The Global Smart Glove Market size is expected to reach $3.9 billion by 2028, rising at a market growth of 10.0% CAGR during the forecast period.
The smart glove is an improved wearable gadget that allows users to interact with virtual items in a more intuitive and direct manner. Furthermore, the smart wearable gloves imitate sensitive inputs that may be felt by the user's hands, such as kinesthetic and tactile feedback, which simulates touching and handling goods. Smart gadgets can also be used as a fashion statement, a fitness tracker, a specific health problem monitoring device, a media device, or to connect to other digital devices.
Smart Gloves are a type of sensor technology glove that can be used for advanced and personalized solutions such as hand protection, high-tech rehab devices, and other assistive device services. Smart Gloves are microcontroller-based electronic devices that provide cutting-edge opportunities for a variety of commercial applications, including medical grade gloves and industrial grade gloves. The rise of the Internet of Things (IoT), artificial intelligence, and connected devices, as well as advancements in wearable health devices, smart personal protective equipment with GPS, wireless communication features, and in-built voice assistance, have all aided the Smart Glove Industry's growth.
Smart wearable gloves are interactive gloves that can act as a translator for those who are deaf or hard of hearing. When these gloves are connected to MATLAB, they provide a high level of gesture detection accuracy. The integration of gesture recognition will be one of the primary elements that will have a beneficial impact on the industry's growth. To map the orientation of the hand and fingers, bend sensors, Hall Effect sensors, and accelerometers are incorporated inside smart wearable gloves. As a result, the healthcare industry is widely adopting and recommending gesture-recognition smart wearing gloves for people with disabilities. These gloves assist them in translating sign language into a more human-readable text message.
The Market research report covers the analysis of key stakeholders of the Market. Key companies profiled in the report include Flint Rehabilitation Devices, LLC, Neofect, HaptX, Inc., Samsung Electronics Co. Ltd., Workaround GmbH (ProGlove), Shenzhen Seekas Technology Co., Ltd., Saebo, Inc., Dexta Robotics, and Vandrico Solutions, Inc.
By Usage
The smart glove is an improved wearable gadget that allows users to interact with virtual items in a more intuitive and direct manner. Furthermore, the smart wearable gloves imitate sensitive inputs that may be felt by the user's hands, such as kinesthetic and tactile feedback, which simulates touching and handling goods. Smart gadgets can also be used as a fashion statement, a fitness tracker, a specific health problem monitoring device, a media device, or to connect to other digital devices.
Smart Gloves are a type of sensor technology glove that can be used for advanced and personalized solutions such as hand protection, high-tech rehab devices, and other assistive device services. Smart Gloves are microcontroller-based electronic devices that provide cutting-edge opportunities for a variety of commercial applications, including medical grade gloves and industrial grade gloves. The rise of the Internet of Things (IoT), artificial intelligence, and connected devices, as well as advancements in wearable health devices, smart personal protective equipment with GPS, wireless communication features, and in-built voice assistance, have all aided the Smart Glove Industry's growth.
Smart wearable gloves are interactive gloves that can act as a translator for those who are deaf or hard of hearing. When these gloves are connected to MATLAB, they provide a high level of gesture detection accuracy. The integration of gesture recognition will be one of the primary elements that will have a beneficial impact on the industry's growth. To map the orientation of the hand and fingers, bend sensors, Hall Effect sensors, and accelerometers are incorporated inside smart wearable gloves. As a result, the healthcare industry is widely adopting and recommending gesture-recognition smart wearing gloves for people with disabilities. These gloves assist them in translating sign language into a more human-readable text message.
Market Restraining Factors
High Prices and Risk of Failure of Smart Gloves
The Market for Smart Gloves is growing as a result of substantial technological advancements that combine sensing and feedback operations to create smarter systems. As a result, commercially available devices with smart glove features are prohibitively expensive, which is a major impediment to quick adoption. Due to this, factors such as less logical investment and unavailability of some of the most advanced smart glove technology in some countries due to high cost are anticipated to limit the Smart Glove Market.Industry Vertical Outlook
Based on Industry Vertical, the Market is segmented into Healthcare, Industrial, Fitness, and Others. The healthcare segment acquired the largest revenue share in the smart glove Market in 2021. The widespread adoption of next-generation virtual reality and Internet of Things solutions has resulted in the expansion of smart glove solutions in the healthcare and fitness sectors, boosting the smart glove industry's growth. The data which these devices collect through tracking helps doctors and healthcare individuals better care for the patient.Regional Outlook
Based on Regions, the Market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. North America acquired the largest revenue share in the smart glove Market in 2021. The Market in this regions is expected to be driven by the early acceptance of IoT, large-scale deployment of a broad range of ubiquitous systems, such as wearable computing and sensor technologies across multiple business sectors, and growing consumer interest in'sensorized" fitness wearable gadgets.The Market research report covers the analysis of key stakeholders of the Market. Key companies profiled in the report include Flint Rehabilitation Devices, LLC, Neofect, HaptX, Inc., Samsung Electronics Co. Ltd., Workaround GmbH (ProGlove), Shenzhen Seekas Technology Co., Ltd., Saebo, Inc., Dexta Robotics, and Vandrico Solutions, Inc.
Recent Strategies Deployed in Smart Glove Market
- Oct-2021: HaptX entered into a partnership with Haption, a France-based producer of top-spec force feedback devices. The partnership aimed at designing unmatched levels of full-body immersion for workers in robotics, training, and industrial design. This partnership permitted Haption to put an end to the production of its HGlove haptic gloves to work solely on Market ing HaptX gloves to their client base
- Jun-2021: Dexta Robotics released Dexmo Enterprise Edition, the world's premier wireless force feedback gloves. These smart gloves empower its users to perform real-life actions with their full-hand dexterity in the virtual world. The advanced sensors equipped in the gloves enable users to feel the shape, texture, size, and stiffness of virtual objects.
- Jun-2021: ProGlove extended its partnership with Panasonic System Solutions Company, a major Japanese multinational conglomerate company. This partnership aimed to address the industry's requirement to improve logistics, warehousing and supply chain operations.
- Jan-2021: HaptX unveiled HaptX Gloves DK2, improved haptic feedback gloves featuring & ldquo;true-contact” haptic technology. These gloves offered its users the sensation of touch when they interacted with something in a VR game or app. The technology allowed them to feel the texture, size, weight, and impact of objects in a virtual environment.
- Jul-2020: ProGlove entered into a partnership with Vuzix Corporation, a key player supplying smart glasses and augmented reality (AR) technology and products. The partnership aimed at bringing together a combined product solution to meet the growing need for greater optimization and safety in industries spanning transportation, retail, logistics, and manufacturing.
- Jan-2020: Samsung Electronics America joined hands with ProGlove, a leading company involved in developing wearables. The collaboration announced a combined product solution to meet the rising need for wearable scanners in industries ranging from transportation, retail, manufacturing, and logistics. The combined solution is composed of ProGlove's MARK product family of wearable barcode scanners and Samsung's most advanced ruggedized smartphone for business-the Galaxy XCover Pro-offering enterprise users a smooth, secure flow of information,.
- Nov-2019: ProGlove formed a partnership with Ansell Limited, a key global player in providing safety solutions. The partnership aimed at designing hand protection solutions utilizing technology to establish the right personal protective equipment (PPE) compliance in the workplace.
- Jun-2019: Dexta Robotics unveiled Dexmo glove, a smart glove. These gloves are the world's first Dexo gloves, which integrate motion capture and force feedback across more than 50 generations of iterations.
- May-2019: ProGlove unveiled MARK 2, a part of the company's second generation of smart gloves. The new wearable is unique due to its Bluetooth Low Energy (BLE) connection, increased scans per second, larger scan range, and extended battery life.
- Oct-2018: Neofect unveiled NeoMano wearable robotic glove, an innovative solution that enhanced hand mobility and allows people to regain independence. The NeoMano wearable robotic glove empowered people recovering from stroke or living with multiple sclerosis, spinal cord injuries (SCI), cerebral palsy, or ALS to do everyday tasks they could not otherwise.
Scope of the Study
Market Segments Covered in the Report:
By Usage
- Specific Health Monitoring Device
- Fitness Tracker
- Media & amp; Connected Device
- Others
- Healthcare
- Industrial
- Fitness
- Others
By Geography
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Flint Rehabilitation Devices, LLC
- Neofect
- HaptX, Inc.
- Samsung Electronics Co. Ltd.
- Workaround GmbH (ProGlove)
- Shenzhen Seekas Technology Co., Ltd.
- Saebo, Inc.
- Dexta Robotics
- Vandrico Solutions, Inc.
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Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 4. Global Smart Glove Market by Usage
Chapter 5. Global Smart Glove Market by Industry Vertical
Chapter 6. Global Smart Glove Market by Region
Chapter 7. Company Profiles
Companies Mentioned
- Flint Rehabilitation Devices, LLC
- Neofect
- HaptX, Inc.
- Samsung Electronics Co. Ltd.
- Workaround GmbH (ProGlove)
- Shenzhen Seekas Technology Co., Ltd.
- Saebo, Inc.
- Dexta Robotics
- Vandrico Solutions, Inc.
Methodology
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