Global Gesture Recognition Market to Amount to USD 43.6 Bn by 2024, Predicts Variant Market Research in Its Report Available at MarketPublishers.com16 Jun 2017 • by Natalie Aster
LONDON – Today, gesture-based technologies witnesses increasing adoption in a wide range of electronic devices, including laptops, gaming consoles, smart TV, smartphones, etc. Encouraged by increasing unlawful activities and cybercrimes worldwide, the world’s gesture recognition market is poised to increase at a high CAGR of 16.2% CAGR in the years to come to reach the value of USD 43.6 billion by the year 2024. Other important market growth drivers include enhancing awareness amid end-users regarding cyber security, escalating penetration of smart devices, accelerating popularity of smart homes from pole to pole, amid others. However, fierce competition amid the market players could hamper the market growth.
Expanding knowledge about different benefits provided by gesture technology enabled devices opens lucrative opportunities in the foreseeable future.
Some of the dominant companies active in the world’s gesture recognition market include Microsoft, Crunchfish, eyesight Technologies, Google, Intel, ArcSoft, SoftKinetic, Samsung, PointGrab and Sony, among others.
Insightful report “Gesture Recognition Market (By Application, By Technology, By Geography) Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024” by Variant Market Research presents an all-round overview of the global market scenario, touches upon the market dynamics, discusses the hottest issues and prevailing market trends. It contains a detailed market segmentation analysis, investigates the actual scenario across the key geographical markets and also covers the major market growth influencing factors. Besides, the report scrutinises the competitive environment, identifies the main market players, contains value chain analysis, and also offers access to future forecasts through 2024.
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