TechNavio Says Global Gesture Recognition Market for Smart TV Will Post CAGR of 33% Through 2019

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.