Blockchain Press Releases
Smart Glasses Market size worth USD 10 Billion, Globally, by 2030 at 8.50% CAGR: Verified Market Research®
The “Global Smart Glasses Market Size By Technology (Electro chromic, Photo chromic, Liquid Crystal), By Application (Architecture, Consumer Electronics), By Geographic Scope And Forecast” report has been published by Verified Market Research®. The report provides an in-depth analysis of the global Smart Glasses Market, including its growth prospects, market trends, and market challenges.
JERSEY CITY, N.J., Aug. 9, 2023 /PRNewswire/ — The Global Smart Glasses Market is projected to grow at a CAGR of 8.50% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 4.8 Billion in 2022 and is expected to reach USD 10 Billion by the end of the forecast period.
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Browse in-depth TOC on “Smart Glasses Market“
202 – Pages
126 – Tables
37 – Figures
The Global Market for Smart Glass is Poised for Robust Growth: Market Drivers and Key Players
The global market for smart glass is poised for significant growth, driven by a convergence of factors including technological advancements, regulatory mandates, and evolving architectural trends. Smart glass, a versatile variant of architectural glass that adjusts light transmission properties dynamically, is acquiring popularity in both the residential and commercial markets. Recent trends and exhaustive market analyses indicate that the Smart Glasses Market will experience a substantial expansion.
Market Drivers:
The surge in demand for Smart Glasses Market is primarily attributable to its diverse applications and cutting-edge technological foundations. Smart glass, which is capable of modulating its light transmission properties in response to variables such as temperature, voltage, and ambient light, is widely used in the partitions, windows, and skylights of contemporary buildings. This adaptability can be managed either manually or automatically, giving consumers unmatched control.
Prominent industry names such as Research Frontiers, Inc., View, Inc., SAGE Electrochromics, Inc., Hitachi Chemicals Co. Ltd., Asahi Glass Company Ltd., Smart Glass International Ltd., Polytronix, Inc., Schott Corporation, Raven Brick LLC, and Pleotint, LLC are driving the Smart Glasses Market forward as key players. Through their financial statements, product benchmarking and SWOT analysis, key development strategies, market share, and market order analysis, these industry leaders have consistently set benchmarks.
The proliferation of smart glass technologies, including electrochromic, photochromic, thermochromic, suspended-particle, micro-blind, and polymer-dispersed liquid-crystal devices, highlights the Smart Glasses Market potential to revolutionize architectural design and energy efficiency. The incorporation of smart glass into building envelopes contributes to climate-adaptive structures, potentially eliminating the need for conventional window coverings and improving energy efficiency.
Numerous growth drivers strengthen the Smart Glasses Market optimistic outlook. In components such as rearview and panoramic mirrors, sunroofs, windshields, backlights, and sidelights, there is an increase in demand for smart glass applications in the expanding automotive industry. Transportation expansion and rising foreign direct investment drive this expansion.
In addition, architectural innovations integrating large windows and energy-efficient designs, as well as the cost-effectiveness of electrochromic materials, are anticipated to fuel Smart Glasses Market growth. It is anticipated that the inherent insulation properties of smart glass for heat and sound, its energy efficiency, and its aesthetic 3D design features will sustain the growth trajectory of the industry.
The availability of alternatives such as chemical glazes and decorative coatings may impede the market expansion of smart glass. In spite of this, global urbanization and increased government investments in the construction industry are fueling the demand for adaptable and well-lit environments, thereby accelerating the adoption of smart glass.
As the global market for smart glass continues to expand, key players such as Research Frontiers, Inc., View, Inc., and others are poised to utilize their industry expertise to influence this dynamic landscape. Financial performance, technological innovation, and strategic growth initiatives will influence the trajectory of the market. Through product benchmarking, SWOT analysis, and continuous market monitoring, it is anticipated that these competitors will maintain their market position and contribute to the ongoing development of smart glass technology.
To get market data, market insights, financial statements and a comprehensive analysis of the Global Smart Glasses Market, please Contact Verified Market Research®.
Based on the research, Verified Market Research® has segmented the global Smart Glasses Market into Technology, Application, And Geography.
- Smart Glasses Market, by Technology
- Suspended Particle Display
- Electro Chromic
- Photo Chromic
- Liquid Crystal
- Micro-Blinds
- Thermo chromic
- Smart Glasses Market, by Application
- Architecture
- Consumer Electronics
- Transportation
- Smart Glasses Market, by Geography
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- U.K
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- ROW
- Middle East & Africa
- Latin America
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Top Smart Glass Manufacturers working synergistically towards a sustainable future
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As headlines spotlight spot Bitcoin (BTC) exchange-traded fund (ETF) flows and institutions revealing their exposure to BTC ETFs, financial service infrastructure providers are quietly integrating blockchain technology into their systems.
According to a recent report from the Depository Trust & Clearing Corporation (DTCC), the firm conducted a pilot program named Smart NAV in collaboration with Chainlink (LINK). This initiative aimed to extend the capabilities of DTCC’s Mutual Fund Profile Service I (MFPS I), the industry standard for transmitting ‘Price and Rate’ data, also known as ‘NAV data.’
DTCC’s Mutual Fund Services business currently operates MFPS I, offering fund companies an automated solution to deliver prices and daily distribution rates to numerous clients for tens of thousands of mutual fund securities. Traditionally, DTCC collects price and rate data from funds/service providers and distributors, then aggregates and disseminates it at regular intervals through its message queue (MQ) and file-based methods.
The Smart NAV Pilot served as a digital extension of the existing MFPS I service, aiming to broaden and complement its current capabilities. DTCC recognized the growing interest in mutual fund tokenization and saw an opportunity for on-chain price and rate data to facilitate new initiatives. Taking a ‘chain-agnostic’ approach, meaning the ability to disseminate NAV data across virtually any blockchain, was crucial for enabling other use cases to build upon Smart NAV’s foundations.
Ten market participants, including major names like American Century Investments, BNY Mellon, and JP Morgan, collaborated with DTCC and Chainlink on the pilot. They evaluated the feasibility and industry value of implementing a distributed ledger technology (DLT)-based price and rate dissemination solution to unlock new benefits and support experimentation in the asset management space.
The pilot results demonstrated that delivering structured data on-chain and establishing standard roles and processes enabled foundational data to be integrated into various on-chain use cases, such as tokenized funds and bulk consumer smart contracts. This capability can fuel future industry exploration and empower numerous downstream use cases, including brokerage portfolio applications.
The simplest application of Smart NAV is to provide trusted, verifiable data on virtually any blockchain network to support its use in business workflows. During the pilot, DTCC acted as both the provider and governor of the on-chain data solution, while Chainlink’s CCIP served as the interoperability layer. The core capability explored is adaptable across a wide range of use cases, potentially enhancing operational efficiency and streamlining processes.
Based on the positive findings, DTCC sees an opportunity to expand the scope of the pilot to explore broader use cases beyond price and rate data dissemination and across more blockchains.
Source: kitco.com
The post DTCC partners with Chainlink and JPMorgan to pilot blockchain integration for fund data appeared first on HIPTHER Alerts.
Blockchain
Is Donald Trump’s Recent Crypto-Friendly Stance Genuine Or Opportunistic? Experts Weigh In
Presidential candidate Donald Trump recently made a surprising endorsement of crypto, suggesting that he would ease hostility towards cryptocurrencies in the US if re-elected.
Trump stated, “If we’re going to embrace it, we have to let them be,” and urged crypto supporters to vote for him. This marks a significant shift from his previous criticisms of Bitcoin and other cryptocurrencies in 2019, where he labeled them as “not money” due to their volatility and lack of intrinsic value, expressing concerns about their potential use in illegal activities like drug trafficking.
Crypto’s Impact on Voter Preferences
With approximately 20% of American adults reportedly holding crypto, candidates are taking notice. Markus Levin of XYO Network sees embracing crypto and implementing solid regulation as a strategic move in elections and sound policy overall. He believes Trump’s apparent positive stance towards the industry will sway some voters in his favor.
Jonathan Thomas of Blueberry suggests that Trump’s crypto-friendly rhetoric may attract voters who prioritize crypto as a single-issue matter.
Skepticism Surrounding Trump’s Crypto Support
However, not everyone is convinced by Trump’s newfound endorsement of crypto. NFT enthusiast Thorne Melcher views it as “flimsy” and warns against the potential for conservative politics to restrict crypto due to its use in areas such as trans hormone replacement therapy and abortions.
While some may see Trump’s support for crypto as a reason to vote for him, others like Stephanie Vaughan of Veda caution against assuming substantial benefits from this endorsement alone. Vaughan highlights the Biden Administration’s hardline stance on crypto regulation by enforcement, which she believes is unworkable and could push voters towards Trump.
Trump’s Strategy to Attract Crypto Voters
Trump’s pivot from crypto skeptic to NFT enthusiast reflects a strategic move to appeal to voters interested in crypto. Vaughan suggests that many crypto-focused voters may have supported Biden in the last election, but Trump is actively courting them by recognizing the industry’s significance.
By acknowledging crypto’s growing influence on voters, Trump aims to draw support away from Biden, positioning himself as the candidate more aligned with the interests of the crypto community.
Source: cryptonews.com
The post Is Donald Trump’s Recent Crypto-Friendly Stance Genuine Or Opportunistic? Experts Weigh In appeared first on HIPTHER Alerts.
droppGroup, a trailblazer in amalgamating blockchain and artificial intelligence, has unveiled droppLink, an innovative service platform poised to potentially revolutionize AI management and development across various blockchains. The architecture of droppLink empowers users with control over data contributions, abstracts computational requirements, and streamlines micropayments.
Stakeholders, dubbed Computational Resource Patrons (CRPs), contribute to the infrastructure costs and share profits from the facilitated AI operations.
As a web3 development firm, droppGroup specializes in deploying patented innovations in AI, machine learning (ML), object recognition, streaming, crypto, augmented reality (AR), virtual reality (VR), and mixed reality (MR). droppGroup is now advancing multi-modal AI systems with droppLink.
Gurps Rai, co-founder and CEO of droppGroup, explains that droppLink tokenizes each stage in an AI model’s lifecycle across multiple blockchains, such as Solana, Polygon, Ethereum, Base, and Hyperledger Fabric 2.5, ensuring unparalleled data integrity and expediting AI development.
Rai added, “This process upholds data ownership rights while establishing a transparent, immutable usage record via our Proof of Gen and Data Genesis protocols.”
Christopher J. Kelly, co-founder and president of droppGroup, underscores the company’s commitment to pushing the boundaries of multi-modal AI systems at the convergence of physical and digital realms, introducing cutting-edge solutions to the market.
Scheduled to speak on the monitoring and evaluation panel at the AWS Summit on May 22, Kelly will address topics like data integrity in AI and its alignment with the company’s mission.
With the AI market projected to reach $297 billion by 2027, ethical considerations such as data provenance, intellectual property protection, and fair compensation are paramount.
Accessible through droppPhygital, droppLink leverages multi-chain integration and robust tokenization to bolster data integrity. By melding blockchain technology with artificial intelligence, droppLink establishes an ethical management layer, aiming to reshape the AI landscape by fostering trust, transparency, and innovation.
Source: cryptotimes.io
The post droppGroup Unveils Platform with AI-Blockchain Integration appeared first on HIPTHER Alerts.
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