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The gesture recognition solution market will register a CAGR of nearly 76% by 2023NEW YORK, June 11, 2019 /PRNewswire/ -- About this market Limited accuracy in recognizing motion gestures One of the major drawbacks of gesture recognition technology, compared with its prevailing substitutes such as physical touch buttons and voice recognition technology, is its limited accuracy in capturing motion gestures. The lack of standardized gestures and movements is one of the reasons for the occurrences of accuracy errors with respect to capturing motion gestures. Further, poor lighting conditions cause difficulty in distinguishing between the foreground and background features, resulting in the inaccurate detection of hand and other body movements. The lack of accuracy in recognizing motion gestures is decreasing the adoption rate of gesture recognition technology by electronic device manufacturers. This factor is expected to challenge the growth of the global gesture recognition solution market during the forecast period. For the detailed list of factors that will drive and challenge the growth of the gesture recognition solution market during 2019-2023, view our report. Competitive Landscape The market appears to be moderately concentrated. The presence of a few companies, including Crunchfish AB and Eyesight Technologies Ltd, makes the competitive environment quite intense. Factors such as the increasing development of processors supporting gesture recognition and the augmenting adoption of gaming consoles with gesture recognition technology will provide considerable growth opportunities to gesture recognition solution manufacturers. GestureTek, Intel Corporation, and Sony Corporation. are some of the major companies covered in this report. Read the full report: https://www.reportlinker.com/p05778684/?utm_source=PRN About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 View original content:http://www.prnewswire.com/news-releases/the-gesture-recognition-solution-market-will-register-a-cagr-of-nearly-76-by-2023-300865915.html SOURCE Reportlinker |