The Business Research Company’s report on the Gesture Recognition and Touchless Sensing Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
#How have key drivers contributed to the rapid growth of the gesture recognition and touchless sensing market?
The growing usage in the automotive industry is expected to propel the growth of the gesture recognition and touchless sensing market going forward. The automotive industry refers to both the designing and manufacturing of motorcycles. Gesture recognition and touchless sensing assist in reducing driver distractions caused by fumbling with touchscreens and inconveniently placed controls. For instance, in August 2023, according to the Board of Governors of the Federal Reserve System, a US-based government agency, total vehicle production in the United States increased to 11.77 million units in July, up from 10.91 million units in June. Therefore the growing usage in the automotive industry is driving the gesture recognition and touchless sensing market.
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How has the gesture recognition and touchless sensing market size evolved, and what are the latest forecasts for its expansion?
The gesture recognition and touchless sensing market size has grown rapidly in recent years. It will grow from $19.95 billion in 2024 to $23.89 billion in 2025 at a compound annual growth rate (CAGR) of 19.8%. The growth in the historic period can be attributed to early innovations in human-machine interaction, automotive integration of gesture controls, healthcare and medical applications, commercial and retail integration, growth in smart home automation.
The gesture recognition and touchless sensing market size is expected to see exponential growth in the next few years. It will grow to $50.7 billion in 2029 at a compound annual growth rate (CAGR) of 20.7%. The growth in the forecast period can be attributed to application in entertainment and gaming, focus on hygiene and sanitary solutions, integration with internet of things (IoT) devices, rise in contactless payment and retail applications, expansion in automotive adoption. Major trends in the forecast period include application in healthcare and medical settings, innovation in sensing technologies, rise of augmented reality (AR) and virtual reality (VR), expansion in consumer electronics.
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Which major companies dominate the gesture recognition and touchless sensing market?
Major companies operating in the gesture recognition and touchless sensing market are Microsoft Corporation, Microchip Technology Inc., Apple Inc., Google LLC, Sony Depthsensing Solutions SA, Infineon Technologies AG, Cognitec Systems GmbH, GestureTek Systems Inc., OmniVision Technologies Inc., Intel Corporation, Qualcomm Inc., Eyesight Technologies Ltd., Omron Corporation, SoftKinetic International SA, Texas Instruments Inc., XYZ Interactive Technologies Inc., Elliptic Laboratories ASA, PMD Technologies AG, Oblong Industries Inc., Ultraleap Limited, PointGrab Ltd., Leap Motion Inc., Xilinx Inc., MicroVision Inc., Melexis NV, Vayyar Imaging Ltd., Cognitivesignals, Cognivue Corporation,
What trends will shape the future of the geophysical software service market?
Major companies operating in the gesture recognition and touchless sensing market are focused on introducing smartphone image sensors featuring TheiaCel technology to enable more accurate gesture recognition and touchless interactions in different applications, including mobile devices, smart home technology, and augmented reality. TheiaCel technology refers to a specialized image sensor technology that enhances the performance of camera sensors, particularly in low-light conditions. This technology utilizes advanced pixel design and fabrication techniques to achieve higher sensitivity and improved image quality. For instance, in March 2024, OmniVision Technologies Inc., a US-based company, launched OV50K40, a groundbreaking smartphone image sensor. The OV50K40 boasts a resolution of 50 megapixels (MP) with a pixel size of 1.2 microns (µm), housed in a 1/1.3-inch optical format. This configuration allows for high gain and optimal performance in various lighting conditions. This innovative technology utilizes lateral overflow integration capacitors (LOFIC) to enhance HDR capabilities. It enables superior single-exposure HDR, effectively addressing challenges posed by bright backgrounds and low-light scenarios.
Which region dominates the gesture recognition and touchless sensing market, and what factors contribute to its leadership?
North America was the largest region in the gesture recognition and touchless sensing market share in 2024. The regions covered in the gesture recognition and touchless sensing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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How is the gesture recognition and touchless sensing market segmented, and which segment holds the largest share?
The gesture recognition and touchless sensing market covered in this report is segmented –
1) By Product: Biometric equipment, Sanitary Equipment
2) By Technology: Touch-based, Touchless
3) By Industry: Automotive, Consumer Electronics, Healthcare, Advertisement And Communication, Defense, Finance And Banking, Government, Other Industries
Subsegments:
1) By Biometric Equipment: Fingerprint Scanners, Facial Recognition Systems, Iris Scanners, Voice Recognition Systems
2) By Sanitary Equipment: Touchless Faucets, Automatic Soap Dispensers, Touchless Hand Dryers, Sanitary Control Systems
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What defines the structure and scope of the gesture recognition and touchless sensing market?
Gesture recognition is a system that uses sensors to read and interpret hand movements. Touchless sensing, on the other hand, is a subset of gesture control that tries to connect humans and computers without requiring any physical contact or input.
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