Global Gesture Recognition Market for Smart TV 2015-2019
About Gesture Recognition in Smart TV
A gesture is a movement of hands, fingers, arms, body, and face of an individual. The gesture of an individual is captured via a camera that takes it as an input. The input then passes through a number of mathematical algorithms that can be used to trace the gestures of the individual. As the extraction of the features takes place, an image is developed through image processing. The image processing serves as an output. 2D gesture recognition is used in the consumer electronics such as smartphones, TVs, tablets, and laptops. The process of 2D gesture recognition starts from capturing of an image by camera. This image is then processed and matched against the stored database. The output is in the form of the motion changes in the consumer electronics.
TechNavio's analysts forecast the Global Gesture Recognition market for Smart TV to grow at a CAGR of 33.07 percent over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the Global Gesture Recognition market for Smart TV for the period 2015-2019. The report considers 2014 as the base year and provides data for the trailing 12 months. To calculate the market size, the report considers the revenue generated from the sale of the gesture recognition solutions for smart TV. The scope of the report covers smart TVs, which are a part of consumer electronic products with gesture recognition technology.The Global Gesture Recognition market for Smart TV is segmented on the basis of the following:
TechNavio Announces the Publication of its Research Report – Global Gesture Recognition Market for Smart TV 2015-2019
TechNavio recognizes the following companies as the key players in the Global Gesture Recognition Market for Smart TV: eyeSight Mobile Technologies Ltd., LG Electronics Inc., PointGrab Ltd. and Samsung Electronics Co. Ltd.
Other Prominent Vendors in the market are: ArcSoft, OMRON, Panasonic, SoftKinetic, Sony, Texas Instruments and Thalmic Labs.
Commenting on the report, an analyst from TechNavio’s team said: “Emergence of stereoscopy in smart TVs is one of the upcoming trends in this market. Stereoscopy creates an illusion of depth in an image and creates a 3D effect from 2D images also. It helps in giving accurate visual images, improving the visualization and perspective of the 2D image.”
According to the report, the development of gesture recognition technologies by original equipment manufacturers is one of the major drivers in this market. OEMs such as Sony, use gesture recognition technology, and this helps to generate a sense of trust and goodwill among end-users.
Further, the report states that high initial and replacement costs are one of the major challenges in this market. End-users need to make heavy investments to install smart TVs. Individual consumers may find it difficult to bear these high initial costs.
eyeSight Mobile Technologies, LG Electronics, PointGrab, Samsung, ArcSoft, OMRON, Panasonic, SoftKinetic, Sony, Texas Instruments, Thalmic Labs