Press release
Smart Glove Market Size to be Worth $3,373 million by 2023 | Major Players- Apple Inc., HaptX, Flint Rehab, Maze Exclusive, NEOFECT, Vandrico Solutions Inc. (Oxstren), Workaround
Smart Glove Market
According to a new report by Allied Market Research, titled, Smart Glove Market by Usage and by Industrial Vertical: Global Opportunities Analysis and Industry Forecast, 2017-2023, 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.
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The report features a competitive scenario of the smart glove market and provides a comprehensive analysis of key growth strategies adopted by major players.
The key players profiled in the study are Apple Inc., HaptX, Flint Rehab, Maze Exclusive, NEOFECT, Vandrico Solutions Inc. (Oxstren), Workaround GmbH (ProGlove), Samsung Electronics Co. Ltd., Seekas Technology Co. Ltd., and Lab Brothers LLC.
These players have adopted competitive strategies, such as innovation, new product development, and market expansion, to drive the market.
North America was the highest revenue contributor to the smart glove market, accounting for around 40% share, owing to surge in demand for advanced circuitry, wireless connectivity, and independent processing capability.
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In 2019, specific health monitoring device segment dominated the market, in terms of revenue, due to increase in investment in technological advancement.
Key Benefits
• This report provides an extensive analysis of the current and emerging market trends and dynamics in the smart glove market.
• In-depth analysis is conducted by constructing market estimations for the key market segments between 2016 and 2023.
• Extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework.
• Key players are profiled and their strategies are analyzed thoroughly to understand the competitive outlook of the global smart glove market.
Smart Glove Market Key Segments:
By Usage
• Fitness Tracker
• Specific Health Issue Monitoring Device
• Media & Connected Device
• Others
By Industry Vertical
• Healthcare
• Industrial
• Fitness
• Others
By Region
• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Rest of Europe
• Asia-Pacific
o China
o India
o Japan
o Rest of Asia-Pacific
• LAMEA
o Latin America
o Middle East
o Africa
https://www.whatech.com/market-research/semiconductor-and-electronics/640885-smart-glove-market-is-projected-to-hit-3-373-mn-by-2023
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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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