Smart Glasses Market 2020-2024 | COVID-19 Recovery Analysis | Implementation of Automation in Industrial Sector to Boost Growth | Technavio
Technavio has been monitoring the smart glasses market and it is poised to grow by USD 59.94 million during 2020-2024, progressing at a CAGR of almost 15% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Download a Free Sample Report on COVID-19
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Technavio has announced its latest market research report titled Global Smart Glasses Market 2020-2024 (Graphic: Business Wire)
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries. However, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a Negative and Inferior impact on the smart glasses market. The market growth in 2020 is likely to Increase compared to the market growth in 2019.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Alphabet Inc., Elbit Systems Ltd., Huawei Investment & Holding Co. Ltd., Intel Corp., Microsoft (News - Alert) Corp, Optinvent, Seiko Epson Corp., Sony Corp., Toshiba Corp., and Vuzix Corp. are some of the major market participants. The growing adoption of AR gaming by individuals will offer immense growth opportunities. In a bid to help players strengthen their market foothold, these smart glasses market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Smart Glasses Market 2020-2024: Segmentation
Smart Glasses Market is segmented as below:
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43687
Smart Glasses Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The smart glasses market report covers the following areas:
This study identifies rise in number of strategic partnerships and acquisitions as one of the prime reasons driving the smart glasses market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
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Smart Glasses Market 2020-2024: Key Highlights
Table of Contents:
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by End-user
Market Segmentation by OS
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