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World Gesture Recognition and Touch-Less Sensing Market - Driven by Need for Sophisticated Automatic Processes in Government & BFSI - Research and MarketsResearch and Markets has announced the addition of the "World Gesture Recognition and Touch-Less Sensing Market - Opportunities and Forecasts, 2014 - 2022" report to their offering. Gesture recognition and touch-less sensing involves activities to understand human actions by automated systems. These human/user actions are interpreted by software and certain machine tasks are performed. With these technologies, user tasks are performed by machines by analyzing their actions. It enhances the user's experience and at the same time improves quality of service. Hence, such solutions are becoming increasingly popular in the healthcare, hospitality, consumer electronics and retail industries. The research presents competitive benefits achieved with these technologies and, accordingly, market overview is depicted. The market is driven by the need of sophisticated automatic processes in industries such as government, BFSI, etc. There are other factors driving the market such as increasing concern about hygiene and user experience. The market faces limitations due to higher switchover cost, lack of awareness, and need of continuous power supply. However, the growth opportunities are persistent due to factors such as availability of highly efficient equipment, rising concerns for safety, hygiene & user experience and convergence of multiple technologies. From technology perspectives, the market is classified according to technologies, such as 2D, 3D, ultrasonic, IR and capacitive. For gesture recognitions, 2D technology is commonly used, whereas for touch-less sensing, IR technology is used. In the future, 3D technology is expected to show higher growth due to increasing adoption and improvement of 3D scanners & cameras. According to products, the market is broadly segmented into biometric products and sanitary equipment. Currently, both of the markets are evolving and comparable to each other. In the future, sanitary equipment is expected to drive market growth due to improving hygiene concerns worldwide. The market at present is led by North American and European countries on account of higher safety and hygiene concerns. In the future, the Asia-Pacific region is expected to hold the largest revenue share due to rapidly increasing adoption of touch-less biometric products. For more information visit http://www.researchandmarkets.com/research/s72cxz/world_gesture. View source version on businesswire.com: http://www.businesswire.com/news/home/20160727006519/en/ |
