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TMCNet:  Research and Markets: The Total Touchless Sensing and Gesture Recognition Market Expected to Reach $15.02 Billion by 2018 at a Double Digit CAGR from 2013 Till 2018

[February 26, 2014]

Research and Markets: The Total Touchless Sensing and Gesture Recognition Market Expected to Reach $15.02 Billion by 2018 at a Double Digit CAGR from 2013 Till 2018

DUBLIN --(Business Wire)--

Research and Markets (http://www.researchandmarkets.com/research/nfv2qz/gesture) has announced the addition of the "Gesture Recognition & Touchless Sensing Market (2013 - 2018): By Technology (2D, 3D, Ultrasonic, IR, Capacitive); Product (Biometric, Sanitary Equipment); Application (Healthcare, Consumer Electronics, Automotive); Geography (Americas, EMEA, & APAC)" report to their offering.

The touchless sensing and gesture recognition technologies enable a user to interact with a device to perform a specific task sans the need of touching it. The touchless sensing can be divided into two broad markets based on the applications, namely touchless sanitary equipment and touchless biometric market. The report deals with the analysis of all the technologies of the above-mentioned broad markets and the gesture recognition market. The market value in 2012 was approximately $2 billion


Key Take-Aways

- The global touchless sensing and gesture recognition market is estimated to grow at a healthy CAGR from 2013 till 2018 and to cross $15.02 billion by the end of these five years.

- The total touchless sanitary equipment market is expected to grow at a CAGR of above 37% from 2013 to 2018.

- APAC is the fastest growing region for touchless Biometric Market; followed by the EMEA region.

- For face recognition, government applications will dominate the market for the next five years.

- Currently, consumer electronics application contributes to more than 99% of the global gesture recognition market.

- The automotive application for gesture recognition is expected to be commercialized in 2015.

Companies Mentioned:

- Cognitec Systems Gmbh

- Cognivue Corporation

- Cross Match Technologies

- Elliptic Labs

- Espros Photonics Corporation

- Eyesight Tech

- Gestsure Technologies

- Irisguard, Inc.

- Microchip Technology (News - Alert) Inc.

- Microsoft Corporation

- Morphotrak

- Movea Sa

- Omek Interactive

- Pebbles Limited

- Pmdtechnologies Gmbh

- Pointgrab Limited

- Primesense Limited

- Pyreos Limited

- Qualcomm (News - Alert), Inc.

- Softkinetic

- Thalmic Labs Inc.

- Xyz Interactive Technologies, Inc.

For more information visit http://www.researchandmarkets.com/research/nfv2qz/gesture.

About Research and Markets

Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.


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