The Business Research Company’s report on the Gesture Recognition Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
Which emerging drivers are set to accelerate the growth of the gesture recognition market further?
The growing digitalization is propelling the growth of the gesture recognition market. Many companies and organizations are adopting biometrics solutions that help in the digitalization of large processes. Biometrics is a scientific method of identifying a person’s gestures by measuring their physical and/or behavioral features that are used for different applications like mobiles, laptops, and screenings. The rise of biometrics is increasing due to businesses realizing the benefits of biometric technologies in terms of security and ease of their operations. According to Imageware, a US-based biometric identification and authentication solutions company, global biometric technology is expected to reach $55.42 billion by 2027. Therefore, the growing digitalization is driving the gesture recognition market growth.
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What are the key factors influencing the forecasted market size of the gesture recognition industry?
The gesture recognition market size has grown exponentially in recent years. It will grow from $23.37 billion in 2024 to $28.23 billion in 2025 at a compound annual growth rate (CAGR) of 20.8%. The growth in the historic period can be attributed to touchless interfaces for hygiene, gaming industry demand, healthcare applications, accessibility features, industrial and enterprise applications.
The gesture recognition market size is expected to see exponential growth in the next few years. It will grow to $70.28 billion in 2029 at a compound annual growth rate (CAGR) of 25.6%. The growth in the forecast period can be attributed to expanded use in retail environments, public spaces and kiosks, expanded automotive use cases, growth in entertainment industry, gesture-based healthcare monitoring. Major trends in the forecast period include integration in consumer electronics, gaming and virtual reality (VR), industrial and manufacturing applications, education and training solutions, security and authentication, gesture recognition software development kits.
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Who are the leading competitors in the gesture recognition market?
Major companies operating 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, pmdtechnologies ag
Which emerging trends are set to transform the gesture recognition market landscape?
Technological advancement is a key trend gaining popularity in the gesture recognition market. Major companies operating in the gesture recognition market are focused on developing new technological solutions to meet consumer demand and strengthen their position. In July 2022, STMicroelectronics, a Switzerland-based semiconductor company has launched a touchless gesture-based control system for straightforward, budget-conscious consumer and commercial applications. The system is called STGesture and is a companion software for the company’s VL53L5CX Time-of-Flight (ToF) ranging sensor. The software enables basic gesture recognition with the VL53L5CX proximity ToF sensor and can detect tap and swipe movements.
How do different geographies compare in terms of market share and growth potential in the gesture recognition market?
North America was the largest region in the gesture recognition market in 2024. The regions covered in the gesture recognition market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Which major segments of the gesture recognition market are experiencing the fastest growth?
The gesture recognition market covered in this report is segmented –
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
Subsegments:
1) By Online Gesture: Real-Time Gesture Recognition, Gesture Tracking And Analysis
2) By Offline Gesture: Pre-Recorded Gesture Recognition, Gesture Database And Pattern Recognition
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What defines the structure and scope of the gesture recognition market?
The gesture recognition refer to a type of perceptual computing user interface that enables computers to recognize and understand human gestures as orders. Gesture recognition entails tracking a human position, orientation, or movement and then interpreting it to distinguish semantically significant gestures. It is utilized for Human-Computer Connection (HCI), a type of human-machine interaction that uses just physical actions rather than voice.
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