The market for smart glasses is booming, with analysts at HSBC raising the industry’s future value to $200 billion by 2040. Smart glasses by EssilorLuxottica and Meta are leading the way. Experts predict a huge increase in users, from 15 million in 2025 to 289 million by 2035. HSBC upgraded EssilorLuxottica’s stock to a “buy” rating, boosting share prices by nearly 3 percent. The company plans to double production of the Ray-Ban Meta frames to meet demand. Competition is heating up with tech giants like Apple, Samsung, and Amazon set to launch their own smart glasses in the future.

Read more at Nasdaq: HSBC Sees Smart Glasses Market Surging, Upgrades EssilorLuxottica To Buy