Market Research Future (MRFR) reveals in its new research study that the AR and VR smart glasses market 2020 can procure an approximate growth rate of 13% between 2017 and 2023 (appraisal period). We will provide covid-19 impact analysis with the report. The report offers an in-depth analysis of the market following the coronavirus disease outbreak.
COVID-19 Analysis
The impact analysis on covid-19 by MRFR suggests that augmented reality (AR) and virtual reality (VR) solutions can significantly contribute while bracing for the impact of the pandemic, in addition to addressing the emerging challenges. The COVID-19 outbreak has compelled a number of pharmaceutical firms and healthcare institutes to enhance their R&D spending in artificial intelligence (AI), which is the core technology for several initiatives. Semiconductor is one of the many industries currently dealing with the pressure in terms of finance.
Notable Vendors
Google Inc. (U.S.), Avegant (U.S.), Atheer (U.S.), Oculus VR (U.S.), Seiko Epson Corporation (Japan), Optinvent (France), MicroOLED (France), Osterhout Design Group (U.S.), Samsung Group (South Korea), Royole Corporation (U.S.), Razer Inc. (U.S.), Sony Corporation (Japan), Ricoh (Japan), Microsoft Corporation (U.S.), Kopin Corporation (U.S.), HTC Corporation (Taiwan), Vuzix (U.S.), Jenax (South Korea), Imprint Energy, Inc. (U.S.), FlexEl, LLC. (U.S.), are the notable vendors in the AR and VR smart glasses market.
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Market Segmentation
The AR and VR smart glasses industry has been considered for device type, product, and application.
·
The device types covered in the study include binocular as well as
monocular.
· The products assessed in the report are integrated smart glasses, external smart glasses and mobile phone smart glasses. The external smart glasses segment could be leading shareholder in the market, because of their rising use in gaming and other applications. Increased adoption of cloud-based technologies also drives their demand in the AR and VR smart glasses market.
· The application areas of AR and VR smart glasses include education, industrial, gaming, commercial and military. The lead is expected to be taken by the commercial segment given the soaring demand for virtual reality and augmented reality applications in retail and e-commerce sectors.
Regional Study
The regional study of the AR and VR smart glasses comprises APAC or Asia Pacific, North America, Europe, and RoW and Rest of the World.
The escalating demand for VR and AR in architecture could be a lucrative opportunity, ensuring North America’s dominance in the global market during the appraisal period. The rising use of AR and VR smart glasses in construction projects is also inducing significant market growth in the United States as well as Canada. Furthermore, video gaming has emerged as the fastest-expanding entertainment industry in the region, which is another reason for the high demand for AR and VR smart glasses. Apart from this, the AR and VR technology has gained immense importance in the healthcare sector, majorly deployed in medical training applications.
For more info: https://www.marketresearchfuture.com/reports/ar-vr-smart-glasses-market-4837
Major Highlights of TOC Covers:
1. Executive Summary
2. Key Business Trends
3. Regional Trends and Growth
4. Product Trends
5. End-use Trends
6. Definition and Forecast Parameters
7. AR and VR smart glasses Market Segmentation
8. AR and VR smart glasses Market Landscape
9. Vendor Matrix
10. Company Profiles
11. Business Overview
12. Financial Data
13. Product Landscape
Continue…
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