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Global Gesture Recognition Technology Market for Smartphones 2015-2019

Global Gesture Recognition Technology Market for Smartphones 2015-2019

Market Study
Published: July 2015
Pages: 43
Research from: TechNavio
Sector: Handsets & Devices

From: GBP 1775.00
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About Gesture Recognition
Gesture recognition refers to the ability of a device to identify and respond to the different gestures of an individual. Gesture recognition technology reduces the usage of hardware devices such as the keyboard and mouse and has in-built cameras that capture the motion performed by an individual. The gestures captured are then passed through a number of mathematical algorithms that process the image and match it against the template stored in the database. Mathematical algorithms enable accurate gesture detection. The image processing output is a set of parameters related to the image and, consecutively, the function is performed on the device.

Technavio's analysts forecast the global gesture recognition market for smartphones to grow at a CAGR of 30.5% over the period 2014-2019.

Covered in this Report
This report covers the present scenario and the growth prospects of the global gesture recognition market for smartphones for 2015-2019.

Technavio's report, Global Gesture Recognition Market for Smartphones 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Regions
• Americas
• APAC
• EMEA      

Key Vendors
• Crunchfish
• eyeSight Technologies
• PointGrab

Market Driver
• Incorporation of Gesture Recognition by Smartphone Processor Manufacturers
• For a full, detailed list, view our report

Market Challenge
• Competitive Smartphone Market
• For a full, detailed list, view our report

Market Trend
• Time-of-Flight (TOF) Camera
• For a full, detailed list, view our report

Key Questions Answered in this Report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?

Technavio Announces the Publication of its Research Report – Global Gesture Recognition Technology Market for Smartphones 2015-2019

Technavio recognizes the following companies as the key players in the Global Gesture Recognition Technology Market for Smartphones: Crunchfish, eyeSight Technologies and PointGrab

Commenting on the report, an analyst from Technavio’s team said: “The market is witnessing a rise in the number of new methods to popularize gesture recognition technology. Vendors have started to embrace 3D cameras and depth sensors that are more accurate and reliable, and are coming up with innovative products. There are certain products that allow us to control our entire home with one device. For instance, singlecue, a product developed by EyeSight allows the user to control various devices such as TVs, DVD players, STBs, game consoles, and even home lighting.”

According to the report, smartphones have become an inseparable part of our lives and the market is likely to grow for the period 2014-2019. Some markets such as the US, Japan, Germany, and the UK are saturated but still growing, while several other economies such as India, China, Indonesia, Brazil, and other emerging economies have huge potential for smartphone sales. Further, most of the processors that the smartphones are integrated with are capable of running gesture recognition software. Companies such as Qualcomm, Intel, and MediaTek, which are some of the major providers of processors for smartphones, have all provided the facility of running gesture recognition. This provides immense opportunities for gesture recognition technology vendors who need to worry about market demand for their end-products such as smartphones. It provides an incentive to vendors to continue developing innovative gesture recognition products.

Further, the report states that the competitive smartphone market had high impact in 2014 and this will continue throughout the forecast period. This could immensely affect the gesture recognition market for smartphones.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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