Vuzix Corporation

04/21/2021 | Press release | Distributed by Public on 04/22/2021 13:53

2020 a Record Sales Year for Vuzix, AR Smart Glasses Industry

2020 a Record Sales Year for Vuzix, AR Smart Glasses Industry

21-April-2021

New normal spells new way to do business

2020 forced both small and large businesses to adapt. Physical distancing protocols disrupted most industries, forcing business owners to consider strategies they never have before.

Many forward-thinking management teams correctly assumedthat Smart Glasses could fill the pandemic-sized gap.

By onboarding wearable display tech, these pioneers revolutionized the world of enterprise technology.

The results:

  • Major contractors in the defense, medicalspaces and more experienced productivity boosts that were powered by Smart Glasses
  • Vuzix fourth-quarter sales increased by 117%year-over-year
  • Total annual sales grew by 74% over 2019

READ: Marketing's Future Goes Through Smart Glasses

Players in the following industries have benefited from hands-free AR in 2020:

Healthcare

Not only do Smart Glasses allow doctors toprovide remote expertise, caregivers can now see patient info with a glance. Wearable display tech has done its part to protect healthcare workers and society's most vulnerablethroughout the developed world.

Training

Technicians can receive high-res training from off-site experts. The intuitive process allows them to broadcast their first-personview to instructors. Thefield serviceworld has been revolutionized as a result.

Warehousing

Staff are getting used to seamless interactions with order picking technology. There is no longer any need to take their eyes off inventory tomonitor an RF gun or scanner.

Construction

Site auditors need only a drone and a pair of Smart Glasses to get the job done. The Vuzix M4000 recently allowed for a physically-distanced worksite inspection in Barcelona.

2020 was a record sales year for AR Smart Glasses. More importantly, the innovative technology protected forward-thinking players in several industries from financial hardship.
Image credit: LaptrinhX

Reasons for post-pandemic optimism

Yes, the world is slowly returning to normal.

Rest assured, that doesn't mean business operations will return to the way they were in February 2020.

Major players in the enterprise space have been exposed to Smart Glasses. The innovation saves businesses time and money, offering a more intuitive communications and operations tool.

Here's to an even more successful year for AR Smart Glasses as more people are positively affected by wearable display technology.

Read the full press release here.

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