Haptic Technology Market Size, Share, Trends, Forecast, & Growth Analysis
The haptic technology market was estimated at USD 3.07 billion in 2022 and is likely to grow at a CAGR of 11.89% during 2023-2028 to reach USD 6.07 billion in 2028.
Market Dynamics
These factors are expected to boost the demand for the market in the coming years:
Major factors contributing to the growth of the global haptic technology market are the growing utilization of haptic technology in mobiles, cars and IoT appliances to achieve improved product design.
And operating accuracy along with several benefits offered by it, such as greater sound, touch, and visual effects in touchscreen devices.