April 2020
BWC20048

0
smart eyewear market bwc20048
Global Smart Eyewear Market – Market
Forecast & Trends
Growing
adoption of smart eyewear for various use such as wellness, medical, and
personnel across the globe and rising penetration of smart eyewear will fuel the
growth of the target market. Growing industrial advancement in eyewear
products, resulting in increasing demand for technologically advanced smart
devices amid consumers increasing requests for smart eyewear across the globe.
Besides, Rising accessibility of many brands smart eyewear on e-commerce
websites and growing approval of smart eyewear among individuals across the
globe. Among other factors such as growing demand for smart eyewear in
healthcare and automobile industries, growing awareness related to smart
eyewear amid consumers. Increasing smart eyewear manufacturers' focus on the
making of technologically advanced products and high investment in R & D
activates are probable to drive the growth of the target market over the
estimated period.
Global Smart Eyewear Market – Overview
Smart
eyewear is a special kind of wearable calculating device that shows data onto a
field of view is attained through OHMD (optical head-mounted display). Smart
eyewear or smart glasses recover vision, and this device usually linked to
smartphones, which permit the demonstration of call details, text, and others.
Besides, smart eyewear is supportive in tracking medicine consumption, and it
actions blood glucose levels. The smart eyewear is very common among
individuals, and it is mainly used for many uses, including medical, wellness,
and personal.
Growth Drivers
Rapid innovations and rise in advanced
technologies
The
augmented responsiveness of smart eyewear allows driving the global smart
eyewear market. Smart glasses have consequences in the health care industry in
surgeries. The benefits such as speech recognition, gesture recognition, eye
tracking are enabled to gain the grip of the global smart eyewear market.
However, the smart eyewear costlier than conventional devices, which may hinder
the global smart eyewear market over the prediction period.
Rising availability of numerous brands
smart eyewear
Rising accessibility of various brands on
E-commerce websites and increasing approval of smart eyewear among individuals
through the sphere. These are amid other factors predictable to increase the
target market development during the prediction period. In addition, rising
demand for smart eyewear in healthcare and automobile industries and raising
consciousness about various properties related to smart eyewear among
consumers. These are other factors expected to fuel the development of the
global market.
Global Smart Eyewear Market: Segmentation
The global smart eyewear market has been segmented based on product
type, operating system, end use industry, distribution of sales and geography.
Based on operating system, the market for smart eyewear has been
segmented into IOS and Android. In 2017, Android segment hold the highest major
market share in the smart eyewear market.
Based on product type, the smart eyewear market has been splinted into
mixed reality holographic displays, head-mounted displays, assisted reality
glasses, and smart helmets amid others. The head-mounted show section is
probable to raise at the highest CAGR rate during the forecast period. This is
mostly due to; the growing mindfulness of smart eyewear enables equipment to
drive the global smart eyewear market.
Because of the end-use industry, the market for smart eyewear has been
segregated into many types, which comprises consumer electronics, healthcare,
enterprise, and industrial amid others. In 2017, consumer electronics gripped
the leading market share in the global smart eyewear market.
Furthermore, based on the distribution channel,
the global smart eyewear market has been divided into online and offline. The
devices warn in hazardous situations. Moreover, one of the main benefits is
that the computer-generated video or images are probable out in a space in
front of the eyes of the end-user. On the other side, the smart eyewear
costlier than the conservative devices, which is predictable to hamper the
development of the product market in the coming years.
Geographically, the Global Smart Eyewear market is divided into
North America, Europe, Asia-Pacific, and LAMEA regions. North America region
had the main market for the specialty enzymes in 2014 due to the presence of
numbers of biopharmaceutical companies in the U.S. and favorable government
regulations.
Global Smart Eyewear Market: Regional
insights
The market in North America grips the main revenue
share in the global market due to the high acceptance of smart eyewear among
sports players and fitness supporters in countries such as the US and Canada in
the region. In addition, the high occurrence of smart devices manufacturers and
high health spending are some factors expected to drive the growth of the North
America smart eyewear market. The market in Europe and the Asia Pacific are
predictable to list significant development in the global market due to the
high adoption of smart devices and growing expenditure on healthcare in
countries such as France, Russia, UK, India, Japan, and China in these regions.
The market in Middle East & Africa is projected to register healthy
development in terms of income, followed by the market in Latin America over
the prediction period.
Competitive Landscape
Google (The U.S.), Microsoft Corporation (The U.S.), Recon Instruments (Canada), Vuzix (The U.S.), Meta (The U.S.), Lumus Ltd. (Israel), cast AR (The U.S), Sony Corporation (Japan), and JIN Co., Ltd. (Japan) among others.
Recent Development
Ø In
June 2018, OSRAM Licht AG showed eyewear equipment characterized by Human
Centric Lightning at Boston TechJam. Allegedly, the eyewear equipped with LED replicates
myriad levels of daylight for human body to regulate to numerous surroundings.
For the record, the new tools was provided to German ski team during 2018
winter Olympics along with BMW Motor Sport team.
·
By Technology
ü Virtual Reality
ü Augmented Reality
·
By Operating System
ü Linux
ü Android
ü Others
·
By
Application
ü Personal
ü Wellness
ü Medical
·
By
Sales Channel
ü E-commerce
ü Optical Stores
ü Specialty Stores
·
By
Region
ü North
America
ü Europe
ü Asia
Pacific
ü South
America
ü Middle
East & Africa
The objective of the Study:
Ø To
analyze and forecast the Global Smart Eyewear market size of the market in
terms of value.
Ø To
examine the careful market segmentation and forecast the market size, in terms
of value, based on the region by segmenting.
Ø The Global
Smart Eyewear market segmented into five regions, namely, North America,
Europe, Asia Pacific, Middle East, South America, and their leading countries.
Ø To
outline, categorized, and forecast the Global Smart Eyewear market based on the
Technology,By Operating System,By Application,Sales Channel,Regional.
Ø To
examine competitive developments like by Technology, By Operating System, By
Application, Sales Channel, Region within the Global Smart Eyewear market.
Ø To
highlight the impact analysis of the factors affecting the market dynamics such
as growth drivers.
Ø To strategically profile the key players and comprehensively analyze their market shares along with detailing the competitive landscape for market leaders.
Business Questions Answer by the Report
Ø How will the
market drivers, restraints, and opportunities affect the market dynamics?
Ø What will be the
market size in terms of value and volume and market statistics with a detailed
classification?
Ø Which segment
dominates the market or region, and one will be the fastest - growing, and why?
Ø A comprehensive
survey of the competitive landscape and the market participant players
Ø Analysis of strategy adopted by the key player and their impact on other players.
Customization Scope for the Client
Client
satisfaction is our first and last priority, and that is why BlueWeave
Consulting offers customization according to Company’s specific needs. The
following customization options are available for the report:
Additional Company Information
Ø With five
additional company detail analysis
Ø Additional
country analysis
Ø Detailed segment
analysis
We've been tracking the direct impact of COVID-19 on this market, and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Contact our sales team for more details at
Contact NowWHY CHOOSE US
-
24/7 Research support
Get your queries resolved from an industry expert. Request for a free product review before report purchase.
-
Coustom Research Service
Ask the Analyst to customize an exclusive study to serve your research needs.
-
Quality & Accuracy
offers best quality reports based on various authentic and accurate data findings.
-
Data Visualization
As the business world is changing dynamically every day. We need to stay pin point in relation to data management and optimum data utilization
-
Information security
We never share your personal and confidential information. Your personal information is safe and secure with us.