Category: Technology News

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.

Smart Card market in the Telecom sector 2015 to grow at a CAGR of 4.98% by 2019

Global Smart Card Market in Telecom Sector 2015-2019

About Smart Card:-

Smart card is a pocket-sized card, generally made of plastic, which is embedded with integrated circuits or microchips. It is used for authentication, identification, data storage, and application processing. Smart cards are classified into two types: contact-based and contactless. Contact-based smart cards have a contact area of approximately 1 square cm. These cards are inserted into the smart card reader. Contactless smart cards are embedded with integrated circuits that process and store data and communicate with a terminal via radio frequencies. These cards are used by employing a radio frequency between card and the reader that needs no physical insertion of the card. Therefore, contactless smart cards have faster applications and are user-friendly. Contactless smart cards are widely accepted and used by some of the major sectors such as BFSI, Government, Transportation, Healthcare, and Defense.

Global Smart Card market in the Telecom sector to grow at a CAGR of 4.98 percent over the period 2014-2019.

There is profound demand for smart cards in the Telecom sector across the world. The largest contributor in the market, in terms of both revenue and shipment, is the APAC region, followed by Europe. Swift technological improvements, such as twin smart cards and near-field communication cards, are supporting the growth of the market in this sector.

“The need to carry multiple cards is eliminated with the use of twin cards because these cards share storage and processing of information,”

“Data and information consolidated in a single smart card also enables ease of handling. The availability of twin cards is expected to support the growth of the Global Contactless Smart Card market.”

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Covered in this Report:-

This report covers the present scenario and the growth prospects of the Global Smart Card market in the Telecom sector for the period 2015-2019. To calculate the market size, the report considers revenue generated from the sales of smart cards in the Telecom sector. The report does not include revenue generated from the sales of contactless smart cards in the Telecom sector.

Global Smart Card Market in Telecom Sector 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the APAC region, Europe, Latin America, North America, and the MEA region; it also covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key Market Drivers

Increased Need to Reduce Identity Duplication
Increased Use of Personal Devices for Financial Transactions
Need for User-friendly Interface
Increased Use of Electronic Purses

Key Market Trends

Increased Adoption of NFC Payments
High Adoption of M-commerce
Availability of Twin Smart Cards
Advances in Technology

Key Market Vendors

Gemalto NV
Giesecke & Devrient GmbH
Morpho SA
Oberthur Technologies
Watchdata System Co. Ltd.

To define the market circumstances in the next 3-4 years, Our analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.