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Gesture recognition & touchless sensing market worth $22.04 billion by 2020
According to a new report, the total gesture recognition & touchless sensing market is expected to reach $22.04 Billion by 2020, growing at a Compounded Annual Growth Rate of 30.91% from 2013 to 2020.
The report's authors, by MarketsandMarkets, find that hygiene concerns and growth in demand of contact-free authentication has boosted the touchless sensing market. They say that overall, government applications will be the highest revenue generator and lead the market from the demand side; that the Americas lead the touchless sensing market for both sanitary equipment and touchless biometric products, and that Europe follows close behind.
The report's detailed segmentation by technology, by applications, and by geography covers all the existing and emerging technologies in the market. The major technologies that have been extensively covered in the report are the 2D camera based, infrared sensor arrays, capacitive/electric near field, ultrasonic and 3D technologies including stereoscopic, structured lighting, and 3D time-of-flight.
The statistics are given by products, application and geography. The broad markets of touchless sanitary equipment and touchless biometrics have been segmented by the various products. These include: Faucets, Soap Dispensers, rubbish bins, paper towel dispensers, flushes and hand dryers for sanitary equipment and fingerprint, iris recognition, face recognition and voice recognition for touchless biometrics.
The application segmentation of the market covers all the major applications such as healthcare, retail, consumer electronics, automobile and others (automation and home appliances) in detail.
Apart from market segmentation, report also includes qualitative analysis like the Porter's five force analysis, value chain with detailed process flow diagram, and market dynamics such as drivers, restraints, and opportunities for the overall market.
Early buyers will receive 10% discount on this report, which is entitled: 'Gesture Recognition & Touch-Less Sensing Market by Technology (2D, 3D, Ultrasonic, IR, Capacitive), Product (Biometric, Sanitary Equipment), Application (Healthcare, Consumer Electronics, Automotive), Geography (Americas, EMEA & APAC) - Global Forecasts and Analysis to 2013 - 2020'.
13th March 2014