Over the recent years, various industry verticals have incorporated gesture recognition technology to reduce technical complexity for end users. The sectors such as hospitality and tourism are incorporating this technology due to rising hygiene consciousness, government measures for water conservation, and low cost of maintenance amongst other factors. Additionally, due to the surging use of consumer electronics and Internet of Things, the global gesture recognition market is witnessing significant growth. Major players are investing into research and development activities to introduce various advancements in gesture recognition such as collection of real time data and incorporation of motion sensors in devices to interpret and track the gestures. The combination of 3D depth-sensing cameras and infrared cameras together with machine learning systems provide an in-depth and accurate understanding of the gestures. The penetration of gesture recognition solutions across other industries such as automotive, healthcare, consumer electronics and others is anticipated to amplify the growth of global gesture recognition market over the forecast period. The automotive sector, for instance, has incorporated gesture recognition technology on a large scale. For example, the BMW 7 series has integrated feature of gesture technology that recognizes five gestures to control music, incoming calls amongst the other things to enhance the driving experience.
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The rapid spread of the coronavirus pandemic has enforced government authorities to impose stringent regulations pertaining to social distancing and hand hygiene, so as to limit its further spread. In order to address the emerging challenges, technologies such as gesture recognition are being incorporated at various public places to help monitor the public behavior such as face mask detection, face hand interaction detection, social distancing tracking and others. As lockdowns are being lifted across countries, regulatory bodies and commercial establishments are investing towards ensuring safe and healthy environments and are thus incorporating touchless interactions or zero user interface. Restaurants, for instance, have established voice recognition for ordering and gesture for haptics feedback. In another instance, hospitals and organizations are incorporating contactless authentication like facial recognition, iris scans, hand gestures and others. Gesture recognition market participants are investing strategically so as to capitalize on the prevailing opportunity. For instance, LamasaTech, a digital technology provider, introduced VisiPoint, a gesture recognition platform for visitors to monitor their temperature and screening process. This platform enables the organizations to monitor entry logs, review temperature data and manage device settings remotely. Technological advancements along with increased adoption by various end-use industries showcases positive growth prospects for global gesture recognition market over the period of next eight years.
The global gesture recognition market is expected to grow at a CAGR of 20.5% during the forecast years (2021-2029).
The detailed research study provides qualitative and quantitative analysis of gesture recognition market. The market has been analyzed from demand as well as supply side. The demand side analysis covers market revenue across regions and further across all the major countries. The supply side analysis covers the major market players and their regional and global presence and strategies. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East & Africa and Latin America
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Key Findings of the Report:
- Touch based gesture recognition segment, which is widely used in consumer electronics, is witnessing significant growth. The demand for smartphones has been ever increasing and with advanced features such as multi touch and its functions such as zoom-in, zoom-out, and three-finger screenshot in smartphones has led to an increased adoption of gesture recognition solutions.
- In the recent years, gaming sector has experienced a huge growth. Gesture recognition has been incorporated in various gaming consoles and webcams for better user experience. For instance, Sony introduced Playstation Eye, a product of gesture recognition technology, for entertainment systems and gaming consoles.
- North America held the highest share in the global gesture recognition market in 2020 due to increased R&D investments in gesture recognition technologies. For instance, Canada based Thalmic Labs, manufactured a gesture recognition device, which can be worn on the forearm and integrated with various applications for gaming and health monitoring.
- Some of the major players operating in the global gesture recognition market are Google Inc., Microsoft Corporation, Apple Inc., and Qualcomm Technologies Inc. amongst others.
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Global Gesture Recognition Market:
By Technology
- Touch Based
- Touchless
By Authentication
- Hand/Fingerprint
- Face Recognition
- Vision/Iris Recognition
By Application
- Automotive
- Consumer Electronics
- Healthcare
- Hospitality
- Gaming
- Others (Education, Defense, Etc.)
By Region
- North America
-
- U.S.
- Canada
- Mexico
- Rest of North America
-
- Europe
-
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
-
- Asia Pacific
-
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
-
- Middle East & Africa
-
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of Middle East & Africa
-
- Latin America
-
- Brazil
- Argentina
- Rest of Latin America
-
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