A Smart TV 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.
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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. The software,
which is capable to carry out all types of gesture application, plans this
entire gesture recognition 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.
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.
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Based on 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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