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Gesture Recognition Market Size Expected To Grow Due Increasing Digitization Across Industries Till 2025 : Grand View Research, Inc.

Gesture Recognition Market Size Expected To Grow Due Increasing Digitization Across Industries Till 2025 : Grand View Research, Inc.

Grand View Research, Inc. – Market Research And Consulting.
According to new report published by Grand View Research,The global gesture recognition market size was valued at USD 5.83 billion in 2016, owing to the increasing per capita income, technological advancement and increasing digitization across various industries such as automotive, consumer electronics, healthcare and many others.

The global gesture recognition market is anticipated to reach USD 33.05 billion by 2025, growing at a CAGR of 21.3%, according to a new report by Grand View Research, Inc. Increasing digitization across various industries is driving the gesture recognition market. Ease of adoption due to low technical complexity for end users has made consumer electronics industry to gain highest market share. Many other industries also started using this technology.

Rising use of consumer electronics, Internet of Things, increasing need for comfort & convenience in product usage is driving the gesture recognition market. The technological advancement and ease of use have gained gesture recognition technology global acceptance. The increase in awareness about regulations and driver safety has increased the demand for gesture recognition systems in the automobile industry. Similarly, increasing customer fondness for application based technologies helping this market to grow.

Gestures are the visible body actions through which human express information to others without saying it. In our daily life, we can see several hand gestures which are frequently used for communication purposes. Hand gesture recognition is one of the advanced research fields which provides a way for human-machine interaction. Hand gesture recognition provides an intelligent method for human-computer interaction (HCI).

The market is very volatile and is experiencing a fierce competition, therefore, marked by an extensive presence of mergers and acquisitions. For instance, Intel Corp. acquired Omek Interactive Ltd. The key players in the market include Apple, Intel, Microsoft, and Google. Along with global giants, the homegrown players are also showing tremendous growth and attracting big investors. This scenario has taken the competition to a whole different level.

Access Full Research report On Gesture Recognition Market  Analysis:
http://www.grandviewresearch.com/industry-analysis/gesture-recognition-market

China gesture recognition market, by industry, 2014 – 2025 (USD Million)

 

China gesture recognition market, by industry, 2014 - 2025 (USD Million)

Further key findings from the report suggest:

  • The increasing digitization across various industries and & ease of adoption due to low technical complexity for end users are expected to drive the market.

  • The healthcare segment is expected to portray high growth rate with a CAGR of 26.1% over the projected period

  • The Asia Pacific region dominated the gesture recognition market in terms of revenue in 2016 and is expected to have significant growth over the forecast period.

  • The key players of the market include eyeSight Technologies Ltd (Israel), and Infineon Technologies AG (Germany).

View more reports of this category by Grand View Research at: 
http://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies

Gesture Recognition market by technology, 2016 (%)

Gesture Recognition market by technology, 2016 (%)

Grand View Research has segmented the gesture recognition market based on technology, industry and regions:

Technology Outlook (Revenue, USD Million; 2014 – 2025)

  • Touch-based

    • Multi-Touch System

    • Motion Gesture

  • Touchless

    • Capacitive/Electric Field

    • Infrared Array

    • Ultrasonic Technology

    • 2D Camera-Based Technology

    • 3D Vision Technologies

Industry Outlook (Revenue, USD Million; 2014 – 2025)

  • Automotive

    • Lighting System

    • HUD

    • Biometric Access

    • Others

  • Consumer Electronics

    • Smartphone

    • Laptops & Tablets

    • Gaming Console

    • Smart TV

    • Set-Top Box

    • Head-Mount Display (HMD)

    • Others

  • Healthcare

    • Sign Language

    • Lab & Operating Rooms

    • Diagnosis

  • Others

    • Advertisement & Communication

    • Hospitality

    • Educational Hubs

Regional Outlook (Revenue, USD Million; 2014 – 2025)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

  • Asia Pacific

    • China

    • India

    • Japan

  • South America

    • Brazil

  • Middle East and Africa (MEA)

Access Full Press Of This Report By Grand View Research: http://www.grandviewresearch.com/press-release/global-gesture-recognition-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1-415-349-0058, Toll Free: 1-888-202-9519
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City: San Francisco
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Country: United States
Website: http://www.grandviewresearch.com/industry-analysis/gesture-recognition-market

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