Global Smart Glasses Market Size & Outlook, 2023-2030
Global smart glasses market, 2018-2030 (US$M)
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Global smart glasses market highlights
- The global smart glasses market generated a revenue of USD 1,530.0 million in 2023 and is expected to reach USD 8,187.1 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 27.1% by 2030.
- In terms of segment, retail accounted for a revenue of USD 1,218.4 million in 2023.
- E-commerce is the most lucrative distribution channel segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Italy is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 1,530.0 million |
| Market revenue in 2030 | USD 8,187.1 million |
| Growth rate | 27.1% (CAGR from 2023 to 2030) |
| Largest segment | Retail |
| Fastest growing segment | E-commerce |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | E-commerce, Retail |
Other key industry trends
- In terms of revenue, the North America accounted for 34.1% of the global smart glasses market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Italy is the fastest growing regional market and is projected to reach USD 139.3 million by 2030.
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Smart Glasses Market Scope
Smart Glasses Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global smart glasses market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart glasses market will help companies and investors design strategic landscapes.
Retail was the largest segment with a revenue share of 79.63% in 2023. Horizon Databook has segmented the Global smart glasses market based on e-commerce, retail covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of smart glasses market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global smart glasses market , including forecasts for subscribers. This global databook contains high-level insights into Global smart glasses market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global smart glasses market size, by region, 2018-2030 (US$M)
Top 10 countries by Smart Glasses Market revenue, 2023 (US$M)
Global smart glasses market share, by distribution channel, 2023 & 2030 (%, US$M)
Smart glasses market: Opportunity assessment by country
Global smart glasses market, by region, 2023 (US$M)
| Distribution Chann... | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 16.1 | 19.6 | 24.1 | 28.3 | 35.0 | 43.7 | 55.0 | 69.5 | 88.4 | 112.9 | 144.8 | 186.6 | 242.0 | 18.9% |
| Europe | 164.6 | 197.5 | 239.5 | 275.8 | 335.6 | 411.9 | 510.1 | 634.4 | 793.9 | 997.1 | 1,258.0 | 1,593.9 | 2,033.5 | 17.5% |
| North America | 217.0 | 258.2 | 310.4 | 354.6 | 428.1 | 521.2 | 640.2 | 790.0 | 980.8 | 1,222.2 | 1,528.9 | 1,915.0 | 2,419.1 | 16.7% |
| MEA | 23.0 | 29.9 | 38.6 | 47.3 | 60.2 | 76.7 | 97.7 | 123.9 | 157.0 | 198.0 | 254.0 | 347.8 | 458.1 | 19.7% |
| Asia Pacific | 157.7 | 196.5 | 247.3 | 295.9 | 374.0 | 476.7 | 613.0 | 791.8 | 1,029.0 | 1,342.0 | 1,756.0 | 2,297.6 | 3,034.5 | 20.6% |
| Overall | 578.3 | 701.8 | 860.0 | 1,001.9 | 1,232.9 | 1,530.0 | 1,915.9 | 2,409.7 | 3,049.2 | 3,872.2 | 4,941.7 | 6,340.7 | 8,187.1 | 27.1% |
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