Press release
Touchless Sensing Market 2021 Growth, COVID Impact, Trends Analysis Report 2027
The Touchless Sensing Market is expected to grow at an annual average of 17%, reaching $6.8 billion in 2020 to $15.3 billion in 2025. The main drivers of the market include increasing demand for non-contact detection, sanitation issues, and advantageous programs distributed by the government. The increasing demand for contactless biometrics solutions with smartphone's contactless sensing technology and upgraded tracking and control will create opportunities in the market. The main constraint in the market is the high conversion cost along with user resistance. The high cost associated with contactless sensing products poses significant challenges for this market.A full report of Touchless Sensing Market is available at: https://www.orionmarketreports.com/touchless-sensing-market/45953/
Key Market Players
Microsoft Corporation (US), Microchip Technology Inc. (US), Apple Inc. (US), Google Inc. (US), Sony Depthsensing Solutions SA/NV (Belgium), Infineon Technologies AG (Germany), OmniVision Technologies, Inc. (US), IrisGuard (UK), Cognitec Systems GmbH (Germany), and GestureTek (Canada), pmdtechnologies ag (Germany), PointGrab Inc. (Israel), XYZ Interactive (Canada), Elliptic Labs (Norway), Eyesight Technologies Ltd. (Israel), Ultraleap (UK), German Auto Labs GmbH (Germany), iPROOV Limited (UK), Gesture Research (India) and OBLONG INDUSTRIES (US) are a few major players in the touchless sensing market.
Touchless sensing market segmentation:
By Technology:
• RFID
• Camera-based
• Sensors
• Voice Assistance
• Others (NFC & Bluetooth)
By Product:
• Touch-less Sanitary Equipment
• Touchless Biometric
• Others (Contactless cards and RFID tags)
By Industry:
• Consumer Electronics
• Government
• Finance & Banking
• Healthcare
• Automotive
• Others (Retail & Hospitality)
By Geographic Analysis
• North America
• Europe
• APAC
• RoW
Reasons to Buying From us –
• We cover more than 15 major industries, further segmented into more than 90 sectors.
• More than 120 countries are for analysis.
• Over 100+ paid data sources mined for investigation.
• Our expert research analysts answer all your questions before and after purchasing your report.
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Touchless Sensing Market Report
• What was the Touchless Sensing Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Touchless Sensing Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Touchless Sensing Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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