Technavio has been monitoring the gesture recognition market for consumer electronic devices and it is poised to grow by USD 612.59 million during 2020-2024, progressing at a CAGR of almost 22% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Gesture Recognition Market for Consumer Electronic Devices 2020-2024 (Graphic: Business Wire)
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The market is concentrated, and the degree of concentration will accelerate during the forecast period. ArcSoft Corp. Ltd., Crunchfish AB, Elliptic Laboratories AS, Eyesight Technologies Ltd., GestureTek, Intel Corp., Microchip Technology Inc., Microsoft Corp., Motion Gestures, PointGrab Inc., Samsung Electronics Co. Ltd., and Sony Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The growth of PUI technology has been instrumental in driving the growth of the market. However, the high price of gesture recognition technology might hamper the market growth.
Gesture Recognition Market for Consumer Electronic Devices 2020-2024: Segmentation
Gesture Recognition Market for Consumer Electronic Devices is segmented as below:
-
Technology
- 2D
- 3D
-
Geography
- APAC
- North America
- Europe
- South America
- MEA
-
Product
- Smartphones
- PCs
- Smart TVs
- Tablets
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Gesture Recognition Market for Consumer Electronic Devices 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our gesture recognition market for consumer electronic devices report covers the following areas:
- Gesture Recognition Market for Consumer Electronic Devices size
- Gesture Recognition Market for Consumer Electronic Devices trends
- Gesture Recognition Market for Consumer Electronic Devices industry analysis
This study identifies the growing interest in the solution-for-all concept as one of the prime reasons driving the gesture recognition market for consumer electronic devices growth during the next few years.
Gesture Recognition Market for Consumer Electronic Devices 2020-2024: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the gesture recognition market for consumer electronic devices, including some of the vendors such as ArcSoft Corp. Ltd., Crunchfish AB, Elliptic Laboratories AS, Eyesight Technologies Ltd., GestureTek, Intel Corp., Microchip Technology Inc., Microsoft Corp., Motion Gestures, PointGrab Inc., Samsung Electronics Co. Ltd., and Sony Corp. Backed with competitive intelligence and benchmarking, our research reports on the Gesture Recognition Market for Consumer Electronic Devices are designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
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Gesture Recognition Market for Consumer Electronic Devices 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist gesture recognition market for consumer electronic devices growth during the next five years
- Estimation of the gesture recognition market for consumer electronic devices size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the gesture recognition market for consumer electronic devices
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of gesture recognition market for consumer electronic devices vendors
Table Of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Smartphones – Market size and forecast 2019-2024
- PCs – Market size and forecast 2019-2024
- Smart TVs – Market size and forecast 2019-2024
- Tablets – Market size and forecast 2019-2024
- Market opportunity by Product
Market Segmentation by Technology
- Market segments
- Comparison by Technology
- 2D – Market size and forecast 2019-2024
- 3D – Market size and forecast 2019-2024
- Market opportunity by Technology
Customer Landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC – Market size and forecast 2019-2024
- North America – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Market Drivers – Demand led growth
Market Challenges
Market Trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- ArcSoft Corp. Ltd.
- Crunchfish AB
- Elliptic Laboratories AS
- Eyesight Technologies Ltd.
- GestureTek
- Intel Corp.
- Motion Gestures
- PointGrab Inc.
- Samsung Electronics Co. Ltd.
- Sony Corp.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200819005337/en/