全球-智能眼镜_不再是小众市场-Smart Glasses_ Niche No More_

Smart glasses are moving out of niche territory. An increasing application set, owing to generative AI, and a broader range of product and price-points are driving outsized demand. Our base case sees the market reaching annual volumes of 78m units by 2030E and an installed base of 227m. That represents an estimated 3.8% penetration of the global smartphone user base by 2030, and we see material upside based on comparable products such as smart watches (c.11% Apple Watch penetration of iPhones 6 years post l ...