Published on : Oct 05, 2016
ALBANY, New York, Oct 05, 2016: Gesture recognition techniques are soon becoming an alternative to sensing technologies and touchscreens that require plenty of power. Manufacturers are concentrating on introducing new gesture recognition systems that use less power and run without batteries. The new gesture recognition techniques allow users to control electronic equipment with easy hand movements. Gesture recognition systems are being used to interpret human movements of arms, hands, head, and even the entire body. New gesture recognition systems are expected to replace traditional methods, finds a new report added to the repository of ResearchMoz.us.
The report, titled “Global Gesture Recognition Market 2016-2020,” states that the global market is expected to exhibit a 73.1% CAGR from 2016 to 2020. Technological advancements and the rising need for unique user experience are two of the factors, which can be credited for the growth of the global gesture recognition market. As per the findings of the report, the global gesture recognition market is predicted to be challenged by the low-value addition of gesture recognition technology. However, the market will be benefited by the introduction of power-free gesture recognition technology.
Key companies are concentrating on introducing energy-efficient gesture recognition solutions, which is a boon for the global market. The rising adoption of new technologies will assist key companies to introduce their new products. The consumer electronics market is growing at a fast pace, which is another factor predicted to propel the global gesture recognition market. Gestures are emerging as a new technique for communicating information. The development of motion-control gaming is gaining momentum in the global market. Additionally, many nations are focusing on the development of 3D cameras. All these factors are expected to propel the global gesture recognition market.
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Although the global gesture recognition market is poised for a steady growth, it is expected to be challenged by factors such as expensive 3D cameras, low value addition, limited capacities of hardware, and price wars between manufacturers of consumer electronics. However, the analysts predict that the changing trends in the global gesture recognition market will benefit key companies in many ways. Many companies are aiming for strategic partnerships to adopt to new technologies, which will help them maintain their dominance.
The global gesture recognition market is segmented on the basis of product and region. By region, the global gesture recognition market is divided into the Americas, EMEA, and APAC. Based on product, the global gesture recognition market is classified into tablets, smart TVs, smartphones, automobiles, gaming consoles, and personal computers.
Crunchfish, eyeSight Technologies, Infineon Technologies, Freescale Semiconductor, Intel, Jabil, Microchip Technology, Microsoft, PointGrab, Pyreos, Qualcomm, Rithmio, Samsung, Electronics, Softkinetic, Sony, Texas Instruments, and Thalmic Labs are some of the prominent companies operating in the global gesture recognition market.
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