Global Virtual Reality Glove Market to grow at a CAGR of 82.2% during 2016-2020

Albany, NY, Dec 15: VR gloves are the groundbreaking innovation in the field of VR. The technology enables users to touch, feel, and sense objects in the virtual world. Though, a VR glove looks similar to a regular glove, the architecture of an average VR glove includes a motherboard with an integrated sensor fusion, a LED lighting placed on the cover of the motherboard (typically under the logo), a lithium-polymer battery, multiple haptic actuators to simulate touch, and conductive fabric to recognize gesture commands. Apart from these, the glove may also contain adjustable cuff to ensure that it fits the user and breathable fabric to facilitate air circulation.

The global VR glove market to grow at a CAGR of 82.2% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global VR glove market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of VR gloves.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

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Technavio's report, Global VR Glove Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- CyberGlove
- Manus VR
- GloveOne
- Virtalis

Other prominent vendors
- Dexmo
- Synertial
- Yost Labs

Market driver
- Increased penetration of VR headsets and consoles
- For a full, detailed list, view our report

Market challenge
- Price premium associated with VR glove-compatible headsets
- For a full, detailed list, view our report

Market trend
- Emergence of smartphone-integrated VR headsets
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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This release was published on openPR.