"Analysts including Anne-Laure Bismuth increased their estimate of the industry's size by a third to $200 billion by 2040, reflecting the early success of glasses made by EssilorLuxottica in collaboration with Facebook parent Meta Platforms Inc. They foresee a more than 1,800% jump in smart glasses users to 289 million by the end of the next decade, up from 15 million in 2025."
"HSBC upgraded the stock to buy after having a hold recommendation for almost two years. The shares rose as much as 2.9%. With sales of Ray-Ban Meta frames taking hold, the companies are discussing potentially doubling production capacity for AI-powered smart glasses by the end of this year, in a bid to capture growing demand and head off rivals, Bloomberg News reported this week."
HSBC analysts increased the smart glasses market estimate to $200 billion by 2040, citing early success of EssilorLuxottica’s collaboration with Meta. The analysts project users to rise from 15 million in 2025 to 289 million by the end of the next decade, an over 1,800% increase. HSBC upgraded EssilorLuxottica to buy and kept a buy rating on Meta. Companies are considering doubling production capacity for AI-powered Ray-Ban Meta frames this year to meet demand and deter rivals. Apple, Samsung, or Amazon are expected to enter the smart glasses market in 2026–27, accelerating R&D and sector growth.
Read at www.mercurynews.com
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