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Gesture Recognition & Touchless Sensing Market worth $23.55 Billion USD by 2020 Gesture Recognition & Touchless Sensing Market By Technology & Application - 2020
July 2015
Gesture Recognition & Touchless Sensing Market worth $23.55 Billion by 2020 According to a new market research report "Gesture Recognition & Touchless Sensing Market Technology (Touch-based & Touchless), by Application (Consumer Electronics, Automotive, & Others), Product (Biometric & Sanitary Equipment), & by Geography - Global Forecast to 2020", the gesture recognition & touchless sensing market is expected to reach $23.55 Billion by 2020, at a CAGR of 28.23% between 2015 and 2020. Browse 83 market data tables and 75 figures spread through 192 pages and in-depth TOC on “Gesture Recognition & Touchless Sensing Market - Global Forecast to 2020" Early buyers will receive 10% customization on reports. The entire gesture recognition market has witnessed various advancements after the launch of Microsoft Kinect which is used for gaming consoles of the Xbox 360 launched by Microsoft (U.S.). After the launch of Kinect, manufacturers and the other players from the gesture control industry’s value chain started focusing on consumer electronics to implement gesture-enabled solutions. Currently, laptops, TVs, smartphones, and so on are enabled with gesture recognition features. Similarly, touchless sensing products which primarily consist of touchless sanitary equipment and touchless biometrics are gaining popularity. Currently, looking at the increasing rate of cybercrimes and illegal trespassing, the biometric authentication market has gained pace in terms of growth. Government initiatives also promote biometric authentication techniques. Additionally, the increased concerns towards health and hygienic conditions in public places have driven the market for touchless sanitary equipment. Developing countries such as China, , and India are continuously attracting investments and expansions from top companies, due to the favorable business environment in these economies. Get Customized Report :http://www.marketsandmarkets.com/requestCustomization.asp?id=369 In the report, a detailed segmentation of the gesture recognition & touchless sensing market by product, technology, industry vertical, application, and geography has been provided, which covers all existing and emerging technologies in the market. The report also covers all qualitative as well as quantitative industry insights. One of the objectives of the report has been to analyze market trends for each of the gesture recognition & touchless sensing market segments and their respective growth rates. Apart from the market segmentation, the report also covers in-depth analyses such as the Porter’s five forces analysis, the value chain analysis with a detailed process flow diagram, and market dynamics such as drivers, restraints, opportunities, and challenges for the gesture recognition & touchless sensing market.
The market size for the gesture recognition & touchless sensing market is included in the report for four geographic regions, namely, the Americas, Europe, Asia-Pacific, and Rest of the World (RoW). The APAC region is estimated to account for a major share in the gesture recognition market during the forecast period. Similarly, in the touchless sensing market the Americas are expected to account for the largest market share followed by Europe and AsiaPacific. Moreover, the market in Asia-Pacific for gesture recognition & touchless sensing is expected to grow at the highest rate. Some of the major companies in the gesture recognition & touchless sensing market include Intel Corp. (U.S.), Microsoft Corp. (U.S.), Cognitec Systems (Germany), GestureTek (U.S.), CogniVue (Canada), eyeSight (Israel), Omek (Israel), PointGrab (Israel), SoftKinetic (Belgium), PrimeSense (Israel), Cross Match Technologies, Inc. (U.S.), Microchip Technology Inc. (U.S.), Qualcomm Inc. (U.S.), and so on. About MarketsandMarkets MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. Subscribe Reports from Semiconductor & Electronic @ http://www.marketsandmarkets.com/Subscription.html Contact: Markets and Markets UNIT no 802, Tower no. 7, SEZ Magarpatta city, Hadapsar Pune, Maharashtra 411013, India 1-888-600-6441 Email: sales@marketsandmarkets.com Visit MarketsandMarkets Blog@ http://www.marketsandmarketsblog.com/marketreports/electronics-and-semiconductors Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets