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(Wireless-NewsWire.Com, May 05, 2017 ) Publisher’s market research analyst predicts that the global market for motion-controlled remotes will grow steadily at a CAGR of more than 9% by 2020. The increasing adoption of smart TVs among the populace and the high penetration of direct-to-home (DTH) connections globally are the two primary factors that bolster market growth during the forecast period.
Geographically, the APAC region is anticipated to account for more than 44% of the total market share by the end of 2020. Much of this region’s growth can be attributed to the augmented adoption of smart TVs during the forecast period. This growing adoption of smart TVs will bolster the need for motion-controlled remotes, which in turn will lead to market growth during the forecast period.
For more information http://www.reportsweb.com/global-motion-controlled-remote-market-2016-2020
Technology-based segmentation of the motion controlled remote market
IR-based motion-controlled remotes
RF-based motion-controlled remotes
In this market study, analysts have estimated the RF-based motion-controlled remotes segment to be the fastest growing market segment during the predicted period. The ability of these remotes to eliminate the line-of-sight limitation, which is common in IR-based remotes, will lead to the growth of this segment during the forecast period.
Segmentation by end-user and analysis of the motion controlled remote market
Smart TV
Gaming console
Set-top box
Publisher market research analysts estimate the smart TV segment to dominate the market during the forecast period. Since smart TVs need a smart, simple, and efficient input device for navigational purposes, an increase in the adoption of these televisions will bolster the need for motion-controlled devices during the estimated period.
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Competitive landscape and key vendors
The global motion controlled remote market is dominated by large vendors like LG and Nintendo. Since the market is still in its nascent stage, the proliferation of consumer electronic devices integrated with motion-sensing software will increase the growth prospects of the market during the forecast period.
The leading vendors in the market are -
Hillcrest Labs
LG
Nintendo
Samsung
SMK
Other prominent vendors in the market include Ruwido, 4MOD Technology, and Invensense.
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ReportsWeb.com
Priya Sisodia
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sales@reportsweb.com
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