Saturday, July 02, 2011

Global Touchless Sensing and Gesturing Market (2010-2015)

Research and Markets' "Global Touchless Sensing and Gesturing Market (2010-2015)" report predicts that gesture recognition market will reach $625M in 2015 from $200M in 2010 at an expected CAGR of 25.6% from 2010 to 2015. The numbers do not make sense to me, as Microsoft has announced that 8M Kinects were sold just in first 60 days. Assuming each Kinect costs $150, the 2010 market should be well over $1B, and 2011 market - much higher than that.

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