Press release
Global Gesture Recognition Market to Log 20.3% CAGR from 2015 to 2021 - Global Industry Analysis, Size, Share, Growth, Trends and Forecast
ResearchMoz added Latest Research Report titled " Gesture Recognition Market by Application (Automotive, Hospitality, Consumer electronics, Gaming, Aerospace and defense, Commercial centers, Educational hubs, Medical centers), by Technology (Touch based gesture recognition, Touchless gesture recognition) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2015 - 2021 " to it's Large Report database.User-friendliness of gesture recognition enabled devices along with growing application of gesture control solutions in healthcare, retail sector, and industrial settings are some of the major factors contributing to the growing popularity of gesture recognition technology at the global level. Increasing consumer preference for gesture control devices which includes tablets, PCs, laptops are contributing in the growing popularity of gesture recognition technology globally.
The importance of gesture recognition technology lies in developing efficient interaction between humans and machines. Increasing application of gesture recognition technology in consumer electronics is among the key factors boosting the gesture recognition market at the global level. 3D vision and gesture tracking solutions in gaming consoles along with 2D gesture recognition technology in smart TVs, PCs, and tablets is fueling the demand for touch less gesture recognition technology. Limited numbers of recognizable gestures along with inaccurate and inefficient systems are certain factors hindering the growth of the gesture recognition market globally. However, technological advancements in the gesture recognition market coupled with rising demand for this technology in smartphones are offering great opportunities for the major players in the gesture recognition market.
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Development of 3D Vision and gesture tracking technology along with growing prominence of 2D gesture recognition technology in the consumer electronics is expected to have a huge impact on this market in the short, medium, and long term. Furthermore, rising number of strategic partnerships between various automobile and gesture recognition technology companies is having a positive impact on the growth of the gesture recognition market. Increasing adoption of gesture recognition solutions in the automotive industry is one of the prime reasons behind the growth of global gesture recognition market. In addition, 1growing gesture-based interaction in factory automation and increasing application of gesture recognition solutions in the industrial sector is fueling the demand for gesture control technology at the global level.
Geographically, the global gesture recognition market is categorized into North America, Europe, Asia Pacific and Rest of the World (RoW). The scope of the report offers an insight into gesture recognition market in these regions based on revenue (USD million). In addition, current and future trends in the gesture recognition market are covered in the report. North America led the market for gesture recognition in 2014, followed by Europe. Rising demand for gesture control solutions in consumer electronics such as smartphones, tablets, and other devices is major reason propelling the growth of this market.
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Table of Contents
Chapter 1 Preface
1.1 Report Description
1.2 Market Scope
1.3 Key Take Away
1.4 Research Methodology
Chapter 2 Executive Summary
2.1 Global Gesture Recognition Market Snapshot
Chapter 3 Global Gesture Recognition Market Overview
3.1 Introduction
3.1.1 Advantages and Disadvantages of gesture recognition technology
3.1.2 Nature of the global gesture recognition market
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Competitive Strategies Adopted By Major Players
3.4 Market Attractiveness Analysis, By Application
Chapter 4 Global Gesture Recognition Market Revenue, by Application, 2014 – 2021
4.1 Overview
4.1.1 Market Share, 2014 Vs 2021 (%)
4.2 Automotive segment
4.3 Hospitality segment
4.4 Consumer electronics segment
4.5 Gaming segment
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