DUBLIN, June 09, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/xsgs2s/gesture) has announced the addition of the "Gesture Recognition & Touchless Sensing Market by Technology (Touch-based & Touchless), Application (Consumer Electronics, Automotive, & Others), Product (Biometric & Sanitary Equipment) & by Geography - Global Forecast to 2020" report to their offering.
The total gesture recognition and touchless sensing market is expected to reach $ 23.55 Billion by 2020 at a high CAGR of 28.23% between 2015 and 2020.
The touchless sensing market primarily comprises touchless sanitary equipment and touchless biometrics. Currently, looking at the increasing rate of cyber-crimes and illegal trespassing, biometric authentication market has gained pace in terms of growth. Government initiatives also promote biometric authentication techniques. The increasing hygiene concern is a major driver for the growth of the market for touchless sanitary equipment.
The gesture recognition market exhibits a huge potential in verticals such as consumer electronics, advertisement & communication, healthcare, and others. The touchless sensing market is driven by the growth in verticals such as government, finance & banking, consumer electronics, and so on.
In this report, drivers, restraints, opportunities, and challenges for the gesture recognition & touchless sensing market have been covered. A major driving factor for the gesture recognition market is the enhanced user experience and ease of use. Major restraints for this market are the lack of hap-tic perception and high power consumption. The figure below shows the estimated growth of the gesture recognition market between 2013 and 2020.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
- Apple Inc. (U.S.),
- Cross Match Technologies, Inc. (U.S.).
- Intel Corporation (U.S.),
- Microsoft Corporation (U.S.),
- Qualcomm Inc. (U.S.)
For more information visit http://www.researchandmarkets.com/research/xsgs2s/gesture
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SOURCE Research and Markets