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 regions 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.
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.
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
