Edison, NJ -- (SBWire) -- 02/09/2019 --A new research document with title 'Global Smart Glasses Market 2018-2022' covering detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like North America, Europe or Asia and important players/vendors such as DAQRI, Epson, ODG, Optinvent The report will help user gain market insights, future trends and growth prospects for forecast period of 2018-22
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HTF recognizes the following companies as the key players in the global smart glasses market: DAQRI, Epson, ODG, Optinvent, and Vuzix.
Other Prominent Vendors in the market are: Apple, Google, Laster Technologies, Lenovo, Magic Leap, Microsoft, Meta, Oculus VR, and Sony.
Commenting on the report, an analyst from HTF's team said: "One trend in the market is scope for varied players to venture in to smart glasses market. The smart glasses market remains unexplored and has a wide scope for varied players to venture in to market. Conventional eyewear manufacturers manufacture variables, which are targeted for use by sportspersons. Smart glasses are different from conventional glasses, considering the additional functionalities they possess. The smart glasses consist of sensors and wireless technology that are connected to various other smart wearables and devices, such as smartphone and smartwatches."
According to the report, one driver in the market is automation of operations. The automation of various processes in the manufacturing industry is reducing the need for human labor. According to the World Economic Forum 2016 held at Davos-Klosters, Switzerland, the Fourth Industrial Revolution is underway and will based on fully automated industries and will eliminate millions of jobs over the next five to 10 years. It is expected that nearly 50% of the jobs in the US will be taken over by technology. With the increase in the automation of various operations, the workforce required for manufacturing activities will fall dramatically.
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Further, the report states that one challenge in the market is uncertain market conditions. HTF has identified certain pessimistic aspects to the smart glasses market. Though the market will witness a declining trend in terms of ASP of the device, the revenue will also witness a declining trend during the forecast period. This is because, the market for smart glasses is extremely volatile and is sensitive to several factors, including the acceptance of AR among the consumers, the lack of funding, and the aesthetics of the products.
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Table of Contents
PART 01: EXECUTIVE
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET TERMINOLOGIES
PART 05: INTRODUCTION
- Market outline
PART 06: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 07: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 08: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
....Continued
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