New Report Predicts 33 Percent CAGR for Gesture Recognition in Smart TVs

iStock_Multi-Modal-300x225A new report is predicting significant growth in the global market for gesture recognition technology in smart TVs. The report, “Global Gesture Recognition Market for Smart TV 2015-2019,” from Sandler Research, predicts growth at 33 percent CAGR between 2014 and 2019.
The researchers point to two major drivers of the market, which should work in tandem in the near future to push growth. The first and perhaps most important is the advancement of gesture recognition technology on the part of OEMs. The second factor is the emergence of stereoscopy in televisions, which allows for the illusion of depth in a two-dimensional image, and could allow even more accurate gesture recognition in technologies integrated with such televisions.
Gesture recognition is a biometric technology that’s been gaining prominence recently in a variety of applications. In the smartphone world, we’ve seen a company use it for user authentication purposes, asking users to develop unique gestures they’d use to unlock their phones, waving them around like magic wands. That particular application is not likely to beat out other authentication methods such as fingerprint and iris scanning, but it certainly highlights the versatility of gesture recognition technology, which has proven particularly appealing in other fields, such as gaming.