Press release
Virtual Reality Glove Market Poised to Hit $14.19 Billion by 2029 with Accelerating Growth Trends
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Virtual Reality Glove Market Size Growth Forecast: What to Expect by 2025?
In recent years, there's been a significant expansion in the market size of the virtual reality glove. From $5.13 billion in 2024, it's projected to increase to $6.30 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 22.9%. This upward trend during the historical period is due to the escalated demand for engrossing experiences, their expanded implementation in the field of healthcare, the progressive evolution in haptic technologies, increased utilization in industrial training scenarios, and a greater emphasis on user interaction and gesture recognition.
How Will the Virtual Reality Glove Market Size Evolve and Grow by 2029?
Expectations are that the virtual reality glove market will experience significant growth in the coming years, with values expected to reach $14.20 billion by 2029, growing at a compound annual growth rate (CAGR) of 22.5%. This predicted growth during the forecast period is due largely to the increasing incorporation of artificial intelligence, the miniaturization of sensors, its expanding use in the realms of gaming and entertainment, along with a surge in the implementation of wireless connectivity technologies. Key trends during this period include progress in haptic feedback technology, the combining of augmented and mixed reality, the invention of lightweight and ergonomic designs, the evolution of AI-driven gesture recognition, as well as advances in the field of cloud-based computing for VR data processing.
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What Drivers Are Propelling the Growth of Virtual Reality Glove Market Forward?
The surge in digital transformation is anticipated to boost the prospects of the virtual reality glove market in the future. This refers to incorporating digital technologies into every facet of a business with the aim of improving operations, customer service, and overall value. The acceleration of digital transformation stems from the growing need for enhanced customer experiences, as businesses are increasingly embracing digital tools such as AI, cloud, and analytics to deliver quicker, personalized, and more convenient services, enhancing the satisfaction and loyalty of customers. Such transformation is fuelling the demand for virtual reality gloves because companies are utilizing immersive technologies to enhance remote collaboration. This technology allows users to interact naturally with virtual environments through hand movements and touch controls. For instance, according to the Central Digital and Data Office, a government agency in the UK, it was reported in November of 2023, that the digital transformation within the government could save over $1.17 billion by eliminating paper-based costs in 2022. A digital remuneration framework could potentially save $122.12 million each year by 2025, reducing attrition rates and decreasing reliance on labor which is expensive. Therefore, it's evident that the fast-paced digital transformation is driving the virtual reality glove market's growth. The escalating industrial activities are predicted to stimulate the growth of the virtual reality glove market in future. Industrial activities mean the mass production and processing of goods using machinery, equipment, and human labor within factories or industrial units. A rise in industrial activities is reportedly due to the growing global demand for manufactured goods. This is due to economic growth and urbanization leading to increased consumption of products in sectors like construction, automotive, and electronics. Industrial activities can greatly benefit from virtual reality gloves as it allows workers to simulate complex tasks in a virtual space. This ensures safe and productive training, minimizing equipment damage and personal injury risk. In relation to this, according to a report released in September 2024 by the National Association of Manufacturers (NAM), a US-based advocacy group, there was an increase in value-added output in manufacturing from an annual rate of $2.881 trillion in the first quarter to $2.910 trillion in the second quarter of 2024. In the second quarter, manufacturing contributed to 10.0% of the total value-added output in the U.S. economy. Furthermore, the real value-added output in the manufacturing sector rose from $2.337 trillion annually in the first quarter to $2.384 trillion in the second quarter. Hence, increased industrial activities are influencing the growth of the virtual reality glove market.
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Which Emerging Trends Are Transforming the Virtual Reality Glove Market in 2025?
Leading businesses in the virtual reality glove market are concentrating on the creation of innovative strategies such as integration of haptic feedback in an effort to maintain a competitive edge. This integration allows the simulation of realistic touch sensations in VR gloves, improving user engagement and immersion in virtual environments. For example, in June 2025, UDCap VR gloves, a new product from UdexReal, a tech company from China, were launched. By offering superior haptic feedback, wireless capabilities, and a design suitable for extended use, these gloves take immersion in virtual reality gaming to a new level. Delivering accurate movement tracing and tactile reactions, these gloves elevate the user experience, making it more immersive and natural. This creative breakthrough satisfies the growing customer need for more realism and interactivity in VR applications.
What Are the Key Segments in the Virtual Reality Glove Market?
The virtual reality glove market covered in this report is segmented as
1) By Product Type: Haptic Gloves, Motion Capture Gloves, Gaming Gloves, Other Product Types
2) By Technology: Wired, Wireless
3) By Application: Gaming, Healthcare, Education And Training, Industrial, Other Applications
4) By End-User: Consumer, Commercial, Industrial, Other End-Users
Subsegment:
1) By Haptic Gloves: Force Feedback Gloves, Vibrotactile Gloves, Exoskeleton Gloves
2) By Motion Capture Gloves: Optical Motion Capture Gloves, Magnetic Motion Capture Gloves, Inertial Motion Capture Gloves
3) By Gaming Gloves: Virtual Reality (VR) Gaming Gloves, Augmented Reality (AR) Gaming Gloves, Mixed Reality Gaming Gloves
4) By Other Product Types: Rehabilitation Gloves, Industrial Gloves, Training And Simulation Gloves
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Who Are the Key Players Shaping the Virtual Reality Glove Market's Competitive Landscape?
Major companies operating in the virtual reality glove market are Noitom International Co. Ltd., Synertial Limited, Manus Prime Mocap B.V., Dexta Robotics Co. Ltd., HaptX Inc., Simulanis Solutions Private Limited, SenseGlove B.V., bHaptics Inc., BeBop Sensors Inc., CyberGlove Systems LLC, Neurodigital Technologies S.L., CaptoGlove Inc., AjnaLens Private Limited, AI Silk Technologies Private Limited, Teslasuit Inc., TouchDIVER Co. Ltd., WEART Technologies Pvt. Ltd., Gloveone Inc., Virdyn Technologies Private Limited, Udexreal Technologies Private Limited.
What Geographic Markets Are Powering Growth in the Virtual Reality Glove Market?
North America was the largest region in the virtual reality glove market in 2024. The regions covered in virtual reality glove report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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