It is much cheaper than a guide dog and can be mass-produced, so“popularization of guide dogs”can be achieved. Considering the millions of potential demands worldwide, the market is large, and national certification and regulations are relatively easy (classified as wearable assistive devices).
In addition, .lumen's Pedestrian AI platform can be transferred to other fields such as indoor navigation and logistics robots. For example, this technology can be applied to self-driving wheelchairs in airports or large malls.
Adding 5G connectivity enables servitization such as remote support and cloud map updates, which can be expanded into a software subscription model. However, additional tuning is required to adapt to individual visually impaired people's walking habits, and adaptation training may be required for the elderly who are not familiar with wearing glasses.
Nevertheless, the product format is glasses, which is commonplace, so it can be integrated with AR glasses in the future and expanded to a wider consumer base (e.g., night glasses for hikers).