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Asia-Pacific Gesture Recognition & Touchless Sensing Market is Growing at a CAGR of 83.18% & to Reach $4.18 Billion By 2018 - New Report by MarketsandMarkets
Date:5/3/2013

(PRWEB) May 03, 2013

According to the new market research report, "Asia-Pacific Gesture Recognition & Touchless Sensing Market (2013 - 2018): By Technology (2D, 3D, Ultrasonic, IR, Capacitive); Product (Biometric, Sanitary); Application (Healthcare, Consumer Electronics, Automotive); Country (India, China, Japan, South Korea, Taiwan & Oceania)," is expected to reach $4.18 billion by 2018 growing at a CAGR of 42.33%.

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  • 150 Market Data Tables
  • 56 Figures
  • 357 Pages & an In-depth Table of Content on Asia-Pacific Gesture Recognition & Touchless Sensing Market.

http://www.marketsandmarkets.com/Market-Reports/asia-pacific-gesture-recognition-and-touchless-sensing-market-1122.html

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The new construction outlook in the region, especially commercial sector, and the increasing focus by government bodies on security has spurred growth of the market in this region. The increasing concerns related to sanitation and hygiene is expected to drive the touchless sanitary equipment market. The Touchless Biometrics market is driven by the Aadhaar number initiative in India and the e-passport program in the region. China is expected to lead the touchless sensing market for both sanitary equipment and Touchless Biometric products by 2018.

Asia Pacific region has had a glimpse of gesture recognition with the launch of Microsoft's Kinect in Japan on November 20th, 2010. The popularity of the device has caught the attention of the OEMs in the region. The region has witnessed a significant number of product launches since then. For instance, Pantech, a South Korean smartphone OEM, has launched
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