The gesture recognition & touchless sensing market is expected to grow at a rapid pace in most of the regions of the world due to a growing number of acquisitions and the focus of players towards incorporating gesture recognition & touchless technology in their products. A high demand from the gaming sector coupled with rich graphics is a major factor driving the market growth. Further, initiatives from various governments to use gesture recognition & touchless sensing in their projects have led the investment inflow, thereby boosting this market.
The growing demand for virtual reality and other simulation products is creating a huge market potential for gesture recognition products. Therefore, companies are focused on research to improve the accuracy of the gesture control products. The report reviews the latest market trends with a perceptive to disclose future growth prospects. An in-depth analysis on a geographic basis provides strategic business intelligence for investments in the gesture recognition & touchless sensing market. The study reveals profitable investment strategies for product manufacturers, electronics companies, business executives, product marketing managers, new business investors, and others,
In this report, the gesture recognition & touchless sensing is segmented on the basis of industry verticals-automotive, consumer electronics, healthcare, advertisement & communications, finance & banking, government, and defense; products-sanitary equipment and touchless biometric; and technologies-2D, 3D, Ultrasonic, IR, Capacitive, voice recognition, and sensors. The competitive landscape section of the report primarily focuses on key players in the gesture recognition & touchless sensing market, their latest developments, and respective market share. In addition to that, the report entails emerging market trends, advancements in the technological space, market demand of segments, key growth areas, market size projections, region-wise demand factors, and key competitors’ analysis.
The geographic segmentation of the report covers four major regions of the world, namely-Americas, Europe, Asia-Pacific, and Rest of the World (RoW). The report also profiles major players in the gesture recognition & touchless sensing market. Some of the major players in this market are Microsoft Corporation (U.S.), Intel Corporation (U.S.), Apple Inc. (U.S.), Qualcomm Inc. (U.S.), and Cross Match Technologies, Inc. (U.S.).