Scope of the Study
Virtual reality smart glasses is defined as the usage of computer technology in order to create a real life environment. Numerous benefit of using virtual reality glasses such as creates a realistic world, make the education easier, user can experiment with an artificial environment, the user to explore places and other benefits. Rising adoption of Virtual reality smart glasses in various field such as education, military, automobile industry, among others is some of the major factors which affect the growth of the market in the future.
The market study is being classified by Type (Mobile Phone VR Glasses Box, Integrated VR Glasses and PC External VR Glasses), by Application (Game, Education, Military and Others) and major geographies with country level break-up.
Atheer, Inc. (United States), Avegant (United States), FlexEl, LLC (United States), Imprint Energy, Inc. (United States), Jenax (South Korea), Kopin Corporation (United States), MicroOLED S.A.S. (France), Oculus VR (United States), Optinvent (France) and Ricoh (Japan) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Royole Corporation (United States), Seiko Epson Corporation (Japan), Vuzix Corporation (United States), HTC Corporation (China), Sony Corporation (Japan), Samsung Group (South Korea),, Google LLC (United States) and Razer Inc. (United States).
The disaster recovery as a service market appears to be highly fragmented and with the presence of several companies including Atheer, Inc. (United States), Avegant (United States, FlexEl, LLC (United States), among others. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global VR Smartglasses market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global VR Smartglasses market by Type, Application and Region.
On the basis of geography, the market of VR Smartglasses has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. If we see Market by Supporting Device , the sub-segment i.e. Mobile will boost the VR Smartglasses market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the VR Smartglasses market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Demand for Virtual Reality Smart Glass in Automobile Applications and Education
- Government Initiative to Support These New technologies such as Smart Glasses Worldwide
- Growing Demand for Conversion of Conventional Glasses to Smart Glasses
- Rising Demand from the Architects for the Use of VR Smart Glasses
- Increasing Usage of 4D and 5D technology in VR Smart Glasses
- Issue related to higher cost of Virtual Reality smart glass and Technical issues related to the performance of Virtual Reality Smart Glass
- Increasing Use of the Virtual smart glass in Supporting technology such as Mobile, Desktop and others
- Growing Demand from Emerging Economics Market such as China, India, Brazil, among others
- Problem-related to High Initial Cost for R&D and Manufacturing of Virtual Reality Smart Glasses
- Major Concern regarding Lack of awareness of long-term benefits of Virtual Reality smart glass
In January 2017, the Osterhout Design Group Inc. (United States) Company has launched smart glasses with snapdragon 853 processes in partnership with Qualcomm Incorporated (United States) Company. Hence, this launched would help in the expansion of the product portfolio of the company
Key Target AudienceTechnology Investors, Research/Consultancy firms, Technology Solution Providers, Government Bodies, Retailers and Hospitality Sector
Customization in the Report Available:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase