South Korea Smart Glasses Market Size & Outlook, 2024-2030
South Korea smart glasses market, 2018-2030 (US$M)
Related Markets
South Korea smart glasses market highlights
- The South Korea smart glasses market generated a revenue of USD 28.9 million in 2023 and is expected to reach USD 191.5 million by 2030.
- The South Korea market is expected to grow at a CAGR of 31% 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 28.9 million |
| Market revenue in 2030 | USD 191.5 million |
| Growth rate | 31% (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, South Korea accounted for 1.9% 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 Asia Pacific, China smart glasses market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 466.4 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Smart Glasses Market Scope
Smart Glasses Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea 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 78.55% in 2024. Horizon Databook has segmented the South Korea smart glasses market based on e-commerce, retail covering the revenue growth of each sub-segment from 2018 to 2030.
The strong presence of various technology companies and suppliers of smart glasses in the country is driving the market growth. Besides, increasing adoption across various industrial applications is also creating ample opportunities for market growth.
For instance, in September 2022, the public railway operator in South Korea announced to employ smart glasses to help railway workers monitor railway facilities efficiently.
This smart solution is attached to a safety helmet and can automatically monitor facilities through its voice recognition functionality and write reports based on inspection results. Such initiatives will significantly contribute to the market growth over the coming years.
Reasons to subscribe to South Korea smart glasses market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of South Korea smart glasses market databook
-
Our clientele includes a mix of smart glasses market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 South Korea smart glasses market , including forecasts for subscribers. This country databook contains high-level insights into South Korea smart glasses market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea smart glasses market
South Korea Smart Glasses Market Outlook Share, 2024 & 2030 (US$M)
South Korea smart glasses market
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
