14 January 2019: Global
Gesture Recognition for Smart TV Market is an integration of
Internet and web applications into the television set. In the recent scenario,
Smart TV has incorporated with more developing technologies such as gesture
recognition component within it. This technology assists the user to
effortlessly relate with the Smart TV. The gesture facilitated devices can be
incorporated in the consumer electronics for creating the user's experience
highly interactive with the machines. Gesture recognition allows its user to
manage their smart TVs by means of hand gestures. Gestures can be sliced into
two types; extended gestures and gestures emulating computer mouse. Smart TV
gesture recognition is a structure that is fundamentally utilizes to incite
enhanced experience in terms of connectivity and interactive communication
between the human and machine.
The requirement for e-passport arrangement has also
augmented. Issues such as growing concerns for hygiene, expansion in travel
industries and education amenities, and improvement in user experiences are
some driving factors for gesture recognition Smart TV industry. These
categories of budding technologies are expected to have a soaring growth rate
over the forecast period. The most important confronted and faced by the
gesture recognition technology are soaring preliminary cost and alternative
cost of the devices and products. Gesture recognition machinery is now used by
OEMs such as Apple, Samsung, LG and others in the consumer electronic products.
The Smart TV industry is demanding to integrate more and more quality in a
single device. The augmentation rate will be very soaring over the forecast
period in this sector as the technology is budding at a rapid speed. The
gesture recognition market was previously commercialized in previous years, in several
consumer electronics products such as smart phones, tablets, and tvs. This
entire gesture recognition is planned by the software which is capable to carry
out all types of gesture application but the main drawback is, it is not that
dependable when it is utilized on a broader facet. The gesture recognition
technology is rising, to end user function from the semiconductor level which
is continuously transforming the smart TV market. The global gesture
recognition industry is expected to grow at a substantial growth which in
return is expected to fuel the growth of gesture recognition in Smart TV
market.
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The global Smart TV gesture recognition industry is
segregated on the basis of functionality into feature extraction, image
acquisition, gesture classification. On the basis of technology into 3D camera
based and 2D camera based. These two segments are further segregated on the
basis of software and hardware. 3D camera segment is expected to grow rapidly
over the forecast period owing to increasing demand of 3D TVs across the world.
Gesture classification segment is also expected to see a high growth rate owing
to increasing demand gesture controlled Smart TVs over the forecast period. On
the basis of region this market can be segregated into Asia Pacific, North
America, Europe and others. Asia Pacific is expected to grow rapidly over the
forecast period owing to increasing demand of consumer electronics coupled with
smart features and rise in disposable income among the budding economies of
Asia Pacific such as India and China. North America is expected to capture
maximum market share over the forecast period owing to increase advancements
and innovations in this region.
Some of the key players in this market are LG Electronics
Inc., Pointgrab Limited, Texas Instruments Incorporated, Leap Motion Inc, Softkinetic,
Sony Corporation, Tesna Inc., Panasonic Corporation, Thalmic Labs Inc, Eyesight
Tech, The Linux Foundation and Samsung Electronics. This market is highly
completive and fragmented .There is not much standardization in quality of
product but each company try to project itself really best in terms of product.
To capture maximum market share companies try to implement and use novel
innovations in their product, so that they are able to differentiate themselves
from other players in the market. The changing market dynamics of this market
can pose a great challenge for the new entrants in this market. Old players are
capable of tackling this challenge in better way. In last few years Gesture
Recognition for Smart TV Market has seen a very close competition between the
players. In this market domestic players are trying to go global due to
increasing opportunities in this sector. Companies are trying their best to
incorporate artificial intelligence with gesture technology in smart TV to
encourage robot human interaction. The companies in this market are trying
their best to design such technology which are more affordable and familiar for
their prospective customers. Companies are trying to design gesture controlled
communication aid for elderly and disabled peopled, and thus trying their best
expertise to incorporate it with Smart TVS.
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