The Haptic Technology Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Haptic Technology Market?
The haptic technology market has seen substantial growth in the past years, expanding from $9.72 billion in 2024 to $10.37 billion in 2025. This growth represents a compound annual growth rate (CAGR) of 6.7%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Haptic Technology Industry?
The Haptic Technology Global Market Report 2024 predicts that by 2029, the haptic technology market will reach $15.25 billion, growing at a compound annual growth rate (CAGR) of 10.1%.
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What are the Key Growth Drivers Fueling the Haptic Technology Market?
The key drivers in the haptic technology market are:
• Expansion in augmented reality (AR) and virtual reality (VR) applications
• Integrating haptic technology with Internet of Things (IoT)
• The growing adoption of remote work and collaboration
• Advancements and growth in automotive Human-Machine Interface (HMI)
Global Market Segmentation: Identifying Major Haptic Technology Industry Segments
The haptic technology market covered in this report is segmented –
1) By Component: Solution, Software
2) By Device Type: Active Haptics, Passive Haptics
3) By Feedback Type: Tactile, Force
4) By Touch Screen Technology Type: Capacitive, Resistive, Other Technologies
5) By Application: Consumer Electronics, Gaming, Healthcare, Robotics, Education, Research, Other Applications
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What are the Emerging Trends Shaping the Future of the Haptic Technology Market?
The key trends in the haptic technology market are:
• The expansion in AR and VR applications is shaping the future of the haptic technology market.
• The integration of Internet of Things (IoT) is a significant trend in this market.
• Advancements in wearable tech and haptic feedback customization are key emerging trends.
• The development of advanced tactile displays and the trend towards sustainability in haptic technology are influencing the market's future.
Who Are the Top Competitors & Leading Players in the Haptic Technology Market?
The major players in the haptic technology market are:
• Samsung Electronics Co
Regional Dominance: Which Area Leads the Global Haptic Technology Market?
North America was the largest region in the haptic technology market in 2024
