DUBLIN, Mar 7, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "Smart Augmented Reality Glasses: Market Analysis and Forecasts " report to their offering.

The report 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. 

The market intelligence anticipates that these volumes will drive device revenue growth from $138.6 million in 2016 to $19.7 billion by 2022.

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.

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 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.

Technologies

- Diffraction Waveguide

- Holographic Waveguide

- Polarized Waveguide

- Reflective Waveguide

- Gesture Control

- Voice Control

- Holographic Touch Control

- Positional Tracking and Depth Sensing

Application Markets

- Consumer

- Enterprise

- Industrial

- Public Safety

- Healthcare

- Sports

- Others

Key Questions Addressed:

- What is the current technology and product landscape for smart AR glasses?

- What is mixed reality and how will this impact the smart AR glasses market?

- What are the main challenges facing smart AR glasses that could impact growth?

- What are the prospects for smart AR glasses in various application markets: consumer, enterprise, industrial, public safety, healthcare, sports, and others?

- What are the key opportunities for smart AR glasses in the enterprise market?

- Which companies are driving innovation in the smart AR glasses market?

- How can smart AR glasses vendors best position themselves to succeed in the long run?

Who Needs This Report?

- Smart AR glasses vendors

- Smart AR glasses software companies

- Semiconductor and component companies

- Content creation providers

- Enterprise IT managers

- Investor community

Companies Mentioned

- DAQRI

- Epson

- Google

- Kopin Corporation

- Lenovo

- Magic Leap

- Meta Glasses

- Microsoft

- Occipital

- Osterhaut Design Group (ODG)

- Recon Instruments (Part of Intel)

- Vuzix

For more information about this report visit http://www.researchandmarkets.com/research/c4w365/smart_augmented

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Research and Markets

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SOURCE Research and Markets