Haptic Technology for Mobile Devices Market is Dazzling Worldwide and Forecast to 2030

The global haptic technology for the mobile devices market is expected to grow at a significant CAGR of 18% during the forecast period (2021-2027). The major factors propelling the growth of the global haptic technology for mobile devices market include the rising demand for smartphones and mobile phones and growing Internet of Things (IoT) penetration. According to the Consumer Technology Association (CTA) approximately 165 million units of smartphones were estimated to be sold in 2020 with a rise of 2% from 2019. Additionally, the rising adoption of new and innovative haptic technologies by users will boost the growth of the market. The adoption of haptic technology supports human and computer interactions in real-time. Advanced actuators and sensors are used in haptic technology. When compared to other sensing technologies that are confined to vision and audio, haptic sensing is superior. When customers utilize these electronic gadgets and have a virtual experience, this technology provides strong touch sensations. These modern haptic technologies give haptic feedback, which employs sophisticated vibration to transmit information to users, as opposed to a traditional touch screen, which has no feedback features.

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Several major players in the market are strengthening their market presence by adopting various strategies such as product launches and developments, mergers and acquisitions, partnerships, and agreements. For instance, in February 2021, Qualcomm Inc. announced its partnership with Lofelt to improve haptic technology through software (over hardware). This new haptic feedback feature will be available on Android phones running the Snapdragon 888 chipset.

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• Market Coverage


• Market number available for – 2025-2031


• Base year- 2025


• Forecast period- 2025-2031


• Segment Covered- By Source, By Product Type, By Applications


• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill


• , and others

Global Haptic Technology for Mobile Devices Market - Segmentation

By Type

• Actuators


• Drivers and Controllers


• Software


• Others

By Application

• Smartphones


• Tablets


• Others

Global Haptic Technology for Mobile Devices Market - Segmentation by region

North America

• US


• copyright

Europe

• Germany


• UK


• France


• Spain


• Italy


• Rest of Europe

Asia-Pacific

• China


• Japan


• India


• Rest of Asia-Pacific

Rest of the World

• Latin America


• Middle East and Africa

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