(Telecom-NewsWire.Net, January 11, 2018 ) According to Publisher, the Global Gesture Recognition & Touch-less Sensing market is accounted for $6.35 billion in 2015 and is expected to reach $32.16 billion by 2022 growing at a CAGR of 26.08%. Gesture recognition & touch-less sensing market is growing exponentially in smart phones and automotive. The key drivers for gesture recognition & touch-less sensing market include low installation costs and improved user experience in many applications. However, high power consumption is hampering the market growth. The opportunity for growth in gesture recognition & touch-less sensing market lies in touch-less equipment for home and emerging applications.
North American and European countries have leading markets, due to better safety and national security concerns. Asia Pacific is expected to grasp major revenue share in gesture recognition & touch-less sensing market due to swiftly increasing touch-less biometric products. Developing countries such as China and India are attracting investments and expected to witness expansions from top players.
Some of the key players in global market include Apple Inc., Microsoft Corp, Primesense Ltd.
Omron Corporation, Google Inc., Softkinetic, Qualcomm Technologies, Inc., Cross Match Technologies Inc., Intel Corp, Cognitec Systems Gmbh, Microchip Technology Inc., Movea SA, GestureTek, Inc., Thalmic Labs Inc. and Eyesight Tech.
We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Industry resource center today to browse our selection of 600+ complimentary Industry magazines, white papers, webinars, podcasts, and more. Get popular titles including: