TechNavio, a tech-focused research firm, has published a new report on the Global Gesture Recognition Market for Smart TV, which is expected to post a CAGR of 33.07 percent from 2014-2019.

According to the latest report from TechNavio, development of gesture recognition technologies by OEMs will provide a boost to the global market. Microsoft's Kinect was one of the first devices to use gesture recognition technology, and received an enthusiastic response from consumers, which has motivated vendors in this segment.

“An increasing number of OEMs are now using gesture recognition technologies, which has subsequently resulted in increasing consumer confidence and trust in the use and viability of this technology,” says Faisal Ghaus, Vice President of TechNavio.

The report also emphasizes the emergence of stereoscopy or 3D imaging in smart TVs that creates an illusion of depth in an image. It helps provide accurate visuals, and improves the visualization and perspective of the 2D image.

“Stereoscopy improves the cinematic experience in a smart TV, thus leading to an increase in demand for smart TVs among individual consumers, which will ultimately lead to growth in the gesture recognition segment of the market,” says Ghaus.

TechNavio currently has more than 3000 market research reports on a huge range of topics, including:

  • Global RF Devices for Smart TV Market 2014-2018
  • Global RF Devices market for Set-top Boxes 2015-2019

About TechNavio

TechNavio is a leading global technology research and advisory company.

Founded in 2003, TechNavio has about 200 analysts globally and develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries.

TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

If you are interested in more information, please contact our media team at media@technavio.com.