CICC Research Reports suggest that after several rounds of product iteration, the successful paradigm of AI glasses may have emerged. We expect shipments to be around 2 million units in 2024, with a penetration rate of 0.1%, and a market scale of approximately 3.65 billion yuan. Looking ahead, there is a bullish outlook on the upgrades of core components such as AI glass SoC, storage, and display, which will optimize user experience and enrich application scenarios, potentially creating the next mobile terminal. According to Wellsenn's calculations, global shipments of AI smart glasses are expected to reach 80 million units by 2030, with a penetration rate of about 4.3%.