Market OverviewIn its research report, Market Research Future (MRFR), emphasizes that the global haptic interface market 2020 is expected to grow exponentially over the review period, securing a substantial market valuation of USD 18 Billion by 2027, and a healthy 16% CAGR over the review period.Drivers and RestraintsThe global market for haptic interfaces is driven by the rising demand for gaming applications and technological advancements in the gaming industry.
However, the architecture associated with haptic interfaces is complex, which raises the cost of maintaining it restrains the global market growth.
In the healthcare field, haptic technology is currently employed to prepare doctors for different surgical procedures.
Increasing investment in private-sector research and development activities for the implementation of advanced haptic and operating systems is expected to accelerate this region's growth in the near future.Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/1542Segmental AnalysisBy technology, the market is sub-segmented into tactile feedback and force feedback.
Based on the technology, the tactile feedback segment led the global haptic interface market in 2019, owing to the use of tactile, haptic feedback technology in mobile devices, such as smartphones and tablets.
Smartphones and tablets are built-in with tactile feedback, and wearable devices such as wristbands and smartwatches have become the subject of the trend.Nonetheless, due to an improvement in the gaming experience among consumers, the force feedback segment is expected to see a higher growth rate over the forecast period.By operating systems platform, the market is sub-segmented into Windows, mobile operating systems and othersBy application, the market is sub-segmented into manufacturing industries, military & defense, gaming console, medical and healthcare, consumer electronics, automotive, and others.Regional AnalysisThe geographical overview of the global market has been conducted in four major regions, including the Asia Pacific, North America, Europe, and the rest of the world.Due to increasing smartphone ownership and consumer electronics in the world, Asia-Pacific is expected to be the dominant area on the global haptic interface market.