Market Research Report
Smart Glasses - Thematic Research
|Published by||GlobalData||Product code||956055|
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|Smart Glasses - Thematic Research|
|Published: August 31, 2020||Content info:||
The public perception of smart glasses has struggled to recover from the high-profile failure of Google Glass in 2014. However, the recent launch of Amazon Echo Frames and Google's purchase of smart glasses maker North in June 2020 suggests Big Tech still sees potential in the technology as a consumer product. Meanwhile, smart glasses have also begun to carve out a niche as a business tool.
There is little to choose between the consumer and enterprise smart glasses segments when it comes to volume of shipments, but the enterprise market generates far greater revenue, equivalent to 80% of the total market in 2019. Enterprise devices cost significantly more than their consumer counterparts, as they typically feature industry-specific capabilities.