The 12 closest competitors and alternatives to Magic Leap among hardware companies — ranked by similarity to what Magic Leap actually does, not by market-cap band.
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Magic Leap is headquartered in Plantation, Florida, United States, and is pioneering see-through augmented reality through innovative waveguide development and manufacturing. The company focuses on groundbreaking optics technologies and maintains offices in the United States, Israel, and Switzerland.
Magic Leap is a hardware company headquartered in Israel, founded in 2010. Xcout recorded 4 job postings from Magic Leap in the last 90 days.
Xcout recorded 4 job postings from Magic Leap in the last 90 days, from a hiring record Xcout has kept since April 2026.
The weekly hiring trend, the roles and locations behind it — see Magic Leap's hiring signals →
Ranked by semantic similarity — how close each company is to Magic Leap by what it does, using Xcout's live company graph. Click any company for its full profile, or its competitor set.
Augmented Reality Hardware
Lumus is an Israeli-based company headquartered in Ness Ziona, Israel that creates optical waveguides for head-mounted displays. Founded in 2000, Lumus has developed technology for see-through wearable displays, via its patented Light-guide Optical Element (LOE) platform to market producers of smart glasses and augmented reality eyewear.
Augmented Reality Hardware
NewSight Reality, Inc. is an enterprise software company headquartered in Jacksonville Beach, Florida, that specializes in augmented reality (AR) visualization technologies.
Similar hardware company
Tilt Five, Inc. is an augmented reality (AR) company based in Santa Clara, California, that provides local multiplayer AR systems and ships products to Kickstarter backers.
Similar hardware company
Sightful, founded in 2020 by veterans from PrimeSense, Magic Leap, and Broadcom, is headquartered in Tel Aviv, Israel, and backed by over $61M in funding. The company develops Spacetop, an AR software that creates a 100-inch workspace to redefine mobile productivity for B2B customers. Spacetop offers secure and flexible solutions to boost employee productivity for clients including Fortune 500 companies and law firms.
Similar hardware company
Light Field Lab, Inc. is an enterprise headquartered in San Jose, United States, operating as a Series B stage company in the technology sector.
Hardware, AR/VR
Dispelix develops and supplies transparent waveguides, which are used as see-through displays in augmented reality (AR) devices. The company serves leading enterprise and consumer technology companies globally.
Similar hardware company
FARO Technologies is a technology company headquartered in Lake Mary, Florida, specializing in 3D measurement, imaging, and metrology solutions. The company manufactures hardware systems like laser trackers and provides factory calibration services.
Similar hardware company
Vuzix Corporation designs, manufactures, and markets artificial intelligence (AI)-powered smart glasses, waveguides, and augmented reality (AR) technologies in North America, Europe, the Asia Pacific, and internationally. The company offers smart glasses that include M Series, Vuzix Blade, Vuzix Shield, and Vuzix Ultralite Z100; Mobilium logistics mobility software solution; waveguide optics; and display engines. It provides engineering services and original design manufacturers (ODM)/original equipment manufacturers (OEM) component solutions. The company sells its products through direct sales, value-added resellers, distributors, ODM and OEM partnerships, and online stores, as well as various Vuzix operated web stores in the United States, Europe, and Japan. It serves the enterprise, medical, defense, security, and consumer markets. The company was formerly known as Icuiti Corporation and changed its name to Vuzix Corporation in September 2007. Vuzix Corporation was incorporated in 1997 and is headquartered in West Henrietta, New York.
Similar hardware company
Headquartered in Seattle, Washington, Glowforge, Inc. creates at-home 3D laser printers that allow users to bring their creative designs to physical reality.
Similar hardware company
Even Realities GmbH designs smart glasses that combine optical technology with everyday style, focusing on digital eyewear innovation. The company has achieved unicorn status with a valuation of $1 billion.
Similar hardware company
Stereolabs is a software development company headquartered in San Francisco, with additional offices in New York and Paris. The company provides revolutionary vision-based AI perception for autonomy and sensing, offering compact, affordable, and high-accuracy AI cameras.
Similar hardware company
Varjo develops military-grade virtual and mixed-reality (VR/XR) headsets, software, and professional services designed for simulation and training. The company serves defense forces, aerospace organizations, and enterprises across air, land, and sea domains to support high-stakes mission-critical preparedness.
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