+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Millennials are so interested in Snapchat's camera glasses, demand could surpass 3 million this year

Sep 29, 2016, 22:13 IST

Snapchat (now called Snap) is releasing its camera glasses, called Spectacles, later this year, the company announced over the weekend after Business Insider published a then-secret promotional video about them. So will anybody care?

Advertisement

According to a Business Insider Intelligence survey of over 300 millennials, the answer is yes. 31% of the millennials surveyed say they'd at least think about buying the $130 glasses. If you apply that percentage to the Snapchat app's 60 million daily active users in the U.S. and Canada, that suggests there's enough demand for Snap to sell 3 million of them this year.

But the company probably won't even try to meet that demand. Snapchat CEO Evan Spiegel told the Wall Street Journal that the company is taking a "slow approach," and distribution will be limited at first.

BI Intelligence

NOW WATCH: Samsung now says it's too dangerous to even turn on your Galaxy Note 7

Please enable Javascript to watch this video
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article