TechNavio Announces the Publication of its Research Report -Global Touchless Sensing Equipment Market 2012-2016

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TechNavio recognizes the following companies as the key players in the -Global Touchless Sensing Equipment Market: Cognitec Systems GmbH, CogniVue Corp., eyeSight Mobile Technologies Ltd., NEC Corp., Omek Interactive Ltd., Safran Group, and Softkinetic Inc.
Commenting on the report, an analyst from TechNavio’s team said: “One of the major trends in the Global Touchless Sensing Equipment market is the rapid technological advancements. The continuous technological advancements and modernization across the globe have increased the adoption of touchless sensing equipment in various sectors. Furthermore, touchless sensing equipment vendors are able to deliver high-quality products to customers because of the technological advancements. The rate of change and technological advancements in the Global Touchless Sensing Equipment market is very high. This trend has led to the development of advanced and increased accuracy of this equipment.”
According to the report, one of the drivers in this market is the increased need for high-level security in the Government sector. Government departments such as intelligence, defense, finance, and military are the major adopters and users of touchless facial recognition technology. In recent years, the Government sector has been the major revenue contributor to the market.
Further, the report states that one of the major challenges in this market is the fact that the touchless sensing equipment is not 100 percent accurate. This is one of the major challenges for the vendors because it has reduced the adoption of touchless sensing equipment.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-touchless-sensing-equipment-marke…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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