Various factors are propelling the global AR and VR smart glasses market share.
According to the recent MRFR report, such factors include growing demand for
augmented reality devices in medical training and education, inpatient care
management, and the growing interest of top tech giants.
On the contrary, health concern for low resolution, less
power consumption, and poor performance of VR and AR apps may deter the global
AR and VR smart glasses market growth over the forecast period. Besides, the
impact of the current COVID-19 outbreak has also impacted the growth of the
market to some extent.
Key Players
Key contenders in the global AR and VR smart glasses market
report include the Atheer (U.S.), Jenax (South Korea), Vuzix (U.S.), Oculus VR
(U.S.), Google Inc. (U.S.), Avegant (U.S.), Razer Inc. (U.S.), HTC Corporation
(Taiwan), Sony Corporation (Japan), FlexEl, LLC. (U.S.), Imprint Energy, Inc.
(U.S.), Kopin Corporation (U.S.), Ricoh (Japan), MicroOLED (France), Optinvent
(France), Royole Corporation (U.S.), Samsung Group (South Korea), Osterhout
Design Group (U.S.), Microsoft Corporation (U.S.), and Seiko Epson Corporation
(Japan).
AR and VR Smart Glasses Market@ https://www.openpr.com/news/2207700/ar-and-vr-smart-glasses-market-expected-to-reach-at-high-pace
Market Segmentation
The MRFR report highlights an inclusive segmental analysis of
the global AR and VR smart glasses market based on application, product, and
device type.
·
By device type, the global AR and VR smart glasses
market is segmented into monocular and binocular.
·
By product, the global AR and VR smart glasses market
is segmented into external smart glasses, integrated smart glasses, and mobile
phone smart glasses. Of these, the external smart glasses segment will lead the
market over the forecast period for its growing use in gaming as well as other
applications and growing use of cloud-based technologies.
·
By application, the global AR and VR smart glasses
market is segmented into commercial, industrial, military, education, and
gaming. Among these, the commercial segment will dominate the market over the
forecast period for the growing demand for AR and VR apps in the retail and
e-commerce sector.
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Regional Analysis
By region, the global AR and VR smart glasses market report
covers the growth opportunities and recent trends across Europe, North America,
the Asia Pacific (APAC), & the Rest of the World (RoW). Of these, North
America will dominate the market over the forecast period.
In Europe, the global AR and VR smart glasses market is
predicted to hold the second-largest share over the forecast period. Increasing
use of AR & VR technology and associated tools to train healthcare
students, educating doctors, improving fitness, managing pharmacy, and caring
for patients, coupled with the growing expansion in commercial and consumer
markets, are adding to the global AR and VR smart glasses market growth in the
region.
In the APAC region, the global AR and VR smart glasses market
is predicted to have sound growth over the forecast period at a high CAGR.
Adoption of technological advancements and new technologies, presence of top
display panel manufacturers, and substantial contribution being made by
different sectors such as sports and entertainment industries, transportation,
healthcare, BFSI, retail, and consumer electronics are adding to the global AR
and VR smart glasses market growth in the region.
If you have any requirements, let know and we will customize the
report according to your need.
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TABLE OF CONTENTS:
1.
Market Introduction
2.
Research Methodology
3.
Market Dynamics
4.
Executive Summary
5.
Market Factor Analysis
6.
AR and VR smart glasses Market, By Segments
7.
Competitive Analysis
Continued…
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