Latest news with #FloraTang
Economic Times
2 days ago
- Business
- Economic Times
Smart glasses market surges 110% in H1 2025, with new Meta, Xiaomi launches
ETtech Global smart glasses shipments grew 110% year-over-year (YoY) in the first half of 2025, driven by strong demand for Ray-Ban Meta smart glasses. According to Counterpoint's global smart glasses model shipments tracker, new players such as Xiaomi, TCL-RayNeo and several smaller brands have entered the space, preparing the ground for rapid growth of the market throughout 2026 and beyond. Surge in AI smart glasses AI smart glasses accounted for 78% of total shipments in the first half of 2025, up from 46% in the same period last year and 66% in the second half of report added that the AI glasses segment grew by over 250% YoY, significantly outpacing the overall market. The AI smart glasses market is set to expand in late 2025 with new launches from Meta, Alibaba, and potentially Apple. Oakley Meta glasses, targeting athletes and sports enthusiasts, have received positive feedback with improved battery life and enhanced video-shooting quality. Shipments of Ray-Ban Meta AI Glasses grew over 200% YoY during the period, reflecting strong market demand and increased manufacturing capacity at Luxottica, Meta's key production partner. The smart wearable drove Meta's share of the global smart glasses market to 73%. Analysts expect the Mark Zuckerberg-led company to broaden its lineup at Meta Connect to further drive growth. The company is expected to showcase more smart glasses, along with metaverse offerings, during the event in September. Safe harbour from tariffsDespite broader disruptions in the electronics industry caused by global tariffs, the smart glasses segment remains research analyst Flora Tang said, 'The global tariff crisis for electronic devices during the first half of the year has had a limited impact on the smart glasses market so far, as the situation still appears manageable for key OEMs (original equipment manufacturers) and their manufacturing partners.' Influx of new entrants Beyond Meta, several Chinese brands gained traction in the AI smart glasses market during the first half of 2025, with Xiaomi emerging as a major player. The company is expected to enhance the product's performance through software updates in the coming months, the report list of new entrants includes: Xiaomi AI Glasses, first such wearable from the company TCL-RayNeo with its RayNeo V3 series Thunderobot with the AURA smart glasses Kopin Solos AirGo V series Commenting on the market dynamics, Tang said, 'Xiaomi's AI glasses emerged as a dark horse in the global smart glasses market—becoming the fourth best-selling model overall and the third best-selling product in the AI glasses segment—despite being on sale for only about a week in H1 2025.'The research further showed an upward market forecast for smart glasses for the remaining year and ahead, expected to grow at a CAGR of over 60% between 2024 and 2029. Also Read: Ray-Ban Meta smart glasses to roll out in India soon Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. Tariffs, tantrums, and tech: How Trump's trade drama is keeping Indian IT on tenterhooks How IDBI banker landed plush Delhi properties in Amtek's INR33k crore skimming Good, bad, ugly: How will higher ethanol in petrol play out for you? As big fat Indian wedding slims to budget, Manyavar loses lustre Regulatory gray area makes investing in LVMH, BP tough For Indian retail Logistics sector: Be tactical in the face of head & tailwinds; 6 logistics stocks with an upside potential of over 30% Just hold a good business for the long term, irrespective of the noise; ignore the cap. 13 stocks with an upside potential of up to 51% Stock picks of the week: 5 stocks with consistent score improvement and return potential of more than 25% in 1 year
Time of India
2 days ago
- Business
- Time of India
Smart glasses market surges 110% in H1 2025, with new Meta, Xiaomi launches
Academy Empower your mind, elevate your skills Xiaomi AI Glasses, first such wearable from the company TCL-RayNeo with its RayNeo V3 series Thunderobot with the AURA smart glasses Kopin Solos AirGo V series Global smart glasses shipments grew 110% year-over-year (YoY) in the first half of 2025, driven by strong demand for Ray-Ban Meta smart glasses According to Counterpoint's global smart glasses model shipments tracker, new players such as Xiaomi, TCL-RayNeo and several smaller brands have entered the space, preparing the ground for rapid growth of the market throughout 2026 and smart glasses accounted for 78% of total shipments in the first half of 2025, up from 46% in the same period last year and 66% in the second half of report added that the AI glasses segment grew by over 250% YoY, significantly outpacing the overall AI smart glasses market is set to expand in late 2025 with new launches from Meta , Alibaba, and potentially Apple. Oakley Meta glasses, targeting athletes and sports enthusiasts, have received positive feedback with improved battery life and enhanced video-shooting of Ray-Ban Meta AI Glasses grew over 200% YoY during the period, reflecting strong market demand and increased manufacturing capacity at Luxottica, Meta's key production partner. The smart wearable drove Meta's share of the global smart glasses market to 73%.Analysts expect the Mark Zuckerberg-led company to broaden its lineup at Meta Connect to further drive growth. The company is expected to showcase more smart glasses, along with metaverse offerings, during the event in broader disruptions in the electronics industry caused by global tariffs, the smart glasses segment remains research analyst Flora Tang said, 'The global tariff crisis for electronic devices during the first half of the year has had a limited impact on the smart glasses market so far, as the situation still appears manageable for key OEMs (original equipment manufacturers) and their manufacturing partners.'Beyond Meta, several Chinese brands gained traction in the AI smart glasses market during the first half of 2025, with Xiaomi emerging as a major player. The company is expected to enhance the product's performance through software updates in the coming months, the report list of new entrants includes:Commenting on the market dynamics, Tang said, 'Xiaomi's AI glasses emerged as a dark horse in the global smart glasses market—becoming the fourth best-selling model overall and the third best-selling product in the AI glasses segment—despite being on sale for only about a week in H1 2025.'The research further showed an upward market forecast for smart glasses for the remaining year and ahead, expected to grow at a CAGR of over 60% between 2024 and 2029.
Indian Express
12-08-2025
- Business
- Indian Express
Ray-Ban Meta AI glasses fuels 110% growth of global smart glasses market
Meta continues to increase its share of the global smart glasses market with its AI-powered Ray-Ban glasses, growing shipments by 73 per cent in the first half of 2025, according to figures from Counterpoint Research. The tech giant's dominance in the smart glasses market has been driven by strong demand and the expanded manufacturing capacity of Luxottica, the parent company of Ray-Ban and Meta's key trading partner, as per the report by the market research firm. It further said that the global smart glasses market grew by 110 per cent year-over-year (YoY) in H1 2025. 'We expect the rapid growth of the global smart glasses market to continue throughout 2026 and beyond. More new AI glasses models are expected to enter the market in H2 2025, including upcoming releases from Meta, Alibaba and several smaller players,' Counterpoint Research said on Tuesday, August 12. AI smart glasses accounted for 78 per cent of total shipments in H1 2025, up from 46 per cent in H1 2024 and 66 per cent in H2 2024. This was largely due to the dominance of Ray-Ban Meta AI Glasses, the report read. The global smart glasses market is made up of two segments. While the AI smart glasses segment grew by over 250 per cent YoY in H1 2025, the report stated that shipments of audio smart glasses have declined. The Counterpoint Research analysis comes days after US President Donald Trump's proposed tariffs on key allies, including India, went into effect on August 1. However, analysts expect limited impact of US-imposed tariffs on growth of smart glasses. 'The global tariff crisis for electronic devices during the first half of the year has had a limited impact on the smart glasses market so far, as the situation still appears manageable for key OEMs and their manufacturing partners,' Flora Tang, Senior Research Analyst at Counterpoint Research, was quoted as saying. Luxottica, Meta's production partner in the Ray-Ban AI glasses, is said to have played a critical role in the success of the wearable by 'not only by scaling up production but also by supporting product longevity through the expansion of style variants and driving retail sales.' 'According to our channel tracker, Luxottica's own retail networks, including online and offline Ray-Ban stores, Sunglass Hut and LensCrafters, account for a significant portion of the product's sales,' the report read. The strong demand for the Ray-Ban Meta AI glasses is reflected in their presence in major markets such as North America, Western Europe, and Australia which lead global smart glasses shipments. Its shipment shares were further boosted by the expansion of the wearable into India, Mexico, and the United Arab Emirates (UAE) in Q2 2025. In June this year, the wearable became available for pre-order in India in a range of styles, including the new Skyler frame, with prices starting at Rs 29,900 and going up to Rs 35,700 for select models. The smart glasses can also be paired to your smartphone using the newly introduced Meta AI app. Beyond Meta, the other major OEMs in the global AI smart glasses market are Chinese players such as the recently unveiled Xiaomi AI Glasses, TCL-RayNeo's RayNeo V3 series, Thunderobot's AURA smart glasses, and the Kopin Solos AirGo V series. Terming Xiaomi's AI glasses as a 'dark horse', the report said that the wearable became the fourth best-selling model overall and the third best-selling product in the AI glasses segment despite being on the market for about a week in H1 2025. 'The Xiaomi device's sales were driven by strong support from tech enthusiasts and Mi fans in China. We expect Xiaomi to continue enhancing the product's performance through OTA and software updates in the coming months,' Tang said. The AI smart glasses component manufacturing sector is also seeing the entry of various Chinese chipset makers such as Allwinner Technology, which is offering low-cost SoC solutions aimed at powering more affordable smart glasses. Qualcomm also recently launched an upgraded version of its AR 1+ Gen 1 chipset which is said to be 26 per cent smaller and consumes 7 per cent less power, enabling smart glasses with slimmer product designs and longer battery life. Shipments of smart audio glasses from major players such as Amazon and Huawei has suffered 'due to rising competition from AI glasses' that offer more advanced features 'such as photo and video capture, image and object recognition, encyclopedia-based Q&A, live translation and more.' Counterpoint Research said that it has revised its smart glasses market forecast for both 2025 and 2026 based on the market's momentum and continued influx of new entrants. 'We continue to expect the market to grow at a CAGR of over 60% between 2024 and 2029,' it said. 'More AI smart glasses are expected to enter the market from H2 2025 onward, including launches from internet giants such as Meta and Alibaba. Meta recently introduced the Oakley Meta glasses, featuring improved battery life and enhanced video-shooting quality over the Ray-Ban Meta AI Glasses, and primarily targeting athletes and sports enthusiasts,' the report read. 'Our industry checks indicate positive market feedback for this model. We expect Meta will take a more aggressive approach and unveil a broader product lineup at the Meta Connect event to further drive growth. Meanwhile, we believe Apple is also actively exploring this space and developing its first AI glasses,' it added.
