The total Smart TV Gesture Recognition Market is expected to reach $479.88 Million by 2018 at a higher CAGR from 2012 till 2018. The market value in 2012 was lower. Gesture recognition technology is the ability to communicate with machines utilizing human bodily forms of motion which commonly originates from face or hand. The ‘gesture recognition’ technology in the Smart TV enables the user to work together with a device in order to achieve definite tasks without the need to touch it. The report acutely focuses on the ‘Smart TV gesture recognition’ market. The gesture recognition Smart TV can be divided into two broad markets based on the technologies, namely 2D and 3D market. The report deals with the analysis of all the technologies of the abovementioned broad markets and the gesture recognition market.
The report focuses on the in-depth segmentation of these markets by the different hardware, and software technologies. The market has been segmented by technologies such as 2D camera based and 3D camera based. The report also analyzes revenue and unit shipments of the gesture recognition smart TV.
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This report analyzes the findings by considering the market dynamics that shape it up. Market estimations and forecasts have been done using market dynamics. The report also gives detailed profiles of various companies currently active in these markets. In addition to the company profiles, the report does provide a competitive landscape (CL) of the key players for each of the markets. The CL covers market share analysis, mergers and acquisitions, collaborations, partnerships, new product developments, and the key growth strategies of each player.
The gesture recognition market is also mapped against geography. The market by geography is segmented by various economic regions such as the Americas, EMEA, and APAC. The regional market has been further broken down by country, which gives a detailed insight of regional profit pockets and potential emerging markets. Apart from market segmentation, the report includes critical market data showing the price trend analysis.
The interactive nature of consumer electronics willdrive the demand forcontact free interaction which has boosted the gesture recognition market. In the overall gesture recognition market, the consumer application will be the highest revenue generator and will lead the market from the demand side. TheAmericas lead the market for the rapid adaptability of technology, with the Europeans.
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Microsoft’s Kinect in 2010 has now given a major push to the concept of gesture recognition in the consumer electronics market. The innovative and superior user experience offered by various technologies has gathered attention from a number of OEMs across many applications. This has resulted in the launch of products ranging from Smart TVs thatintegrate with gesture recognition technologies.
The report’s detailed segmentation by hardware technology, software, and geography covers all the existing and emerging technologies in the gesture recognition Smart TVmarket. The major technologies that have been extensively covered in the report are2D camera based and 3D technologiesincluding stereoscopic, structured lighting, and 3D time-of-flight.
One of the objectives of the research study was to analyze the market trends for each of the gesture recognition technologiesand their price trend. The growth rates of the various technologies and the gesture recognition enabled consumer electronic devices.
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