Growth Opportunities in the global gesture recognition and touchless sensing market look promising over the next six years. The growing conversion of information into digital format in various sectors, including healthcare, consumer electronics, and the automotive industry, and the increasing need for connectivity in the automotive industry to improve customer satisfaction are the key factors driving the growth of global gesture recognition and touchless sensing market.
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Gesture Recognition and Touchless Sensing Market’s leading Manufacturers:
- Microsoft Corporation
- Google LLC
- Apple Inc.
- Microchip Technology Inc.
- Sony Depthsensing Solutions, SA/NV.
- Infineon Technologies AG
- OmniVision Technologies Inc.
- Irisguard
- Cognitec Systems GmbH
- GestureTek
Gesture Recognition and Touchless Sensing Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Key Drivers
The growing conversion of information into digital format in various sectors, including healthcare, consumer electronics, and automotive industry, and the increasing need for connectivity in the automotive industry to improve customer satisfaction and lower technical complexity are the primary factors surging the growth of the global gesture recognition and touchless sensing market size. Furthermore, the introduction of several advanced technologies such as Virtual Reality (VR), Artificial Intelligence (AI), and Machine Learning (ML) with gesture controls in numerous sectors, including healthcare, industrial automation, gaming, and other sectors, is another factor augmenting the growth of the market. The strong demand for the touchless sensor in comparison to touch-enabled sensors is opening new doors for the growth of the global gesture recognition and touchless sensing market. The increasing penetration of smart devices like smart speakers, smart light, tablets, smartphones, and biometrics devices among the consumers is another factor that will positively influence the market’s demand. On the other hand, the major factors restraining the growth of the market include the growing cost of touchless sensor-based products and the energy usage by gesture-enabled products.
Regional Drivers
Based on the region, Asia-pacific is anticipated to increase at a higher CAGR during the forecast period. This is attributed to the rising demand for consumer electronics like smart TVs, tablets, and smartphones. The major economies are Japan, China, and India, which have the highest adoption rate of gesture recognition and touchless sensing enabled products. In addition to this, the increasing deployment of virtual reality (VR) in gaming and entertainment is further anticipated to stimulate the growth of the market.
Gesture Recognition and Touchless Sensing Market Segmentation:
Segmentation by Technology:
- Touch-Based Gesture Recognition
- Multi-Touch System
- Motion Gesture
- Touchless Gesture Recognition
- Capacitive/Electric Field
- Infrared Array
- Ultrasonic Technology
- 2D Camera-Based
- 3D Vision Technologies
Segmentation by Type:
- Online Gesture Recognition
- Offline Gesture Recognition
Segmentation by Technology:
- RFID Technology
- Camera-Based Technology
- Sensors
- Voice Assistance
- Others
Segmentation by Product:
- Touchless Sanitary Equipment
- Touchless Faucets
- Touchless Soap Dispensers
- Touchless Paper Towel Dispensers
- Touchless Trash Cans
- Touchless Hand Dryers
- Touchless Biometric Equipment
- Touchless Fingerprint Recognition
- Iris Recognition
- Face Recognition System
- Voice Recognition
- Others
Segmentation by Industry:
- Consumer Electronics
- Healthcare
- Automotive
- Others
Segmentation by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
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GMI Research is a market research and consulting company that provides syndicated research reports, consulting services, and customized market research reports. Our reports are based on market intelligence studies to ensure relevant and fact-based research across numerous sectors, including healthcare, automotive, information technology & communication, FMCG, and other industries. GMI Research’s deep understanding related to the business environment helps us in generating objective strategic insights. Our research teams consisting of seasoned analysts and researchers have hands-on experience in various regions, including Asia-pacific, Europe, North America, and the Rest of the World. The market research report offers in-depth analysis, which contains refined forecasts, a bird’s eye view of the competitive landscape, factors impacting the market growth, and several other market insights to aid companies in making strategic decisions. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to help our clients to stay ahead of the curve.
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