Source: Benzinga

Nautica: Innovative Eyewear's (NASDAQ: LUCY) Smart Glasses Partnership With Nautica Launches In January

Smart eyewear seems to be the way of the future, and brands are starting to adopt technology to meet consumer demands. Smart eyewear is typically equipped with speakers, microphones and cameras. Some eyewear has a two-dimensional image displayed on the lens, offering an augmented reality experience. The global smart glasses market size was valued at $1.2 billion in 2022 and is expected to grow at a CAGR of 27.1% from 2023 to 2030. One of the brands that could be one to watch in smart eyewear is Innovative Eyewear Inc. (NASDAQ: LUCY), the developer and provider of Lucyd® smart eyewear and companion apps. The Lucyd brand has been on the smart eyewear scene since 2018. The brand was founded by tech entrepreneurs who were interested in building smart eyewear that works just like regular designer glasses while keeping customers seamlessly and safely connected to their digital lives. The company reports that in 2023, over 300 optical stores in North America carried Lucyd frames. In 2022, the company acquired an exclusive, multiyear license to the Nautica® brand for smart glasses and it is now set to launch the product. This is exciting news for ...Full story available on Benzinga.com

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