Gesture Recognition Market Would Register a CAGR of 29.2% by 2025

Progressive Markets has published a report, titled, Global Gesture Recognition Market - Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025.

Global Gesture Recognition Market Report Based on Type (Touch-Based Gesture Recognition, Touch less Gesture Recognition), Industry Vertical and Geography (North America, Asia-Pacific, Europe, and Middle East & Africa). The Global Gesture Recognition Market is estimated to grow at a CAGR of 29.2% from 2017 to 2025.

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The report provides a comprehensive analysis of changing market scenario, key manufacturers, competitive landscape, and detailed segmentation. The research also discusses regional scenario to outline emerging geographies and tap into those regions to gain major market share. The report provides detailed information for leading industry players, new entrants, and investors to determine competitive landscape and plan strategic moves for growth.

Key findings of the global gesture recognition market are discussed in brief along with current market status. The research offers insights on competitive scenario and advancements that took place in the market for the historic period, 2014-2016. Research methodology adopted by research analysts to collect data, information, and statistics is covered. Journals, publications, and white papers are referred to collect data and information. Inputs from industry experts are taken and online surveys are conducted to validate data. An executive summary of the industry is provided to help in gaining a thorough understanding of the current market status.

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Research Factor Included in Gesture Recognition Industry

The research provides a comprehensive landscape of the global gesture recognition industry on the basis of drivers and challenges. Growth in user-friendly features in portable electronic devices, affordable gesture recognition software, and increase in adoption by industrial sector are factors that drive the market. Detailed analysis of these factors is mentioned in the study. However, lack in precision and rise in power consumption are challenges manufacturers need to tackle. Porters Five Forces analysis is offered in the study to highlight intensity of competition and devise strategies to gain competitive advantage. Bargaining power of buyers and suppliers, threat of substitutes, industrial rivalry, and threat of new entrants are some of the parameters analyzed in the study. The study also provides market share analysis of major segments with the help of tabular and pictorial formats for the period, 2014-2025.

Segmentation of Gesture Recognition Market by Various Components and Industry Vertical

The report offers an extensive analysis of key segments of the global gesture recognition market. Detailed segmentation of the market is offered into type, vertical, and geography. Based on type, the report analyzes the industry into touch-based and touch-less gesture recognition. Touch-based gesture recognition is segmented into gyroscope and accelerometer. Touch-less gesture recognition segment is classified into ultrasonic, capacitive, infrared, 2D camera-based, and 3D machine vision. Regional analysis is offered in the study for regions such as North America, Asia-Pacific, Europe, and LAMEA.

Global Key Manufacturer Analysis of Gesture Recognition Market

Market size for each segment in aforementioned regions is outlined for the historic period and the forecast period. Moreover, an extensive analysis of countries in each region is also provided. Revenue generated by each segment in aforementioned regions are also explored in a tabular format along with growth rate for each segment. Detailed understanding of competitive scenario across various regions is gained using these insights. The report provides a comprehensive analysis of key market players operating in the global gesture recognition industry. Business overview and recent developments of each market player are highlighted in the research along with financial segments. These insights assist to determine various strategies for growth such as collaborations, agreements, expansion, and partnerships. In addition, it also helps market players determine competitive scenario and take necessary steps to gain competitive edge. Key market players analyzed in the research are Apple Inc., Google Inc., Intel Corporation, OMRON Corporation, Infineon Technologies AG, Qualcomm Technologies Inc., Elliptic Laboratories AS, Cognitec Systems GmbH, GestureTek, Inc., and SoftKinetic SA. The research offers detailed insights on the industry to help market players, stakeholders, VPs, and investors devise strategies for the future to gain strong position in the industry.

The company makes use of primary corporate research and secondary inputs from trusted sources to build its own reference base. It maintains consistency in quality as it keeps itself updated with changes in market dynamics and gauging its net effect on global business trends.

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