Gesture Recognition and Touchless Sensing Market 2018-2023 Size, Share, Growth, Analysis, Trends, Segmentation and Growth Forecast 2022

Market Highlights:

Gesture Recognition & Touchless Sensing is the translation of human movement or gesture through various mathematical algorithms via computing device and facilitates a person to interact with the machine without using mechanical devices, as input mechanism to perform desired actions in a system. The technology is used to measure the human gestures such as movement of fingers, hands, head, arms or an entire body. Gesture recognition methods have enhanced the usability of various devices and have resulted in the advancement of several innovative applications in various end-use industries. The Gesture Recognition & Touchless Sensing Market is expected to grow at a rapid pace in most of the regions of the world due to a growing number of acquisitions and the focus of players towards incorporating gesture recognition & touchless technology in their products. The growing demand of the virtual market and other stimulation products is creating a huge market potential for gesture recognition products.

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Key players:

The global competitors in gesture recognition sector are Microsoft Corporation (U.S.), Intel Corporation (U.S), Apple Inc. (U.S), Iris guard (Jordan), Qualcomm Inc.(U.S), Prime Sense Limited (Isreal), Omron Corporation (Japan), SoftKinetic (Belgium), Texas Instruments (U.S.), Infineon Technologies (Germany) and others.

Regional Analysis:

Asia pacific is dominating the market of Gesture Recognition & Touch less Sensing with the market share. Due to high availability of low-cost smartphones and tablets and emerging trend of using digital technology in Region such as China and India and also due to the raising foreign investments. Touch Sensor Market in North-America market is expected to grow at CAGR of high from2016 to 2022 by expected period. The European market for Touch Sensor Market is expected to grow at high CAGR (2016-expected period).

Market Segmentation:

Segmentation by Technology: Sensors (infrared, capacitive, ultrasonic & resistive), 2D, 3D among others.

Segmentation by Products: Touch based gesture recognition and Touch-less gesture recognition. Touch-less gesture recognition comprises of Touch-less Sanitary Equipment and Touch-less Biometric

Segmentation by Application Areas: Entertainment, consumer electronics, healthcare, hospitality, retail industry, automobile, aerospace, defense and SME organizations among others.

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Industry News:

• In August 2016, OMRON Launches New Image Sensing Unit for IoT
• In May 2016, Iris Guard’s NEW Disruptive Eye Pay POS Terminal sets its Sights on the World’s Retail Market.
• In April 2015, Apple released the new update on 3D gesture control and hand tracking technology, which describes technology which can analyze hand motions and pass the data through to the PC as an interfacing method.

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This release was published on openPR.