Global Gesture Recognition Market 2014-2018

Reportstack Announces the Publication of its Research Report - Global Gesture Recognition Market 2014-2018. The following companies are the key players in Global Gesture Recognition Market: Cognitec Systems GmbH, CogniVue Corp., eyeSight Mobile Technologies Ltd., GestureTek Technologies Inc., Omek Interactive Ltd., PointGrab Ltd., PrimeSense Ltd., SoftKinetic Inc., Cross Match Technologies Inc., Elliptic Labs, Irisguard Inc. , Intel Corp., Microchip Technology Inc., Pebbles Ltd., Pyreos Ltd., Qualcomm Inc., and Thalmic Labs Inc.

“The vendor landscape of the Global Gesture Recognition market consists of a number of companies that are involved solely in the development of gesture recognition technology and devices. A number of companies are already considering the option of providing gesture recognition technology as part of their product portfolio. In July 2011, Qualcomm Inc., a provider of next-generation mobile technologies, acquired the gesture recognition assets of GestureTek Technologies Inc. Following this, the technology was embedded into Qualcomm’s Snapdragon processors, thereby helping its customers develop devices that are gesture recognition-enabled.”

According to the report, the growth of the Global Gesture Recognition market is driven by several drivers, of which the cost-effectiveness of gesture recognition solutions is very important. Gesture recognition solutions require only the software and a camera with a sensor for the recognition process, resulting in their affordable cost. Moreover, as a result of technological advancements, the costs of these devices are reducing tremendously. This is encouraging end-users to adopt gesture recognition technology, thereby contributing to the growth of the market.

Further, the report states that despite the presence of several drivers, the vendors in the Global Gesture Recognition market are facing certain challenges. One such challenge is the lack of standardization of gesture movements. For instance, in the application of gesture recognition, a subtle movement of the user's hand could result in the activation of a function that the user did not intend. Therefore, a certain level of standardization is required to ensure the accuracy of gesture recognition in different applications. Thus, this lack of standardization is expected to affect the growth of the Global Gesture Recognition market.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit http://www.reportstack.com/product/150770/global-gesture-recognition-market-2014-2018.html