Lightweight frames now hold the blueprint for the next generation of human-machine interaction. As a medium that enables collaboration between humans and artificial intelligence, smart glasses are hailed as the next super terminal. During this year's Double 11 shopping festival, the smart glasses market witnessed a surge in new product launches. Meanwhile, capital markets have shown remarkable enthusiasm for this sector, with 23 funding rounds completed this year, including several raising hundreds of millions.
As of November 7, four AI wearable concept stocks have surged over 100% year-to-date, with one standout stock skyrocketing more than 400%. At the 2025 World VR Industry Conference, Li Hongwei, founder and CEO of RayNeo, emphasized that AI glasses rank second only to AI itself in driving industry development, offering unique value in enhancing human behavior and interaction naturally.
The revolutionary leap of AI glasses—from "information display" to "intelligent understanding"—is now evident through pre-Double 11 product launches. Tmall reported a 25-fold year-on-year sales spike in smart glasses during the festival, with Rokid growing over 7x and RayNeo up 80%.
New entrants like INMO’s Go3 glasses, featuring anti-spy dual displays and 261-language translation, and Alibaba’s Quark AI glasses, integrating navigation and payment functions, highlight the sector's rapid innovation. JD.com’s JoyGlance app further bridges AI glasses with seamless shopping experiences, marking a critical step toward commercial viability.
Market data reflects this momentum. IDC reported global smart glasses shipments reached 406,500 units in H1 2025, up 64.2% year-on-year, with China projected to lead a 55.6% CAGR through 2029. Zhang Yi, chief analyst at iiMedia, noted smart glasses’ potential as a mainstream AI intermediary, driven by advancements in voice interaction and AR navigation.
On the stock front, the AI Wearable Equipment Index (884134.WI) rose 28% this year, led by Time-Space Technology’s 456% surge despite a Q3 net loss of ¥116 million. Guangdong dominates the sector, hosting 40% of China’s smart glasses firms, with Shenzhen and Guangzhou as key hubs.
Funding trends reveal deep industry bets: Viture secured $100 million, while RayNeo completed three rounds. Companies like RayNeo and Skyworth Digital exemplify Guangdong’s edge in optics, AI, and chipset innovation, with the latter transitioning from hardware supplier to standard-setter.
CICC forecasts global AI/AR glasses shipments to hit 35 million by 2028, anticipating enhanced displays and dual-chip architectures to redefine AI interaction.