Technology
Smartwatch Market to Grow by USD 46.3 Billion (2025-2029), Technological Advances in Semiconductor Industry Boosting the Market, with AI Driving Market Transformation – Technavio
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6 days agoon
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NEW YORK, Jan. 31, 2025 /PRNewswire/ — Report with the AI impact on market trends – The global smartwatch market size is estimated to grow by USD 46.3 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 15.5% during the forecast period. Technological advances in semiconductor industry is driving market growth, with a trend towards increasing number of patent filings by smartwatch manufacturers. However, increasing data security and privacy concerns poses a challenge. Key market players include Amazfit, Apple Inc., CASIO Computer Co. Ltd., Citizen Watch Co. Ltd., Fossil Group Inc., Garmin Ltd., Google LLC, HK SMARTMV Ltd., Huawei Technologies Co. Ltd., Imagine Marketing Pvt. Ltd., Kate Spade, LG Corp., LVMH Moet Hennessy Louis Vuitton SE, Polar Electro Oy, Samsung Electronics Co. Ltd., Suunto Oy, Tata Sons Pvt. Ltd., Timex Group, Withings, and Xiaomi Inc..
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Smartwatch Market Scope
Report Coverage
Details
Base year
2024
Historic period
2019 – 2023
Forecast period
2025-2029
Growth momentum & CAGR
Accelerate at a CAGR of 15.5%
Market growth 2025-2029
USD 46.3 billion
Market structure
Fragmented
YoY growth 2022-2023 (%)
14.6
Regional analysis
North America, APAC, Europe, South America, and Middle East and Africa
Performing market contribution
North America at 40%
Key countries
US, China, Canada, Japan, Brazil, UK, Germany, France, Italy, and Spain
Key companies profiled
Amazfit, Apple Inc., CASIO Computer Co. Ltd., Citizen Watch Co. Ltd., Fossil Group Inc., Garmin Ltd., Google LLC, HK SMARTMV Ltd., Huawei Technologies Co. Ltd., Imagine Marketing Pvt. Ltd., Kate Spade, LG Corp., LVMH Moet Hennessy Louis Vuitton SE, Polar Electro Oy, Samsung Electronics Co. Ltd., Suunto Oy, Tata Sons Pvt. Ltd., Timex Group, Withings, and Xiaomi Inc.
Market Driver
The Smartwatch Market is experiencing significant growth with increasing shipment volumes, driven by urbanization and the millennial population’s preference for wearable technology. Gear Smartwatches and health consciousness are key trends in this sector. Companies like Boat and Xtend are making strides with their Sport smartwatches in the Fitness industry. The Global market is witnessing upgrades with health monitoring features such as Blood oxygen (SpO2) sensors, Stress monitors, and Electrocardiograms (ECG sensors). Price bands vary from basic LCDs to high-end OLED-based smartwatches. Supply chain disruptions have affected some brands, but demand remains strong. Health monitoring smartwatches are popular among older people for real-time health status and fall detection. Businesses like L’Oreal are exploring skin sensors for future applications. The market report covers display technology, operating systems, interfaces, and more. Smartwatches offer features like phone calls, weather reports, music, text messages, digital assistant, and low power consumption. Some models have advanced health monitoring features such as sleep apnea detection, EKG monitor, and glucose monitoring for diabetes patients.
The smartwatch market is witnessing a significant trend with an increasing number of patent applications being filed. Patents provide exclusive rights for a set period, enabling vendors to prevent others from manufacturing, using, or selling similar inventions. Major players are focusing on obtaining patents for displays, cameras, sensors, and related technologies to incorporate advanced features into next-generation smartwatches. This strategic move allows vendors to differentiate themselves in the competitive global market and gain a competitive edge.
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Market Challenges
The Smartwatch Market is experiencing significant growth with increasing shipment volumes, driven by urbanization and the millennial population’s preference for wearable technology. Gear Smartwatches and health consciousness are key trends, with the Fitness Industry and Health Monitoring Features becoming essential selling points. Boat and Xtend Sport smartwatches lead the market, offering Fitness Tracking and Calorie Counters. The Global Smartwatch Market faces challenges such as Supply Chain Disruptions and Price Bands. OLED-based smartwatches like the Forerunner 945 LTE are upgrading with advanced Health Monitoring Features, including Blood Oxygen and SpO2 Sensors, Stress Monitors, Electrocardiograms, and Fall Detection. Wearable Computing Devices, like Wristwatches, are now Bluetooth-capable, enabling Phone Calls, Weather Reports, Music, Text Messages, and Digital Assistant access. Older people also benefit from Real-time Health Status monitoring, with Fall Detection apps and EKG Monitors addressing specific health concerns, such as Sleep Apnea, Diabetes, and Glucose Monitoring. Businesses like L’Oreal and Skin Sensors are exploring opportunities in this market. Low Power Consumption and High Image Quality are crucial factors, making Wearable Devices a must-have for both personal and professional use.Smartwatches, popular for their convenience and advanced features, have gained significant market traction. However, concerns regarding data security and privacy have emerged due to the devices’ motion sensors, making them susceptible to hacking. These gadgets store and access vast amounts of sensitive data in real-time, including personal information, health data, messages, calls, maps, and financial details. The risk of data breaches is substantial, as hackers can decode this data using wireless interceptors without the user’s knowledge. In response, regulatory bodies are taking action. For instance, Europe’s General Data Protection Regulation mandates secure processing of personal data using appropriate technical and organizational measures. These measures aim to mitigate potential risks and safeguard user privacy.
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Segment Overview
This smartwatch market report extensively covers market segmentation by
Type 1.1 Integrated1.2 StandaloneOS 2.1 Android wear2.2 Apple watch OS2.3 Fitbit OS2.4 Tizen OSGeography 3.1 North America3.2 APAC3.3 Europe3.4 South America3.5 Middle East and Africa
1.1 Integrated- Smartwatches with integrated capabilities have gained popularity due to their ability to connect with other computing devices, such as smartphones, via Bluetooth or WiFi technology. This connection enables users to access various smart features, including internet access, messaging, social media notifications, weather updates, and music playback. The market for integrated smartwatches is projected to expand due to the increasing penetration of affordable smartwatches in emerging markets and the entry of traditional watch manufacturers. Companies like Huawei, Xiaomi, and Zepp Health are offering advanced features at reasonable prices, attracting millennials in countries such as India, Brazil, and China. CASIO and Fossil are among the analog and digital watch manufacturers offering integrated smartwatches. The integrated segment is expected to remain the dominant market segment due to its focus on health and fitness features, with several traditional watch manufacturers expected to join during the forecast period.
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Research Analysis
The Smartwatch Market is experiencing significant growth due to the increasing urbanization and the rising demand from millennials for wearable technology. The shipment volume of smartwatches is projected to reach new heights as people become more health-conscious and the fitness industry integrates these devices into their offerings. Fitness tracking and health monitoring features are driving the demand for smartwatches, with advanced technologies such as SpO2 sensors, electrocardiograms, and heart health monitoring becoming increasingly popular. OLED-based smartwatches offer real-time health status updates, including blood oxygen saturation levels and native sleep tracking. Fall detection and diabetes management with glucose monitoring are also gaining traction in the market. Overall, health monitoring smartwatches are revolutionizing the way we manage our health and wellness.
Market Research Overview
The Smartwatch Market is experiencing significant growth, driven by increasing urbanization and the adoption of wearable technology among millennials. The shipment volume of these devices is on the rise, with health consciousness being a major factor. Gear smartwatches, Boat, Xtend Sport smartwatch, and other brands are leading the charge in this sector. The fitness industry is also embracing smartwatches for fitness tracking and health monitoring features, including blood oxygen (SpO2) sensors, stress monitors, and electrocardiograms (ECG). Upgraded smartwatches offer calorie counters, fall detection, native sleep tracking, heart health monitoring, and more. Wearable computing devices, once considered luxury wristwatches, now serve as essential health monitoring tools. Older people and those with specific health conditions, such as sleep apnea, diabetes, and heart issues, also benefit from real-time health status updates. The market report covers supply chain disruptions, price bands, display technology, operating systems, interfaces (UI), and the latest trends in OLED-based smartwatches and LCDs. Smartwatches can now make phone calls, receive weather reports, play music, and send text messages, all wirelessly via Bluetooth or a wireless Bluetooth adaptor. Additionally, digital assistants, low power consumption, and high image quality add to their appeal.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
TypeIntegratedStandaloneOSAndroid WearApple Watch OSFitbit OSTizen OSGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio
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Technology
Fast-track GenAI success: Coveo launches Passage Retrieval API for secure, more relevant AI experiences
Published
34 minutes agoon
February 6, 2025By

– Passage Retrieval API enhances accuracy, relevance, and security, reducing hallucinations and protecting sensitive data for smarter, more reliable GenAI applications
– Proven with global enterprises, new Passage Retrieval API accelerates time-to-value with industry-leading retrieval
MONTREAL and SAN FRANCISCO, Feb. 6, 2025 /CNW/ – Coveo (TSX: CVO), the market leader in AI-Relevance — delivering AI-search, generative, and business-aware relevance at every point-of-experience, today announced that the Coveo Passage Retrieval API, a headless retrieval method for generative AI applications that leverages the Coveo’s best-of-breed AI-Relevance PlatformTM, is now generally available.
Coveo’s Passage Retrieval API: Strategic and critical for enterprises’ GenAI success
“Enterprises today are challenged with turning vast amounts of fragmented data into accessible and relevant knowledge for generative and conversational AI,” said Laurent Simoneau, Co-Founder, President and CTO at Coveo. “While large language models (LLMs) hold immense potential, their success hinges entirely on the quality of the data they access—a growing concern as many enterprises develop their own GenAI applications. Many organizations are adopting Retrieval-Augmented Generation (RAG) and quickly realizing that the hardest part—the ‘R’—lies in retrieving precise and relevant information from scattered enterprise systems. This critical step ensures secure, accurate, and relevant AI responses, yet its complexity often hinders progress.”
Coveo’s Passage Retrieval API directly addresses this challenge by delivering precise, trustworthy text to LLMs and AI applications, including Salesforce Agentforce, Microsoft Copilot, Amazon Bedrock Agents, and SAP Joule. The API boosts accuracy, minimizes hallucinations, and meets enterprise security requirements, all while improving deployment speed and reducing costs. Organizations can, therefore, consistently scale multiple generative AI applications using a single, reliable retrieval method.
A Unified Index for All Your GenAI Needs
With Coveo’s proven information retrieval method and advanced relevancy and ranking techniques now available to power generative AI applications, organizations can ground results in enterprise knowledge with greater efficiency and significantly accelerate time-to-value. Coveo’s platform centers on an industry-leading unified index that combines advanced ranking techniques—lexical, vector-based, and behavioral—to securely connect data from systems like CRMs, ERPs, ITSMs, and CMSs using prebuilt connectors. This eliminates redundant indexing and integration work, cutting maintenance costs while supporting a wide range of AI applications such as search, recommendations, generative AI and content discovery.
Designed to scale seamlessly, the platform handles large data sets, high user volumes, and multiple applications. With hybrid semantic and lexical indexing, machine learning models like Automatic Relevance Tuning (ART), and personalized ranking, as well as control over weighting factors and business rules in the query pipeline, Coveo continuously improves retrieval results, ensuring enterprise-wide AI performance that evolves with each user interaction.
Early Access Program Sees Impressive Results
Early Access Program customers saw impressive results. One Fortune 500 software organization that implemented Coveo’s Passage Retrieval API reported that in only 2 weeks they were able to improve article and passage retrieval accuracy by 22% over their in-house retrieval tool which led to a 73% improvement in generated answer accuracy of their internal GenAI chatbot.
“Integrating Coveo’s Passage Retrieval API has improved our ability to deliver highly customized AI solutions,” said Eric Immermann, Search and Content Practice Director at Perficient, a close System Integration partner of Coveo who tested the Passage Retrieval API during our Early Access Program. “From automating sales queries and enhancing global search experiences for our clients, to powering our own internal RFI generation tool, we’ve seen how better relevance in generative answering drives efficiency and business value. With Coveo’s unified hybrid index, we can improve answer relevance across various GenAI applications — making AI adoption faster, easier, and more cost-effective for us and our clients.”
Unlocking Possibilities: Top Use Cases for Coveo’s Passage Retrieval API
Custom GenAI Experiences: Improve the reliability and security of any generative AI application by providing your LLM with the most relevant passages from unified enterprise content sources.Chatbots and Virtual Agents: Improve the relevance of the answers from your chatbots, co-pilots, and agentic AI applications so your users experience personalized and context-rich conversations.Internal Knowledge Management: Empower employees with personalized, accurate answers grounded in enterprise knowledge, reducing search time and boosting productivity.Customer-Facing Support & Case Deflection: Provide precise self-service answers cited from support knowledge that minimize escalations, lower support costs, and boost customer satisfaction.
Discover the power and versatility of the Coveo Passage Retrieval API. Whether you’re working with AI platforms like Salesforce Einstein, Microsoft Azure AI, AWS Bedrock, or IBM Watson; LLM models such as Google Gemini, Anthropic Claude, and OpenAI GPT-4o; or AI agents like Salesforce Agentforce, Microsoft Copilot, Amazon Q Business, and SAP Joule, our API ensures more relevant answers and enhanced user experiences. Explore our blog to learn more.
Just getting started with RAG? Learn how Coveo’s advanced search and retrieval solutions can elevate your RAG strategy for precision and speed. Watch the webinar on-demand or join us at our next Relevance 360 virtual event, register here.
About Coveo
Coveo brings superior AI-Relevance to every point-of-experience, transforming how enterprises connect with their customers and employees to maximize business outcomes.
Relevance is about moving from persona to person, the degree to which the enterprise-wide content, products, recommendations, and advice presented to a person online aligns easily with their context, needs, preferences, behavior and intent, setting the competitive experience gold standard. Every person’s journey is unique, and only AI can solve the complexity of tailoring experiences across massive, diverse audiences and large volumes and variety of content and products.
Our Coveo AI-Relevance Platform™ ️enables enterprises to deliver hyper-personalization at every point-of-experience, unifying all their data securely, with the highest level of contextual and prescriptive accuracy while simultaneously optimizing business outcomes.
Coveo brings AI-Relevance to the digital experiences of many of the world’s premier and most innovative brands, serving millions of people across billions of interactions.
What we believe is bold: Digital is table stakes, Relevance is not. It’s the only way to win in the digital age.
The Coveo AI-Relevance Platform™ is ISO 27001 and ISO 27018 certified, SOC2 compliant, HIPAA compatible, with a 99.999% SLA available. We are a Salesforce ISV Partner, an SAP EndorsedⓇ App, an Adobe Gold Partner, MACH Alliance member, Optimizely Partner, Shopify Partner, and a Genesys AppFoundryⓇ ISV Partner.
Coveo is a trademark of Coveo Solutions Inc.
Stay up to date on the latest Coveo news and content by subscribing to the Coveo blog, and following Coveo on LinkedIn and YouTube.
Forward-Looking Information
This press release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable securities laws (collectively, “forward-looking information”). This forward-looking information is identified by the use of terms and phrases such as “may”, “would”, “should”, “could”, “might”, “will”, “achieve”, “occur”, “expect”, “intend”, “estimate”, “anticipate”, “plan”, “foresee”, “believe”, “continue”, “target”, “opportunity”, “strategy”, “scheduled”, “outlook”, “forecast”, “projection”, or “prospect”, the negative of these terms and similar terminology, including references to assumptions, although not all forward-looking information contains these terms and phrases. In addition, any statements that refer to expectations, intentions, projections, or other characterizations of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts but instead represent management’s expectations, estimates, and projections regarding future events or circumstances.
Forward-looking information is necessarily based on a number of opinions, estimates, and assumptions that we considered appropriate and reasonable as of the date such statements are made. Although the forward-looking information contained herein is based upon what we believe are reasonable assumptions, actual results may vary from the forward-looking information contained herein. Moreover, forward-looking information is subject to known and unknown risks, uncertainties, and other factors, many of which are beyond our control, that may cause the actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward-looking information, including but not limited to macro-economic uncertainties and the risk factors described under “Risk Factors” in the Company’s most recently filed Annual Information Form available under our profile on SEDAR+ at www.sedarplus.ca. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, prospective investors should not place undue reliance on forward-looking information, which speaks only as of the date made.
Moreover, we operate in a very competitive and rapidly changing environment. Although we have attempted to identify important risk factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other risk factors not presently known to us or that we presently believe are not material that could also cause actual results or future events to differ materially from those expressed in such forward-looking information.
Except as required by law, we do not assume any obligation to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.
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SOURCE Coveo Solutions Inc.
Technology
CallTrackingMetrics Welcomes Chris Lafferty as New Vice President of Product and Customer Experience
Published
34 minutes agoon
February 6, 2025By

Former EverService executive joins CTM to oversee product development and CX initiatives
MILLERSVILLE, Md., Feb. 6, 2025 /PRNewswire/ — CallTrackingMetrics, a global conversation analytics company, today announced the appointment of Chris Lafferty as Vice President of Product and Customer Experience. This strategic hire reinforces CTM’s commitment to product innovation and exceptional customer experience as the company continues its growth trajectory.
Lafferty brings extensive experience in product development and business leadership, with a proven track record of creating innovative, user-centric solutions across legal tech, SaaS and AI sectors. Most recently serving as General Manager & Executive Vice President at EverService (Nexa and Alert Communications), where he led the legal business unit, Lafferty has demonstrated success in driving growth and operational excellence throughout his career which has included leadership roles at Casetext, FiscalNote and Thomson Reuters.
“Chris’s deep expertise in AI integration, product development and customer experience makes him the ideal leader to drive our product strategy forward,” said Todd Fisher, CEO and co-founder of CallTrackingMetrics. “His history of building and scaling high-performing teams aligns perfectly with our mission to deliver innovative solutions that help businesses optimize their marketing and communications.”
In his new role, Lafferty will oversee CTM’s product development and customer experience initiatives, focusing on enhancing the company’s conversation analytics platform through AI-powered innovations and user-centric design. His expertise in developing go-to-market strategies and optimizing customer onboarding will be instrumental in accelerating CTM’s growth and market presence.
“I’m thrilled to join the talented team at CallTrackingMetrics,” said Lafferty. “As a bootstrapped company that has achieved remarkable success over the past decade, CTM has demonstrated its commitment to innovation and customer success. I look forward to contributing to the company’s continued growth by delivering impactful solutions that drive measurable results for our clients.”
To learn more about CallTrackingMetrics and its offerings, visit https://www.calltrackingmetrics.com/.
About CallTrackingMetrics
CallTrackingMetrics is an award-winning, global conversation analytics company founded and led by a husband-wife team that enables marketers to make effective data-driven decisions and increase ROI. Over 100,000 users, including The Washington Post, Verizon Connect, and ServiceMaster, rely on CTM to track and attribute all online and offline leads across multiple platforms through native integrations with core tools like Google Ads and Analytics, HubSpot, Salesforce, Zoom, and Facebook. CallTrackingMetrics is named an industry leader, year after year, by top software publications like G2 and Capterra and is regularly recognized for its growth and innovative culture. CallTrackingMetrics.com
CONTACT:
Alyssa Rinehart
BLASTmedia for CallTrackingMetrics
calltrackingmetrics@blastmedia.com
317.806.1900
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SOURCE CallTrackingMetrics
Technology
Cellid Raises $13 Million to Advance AR Glasses Display Development
Published
34 minutes agoon
February 6, 2025By

Advancing Adoption through Enhanced Mass Production and Accelerated Product Launches
TOKYO, Feb. 6, 2025 /PRNewswire/ — Cellid Inc., a developer of AR glasses displays and spatial recognition engines for next-generation devices, today announced that it has raised a total of USD 13 million (JPY 2 billion) through a private placement with Development Bank of Japan Inc. as the lead investor, and through a third-party allotment of new shares to funds managed or involved in the management of More Management Co., Ltd.; CVC fund jointly established by Kyocera Corporation and Global Brain Corporation; 15th Rock, Inc.; and FFG Venture Business Partners Co., Ltd. This latest financing brings Cellid’s total funding raised to date to approximately USD 33 million (JPY 5.2 billion).
Cellid’s core business is the development of displays for AR glasses and spatial recognition engines. In particular, Cellid boasts the industry’s most advanced technology in the development and design of the world’s largest, widest field of view and lightest weight waveguide, and has succeeded in developing the first full-color projection technology using plastic materials.
Last November, Cellid announced the release of “Reference Design” (verification model) -eyeglass-type AR glasses that employs the optical see-through waveguide display method. By adopting our original waveguide, we succeeded in creating a design that is no different from that of ordinary glasses and lightweight (approx. 58g), and compared to conventional head-mounted display-type glasses, the new glasses reduce eye fatigue even after long hours of daily use.
This financing will enable Cellid to strengthen the lineup of products and reference designs that are key components of AR glasses, such as micro projectors and waveguides, and promote the development of business areas that make use of reference designs. Cellid will also accelerate the market launch of their products by strengthening their mass production system.
Underwriters
Development Bank of Japan Inc.More Management Co., Ltd.KVIF-I Limited Partnership(Limited partner: Kyocera Corporation; General partner: Global Brain Corporation)15th Rock, Inc. FFG Venture Business Partners Co., Ltd
Cellid CEO Satoshi Shiraga comments:
“We are honored that the Development Bank of Japan Inc. and other financial investors and partners have recognized Cellid’s business, which is centered on the development of displays for AR glasses and spatial recognition engines, as well as our growth potential. As AR glasses are increasingly attracting attention as a more accessible next-generation device, we are pursuing their evolution through the development of key components for AR glasses, such as waveguides and micro projectors. With this financing, we aim to accelerate the market launch of our products and contribute to the further adoption of AR glasses by acquiring top talent in Japan and abroad, while strengthening our technological development capabilities and expanding our mass production system.”
Investor Comments
Akira Nagai, Senior Vice President, Growth & Cross Border Investment Department, Development Bank of Japan Inc.
“AR glasses have been in the limelight in recent years as next-generation wearable devices, but innovation in lenses, a key component, is essential for their full-scale diffusion. In this context, we are highly impressed with Cellid’s world-class technology for waveguide lenses and the fact that it has established a supply chain through close collaboration with Japanese optical materials and semiconductor processing companies, which are highly competitive worldwide. DBJ feels that Cellid has the potential to become the de facto standard for waveguides and will do its utmost to support Cellid’s growth strategy in the future.”
Akihiro Matsuyama, Representative Director, More Management Co., Ltd.
“We are pleased to announce that we have executed a follow-on investment in Cellid from our fund, whose lead investor is AXA Life Insurance Co. Ltd. We highly valued their advanced technologies related to AR and decided to invest for them to commercialize their products with global companies. We expect that their products will bring people’s relationship with computers closer and bring innovation to their lives. As a shareholder, we will actively support them.”
Shouichi Nakagawa, Executive Officer, Senior General Manager, Corporate R&D Group, Kyocera Corporation
“We are very pleased that KVIF-I has invested in Cellid. We are committed to cutting-edge research and development to fulfill our corporate Management Rationale, ‘contribute to the advancement of society and humankind’. AR and other XR technologies are building a new relationship between humans and computers. Glass waveguides and spatial recognition engines developed by Cellid are essential in our search for the next generation of key devices. We are committed to supporting Cellid as they take on the challenge of using their advanced technology to contribute to the advancement of society and humankind.”
Tetsu Nakajima, Founder/General Partner, 15th Rock, Inc.
“The AR glasses market continues to expand, with large companies expected to enter the market. Cellid, with its innovative manufacturing technology and knowledge, has huge potential for growth. 15th Rock, with a core focus on supporting innovations in Human Augmentation, will fully support Cellid’s mission by making the most of the knowledge and network it has cultivated to date.”
Miruto Ōhara, Investment Manager, Investment Department, FFG Venture Business Partners
“We are very pleased to invest in Cellid, a leading Japanese developer of AR glasses devices, which are rapidly gaining attention around the world, especially among big tech companies, as the next-generation device following smartphones. CEO Satoshi Shiraga and his management team have great potential to develop cutting-edge Japanese technology on a global scale. It is very exciting to imagine a near future in which Cellid’s products will be available in the market and in the hands of many people around the world. The entire Fukuoka Financial Group (FFG) is committed to supporting Cellid’s further growth and address of challenges.”
About Cellid
Cellid specializes in the development of advanced AR glass display modules, focusing on waveguides and spatial recognition engines for next-generation devices. Leveraging unique optical simulation and proprietary production technologies, Cellid has developed display modules as thin and lightweight as standard eyeglass lenses, delivering clear images and one of the world’s largest fields of view for waveguides. Additionally, Cellid offers industry-specific solutions powered by spatial recognition technologies such as Cellid SLAM. By integrating cutting-edge AR display hardware with real-world spatial recognition software, Cellid is driving the “Blending of Physical and Digital World,” making exceptional information tools more accessible, practical, and convenient for users worldwide
Media Inquiries:
Michael Kornspan
michael.kornspan@strategicpr.biz
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SOURCE Cellid Inc.


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