EssilorLuxottica's AI Smart Glasses Tipped as Next Big Growth Driver

• EssilorLuxottica is positioned as a potential AI winner, with smart glasses identified as a key growth driver by Citi analysts.
• Luxottica is developing AI-powered smart glasses with Meta, featuring capabilities like music, photos, translation, and a neural wristband for interaction.
• The company reported nearly 12% year-on-year growth in Q3, with over four percentage points attributed to its wearables, including smart glasses.
• Citi analysts project the AI glasses market to grow over 100% annually until 2030, expecting EssilorLuxottica to maintain market leadership.
• Other tech giants like Google, Snap, and Apple are also set to launch AI smart glasses, potentially boosting overall market awareness.

Why It Matters: AI smart glasses signal a massive tech market shift and new investment opportunities.