Smart Glasses Market 2020-2024 | COVID-19 Recovery Analysis | Implementation of Automation in Industrial Sector to Boost Growth | Technavio
Technavio has been monitoring the smart glasses market and it is poised to grow by USD 59.94 million during 2020-2024, progressing at a CAGR of almost 15% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Download a Free Sample Report on COVID-19
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries. However, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a Negative and Inferior impact on the smart glasses market. The market growth in 2020 is likely to Increase compared to the market growth in 2019.
Frequently Asked Questions-
Based on segmentation by product, which is the leading segment in the market?
The developer segment is expected to be the leading segment based on product in the global market during the forecast period.
What are the major trends in the market?
Rise in number of strategic partnerships and acquisitions is one of the major trends in the market.
At what rate is the market projected to grow?
Growing at a CAGR of almost 15%, the incremental growth of the market is anticipated to be USD 59.94 million.
Who are the top players in the market?
Alphabet Inc., Elbit Systems Ltd., Huawei Investment & Holding Co. Ltd., Intel Corp., Microsoft Corp., Optinvent, Seiko Epson Corp., Sony Corp., Toshiba Corp., and Vuzix Corp. are some of the major market participants.
What are the key market drivers and challenges?
Growing adoption of AR gaming by individuals is one of the major factors driving the market. However, the high initial cost of smart glasses restraints the market growth.
How big is the North America market?
The North America region will contribute 61% of market growth.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Alphabet Inc., Elbit Systems Ltd., Huawei Investment & Holding Co. Ltd., Intel Corp., Microsoft Corp., Optinvent, Seiko Epson Corp., Sony Corp., Toshiba Corp., and Vuzix Corp. are some of the major market participants. The growing adoption of AR gaming by individuals will offer immense growth opportunities. In a bid to help players strengthen their market foothold, these smart glasses market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The smart glasses market report covers the following areas:
Smart Glasses Market Size
Smart Glasses Market Trends
Smart Glasses Market Analysis
This study identifies rise in number of strategic partnerships and acquisitions as one of the prime reasons driving the smart glasses market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
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CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist smart glasses market growth during the next five years
Estimation of the smart glasses market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the smart glasses market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of smart glasses market vendors
Table of Contents:
Executive Summary
Market Landscape
Market ecosystem
Value chain analysis
Market Sizing
Market definition
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 ? 2024
Five Forces Analysis
Five forces analysis
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
Market Segmentation by Product
Market segments
Comparison by Product
Developer - Market size and forecast 2019-2024
Commercial - Market size and forecast 2019-2024
Market opportunity by Product
Market Segmentation by End-user
Market segments
Comparison by End-user
Enterprise - Market size and forecast 2019-2024
Individual - Market size and forecast 2019-2024
Market opportunity by End user
Market Segmentation by OS
Market segments
Comparison by OS
Android - Market size and forecast 2019-2024
Windows - Market size and forecast 2019-2024
Others - Market size and forecast 2019-2024
Market opportunity by OS
Customer landscape
Geographic Landscape
Geographic segmentation
Geographic comparison
North America - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
APAC - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Market drivers
Market challenges
Market trends
Vendor Landscape
Vendor landscape
Landscape disruption
Competitive scenario
Vendor Analysis
Vendors covered
Market positioning of vendors
Alphabet Inc.
Elbit Systems Ltd.
Huawei Investment & Holding Co. Ltd.
Intel Corp.
Microsoft Corp.
Optinvent
Seiko Epson Corp.
Sony Corp.
Toshiba Corp.
Vuzix Corp.
Appendix
Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations
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