Total gesture recognition & touch-less sensing market is expected to reach $22.04 billion by 2020 growing at a CAGR of 30.91% from 2013 to 2020.
Dallas, Texas (PRWEB) March 05, 2014
Touch-less sensing and gesture recognition technologies enable the user to interact with a device without the need of touching it. This report gives a detailed analysis of these technologies and their broad existing and emerging markets. The overall market for touch-less sensing has been divided into touch-less biometrics and touch-less sanitary equipment. These two segments have been further segmented on the basis of different technologies, products and applications.
The product market for touch-less biometric technology includes various products like face, iris, voice, and touch-less fingerprint biometrics. Similarly the product market for touch-less sanitary equipment is segmented by major products like touch-less faucets, soap dispensers, trash cans, hand dryers, paper towel dispenser, and flushes. The technologies considered for gesture recognition market are 2D camera based, 3D camera based, ultrasonic, infrared arrays, and electric near field.
There has been a growing demand for gesture recognition and touch less sensing technologies in verticals like banking and finance, and healthcare. The demand for e-passport system has also increased. Due to the factors like increasing concern for hygiene, growth in travel industries and education facilities, enhancement in user experiences, the market for gesture recognition and touch-less sensing technologies are expected to have a high growth rate in years to come.
The touch-less sensing technology has a huge scope for applications in key playing fields like travel, banking and finance, government sectors where such technologies are used on a wider scale for authentication, maintaining database purposes. This report focuses on a vast application line for gesture recognition technology in the fields of consumer electronics, automotive, healthcare.The major challenges faced by the touch-less sensing technology are high initial cost, replacement cost of the products and devices. The growth of the gesture recognition market may be hindered due to its reliability and high power requirements.The major geographical areas described in the report for gesture recognition and touch-less sensing are the Americas, EMEA and the APAC.
Major Points from Table of Contents
9 Company Profiles
9.1 Cognitec Systems Gmbh
9.2 Cognivue Corporation
9.3 Cross Match Technologies
9.4 Elliptic Labs
9.5 Espros Photonics Corporation
9.6 Eyesight Tech
9.7 Gestsure Technologies
9.8 Irisguard, Inc.
9.9 Microchip Technology Inc.
9.10 Microsoft Corporation
9.12 Movea Sa
9.13 Omek Interactive
9.14 Pebbles Limited
9.15 Pmd Technologies Gmbh
9.16 Pointgrab Limited
9.17 Primesense Limited
9.18 Pyreos Limited
9.19 Qualcomm, Inc.
9.21 Thalmic Labs Inc.
9.22 XYZ Interactive Technologies, Inc.
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