoring & Telemedicine to Present Opportunities for Smart AR Glass Market
Augmented Reality Smart Glasses Poised to Transform the Sports World
Rising Prominence of AR, VR and MR Goggles for Military Use
App Ecosystem, the Most Vital Ingredient in Making Augmented Reality Enterprise Ready
AR Smart Glass & AI: Providing Transformative Experience in Insurance Industry
Laser Beam Scanning as Key Enabler of Smart Future of AR Glass Technology
Major Challenges Confronting Smart AR Glasses Market

FOCUS ON SELECT PLAYERS (Total 69 Featured)

Apple, Inc.
Canon, Inc.
BAE Systems PLC
Acer, Inc.
Essilor International SA
Atheer, Inc.
Avegant Corporation
Everysight Ltd.
Fieldbit Ltd.
Adlens Ltd.
CREAL
AlterEyes
Dispelix
Dreamworld AR
Eyedaptic Inc.

For more information about this report visit https://www.researchandmarkets.com/r/ftwq16

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