Tactile VR Market Size

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Report ID: 2929
Published Date: Dec 23, 2024
Report Format: PDF, PPT

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Global Market Size, Forecast, and Trend Highlights Over 2025-2037

Tactile VR Market size was valued at USD 588.19 billion in 2024 and is expected to reach USD 7.47 trillion by 2037, registering around 21.6% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of tactile VR is assessed at USD 696.18 billion.

The growth of the market can be attributed to upsurge demand and usage of robotics across various end use industries. Moreover, natural exploration along with continuous research and development activities in the field of virtual reality is expected to have a positive impact on the market. Tactile VR involves the combination of tactile material and virtual reality to explore the concept of tangible data. According to a recent data published by The International Federation of Robotics, almost 2 million new units of industrial robots are expected to be installed in factories across the globe from the year 2020 to 2022.

Browse key industry insights with market data tables & charts from the report:

Tactile VR Market Size & Share, Growth Forecasts 2037

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of tactile VR is assessed at USD 696.18 billion.

Tactile VR Market size was valued at USD 588.19 billion in 2024 and is expected to reach USD 7.47 trillion by 2037, registering around 21.6% CAGR during the forecast period i.e., between 2025-2037.

Asia Pacific industry is expected to account for largest revenue share by 2037, owing to rising disposable income, along with increased adoption rate of consumer devices.

The major players in the market are Force Dimension, Geomagic, Inc., Immersion Corporation, Hapton S.A., MK Electronics, HaptX Inc. and Texas Instruments Inc., and, among others.