|[April 15, 2014]
Research and Markets: Global Gesture Recognition & Touch-Less Sensing Market 2013-2020 - Technology, Product & Application Analysis
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/9dvjth/gesture)
has announced the addition of the "Gesture
Recognition & Touch-Less Sensing Market by Technology, Product,
Application & Geography - Global Forecasts and Analysis to 2013 - 2020"
report to their offering.
The gesture recognition market is expected to reach $11.03 billion in
2020 from $322.30 million in 2012 at a CAGR of 42.89% from 2013 to 2020.
Global Gesture Recognition & Touch-Less Sensing Market to Grow
Exponentially. Touch-less sensing applications have been around for a
while, but the companies were unable to leverage this technology due to
various reasons such as the sensor size, power requirements, and cost of
the products. One of these technologies introduced in the market; i.e.
touch-less sanitary ware helped in maintaining high levels of hygiene.
The washrooms equipped with such equipment are called as intelligent
washrooms. The need for this equipment is a trigger from the customers'
need as well as the companies trying to differentiate themselves from
the others in the same market.
The demand for touch-less biometrics is on the rise owing to the
accuracy on the part of the system. The contact-less biometric solutions
are more hygienic as compared to the touch-based biometric systems. The
touch-less sensing market is expected to reach $11.0 billion by the end
of 2020 at a CAGR of 24.03%. The key players in the touch-less sanitary
equipment market are iTouchless (U.S.), and Simplehuman LLC (U.S.). The
key players in touch-less biometric solutions include: TST Biometrics
(Germany), Touch-less Biometric Systems (Germany), and IrisGuard
Gesture recognition i an emerging technology that has the potential to
revolutionize the way humans interact with machines; not only in gaming
and automotive applications but also in day-to-day activities on the
home front. Standalone devices like LeapMotion, MYO, and others will
spread the awareness of this new revolutionary human machine interaction
technology. In this applications, consumer electronics will gain
popularity first, and then slowly automotive, automation, healthcare and
others will embrace gesture recognition.
Key Take Aways of the Report
The total touch-less sanitary equipment market is expected to grow at
a CAGR of above 33% from 2013 to 2020.
APAC is the fastest growing region for touch-less Biometric Market;
followed by the EMEA region.
For face recognition, the government applications will dominate the
market for the next seven years.
Currently, consumer electronics application contributes to more than
99% of the global gesture recognition market.
The factors such as evolving technology and increasing adoption by
OEMs are rapidly changing the market ecosystem.
2D camera based technology is expected to dominate the smartphones
market for the next seven years. Emerging technologies like
ultrasonic, infrared, capacitive/electric near field and 3D
technologies shall witness a significant increase in their shipments.
Healthcare application is expected to emerge as a significant market
for gesture recognition technologies over the next seven years.
The automotive application for gesture recognition is expected to be
commercialized by 2015.
Porter's analysis in detail, value chain analysis along with
technology & market roadmaps, and evolution of each of the markets is
Detailed segmentation of global touch-less sensing and gesture
recognition market by technology and products with a focus on markets
of high growth and emerging technologies.
The future of each type of gesture recognition technology and industry
from both - technical and market-oriented perspectives with
techno-market oriented roadmaps.
Asia-Pacific Gesture Recognition & Touchless Sensing Market (2013 -
2018): Technology (2D, 3D, Ultrasonic, IR, Capacitive); Product
(Biometric, Sanitary); Application (Healthcare, Electronics,
Automotive); Country (India, China, Japan, South Korea)
Key Topics Covered:
Touch-Less Sensing Market
Gesture Recognition Market
Market By Geography
Cognitec Systems Gmbh
Cross Match Technologies
Espros Photonics Corporation
Microchip Technology Inc.
Microsoft (News - Alert) Corporation
Pmd Technologies Gmbh
Qualcomm (News - Alert), Inc.
Thalmic Labs Inc.
XYY Interactive Technologies, Inc.
For more information visit http://www.researchandmarkets.com/research/9dvjth/gesture
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