Providing Market Intelligence for 40 Years

In The News

AI Glasses Shift Into Momentum Mode, Shipments Grow 322% in 2025

Jennifer Kent, senior vice president and principal analyst at Parks Associates, a Dallas-based market research and consulting company specializing in consumer technology products, noted that her company’s research indicates consumers want very practical benefits from AI tools, such as translation and technical support.

“AI glasses’ ability to provide real-time translation is a benefit for travelers, non-native speakers, and those living in markets where multiple languages are spoken,” she told TechNewsWorld.

Kent added that Parks found consumers were most willing to share data in emergencies or to help them feel safe and secure. “Smart glasses could have a market for lone workers or workers in vulnerable situations to combine video capture and emergency support,” she reasoned.

However, she noted that consumer privacy and security concerns about AI are sky high. “Seventy-two percent of consumers in US internet households are concerned about the data/privacy implications of AI, and 71% are concerned about society’s ability to control AI and use it responsibly,” she said.

From the article, "AI Glasses Shift Into Momentum Mode, Shipments Grow 322% in 2025" by John P. Mello Jr.

Previously In The News

Where Is 8K Going After CES?

The wider Smart Home business is also finding an audience. The category is expected to grow 41 per cent YoY in the US, to 40.8 million units in 2018, earning $4.5 billion. According to smart energy re...

Global Mobile Data Revenue Expected To Reach $630 Billion By 2020

An industry report by Parks Associates has estimated global mobile data revenue will rise from $368 billion in 2015 to $630 billion by 2020. The internationally-recognised consulting firm claims th...

This Market Could Grow 33% A Year For The Next Decade

But it's the move into healthcare that's the most exciting. You see, right now, digital healthcare and wearapeutics is a "small" market, worth about $5.7 billion in 2015, according to IoT marketing...

Hulu Is Slowing, Hits 12 Million Subscribers Versus Netflix’s 81 Million

But growing membership is harder to keep up at the same clip for all streaming services, as more and more companies launch their own online platforms. As consumers shift more of their entertainment di...