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"Never lose your glasses/smartglasses/VR goggles etc. again"

[Category : - SOFTWARES- Headwear- Security and alarms]
[Viewed 75 times]

Say goodbye to lost glasses/VR Goggles/SmartGlass's etc. forever with the Track My Eyewear Patent (US10276028B2)—the innovative tracking system designed to integrate seamlessly into eyewear. This patented technology enables users to track their eyewear with precision, ensuring you never misplace or lose your glasses again. Ideal for eyewear manufacturers and tech companies, this patent offers a unique opportunity to revolutionize the market by incorporating cutting-edge GPS and tracking features into everyday eyewear. Secure this patent today and be at the forefront of the wearable tech revolution—helping people stay connected to their glasses like never before.

Financial information

Estimating the Value of the Patent

Eyewear Market Size & Growth:

Global Eyewear Market: The global eyewear market, which includes prescription glasses, sunglasses, and sports eyewear, is worth billions and is expected to continue growing. As of recent estimates, the eyewear market size is over $140 billion, with projected growth driven by an increasing number of people who require corrective lenses, as well as the growing trend of wearable tech.

Reading Glasses: Over 1.7 billion people worldwide suffer from some form of presbyopia (the need for reading glasses), and many of them own multiple pairs for different purposes.

Sunglasses: The global sunglasses market is also substantial, with millions of units sold annually.

Smart Glasses & VR Goggles: Smart eyewear and VR goggles are still emerging markets, but their growth potential is significant, especially with the rise of the Metaverse and augmented reality.

Consumer Need:

Multiple Pairs per Person: On average, individuals who wear glasses often own multiple pairs (e.g., prescription glasses, reading glasses, sunglasses, safety glasses, etc.). A consumer could own anywhere from 3-6 pairs of glasses depending on their lifestyle and needs.
Lost Glasses Problem: Glasses are often misplaced, and the ability to track them could be a highly desirable feature for consumers. The ability to integrate tracking directly into glasses would create strong consumer demand.
Pricing Strategy:

If you integrate this tracking technology into glasses, it could add significant value to both consumer and industrial eyewear. Given the added functionality, $10 to $50 could be charged per pair of eyewear with this tracking feature, depending on whether it’s a basic integration or a premium feature.
Smart Glasses and VR goggles could command a higher price, with the potential to charge $50 to $100 more per unit due to the higher technological integration.
Patent Licensing or Sale:

If you were to license the technology, you could negotiate a royalty percentage per pair of eyewear sold (typically between 3% to 10% depending on market dynamics and the technology’s perceived value).
If sold outright, the patent could be worth several million dollars, depending on the number of eyewear manufacturers interested in integrating this tracking system, and the overall market adoption rate. Given the broad application across several eyewear categories, a conservative estimate for the patent’s value could range between $5 million to $20 million.

Patent publications:

US 10276028

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Seller:

tmg (United States)

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