Market Overview:
The global gesture recognition market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for gesture recognition technology in various applications such as automotive, consumer electronics, healthcare, and others. Additionally, the growing trend of using 3D gesture recognition technology is also contributing to the growth of this market. However, factors such as high implementation costs and lack of awareness about gesture recognition technology are restraining its growth.
Product Definition:
Gesture recognition is the ability of a computer to interpret certain hand movements as commands. Gesture recognition can be used to control various aspects of a device, such as its operation or how it displays information. The importance of gesture recognition lies in its potential to make interactions with devices more natural and intuitive for users.
2D Gesture Recognition:
2D gesture recognition is the process of identifying gestures using only two dimensional components such as images or videos. The technology has been around for quite some time and has gained significant traction in recent years owing to its wide range of applications across various industry verticals.
3D Gesture Recognition:
3D gesture recognition is the ability of an electronic device or software to interpret human gestures. The technology has been around for decades, but only recently has it started to gain widespread acceptance. 3D gesture recognition systems are used in a variety of applications such as gaming, consumer electronics, security/identity management and robotics among others.
Application Insights:
The automotive application segment accounted for the largest share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growing adoption of gesture-based interfaces in automobiles is expected to drive demand over the coming years. For instance, Mercedes-Benz has integrated Amazon¢â‚¬â„¢s Alexa inside its cars to enable voice control functions for music streaming and navigation among other things.
The consumer electronics segment was valued at USD 175 million in 2017 and is expected to grow significantly owing to rising usage of gesture recognition technology across smartphones, smartwatches, televisions and set-top boxes (STT). Gesture control functionality has also been integrated into various home appliances such as refrigerators, washing machines etc., which enables users perform specific tasks without having touch or sighted devices nearby them. This capability provides greater convenience while using household appliances thereby driving demand across end use industries such as kitchen appliances & others.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing use of smartphones, tablets, and other such devices with advanced cameras and high processing capabilities. Moreover, growing adoption of gesture recognition technology in gaming and smart home applications is also contributing toward regional growth.
Asia Pacific market for gesture recognition is anticipated to witness significant growth over the forecast period owing to rising disposable income among consumers as well as increased penetration of technology-driven products in various sectors including healthcare, automotive & transportation, retail & e-commerce among others. Increasing investments by prominent players for development of innovative technologies are also expected to drive regional demand during the estimated time span from 2018 to 2030 (estimated years). For instance: In January 2016; Google Inc.
Growth Factors:
- Increasing demand for gesture recognition in consumer electronics
- Rising demand from automotive sector
- Growing popularity of gesture recognition in gaming and entertainment industry
- Proliferation of low-cost sensors and microcontrollers
- Advancements in machine learning and artificial intelligence
Scope Of The Report
Report Attributes
Report Details
Report Title
Gesture Recognition Market Research Report
By Type
2D Gesture Recognition, 3D Gesture Recognition
By Application
Automotive, Consumer Electronics, Healthcare, Others
By Companies
ArcSoft, Crunchfish, eyeSight Technologies, Intel, Microsoft, PointGrab, Samsung, SoftKinetic, Sony
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
135
Number of Tables & Figures
95
Customization Available
Yes, the report can be customized as per your need.
Global Gesture Recognition Market Report Segments:
The global Gesture Recognition market is segmented on the basis of:
Types
2D Gesture Recognition, 3D Gesture Recognition
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Consumer Electronics, Healthcare, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ArcSoft
- Crunchfish
- eyeSight Technologies
- Intel
- Microsoft
- PointGrab
- Samsung
- SoftKinetic
- Sony
Highlights of The Gesture Recognition Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 2D Gesture Recognition
- 3D Gesture Recognition
- By Application:
- Automotive
- Consumer Electronics
- Healthcare
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Gesture Recognition Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Gesture recognition is the ability of a computer system to identify specific movements made by a user, and interpret them as commands.
Some of the major players in the gesture recognition market are ArcSoft, Crunchfish, eyeSight Technologies, Intel, Microsoft, PointGrab, Samsung, SoftKinetic, Sony.
The gesture recognition market is expected to register a CAGR of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Gesture Recognition Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Gesture Recognition Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Gesture Recognition Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Gesture Recognition Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Gesture Recognition Market Size & Forecast, 2018-2028
4.5.1 Gesture Recognition Market Size and Y-o-Y Growth
4.5.2 Gesture Recognition Market Absolute $ Opportunity
Chapter 5 Global Gesture Recognition Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Gesture Recognition Market Size Forecast by Type
5.2.1 2D Gesture Recognition
5.2.2 3D Gesture Recognition
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Gesture Recognition Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Gesture Recognition Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Consumer Electronics
6.2.3 Healthcare
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Gesture Recognition Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Gesture Recognition Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Gesture Recognition Analysis and Forecast
9.1 Introduction
9.2 North America Gesture Recognition Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Gesture Recognition Market Size Forecast by Type
9.6.1 2D Gesture Recognition
9.6.2 3D Gesture Recognition
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Gesture Recognition Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Consumer Electronics
9.10.3 Healthcare
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Gesture Recognition Analysis and Forecast
10.1 Introduction
10.2 Europe Gesture Recognition Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Gesture Recognition Market Size Forecast by Type
10.6.1 2D Gesture Recognition
10.6.2 3D Gesture Recognition
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Gesture Recognition Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Consumer Electronics
10.10.3 Healthcare
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Gesture Recognition Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Gesture Recognition Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Gesture Recognition Market Size Forecast by Type
11.6.1 2D Gesture Recognition
11.6.2 3D Gesture Recognition
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Gesture Recognition Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Consumer Electronics
11.10.3 Healthcare
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Gesture Recognition Analysis and Forecast
12.1 Introduction
12.2 Latin America Gesture Recognition Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Gesture Recognition Market Size Forecast by Type
12.6.1 2D Gesture Recognition
12.6.2 3D Gesture Recognition
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Gesture Recognition Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Consumer Electronics
12.10.3 Healthcare
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Gesture Recognition Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Gesture Recognition Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Gesture Recognition Market Size Forecast by Type
13.6.1 2D Gesture Recognition
13.6.2 3D Gesture Recognition
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Gesture Recognition Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Consumer Electronics
13.10.3 Healthcare
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Gesture Recognition Market: Competitive Dashboard
14.2 Global Gesture Recognition Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ArcSoft
14.3.2 Crunchfish
14.3.3 eyeSight Technologies
14.3.4 Intel
14.3.5 Microsoft
14.3.6 PointGrab
14.3.7 Samsung
14.3.8 SoftKinetic
14.3.9 Sony
