Global shipments of smart glasses will increase by over 11,000 per cent in the next five years, according to recent findings from market analysts.
The report 'Smart Glasses Market Prospects 2013-18' by Juniper Research predicts that global shipments will reach 10 million by 2018, up from an estimated 87,000 that were shipped in 2013.
It is believed that the improved features, combined with the decreasing price in smart glasses – currently Google Glass costs $1,500 (£941) – will fuel the demand for this wearable technology.
Report author Nitin Bhas speculates that increased usability and improved features could see smart glasses become a part of daily life for many people.
"These devices would need to incorporate intuitive and user-friendly functionalities and capture the imagination of the general public making the technology seamless within their daily routine," Bhas said.
The market for smart glasses is expected to shift from the consumer sector to enterprise and healthcare sectors in the next few years. Such a switch is what Juniper Research predicts will drive this massive growth.
Last week, the research firm Gartner published a study that predicts smart glasses will become a common feature of work places in certain industries by 2017.
"Smart glasses with augmented reality (AR) and head-mounted cameras can increase the efficiency of technicians, engineers and other workers," Angela McIntyre, research director at Gartner, commented.
"In the next three to five years, the industry that is likely to experience the greatest benefit from smart glasses is field service, potentially increasing profits by $1 billion annually. The greatest savings in field service will come from diagnosing and fixing problems more quickly and without needing to bring additional experts to remote sites."