Gesture recognition is the translation of a human movement or gesture through mathematical algorithm via computing device and facilitates a person to interact with the machine without using mechanical devices, as input mechanism to perform desired actions in a system. The technology relates human gestures, such as movement of fingers, hands, head, arms or an entire body. Gesture recognition enables a person to even move the cursor just by pointing a finger at the computer screen. This make input devices such as keyboards, touch-screens and mouse redundant. Gesture recognition methods have enhanced the usability of many devices and have resulted in the advancement of several innovative applications in various end-use industries. The new gesture recognition technologies facilitate users to control a variety of devices such as computers, mobile handsets, navigation devices and laptops through motions as input commands, increasing the convenience level of the user. Human gestures are read by a camera or through special gloves. The rise in the use of gesture recognition technologies in fields of automotive, consumer electronics, healthcare, gaming and automation is driving the market growth. Consumer electronics covers the largest share in the global gesture recognition market. Emerging technologies such as image sensors, ultrasonic, interactive, 3D technologies, displays capacitive sensors, infrared and electric field are broadly used in several consumer electronic devices for human gestures detection and are anticipated to drive the market in near future. Particularly, gesture tracking and 3G technologies is seeking high share in the market. Furthermore, healthcare and automotive applications are expected to emerge as highly potential markets for gesture recognition. Also, benefits such as easy interface, portability, high accuracy and speed are anticipated to bring technological changes in tablets and smartphones.
The "Global Gesture Recognition Market Analysis to 2028"
is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the gesture recognition market with detailed market segmentation by technology, type, industry, and geography. The report provides key statistics on the market status of the leading gesture recognition market players and offers key trends and opportunities in the market.
- Based on technology, the global gesture recognition market is segmented into touch-based gesture recognition and touchless gesture recognition.
- On the basis of type, the market is segmented into online gesture recognition and offline gesture recognition,
- Based on industry, the market is segmented into automotive, consumer electronics, sports, healthcare, advertisement and communication, aerospace and defense, and others.
- Currently North American region is dominating the global market for gesture recognition due to the growing concerns towards national safety and the regulatory-driven actions and initiatives taken by the government have facilitated the large market size of the gesture recognition market in this region followed by Asia Pacific region owing to economic development,
- Rise in demand for consumer electronics & entertainment, and emerging demand for intuitive user interfaces in industrial, automotive and medical electronics.
- The high cost of deployment and development of gesture recognition systems, the expensive gesture recognition technology empowered devices and the deficiency of standardization in the observation and development of technical standards are the factors that can restrain the growth of the gesture recognition global market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The gesture recognition market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the gesture recognition market in these regions.
IMPACT OF COVID-19 ON GESTURE RECOGNITION MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
The report covers key developments in the gesture recognition market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from gesture recognition market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the gesture recognition market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Apple Inc.
- Cognitec Systems GmbH
- GestureTek technologies
- Google LLC
- IrisGuard Ltd
- Microchip Technology Inc.
- Microsoft Corporation
- OMNIVISION TECHNOLOGIES, INC.
- pmdtechnologies gmbH
- Sony Depthsensing Solutions SA/NV
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.