BUSINESS: Research + Stats 3D Glasses Industry Is Slated to Reach $22 Billion by 2033 By Staff Friday, January 6, 2023 12:57 PM The 3D glasses market is on the rise in the U.S., according to a new Future Market Insights (FMI) report. The industry is expected to reach an estimated value of $14.81 billion in 2023, climbing to $22 billion by 2033. This is a compound annual growth rate (CAGR) of 4.16 percent over 10 years. The technology is gaining ground in a number of industries including the military, health care, education and entertainment. It has most recently been used to treat a variety of medical conditions being utilized in robotic surgery, phobia treatment and surgery simulation. The glasses can also provide data from MRI scans that are more accurate for medical professionals to make a diagnosis. Consumers are also embracing the technology for personal use with increasing demand for 3D movie glasses for home theaters. The report noted this is projected to rise as virtual reality technology grows in popularity with gamers and other tech consumers. According to Precedence Research, the introduction of 3D technology to the film industry has led to an increase of cognitive processing by 20 percent and improved reaction time by 10 percent. Over the short term, FMI predicts the gaming industry will be the main driver of sales between 2022 and 2025. Between 2025 and 2028, this will expand with the introduction of new devices and enhanced technology innovation. It’s predicted one of the greatest challenges 3D glasses technology designers are going to have to overcome is the impact on users' sight. It’s recommended that users take regular breaks to avoid eye strain due to brightness and contrast changes. As consumers crave more distinct technology, FMI believes the growth of this sector will increase further between 2028 and 2033 with the 3D technology becoming more integrated in daily life. Around the world, 3D technology is also reaching a broader market. Germany remains at the forefront of adopting 3D glasses at a rate of 3.7 percent CAGR, while China is expected to grow at a rate of 3.6 percent CAGR.