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The Gesture Recognition in Consumer Electronics Market is estimated to hit $25.94 billion by 2023

Asia-pacific holds the highest gesture recognition devices market share, and is estimated to grow at a CAGR of 40.6% from $2.411 billion in 2017 to $17.026 billion by 2023. The main reason for the growth of the market in this region is a heavily populated area, and is having major market share for computing devices.<br>Americas is one of the dominant markets in gesture recognition in the consumer electronics market. The main reason for the growth of this market is due to the use of sensors that are rapidly increasing in computing devices for different types of gestures. Also the key players are coming with new technologies and software applications pertaining to gesture recognition are being developed in order to cope up with the rising competition and to lead the market.<br>

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The Gesture Recognition in Consumer Electronics Market is estimated to hit $25.94 billion by 2023

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  1. The Gesture Recognition in Consumer Electronics Market is estimated to hit $25.94 billion by 2023

  2. Asia-pacific holds the highest gesture recognition devices market share, and is estimated to grow at a CAGR of 40.6% from $2.411 billion in 2017 to $17.026 billion by 2023. The main reason for the growth of the market in this region is a heavily populated area, and is having major market share for computing devices. Americas is one of the dominant markets in gesture recognition in the consumer electronics market. The main reason for the growth of this market is due to the use of sensors that are rapidly increasing in computing devices for different types of gestures. Contact : sales@industryarc.com

  3. Selected Analysis done in the full Report: Gesture recognition technology is based on the sensors, which is used in various electronic devices such as gaming devices, smartphones, tablets, laptops, PCs, smart televisions, set top boxes and wearable devices. Each and every product has its own lifespan. Laptops and PCs hardware lifespan is about 5-6 years, and the apps and software applications need to be updated every 5-6 months that depends on the app that is used in the system. The life span of gaming devices with gesture technology is less which is around one year. Gaming gesture related software should be updated every 2-3 months, and usually depends on the app. Contact : sales@industryarc.com

  4. Excerpts on Market Growth Factors Mentioned in the Full Report: • The ease of using gesture recognition technology has led to the increasing adoption of this technology in various applications including aerospace, building automation, medical applications, and automobile applications. The growing adoption rate is projected to propel the market growth. • Integration of gesture recognition systems in cars, trucks etc. are found to enhance the levels of safety of drivers and passengers by enabling the user to control various devices by simple gestures. This factor is expected to drive significant growth for the market. Contact : sales@industryarc.com

  5. Key Players of the Gesture Recognition in Consumer Electronics Market • ELLIPTIC LABS • EYESIGHT TECHNOLOGY, LTD. • GESTURETEK, INC. • GESTIGON GMBH • LEAP MOTION • LG ELECTRONICS INC. • MICROCHIP TECHNOLOGY INC. • MOVEA SA and Others Download Sample Report Contact : sales@industryarc.com

  6. You Can Customize the Report as Per Your Need. We have included Some Customization Options Company Profile Analyst Briefing Data Tables Key Contacts Contact : sales@industryarc.com

  7. About IndustryARC IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare. IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business. Contact : sales@industryarc.com

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