Gesture Recognition Market Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027

Posted March 24, 2021 by shrushtig

Gesture is non-verbal way of communicating a specific message. Gesture recognition is a commuting user interface that allows computers to capture and interpret human commands and gestures.
The global gesture recognition market is expected to witness significant growth during the forecast period (2020–2027) due to increasing adoption of gesture recognition in consumer electronics such as smartphones, smart TV, set-top boxes, smart home, laptop, and others. Gesture recognition in smart TV enables users to control the functioning of their smart TV with fingers and hand gestures.

The gesture recognition software is directly integrated with smart TVs, and the recognition software tries to match users' hand gestures to a predefined set of gestures. Moreover, gesture recognition technology in laptops and PCs is one of the major trending aspects of modern gadgets. Gesture recognition is one of the latest ways to provide inputs or control computer devices. For instance, in October 2017, Samsung, a Korean based electronics company, launched the Galaxy S4 smartphone with an air gesture feature that allows users to scroll and accept incoming calls without touching mobile devices. This gesture recognition technology enables the user to naturally interact with the computer and make computer viewing more realistic and interactive. However, high power consumption by gesture enables products is expected to hamper the growth of the global gesture recognition market
Gesture Recognition Market - Impact of Coronavirus (Covid-19) Pandemic
Due to the COVID-19 pandemic, several industries have witnessed a significant shift in their businesses. There has been a positive impact on the growth of the global gesture recognition market as aviation sector is moving towards biometric onboarding.

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The implementation of new technology solutions such as facial recognition and biometric is already in progress at airport and after COVID-19 implementation of these technologies happening at faster pace. These new technologies will help to contain the spread of coronavirus and will also help in speeding up the onboarding process. For instance, in September 2020, Spirit Airlines, Inc., a U.S. based airline company launched the biometric facial recognition for passenger check-ins at Chicago O’Hare and New York LaGuardia airports.
North America is expected to hold dominant position in the global gesture recognition market during the forecast period
North America is expected to account for the largest market share during the forecast period owing to the presence of key players in the region such as Microsoft, Google, Inc., Intel Corporation and others. Moreover, increasing adoption of gesture recognition in consumer electronics and gaming industry is also driving market growth. For instance, in January 2013, Apple Inc., a U.S. based technology company, acquired PrimeSense, an Israel-based 3D sensing company. Through this acquisition, PrimeSense technology powers gesture controls in Microsoft Corp’s Xbox Kinect gaming system.
Asia Pacific is expected to exhibit highest growth during the forecast period due to the growing smartphone penetration in the region and increasing usage of internet-connected devices. According to Coherent Market Insights, the penetration of smartphones in China increased from 41.3% of the total population in 2016 to 61.2% by 2020.
Among end-use industry, the consumer electronics segment is expected to hold dominant position in the global gesture recognition market owing to increasing digitization and adoption of gesture recognition technology. Several companies are also implementing this technology which helps users to interact with computers with ease and enhances human-machine interaction. This technology also helps physically disabled people to operate devices. Rising use of consumer electronics and IoT devices due to the growing need for comfort is also driving the market growth. In December 2014, Cognitec Systems GmbH, a Germany-based face recognition company, announced a partnership with Intel Corporation, a U.S. based multinational technology company, to apply face recognition in consumer electronics. This feature helps owners of laptop smartphones and tablets to protect their devices.
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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Categories Biotech , Computers , Engineering
Tags gesture recognition market outlook , gesture recognition market share , gesture recognition market size
Last Updated March 24, 2021