About 2D gesture recognition technology
2D gesture recognition technology can be integrated into any device that has a 2D camera, which makes them very cost-effective.
Technavio's analysts forecast the global 2D gesture recognition market in consumer electronics to grow at a CAGR of 20.9% the period 2014-2019.
Covered in this report
Technavio's report, Global 2D Gesture Recognition Market in Consumer Electronics 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the global 2D gesture recognition market in consumer electronics and its growth prospects in the coming years.The report also includes a discussion on the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Global 2D Gesture Recognition Market 2015-2019
Technavio recognizes the following companies as the key players in the Global 2D Gesture Recognition Market: Cognitec Systems, CogniVue, eyeSight Mobile Technologies and PointGrab
Other Prominent Vendors in the market are: AMD, Apple, Cross Match Technologies, Elliptic Labs, Gesture Technologies, Irisguard, Intel, Microchip Technology, Pebbles, Pyreos, Qualcomm and Thalmic Labs
Commenting on the report, an analyst from Technavio’s team said: “A number of large vendors in the market acquire other players to increase their geographical presence and stay competitive in the market. For instance, Microsoft acquired ToF technology developers 3DV and Canesta in 2009 and 2010. In 2011 Qualcomm acquired the gesture recognition assets of GestureTek Technologie . Following this, the technology was embedded into Qualcomm’s Snapdragon processors, which has helped its customers develop gesture recognition-enabled devices.”
According to the report, the demand for devices such as smartphones, tablets, gaming consoles, and TVs is growing moderately. Advances in technology, increased functionalities, and decreased prices are driving the demand for these devices.
Further, the report states that low value addition of gesture recognition technology is hindering the market growth.
Cognitec Systems, CogniVue, eyeSight Mobile Technologies, PointGrab, AMD, Apple, Cross Match Technologies, Elliptic Labs, Gesture Technologies, Irisguard, Intel, Microchip Technology, Pebbles, Pyreos, Qualcomm, Thalmic Labs
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