DALLAS, TEXAS -- (Marketwired) -- 08/13/13 -- According to a new market research report, "Europe Gesture Recognition & Touchless Sensing Market (2013 - 2018) Technology (2D, 3D, Ultrasonic, IR, Capacitive); Product (Biometric, Sanitary); Application (Healthcare, Electronics, Automotive); Region (Germany, U.K., France, Italy, MEA)", the total EMEA Market is expected to reach $4.82 billion by 2018 growing at a CAGR of 33.89% from 2013 to 2018.
-- 147 Market Data Tables-- 49 Figures-- 351 Pages and an in-depth Table of Content on "Europe Gesture Recognition & Touchless Sensing Market"
Touchless Sensing Technology Market is driven by several factors like:
-- Hygiene-- Low Maintenance Cost-- Government Measures for Water Conservation-- Tourism and Hospitality Industry and Many More.
Increasing security concerns for both physical and cyber access is the main reason for the growth of Touchless Biometric Market. Biometrics solution for several applications like automotive, banking & finance, commercial security, defense, travel & immigration and many more. The latest trends that are currently changing the pace of the market include; the legislative compliance to avoid fraud, use of multi model authentication in banking & finance, increasing security concerns for network, pc and internet security, smartphone-based mobile device.
Gesture Recognition Technology was there in the market since a long time but the first commercialized touch-less gesture recognition device was launched in 2010. EMEA Region has glimpse of Europe Gesture Recognition & Touchless Sensing Market with the launch of Microsofts Kinect in 2010, since then there have been several product launches with gesture recognition technology. The EMEA is dominated by consumer electronics with more than 99% market share among all the other applications. The growing demand for consumer electronics like smart phones and tablets provides a huge potential for this market.
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Mr. Rohan Salgarkar