Dallas, Texas (PRWEB) March 13, 2014
The independent London-based global research firm, today announced the publication of its research report on the Global Gesture Recognition Market. The report finds Americas is the leading market in 2D interface & 3D interface gesture recognition technology. The analysis is for the forecast period 2014-2018.
As per research, analysis Gesture Recognition Technology is finding wide applications in industries such as Automotive sector, Consumer Electronics sector, Transit sector, Gaming sector, Defense sector, Healthcare sector and Retail sector.
The 2D Gesture Recognition Technology segment is currently moving into its growth phase. This technology will be witnessing significant growth during the forecast period. The major development expected in this segment will be the widespread adoption of the technology in niche sectors such as Healthcare. When it comes to the 3D Gesture Recognition Technology segment, it is currently at its development phase and will be witnessing high growth during the forecast period.
Purchase Report @ http://www.sandlerresearch.org/purchase?rname=14872.
According to this report, “The 2D Gesture Recognition Technology segment will be contributing more than 90 percent to the total revenue in the Global Gesture Recognition market. The overall Global Gesture Recognition market will be growing at a CAGR of 28.5 percent during the forecast period.”
One of the key factors contributing to this market growth is the cost-effectiveness of gesture recognition solutions. The Global Gesture Recognition market has also been witnessing the increasing number of acquisitions. However, the lack of standardization of gesture movements could pose a challenge to the growth of this market.
The Global Gesture Recognition Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, EMEA, and APAC region; it also covers the Global Gesture Recognition market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this space include Cognitec Systems GmbH, CogniVue Corp., eyeSight Mobile Technologies Ltd., GestureTek Technologies Inc., Omek Interactive Ltd., PointGrab Ltd., PrimeSense Ltd., and SoftKinetic Inc.
Other vendors mentioned in the report are Cross Match Technologies Inc., Elliptic Labs, Irisguard Inc. , Intel Corp., Microchip Technology Inc., Pebbles Ltd., Pyreos Ltd., Qualcomm Inc., and Thalmic Labs Inc..
Other Related Reports on Biometric Recognition Market:
Global Facial Recognition Market 2012-2016 (http://www.sandlerresearch.org/global-facial-recognition-market-2012-2016.html): Analysts forecast the Global Facial Recognition market to grow at a CAGR of 24.5 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing high security requirement in government departments. The Global Facial Recognition market has also been witnessing an increased number of mergers and acquisitions.
Global Automatic Speech Recognition Market 2014-2018 (http://www.sandlerresearch.org/global-automatic-speech-recognition-market-2014-2018.html): Analysts forecast the Global Automatic Speech Recognition market to grow at a CAGR of 16.28 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing demand for speech-based biometrics. The Global automatic Speech Recognition market has also been witnessing the increased use of voice passwords.
Global Automatic Number Plate Recognition (ANPR) Market 2014-2018 (http://www.sandlerresearch.org/global-automatic-number-plate-recognition-anpr-market-2014-2018.html): Analysts forecast the Global Automatic Number Plate Recognition market to grow at a CAGR of 14.12 percent over the period 2013-2018. One of the key factors contributing to this market growth is growing demand for improved security. The Global Automatic Number Plate Recognition market has also been witnessing immense advancement in technology.
Sandlerresearch.org (http://www.sandlerresearch.org/) is an online market research store for research reports on multiple industries. These reports provide market analysis, trends and opportunities and forecast about industries that helps to make a right decision for the business.