Depth Sensing Market - Rise in Need for Enhanced Security and Surveillance Systems Drives Growth

Depth sensing is the process of measuring the distance to an object with the help of a depth sensor device. The target to be measured can be a line, dot, or even a collection of dots making an area. The advent of depth sensors has made it possible to track monocular signs and the real depth values of the environment.

Besides this, depth sensors also have the capability to capture video data in 3D under any ambient light conditions. Depth sensors are able to extract features from images with added scope because they have the ability to measure actual distance data from any article.

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Rise in demand for applications such as gesture control, face recognition, augmented reality and virtual reality, and scanning are boosting demand for depth sensing technology around the globe.

The global depth sensing market is expanding at a higher pace, owing to factors such as increase in usage of depth sensing technology in augmented reality and virtual reality gaming applications and rise in need for enhanced security and surveillance systems among end-users.

Apart from this, rise in acceptance of dual-camera smartphones and robust expansion in the smartphone market are factors that are expected to propel demand for depth sensing technology across the world during the forecast period. This is primarily because smartphone manufacturers are currently using depth sensing technologies to enable recognition, authentication, and facial detection in their devices.

However, high cost burden is a major factor that is anticipated to hinder the global depth sensing market in the near future.

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