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Global Gesture Recognition Market by Component Types (Touchless Systems, and Touch Based Systems), Applications (Consumer Electronics, Gaming, Aerospace & Defense, Hospitality, Education & Research, and Automotive) Global Opportunity Analysis and Industry

06-10-2021 04:40 PM CET | IT, New Media & Software

Press release from: Allied Market Research

Global Gesture Recognition Market by Component Types

Gesture recognition system (GRS) integrates imaging and computer systems by running predefined mathematical algorithms to interpret the specific gesture language. Gesture recognition systems, primarily include the interpretation of face and hand movements, facilitating interaction of humans with machines. The gesture recognition system has emerged as a popular technology over traditional mechanical interaction technologies.
Gesture recognition system market has witnessed a high growth in recent years. Factors such as willingness towards adoption of new technology and ease of use are primarily driving this market. Gesture recognition technology has numerous applications in smart TVs, gaming devices and smartphones. The boom in gaming, smart TV and smartphone industries has boosted the growth of gesture technology market. North America and Europe are the leading hubs for gesture recognition technology, particularly in automobile sector. America is also leading in consumer electronic sector by following the practices to integrate implementation of GRS by OEM’s at large level. The market growth is also supplemented by advancements in the entertainment & gaming industry.

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The gesture recognition system market is segmented on the basis of application, technology, product, and geography. The report highlights these segments covering their market trend, competitive scenario, key growth factors and market forecast. Cognitec, GestureTec, Cognivue, Microsoft corporation, Eyesight, Omek, Point Grab, Soft-Kinetic, Primesense, Crossmatch Technologies Inc., The Gesture System, Intel, Microchip are the key vendors in Gesture Recognition System market across global. These players are profiled in the report with detailed description on their business overview, financials, resent developments and strategies.

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Key Benefits of Gesture Recognition System Market Study:

This report outlines current and future trends of the global gesture recognition system market along with a detailed analysis of key factors influencing the market
The study highlights various segments depicting the growth potential of the global gesture recognition system market
In this study, the market current position is analysed qualitatively and quantitatively with a forecast for 2014-2020 to represent the financial appetency of the market
Key companies in the gesture recognition system market are profiled along with a SWOT analysis
Porters Five Forces model is used to analyse the potency of buyers & suppliers, along with a detailed study on the market competition. This would enable the market players to develop effective strategies
The report also provides value chain analysis, evaluating the role and value addition of key intermediaries involved in the value chain.

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in
Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched
quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business
insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their
respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods,
Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics,
Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data
that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every
data presented in the reports published by us is extracted through primary interviews with top officials from leading
companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and
discussion with knowledgeable professionals and analysts in the industry.

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