Meta finally has a hit in the smart glasses sector, as their Ray-Ban smart glasses have sold 1 million units in 2024.
Meta CEO Mark Zuckerberg recently shared at an all-hands meeting that the glasses sold over 1 million units last year and that the company has a sizeable lead in the wearable technology sector.
“I think one of the questions for us is, are we going to go from 1 million this year to 2 million?” Zuckerberg said in the meeting. “Are we going to go from 1 million to 5 million?”
He told staff that they haven’t seen competitors show up yet and that they “basically invented the category.” He also said they will “probably start seeing some of that maybe later this year, maybe next year.” Zuckerberg also stated that they have a “wide open field right now” and will try to introduce the glasses to as many people as possible while they have the opportunity.
However, competition is definitely coming. Qualcomm, which makes tech that powers the Meta smart glasses, said a smartglasses future is only a couple of years away and is working with Google and Samsung.
Meta’s smart glasses debuted in 2020, with the current generation releasing in 2023. Meta has reportedly been working on a pair with Oakley geared more toward athletes and a premium version of the Ray-Ban Meta glasses with a heads-up display.
Meta’s smart glasses are a promising look for a sector that has struggled to break through. The smart glasses sector had a major flop over a decade ago when Google tried it with their poorly received Google Glass in 2013. Canadian company North tried it following the demise of the Glass, although they struggled financially and were bought by Google in 2020.
Source: The Verge
MobileSyrup may earn a commission from purchases made via our links, which helps fund the journalism we provide free on our website. These links do not influence our editorial content. Support us here.
