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Gesture Recognition and Touchless Sensing Market Worth 34.25 Billion USD by 2022


News provided by

MarketsandMarkets

23 Mar, 2017, 14:30 GMT

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PUNE, India, March 23, 2017 /PRNewswire/ --

The report "Gesture Recognition and Touchless Sensing Market by Technology (Touch-based and Touchless), Product (Sanitary Equipment, Touchless Biometric), Industry, and Geography - Global Forecast to 2022", published by MarketsandMarkets, the market is expected to be worth USD 18.98 billion by 2022, growing at a CAGR of 29.63% between 2017 and 2022.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 75 market data tables and 76 figures spread through 192 pages and in-depth TOC on "Gesture Recognition and Touchless Sensing Market"

http://www.marketsandmarkets.com/Market-Reports/touchless-sensing-gesturing-market-369.html

Early buyers will receive 10% customization on this report.

The Touchless sensing market is expected to be worth USD 15.27 billion by 2022, growing at a CAGR of 17.44% between 2017 and 2022.

The growth of this market is driven by factors such as the surging application of gesture control features in automobiles, increasing digitalization across industries, favorable programs deployed by government, and reduction of hygiene concerns due to presence of touchless sanitary solutions.

Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=369

Touch-based gesture recognition technology is expected to lead the overall gesture recognition market 

The touch-based gesture recognition technology is expected to hold the largest share of the overall gesture recognition market during the forecast period. Touch-based gesture recognition technologies allow a user to make a certain gesture by touching a device or through a controller connected to the device. Such touch/device-based gestures can be seen in most smartphones available in the market. The largest market size for touch-based gesture control devices is attributed to the larger customer base for touch-based devices.

The market for camera-based touchless sensing technology to grow at the highest rate during the forecast period 

The market for camera-based touchless sensing technology is expected to grow at the highest rate between 2017 and 2022. Camera-based sensing devices are used to track moving objects. To identify and sense objects, the device uses eye tracking and 2D and 3D camera tracking technologies. Samsung Group (South Korea) provided this technology in its smartphone GS4, the samrtphone pauses videos when a user looks away. Moreover, eye tracking and other camera-based technologies help to determine the identity of a person by tracking biometric credentials including eyes, hands, or fingerprints.

Americas held the largest share of the touchless sensing market in 2016 

The Americas held the largest share of the touchless sensing market in 2016 owing to the favorable initiatives taken by the government in this region to strengthen regulatory activities and security operations. Moreover, in North America, the employee access monitoring in buildings is one of the factors driving the growth of the touchless sensing market. Furthermore, the demand for finger-scan biometric technologies for user authorization is expected to increase the demand for PC/network security applications.

Inquiry Before Buy @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=369

Some of the major companies in this region include GestureTek (U.S.), Intel Corporation (U.S.), Microchip Technology Inc. (U.S.), Qualcomm Technologies, Inc. (U.S.), and Thalmic Labs (Canada).

Browse Related Reports 

Augmented Reality and Virtual Reality Market by Device Type (HMD, HUD, Handheld Device, Gesture Tracking, Projector and Display Wall), Component (Sensor, Display, Camera, and Software), Vertical, and Geography - Global Forecast to 2022
http://www.marketsandmarkets.com/Market-Reports/augmented-reality-virtual-reality-market-1185.html

Iris Recognition Market by Component (Hardware & Software), Product (Scanner & Others), Application (Access Control & Others), Industry (Travel & Immigration, Military & Defense, & Others) & Geography Global - Forecast to 2020
http://www.marketsandmarkets.com/Market-Reports/iris-recognition-market-141994093.html

Subscribe Reports from Semiconductor Domain @ http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets 

MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets for their painpoints around revenues decisions. 

Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. 

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. 

Contact:
Mr. Rohan
MarketsandMarkets
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel: 1-888-600-6441
Email: sales@marketsandmarkets.com

Visit MarketsandMarkets Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors
Connect us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
Visit MarketsandMarkets Website: http://www.marketsandmarkets.com

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