Market revenue in 2023 | USD 65.6 million |
Market revenue in 2030 | USD 466.4 million |
Growth rate | 32.3% (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 |
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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 79.27% in 2024. Horizon Databook has segmented the India smart glasses market based on e-commerce, retail covering the revenue growth of each sub-segment from 2018 to 2030.
The rapid expansion of 5G networks across the country will also impel the demand for smart glasses in the coming years. Presence of several manufacturers and distributors of smart glasses in India, who are continuously introducing innovative offerings, is positively influencing the market outlook.
For instance, in June 2022, Noise launched Noise i1 smart eyewear in India, featuring motion compensation, motion estimation, a microphone for calls, hands-free voice control, magnetic charging, etc. Such technological developments will effectively contribute to the market growth over the foreseeable future.
Horizon Databook provides a detailed overview of country-level data and insights on the India smart glasses market , including forecasts for subscribers. This country databook contains high-level insights into India smart glasses market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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