Smartglasses

Metaverse in Entertainment Market to grow by USD 33.32 billion from 2022 to 2027, Growth Driven by the growing adoption of AR/VR gaming by individuals - Technavio

Retrieved on: 
Wednesday, October 18, 2023

The potential growth difference for the metaverse in entertainment market from 2022 to 2027 is USD 33.32 billion.

Key Points: 
  • The potential growth difference for the metaverse in entertainment market from 2022 to 2027 is USD 33.32 billion.
  • Get deeper insights into the market size, current market scenario, future growth opportunities, major growth driving factors, the latest trends, and much more.
  • Buy the full report here
    The growing adoption of AR/VR gaming by individuals is a key factor driving market growth.
  • The metaverse in healthcare market size is estimated to grow at a CAGR of 34.92% between 2022 and 2027.

Metaverse Market to grow by USD 1,152.35 billion from 2022 to 2027 | Growth Driven by the rise of blockchain as a service - Technavio

Retrieved on: 
Wednesday, October 18, 2023

The potential growth difference for the metaverse market between 2023 and 2027 is USD 1,152.35  billion.

Key Points: 
  • The potential growth difference for the metaverse market between 2023 and 2027 is USD 1,152.35  billion.
  • Get deeper insights into the market size, current market scenario, future growth opportunities, major growth driving factors, the latest trends, and much more.
  • Buy the full report here
    The rise of blockchain as a service is a key factor driving market growth.
  • The metaverse in healthcare market size is estimated to grow at a CAGR of 34.92% between 2022 and 2027.

Vuzix Continues to Receive Follow-on and New Design Orders from Multiple Tier-1 Aerospace and Defense Firms

Retrieved on: 
Monday, October 16, 2023

The Company expects to receive additional NRE (non-recurring engineering) orders for subsequent phases from some of these contractors.

Key Points: 
  • The Company expects to receive additional NRE (non-recurring engineering) orders for subsequent phases from some of these contractors.
  • Once final customer-accepted product designs have been achieved, they could ultimately lead to production program orders.
  • The customized HMD waveguide and HD display engine development program with this customer continues to move toward production.
  • "We are working closely with many of the world's leading aerospace and defense firms on projects that could ultimately provide significant deployment and thus revenue opportunities for Vuzix," said Paul Travers, President and CEO of Vuzix.

Gaming Market size to grow by USD 102.13 billion between 2022 -2027 | Get a complete overview of gaming with the bundle reports

Retrieved on: 
Wednesday, October 11, 2023

Gaming Console Market: The gaming console market size is estimated to grow at a CAGR of 6.63% between 2022 and 2027.

Key Points: 
  • Gaming Console Market: The gaming console market size is estimated to grow at a CAGR of 6.63% between 2022 and 2027.
  • Augmented Reality (AR) Gaming Market : The Augmented Reality (AR) Gaming Market size is estimated to grow at a CAGR of 30.11% between 2022 and 2027.
  • Cloud Gaming Market : The Global Cloud Gaming Market size is estimated to grow at a compound annual growth rate (CAGR) of 10.54% between 2022 and 2027.
  • Mobile Gaming Market : The mobile gaming market size is estimated to grow at a CAGR of 9.96% between 2022 and 2027.

Vuzix New State-of-the-Art Manufacturing Plant for Optical Waveguides Opens

Retrieved on: 
Tuesday, September 26, 2023

ROCHESTER, N.Y., Sept. 26, 2023 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, today announced that it has certified and commenced sampling waveguides for both in-house and OEM programs at its new state-of-the-art mega manufacturing facility, meeting the Company's timeline objectives. Initial waveguides are targeted for use in products based on the Company's Ultralite OEM PlatformSM.

Key Points: 
  • Initial waveguides are targeted for use in products based on the Company's Ultralite OEM PlatformSM.
  • This production facility is located adjacent to the Company's headquarters and currently encompasses 12,000 square feet of primarily class 1K and class 10K clean rooms.
  • Vuzix has the option to lease the building's remaining 27,000 square feet when increased product demand warrants it.
  • This unique waveguide manufacturing facility enables not only the anticipated multi-billion-dollar augmented reality smart glasses market but other large markets like heads-up displays for in-vehicle use cases and more.

Mobile Augmented Reality Market to grow by USD 83.48 billion from 2022 to 2027 | Market driven by increasing dependence on apps and the proliferation of AR apps for numerous activities- Technavio

Retrieved on: 
Friday, September 22, 2023

The potential growth difference for the mobile augmented reality market between 2022 and 2027 is USD 83.48 billion.

Key Points: 
  • The potential growth difference for the mobile augmented reality market between 2022 and 2027 is USD 83.48 billion.
  • Increasing dependence on apps and the proliferation of AR apps for numerous activities is the major factor driving the growth of the market.
  • Therefore, such factors are anticipated to fuel the growth of the global mobile AR market during the forecast period.
  • Global Augmented Reality Market size is estimated to grow by USD 157.21 billion between 2022 and 2027 accelerating at a CAGR of 28.71% during the forecast period.

SAFILO AND AMAZON ANNOUNCE NEW CARRERA SMART GLASSES WITH ALEXA

Retrieved on: 
Thursday, September 21, 2023

With the new Carrera Smart Glasses we're offering customers even more options for stylish smart eyewear.

Key Points: 
  • With the new Carrera Smart Glasses we're offering customers even more options for stylish smart eyewear.
  • With open-ear audio technology, the new Carrera Smart Glasses direct sound to the ears without covering them, while minimizing what others around can hear.
  • With the new Carrera Smart Glasses we're offering customers even more options for stylish smart eyewear," said Jean Wang, Director Smart Eyewear at Amazon.
  • The Carrera Smart Glasses with Alexa will be available for purchase on Amazon.com , us.carreraworld.com and from select opticians.

Zoom X Running on Vuzix Smart Glasses Highlights 5G Solutions at Deutsche Telekom's Digital X 2023 Exhibition

Retrieved on: 
Wednesday, September 20, 2023

ROCHESTER, N.Y., Sept. 20, 2023 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, announced that the Company will be broadly showcasing its Vuzix M400® and Vuzix Blade 2® smart glasses at Deutsche Telekom's ("DT") Digital X 2023 exhibition, taking place September 20-21 in Cologne, Germany.

Key Points: 
  • ROCHESTER, N.Y., Sept. 20, 2023 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, announced that the Company will be broadly showcasing its Vuzix M400® and Vuzix Blade 2® smart glasses at Deutsche Telekom's ("DT") Digital X 2023 exhibition, taking place September 20-21 in Cologne, Germany.
  • Digital X is DT's leading event driving digitization in the DACH region of Europe.
  • Vuzix is proud to return to Digital X as the exclusive Zoom X-compatible AR technology platform of choice.
  • Attendees will experience how smart glasses enable never-before-seen levels of business collaboration using the Zoom X platform, connecting workers with real-world solutions with the speed of 5G.

Vuzix Signs Distribution Agreement with PDC and Receives Initial Volume Smart Glasses Order

Retrieved on: 
Wednesday, September 6, 2023

Vuzix has received and shipped against an initial volume purchase order from PDC, who will distribute and support Vuzix smart glasses products to its customers across Africa.

Key Points: 
  • Vuzix has received and shipped against an initial volume purchase order from PDC, who will distribute and support Vuzix smart glasses products to its customers across Africa.
  • PDC provides market coverage across Africa, with a product breadth that meets a diverse set of customer requirements.
  • PDC distributes products specifically to key vertical markets including automotive, warehousing and supply-chain, transportation and logistics, networking, healthcare, food and beverage and retail.
  • "PDC is very excited about our partnership with Vuzix as we know the use of smart glasses has transformed the market for wearable smart technology," said Frikkie Koegelenberg, Executive at PDC.

Epazz Presents ZenaDrone 1000 to United States Government Security Agencies and Releases Road Map for Next 9 Months

Retrieved on: 
Thursday, August 31, 2023

ZenaDrone 1000 will be available to government security agencies for up to 90 days.

Key Points: 
  • ZenaDrone 1000 will be available to government security agencies for up to 90 days.
  • We will be signing up government security agencies to deploy ZenaDrone 1000 into their operations for initial testing and feedback.
  • The company road map over the next nine months is as follows:
    Continue to sign up military and government security agencies.
  • Deliver ZenaDrone 1000 to military projects and government security agencies for initial pilot programs.