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Virtual Keyboard Market

Virtual Keyboard Market

Size, Share, Competitive Landscape and Trend Analysis Report by Component (Hardware, Software), by Input Devices (Touchscreen, Laser, Mouse), by Connectivity (Wi-Fi, Bluetooth, USB, In-Built), by Distribution Channel (Online, Offline), by Technology (On-Screen Virtual Keyboard, Projected Virtual Keyboard) and by End User (Consumer and Retail, Healthcare, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032

Report Code: A14684
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A virtual keyboard is a device or technology that uses computer software for on-screen keyboards or keyboards projected on a non-reflective surface using LASER or LED light. A keyboard is projected onto a surface, and key presses are detected using optical detectors. Furthermore, advanced technologies such as on-screen keyboards detect key presses using a resistive or capacitive touch screen.

The projected type of virtual keyboard uses a wireless module connected to a phone or PDA via Bluetooth or Wi-Fi technology, which incorporates a source of light to project the image of the standard keyboard on a non-reflective surface and a sensor or detector to detect finger motion.

When a user moves his fingers across the projected image, the detector sends a signal based on the touch to the controller built into the wireless module, detecting a key press. The other technology used for virtual keyboards, on the other hand, projects the keyboard onto the screen of a computer or a mobile phone. Users of this technology can use input devices such as mice to press keys for typing. With technological advancements, on-screen virtual keyboards are being used on a larger scale than projected virtual keyboards.

The global virtual keyboard market is segmented on the basis of component, technology, input devices, connectivity, distribution channel, end user and region. Based on component, the market is divided into hardware and software. In terms of technology, the market is categorized into on-screen virtual keyboard and projected keyboard. On the basis of input devices, the market is divided into touchscreen, laser, mouse. On the basis of connectivity the market is divided into wi-fi, bluetooth, USB, in-built. On the basis of distribution channel the market is divided into online and offline. On the basis of end user the market is divided into consumer and retail, healthcare, and others. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).

COVID-19 Impact Analysis

The current COVID-19 pandemic has a negative impact on the virtual keyboard market trends, with manufacturing activities being temporarily halted across major manufacturing hubs, resulting in a significant production slowdown. People are becoming significantly more isolated as a result of increased restrictions on public meetings and travel. 
Due to supply chain delays, stock market instability, halting of airlines, business dealings in the virtual keyboard business are also feeling the effects of the COVID-19 epidemic. It has directly impacted production and demand for InfiniBand virtual keyboard causing supply chain and market disruption. As airports are shut down due to lockdown restrictions, the use of virtual keyboard is halted, negatively impacting the market. Also, as government of different provinces have already announced total lockdown and temporarily shutdown of industries, the overall production process being adversely affected; thus, hinder the overall Virtual Keyboard market opportunity globally.

Top Impacting Factors

With the growing popularity of touchscreen mobile devices and portable computers, the on-screen virtual keyboard has become an essential component of these devices. Furthermore, on-screen virtual keyboards are widely used on automated teller machines, manufacturing machines such as CNC machines, advanced automotive dash boards, and smart television. As a result of the aforementioned factors, on-screen virtual keyboards are expected to account for a significant portion of the global market.

The projected type of virtual key boards can be used in many applications to reduce the risk of key-press logging, where the movements of the user's hand can be used to track the password or any security related information, situations that may arise while using keyboards to input password in banks and ATMs. The position of keys on the board on the projected type virtual keyboard changes on a regular basis. 

This feature can assist in keeping credentials safe from system malware. As a result of the aforementioned features, the projected type virtual keyboards are expected to generate significant demand from the virtual keyboard market's government and defense segments. The presence of other keypads, such as mechanical keypads, may act as a restraining factor in the market growth. However, the rise in smart infrastructure development in developing countries will open up new opportunities in the market.

New Product Launches to Flourish the Market

In April 2020, Google announced the release of a virtual Braille keyboard for Android users with low vision or blindness in April 2020. These people will be able to type on their phones without the need for additional hardware due to the new keyboard. Google created the virtual Braille keyboard in collaboration with braille developers and users. It also ensured that the keyboard could be used in any application where a user would normally type, such as social media, text messaging, and email apps. As a result, the new Braille keyboard will make it easier for people with severe visual impairments to use their smartphones. It will allow them to type without the need for additional hardware.

Surge in Usage in Touchscreen Equipped Machines and Touch Screen Devices

The increasing use of projected type virtual keypads in the defense and government sectors for safety purposes and increasing integration of touch screens into manufacturing machines to simplify the machining process are expected to drive the growth of the virtual keyboard market. Furthermore, the growing popularity of projected virtual keyboards and the increasing number of ATM machines equipped with touchscreens are some of the factors driving the growth of the virtual keyboard market. 

The increasing adoption of touchscreen mobile devices and portable computers is expected to drive the market by the end of 2024. Furthermore, the increasing penetration of advanced laptops with touchscreens is accelerating the growth of
the market. The growing smart infrastructure of developing nations is expected to boost the demand for virtual keyboards, thereby fueling the growth of the market.

Key Benefits of the Report

  • This study presents the analytical depiction of the virtual keyboard market size along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the virtual keyboard market share.
  • The current market is quantitatively analyzed to highlight virtual keyboard market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the Virtual Keyboard industry. 
  • The report provides a detailed virtual keyboard market analysis based on competitive intensity and how the competition will take shape in coming years
  • The current Virtual Keyboard market forecast is quantitatively analyzed to benchmark the financial competency.

Questions Answered in the Virtual Keyboard Market Research Report

  • What are the leading market players active in the virtual keyboard market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What are the projections for the future would help in taking further strategic steps?
    • Upcoming report specific FAQs examples:  
      • What is virtual keyboard?
      • What does virtual keyboard allow organizations to achieve?
      • Which technologies combine to make virtual keyboard a critical organizational asset?
      • What are the key benefits of the virtual keyboard market report?
      • Which niches should companies associated with recent improvements establish a presence in?

Virtual Keyboard Market Report Highlights

Aspects Details
By Component
  • Hardware
  • Software
By Input Devices
  • Touchscreen
  • Laser
  • Mouse
By Connectivity
  • Wi-Fi
  • Bluetooth
  • USB
  • In-Built
By Distribution Channel
  • Online
  • Offline
By Technology
  • On-Screen Virtual Keyboard
  • Projected Virtual Keyboard
By End User
  • Consumer and Retail
  • Healthcare
  • Others
By Region
  • North America  (U.S., Canada)
  • Europe  (UK, Germany, France, Italy, Spain, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
Key Market Players Maxsync, Mount Focus Information Systems, Google, CTX Technologies, Celluon, Lamaston, iNextStation Virtual

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