Gesture Recognition Market Research Report covers the present scenario and the growth prospects of the Gesture Recognition Industry for 2016-2020. Gesture Recognition Market, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years and discussion of the key vendors effective in this market. To calculate the market size, the report considers the revenue generated from the sales of Gesture Recognition globally.
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The Gesture Recognition Market report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry.
Following Companies Are Key Players of the Gesture Recognition Market:
- eyeSight Technologies
“Increase in number of M&A is a key trend for this market. The high growth prospects of gesture recognition technology have compelled vendors across the supply chain to either form strategic partnership or acquire vendors operating in the global gesture recognition market. These strategic partnerships and M&A enable both OEMs, motion sensor vendors, and gesture recognition technology providers to derive maximum benefit out of the growing market. In the past five years, the collaborations among the supply chain members are rising to expand their market presence and increase their market share.”
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According to the Gesture Recognition Market report, focus on human-machine interface in automotive sector is a key driver for this market. The automotive OEMs have always been involved in developing new forms of interaction between the driver and the vehicle to provide more efficient and intuitive interaction between the two. The automotive manufacturers are investing heavily in R&D for the development of onboard man/machine interaction based on gesture, touch, and voice. Since, voice and touch are already available in majority of the vehicles, the manufacturers are focusing on bringing gesture recognition technology on existing multimedia systems inside the vehicles. This will provide more intuitive experience by enabling the driver to control a number of vehicle functions through hands instead of using the buttons and screens on the central console. Also, it is expected to enhances driver and passenger safety.
Report also presents Geographical Segmentation analysis of Gesture Recognition Market of Americas, APAC, EMEA region.
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Further, the Gesture Recognition Market report states that low value-addition of gesture recognition technology is a challenge to market growth. Gesture recognition technology can provide a new, exciting experience to users. However, currently its integrated into consumer electronic devices has failed to attract customers. Devices that still use 2D cameras require users to stand in front of it to perform gestures. Also, users always have to raise their hands to perform gestures in the air, which could be tiring. Moreover, there is latency in the devices because of low computing power.
Key questions answered in Gesture Recognition market report:
- What will the Gesture Recognition market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving Gesture Recognition market?
- What are the challenges to Gesture Recognition market growth?
- Who are the key vendors in Gesture Recognition market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
No of Pages: 60
Price of Report: $ 2500 (Single User License)
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