Smart Glasses Statistics 2023 By Region and Market Share

Introduction

The Global Smart Glass Market dimension is predicted to be price round USD 13.2 billion by 2032, from USD 5.5 billion in 2023, rising at a CAGR of 10.5% in the course of the forecast interval from 2023 to 2033.

In current years the demand for good glasses has elevated enormously world wide as these glasses can carry out many advanced computer-powered duties. On the opposite aspect due to developments in know-how the demand for good glasses has enhanced and thus the demand for wearable know-how has elevated accordingly. After the implementation of 5G know-how, the market has began experiencing extra advantages and hopefully, the market share will develop extra quickly within the coming years.

These Smart Glasses Statistics embody many insights from varied sources or facets that can make clear the significance of Smart Glasses within the present state of affairs worldwide.

Editor’s Choice

• According to market.us, Smart Glass Market dimension is predicted to be price round USD 13.2 billion by 2032, from USD 5.5 billion in 2023, rising at a CAGR of 10.5% in the course of the forecast interval from 2023 to 2033..
• In the development and transportation section, the expansion of good glass is estimated to achieve a CAGR of 12.3% and 13.2% respectively from 2023 to 2032.
• According to Technovio’s evaluation in 2023, the expansion of good glasses in 2023 goes to stay highest within the area of North America with a share of 33%.
• In 2023, the estimated market worth of micro LED AR glasses is round USD 0.1 million adopted by the approaching years’ market share are 2024 (USD 2 million), 2025 (USD 5 million), and 2026 ($41 million).
• As of current experiences, by September 2023 the builders of Apple have introduced the event of Vision Pro developer Kits.
• It is predicted that the worldwide market dimension of Global Smart Glasses will develop at a CAGR of 13.2% ranging from 2023 to 2029.
• Smart glasses which are specifically designed by Qualcomm have additionally introduced to growth latest chips in the platform of VR and AR the Snapdragon XR2 Gen 2 and the ARI Gen 1.
• The main gamers within the international good glass market are Polytronix Inc., Saint-Gobain, PPG Industries, Raven Brick LLC, and Pulp Studio.
• According to Wikipedia, good glasses are categorized into two applied sciences energetic and passive. Suspended particle gadgets, electrochromic, and liquid crystals are energetic know-how; whereas photochromic, and thermochromic are passive know-how.

Smart Glass Statistics by Region

(Source: technavio.com)

• Furthermore, the North American area is termed the hub of Original Equipment Manufacturers of Smart Glasses corresponding to Microsoft, Alphabet, Optinvent, Atheer Inc., and Vuzix.
• According to the analysis of Mordor Intelligence, in North America ranging from the yr 2023 to 2028, the good glass market share is predicted to develop at a CAGR of 14.3%.
• Smart glasses are principally used within the sectors of U.S. development as this sector consists of the usage of electrical energy (76%) and greenhouse gasoline emissions (40%). Thus, the adoption of such glasses has helped in enhancing consolation ranges.
• In the European nation, the market progress of the good glass market is estimated to have a CAGR of 13.9% from 202 to 2028.
• In this nation, good glasses are principally utilized in transportation and aerospace industries as these glasses present UV safety and photo voltaic discount by 98% and 40% respectively.
• In China, the good glass market progress is predicted to boost at a CAGR of 14% from 2023 to 2028.

(Reference: coherentmarketinsights.com)

• The above graph describes the utilization of good glass throughout completely different areas in 2023 adopted by North America (32%), Europe (31%), Asia Pacific (25%), Latin America (8%), and Middle East and Africa (4%).
• According to the experiences of Coherent Market Insights, by 2030 the good glass market in North America is predicted to achieve round $1,412.4 million.

Common Uses of Smart Glass

• Quite a lot of issues is now doable for good glasses firstly they’re now designed and developed in such a manner that good glasses can ship and reply to messages, together with calling and receiving cellphone calls.
• Other options are the power to take photographs, and seize movies, allow GPS navigation, permit managing calendars’ appointments, and pop-up reminders.
• These good glasses additionally generally work together with different functions inside the Smartphone such s audio books, podcasts, music, Uber, and so on.
• Other business and enterprise makes use of of good glass are warehousing, navigation, leisure, manufacturing, gaming, distant assist, and studying.

Smart Glass Statistics by Technology

• The market share of the suspended particle section of good glass is predicted to develop at a CAGR of 12.6% from 2023 to 2032. This know-how is most used within the transportation sector with a CAGR of 13.2% from 2023 to 2032.
• The anticipated international electrochromic glass market goes to achieve a CAGR of 9.37% from 202 to 2028.
• In 2023, the most important income share is accounted for by the Polymer-dispersed Liquid Crystals (PDLC) section with a share of over 28%. By the tip of 2030, the Architectural and Transportation good glass market is predicted to account for a income share of $5,438.3 million with a CAGR of 10.1% and $4,839.7 million with a ten.2% share from 2023 to 2030 respectively.
• The international good glass market shares by know-how in 2023 are adopted by electrochromic (83.82%), Liquid Crystal (9.01%), SPD (0.43%), Thermochromic (2.27%), and Photochromic (4.47%).

Types of Smart Glasses

• Monocular Smart Glasses: Common examples are Lumus Sleek, Google Glass, Optivent’s Ora-2, and Vuzix M300. These glasses have head-mounted shows which embody an optical engine on 1 lens.
• Binocular Smart Glasses: Examples are Epson, SONY SED-E1, Moverio, and ODG R-9. These glasses encompass two completely different clear shows with an optical engine that gives stereoscopic imaginative and prescient to customers.
• Audio Augmented Reality Smart Glasses: The finest instance is Bose Frames, these glasses primarily make the most of sound-based AR and are related to visuals. They are principally hooked up by cellphone GPS and movement sensors that permit for producing sound on to the ears.
• Immersive or Mixed Reality Smart Glasses: The finest examples are ODG-9 good glasses and Microsoft HoloLens these glasses are made up of stand-alone methods that principally permit is viewing of 3D photos or objects.
• Mixed Reality Photo Projection Action: A standard instance is Magic Leap, the principle goal of the good glass is to challenge photons instantly into the person’s eyes and permit them to repair frequent drawbacks successfully.

Smart Glass Statistics by Users

(Source: statista.com)

• According to the experiences of Statista, within the United States, the full variety of customers of good glasses in 2023 is predicted to be 12.61 million.
• Furthermore, good glasses are imagined to be adopted by the American individuals are 13.72 million and 14.39 million by the tip of 2024 and 2025 respectively.

Global Market of Smart Glass Statistics

By AR Glasses

(Reference: researchandmarkets.com)

• According to the experiences of Research and Markets, the market share of Augmented Reality and Virtual Reality Smart glasses by 2023 goes to be $15.93 billion.
• On the opposite aspect, by the tip of 2027, the market share goes to develop round $29.3 billion with a CAGR of 16.4%.
• According to Statista, world wide complete AR glasses unit gross sales in 2023 is round 2.11 million and by the tip of 2024, it’ll be 3.9 million.

(Source: buttercms.com)

• As of experiences of ARtillery Intelligence, the market worth of each software program and {hardware} AR glasses has elevated by $6.77 billion in 2023, which has elevated by 104.3% from 2022.
• The income share of AR glasses is predicted to extend 5 occasions by the tip of 2026 with round $35 billion.

By Automotive Smart Glass

(Source: mordorintelligence.com)

• The market dimension of the automotive good glass market in 2023 is predicted to be $2.25 billion and by 2028 the market goes to develop extra round $6.08 billion with a CAGR of twenty-two.03% from 2023 to 2028.
• At the present time, the most important market share within the automotive good glass market stays highest within the North American area and the quickest rising areas are Asia-Pacific and Europe.

Smart Glass Statistics of  Website Traffic

By Country

(Source: similarweb.com)

• As of 2023, Turkey is having the full web site visitors on smartglass.com with 9.43% guests, however the web site has skilled an increment within the complete web site guests by 30.74%.
• The web site customer’s shares are adopted by Colombia with 7.62%, which elevated by 47.55%.
• Furthermore, different international locations web site visitors shares are adopted by the United States (-27.41%), India with 4.74% (+9.58%), Spain with 4.69% (-13.13%), and relaxation international locations collectively made a complete customer share of 67.27%.
• As of September 2023 international rank of the web site smartglass.com resulted from 13,991 and the full visits turned out to 14.3K elevated by 10.34% from final yr.

Top Brands of Smart Glasses

• As of 2023, the general finest good glass is Xreal Air AR Glasses which is developed in a stylist sample with a contemporary body and classy design. Some benefits are able to plenty of multitasking options and embody immersive digital workspaces. This good glass is on the market at Amazon at $380.

• The subsequent finest good glass is Lenovo AssumeReality A3, which is a premium AR glass principally utilized by Windows customers. This affords a Bluetooth audio connection and, a complicated management system, which additionally allows steady and dependable digital workspaces. This good glass is on the market on Amazon at $1499.

• OhO Bluetooth Sunglasses system is predicated on Bluetooth 5.0 and affords a light-weight good glasses possibility. This consists of a number of coloration choices, open-ear speaker know-how that lets you speak on the cellphone, and take heed to music, and a water-proof design that’s out there at Amazon for $32.

• Ray-Ban Stories is one other best-looking good glasses that’s out there at Amazon for $329. This good glass comes with rechargeable instances with efficient battery life, a superb audio system system, and nice model and design.

• Snap Spectacles 3 is finest used for Snapchat customers and higher for content material creators for capturing footage and creating movies on Snapchat with a storage of 1,000 photographs and 100 movies. This good glass has a trendy look and includes high-defined cameras with 4GB of flash storage.

• TCL NXTWears RayNeo XR Glasses embody bodily buttons on the aspect of glasses that make interplay simpler and are simply out there at Amazon for a spread of $400. The optimistic sides of this good glass are extraordinarily snug to put on and low blue gentle safety is best for the eyes.

Conclusion

As of immediately after finishing the article on Smart Glass Statistics it may be clearly said that these glasses are termed as wearable laptop know-how these are designed in such a sample that they appear like common wearable sun shades. These glasses are termed as good as a result of they supply quite a lot of advantages to customers corresponding to notification show, hands-free computing, and Augmented Reality. Thus the article consists of many essential present statistics that can allow you to perceive the subject higher.