India AR Glasses Market Demand and Opportunity 2021-2025

1. India AR Glasses Market Demand and Opportunity 2021-2025 The augmented reality (AR) glasses market in India is poised for remarkable growth, with a projected worth of US$883.4 Mn by 2025, according to a recent report by leading market research firm. The market is expected to register a remarkable Compound Annual Growth Rate (CAGR) of 17.8% during the forecast period of 2021-2025. The report highlights the increasing demand for AR glasses among enterprises, driven by the need for operational efficiency and ease of operation. Access Full Report: https://www.fairfieldmarketresearch.com/report/ar-glasses-market The outbreak of the COVID-19 pandemic has further accelerated the growth of the AR glasses market in India. Enterprises across various sectors, including manufacturing, healthcare, government, logistics, and others, have adopted AR glasses for hands-free and remote operations during the pandemic. AR glasses have played a crucial role in facilitating collaboration with remote experts, identifying individuals with high body temperature in public spaces, and enhancing operational efficiency amidst the challenging circumstances caused by the pandemic.

2. Key findings from the report include: 1.By the end of 2025, the AR glasses market in India is expected to exceed US$883 Mn, reflecting a significant growth rate. 2.The market revenue is projected to grow at a CAGR of approximately 17.8% through 2025. 3.Large enterprises are augmenting their investments in AR glasses, opening significant opportunities for market growth. 4.Snap Inc. has invested US$500 Mn to acquire WaveOptics, a leading supplier of AR displays, showcasing the growing interest in the AR glasses market. 5.Google Inc. dominates the enterprise AR glasses market, while Seiko Epson leads in the consumer AR glasses segment. 6.The COVID-19 pandemic has had a negative impact on the demand for consumer AR glasses due to decreased consumer spending during the global recession. However, it has been favorable for the enterprise AR glasses market. 7.The manufacturing industry is currently the leading revenue contributor to the AR glasses market in India, while the healthcare industry is emerging as a lucrative sector for AR glasses vendors. 8.North America currently leads the global AR glasses market, with Asia Pacific, and specifically China, exhibiting the fastest growth rate. 9.Competition in the market is expected to intensify, with upcoming launches of AR glasses by Apple and Facebook, and Google's reentry into the space through its acquisition of North. The AR glasses market in India presents immense growth opportunities for both enterprises and consumers. With the rising adoption of wearable devices and increasing consumer spending on wearable technology, India is poised to become a significant market for consumer AR glasses. For more information and insights, refer to the full report on the AR glasses market in India. Web: https://www.fairfieldmarketresearch.com/ Email: sales@fairfieldmarketresearch.com