The
global gesture recognition market is anticipated to reach
USD 33.05 billion by 2025, growing at a CAGR of 21.3%, according to a new
report by Grand View Research, Inc. Increasing digitization across various
industries is driving the gesture recognition market. Ease of adoption due to
low technical complexity for end users has made consumer electronics industry
to gain highest market share. Many other industries also started using this
technology.
Rising
use of consumer electronics, Internet of Things, increasing need for comfort
& convenience in product usage is driving the gesture recognition market.
The technological advancement and ease of use have gained gesture recognition
technology global acceptance. The increase in awareness about regulations and
driver safety has increased the demand for gesture recognition systems in the automobile
industry. Similarly, increasing customer fondness for application based
technologies helping this market to grow.
Gestures
are the visible body actions through which human express information to others
without saying it. In our daily life, we can see several hand gestures which
are frequently used for communication purposes. Hand gesture recognition is one
of the advanced research fields which provides a way for human-machine
interaction. Hand gesture recognition provides an intelligent method for
human-computer interaction (HCI).
The
market is very volatile and is experiencing a fierce competition, therefore,
marked by an extensive presence of mergers and acquisitions. For instance,
Intel Corp. acquired Omek Interactive Ltd. The key players in the market
include Apple, Intel, Microsoft, and Google. Along with global giants, the
homegrown players are also showing tremendous growth and attracting big
investors. This scenario has taken the competition to a whole different level.
China
gesture recognition market, by industry, 2014 - 2025 (USD Million)
Browse full
research report on Gesture Recognition Market: http://www.grandviewresearch.com/industry-analysis/gesture-recognition-market
Further key
findings from the report suggest:
- The increasing digitization across various
industries and & ease of adoption due to low technical complexity for
end users are expected to drive the market.
- The healthcare segment is expected to portray
high growth rate with a CAGR of 26.1% over the projected period
- The Asia Pacific region dominated the gesture
recognition market in terms of revenue in 2016 and is expected to have
significant growth over the forecast period.
- The key players of the market include eyeSight
Technologies Ltd (Israel), and Infineon Technologies AG (Germany).
Browse more
reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies
Grand View Research has segmented the gesture recognition market based on
technology, industry and regions:
Technology
Outlook (Revenue, USD Million; 2014 - 2025)
- Touch-based
- Multi-Touch
System
- Motion
Gesture
- Touchless
- Capacitive/Electric
Field
- Infrared
Array
- Ultrasonic
Technology
- 2D
Camera-Based Technology
- 3D
Vision Technologies
Industry
Outlook (Revenue, USD Million; 2014 - 2025)
- Automotive
- Lighting
System
- HUD
- Biometric
Access
- Others
- Consumer
Electronics
- Smartphone
- Laptops
& Tablets
- Gaming
Console
- Smart
TV
- Set-Top
Box
- Head-Mount
Display (HMD)
- Others
- Healthcare
- Sign
Language
- Lab
& Operating Rooms
- Diagnosis
- Others
- Advertisement
& Communication
- Hospitality
- Educational
Hubs
Regional
Outlook (Revenue, USD Million; 2014 - 2025)
- North
America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Asia
Pacific
- China
- India
- Japan
- South
America
- Brazil
- Middle
East and Africa (MEA)
Access
Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-gesture-recognition-market
About Grand
View Research:
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The company
provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
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