Smart Augmented Reality Glasses: Market Analysis and Forecasts

Tuesday, March 7, 2017 General News
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LONDON, March 6, 2017 /PRNewswire/ -- The market for smart augmented reality (AR) glasses is in transition. Assisted reality

headsets like Google Glass have not delivered on their promise, and remain niche products that continue to see pilot deployments in industrial and enterprise settings without any meaningful volumes. Slow sales cycles are partly to blame, but the market
has also seen the emergence of a more compelling AR headset technology, that of mixed reality (MR). While assisted reality simply overlays digital information on your vision, MR has positional tracking and depth sensors to provide a more immersive experience, enabling interactions with holographic objects.

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Microsoft HoloLens, which launched a developer kit in 2016, is one of the first true MR headsets in the market, and has been gaining momentum in commercial use cases across the enterprise, industrial, defense, and educational markets. The question remains if Microsoft will be able to maintain the momentum, or whether it ends up like Google Glass, which failed to emerge beyond the commercial use cases. Overall, the market for AR glasses will have different entry points with devices like HoloLens and Magic Leap at the top, modular devices like ODG's R9 and Occipital Bridge in the middle, followed by assisted reality glasses at the lower end. The high-end and medium-range smart AR glasses are likely to find usage in enterprise and consumer settings, while the lower-end assisted reality headsets with their glanceable interfaces are ideal for industrial usage where full-screen AR can be a distraction. Tractica forecasts that the global market for smart AR glasses will grow from 150,000 unit shipments in 2016 to 22.8 million units annually by 2022. These volumes will drive device revenue growth from $138.6 million in 2016 to $19.7 billion by 2022.This Tractica report covers the various types of smart AR glasses, from simple assisted reality glasses to MR holographic displays and smart helmets. The different application markets for smart AR glasses that are covered in depth include consumer, enterprise, industrial, public safety, and healthcare. Competitive analysis of the various hardware and software vendors is provided, along with strategic recommendations for the various players in the value chain. This report also provides market forecasts ranging from 2016 to 2022 for smart AR glasses with data segmented by region, application market, and connectivity technology.

Key Market Forecasts- Smart AR Glasses Shipments by Region, WorldMarkets: 2013-2020- Smart AR Glasses Revenue by Region, WorldMarkets: 2013-2020- Smart AR Glasses Shipments by ApplicationMarket, World Markets: 2013-2020- Smart AR Glasses Revenue by ApplicationMarket, World Markets: 2013-2020- Smart AR Glasses Shipments by ConnectivityTechnology, World Markets: 2013-2020- Smart AR Glasses (Assisted Reality) Shipmentsand Revenue by Application Market, WorldMarkets: 2016-2022- Smart AR Glasses (Mixed Reality) Shipmentsand Revenue by Application Market, WorldMarkets: 2016-2022Technologies- Diffraction Waveguide- Holographic Waveguide- Polarized Waveguide- Reflective Waveguide- Gesture Control- Voice Control- Holographic Touch Control- Positional Tracking andDepth SensingApplication Markets- Consumer- Enterprise- Industrial- Public Safety- Healthcare- Sports- OthersGeographies- North America- Europe- Asia Pacific- Latin America- Middle East and AfricaDownload the full report: ReportbuyerReportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers

For more information: Sarah Smith Research Advisor at Email: Tel: +44 208 816 85 48 Website:

To view the original version on PR Newswire, visit:

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