The global VR glove market is expected to post a CAGR of 82.2% during the forecast period.VR gloves are likely to avoid the slow market entrance due to the low lifespan of the next-generation technology. In the current market, the technology is upgraded every five years, due to which VR gloves will soon become a necessity, rather than a luxury, in order to avoid technology stagnation.As the awareness of VR is the highest among Spanish population (at 92%),Technavio predicts that Spain will be the fastest growing market for VR gloves

during the forecast period.A number of vendors are expected to enter the market during the forecast period.This will eventually lead to price wars, resulting in declining average selling price (ASP).Crowdfunding is one of the major sources to raise funds for VR projects. It helps in encouraging new entrants in the market, increasing competition and reducing the price of devices. It also allows the vendors to anticipate the demand for their products, directly communicate with potential buyers, and contribute to the product development stage. This is likely to help vendors build the right products for the market.

PART 01: Executive summary 6

Highlights 6

PART 02: Scope of the report 7

Market overview 7

Base year 7

Vendor segmentation 7

Summation errors 7

Top-vendor offerings 8

PART 03: Market research methodology 9

Research methodology 9

Economic indicators 9

PART 04: Introduction 10

Key market highlights 10

PART 05: Market landscape 12

Market overview 12

Product life cycle 13

Market size and forecast 14

Five forces analysis 17

PART 06: End-user industry 18

Gaming 18

Entertainment 19

Industrial 19

Military and aviation 21

Healthcare 22

Education 23

PART 07: Market segmentation by technology adopter 24

Global VR glove market by technology adopter 24

Innovators 25

Early adopters 27

Early majority 29

Market segment comparison 31

Global VR glove market by geography 32

PART 08: Geographical segmentation 32

VR glove market in Americas 33

VR glove market in EMEA 35

VR glove market in APAC 37

Market segment comparison 39

PART 09: Key leading countries 40

Key leading countries in global VR glove market 40

PART 10: Buying criterion 42

PART 11: Market drivers 44

Increased penetration of VR headsets and consoles 44

Growth in number of VR users 44

Enhanced consumer experience 45

Technological advantages 45

PART 12: Impact of drivers 47

PART 13: Market challenges 48

PART 14: Impact of drivers and challenges 50

PART 15: Market trends 51

PART 16: Vendor landscape 53

Competitive scenario 53

Other prominent vendors 56

PART 17: Appendix 57

List of abbreviations 57

PART 18: Explore Technavio 58