Market Overview:
The global smart audio sunglasses market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for wearable devices and growing trend of using audio sunglasses for listening music and making calls. Additionally, the rising awareness about the benefits of using smart audio sunglasses is also contributing to the growth of this market. On the basis of type, the global smart audio sunglasses market can be segmented into wired type and wireless type. The wireless type segment is expected to grow at a higher CAGR than that of wired type during the forecast period from 2018 to 2030. This can be attributed to various factors such as increasing demand for convenience and portability in devices, growing trend of using Bluetooth-enabled devices, and rising adoption rates of wireless headphones among consumers worldwide. On the basis on application,the global Smart Audio Sunglasses Market can be divided into iOS Devices and Android Devices segments.
Product Definition:
Smart audio sunglasses are headphones that also act as sunglasses. They have a built-in microphone and speakers so the user can listen to music or take calls while wearing them. They are important because they allow people to stay connected while performing activities that require both hands, such as cycling or skiing.
Wired Type:
Wired type is a technology that was initially developed for telecommunication. It is also used in computer networks to provide an interface between the devices and the network. The primary function of wired type headsets is to transfer audio signals from one point to another without any loss of signal quality or data integrity.
Wireless Type:
The wireless type is used in the smart audio sunglasses to transmit the sound from a mobile device such as smartphone or tablet to the headphones. The growing adoption of smartphones and tablets coupled with increasing demand for wireless devices among consumers is expected to drive market growth over the forecast period.
In addition, technological advancements in Bluetooth technology have led to an increase in its application scope across various end-use industries including consumer electronics, automotive, healthcare and others which has further driven its usage rate.
Application Insights:
The industry has been segmented into three applications, including IOS devices, Android devices and others. The IOS device segment accounted for the largest market share in 2017 and is expected to maintain its dominance over the forecast period. This can be attributed to the growing number of Apple users across the globe. Moreover, many developers are creating apps for this operating system which is further driving its adoption rate among end-users.
The Android device segment is also expected to grow rapidly owing to increasing demand for smart audio sunglasses from countries such as China and India where a large number of manufacturers have their offices based out of. Furthermore, many OEMs are now focusing on developing products specifically designed for Google's OS which will help them gain a competitive edge over their rivals in both developed as well as developing regions worldwide.
Other application segments include Microsoft Windows Phones.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance over the forecast period as well. This can be attributed to growing product demand, high disposable income of consumers and technological advancements in smart audio technology. Moreover, increasing number of retail stores selling smart devices such as smartphones and tablets is further expected to drive growth for this industry in North America during the forecast period from 2018 to 2030.
Asia Pacific is anticipated to witness significant growth over the next eight years owing with rapid urbanization taking place across various countries such as China, India Japan South Korea etc.
Growth Factors:
- Increasing demand for wearable devices: The global market for wearable devices is expected to grow at a CAGR of more than 20% during the forecast period. This is mainly due to the increasing demand for smart watches, fitness trackers, and other such devices.
- Growing popularity of audio sunglasses: Audio sunglasses are becoming increasingly popular due to their unique features and benefits. This is driving the growth of the Smart Audio Sunglasses market.
- Rising disposable income: With rising disposable incomes, consumers are increasingly spending on luxury items such as audio sunglasses. This is contributing to the growth of the Smart Audio Sunglasses market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Audio Sunglasses Market Research Report
By Type
Wired Type, Wireless Type
By Application
IOS Devices, Android Devices
By Companies
Bose, ShenZhen Imiqi Technology, ShenZhen HongYu, MUTRICS, Vue, Vuzix
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
138
Number of Tables & Figures
97
Customization Available
Yes, the report can be customized as per your need.
Global Smart Audio Sunglasses Market Report Segments:
The global Smart Audio Sunglasses market is segmented on the basis of:
Types
Wired Type, Wireless Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
IOS Devices, Android Devices
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bose
- ShenZhen Imiqi Technology
- ShenZhen HongYu
- MUTRICS
- Vue
- Vuzix
Highlights of The Smart Audio Sunglasses Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Wired Type
- Wireless Type
- By Application:
- IOS Devices
- Android Devices
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Smart Audio Sunglasses Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Smart Audio Sunglasses are a pair of sunglasses that have been modified to include audio capabilities. The glasses can be used to listen to music, podcasts, and other audio content directly from the internet or through compatible apps. They also come with built-in speakers that allow users to listen privately or in public without having to worry about disturbing others.
Some of the major companies in the smart audio sunglasses market are Bose, ShenZhen Imiqi Technology, ShenZhen HongYu, MUTRICS, Vue, Vuzix.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Smart Audio Sunglasses Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Smart Audio Sunglasses Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Smart Audio Sunglasses Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Smart Audio Sunglasses Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Smart Audio Sunglasses Market Size & Forecast, 2020-2028
4.5.1 Smart Audio Sunglasses Market Size and Y-o-Y Growth
4.5.2 Smart Audio Sunglasses Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Wired Type
5.2.2 Wireless Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 IOS Devices
6.2.2 Android Devices
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Smart Audio Sunglasses Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Smart Audio Sunglasses Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Wired Type
9.6.2 Wireless Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 IOS Devices
9.10.2 Android Devices
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Wired Type
10.6.2 Wireless Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 IOS Devices
10.10.2 Android Devices
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Wired Type
11.6.2 Wireless Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 IOS Devices
11.10.2 Android Devices
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Wired Type
12.6.2 Wireless Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 IOS Devices
12.10.2 Android Devices
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Wired Type
13.6.2 Wireless Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 IOS Devices
13.10.2 Android Devices
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Smart Audio Sunglasses Market: Competitive Dashboard
14.2 Global Smart Audio Sunglasses Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bose
14.3.2 ShenZhen Imiqi Technology
14.3.3 ShenZhen HongYu
14.3.4 MUTRICS
14.3.5 Vue
14.3.6 Vuzix
