NEW YORK, Sept. 15, 2021 /PRNewswire/ -- The gesture recognition market for consumer electronic devices in the technology hardware, storage & peripherals industry is poised to grow by USD 929.71 million during 2021-2025. Technavio's latest market research report estimates that the gesture recognition market for consumer electronic devices will progress at a CAGR of 25.51%. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
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The surge in the number of patent-related activities among market vendors, increase in the use of 3D cameras, and growth of PUI technology will offer immense growth opportunities. However, factors such as lack of standardization in gestures and movements may threaten the growth of the market.
Gesture Recognition Market for Consumer Electronic Devices 2021-2025: Segmentation
Gesture Recognition Market for Consumer Electronic Devices is segmented as below:
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Gesture Recognition Market for Consumer Electronic Devices 2021-2025: Vendor Analysis and Scope
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. In addition, to help businesses improve their market position, the gesture recognition market for consumer electronic devices provide a detailed analysis of around 25 vendors operating in the market. Some of these vendors include Cipia Vision Ltd., Crunchfish AB, Elliptic Laboratories AS, GestureTek, Infineon Technologies AG, Intel Corp., Motion Gestures, PointGrab Inc., Samsung Electronics Co. Ltd., and Sony Group 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 & M&As as well as go-to-market strategy support.
The report also 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
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