Technological Entrepreneurship in the Global Optics and Eyewear Industry: Opportunities, Challenges, and Innovation Pathways
The global optics and eyewear industry is undergoing a transformative shift, driven by technological advancements and evolving consumer demands, positioning it as a dynamic platform for technological entrepreneurship. This study explores the opportunities, challenges, and pathways for innovation within this sector, focusing on three core axes: advanced production technologies, innovative online sales models, and emerging eyewear applications. Drawing on a comprehensive analysis of market trends, the global eyewear market, valued at over $149 billion in 2022, is projected to grow at a compound annual growth rate (CAGR) of approximately 6% by 2030. Key trends shaping entrepreneurial prospects include digitalization, enabling online sales and augmented reality (AR)-driven consumer experiences; personalization, facilitated by 3D printing and artificial intelligence (AI); and smart eyewear, integrating mixed reality for diverse applications. The study highlights the critical role of interdisciplinary collaboration, sustainable practices, and data-driven strategies in fostering competitive advantage. Challenges such as high initial investments, regulatory compliance, and digital infrastructure needs are also addressed. By examining global industry leaders and innovative startups, this article provides a strategic framework for entrepreneurs to navigate and capitalize on the evolving optics ecosystem, contributing to both economic value and enhanced vision health
Authors
- Mehdi Farzpourmachiani Mehdi Farzpourmachiani
- Mehrdad Fojlaley Mehrdad Fojlaley
- Snjezana Baroness Rajacic Snjezana Baroness Rajacic
- Fatemeh Ibrahimi Nazarian Fatemeh Ibrahimi Nazarian
- Morteza Safari Paskeh Morteza Safari Paskeh
Publication Details
- Journal
- International Journal of Advances in Engineering and Management
- Published
- 2025-05-01
- DOI
- https://doi.org/10.35629/5252-0705627639
- Primary Topic
- Economic and Technological Innovation
- Type
- article
- Field-Weighted Citation Impact
- 0.00