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Smart Wearable Gloves Market

Smart wearable gloves are electronic devices with microcontrollers worn on hands as an accessory. This design incorporates practical functions as well as features. These smart devices can be used as a fashion statement, fitness tracker, specific health issue monitoring device, media device, or can be connected to other smart devices. The market encompasses smart technology based devices worn for an extended time with the user experience significantly enhanced by having advanced circuitry, wireless connectivity, and independent processing capability.

Technavio’s analysts forecast the global smart wearable gloves market to grow at a CAGR of 15.27% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global smart wearable gloves market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

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

Technavio’s report, Global Smart Wearable Gloves Market 2017-2021, 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.
Inquire for the Discount at: https://www.marketinsightsreports.com/reports/08187835/global-smart-wearable-gloves-market-2017-to-2021/discount

Key vendors
• Blue Infusion Technology
• NEOFECT
• ProGlove

Other prominent vendors
• Flint Rehab
• Saebo
• WerbeCafé

Market driver
• Higher rate of smartphone adoption
• For a full, detailed list, view our report

Market challenge
• Packaging challenges
• For a full, detailed list, view our report

Market trend
• Technological developments leading to decline in costs
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 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?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

 

 

Technavio Announces the Publication of its Research Report – Global Smart Wearable Gloves Market 2017-2021
Order Full Report at: https://www.marketinsightsreports.com/report/purchase/08187835?mode=su

 

Technavio recognizes the following companies as the key players in the global smart wearable gloves market: Blue Infusion Technology, NEOFECT, and ProGlove.

Other Prominent Vendors in the market are: Flint Rehab, Saebo, and WerbeCafé.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is technological developments leading to decline in costs. The market for tech-based wearables is open to anyone with an idea to innovate. Upgrading any technology on a continuous pace with innovations makes the existing one outdated. Also, products with an outdated technology are not preferred over the latest version technology.”

According to the report, one driver in the market is higher rate of smartphone adoption. The smartphone market experienced a rapid growth in 2016. An increasing number of devices are connected to the Internet to exchange data using smartphones with the rising number of smartphone users. Smartphones have become the hub of information for users. Among such smart devices, smart wearable devices are expected to increasingly share data using smartphones. One of the examples of smart devices that are compatible with smartphones is Emotive Insight, a device worn on the head, that can transmit meaningful brainware data wirelessly to a smartphone with high spatial resolution.

Further, the report states that one challenge in the market is packaging challenges. Smart wearable gloves are small and enabled by the miniaturization and integration of components that provide a smart design feature. Components such as sensors and computer chips continue to grow smaller as the capability of smart wearable gloves is increased. Packaging various small components in a unit device becomes difficult when the glove is meant for multiple functionalities. If the expected feature demands for a couple of components to be installed, then either the size of the device is increased or the glove is compromised with less feature installation.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit- https://www.technavio.com/report/global-smart-wearable-gloves-market

Technavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit- https://www.technavio.com/industries/power
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Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.

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