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Haptic Technology Approaches $52 Billion by 2018

The haptic touch technology market will grow at a CAGR of 41% between 2013 and 2018, ending the forecast period with revenues of almost $51.8 billion. Smartphones and virtual interfaces will be the main revenue drivers, says report author Marketsandmarkets. The firm’s haptic touch report can be purchased at http://tinyurl.com/nayv45w.

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Jargon:

Haptic touch refers to various tactile feedback technologies used with touchscreens, such as vibrations or ultrasound. The intent is for the user to be able to feel buttons and other items on-screen.