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market-insider · 10 months

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Cuffless Blood Pressure Monitor Trends: Empowering Health Monitoring

The global cuffless blood pressure monitor market size is expected to reach USD 1,312.5 million by 2030, according to a new report by Grand View Research, Inc. The market is expected to advance at a CAGR of 10.9% from 2023 to 2030. The increasing prevalence of hypertension is expected to drive the growth of the market for cuffless blood pressure monitors. They are a type of wearable device that can measure blood pressure without the need for a large inflatable cuff.

Gain deeper insights on the market and receive your free copy with TOC now @: Cuffless Blood Pressure Monitor Market Report

These devices are becoming increasingly popular among individuals with hypertension, as they offer a more convenient, economical, and non-invasive way to monitor blood pressure. According to the World Health Organization, over 1.28 million people aged 30-79 worldwide suffer from hypertension, with the majority residing in low and middle-income countries. The COVID-19 pandemic has led to a significant increase in the utilization of home blood pressure monitoring devices. As a result, the market experienced substantial growth during the pandemic period.

However, the demand for these devices is expected to remain strong even in the post-pandemic period, thus contributing to the market growth. A key factor for the high demand for home blood pressure monitoring devices is the prevalence of chronic diseases such as hypertension. Additionally, the rising geriatric population and the growing risk of lifestyle-associated disorders, such as obesity, among a wide population have further driven the demand for these devices. There is a high demand for cuffless blood pressure monitoring devices particularly, due to their convenience and ease of use.

The market is anticipated to expand due to the increasing rate of government approval for products, and new launches by key market players. For instance, in July 2022, LiveMetric received FDA approval for its cuffless blood pressure sensor. The device is designed as a smartwatch and can monitor blood pressure changes 24/7 by tracking the wrist's radial artery without calibration; the device has also received the CE mark in Europe.

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marketresearchanalysisblog · 1 year

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#Smart Wearable Healthcare Devices Market #Smart Wearable Healthcare Devices Market share #Smart Wearable Healthcare Devices Market size

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ad445566 · 2 years

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#proficient market insights #smart wearables for sports and #sports industry #smart wearables #sports and fitness

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niks1402 · 2 years

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#proficient market insights #smart wearables for sports and #sports industry #smart wearables #sports and fitness

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marketingnews1212 · 2 years

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Wearable Technology Market - Forecast 2021-2026

Wearable Technology Market size is forecast to reach $60.4 billion by 2026, after growing at a CAGR of 9.9% during 2021-2026.

The increasing demand for wearable devices for various applications such as medical, infotainment, fitness tracking, and so on is the major reason for the growth of the Wearable Technology market. In addition, the rising use of smartwatch phones, wearable electronics such as smart clothing, smart jewellery and so on are also driving the need for wearable devices enhancing the wearable technology market growth. Moreover, the integration of electronics to daily activities and changing lifestyle are also anticipated to propel the wearable technology market during the forecast period,

#Wearable Technology Market share #smart jewellery #Wearable Technology Market industry #smart clothing #Wearable Technology Market size #Wearable Technology Market price

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delicatemagazinedreamer · 2 years

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Wearable Computing Devices Market Size, Status, Top Emerging Trends, Growth and Business Opportunities 2028

The market for wearable computing devices is divided into regions and applications. Consumer applications and non-consumer applications make up the market's application segmentation. Smart glasses, smart clothing, activity trackers, smart watches, wearable cameras, gaming devices, and other items are further broken down into the consumer applications section.

Healthcare, defence, and industrial applications are categorised as non-consumer applications. Over the projected period, rising consumer use of smart fitness equipment, smart watches, and activity trackers in various fitness activities is anticipated to propel the growth of the consumer applications sector. The Wearable Computing Devices Market is divided into five regions according to geography: North America, Europe, Asia Pacific, Middle East & Africa, and South America.

Read more @ https://creativeedge16.blogspot.com/2022/08/wearable-computing-devices-market.html

#Wearable Computing Devices #Wearable Computing Devices Market #Wearable Computing Devices Market Growth #Smart Technologies #Coherent Market Insights

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marketintellix-24 · 2 years

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Our Latest Research Report on Global Smart Wearable Devices Market| Market Intellix

The research report on the exploration study offers in-depth assessment of 'Global Smart Wearable Devices Market' by Player and helps market participants to gain strong insights of the industry to make valuable decision. It's highlights this business vertical by talking about the key growth trends, challenges and restraints and other opportunities.

#Smart Wearable Devices Market

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materialsscienceandengineering · 9 months

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A smart color-changing flexible battery with ultra-high efficiency

With the rapid growth of the smart and wearable electronic devices market, smart next-generation energy storage systems that have energy storage functions as well as additional color-changing properties are receiving a great deal of attention. However, existing electrochromic devices have low electrical conductivity, leading to low efficiency in electron and ion mobility, and low storage capacities. Such batteries have therefore been limited to use in flexible and wearable devices. On August 21, a joint research team led by Professor Il-Doo Kim from the KAIST Department of Materials Science and Engineering (DMSE) and Professor Tae Gwang Yun from the Myongji University Department of Materials Science and Engineering announced the development of a smart electrochromic Zn-ion battery that can visually represent its charging and discharging processes using an electrochromic polymer anode incorporated with a "π-bridge spacer," which increases electron and ion mobility efficiency. Their research was published as an inside cover article for Advanced Materials on August 3 under the title, "A π-Bridge Spacer Embedded Electron Donor-Acceptor Polymer for Flexible Electrochromic Zn-Ion Batteries."

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tamapalace · 10 months

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Takahiro Mizuno, Director and Chief Tamagotchi Officer at Bandai Japan Featured in Nikkei Business Publications Article on Tamagotchi Uni

Nikkei Business Publications is a book and magazine publisher based in Tokyo, Japan which also features a website on all things business. With Tamagotchi gearing up for the next major anniversary, and the release of the Tamagotchi Uni, Nikkei Business Publications featured an article about the Tamagotchi Uni, and even spoke with Takahiro Mizunio, Director and Chief Tamagotchi Officer, and Hirohiko Sekito, Global Toy Planning Department Planning Team Manager.

The article reviews the new Tamagotchi Uni and how it features Wi-Fi connectivity, along with pink and purple shell colors which are popular amongst generation Z. With the Tamagotchi brand a few years away from the 30th anniversary, it is not uncommon to see three generations of Tamagotchi-loving family fans.

Throughout the years, there have been releases of Tamagotchi in select markets, but regular market updates were limited to the Japan market. One of the features of the Tamagotchi Uni is that this is a global model that unifies all design and play content.

Mr. Takahiro Mizuno, Chief Tamagotchi Officer explains the the reason why it became the same model worldwide. As the Tamagotchi Original was re-released in North America, the Tamagotchi was discovered more and more and people starting enjoying it as a fashion item instead of accessories, inflicters and celebrities wore them. Would you look at that, the Tamagotchi Original was a huge influence for a global release, remember that!

It was widely recognized not only by those who play with it, but also the young people of generation Z who were unaware of the trends. It means a lot that Tamagotchi fans all over the world can play with the same model! We agree!

Tamagotchi Original has become a mega-hit product with shipments of approximately 4.4 million units in Europe and the United States between 2018 and 2022. In 2022 they were released again in Japan, sold in WEGO stores for the young demographic, and succeeded in acquiring a new target for people in their teens and twenties. “I feel that a new brand value has been created,” says Mr. Mizuno.

The Tamagotchi Smart was the first wearable model which returned to the original concept of caregiving play and was a model that was more enjoyable to play alone. However the spread of online culture due to COVID-19 has boosted the installation of Wi-Fi in the Tamagotchi Uni.

Mr. Daihiko Sekito of Bandai, who was in charge of planning, recalls, "I wanted to create an environment where I could communicate with fans around the world with my own Tamagotchi. The Wi-Fi function that allowed me to connect to the Internet was essential.”

The Wi-Fi function uses IoT service of Amazon Web Services, designed to withstand the connection of more than 1 million units worldwide. Mr. Mizuno says, "It's great to be able to update and add functions. Adding fun will make it a model that you can play for a longer time than before." Although it is such a small device, it has become a platform like a smartphone.

There are also opportunities to interact with influencers and talents who acted as image characters for this promotion. Limited-time game events are held at Tama Arena, and event information is available via the cloud.

In the medium-term plan that started in 2022, we set the goal of “Connect with Fans” and set the goal of deepening global connections centered on IP (intellectual property).”I think that the environment for Japanese products to sell overseas has become even better. Now is the perfect opportunity for the BANDAI NAMCO Group to increase the value of its IP. I would like to ride this trend and expand Tamagotchi more and more." Mr. Mizuno)

It is very interesting to see both Takahiro Mizuno and Daihiko Sekito of Bandai interacting with the Tamagotchi Uni together, and with Tamagotchi Uni packaging from outside of Japan. This was an awesome article that really provides some additional insight into the Tamagotchi Uni and how the COVID-19 pandemic accelerated the development of a Tamagotchi that connects the globe together.

#tamapalace #tamagotchi #tmgc #tamagotchiuni #tamagotchi uni #uni #tamatag #virtualpet #bandai #nikkeibusinesspublications #nikkei business publications #nikkei #takahiromizuno #takahiro mizuno #daihikosekito #daihiko sekito #cto #chieftamagotchiofficer #chief tamagotchi officer

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softwaredevelopmentindia-one · 2 months

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Empowering Digital Innovation: Microlent Systems' Comprehensive Web Development Services

Microlent Systems

In an era dominated by digital transformation, businesses are relentlessly pursuing innovation to stay ahead in their respective markets. Amid this digital race, Microlent Systems emerges as a beacon of technological advancement and a pioneer in web development services. With a robust portfolio that spans web application development, TV application development, wearable technology solutions, enterprise solution development, AI/ML-based solutions, and IoT/hardware integrated solutions, Microlent stands at the forefront of enabling businesses to unlock their full potential in the digital landscape.

Web Application Development: A Cornerstone for Digital Success At the heart of Microlent's services lies its web application development expertise. In understanding the critical role that web applications play in today's business ecosystems, Microlent delivers bespoke solutions that are not just about coding and deployment but about creating a digital experience that resonates with end-users. From e-commerce sites that handle millions of transactions to SaaS platforms that automate business processes, Microlent's approach is to build scalable, secure, and dynamic web applications that drive user engagement and business growth.

Revolutionizing Television with TV Application Development The television industry is undergoing a transformation, with digital platforms and OTT services changing the way content is consumed. Microlent's TV application development service is tailored to meet this new wave of demand. By focusing on user experience, Microlent helps content providers, telecoms, and OTT platforms deliver applications that are intuitive, engaging, and accessible across devices, ensuring content reaches viewers worldwide in the most effective manner possible.

Pioneering in Wearable Technology with Android and Apple Watch Application Development As wearable technologies become an integral part of our daily lives, Microlent is at the helm of developing innovative applications for Android and Apple Watch devices. These applications are not just about extending smartphone functionalities to one's wrist but are designed with a focus on health, fitness, productivity, and lifestyle, ensuring users have a seamless and enriched wearable experience.

Enterprise Solution Development: Catalyzing Business Transformation Microlent recognizes the challenges businesses face in adapting to rapidly changing market conditions. Its enterprise solution development services are focused on building robust, cutting-edge solutions that enable businesses to streamline operations, enhance efficiency, and maintain competitive advantage. Whether it's through CRM systems, ERP solutions, or custom software tailored to specific business needs, Microlent's solutions are a catalyst for digital transformation.

Leading the Way in AI/ML-Based Solutions In the realm of artificial intelligence and machine learning, Microlent is a trailblazer, providing cutting-edge solutions that drive innovation across industries. From predictive analytics and natural language processing to computer vision and intelligent automation, Microlent leverages the latest in AI and ML technologies to help businesses unlock new opportunities, enhance decision-making, and create value in ways never before possible.

Bridging the Physical and Digital with IoT/Hardware Integrated Solutions Microlent's expertise extends into the burgeoning field of IoT and hardware-integrated solutions, where the physical and digital worlds converge. By enabling smart interactions between devices, systems, and services, Microlent's solutions facilitate enhanced data collection, real-time monitoring, and automated control, driving efficiency, sustainability, and innovation across sectors.

Conclusion In the constantly evolving digital landscape, Microlent Systems stands out as a partner of choice for businesses looking to harness the power of technology for growth, innovation, and digital transformation. With a commitment to excellence, a passion for innovation, and a comprehensive suite of web development services, Microlent is dedicated to empowering businesses to achieve their digital aspirations.

#india #software development #mobile app development #mobile app development company in india #web design india #softwaredevelopment #web development

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wpeventmanagersblog · 4 months

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How to Optimize Your Website for Voice Search in 2024

In the dynamic realm of digital marketing, staying attuned to emerging trends is pivotal for maintaining a competitive edge. As we delve into 2024, one such trend taking center stage is the increasing prevalence of voice search. This article guides you through the process of optimizing your website to align seamlessly with the evolving landscape of voice-activated technology.

Introduction

Voice search, fundamentally, involves using spoken language to initiate online searches rather than traditional typing. The ubiquity of virtual assistants like Siri, Alexa, and Google Assistant has propelled voice search into mainstream usage. In 2024, the significance of this trend is more pronounced than ever, prompting website owners and businesses to adapt their strategies accordingly.

Understanding Voice Search Trends

Understanding the landscape of voice search begins with acknowledging the statistics that underline its increasing popularity. Recent studies indicate a substantial rise in the use of voice-activated technology for various online tasks. Moreover, voice search is not confined to smartphones; it extends to smart speakers, wearables, and even vehicles, diversifying the devices supporting this mode of search.

Importance of Optimizing for Voice Search

Beyond the statistics, the compelling reasons to optimize for voice search lie in the realm of user experience and SEO rankings. Optimizing for voice search enhances user experience by providing a more natural and convenient interaction with your website or content. Additionally, search engines now factor voice search into their algorithms, meaning websites optimized for this mode are more likely to rank higher in search results.

Key Strategies for Voice Search Optimization

To effectively optimize for voice search, several key strategies come into play. First and foremost is the utilization of natural language. Given the conversational nature of voice searches, aligning your content with how users naturally speak enhances the likelihood of a match. Mobile optimization is equally critical, as a significant portion of voice searches originates from mobile devices. Local SEO strategies also play a crucial role, particularly for businesses aiming to enhance their visibility in local searches.

Structuring Content for Voice Search

Structuring your content to cater to voice search involves incorporating long-tail keywords, crafting content in the form of FAQs, and adopting a conversational tone. Long-tail keywords mirror the way users phrase voice queries, while FAQs and a conversational tone align with the natural language users employee when interacting with voice-activated devices. Additionally, optimizing for featured snippets increases the likelihood of your content being selected as the answer to a voice search query.

Technical Considerations

On the technical front, implementing schema markup is essential. Schema markup provides search engines with structured data, facilitating a better understanding and presentation of your content in voice search results. Moreover, considerations like page speed and accessibility contribute to an overall positive user experience, a critical factor in voice search optimization.

Voice Search and Local Businesses

For local businesses, voice search presents a unique opportunity to enhance visibility. Emphasizing local keywords, creating location-specific content, and ensuring accurate business information online are essential steps for local SEO in the context of voice search.

Staying Ahead with Voice Search Updates

As voice search algorithms continue to evolve, staying informed about updates becomes crucial. Adapting content strategies based on emerging voice search trends ensures that your optimization efforts remain effective and relevant in the ever-changing digital landscape.

Measuring Voice Search Performance

Utilizing analytics tools allows for the measurement of voice search performance. Tracking key metrics enables data-driven decision-making, providing insights into the effectiveness of your voice search optimization efforts.

Challenges and Solutions

Challenges in voice search optimization include overcoming language barriers and addressing privacy concerns. Multilingual optimization ensures a broader reach, while proactive measures to address privacy concerns build trust with your audience.

The Future of Voice Search

Looking ahead, voice search is likely to intertwine with emerging technologies such as artificial intelligence and augmented reality. Anticipating this future landscape prepares businesses for the continued evolution of digital interactions and their impact on SEO.

Conclusion

In conclusion, optimizing your website for voice search is not merely an option but a necessity in 2024. From understanding user behavior to implementing technical enhancements, each aspect contributes to a holistic strategy for success. As you embark on this journey, remember that voice search optimization is an ongoing process. Stay proactive, embrace changes, and witness the positive impact on your digital presence.

FAQs

Q: What are the main benefits of optimizing for voice search?

A: Optimizing for voice search enhances user experience, improves SEO rankings, and ensures your website remains competitive in the digital landscape.

Q: How can local businesses leverage voice search for better visibility?

A: Local businesses can optimize for voice search by incorporating local keywords, creating location-specific content, and ensuring accurate business information online.

Q: Are there any tools specifically designed for voice search optimization?

A: Yes, several tools assist in voice search optimization, including keyword research tools, analytics platforms, and schema markup generators.

Q: Can voice search optimization improve website traffic?

A: Absolutely. By aligning with user search behavior and search engine algorithms, voice search optimization can increase organic traffic to your website.

Q: What steps can I take to ensure my website is voice search-friendly?

A: Ensure mobile optimization, use natural language in content, implement schema markup, and focus on local SEO to make your website voice search-friendly.

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govindhtech · 6 months

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The 2022 DRAM Module Supplier of the Year is Kingston Technology

Kingston Technology created 2022 DRAM Module Supplier of the Year

Commanding the Market: Kingston’s Unassailable 78.12% Market Share

In a resounding affirmation of its industry prowess, Kingston Technology Company, Inc.’s affiliate stands tall as the paramount third-party DRAM module supplier for 2022. The latest revenue-based rankings by TrendForce unequivocally place Kingston at the zenith, boasting an astounding 78.12% market share, with a revenue totaling $13.5 billion USD. This achievement not only cements Kingston’s top-tier status but also marks an unparalleled 20-year reign as a recognized world leader.

A Decades-Long Reign: 20 Years at the Pinnacle

The enduring success of Kingston Technology is underscored by its two-decade-long dominance in the DRAM module sector. The company’s unbroken streak at the forefront speaks volumes about its unwavering commitment to excellence and innovation.

TrendForce Report: A Global Recognition of Kingston’s Supremacy

The accolades bestowed upon Kingston in the TrendForce report are a testament to its resilient performance in the face of a challenging market. Despite a 4.6% year-over-year decline in DRAM module sales industry-wide, Kingston’s revenue experienced a marginal dip while solidifying its position as the global leader.

The Power of Brand Scale: Kingston’s Robust Strategy

Consumer buying trends for electronic products encountered headwinds from high inflation, impacting several market players. However, Kingston’s robust brand scale and a comprehensive product supply chain acted as a shield, mitigating the decline and preserving its preeminence in market share rankings.

Market Landscape: Kingston’s Commanding Presence

The report reveals that the top five memory module houses globally accounted for a staggering 90% of total sales in 2022. Kingston, with its dominant market share of 78.12%, emerges as the indisputable leader. The chart below, sourced from TrendForce, outlines the rankings of the top 10 DRAM module suppliers in 2022.

Innovation Beyond Boundaries: Kingston’s Product Evolution

In 2022, Kingston’s award-winning Kingston FURY Beast DDR5 and Renegade DDR5 memory modules underwent a transformative redesign. The introduction of white heat spreaders offers users the freedom to choose the color that best aligns with their individual style. In an era where system aesthetics matter, Kingston provides modules that complement both traditional all-black systems and the burgeoning trend of all-white PCs.

Insights from Kingston: Navigating a Demanding Business Landscape

Iwona Zalewska, DRAM Business Manager at Kingston, EMEA, reflects on the 2022 findings from TrendForce. “The findings not only highlight Kingston’s ongoing expansion and adaptability but also underscore our resilience and significance within the industry,” she remarks. “Maintaining our top position for the 20th consecutive year is a testament to our enduring dominance.”

About Kingston Technology Europe Co LLP

Kingston Technology Europe Co LLP, alongside Kingston Technology Company, Inc., operates within the same corporate group. Kingston stands as the world’s largest independent manufacturer of memory products. From big data solutions to laptops, PCs, and IoT-based devices like smart and wearable technology, Kingston plays a pivotal role in delivering the technology that shapes our daily lives. The world’s foremost PC manufacturers and cloud-hosting companies rely on Kingston for their manufacturing needs, showcasing the trust placed in Kingston’s passion-fueled technology.

Read more on Govindhtech.com

#DRAM #KingstonTechnology #KingstonTechnologyCompany #DRAMmodule #fivememory #KingstonFURY #BeastDDR5 #PCs #DDR5memory #technews #technology #govindhtech

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strangemusictriumph · 2 years

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Smart Glove Market - Forecast (2021 - 2026)

The Smart Glove Market size is analyzed to grow at a CAGR of 9.6% during the forecast 2021-2026 to reach $4.67 billion by 2026. Smart Glove is considered as a wide range of Sensor technology gloves for advanced and customized solutions, such as hand protection, high-tech rehab device and other assistive device services. The Smart Gloves are designed electronic devices with microcontrollers to offer avant-garde opportunities for various kinds of application suitable to the business requirements, including industrial grade gloves and medical grade gloves, and thus, contribute to the Smart Glove market growth. The rapid prominence of the Internet of Things (IoT), artificial intelligence and connected devices, along with the increasing innovations in wearable health devices, smart personal protective equipment, integrated with GPS, wireless communication features and in-built voice assistance have supported the Smart Glove Industry development successfully. In fact, the growth of the market is also observed due to the growing advancement of the Bluetooth chip, flex sensors, microcontroller, and accelerometer. Furthermore, the progression of microencapsulation and nanotechnology pave the way for sensor technology which offers lucrative growth possibilities. The influx of brands like Samsung, Apple, and Fossil are broadening the functionalities, which further promotes Smart Glove Market.

Smart Glove Market Report Coverage

The report: “Smart Glove Industry Outlook – Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the Smart Glove Industry.

By Offerings: Software and Service By Application: Fitness & Wellness, Specific Health Monitor, Infotainment, Ergonomic wearable and others By Industry Verticals: Pharmaceuticals & Healthcare, Food & Beverages, Enterprise and Industrial, Consumer Electronics and others By Geography: North America (U.S, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Russia and Others), APAC(China, Japan, India, South Korea, Australia and Others), South America(Brazil, Argentina and others)and RoW (Middle east and Africa).

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Key Takeaways

The growing demand of wearable medical devices owing to the increasing awareness on fitness and a healthy lifestyle along with prominence of connected devices in Healthcare, contribute to the growth.

Asia Pacific is estimated to hold the highest share of 40% in 2020, followed by North America, owing to the significant adoption of IoT, large scale implementation of a wide range of ubiquitous systems, such as wearable computing and sensor technology across the several business verticals.

The advancements in consumer electronics with a wide range of technical advantages, including touch sensitive features and miniature designs, resulted into the market growth.

Smart Glove Market Segment Analysis – By Industry Verticals

By Industry Verticals, the Smart Glove Market is segmented into Pharmaceuticals & Healthcare, Food & Beverages, Enterprise and Industrial, Consumer Electronics and others. The Enterprise and Industrial segment held the major share of 37% in 2020, owing to the propensity for cutting-edge products and significant investment to pursue radical evolutions in commercial applications. In order to address the growing requirement of several end users across automotive, oil & gas, manufacturing and logistics, customizable smart gloves with built-in scanners are introduced for more effective operations. In April 2019, the manufacturer of a smart, wearable technology, ProGlove, unveiled its MARK 2 to a U.S. audience ProMat in Chicago. The new MARK 2 enables the user to scan up to 5 feet away from a device and can connect to a corporate network via Bluetooth Low Energy (BLE), with up to 15-hour charge battery. ProGlove provides hands-free scanning solutions across a number of industries, and thus, in September 2020, Panasonic announced a partnership with ProGlove, to combine the mobile computing solutions of the two companies in order to offer rugged, innovative and user-friendly wireless barcode scanners. The strategic collaboration is also formulated to deliver seamless as-a-stand-alone scanning solution with an embedded Panasonic’s voice picking solutions for the warehouse operations, supply chain, and inventory checking. Therefore, the growing demand of integrated gesture sensor solutions for dynamic workstations, and a more efficient working environment accelerated the demand of Smart Glove Market.

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Smart Glove Market Segment Analysis – By Geography

Asia Pacific is estimated to hold the highest share of 40% in 2020, followed by North America in Smart Glove Market. The early adoption of IoT, large scale implementation of a wide range of ubiquitous systems, such as wearable computing and sensor technology across the several business verticals, along with the growing interest of consumers towards ‘sensorized’ fitness wearable devices are estimated to drive the market in these regions. Furthermore, numerous research investments propel the innovations of soft and stretchable electronics design that propel a competitive edge to smart wearable solutions. In January 2021, HaptX Inc. announced the release of HaptX Gloves DK2. The HaptX Gloves DK2 is an upgraded design and the world's most advanced haptic feedback gloves, which deliver unprecedented realism, with more than 130 points of tactile feedback per hand. These gloves have astoundingly real-life superpowers with VR, XR, and robotics technologies to meet the demand of various enterprises for quality requirements. Hence, the promising demand of industrial wearable and other smart personal protective equipment in these regions are estimated to drive the Smart Glove Market.

Smart Glove Market Drivers

Growing prominence of healthcare wearable

The growing demand of wearable medical devices owing to the increasing awareness on fitness and a healthy lifestyle along with prominence of connected devices in Healthcare, contribute to the growth of Smart Glove Market. Moreover, the rise of high-tech devices to usher clinical-grade wearable with 3G and 4G connection led to various viable solutions. In July 2020, UCLA bioengineers designed a glove-like device that can translate American Sign Language (ASL) into English speech in real time through a smartphone app. The entire system is integrated upon a pair of gloves with thin, stretchable sensors to translate hand gestures into spoken words. Hence, the sizable demand of personalized care, specific health issue monitoring devices and user-friendly, compact medical wearable propelled the growth of the Smart Glove Market.

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Advancements in consumer electronics

The advancements in consumer electronics with a wide range of technical advantages, including touch sensitive features and miniature designs, resulted into the growth of Smart Glove Market. The advent of digitalization and latest development in sensor technology to enhance user performances is further driving the market. In April 2019, British music tech company Mi.Mu, founded by Grammy award-winning artist Imogen Heap announced the release of newly designed Mi.Mu gloves, allowing artists to map hand gestures to music software. The new gloves of Mi.Mu are durable with a removable battery system that offers artists complete control over their musical performances. Moreover, the breakthrough innovation in microfibre sensor technology offers strain sensing capabilities that provides gesture-based control. In August 2020, A team of researchers from the National University of Singapore (NUS), led by Professor Lim Chwee Teck, developed a smart glove, known as 'InfinityGloveTM', which enables users to mimic numerable in-game controls using simple hand gestures. Therefore, the launch of sophisticated wearable electronics products, extensive glove's capabilities and rising usage of convenient-to-use devices are some of the factors that are estimated to drive the Smart Glove Market.

Smart Glove Market Challenge

High price of Smart Glove solution

The market of Smart Glove is expanding due to the significant technologies development, using the amalgamation of sensing and feedback operation to denote smarter systems. Thus, the commercially available devices, pertaining to smart glove features are prominently expensive, which is a major constraint that demotivated the rapid adoption. Thus, factors such as less sensible investment and unobtainability of some of the latest smart gloves technology around some regions due to high cost are likely to restrict the Smart Glove Market.

Market Landscape

Partnerships and acquisitions along with product launches are the key strategies adopted by the players in the Smart Glove Market. The Smart Glove Market top 10 companies include Apple Inc, Flint Rehab, Haptx, Lab Brother Llc, Maze Exclusive, Neofect, Samsung Electronics Co Ltd, Seekas Technology Co., Ltd, Vandrico Solution Inc, ProGlove, Workaround Gmbh and among others

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Acquisitions/Technology Launches/Partnerships

In December 2019, HaptX, the leading provider of realistic haptic technology announced the partnership with Advanced Input Systems along with a Series A financing round of $12 million. This acquisition provides a great opportunity for HaptX as they can finance the production of the next generation of HaptX Gloves, which represents the world’s most realistic gloves for virtual reality and robotics, coupled with product development, manufacturing, and go-to-market collaboration.

In November 2019, Ansell Limited, a leading provider of safety solutions, announced a partnership with ProGlove, a renowned industrial wearable manufacturer. The acquisition is formed to deliver advanced hand protection solutions to ensure the personal protective equipment (PPE) compliance in the workplace.

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#Smart Glove Market price #Smart Glove Market Forecast #Smart Glove Market Growth #Smart Glove Market Report #Smart Glove Market Research #Smart Glove Market Share #Smart Glove Market Size #Smart Glove Market Trend #Smart Glove Market Outlook

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