Current Business Affairs Global Smart Glasses Market 2018

Smart Glasses Market - Global Industry Analysis, Size, Share, Growth,
Trends, and Forecast To 2025
Market Definition:
Smart glasses are wearable glasses with integrated computer which supports Bluetooth, Wi-Fi and GPS. These glasses
possess all the features of a smart phone and can display the information on glass screen. Moreover, they also offer
functions such as activity tracker that tracks heartbeat counts, calories burned, distance covered, etc.
Smart glasses are employed with various technologies consisting of wearable computing, 4G technology, android
technology, virtual and augmented reality, eye tap technology, etc. The smart glass also has a video display, a camera, a
speaker, touchpad, and microphones. The glasses have gained importance owing to their ability of thermal & acoustic
insulation, energy conservation, along with 3D design proposition. Human computer interface control, which allow the
individual control the product can be provided through three main inputs, which includes hand-held, touch, and
touchless input. This consists of touchpad or buttons, compatible devices (e.g. smartphones or control unit) for remote
control, speech recognition, gesture recognition, eye tracking and brain computer interface, etc. Several companies have
launched their smart glasses including Google’s Google glass, Microsoft’s Hololense, Vuzix’s Smart glasses, etc.
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Market Analysis with Latest Growth Factors:
Growing demand for smart glasses in healthcare applications, emerging applications of smart glasses integrated with
virtual and augmented reality are the major factors fueling the growth of global smart glasses market. Additionally,
rising demand of head-mounted display in entertainment and gaming sector is also projected to enhance the demand
for smart eyewear technology over the forecast period.
The smart glasses market is bifurcated based on the display technology, operating system, application and region. Based
on the technology, the market is further segmented as diffractive waveguide, holographic waveguide, polarized
waveguide, reflective waveguide and others. Diffractive waveguide consists of slanted diffraction grating elements and
Holographic waveguide has three holographic optical elements (HOE) packed together. This technology is used by Sony
and Konica Minolta. Polarized waveguide consists of six multilayer coated polarized reflectors in glass package, while
reflective waveguide is thick light guide with single semi reflective mirror whereas Epson employs this technique in their
Moverio product.
Major Key Players: