The global demand for Predictive Touch Market is presumed to reach the market size of nearly USD 3349.93 MN by 2028 from USD 360.51 MN in 2021 with a CAGR of 37.5% under the study period 2022 - 2028.
Predictive touch technology can enhance the current technology and user interface of many existing devices, such as PCs, tablets, mobile phones, laptops, and television. Predictive touch system predicts what the finger is aiming for before it even touches the screen and makes the selection without needing contact. Predictive touch system tracks the movement of the hand using a time-of-flight camera to keep track of its position relative to the screen. Predictive touch can reduce the physical touch-based interaction between the drivers and the display panel by up to 50 per cent. Predictive touch system is powered by artificial intelligence and comes equipped with a range of sensors.
Market Dynamics
The growth is attributed to technical innovations over the past two decades that have been taking place in the information technology industry. Moreover, the increased use of the IoT and AI technologies in many industrial and residential applications has been witnessing a boost in the growth of the global predictive touch market. The increase in applications of the predictive touch in automobile and healthcare industries because of its benefits over conventional touchscreens fuels the predictive touch market growth. Further, the global predictive touch market is also predicted to grow due to a surge in the transformation of business models, supported majorly by the adoption of advanced telecommunication services, such as 5G. However, the need for a trained and proficient workforce is the major factor that may limit the predictive touch market growth.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of predictive touch. The growth and trends of predictive touch industry provide a holistic approach to this study.
Market Segmentation
This section of the predictive touch market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Platform
- Windows Based Predictive Touch
- Android Based Predictive Touch
- IOS Based Predictive Touch
By Application
- Banking Financial Services And Insurance
- Government
- Public Administration
- Utilities
- Pharmaceutical
- Telecom And IT, Retail, Transportation And Logistics
- Healthcare
- Manufacturing
- Media And Entertainment
- Energy - Oil
- Gas And Electricity
- Engineering And Construction
- Tourism
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Predictive Touch market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Predictive Touch Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the predictive touch market include Microsoft, Nuance Communications Inc., Jaguar Land Rover, dotData Enterprise, Smartia, innoSEP, cogneXa. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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