Market Research Logo

Global Smart Glasses Market 2018-2022

Global Smart Glasses Market 2018-2022

About Smart Glasses

Smart glasses are among the smart wearables that consumers procure and use. Smart wearables are devices that are worn on the body either as an accessory or as a part of the material used in clothing. These smart wearables can connect to the internet and provide the user with data about their surroundings. Smart glasses display real-time information directly onto the user’s field of vision by using AR techniques. These smart glasses can perform more complex tasks, such as run applications and support internet connectivity.

Technavio’s analysts forecast the global smart glasses market to grow at a CAGR of 42.87% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global smart glasses market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Smart Glasses Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • DAQRI
  • Epson
  • ODG
  • Optinvent
  • Vuzix
Other prominent vendors
  • Apple
  • Google
  • Laster Technologies
  • Lenovo
  • Magic Leap
  • Microsoft
  • Meta
  • Oculus VR
  • Sony
Market driver
  • Automation of operations
  • For a full, detailed list, view our report
Market challenge
  • Uncertain market conditions
  • For a full, detailed list, view our report
Market trend
  • Scope for varied players to venture in to smart glasses market
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Smart Glasses Market 2018-2022

Technavio recognizes the following companies as the key players in the global smart glasses market: DAQRI, Epson, ODG, Optinvent, and Vuzix.

Other Prominent Vendors in the market are: Apple, Google, Laster Technologies, Lenovo, Magic Leap, Microsoft, Meta, Oculus VR, and Sony.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is scope for varied players to venture in to smart glasses market. The smart glasses market remains unexplored and has a wide scope for varied players to venture in to market. Conventional eyewear manufacturers manufacture variables, which are targeted for use by sportspersons. Smart glasses are different from conventional glasses, considering the additional functionalities they possess. The smart glasses consist of sensors and wireless technology that are connected to various other smart wearables and devices, such as smartphone and smartwatches.”

According to the report, one driver in the market is automation of operations. The automation of various processes in the manufacturing industry is reducing the need for human labor. According to the World Economic Forum 2016 held at Davos-Klosters, Switzerland, the Fourth Industrial Revolution is underway and will based on fully automated industries and will eliminate millions of jobs over the next five to 10 years. It is expected that nearly 50% of the jobs in the US will be taken over by technology. With the increase in the automation of various operations, the workforce required for manufacturing activities will fall dramatically.

Further, the report states that one challenge in the market is uncertain market conditions. Technavio has identified certain pessimistic aspects to the smart glasses market. Though the market will witness a declining trend in terms of ASP of the device, the revenue will also witness a declining trend during the forecast period. This is because, the market for smart glasses is extremely volatile and is sensitive to several factors, including the acceptance of AR among the consumers, the lack of funding, and the aesthetics of the products.

Companies Mentioned

DAQRI, Epson, ODG, Optinvent, Vuzix, Apple, Google, Laster Technologies, Lenovo, Magic Leap, Microsoft, Meta, Oculus VR, and Sony.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market terminologies
  • Introduction
    • Market outline
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global smart glasses market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global – Market size and forecast 2017-2022 ($ mn)
      • Table Global – Year-over-year growth 2018-2022 (%)
      • Table Global – Market size and forecast 2017-2022 (unit shipments)
      • Table Global – Year-over-year growth 2018-2022 (%)
      • Table Declining ASP of smart glasses 2017-2022 ($ per unit)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by OS
    • Segmentation by OS
      • Table OS– Market share 2017-2022 (%)
    • Android
    • Windows
    • Others
  • Market segmentation by product
    • Segmentation by product
      • Table Product – Market share 2017-2022 (%)
    • Comparison by product
      • Table Comparison by product
    • Developer – Market size and forecast 2017-2022
      • Table Developer – Market size and forecast 2017-2022 ($ mn)
      • Table Developer – Year-over-year growth 2018-2022 (%)
    • Commercial – Market size and forecast 2017-2022
      • Table Commercial – Market size and forecast 2017-2022 ($ mn)
      • Table Commercial – Year-over-year growth 2018-2022 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by end-user
    • Segmentation by end-user
      • Table End-user – Market share 2017-2022 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Enterprise – Market size and forecast 2017-2022
      • Table Enterprise – Market size and forecast 2017-2022 ($ mn)
      • Table Enterprise – Year-over-year growth 2018-2022 (%)
    • Consumer – Market size and forecast 2017-2022
      • Table Consumer – Market size and forecast 2017-2022 ($ mn)
      • Table Consumer – Year-over-year growth 2018-2022 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Regional landscape
    • Geographical segmentation
      • Table Global – Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • Americas – Market size and forecast 2017-2022
      • Table Americas – Market size and forecast 2017-2022 ($ mn)
      • Table Americas – Year-over-year growth 2018-2022 (%)
    • EMEA – Market size and forecast 2017-2022
      • Table EMEA – Market size and forecast 2017-2022 ($ mn)
      • Table EMEA – Year-over-year growth 2018-2022 (%)
    • APAC – Market size and forecast 2017-2022
      • Table APAC – Market size and forecast 2017-2022 ($ mn)
      • Table APAC – Year-over-year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global smart wearables market 2016-2021 ($ billions)
    • Market challenges
      • Table Price of smart glasses offered by various vendors
  • Market trends
    • Scope for varied players to venture into smart glasses market
    • Conversion of conventional glasses to smart glasses
    • Patenting of technology
    • Development of phone-based AR
    • Development of AR platforms
    • Focus on utility factor
    • Adoption of gesture recognition in smart glasses
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
    • Other prominent vendors
    • Upcoming vendors
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Epson
      • Table Vendor overview
      • Table Epson – Business segments
      • Table Epson – Organizational developments
      • Table Epson – Geographic focus
      • Table Epson – Segment focus
      • Table Epson – Key offerings
    • ODG
      • Table Vendor overview
      • Table ODG – Organizational developments
      • Table ODG – Geographic focus
      • Table ODG – Segment focus
      • Table ODG – Key offerings
    • Optinvent
      • Table Vendor overview
      • Table Optinvent – Organizational developments
      • Table Optinvent – Geographic focus
      • Table Optinvent – Segment focus
      • Table Optinvent – Key offerings
    • Vuzix
      • Table Vendor overview
      • Table Vuzix – Organizational developments
      • Table Vuzix – Geographic focus
      • Table Vuzix – Segment focus
      • Table Vuzix – Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report