Global Smart Glove Market Analysis & Industry Forecast 2017-2023, With an Expected CAGR of 9.5% - ResearchAndMarkets.com

DUBLIN--()--The "Smart Glove Market by Usage and by Industry Vertical : Global Opportunities Analysis and Industry Forecast, 2017-2023" report has been added to ResearchAndMarkets.com's offering.

The global smart glove market was valued at $ 1,740 million in 2016, and is projected to reach at $3,373 million by 2023, growing at a CAGR of 9.5% from 2017 to 2023.

Smart wearable gloves are electronic devices with microcontrollers worn on hands as an accessory. This design incorporates practical functions as well as features. These smart devices are used as a fashion statement, fitness tracker, specific health issue monitoring device, media device, or connected to other smart devices. Furthermore, camera control, built-in speakers, network connectivity and sensors makes it a next generation technology with huge growth prospects.

In 2016, specific health monitoring device segment dominated the market, in terms of revenue, due to increase in investment in technological advancement.

North America was the highest revenue contributor to the smart glove market in 2016, accounting for around 40% share, owing to surge in demand for advanced circuitry, wireless connectivity, and independent processing capability.

According to Seapee Bajaj, Research Analyst, Semiconductor & Electronics at Allied Market Research, The features of smart gloves such as integration of gesture recognition, hall effect sensors, conversion of gestures into vocalized speeches, and real-time data input amongst others have a positive impact on the growth of the market.

Companies Mentioned:

  • Apple Inc.
  • HaptX
  • Flint Rehab
  • Maze Exclusive
  • NEOFECT
  • Vandrico Solutions Inc.
  • Workaround GmbH
  • Samsung Electronics Co. Ltd.
  • Seekas Technology Co. Ltd.
  • Lab Brothers LLC.

Key Topics Covered:

Chapter 1: Introduction

Chapter 2: Executive Summary

Chapter 3: Market Overview

Chapter 4: Smart Gloves Market, By Usage

Chapter 5: Smart Gloves Market, By Industry Vertical

Chapter 6: Smart Gloves Market, By Region

Chapter 7: Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/3ch9mw/global_smart?w=4

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Related Topics: Wearable Technology

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Wearable Technology