Latest news with #RayNeoV3
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.
Business Wire
5 days ago
- Business
- Business Wire
RayNeo and Ant Group Forge Strategic Partnership to Advance AR Glasses Innovations in Payments and Beyond
SHENZHEN, China & HANGZHOU, China--(BUSINESS WIRE)--RayNeo and Ant Group today announced a strategic partnership to develop innovative digital payment solutions globally. Beginning with in-store payment scenarios, the augmented reality (AR) pioneer will collaborate with Ant Group to explore AR glasses solutions for a diverse range of applications, including everyday services and cross-border payments. Building on AR glasses payment technology that enables in-store transactions by scanning Alipay QR codes, RayNeo's latest X3 Pro AR glasses are the first to support payments through the Alipay Tap! merchant terminal in China. This capability will also be introduced to RayNeo's other product lines, including the RayNeo V3 and V3 Slim. Launched by Ant Group in China in 2024, Alipay Tap! enables users to make payments simply by tapping their unlocked phone against a merchant terminal or an Alipay Tap! Tag—no need to open an app, scan a code, or navigate multiple screens. By April 2025, Alipay Tap! had already attracted over 100 million users. With AR glasses, payments via Alipay Tap! are further simplified, offering a hands-free experience. How Payment via RayNeo AR Glasses Works: Users link their RayNeo X3 Pro AR glasses to their Alipay accounts and enable voice verification. In-store, users say, 'RayNeo, pay 10 RMB.' The glasses scan the Alipay QR code or the Alipay Tap! merchant terminal. Users confirm the payment by voice, and it's completed. Powered by the RayNeoOS 2.0 system, the X3 Pro is RayNeo's latest AI-enabled AR device, launched in May 2025. It supports features such as AI translation, immersive navigation, and AI-powered recording, offering users a smarter, more convenient experience. The newly added payment capabilities are protected by Alipay's multidimensional risk-control solution for AR glasses, ensuring that payments are processed only when verified by the authorized user. The RayNeo X3 Pro will soon bring AR glasses payments to users and merchants worldwide through Alipay+, the unified wallet gateway service under Ant International. Looking ahead, RayNeo and Ant Group will continue to explore AR glasses applications in everyday services such as unlocking the delivery locker and paying utility bills, with the aim of making AR glasses an integral part of daily life and a true personal assistant on the go. About RayNeo RayNeo is a leading brand in the AR space, dedicated to redefining augmented reality through groundbreaking technology and wearable innovation. Initially incubated within TCL, RayNeo develops AR glasses that seamlessly integrate into everyday life, delivering immersive and intuitive experiences. By combining cutting-edge design with advanced technologies, RayNeo empowers users to explore and interact with the digital world like never before. Committed to shaping the future of AR, RayNeo drives innovation through collaboration and a user-first approach. For more information about RayNeo and its innovative AR technology, visit About Ant Group Ant Group is a global digital technology provider and the operator of Alipay, a leading internet services platform in China, connecting over one billion users to more than 10,000 types of consumer services from partners. Through innovative products and solutions powered by AI, blockchain and other technologies, Ant Group supports partners across industries to thrive through digital transformation in an ecosystem for inclusive and sustainable development. For more information, visit
