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Report Overview
2024
Base Year
2018-2024
Historical Year
2025-2034
Forecast Year
Global Virtual Reality Glove Market Outlook
The global virtual reality glove market is being driven by increasing adoption of virtual reality devices and the new advancements in the industry. The market is expected to grow at a CAGR of 53% in the forecast period of 2025-2034.
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Increasing Sales of VR Devices Driving the Virtual Reality Glove Industry Growth
The introduction of diverse products in the virtual reality industry, such as consoles, glasses, simulators, etc., are rising in popularity due to the enriched experience provided by these products. These devices come with a connection to a smartphone as well as 5G are growing in demand and indirectly boosting the growth rate of the virtual reality glove industry. Technological advancements improving the environments these devices provide and the sensory experience introduced by the VR gloves is predicted to witness significant growth in the VR glove industry during the forecast period. Moreover, with multiple applications that are provided with the combination of devices, the market for VR gloves is bolstering. Further, the investment in stimulus technology such as integration of temperature and skin conditions is boosting the growth of the virtual reality glove industry.
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If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Purchase the Regional Overview for
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If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
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If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Virtual Reality Gloves: Market Segmentation
The new innovation in the growing industry of virtual reality includes virtual reality gloves. These gloves are designed to capture the action of motion of your hand and your fingers. These gloves are visually similar to regular gloves but include sensors that provide haptic feedback and let the users perceive virtual textures and surfaces. The advancements in the technology support full hand and finger tracking of the user and the sensors function like an exoskeleton. The continuous developments in enhancing these gloves are increasing the growth rate of the market during the forecast period.
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Based on type, the market is bifurcated into:
- Wired
- Wireless
Based on application, the market is divided into:
- Personal
- Commercial
- Others
Based on industry, the market is categorized into:
- Gaming
- Entertainment
- Industrial
- Defence
- Healthcare
- Education
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Investments across Industries to Propel the Growth of Virtual Reality Glove Market
The diversity of applications of the product across various industries is a key factor in the rising growth of the virtual reality glove industry. The adoption of this technology due to its sensor and feedback has provided industries, such as gaming, entertainment, defense, etc., new ways to implement in their industry, thereby boosting the growth of virtual reality gloves. These applications include training employees, scanning bar codes, and performing simulations, among others, which is why industries invest heavily into the VR glove market. Test driving, performing surgeries, creating extreme environments are new applications that are being tested and are expected to boost the market growth at a remarkable rate during the forecast period.
Key Industry Players in the Global Virtual Reality Glove Market
The report gives a detailed analysis of the following key players in the global VR glove market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Manus Machinae BV
- Neurodigital Technologies, S.L.
- Vivoxie S. de R.L. de C.V.
- Dexta Robotics
- Noitom International Inc.
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:\
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| Breakup by Type |
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| Breakup by Application |
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| Breakup by Industry |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The global virtual reality glove market is being driven by increasing adoption of virtual reality devices and the new advancements in the industry. The market is expected to grow at a CAGR of 53% in the forecast period of 2025-2034.
The major drivers of the market include the increasing adoption of virtual reality devices and the new advancements in the industry.
The virtual reality glove market is being aided by the diversity of applications of the product across various industries.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Wired and wireless are the leading types in the industry.
Personal and commercial, among others are the leading applications in the industry.
Gaming, entertainment, industrial, defence, healthcare, and education, among others are the leading industries in the industry.
The major players in the industry are Manus Machinae BV, Neurodigital Technologies, S.L., Vivoxie S. de R.L. de C.V., Dexta Robotics, and Noitom International Inc., among others.
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