Gesture Recognition for Smart TV Market by Software (2D & 3D Image Sensor) worth $479.88 Million by 2018 - New Report by MarketsandMarkets

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The gesture recognition market is expected to reach $479.88 Million in 2018 from the year 2012 at a CAGR of 131.26% from 2012 to 2018. (http://www.marketsandmarkets.com/Market-Reports/gesture-recognition-smart-tv-market-42201508.html)

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MarketsandMarkets

The key players in the gesture recognition module in Smart TV market are Eyesight Tech (Israel), Leap Motion Inc. (U.S.), LG Electronics Inc. (South Korea), PointGrab Ltd. (Israel), Samsung Electronics Co. Ltd. (South Korea), and many more.

The report "Gesture Recognition For Smart TV Market by Software (2D & 3D Image Sensor), Hardware(Image Sensor, IR Proximity Sensor, IR Temperature Sensor, Light Sensors, & Semiconductor ICS), And Geography (Americas, EMEA, & APAC) - Analysis & Forecast to 2013 - 2018", defines and segments the Smart TV Market into various sub segments with an in-depth analysis and forecasting of market sizes. The report also identifies the factors driving this market, various restraints, and opportunities impacting it along with the adoption trends.

The gesture recognition technology in the Smart TV enables the user to work together with a device in order to achieve definite tasks without the need to touch it. The report acutely focuses on the ‘Smart TV gesture recognition’ market. The report deals with the analysis of all the technologies of the abovementioned broad markets and the gesture recognition market.

Inquiry of Report at
http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=42201508

Gesture recognition technology is now utilized by OEMs such as Sony, Samsung, Apple, and others in the consumer products. The Smart TV market is trying to incorporate more and more features in a single device. The growth rate will be very high in the coming years in this sector as the technology is evolving at a rapid speed. The gesture recognition market was already commercialized in 2012 in several consumer electronics products such as smart phones, laptops, smart TVs, media tablets, and gaming consoles, except for set top boxes.

The segment which holds an exponential growth of gesture recognition technology is the healthcare segment. Currently, the gesture recognition market in healthcare is still in the initial stage as most of the applications are only in prototyping stage; they have not yet been commercialized and are being used only for rehabilitation applications. Research & Development is going to develop many more innovative products which will enable and help doctors to serve and treat patients in an easier and effective manner. Research is being carried out in order to combine Microsoft’s Kindest camera with an algorithm to convert gestures to commands for manipulating MRI images on large visual display units.

Another section with a high potential growth rate for gesture recognition technology is the automotive sector. Although the technology is in the testing stage and will only commercialize by the end of 2015, the automotive firms are seeking to integrate this technology with car accessories, which is adding fuel to this growth. The functionalities of AC, music system, GPS, and others can be controlled by the driver only by using gestures. Thus, this decreases distractions, leading to greater safety during driving. Mercedes Benz (Germany) has already displayed an experimental system named DICE (Dynamic & Intuitive Control Experience) which let drivers perform basic functionalities using hand gestures. Indian car companies, such as Mahindra-Satyam, have also come up with in-car navigation systems supporting gesture recognition, which are an emerging market for the automotive sector.

Get the copy of Report at
http://www.marketsandmarkets.com/Market-Reports/gesture-recognition-smart-tv-market-42201508.html

Gesture recognition is an embryonic technology that has the potential to transform the way humans communicate with machines, not only in gaming and automotive applications but also in regular activities on the home front.The major popularity will be gained by consumer electronics and then deliberately the automotive industry along with healthcare and other industry will embrace the gesture recognition in Smart TV market.

Browse Related Reports
Gesture Recognition & Touch-Less Sensing Market Global Forecasts and Analysis to 2013 – 2020
http://www.marketsandmarkets.com/Market-Reports/touchless-sensing-gesturing-market-369.html

Europe Gesture Recognition & Touchless Sensing Market - (2013 - 2018)
http://www.marketsandmarkets.com/Market-Reports/europe-gesture-recognition-and-touchless-sensing-market-1149.html

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