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AR and VR Smart Glasses Market
AR and VR Smart Glasses Market
AR and VR Smart Glasses Market Share, Size, Trends, Industry Analysis Report - by Device Type, By Product Type, By Application, and By Region- Global Opportunity Analysis and Industrial Forecast- 2022-2030
AR and VR Smart Glasses Market Overview
The virtual and physical worlds are connected by augmented reality (AR) and virtual reality (VR). Even while augmented reality (AR) and virtual reality (VR) are similar technology, they differ significantly, and their uses are very different. Virtual reality (VR) refers to an entirely immersive experience in a virtual world, whereas augmented reality (AR) refers to a transformed image or modified view of the real world. front row of an intergalactic performance to other planets. In smart glasses that resemble conventional spectacles, both of these platforms are used. But these wearable VR and augmented reality smart glasses include a ton of high-end functions. The user's physical information and virtual information can be combined with these glasses. Additionally, some AR and VR glasses can be attached to eyeglasses. Through the see-through glass, which also contains an integrated camera to record events, the user can see everything. Through AR and VR headsets, data visualization is becoming more advanced. In the coming years, there will be a lot of demand for AR and VR smart glasses. AR/VR technology is being adopted by numerous powerful technological companies. Due Smart glasses that use augmented reality (AR) can project digital data, graphics, and virtual objects onto the actual world. Users can simultaneously interact with the physical and digital environments thanks to these glasses. Virtual content is projected onto the user's field of vision through transparent or semi-transparent displays on AR glasses. As a result, the market for AR and VR smart glasses will expand at a CAGR throughout the forecast period. In 2030, there will be a huge market demand for AR and VR smart glasses due to the speedy adoption of technology.
AR and VR Smart Glasses Market Growth
Adoption of AR smart glasses in the business sector was one of the main factors in their growth. Utilizing augmented reality (AR) glasses to increase productivity, decrease errors, and offer remote help to field personnel has proven beneficial for industries such as manufacturing, logistics, healthcare, and maintenance. For training and instructional purposes, augmented reality glasses were being examined. They eliminated the need for actual resources and equipment by enabling students to obtain hands-on teaching in a supervised virtual environment. The VR market expanded significantly, especially in the gaming and entertainment industries. Gamers and enthusiasts were drawn to high-quality VR experiences, which increased the demand for VR headsets. VR smart glasses have become increasingly popular due to the allure of immersive experiences in a variety of industries, such as gaming, virtual travel, and simulated training. Their popularity was influenced by their capacity to take consumers to different settings. For encouraging adoption, it was essential that there be interesting and varied VR material available. VR was being investigated by game designers, filmmakers, and other content producers as a fresh way to capture people.
AR and VR Smart Glasses Market Opportunity
Employees might receive immersive training through AR and VR smart glasses, allowing them to practice difficult tasks in a safe setting. By using AR glasses, experts may guide and advise field technicians in real-time, cutting down on downtime and errors. Workers might access schematics, step-by-step instructions, and repair manuals using AR glasses, increasing productivity and accuracy. The industry for AR and VR smart glasses investment is exploding. Higher market investments are enabling more technology awareness. In the coming years, wearable AR and VR glasses will become more common. Another element that presents many potential opportunities is the growing interest of major tech companies in AR and VR glasses. Future medical industry need for VR and AR glasses represents a significant market expansion opportunity. Future demand from the medical industry will significantly rise. In medical education and intuition, the use of virtual reality and augmented reality glasses is essential. More growth opportunities will be stimulated during the projection period by these requirements. Additionally, the demand for education sector is another driver of the AR and VR Smart Glasses Market.
AR and VR Smart Glasses Market Covid 19 Impact
The development of the COVID 19 pandemic has also had a negative influence on the worldwide market, since manufacturing facilities have been forced to shut down entirely or partially as a result of lockdowns imposed in many nations, affecting the raw material supply chain. Due to difficulties in routine business operations and a loss of business continuity, the demand from end-use sectors fell sharply. In addition, the market for AR and VR smart glasses is projected to benefit from emerging trends in 5G technologies and a rising push toward digitization in the years to come. Remote work and collaboration tools become necessary as a result of lockdowns and social seclusion policies. Smart glasses with augmented reality and virtual reality capabilities gave groups of people a means to communicate, have meetings, and share information in immersive settings that mimicked being together in person. For telemedicine and medical education applications, the healthcare industry resorted to AR and VR technologies. For example, medical training has used virtual reality (VR) glasses to imitate operations and procedures.
AR and VR Smart Glasses Market Restraints
High-end technology is used in the wearable smart glass for VR and AR. There are many different applications for AR and VR. However, the market for AR and VR smart glasses is constrained in several areas due to insufficient application of these technologies. Less demand for the market is a result of the poor operations. Additionally, the largest tech businesses demand the best AR and VR smart glasses. The market's profitability is impacted when these standards are not met. One of the main causes of weak apps is a lack of research. In various areas, there are less investments being made in research and development for AR and VR.
AR and VR Smart Glasses Market Report Scope
|
Segmentation of the AR and VR Smart Glasses Market,2021 – 2028 |
|
|
By Device Type |
Binocular Monocular |
|
By Product Type |
Mobile Phone Smart Glasses Integrated Smart Glasses External Smart Glasses |
|
By Application |
Education Gaming Industrial Military |
|
By Region |
North America (U.S., Canada and Mexico) Europe (Germany, United Kingdom, France, Italy, Spain, Russia, Nordics, Benelux and Rest of Europe) Asia Pacific (China, India, Japan, South Korea, Oceania, and Rest of Asia Pacific) Middle East & Africa (GCC, South Africa and Rest of the Middle East & Africa) South America (Brazil, Argentina, Chile, Peru, and Rest of South America) |
AR and VR Smart Glasses Market Segment Analysis
Based on kind, end use, and geographic region, the AR/VR smart glasses market is divided. The optical see through and the video see through segments of the market are separated based on kind. The gaming sector, healthcare, education, the military & defence, and other end uses are all considered while analysing the market. The study profiles the leading AR and VR Smart Glasses market participants and provides a SWOT analysis and industry insights. The research also focuses on the major industry participants, including details on their business profiles, the goods and services they offer, their financial performance over the last three years, and their significant advancements over the previous five years.
By Device Type
o Binocular
o Monocular
By Product Type
o Mobile Phone Smart Glasses
o Integrated Smart Glasses
o External Smart Glasses
By Application
o Education
o Gaming
o Industrial
o Military
By Region
o North America
o Europe
o Asia Pacific
o South America
o Middle East & Africa
AR and VR Smart Glasses Market Regional Analysis
The United States in particular served as a significant centre for AR and VR innovation, development, and investment. In the region, AR and VR smart glasses have been widely adopted in a number of industries, including gaming, entertainment, business, healthcare, and education. Market-shaping organizations like Google, Microsoft (with HoloLens), and Oculus (owned by Facebook) all had a huge impact. A number of businesses and startups were developing cutting-edge applications in Europe, which also had a significant presence in the AR and VR fields. Manufacturing, automotive, and aerospace sectors all expressed interest in employing AR and VR smart glasses for maintenance, design, and training. The use of virtual reality for tourism and cultural heritage protection has also increased in the area. Particularly in the manufacture and use of AR and VR gadgets, Asia-Pacific was a major player. Tech behemoths like Xiaomi, Huawei, and Tencent were making investments in AR and VR. Companies like Sony were looking into VR solutions, and it had a history of innovation in the gaming and entertainment industries. The use of the technology was expanding into industries like education, real estate, and tourism. The development of the infrastructure and the economy in this area affected how quickly adoption occurred. The Middle East and Africa had very moderate adoption, with certain nations in the region looking into AR and VR for educational initiatives and marketing campaigns. The adoption rate was affected by a variety of factors, including the local regulatory climate, infrastructure issues, and economic concerns. The adoption of AR and VR smart glasses can be influenced by elements like technological infrastructure, economic situations, cultural preferences, and legal frameworks. It's vital to keep in mind that regional trends might change quickly.
AR and VR Smart Glasses Market Key Players
The leading companies in the AR and VR smart glasses market are introducing a new model of smart glasses specifically for the medical industry. Smart glasses adoption by medical institutions is accelerating exponentially. Additionally, it is employed in medical operations and teaching.
o Microsoft (HoloLens)
o Facebook (Oculus)
o Magic Leap
o Google (Google Glass)
o Vuzix
o PTC (Vuforia)
o Epson
o Sony (PlayStation VR)
o HTC Vive
o Meta (formerly known as Meta View, previously Metaio)
o Apple (speculated to be developing AR glasses)
o Snap Inc. (Spectacles)
o Nreal
o RealWear
o DAQRI
o ODG (Osterhout Design Group)
o Atheer
o Lenovo (Mirage Solo)
o Samsung (Gear VR)
o Rokid
o ThirdEye Gen
o Avegant
o NVIDIA
o Pimax
o Others
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Architecture
2.3 Scope of the Study
2.4 Related Stakeholders
3 Research Methodology
3.1 Introduction
3.2 Primary Research
3.2.1 Key Insights
3.2.2 Breakdown of Primary Interviews
3.3 Secondary Research
3.3.1 Important Sources
3.4 Market Size Estimation Approaches
3.4.1 Top-Down Approach
3.4.2 Bottom-Up Approach
3.4.3 Data Triangulation
3.5 List of Assumptions
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.3 Restraints
4.4 Opportunities
4.5 Porter's Five Forces Model Analysis
4.6 Value Chain Analysis
4.7 Impact of COVID-19 on Global AR and VR Smart Glasses Market
5 Global AR and VR Smart Glasses Market, By Device Type
5.1 Introduction
5.2 Binocular
5.3 Monocular
6 Global AR and VR Smart Glasses Market, By Product Type
6.1 Introduction
6.2 Mobile Phone Smart Glasses
6.3 Integrated Smart Glasses
6.4 External Smart Glasses
7 Global AR and VR Smart Glasses Market, By Application
7.1 Introduction
7.2 Education
7.3 Gaming
7.4 Industrial
7.5 Military
8 Global AR and VR Smart Glasses Market, By Region
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 France
8.3.4 Italy
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia-Pacific
8.4.1 China
8.4.2 India
8.4.3 Japan
8.4.4 South Korea
8.4.5 Rest of Asia-Pacific
8.5 Middle East and Africa
8.6 South America
9 Competitive Landscape
9.1 Introduction
9.2 Vendor Evaluation Criteria
9.3 Vendor Share Analysis, 2021
9.4 Recent Developments, 2019-2021
9.4.1 New Deployment Model Launches
9.4.2 Partnerships
9.4.3 Mergers or Acquisitions
9.4.4 Business Expansions
10 Company Profiles
(This section covers the Business Overview, Financial Overview, Deployment Model and Deployment Model Offerings, Recent Developments, SWOT Analysis, and Key Strategies of the top Market
vendors. The given sequence does not represent their rankings in the market.
10.1 Microsoft (HoloLens)
10.2 Facebook (Oculus)
10.3 Magic Leap
10.4 Google (Google Glass)
10.5 Vuzix
10.6 PTC (Vuforia)
10.7 Epson
10.8 Sony (PlayStation VR)
10.9 HTC Vive
10.10 Meta (formerly known as Meta View, previously Metaio)
10.11 Apple (speculated to be developing AR glasses)
10.12 Snap Inc. (Spectacles)
10.13 Nreal
10.14 RealWear
10.15 DAQRI
10.16 ODG (Osterhout Design Group)
10.17 Atheer
10.18 Lenovo (Mirage Solo)
10.19 Samsung (Gear VR)
10.20 Rokid
10.21 ThirdEye Gen
10.22 Avegant
10.23 NVIDIA
10.24 Pimax
10.25 Others
11 Appendix
11.1 Discussion Guide
11.2 Customization Options
11.3 Related Reports
List of Tables
Table 1 Global AR and VR Smart Glasses Market, By Device Type, 2019-2030 (USD Billion)
Table 2 Global AR and VR Smart Glasses Market, By Product Type2019-2030 (USD Billion)
Table 3 Global AR and VR Smart Glasses Market, By Application, 2019-2030 (USD Billion)
Table 4 Global AR and VR Smart Glasses Market, By Region, 2019-2030 (USD Billion)
Table 5 North America AR and VR Smart Glasses Market, By Country, 2019-2030 (USD Billion)
Table 6 North America AR and VR Smart Glasses Market, By Device Type, 2019-2030 (USD Billion)
Table 7 North America AR and VR Smart Glasses Market, By Product Type2019-2030 (USD Billion)
Table 8 North America AR and VR Smart Glasses Market, By Application, 2019-2030 (USD Billion)
Table 9 United States AR and VR Smart Glasses Market, By Device Type, 2019-2030 (USD Billion)
Table 10 United States AR and VR Smart Glasses Market, By Product Type2019-2030 (USD Billion)
Table 11 United States AR and VR Smart Glasses Market, By Application, 2019-2030 (USD Billion)
Table 12 Canada AR and VR Smart Glasses Market, By Device Type, 2019-2030 (USD Billion)
Table 13 Canada AR and VR Smart Glasses Market, By Product Type2019-2030 (USD Billion)
Table 14 Canada AR and VR Smart Glasses Market, By Application, 2019-2030 (USD Billion)
Table 15 Mexico AR and VR Smart Glasses Market, By Device Type, 2019-2030 (USD Billion)
Table 16 Mexico AR and VR Smart Glasses Market, By Product Type2019-2030 (USD Billion)
Table 17 Mexico AR and VR Smart Glasses Market, By Application, 2019-2030 (USD Billion)
Table 18 Europe AR and VR Smart Glasses Market, By Country, 2019-2030 (USD Billion)
Table 19 Europe AR and VR Smart Glasses Market, By Device Type, 2019-2030 (USD Billion)
Table 20 Europe AR and VR Smart Glasses Market, By Product Type2019-2030 (USD Billion)
Table 21 Europe AR and VR Smart Glasses Market, By Application, 2019-2030 (USD Billion)
Table 22 Germany AR and VR Smart Glasses Market, By Device Type, 2019-2030 (USD Billion)
Table 23 Germany AR and VR Smart Glasses Market, By Product Type2019-2030 (USD Billion)
Table 24 Germany AR and VR Smart Glasses Market, By Application, 2019-2030 (USD Billion)
Table 25 United Kingdom AR and VR Smart Glasses Market, By Device Type, 2019-2030 (USD Billion)
Table 26 United Kingdom AR and VR Smart Glasses Market, By Product Type2019-2030 (USD Billion)
Table 27 United Kingdom AR and VR Smart Glasses Market, By Application, 2019-2030 (USD Billion)
Table 28 France AR and VR Smart Glasses Market, By Device Type, 2019-2030 (USD Billion)
Table 29 France AR and VR Smart Glasses Market, By Product Type2019-2030 (USD Billion)
Table 30 France AR and VR Smart Glasses Market, By Application, 2019-2030 (USD Billion)
Table 31 Italy AR and VR Smart Glasses Market, By Device Type, 2019-2030 (USD Billion)
Table 32 Italy AR and VR Smart Glasses Market, By Product Type2019-2030 (USD Billion)
Table 33 Italy AR and VR Smart Glasses Market, By Application, 2019-2030 (USD Billion)
Table 34 Spain AR and VR Smart Glasses Market, By Device Type, 2019-2030 (USD Billion)
Table 35 Spain AR and VR Smart Glasses Market, By Product Type2019-2030 (USD Billion)
Table 36 Spain AR and VR Smart Glasses Market, By Application, 2019-2030 (USD Billion)
Table 37 Rest of Europe AR and VR Smart Glasses Market, By Device Type, 2019-2030 (USD Billion)
Table 38 Rest of Europe AR and VR Smart Glasses Market, By Product Type2019-2030 (USD Billion)
Table 39 Rest of Europe AR and VR Smart Glasses Market, By Application, 2019-2030 (USD Billion)
Table 40 Asia-Pacific AR and VR Smart Glasses Market, By Country, 2019-2030 (USD Billion)
Table 41 Asia-Pacific AR and VR Smart Glasses Market, By Device Type, 2019-2030 (USD Billion)
Table 42 Asia-Pacific AR and VR Smart Glasses Market, By Product Type2019-2030 (USD Billion)
Table 43 Asia-Pacific AR and VR Smart Glasses Market, By Application, 2019-2030 (USD Billion)
Table 44 China AR and VR Smart Glasses Market, By Device Type, 2019-2030 (USD Billion)
Table 45 China AR and VR Smart Glasses Market, By Product Type2019-2030 (USD Billion)
Table 46 China AR and VR Smart Glasses Market, By Application, 2019-2030 (USD Billion)
Table 47 India AR and VR Smart Glasses Market, By Device Type, 2019-2030 (USD Billion)
Table 48 India AR and VR Smart Glasses Market, By Product Type2019-2030 (USD Billion)
Table 49 India AR and VR Smart Glasses Market, By Application, 2019-2030 (USD Billion)
Table 50 Japan AR and VR Smart Glasses Market, By Device Type, 2019-2030 (USD Billion)
Table 51 Japan AR and VR Smart Glasses Market, By Product Type2019-2030 (USD Billion)
Table 52 Japan AR and VR Smart Glasses Market, By Application, 2019-2030 (USD Billion)
Table 53 South Korea AR and VR Smart Glasses Market, By Device Type, 2019-2030 (USD Billion)
Table 54 South Korea AR and VR Smart Glasses Market, By Product Type2019-2030 (USD Billion)
Table 55 South Korea AR and VR Smart Glasses Market, By Application, 2019-2030 (USD Billion)
Table 56 Rest of Asia-Pacific AR and VR Smart Glasses Market, By Device Type, 2019-2030 (USD Billion)
Table 57 Rest of Asia-Pacific AR and VR Smart Glasses Market, By Product Type2019-2030 (USD Billion)
Table 58 Rest of Asia-Pacific AR and VR Smart Glasses Market, By Application, 2019-2030 (USD Billion)
Table 59 Middle East and Africa AR and VR Smart Glasses Market, By Device Type, 2019-2030 (USD Billion)
Table 60 Middle East and Africa AR and VR Smart Glasses Market, By Product Type2019-2030 (USD Billion)
Table 61 Middle East and Africa AR and VR Smart Glasses Market, By Application, 2019-2030 (USD Billion)
Table 62 South America AR and VR Smart Glasses Market, By Device Type, 2019-2030 (USD Billion)
Table 63 South America AR and VR Smart Glasses Market, By Product Type2019-2030 (USD Billion)
Table 64 South America AR and VR Smart Glasses Market, By Application, 2019-2030 (USD Billion)
List of Figures
Figure 1 Global AR and VR Smart Glasses Market: Market Segmentation
Figure 2 Global AR and VR Smart Glasses Market: Research Methodology
Figure 3 Breakdown of Primary Interviews
Figure 4 Top-Down Approach
Figure 5 Bottom-Up Approach
Figure 6 Data Triangulation
Figure 7 Global AR and VR Smart Glasses Market: Drivers, Restraints, Opportunities, and Challenges
Figure 8 Global AR and VR Smart Glasses Market: Porter's Five Forces Model Analysis
Figure 9 Global AR and VR Smart Glasses Market: Value Chain Analysis
Figure 10 Global Fuel Cell AR and VR Smart Glasses Share Analysis, By Device Type, 2021 and 2030
Figure 11 Global Fuel Cell AR and VR Smart Glasses Share Analysis, By Product Type2021 and 2030
Figure 12 Global Fuel Cell AR and VR Smart Glasses Share Analysis, By Application, 2021 and 2030
Figure 13 Global Fuel Cell AR and VR Smart Glasses Share Analysis, By Region, 2021 and 2030
Figure 14 North America Fuel Cell AR and VR Smart Glasses Share Analysis, By Country, 2021 and 2030
Figure 15 North America Fuel Cell AR and VR Smart Glasses Share Analysis, By Device Type, 2021 and 2030
Figure 16 North America Fuel Cell AR and VR Smart Glasses Share Analysis, By Product Type2021 and 2030
Figure 17 North America Fuel Cell AR and VR Smart Glasses Share Analysis, By Application, 2021 and 2030
Figure 18 Europe Fuel Cell AR and VR Smart Glasses Share Analysis, By Country, 2021 and 2030
Figure 19 Europe Fuel Cell AR and VR Smart Glasses Share Analysis, By Device Type, 2021 and 2030
Figure 20 Europe Fuel Cell AR and VR Smart Glasses Share Analysis, By Product Type2021 and 2030
Figure 21 Europe Fuel Cell AR and VR Smart Glasses Share Analysis, By Application, 2021 and 2030
Figure 22 Asia-Pacific Fuel Cell AR and VR Smart Glasses Share Analysis, By Country, 2021 and 2030
Figure 23 Asia-Pacific Fuel Cell AR and VR Smart Glasses Share Analysis, By Device Type, 2021 and 2030
Figure 24 Asia-Pacific Fuel Cell AR and VR Smart Glasses Share Analysis, By Product Type2021 and 2030
Figure 25 Asia-Pacific Fuel Cell AR and VR Smart Glasses Share Analysis, By Application, 2021 and 2030
Figure 26 Middle East and Africa Fuel Cell AR and VR Smart Glasses Share Analysis, By Device Type, 2021 and 2030
Figure 27 Middle East and Africa Fuel Cell AR and VR Smart Glasses Share Analysis, By Product Type2021 and 2030
Figure 28 Middle East and Africa Fuel Cell AR and VR Smart Glasses Share Analysis, By Application, 2021 and 2030
Figure 29 South America Fuel Cell AR and VR Smart Glasses Share Analysis, By Device Type, 2021 and 2030
Figure 30 South America Fuel Cell AR and VR Smart Glasses Share Analysis, By Product Type2021 and 2030
Figure 31 South America Fuel Cell AR and VR Smart Glasses Share Analysis, By Application, 2021 and 2030
Figure 32 Global AR and VR Smart Glasses Market: Competitive Benchmarking
Figure 33 Global AR and VR Smart Glasses Market: Vendor Share Analysis, 2021
Report ID: VBI115
----------------- 2023-09-11
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Format: PDF/Excel
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