London, 27 July 2015 – Technavio has published a new report on global gesture recognition for consumer electronics devices, which is expected to grow at a CAGR of almost 67% from 2015-2019.
About the Report
The latest report by Technavio highlights the significant growth witnessed in the demand for devices such as smartphones, tablets, gaming consoles, and TVs, which is driven by the advances in technology, increased functionalities, and decreased prices.
“Most of the processors integrated in smartphones are capable of running gesture recognition software, and with smartphones becoming an inseparable part of many people’s lives, the market growth is expected to flourish during the forecast period,” says Faisal Ghaus, Vice President of Technavio.
The latest report by Technavio also underlines that several vendors are entering the global gesture recognition market for gaming consoles by offering a range of different products.
“Companies like Creative, Intel, ASUS, and PrimeSense are launching 3D cameras that can be used in various consumer electronic devices such as gaming consoles, PCs, and laptops,” adds Ghaus.
Market Scope and Calculation of Market Size
The new Technavio report covers the present scenario and growth prospects of the global gesture recognition for consumer electronics devices from 2015-2019. This report discusses gesture recognition technology and its various applications, covering consumer electronic devices, automotive, home automation, and AR and VR devices.
Key Information Covered in the Report:
Key Vendors:
- Crunchfish
- eyeSight Technologies
- Intel
- Microsoft
- PointGrab
- Samsung
- SoftKinetic
Market Growth Drivers:
- Growing Consumer Electronics Market
- For a full detailed list, view our report.
Market Challenges:
- Low Value Addition of Gesture Recognition Technology
- For a full detailed list, view our report.
Market Trends:
- Increase in Number of Vendors
- For a full detailed list, view our report.
https://www.technavio.com/%3Cp%3E%3Cstrong%3E%3Ca%20href%3D%22http%3A//ww…
