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Global Smart Glasses Market - Automation of Operations to Boost Growth - Technavio
[January 18, 2018]

Global Smart Glasses Market - Automation of Operations to Boost Growth - Technavio


The global smart glasses market is expected to grow at a CAGR of around 43% from 2018-2022, according to a new market research report by Technavio.

This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180118005590/en/

Technavio has published a new market research report on the global smart glasses market 2018-2022 un ...

Technavio has published a new market research report on the global smart glasses market 2018-2022 under their hardware and semiconductor library. (Photo: Business Wire)

Global smart glasses market segmentation by end-user and product

Technavio's report on the global smart glasses market analyses the business dimensions and presents a comprehensive breakdown in terms of market segmentation by end-user, including enterprise and consumer. As projected in 2017, more than 94% of the market share originated from enterprise. This segment will witness an increase in its share due to the wider acceptance of smart glasses from the segment along with the provision of products by the vendors, specifically designed for rugged use in industries.

Based on product, the global smart glasses market has been segmented into developer and commercial. As of 2017, around 60% of the market share came from developer. The smart glasses market is in its stage of innovation and product development. Vendors are utilizing this phase of the market for product enhancement in terms of functionality and feasibility.



"Vendors are providing their products to developers to test the operational excellence of the product and re-launch the smart glasses with added benefits. Several vendors are providing their products in their developer version to enhance the product features and check the feasibility. Very few vendors in the market have provided a commercial version of their smart glasses that are used by sports persons such as cyclists and runners or gamers," says a senior analyst at Technavio for human machine interface research.

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Some of the companies in the global smart glasses market are:

  • Apple
  • DAQRI
  • Epson
  • Google (News - Alert)
  • Laster Technologies
  • Lenovo

Looking for more information on this market? Request a free sample report

Technavio's sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.

Other topics covered in the report:

Market drivers:

  • Adoption of smart glasses in enterprises
  • Automation of operations

Market trends:

  • Scope for varied players to venture into smart glasses market
  • Conversion of conventional glasses to smart glasses

Get a sample copy of the global smart glasses market report free of cost

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About Technavio

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 consists of more than 10,000 reports and counting, covering 800 technologies, spanning 50 countries. 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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