As per the analysis by Market Research Future Reports, the worldwide depth sensing industry is estimated to value USD 7.43 Billion, with a CAGR of 11.64% by 2023. The global depth sensing market 2020 is expanding due to the factors like the growing use of depth-sensing technology in gaming applications. The market is augmenting due to increased demand for depth sensors in applications such as virtual reality and augmented reality, face recognition, gesture control. Besides, the growing demand for efficient security and surveillance systems among end-users is also driving the market. Furthermore, increasing depth-sensing techniques in smartphones to allow facial recognition, detection, and authentication are likely to augment the demand for depth sensing during the review period. The players in the depth sensing market include established and emerging companies as well. Companies adopt various strategies to increase their presence. Product portfolio expansion is one of the most important strategies. Besides, extensive research and development is another strategy adopted by companies. The key players also adopted inorganic strategies like partnerships, mergers, joint ventures, and acquisitions of startups to enhance their operations and provide better facilities to the potential customers. However, the requirement of perfect angle for stereo depth sensing and the expensive cost of the depth sensors are some of the factors hindering the expansion of the world depth sensing market in the forthcoming period.
Get Free Sample Report : https://www.marketresearchfuture.com/sample_request/6951
The breakthrough of COVID-19 is also likely to affect the market. We will provide COVID-19 impact analysis with a report.
Market Segmentation
The global depth sensing market can be segregated into technology, component, vertical, type, and region.
On the basis of technology, the global depth sensing market can be classified into structured light, stereo vision, and time of flight.
On the basis of component, the global depth sensing market can be classified into sensors, camera or lens module, and illuminator.
On the basis of vertical, the global depth sensing market can be classified into industrial, automotive, medical, consumer electronics, and others.
On the basis of type, the global depth sensing market can be classified into active and passive depth sensing.
On the basis of region, the global depth sensing market can be classified into Europe, North America, Asia-Pacific, and the Rest of the World (RoW).
Access Report Details @ https://www.marketresearchfuture.com/reports/depth-sensing-market-6951
Regional Analysis
The geographical analysis of Europe, North America, Asia-Pacific, and the Rest of the World (RoW) has been conducted. The global market for depth sensing is likely to expand considerably during the forecast period from 2018 to 2023. As per the analysis, the APAC region leads the global market due to the increasing demand for depth sensing in consumer electronics, which comprises of gaming headsets, tablets, and smartphones. On the other hand, North America is estimated to witness considerable growth during the review period owing to the rising demand for 3D imaging technology, increased proliferation of gaming and video content. The region is propelling due to the fast adoption of 3D sensors. The deployment of 3D sensors is increasing in various end-user verticals such as healthcare, automotive, and aerospace and defense, and automotive.
Key Players
The most significant players of the worldwide depth sensing market are Intel (US), Texas Instruments (US), Infineon Technologies (Germany), Qualcomm (US) Stereolabs (US), Creative Technology (Singapore), Espros Photonics Corporation (Switzerland), pmdtechnologies AG (Germany), Sony Depthsensing Solutions (Belgium), BECOM Bluetechnix GmbH (Austria). Some of the other players are LIPS Corporation (Taiwan), Nerian Vision Technologies (Germany), Aquifi (US), Melexis (Belgium), Vrmagic Holding AG (Germany), Tower Semiconductor (Israel), Occipital (US), PrimeSense (Israel), Sunny Optical Technology (China), ASUSTeK Computer (Taiwan).
About Market Research Future:
Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.
We at MRFR provide syndicated and customized reports to clients as per their liking. Our consulting services are aimed at eliminating business risks and driving the bottomline margins of our clients. The hands-on experience of analysts and capability of performing astute research through interviews, surveys, and polls are a statement of our prowess. We constantly monitor the market for any fluctuations and update our reports on a regular basis.
Global e-passport and e-visa Market Research Report — By Type (Biometrics, RFID), By Application (Leisure Travel, Business Travel, Identification/Proof, Immigration/Border Control) By Hardware Components (Antenna, Processor/Chip) — Forecast till 2023Market HighlightsThe e-passport and e-visa market has been studied by Market Research Future (MRFR) analysts to understand what trends are impacting its outcome and how it is going to fare in the coming years.
The entire process to work things digitally would help the end user in getting approvals for e-visa in a simplified way.At the same time, this will curb hassles during the immigration process.
However, in under-developed countries this idea of e-passport and e-visa is yet to get a proper acknowledgement as they lack infrastructure.Competitive AnalysisThe E-Passport and E-Visa Market includes a study of various companies like 4G identity solutions private limited (U.A.E), Cardlogic limited (Ireland), Eastcompeace (China), Safran identity and security (France), Muehlbauer group (Malaysia), Iris Corporation (Malaysia), Datacard group (U.S), Oberthur Technologies (France), Giesecke & Devrient limited (Germany), HID Global Corporation(U.S), and Infineon Technologies (Germany), Gemalto NV (the Netherlands), Cardlogix Corporation (U.S), Morpho B.V- Idemia (France), and others.Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/6110SegmentationThe global study of the e-passport and e-visa market has been reviewed by MRFR analysts on the basis of a segmentation that includes type, application, and hardware components as important measures.By type, the global review of the e-passport and e-visa market has been sub-segmented into biometrics and RFID.
The travelling segment can be assessed on the basis of leisure travel, business travel, and foreign affairs.By hardware components, the understanding of the e-passport and e-visa market includes a study of antenna, processor/chip, and others.Regional AnalysisIn North America, investment in the sector, infrastructure, and easy adoption of advanced technologies will boost the market.
In Europe, the market will find similar tailwinds.Industry NewsIn 2020, the Bangladesh government announced that they are incorporating e-passport as a standard measure.
This comes in line with India’s decision to step forward with e-passports and the two countries have agreed to reduce the problems associated with document processing.
Market growth attributes to the spurting rise in demand for the latest security & authentication technologies in various information sensitive industries.
Besides, the rising uptake of IoT securities in IT, BSFI, and telecom sectors create substantial market demand.
Moreover, the high adoption of cloud-based technology by organizations and government agencies escalate market growth.The market analysts authoring this report have provided detailed information on key growth drivers, restraints, challenges, trends, and IoT Security Market opportunities.Market Research Future (MRFR), in its latest IoT security market report, asserts that the market is poised to grow at a massive CAGR of 32.6% during the review period (2019-2025).
Also, increasing digital data transmissions via smartphones and evolving network services, namely 3G, 4G, create substantial market demand.Get Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/2256Additionally, the high demand for IoT security services by the healthcare sector, alongside the increased digital technology growth that has increased vulnerability of data loss or cyber-attacks in telecommunications, boosts the market growth.
IoT security market trends, such as the growing integration to enhance multi-factor authentication and access management & SSO services in eCommerce sectors, accelerate the growth of the market.Global IoT Security Market – SegmentsThe report is segmented into five dynamics;By Type : Network Security, Endpoint Security, Solution Security, and Cloud Security.By Solution: Identity Access Management, Device Authentication & Management, Secure Communication, Security Analytics, Trusted Identification, Data Encryption and Tokenization, and others.By Technology: Facial Recognition, Iris Recognition, Fingerprint Identification, and others.By Vertical : Retail, Manufacturing, Healthcare, Transportation, Energy & Utilities, IT & Telecommunication, BFSI, and others.By Regions : Asia Pacific, North America, Europe, and the Rest-of-the-World.Global IoT Security Market – Regional AnalysisNorth America leads the global IoT security market.
The largest market share attributes to the rapid deployments of IoT security solutions and services across the industry verticals for securing the IoT devices and sensors.
