Mexico Smart Glasses Market Size & Outlook, 2024-2030
Mexico smart glasses market, 2018-2030 (US$M)
Related Markets
Mexico smart glasses market highlights
- The Mexico smart glasses market generated a revenue of USD 12.4 million in 2023 and is expected to reach USD 76.0 million by 2030.
- The Mexico market is expected to grow at a CAGR of 29.5% 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 12.4 million |
| Market revenue in 2030 | USD 76.0 million |
| Growth rate | 29.5% (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, Mexico accounted for 0.8% 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 North America, U.S. smart glasses market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 76.0 million by 2030.
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Smart Glasses Market Scope
Smart Glasses Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico 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 78.23% in 2024. Horizon Databook has segmented the Mexico smart glasses market based on e-commerce, retail covering the revenue growth of each sub-segment from 2018 to 2030.
The growing adoption of smart gadgets and expansion of several market players in the region is contributing to the market growth. The market growth is being further proliferated by increased adoption of smart glasses across various industries to enhance their operations.
For instance, Tenaris, manufacturer and distributor of steel pipes, has adopted smart glasses to facilitate quick and efficient maintenance in the hot rolling mill at its factory based in Mexico.
These glasses enable audio and video connection between suppliers and other employees in real-time from anywhere. The increasing product demand across warehousing, manufacturing, remote support, navigation, gaming, and entertainment industries will drive the market growth over the forecast period.
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Target buyers of Mexico 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 Mexico smart glasses market , including forecasts for subscribers. This country databook contains high-level insights into Mexico smart glasses market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico smart glasses market
Mexico Smart Glasses Market Outlook Share, 2024 & 2030 (US$M)
Mexico smart glasses market
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