Brazil Smart Glasses Market Size & Outlook, 2024-2030
Brazil smart glasses market, 2018-2030 (US$M)
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Brazil smart glasses market highlights
- The Brazil smart glasses market generated a revenue of USD 25.7 million in 2023 and is expected to reach USD 128.0 million by 2030.
- The Brazil market is expected to grow at a CAGR of 25.8% from 2024 to 2030.
- In terms of segment, retail was the largest revenue generating distribution channel in 2023.
- E-commerce is the most lucrative distribution channel segment registering the fastest growth during the forecast period.
Smart glasses market data book summary
| Market revenue in 2023 | USD 25.7 million |
| Market revenue in 2030 | USD 128.0 million |
| Growth rate | 25.8% (CAGR from 2023 to 2030) |
| Largest segment | Retail |
| Fastest growing segment | E-commerce |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | E-commerce, Retail |
| Key market players worldwide | Amazon.com Inc, Amper SA, Bose Corporation, Bandwidth Inc Class A, Alphabet Inc Class A, Lenovo Group Ltd, Magic Leap, Microsoft Corp, Qualcomm Inc, Sony Group Corp, TCL Electronics Holdings Ltd, Seiko Epson Corp, Vuzix Corp, Razer, Lumus |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.7% of the global smart glasses market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil smart glasses market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 20.3 million by 2030.
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Smart Glasses Market Scope
Smart Glasses Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil 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 77.04% in 2024. Horizon Databook has segmented the Brazil smart glasses market based on e-commerce, retail covering the revenue growth of each sub-segment from 2018 to 2030.
This growth can be attributed to the increased adoption of high-end technologies across various industries as a part of digital transformation initiatives.
For instance, in 2021, agricultural and construction products manufacturer John Deere equipped its team members based in Brazil with Vuzix M400 Smart Glasses.
This technological development has facilitated faster and precise inspection of system maintenance. Such initiatives will open ample growth opportunities for the market over the foreseeable future.
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Target buyers of Brazil smart glasses market databook
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Our clientele includes a mix of smart glasses market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil smart glasses market , including forecasts for subscribers. This country databook contains high-level insights into Brazil smart glasses market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil smart glasses market
Brazil Smart Glasses Market Outlook Share, 2024 & 2030 (US$M)
Brazil smart glasses market
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