Global Smart Gloves Market to Reach US$ 5.8 Billion by 2032, Impelled by Continual Technological Advancements

July 12, 2023 | Electronics and Semiconductors

According to the latest report by IMARC Group, titled "Smart Gloves Market by Usage (Specific Health Monitoring Device, Fitness Tracker, Media and Connected Device, and Others), Industry Vertical (Healthcare, Industrial, Fitness, and Others), and Region 2024-2032," the global smart gloves market size reached US$ 2.9 Billion in 2023. Smart gloves are innovative wearable devices designed to enhance human interaction with digital technology and the surrounding environment. These gloves are equipped with sensors, microcontrollers, and communication modules, allowing users to perform various tasks without physically interacting with the devices. The sensors embedded in the gloves can detect hand movements, gestures, and even touch, translating them into digital commands. This enables users to control a wide range of devices, such as smartphones, computers, virtual reality systems, and Internet of Things (IoT) devices through intuitive hand gestures. As a result, they offer a seamless and natural user interface, eliminating the need for traditional input devices, including keyboards or touchscreens.

Global Smart Gloves Market Trends:

The global market is primarily driven by the continual technological advancements. This can be attributed to rapid urbanization and digitization across the globe. Moreover, the integration of virtual reality (VR) and augmented reality (AR) technologies with smart gloves are providing an impetus to the market as they enable smart gloves to interact with the virtual environment in a natural and precise way. Also, the development of advanced sensor technologies, such as flex sensors, capacitive touch sensors, and motion sensors, has significantly improved the accuracy and responsiveness of smart gloves. These technological advancements have made smart gloves more reliable and efficient, attracting more users, thereby driving the market growth. Furthermore, smart gloves have found valuable applications in healthcare, including rehabilitation and physical therapy. These gloves can be used to monitor and analyze hand movements, aid in stroke recovery, provide feedback during training exercises, and assist in surgical procedures, which is creating a positive market outlook. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 5.8 Billion by 2032, exhibiting a CAGR of 7.96% during 2024-2032.

Market Summary:

  • On the basis of the usage, the market has been categorized into specific health monitoring device, fitness tracker, media and connected device and others. Among these, specific health monitoring device represents the largest segment.
  • Based on the industry vertical, the market has been segmented into healthcare, industrial, fitness and others. Presently, healthcare exhibits a clear dominance in the market.
  • Region wise, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Europe (Germany, France, United Kingdom, Italy, Spain, Russia and others), Latin America (Brazil, Mexico and others) and the Middle East and Africa. Presently, North America holds the leading position in the total market share.
  • The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market. Some of the key players include Dexta Robotics, Flint Rehabilitation Devices LLC, HaptX Inc., NEOFECT Co. Ltd., ProGlove, Saebo Inc and Vandrico Solutions Inc.

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Usages Covered Specific Health Monitoring Device, Fitness Tracker, Media and Connected Device, Others
Industry Verticals Covered Healthcare, Industrial, Fitness, Others
Regions Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Dexta Robotics, Flint Rehabilitation Devices LLC, HaptX Inc., NEOFECT Co. Ltd., ProGlove, Saebo Inc, Vandrico Solutions Inc., etc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Smart Gloves Market to Reach US$ 5.8 Billion by 2032, Impelled by Continual Technological Advancements
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