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What’s the Current and Projected Market Size of Gesture Recognition Industry?
The gesture recognition market has been witnessing significant growth, expanding from $23.37 billion in 2024 to an anticipated $28.23 billion in 2025, at a compound annual growth rate (CAGR) of 20.8%. The historic growth is linked to various factors such as hygiene-conscious touchless interfaces, increasing demand by the gaming industry, healthcare applications, accessibility features, and industrial as well as enterprise applications.
The future looks even brighter for the gesture recognition market, projected to reach a remarkable $70.28 billion by 2029, growing at a CAGR of 25.6%. The forecasted growth is expected due to expanded use in retail environments, public spaces and kiosks, increased automotive applications, and the flourishing entertainment industry. Key trends anticipated to boost this growth include integration in consumer electronics, gaming and virtual reality (VR), industrial applications, education and training solutions, security and authentication, and gesture recognition software development kits.
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What Are The Key Drivers of the Gesture Recognition Market?
A surge in digitalization is propelling the growth of the gesture recognition market. Various organizations are adopting biometric solutions aiding the digitalization of sizable processes for security and ease of operations. Global biometric technology, a scientific method to identify person’s gestures, is expected to reach $55.42 billion by 2027 according to Imageware. This burgeoning digitalization fuels the growth of the gesture recognition industry.
Which Are the Key Segments in the Gesture Recognition Market?
1) By Type: Online Gesture, Offline Gesture
2) By Technology: Touch-Based, Touchless
3) By Authentication Type: Finger Print Recognition, Face Recognition, Vision and IRIS Recognition, Hand and Leg Recognition
4) By Industry: Automotive, Consumer Electronics, Sports, Healthcare, Advertisement and Communication, Aerospace and Defense, Government, Other Industries
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Who Are The Major Players in the Gesture Recognition Market?
Key players in the gesture recognition market include Apple Inc., Intel Corporation, Microchip Technology Inc., Qualcomm Technologies Inc., Synaptics Inc., Google LLC, GestureTek, PointGrab Ltd., Ultraleap Ltd., Oblong Inc., Sony Corporation, EyeSight Technologies, Omron Corporation, Elliptic Labs, GestureTek, Crunchfish AB, XYZ Interactive Technologies Inc., Pebbles Interfaces, Vayyar Imaging Ltd., Intel RealSense Technology, Gestoos, Gestigon GmbH, and pmdtechnologies ag.
What Are The Emerging Trends in The Gesture Recognition Market?
Advancements in technology are shaping the gesture recognition market. For instance, in July 2022, STMicroelectronics launched STGesture, a touchless gesture-based control system for budget-conscious applications, coupled with their ToF ranging sensor, VL53L5CX, which can detect tap and swipe movements.
What’s The State Of Gesture Recognition Market In Terms of Regional Performance?
In 2024, North America had the largest share of the gesture recognition market. The report also covers other regions such as Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.
What Does The Gesture Recognition Market Report 2025 Offer?
The gesture recognition market refers to a user interface that allows computers to comprehend human gestures as commands. Gesture recognition includes tracking human position, orientation, or movement, and interpreting it to identify semantically significant gestures. It is predominantly used for Human-Computer Connection, a type of human-machine interaction that relies solely on physical actions rather than voice. The Gesture Recognition Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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