Smart Glasses market for Augmented Reality 2015 to grow at a CAGR of 194.2% by 2019

Global Smart Glasses Market for Augmented Reality 2015-2019

About Mobile Augmented Reality

Smart glasses are devices that are fitted with a small display and can also be used as conventional glasses. Smart glasses are a sleeker version of HMD and while the functioning of smart glasses is similar to HMDs, they also have a see-through display and look like a pair of normal glasses. The adoption of smart glasses is expected to increase significantly among enterprises and individual consumers for various applications in healthcare, industrial use, and logistics, among others.

Global Smart Glasses market for Augmented Reality to grow at a CAGR of 194.2 percent over the period 2014-2019.

New products being launched in 2015 include offerings by Vuzix, Sony, ODG, GlassUp, Meta and several other prominent vendors.

“Electronics giants like Microsoft, Samsung, LG, Baidu, Toshiba and Canon are all investing in smart glasses that are expected to be launched by the end of 2015,”

The new report also emphasizes several AR vendors that are using crowdfunding to raise capital for their projects, which has benefitted the market by introducing products directly tailored to consumer demand.

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Covered in this Report

This report covers the present scenario and growth prospects of the Global Smart Glasses market for Augmented Reality for the period 2015–2019. The report covers the overall ecosystem of the Global Smart Glasses market for Augmented Reality which includes engine providers, software application developers, and smart glasses OEMs. In addition, the report discusses the major drivers, challenges, and trends that influence the growth of the market.

Global Smart Glasses Market for Augmented Reality 2015-2019, has been prepared based on an in-depth market analysis, with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the landscape of the Global Smart Glasses market for Augmented Reality and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.

“Indiegogo, GoFundMe and Kickstarter are popular crowdfunding sites that help vendors build the right products for the market,”

Furthermore, companies are busy changing their BYOD and Corporate Owned Personally Enabled (COPE) strategies to include smart glasses. COPE is becoming more popular as it allows firms to secure mobile devices and monitor them, while still bringing down infrastructure costs and streamlining business processes.