A Quick Look At The Latest Happenings In The Gesture Recognition in Consumer Electronics Market

The global Gesture Recognition Market value is expected to surpass $4848 million by 2023 growing at an estimated CAGR of more of 34.9% during 2018 to 2023. The key factor for the growth of this market is the simplicity in and ease of use in using the gesture recognition enabled products.

Asia-Pacific continues to lead the Gesture Recognition in Consumer Electronics Market share and growth during 2018-2023. Asia-pacific holds the highest gesture recognition devices market share and is estimated to grow at a CAGR of 40.6% from $2.411 billion in 2017 to $17.026 billion by 2023. The main reason for the growth of the market in this region is a heavily populated area and is having a major market share for computing devices. Americas is one of the dominant markets in gesture recognition in the consumer electronics market. The main reason for the growth of this market is due to the use of sensors that are rapidly increasing in computing devices for different types of gestures. Also, the key players are coming with new technologies and software applications pertaining to gesture recognition are being developed in order to cope up with the rising competition and to lead the market.

Selected / Sample Analysis done in the Gesture Recognition in Consumer Electronics Market Report: Gesture recognition technology is based on the sensors, which is used in various electronic devices such as gaming devices, smartphones, tablets, laptops, PCs, smart televisions, set top boxes and wearable devices. Each and every product has its own lifespan. Smartphones and tablets hardware lifespan is about 3-5years, and the software involved in the smart phones should be updated every 3-5 months. Laptops and PCs hardware lifespan is about 5-6 years, and the apps and software applications need to be updated every 5-6 months that depends on the app that is used in the system.

  • The life span of gaming devices with gesture technology is less which is around one year. Gaming gesture related software should be updated every 2-3 months, and usually depends on the app. Televisions generally have the lifespan of around 10 years, but if gesture control technology is introduced, it may decrease half of its life span. Wearable devices such as smart watch and smart glasses are generally based on the lifespan of the sensors.
  • Gesture recognition technology in these electronic devices’ lifespan is considered individually as their functions, hardware and software differ from each other. The lifespan of this gesture recognition product depends on the type of the product, use of the product, operating systems or software of the product. The product lifecycle also depends on the quality of the raw materials, software used in the product, the quality of the sensors and the placement of the sensors in the devices.
Excerpts on Market Growth Factors Mentioned in the Gesture Recognition in Consumer Electronics Market Report:

The ease of using gesture recognition technology has led to the increasing adoption of this technology in various applications including aerospace, building automation, medical applications, and automobile applications. The growing adoption rate is projected to propel the market growth. Integration of gesture recognition systems in cars, trucks etc. are found to enhance the levels of safety of drivers and passengers by enabling the user to control various devices with simple gestures. This factor is expected to drive significant growth for the market. Various sensing technologies are currently being developed to integrate gesture recognition in any kind of device with cameras, not just specific kind of cameras, but for a wide range without the need for any special hardware. This factor is expected to drive the demand for gesture recognition technology in the coming years. To access/purchase the full report browse the link below

https://industryarc.com/Report/81/gesture-recognition-in-consumer-electronics-market.html

Key Players of the Gesture Recognition in Consumer Electronics Market: The key player of gesture recognition market from different regions is Microsoft Corporation, and its gesture recognition market share is around 24% due to the gaming devices in which the Kinect sensor plays the crucial role. Microsoft has its own hardware devices related to gesture recognition gaming consoles. Samsung Electronics is dominant in the smart-phone market, but in the gesture recognition market, it is holding the second place next to Microsoft Corporation. Samsung Electronics holds major market share in smart-phones and tablets in which gesture recognition technology is used. Hence, gesture recognition market of Samsung Electronics is rapidly growing and is holding 23% across the globe. Intel Corporation gesture recognition market share is around 16% across the globe as it provides the hardware related to depth sensing. Gesture Recognition in Consumer Electronics Market Report is Segmented as below. Gesture Recognition in Consumer Electronics Market By Types of Gesture Recognition: Hand Gesture Recognition Facial Expressions Body Movements Finger Gestures Gesture Recognition in Consumer Electronics Market By Products: Gaming Devices Smartphones Tablets Laptops PCs Smart Televisions Set Top Boxes Wearable Devices Others Gesture Recognition in Consumer Electronics Market By Technology: Interactive Displays Camera based recognition 2D & 3D Infrared Sensing Capacitive Sensing Ultrasonic Sensing Electric Near Field MEMS Others Gesture Recognition in Consumer Electronics Market By Geography ( Covers 14+ Countries ) Gesture Recognition in Consumer Electronics Market Entropy Companies Citied / Interviewed in Gesture Recognition in Consumer Electronics Market:

COGNIVUE CORPORATION ELLIPTIC LABS EYESIGHT TECHNOLOGY, LTD. GESTURETEK, INC. GESTIGON GMBH LEAP MOTION LG ELECTRONICS INC. MICROCHIP TECHNOLOGY INC. MOVEA SA OBLONG INDUSTRIES PANASONIC CORPORATION POINTGRAB QUALCOMM REACTRIX SYSTEM, INC. SOFTKINETIC SONY CORPORATION TEXAS INSTRUMENTS INCORPORATION THALMIC LABS, INC. Company 19+

What can you expect from the report? The Gesture Recognition in Consumer Electronics Market Report is Prepared with the Main Agenda to Cover the following 20 points: Market Size by Product Categories Market trends Manufacturer Landscape Distributor Landscape Pricing Analysis Top 10 End user Analysis Product Benchmarking Product Developments Mergers & Acquisition Analysis Patent Analysis Demand Analysis ( By Revenue & Volume ) Country level Analysis (10+) Competitor Analysis Market Shares Analysis Value Chain Analysis Supply Chain Analysis Strategic Analysis Current & Future Market Landscape Analysis Opportunity Analysis Revenue and Volume Analysis Frequently Asked Questions:

Does IndustryARC publish country, or application based reports in Gesture Recognition in Consumer Electronics Market?

Response: Yes, we do have separate reports and database as mentioned below:

North America Market for Gesture Recognition in Consumer Electronics Growth (2018-2023) Europe Market for Gesture Recognition in Consumer Electronics Share (2018-2023) Asia-Pacific Market for Gesture Recognition in Consumer Electronics Analysis (2018-2023) Camera-based recognition 2D & 3D Market for Gesture Recognition in Consumer Electronics Forecast (2018-2023) Infrared Sensing Market for Gesture Recognition in Consumer Electronics (2018-2023) Capacitive Sensing Market for Gesture Recognition in Consumer Electronics (2018-2023) Ultrasonic Sensing Market for Gesture Recognition in Consumer Electronics (2018-2023) Electric Near Field Market for Gesture Recognition in Consumer Electronics (2018-2023) MEMS Market for Gesture Recognition in Consumer Electronics (2018-2023) Does IndustryARC provide customized reports and charge additionally for limited customization?

Response: Yes, we can customize the report by extracting data from our database of reports and annual subscription databases. We can provide the following free customization

Increase the level of data in the application or end user industry. Increase the number of countries in geography or product chapter. Find out market shares for other smaller companies or companies which are of interest to you. Company profiles can be requested based on your interest. Patent analysis, pricing, product analysis, product benchmarking, value and supply chain analysis can be requested for a country or end use segment.

Any other major customizations can be discussed with our team, we can provide a separate quote based on your requirements. You can drop in an e-mail to sales@industryarc.com to discuss more about our consulting services.

Media Contact: Mr. Venkat Reddy Sales Manager Email 1: sales@industryarc.com Or Email 2: venkat@industryarc.com Contact Sales: +1-614-588-8538 (Ext-101) About IndustryARC: IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare. IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications in a Market. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. We look forward to support the client to be able to better address their customer needs, stay ahead in the market, become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.

Loading...

Comments

No comments to display.

Related posts

Stevia Dessert Industry 2019 Market Size, Growth, Share, Trends, Global Statistics and Forecast Analysis 2025

Stevia Dessert Market 2019 Global Industry Report delivers the Stevia Dessert business profiles, participants, news, developing activities and policies, consumer volume and creating strategies. Stevia Dessert industry also report delivers analysis on a region, products, sales, revenue. Stevia Dessert market report emphases on overall development patterns, focused on key industry players, size, consumption volume, Forecast 2019 to 2025.
17 hours ago

Hula Hoop Industry 2019 Global Market Share, Growth, Manufacturers, Size, Segments and 2025 Forecast

New research report on Hula Hoop Market 2019 Global Industry includes detailed analysis market trends, innovations, growth, and forecast 2025. The report presents market main objective of sharing this market research report is to provide an in-depth analysis of the market share, historical data, profitability, opportunities, sales, and revenue distribution. The research study offers current market size, manufacturers’ analysis and segmentation of Hula Hoop across the globe.
17 hours ago

Curling Irons Industry 2019 Market Size, Growth, Share, Trends, Global Statistics and Forecast Analysis 2025

The Curling Irons Market 2019 Global Industry report consists of all the basic information regarding the Curling Irons Market. This report presents analysis of market trends, industry growth drivers, share, analysis, size, trends, and many other aspects. The global Curling Irons report is an essential reserve of data, primarily for the industry administrators.
17 hours ago

Ukulele Market 2019 Share, Industry Impacting Growth, Global Segments, Manufacturers and Forecast to 2025

The latest research report entitled Global Ukulele Market 2019 provides a detailed and complete global coverage of Ukulele Industry analysis from 2019 to 2025. The Ukulele report begins with the overview of Ukulele Industry growth, share, current situation, trend, size, and classification of the Ukulele Industry on the basis of Ukulele Market top players, key regions, and type.
17 hours ago

Termite Control Market by Species Type, Application, Region - Forecast to 2022

The termite control market was valued at USD 2.96 Billion in 2016. It is projected to grow at a CAGR of 5.6% from 2017, to reach USD 4.11 Billion by 2022.

Call for Projects: PoweredByTF 2.0 Challenge!

Use our alpha release of TensorFlow 2.0 to do something nifty: build a model, a mobile or web application, an art installation, or something else entirely! The sky is the limit - and creativity is encouraged. We're excited to see what you build!
Application Deadline in 2 months

Rising Consumer Demand for Low-Calorie and Healthier Food & Beverage Products Drives the Polyol Sweeteners Market

The polyol sweeteners market is projected to reach USD 3.30 Billion by 2022 at a CAGR of 5.9% from 2017 to 2022.

Call for Proposals: Core Infrastructure Fund to strengthen internet freedom, digital security, and the overall health of the internet

The Core Infrastructure Fund supports the ‘building block’ technologies, infrastructures, and communities relied upon by digital security and circumvention tools strengthening internet freedom, digital security, and the overall health of the internet.
Application Deadline in a month

Joint Replacement Market Comprehensive Analysis and Future Estimations 2024

Joint Replacement Market report also provides CAGR value fluctuation in percentage during the forecast period of 2019-2024 for the market.
18 hours ago