Global Smart Augmented Reality (AR) Glasses Market to Reach 8.8 Million Units by the Year 2026
Smart AR glasses are typically heads-up displays in the form of specialized eyewear. Form factors of smart AR glasses range from simple assisted reality glasses to MR Holographic Displays. AR/VR smart glass technology is experiencing increasing adoption in various sectors such as field service, logistics, manufacturing, operation, and inspection.
AR/VR smart glasses have the capability to improve and also take the place of current technology solutions in supply chains.
Organizations using AR wearable electronics are showing applications that result in improvements in productivity, efficiency, and also compliance.
The market is expected to gain from the developments in machine vision and AI and also analytics and big data. Object and face tracking enhancements, voice recognition and other capabilities will augment the adoption of AR and VR. The AR/VR smart glasses market is also expected to gain from the Industry 4.0 and the growing interest in AR/VR technology among gamers.
Also, the implementation of 5G technology and increasing digitization are likely to drive gains in the market.
Amid the COVID-19 crisis, the global market for Smart Augmented Reality (AR) Glasses estimated at 721 Thousand Units in the year 2022, is projected to reach a revised size of 8.8 Million Units by 2026, growing at a CAGR of 80.3% over the analysis period.
This and other trends are analyzed in the recent report which can be requested here >>