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Global Smart Eyewear Market Size Expected to Reach $10.6 Billion By 2024

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Wednesday, December 13, 2023

PALM BEACH, Fla., Dec. 13, 2023 /PRNewswire/ -- Smart glasses are considered as wearable computer glasses that add information to what the wearer sees such as navigation, health and fitness, designing, virtual reality (VR) and augmented reality (AR), and much more. Smart glasses are not yet a mainstream consumer good but are mainly used in entertainment industry, military and businesses. Soon the global smart glass market will emerge as important and trendy as the regular eyewear. Goldstein Research analyst forecasts the smart glasses market size is set to reach USD 10.6 billion by 2024, registering a CAGR of 21.5% over the forecast period. Another report from Grand View Research added that the global smart glasses market size was valued at USD 1,232 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 27.1% from 2023 to 2030. The demand for smart glasses is increasing due to their ability to perform complex computer powered tasks. Moreover, the rising trend of wearable technology coupled with increasing technological advancements is expected to fuel the growth of smart glasses market further… the market for smart glasses is projected to benefit from new developments in 5G technologies and a rising shift toward digitization in the forecast period. The report said: "The ability of platforms to work with conservational platforms such as Google Assistant and Alexa are allowing users hands free operability. Apple Inc. is working towards its own smart glasses which will be compatible with iOS operating system and will incorporate siri to offer hands free operability experience to its users… The increased technological innovations is expected to fuel the market growth over the forecast period." Active Tech Companies active today in markets include: Innovative Eyewear, Inc. (NASDAQ: LUCY), GoPro, Inc. (NASDAQ: GPRO), Vuzix Corporation (NASDAQ: VUZI), NVIDIA Corporation (NASDAQ: NVDA), Snap Inc. (NYSE: SNAP).

Key Points:

Soon the global smart glass market will emerge as important and trendy as the regular eyewear.
Goldstein Research analyst forecasts the smart glasses market size is set to reach USD 10.6 billion by 2024, registering a CAGR of 21.5% over the forecast period.
The audio smart glasses segment registered for the largest revenue share of around 29% of the market in 2022.
Innovative Eyewear, Inc. (NASDAQ: LUCY): Innovative Eyewear, Inc. Launches Nautica Smart Eyewear Under Multi-Year, Global Licensing Agreement with Authentic Brands Group - Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (NASDAQ: LUCY; LUCYW), the developer of smart eyewear, is pleased to announce through an agreement with Authentic Brands Group (Authentic), the launch of the Nautica Smart Eyewear collection.

Global Smart Eyewear Market Size Expected to Reach $10.6 Billion By 2024

Retrieved on:

Wednesday, December 13, 2023

PALM BEACH, Fla., Dec. 13, 2023 /PRNewswire/ -- Smart glasses are considered as wearable computer glasses that add information to what the wearer sees such as navigation, health and fitness, designing, virtual reality (VR) and augmented reality (AR), and much more. Smart glasses are not yet a mainstream consumer good but are mainly used in entertainment industry, military and businesses. Soon the global smart glass market will emerge as important and trendy as the regular eyewear. Goldstein Research analyst forecasts the smart glasses market size is set to reach USD 10.6 billion by 2024, registering a CAGR of 21.5% over the forecast period. Another report from Grand View Research added that the global smart glasses market size was valued at USD 1,232 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 27.1% from 2023 to 2030. The demand for smart glasses is increasing due to their ability to perform complex computer powered tasks. Moreover, the rising trend of wearable technology coupled with increasing technological advancements is expected to fuel the growth of smart glasses market further… the market for smart glasses is projected to benefit from new developments in 5G technologies and a rising shift toward digitization in the forecast period. The report said: "The ability of platforms to work with conservational platforms such as Google Assistant and Alexa are allowing users hands free operability. Apple Inc. is working towards its own smart glasses which will be compatible with iOS operating system and will incorporate siri to offer hands free operability experience to its users… The increased technological innovations is expected to fuel the market growth over the forecast period." Active Tech Companies active today in markets include: Innovative Eyewear, Inc. (NASDAQ: LUCY), GoPro, Inc. (NASDAQ: GPRO), Vuzix Corporation (NASDAQ: VUZI), NVIDIA Corporation (NASDAQ: NVDA), Snap Inc. (NYSE: SNAP).

Key Points:

Soon the global smart glass market will emerge as important and trendy as the regular eyewear.
Goldstein Research analyst forecasts the smart glasses market size is set to reach USD 10.6 billion by 2024, registering a CAGR of 21.5% over the forecast period.
The audio smart glasses segment registered for the largest revenue share of around 29% of the market in 2022.
Innovative Eyewear, Inc. (NASDAQ: LUCY): Innovative Eyewear, Inc. Launches Nautica Smart Eyewear Under Multi-Year, Global Licensing Agreement with Authentic Brands Group - Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (NASDAQ: LUCY; LUCYW), the developer of smart eyewear, is pleased to announce through an agreement with Authentic Brands Group (Authentic), the launch of the Nautica Smart Eyewear collection.

Kay Properties Helps Investor Defer Capital Gains Taxes with a Qualified Opportunity Zone Fund Following the Sale of a Rare Computer

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Wednesday, December 13, 2023

Sale, Senior, Tax, Apple Inc., Sun Hung Kai Properties, DST, Apple, CPA, Congress, Cryptocurrency, Commercial property, Investment, Qualification

TORRANCE, Calif., Dec. 13, 2023 /PRNewswire/ -- Kay Properties & Investments, a real estate investment firm that operates www.kpi1031.com , an online marketplace of 1031 exchange eligible investment properties and other tax advantaged real estate strategies, announced it has successfully helped an existing client complete two Qualified Opportunity Zone Fund (QOZF) investments following the sale of a vintage Apple One computer that was signed by Apple Computer co-founder Steve Wozniak.

Key Points:

Working closely with both the client and their CPA, Kay Properties successfully educated and helped the client complete the tax advantaged Qualified Opportunity Zone Fund investment strategy.
According to Dwight Kay, Founder and CEO of Kay Properties, this transaction was unique because while the client had completed several real estate investments with Kay Properties over the years, both he and his CPA were unfamiliar with Qualified Opportunity Zones as a unique investment strategy that could potentially provide long-term investment appreciation while also deferring the capital gains taxes incurred following the sale of this rare Apple computer.
"The Qualified Opportunity Zone Funds (QOZF) have become an integral part of the investment landscape in recent years for those investors seeking deferral of capital gains taxes on the sale of appreciated assets.
Kay Properties has helped numerous accredited investors understand and participate in Qualified Opportunity Zone Fund investments.

Global Semiconductor Industry Outlook worth $616.5 billion by 2024 - Exclusive Report by MarketsandMarkets™

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Wednesday, December 13, 2023

The global semiconductor market will experience a robust upswing in 2024, with significant growth expected across the discrete, sensors, analog, logic, micro, and memory segments.

Key Points:

The global semiconductor market will experience a robust upswing in 2024, with significant growth expected across the discrete, sensors, analog, logic, micro, and memory segments.
This overall positive outlook underscores the dynamic and evolving landscape of the semiconductor industry.
Our comprehensive outlook explores the trends, innovations, and pivotal shifts defining the semiconductor industry in the coming year.
The MarketsandMarkets - Global Semiconductor Industry Outlook 2024 report can help prepare semiconductor professionals and business leaders for the year ahead.

Global Semiconductor Industry Outlook worth $616.5 billion by 2024 - Exclusive Report by MarketsandMarkets™

Retrieved on:

Wednesday, December 13, 2023

The global semiconductor market will experience a robust upswing in 2024, with significant growth expected across the discrete, sensors, analog, logic, micro, and memory segments.

Key Points:

The global semiconductor market will experience a robust upswing in 2024, with significant growth expected across the discrete, sensors, analog, logic, micro, and memory segments.
This overall positive outlook underscores the dynamic and evolving landscape of the semiconductor industry.
Our comprehensive outlook explores the trends, innovations, and pivotal shifts defining the semiconductor industry in the coming year.
The MarketsandMarkets - Global Semiconductor Industry Outlook 2024 report can help prepare semiconductor professionals and business leaders for the year ahead.

Retail Market in Indonesia to grow by USD 49.56 billion from 2023 to 2028; market is fragmented due to the presence of prominent companies like Adidas AG, and Apple Inc. and Authentic Brands Group LLC, and many more - Technavio

Retrieved on:

Tuesday, December 12, 2023

Giant, Nike (company), CT Corp, Electronics, Supermarket, Hero (supermarket), USD, SGMW, Apple Inc., TBK, Adidas, SGMW Motor Indonesia, Marks & Spencer, Inter, Habit, Music, Guardian, Indomaret

The retail market in Indonesia is fragmented owing to the presence of many global and regional companies.

Key Points:

The retail market in Indonesia is fragmented owing to the presence of many global and regional companies.
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CT Corp. - The company operates retail stores under its brand PT Trans Retail Indonesia.
PT Hero Supermarket Tbk - The company operates retail stores under its brands, such as Hero Supermarket, Guardian, and Giant Extra.
Factors such as the availability of products from unorganized market players pose a serious threat to the organized Indonesian - retail market.

Digital map market size to increase by USD 13.69 billion | APAC to account for 41% of market growth - Technavio

Retrieved on:

Monday, December 11, 2023

By region, the global digital map market is segmented into APAC, North America, Europe, South America, and Middle East and Africa.

Key Points:

By region, the global digital map market is segmented into APAC, North America, Europe, South America, and Middle East and Africa.
Factors such as the increased penetration of smartphones and significant improvements in digital connectivity scenario are driving the growth of the digital map market in APAC.
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The digital map market report includes information on the key products and recent developments of leading vendors, including:
Alphabet Inc. - The company offers digital map solutions such as The Digital Map of Apulum.
Precise estimation of the size of the digital map market and its contribution to the parent market.

Education PC And Tablet Market size in the US to grow by USD 6.43 billion from 2023 to 2028; The market is fragmented due to the presence of prominent companies like Acer Inc., Apple Inc. and Alphabet Inc., and many more - Technavio

Retrieved on:

Wednesday, December 6, 2023

The education PC and tablet market in US is fragmented owing to the presence of many global and regional companies.

Key Points:

The education PC and tablet market in US is fragmented owing to the presence of many global and regional companies.
The report provides a full list of key companies, their strategies, and the latest developments.
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Acer Inc. - The company offers educational PCs and tablets such as Acer One tablet, Acer Swift laptop, and Acer Aspire 3 spin laptops.
The edtech market size is estimated to grow at a CAGR of 13.61% between 2022 and 2027 and the size of the market is forecast to increase by USD 108.98 billion.

Smart Speaker Market size to grow by USD 16.65 billion from 2022 to 2027, North America is estimated to account for 34% of the market's overall growth - Technavio

Retrieved on:

Tuesday, December 5, 2023

North America is estimated to account for 34% of the market's overall growth.

Key Points:

North America is estimated to account for 34% of the market's overall growth.
The growing demand for smart speakers in different households is one of the main factors driving the growth of the regional market.
For more insights on the market share of various regions - Download the sample report
The growth of the smart speaker market is notably driven by a rapid rise in smart speaker unit sales.
Some of the key Smart Speaker Market Players:
The smart speaker market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Revolutionizing Interaction: Surface Computing's $257.0 Billion Journey by 2028 - Insights from BCC Research

Retrieved on:

Monday, December 4, 2023

Lenovo, Microsoft, Key market, Research, Fujitsu, Electronics, Intel, Privacy, Algorithm, Artificial intelligence, Hewlett Packard Enterprise, Machine learning, Sony, Apple Inc., Growth, Health, Dell, Education, Retail

The Rising Demand for Surface Computing Global Markets:

Key Points:

The Rising Demand for Surface Computing Global Markets:
The escalating demand for surface computing solutions is reshaping the global markets.
"Trends and Innovations in the Global Surface Computing Market" explores the evolving landscape of surface computing technology.
Stay updated with this report to gain insights into the cutting-edge trends and innovations shaping the global surface computing market.
During the forecast period, the global surface computing market is anticipated to expand significantly, increasing from $45.5 billion in 2022 to $257.0 billion in 2028.