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Gesture Recognition Market Opportunities, Business Strategy and Growth Factors till 2023

Market Research Future published a research report on “Gesture Recognition Market Research Report- Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Gesture Recognition Global Market – Overview

Gesture recognition refer to the ability of the machines to correctly predict the human gestures which can be used to convey the information to the computer for controlling the device. Gesture recognition allows humans to communicate with the computers which helps reducing the need of various components such as mouse, buttons and keys. Gesture recognition uses 2D, 3D cameras, ultrasonic screens and infrared sensors to read human body -motions usually hand signals which are converted into a response that is given to the computer for controlling the devices. Combining gesture recognition with other user interface technologies such as face recognition and voice command, enhance user experience by improving the usability of the device. The key drivers for the growth of Gesture Recognition Market is the enhanced user experience and lower installation cost. The increasing implementation of gesture recognition technology in various electronic devices such as desktop computers, laptops and smartphones are fueling the growth of the market. Gesture recognition has applications in various industries such as automotive, healthcare, media & entertainment, telecom and among others. This technology is mostly used in media & entertainment industry, especially in gaming. Gaming consoles such as Xbox uses Microsoft Kinect a motion gaming system without a controller. The user is the controller. Xbox console uses motion sensors which tracks the entire body of the user and uses it as a controller. The user performs an action which gets reflected in the game, enhancing the user experience as user perceives that they are the part of the game.

The gesture recognition also benefiting other sectors. For instance, gesture recognition is used in the sign-language recognition software which helps physically disable peoples to connect with and control their computers. There is much scope for gesture recognition in the medical sector, where surgery may be carried out by robots which recognize the hand gestures of the surgeon, reducing the surgery time and increasing the accuracy of the surgery.

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Key Players

Some of the key players in the market are Microsoft Corporation (U.S.), Intel Corporation (U.S), Apple Inc. (U.S), Iris guard (Jordan), Qualcomm Inc.(U.S), Prime Sense Limited (Isreal), Omron Corporation (Japan),  SoftKinetic (Belgium), Texas Instruments (U.S.), Infineon Technologies (Germany) and others.

Gesture Recognition Global Market - Segmentation

  • Segmentation by Technology: Sensors, 2D gesture technology and 3D gesture technology.
  • Segmentation by Product: Touch-less system and Touch-based system.
  • Segmentation by Application: Media & Entertainment, Automotive, Healthcare, Transportation, IT, Telecom and others.
  • Segmentation by Region: North America, Europe, Asia-Pacific, Rest of the World.

Gesture Recognition Global Market - Regional Analysis

The regional analysis of gesture recognition market is studied for North America, Europe, Asia Pacific and Rest of the World.

North America is expected to dominate the market of gesture recognition due to presence of major key players such as Intel Corporation, Microsoft Corporation, Microchip Corporation, Apple Incorporation, which are continuously innovating the technology of gesture recognition. For instance, Apple Inc, patented the 3D camera used for depth mapping used for gesture control. The North America region is also gaining immense investments for development of 3D gesture and touch-less technology.

Asia-Pacific is expected to be the fastest growing region during the forecast period. The countries like China and Japan are focusing on the OEMs to implement the gesture recognition technology in their products. Also, the major players are offering enhanced user experience by implementing the gesture recognition in consumer electronic products such as smartphones, cameras, laptops which resulting in the growth of gesture recognition market.

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List of Figures

Figure 1 Global Gesture Recognition Market: Drivers & Restraint

Figure 2 Global Gesture Recognition Market: Supply Chain Process

Figure 3 Global Gesture Recognition Market: Porter’s Five Forces Analysis

Figure 4 Global Gesture Recognition Market, By Technology (Usd Billion)

Figure 5 Sensor Technology, Gesture Recognition Market, By Region (Usd Billion)

Figure 6 2d Gesture Technology Gesture Recognition Market, By Region (Usd Billion)

Figure 7 3d Gesture Technology Gesture Recognition Market, By Region (Usd Billion)

Figure 8 Global Gesture Recognition Market, By Application (Usd Billion)

Figure 9 Automotive Gesture Recognition Market, By Region (Usd Billion)

Figure 10 Healthcare Gesture Recongnition Market, By Region (Usd Billion)

Figure 11 Consumer Electronic, Gesture Recognition Market, By Region (Usd Billion)

Figure 12 Transport Gesture Recognition Market, By Region (Usd Billion)

Figure 13 Commercial Gesture Recognition Market, By Region (Usd Billion)

Figure 14 It/Telecom Gesture Recognition Market, By Region (Usd Billion)

Figure 15 Others Gesture Recognition Market, By Region (Usd Billion)

Figure 16 Global Iot Managed Services Market, By Organization Size (Usd Million)

Figure 17 Touchless Gesture Recognition Market, By Application (Usd Billion)


Know More about this Report @ https://www.marketwatch.com/press-release/gesture-recognition-market-size-global-overview-key-players-analysis-statistics-business-strategy-opportunity-assessment-future-trends-and-regional-forecast-2023-2019-04-29

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