Global Gesture Recognition Market By Technology (Touchless and Touch-based), By Industry (Automotive, Consumer Electronics, and Healthcare), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032

Gesture Recognition Market Overview:

The market for gesture recognition was valued at USD 14,230 million in 2021. It is expected to grow at a CAGR of 20% between 2023 to 2032.

Globally increasing per capita incomes and technological advances will benefit the market. This will also help to drive digitization in industries like healthcare, automotive, and consumer electronics. Market growth is also driven by the increasing use of consumer electronics and the growing implementation of the Internet of Things.

Global Gesture Recognition Market Scope:

Industry Analysis

In 2021, the consumer electronics market dominated and represented a 61% revenue share. The ease of use and low technical complexity has allowed the consumer electronics market to gain a significant share of the gesture recognition market.

Consumer electronics are seeing a rise in the use of the Internet of Things, as well as a growing need for convenience and comfort in product usage, which is driving the adoption of gesture recognition. Healthcare and automotive sectors, for example, have adopted gesture recognition technology. This technology allows users to interact with computers and other devices easily and improves human-machine interaction. It allows people with disabilities to use machines.

Many organizations are working to expand the use of gesture recognition, combining it with touchless multifactor verification. Alcatraz AI, which provides physical security technology solutions, launched the Rock in 2021. This solution was able to reduce touchpoints and offer facemask verification, ensuring maximum safety for employees during the COVID-19 pandemic.

Gestural recognition systems are increasingly in demand due to increased awareness of regulations and driver safety. Manufacturers and OEMs have been focusing on improving the driving experience and decreasing driver distractions by using gesture recognition.

Cerence Inc., an innovator of AI assistance technology in automobiles, introduced new innovations to its Clarence Drive platform in January 2020. These include gesture-based, button-free interactions that create a natural, human-like experience in the car.

Technology analysis

With a 54% revenue share, the touch-based technology segment was the dominant market segment in 2021. With a market share greater than 55.1%, the multitouch system segment dominated its two sub-segments. Images and videos can be used to recognize gestures. Similar to the gestures, several technical environments can be used.

The 3D vision technology sub-segment was the dominant segment in the touchless market in 2021, with a 27% revenue share. Infrared, electric-field sensing, image sensors, touchless, and display capacitive sensor technologies are increasingly being used in applications like smartphones, medical diagnosis, head-up displays (HUD), biometric access, and smartphones. This technology has the potential to be a promising source of growth in the automotive and healthcare industries due to its portability and high accuracy.

Кеу Маrkеt Ѕеgmеntѕ

By Technology

• Touchless
• Touch-based

By Industry

• Automotive
• Healthcare
• Consumer Electronics
• Other Industries

Market Dynamics:

Gesture recognition refers to the conversion of a human movement or gesture into a machine command by using a mathematical algorithm. This technology allows anyone to interact with machines using human gestures, including the movement of their hands, fingers, arms, and heads. The technology allows users to control and operate devices using these gestures alone, without the use of touch screens, keyboards, or mouse. Users can drag a cursor to move it by simply pointing at a screen.

The use of gesture recognition technology has made many machines more usable and allowed for the development of innovative applications in various industries. It interprets the information that is conveyed by people through gestures and speech. It recognizes different gesture types and converts them into text using language recognition technology. The user can point in any direction that they like, which helps interpret gestures more accurately.

Human-Machine Interaction is a popular area of research in Human-Computer Interaction. The applications of this technology range from consumer electronics control to medical rehabilitation. There are many different sensing methods that can be used to recognize hand gestures and get signals for pattern recognition.

To make hand gesture recognition cheaper than traditional interface devices like keyboards and mice, several types of prototypes were developed. Leading vendors are more interested in hand gesture recognition because they are expressive, interact with the environment, and share information easily.

Regional Analysis

The Asia Pacific region was the dominant market in terms of revenue with a 37.2% share in 2021. China and India are the fastest-growing and most populous economies in the Asia Pacific region. The region’s market is driven by rising disposable incomes and increasing industrial digitization in these and other countries.

Over the forecast period, South American and MEA markets are expected to experience promising growth. MEA is home to a young and dynamic population, with one of the highest per capita global incomes. Market growth is being driven by improvements in living standards, increased spending capacity, and increasing awareness about sanitation and healthcare.

Over the forecast period, steady growth is expected in Europe and North America. These regions will see increased use of gesture recognition in the automotive and healthcare sectors. The 2D and 3-D gesture recognition technologies will deliver a more authentic and interactive customer experience.

Key Regions and Countries covered іn thе rероrt:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
  • Rest of Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Rest of Asia-Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• MEA
  • GCC
  • South Africa
  • Israel
  • Rest of MEA

Market Share & Key Players Analysis:

The market offers promising growth opportunities, which has led to fierce competition between IT giants like Apple, Intel Corp., and Microsoft. The domestic players have huge growth potential and attract big investors.

Many companies are developing gesture recognition products for their customers, increasing market competition. To expand their market share, market players are looking at strategies like partnerships, business expansions, and new product development.

Маrkеt Кеу Рlауеrѕ:

• Alphabet Inc.
• Apple Inc.
• eyeSight Technologies Ltd
• Infineon Technologies AG
• Intel Corporation
• Microchip Technology Incorporated
• Microsoft Corporation
• QUALCOMM Incorporated
• SOFTKINETIC
• Other Key Players

For the Gesture Recognition Market research study, the following years have been considered to estimate the market size: