The market for gesture recognition was estimated to be worth USD 20.42 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 19.04% to reach approximately USD 116.72 billion by 2032.
.jpg
"The Global Gesture Recognition Market 2022-2032 (USD Billion)")
The Gesture recognition is the mathematical interpretation of a human motion by a cloud computing device. In gesture image recognition, the human body’s motions are read by a camera and the captured big data is sent to a computer. The computer then makes use of this data as input to handle applications or devices. Let’s have a look at the major gesture recognition market trends for 2019 to 2025.
Gesture recognition market can broadly be segmented on the basis of type, authentication type, application and geography. The publish market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2018 to 2025. Additionally, numerous emerging trends are expected to gain traction in the global gesture recognition market over the next few years, positively impacting market growth. This research is categorized differently considering the various aspects of this market. It also evaluates the current situation and the future of the market by using the forecast horizon.
Competitive Landscape
Key market players are GestureTek, Inc., Intel Corporation, Apple Inc., Microsoft Corporation, Google Inc., Cognitec Systems GmbH, OMRON Corporation, Infineon Technologies AG, SoftKinetic SA, Elliptic Laboratories AS, Crunchfish AB and others. The market is led by these giants and they dominate the market. Hence the market is consolidated. Therefore, market concentration is high.
Gesture Recognition Market Scope
| Metrics | Details |
| Base Year | 2023 |
| Historic Data | 2019-2022 |
| Forecast Period | 2024-2032 |
| Study Period | 2018-2032 |
| Forecast Unit | Value (USD) |
| Revenue forecast in 2032 | USD 116.72 billion |
| Growth Rate | CAGR of 19.04 % during 2022-2032 |
| Segment Covered | Technology, industry,, Regions |
| Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
| Key Players Profiled | GestureTek, Inc., Intel Corporation, Apple Inc., Microsoft Corporation, Google Inc., Cognitec Systems GmbH, OMRON Corporation, Infineon Technologies AG, SoftKinetic SA, Elliptic Laboratories AS, Crunchfish AB and others. |
The study is a source of reliable data on:
- Market segments and sub-segments
- Industry trends and dynamics
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
(Technology - Touch Based Gesture Recognition (Gyroscope, Accelerometer, Combo Sensor), Touchless Gesture Recognition (Ultrasonic (3D Gesture), Infrared 2D Array, Camera Solutions); Application - Automotive, Hospitality, Consumer Electronics, Gaming, Aerospace and Defense, Commercial Centers, Educational Hubs, Medical Centers)
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
- Middle East and Africa (GCC, Southern Africa, North Africa)
Frequently Asked Questions (FAQ) :
The top companies that hold the market share in gesture recognition market are GestureTek, Inc., Intel Corporation, Apple Inc., Microsoft Corporation, Google Inc., Cognitec Systems GmbH, OMRON Corporation, Infineon Technologies AG, SoftKinetic SA, Elliptic Laboratories AS, Crunchfish AB & among others.
To get latest version of gesture recognition market report can be obtained on demand from the website.
The base year for the report is 2023 in gesture recognition market.