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Haptics is a tactile feedback technology through which end-users are able to perceive touch sensations when using electronic devices. Immersion currently monopolizes the global market for haptic technology in mobile devices and generates revenue by licensing their patented solutions to mobile device OEMs. Upcoming factors like the advent of HD haptics are expected to result in this market’s profound growth rate of more than 29% by 2019.
The augmented demand for interactive sensory experience is a significant factor that is expected to drive market growth during the forecast period. To make human-computer interactions more natural, the device manufacturers are now using advanced actuator and sensors. These sensors enhance users’ experience by creating vibrations synchronized with touch actions and, therefore, augment the demand for tactile feedback in mobile devices during the forecast period.
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