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Gesture Recognition Market by Application, by Technology - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2015 - 2021

The Worldwide Gesture Recognition Sector, Forecast until 2021

  • November 2015
  • 92 pages
  • ID: 3999551
In this report:
Development of ##D Vision and gesture tracking technology along with growing prominence of ##D gesture recognition technology in the consumer electronics is expected to have a huge impact on this market in the short, medium, and long term.
Application of gesture recognition technology in consumer electronics such as smartphones, smart TVs, tablets, laptops is one of the major driving factors behind the growth of gesture recognition market globally in 2014, followed by automotive and gaming segments.

Summary

Table of Contents

User-friendliness of gesture recognition enabled devices together with increasing application of gesture control solutions in healthcare, retail sector, and industrial settings are some of the main factors contributing to the increasing popularity of gesture recognition technology at the overall level. Growing consumer preference for gesture control devices which comprises tablets, PCs, laptops are contributing in the increasing popularity of gesture recognition technology globally.

The importance of gesture recognition technology lies in developing effective interaction between humans and machines. Rising application of gesture recognition technology in consumer electronics is among the top factors boosting the gesture recognition market at the overall level. 3D vision and gesture tracking solutions in gaming consoles along with 2D gesture recognition technology in clever TVs, PCs, and tablets is fueling the sector demand for touch less gesture recognition technology. Limited numbers of recognizable gestures together with inaccurate and inefficient systems are certain factors hindering the growth of the gesture recognition market globally. Nevertheless, technological advancements in the gesture recognition market along growing demand for this technology in smartphones are offering great opportunities for the main players in the gesture recognition market.

Development of 3D Vision and gesture tracking technology together with increasing prominence of 2D gesture recognition technology in the consumer electronics is forecast to have a huge impact on this sector in the brief, medium, and long term. Additionally, increasing number of tactical partnerships between different automobile and gesture recognition technology companies is having a positive impact on the growth of the gesture recognition market. Growing adoption of gesture recognition solutions in the automotive industry is one of the prime reasons behind the growth of overall gesture recognition market. Additionally, 1growing gesture-based interaction in factory automation and rising application of gesture recognition solutions in the industrial sector is fueling the market demand for gesture control technology at the overall level.

Geographically, the overall gesture recognition market is classified into North America (NA), Europe (EU), Asia-Pac (APAC) and Rest of the globe. The scope of the report affords an insight into gesture recognition market in these areas established on revenue. Moreover, current and future trends in the gesture recognition market are provided in the study. North America continent led the industry for gesture recognition in 2014, succeeded by EU. Increasing demand for gesture control solutions in consumer electronics including smartphones, tablets, and other devices is main reason propelling the growth of this market. The U.S.A is leading the gesture recognition market in North America (NA). Increasing popularity of gesture control solutions in automotive and gaming consoles is boosting demand for gesture recognition technology at the overall level. Germany (DE) and U.K dominated the sector for gesture recognition in 2014. Growing application of gesture recognition technology in touch less sanitary equipment and biometric systems are factors influencing the growth of this market in APAC. In Asia-Pac, main contributors to the gesture recognition market are China (CN), Japan (JP), India (IN), and South Korea among others. Also, emergence of 3D camera based technology together with ultrasonic technology is stimulating the industry demand for gesture control solutions across Rest of the globe.

Established on application, the sector is divided into Automotive, hospitality, consumer electronics, gaming, aerospace and defense, commercial centers, educational hubs, medical centers among others. Application of gesture recognition technology in consumer electronics including smartphones, clever TVs, tablets, laptops is one of the main driving factors behind the growth of gesture recognition market globally in 2014, followed by automotive and gaming segments. Reliability together with user-friendliness is some of the main factors fueling the application of gesture recognition technology in consumer electronics.

Moreover, by technology the sector is divided into touch-based gesture recognition and touch less gesture recognition. Furthermore, gyroscope, accelerometer, combo sensor comes under touch-based gesture recognition and ultrasonic, infrared 2D array comes under touch less gesture recognition. The touch based gesture recognition segment held the biggest share of the gesture recognition market in 2014, succeeded by touch less gesture recognition.

Product innovation and development is one of the main strategies approved by most leading market players. New product innovation is required to deal with the existing competition in the sector. For example, in March 2015, Cognitec Systems GmbH introduced a specialized camera with in-built features including facial detection and tracking technology. The product affords optimal image quality for real-time face recognition, while requiring low bandwidth resources and relatively little computing hardware. Firms are involved in research and development activities to create additional innovative products. Additionally, M&A are among the main strategies that are widely used by leading market players in the gesture recognition industry globally. Some main players in the gesture recognition market in North America continent, Europe (EU), Asia Pacific (APAC), and RoW contain GestureTek, Incorporated, Intel Corporation, Apple Inc., Microsoft Corporation, Google Inc., Cognitec Systems GmbH, OMRON Corporation, Infineon Technologies AG, SoftKinetic SA and Elliptic Laboratories AS.

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