The AR And VR Smart Glasses Global Market Report 2023, provides comprehensive information on the AR and VR smart glasses market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032
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The AR and VR smart glasses market, detailed in The Business Research Company’s Global Market Report 2023, anticipates robust growth. Forecasted to surge from $13.65 billion in 2022 to $15.93 billion in 2023, the market exhibits a noteworthy compound annual growth rate (CAGR) of 16.7%. Despite setbacks from the Russia-Ukraine conflict impacting global economic recovery, the market demonstrates resilience. Economic sanctions, commodity price spikes, and supply chain disruptions reverberate across sectors. Nonetheless, the global AR and VR smart glasses market is projected to attain a substantial size of $29.30 billion by 2027, underscoring a consistent CAGR of 16.4%
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In the dynamic landscape of AR and VR smart glasses, technological progress stands as the beacon of innovation. Industry leaders are dedicated to pioneering cutting-edge solutions, exemplified by Seiko Epson Corporation’s October 2022 launch of the Moverio BT-45C and BT-45CS devices. This latest iteration of Moverio AR smart glasses revolutionizes hands-free collaboration for on-site workers and remote specialists, catering to mission-critical tasks like troubleshooting and training. Featuring state-of-the-art Si-OLED technology and a binocular see-through Full HD display, these glasses enhance efficiency, elevate safety standards, and reduce downtime, setting a new standard for seamless integration of digital content with the real world. The Moverio BT-45C and BT-45CS signify a paradigm shift in AR smart glasses, offering compatibility with a diverse array of collaboration and remote assistance software, contributing to the industry’s commitment to advancement.
The AR and VR smart glasses market is segmented:
1) By Device Type: Binocular, Monocular
2) By Product: Mobile Phone Smart Glasses, Integrated Smart Glasses, External Smart Glasses
3) By Type: Optical See Through, Video See Through
4) By End Use: Gaming Industry, Healthcare, Education, Military And Defense, Other End Users
North America was the largest region in the AR and VR smart glasses market in 2022.
Top 5 Major Key Players Are:
Epson Corporation
Samsung Group
Optinvent
Ricoh Company Ltd
Microsoft Corporation,
Table Of Contents
1. Executive Summary
2. AR And VR Smart Glasses Market Characteristics
3. AR And VR Smart Glasses Market Trends And Strategies
4. AR And VR Smart Glasses Market – Macro Economic Scenario
5. AR And VR Smart Glasses Market Size And Growth
……..
26. Africa AR And VR Smart Glasses Market
27. AR And VR Smart Glasses Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The AR And VR Smart Glasses Market
29. AR And VR Smart Glasses Market Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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