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Global Gesture Recognition Market: Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025

Posted: Thursday, May 31, 2018 at 3:59 AM CDT

Portland, OR -- (SBWire) -- 05/31/2018 --Gesture recognition refers to the technology in which the actions of a machine is controlled through the change in movement of some certain body part of the operator. The gesture recognition market has a wide scope in industries, such as electronics, communication, and healthcare. The market has also exhibited increased penetration in various portable electronic devices over the last 4-5 years.

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The demand for gesture recognition has increased in past decade with the increase in requirement of automation in portable electronic devices and electronic systems used in automotive vehicles. The gesture recognition has also provided automation in the industrial process through the usage of 3D machine vision and improvised the interaction between human and machine. Global Gesture recognition market is expected to grow at a CAGR of 29.2% from 2017 to 2025.
Based on the type, it is bifurcated into touch-based gesture recognition system and touchless gesture recognition systems. Categorization based on industry verticals includes electronics, industrial, automotive, healthcare, and others. Further, based on geography, the global gesture recognition market is segmented into, North America, Europe, Asia-Pacific, and LAMEA.

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Market Dynamics:

Drivers:
• Increase in user-friendly features in portable electronic devices
• Low cost of gesture recognition software
• Rise in adoption by industrial sector
Restraints:
• Lack in precision
• Increased power consumption
Market Players:
Top market players profiled in the report are Apple Inc., Intel Corporation, Google Inc., Infineon Technologies AG, OMRON Corporation, Elliptic Laboratories AS, Qualcomm Technologies, Inc., GestureTek, Inc., Cognitec Systems GmbH, and SoftKinetic SA.

MARKET LANDSCAPE
• By Type
? Touch-Based Gesture Recognition

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