The Gesture Recognition in Consumer Electronics Market is estimated to hit .9Posted by Lohitha on August 7th, 2019 According to the new market research report by IndustryARC titled “Gesture Recognition in Consumer Electronics Market: By Products (Smartphones, Gaming Devices, Laptops, Television, Set Top Box); By Technology (Interactive Displays, Capacitive, IR, Ultrasonic, Electric Field, Image Sensor, MEMS) & By Geography – Forecast (2018-2023)”, the market is driven by the increasing demand for Gesture Recognition in Consumer Electronics across all the regions. View Full Table Of Contents Of Gesture Recognition in Consumer Electronics Market: https://www.industryarc.com/Report/81/gesture-recognition-in-consumer-electronics-market.html Asia-Pacific continues to lead the market share and growth during 2018-2023. Asia-pacific holds the highest gesture recognition devices market share and is estimated to grow at a CAGR of 40.6% from .411 billion in 2017 to .026 billion by 2023. The main reason for the growth of the market in this region is a heavily populated area and is having a major market share for computing devices. Selected / Sample Analysis done in the full Report: Gesture recognition technology is based on the sensors, which is used in various electronic devices such as gaming devices, smartphones, tablets, laptops, PCs, smart televisions, set-top boxes and wearable devices. Each and every product has its own lifespan. Smartphones and tablets hardware lifespan is about 3-5years, and the software involved in the smartphones should be updated every 3-5 months. Laptops and PCs hardware lifespan is about 5-6 years, and the apps and software applications need to be updated every 5-6 months that depends on the app that is used in the system. The life span of gaming devices with gesture technology is less which is around one year. Gaming gesture related software should be updated every 2-3 months, and usually depends on the app. Televisions generally have the lifespan of around 10 years, but if gesture control technology is introduced, it may decrease half of its life span. Wearable devices such as smart watch and smart glasses are generally based on the lifespan of the sensors. Talk to one of our sales representative about the full report by providing your details in the below link: https://www.industryarc.com/support.php?id=81 Excerpts on Market Growth Factors Mentioned in the Full Report: The ease of using gesture recognition technology has led to the increasing adoption of this technology in various applications including aerospace, building automation, medical applications, and automobile applications. The growing adoption rate is projected to propel the market growth. Key Players of the Gesture Recognition in Consumer Electronics Market: The key player of the gesture recognition market from different regions is Microsoft Corporation, and its gesture recognition market share is around 24% due to the gaming devices in which the Kinect sensor plays a crucial role. Microsoft has its own hardware devices related to gesture recognition gaming consoles. Media Contact: Mr. Venkat Reddy About IndustryARC: IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life sciences and Healthcare. Like it? Share it!More by this author |