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Europe and North America are the leading hubs for gesture recognition technology, particularly in automobile sector.

11-28-2018 10:25 AM CET | IT, New Media & Software

Press release from: Allied Market Research

Gesture Recognition System Market

Gesture Recognition System Market

Gesture recognition system (GRS) integrates imaging and computer systems by running predefined mathematical algorithms to interpret the specific gesture language. Gesture recognition systems, primarily include the interpretation of face and hand movements, facilitating interaction of humans with machines. The gesture recognition system has emerged as a popular technology over traditional mechanical interaction technologies.

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Gesture recognition system market has witnessed a high growth in recent years. Factors such as willingness towards adoption of new technology and ease of use are primarily driving this market. Gesture recognition technology has numerous applications in smart TVs, gaming devices and smartphones. The boom in gaming, smart TV and smartphone industries has boosted the growth of gesture technology market. North America and Europe are the leading hubs for gesture recognition technology, particularly in automobile sector. America is also leading in consumer electronic sector by following the practices to integrate implementation of GRS by OEM’s at large level. The market growth is also supplemented by advancements in the entertainment & gaming industry.

The market for gesture recognition systems are segmented on the basis of application, technology, product, and geography. The report highlights these segments covering their market trend, competitive scenario, key growth factors and market forecast. Cognitec, GestureTec, Cognivue, Microsoft corporation, Eyesight, Omek, Point Grab, Soft-Kinetic, Primesense, Crossmatch Technologies Inc., The Gesture System, Intel, Microchip are the key vendors in Gesture Recognition System market across global. These players are profiled in the report with detailed description on their business overview, financials, resent developments and strategies.

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KEY BENEFITS

• This report outlines current and future trends of the global gesture recognition system market along with a detailed analysis of key factors influencing the market
• The study highlights various segments depicting the growth potential of the global gesture recognition system market
• In this study, the market current position is analysed qualitatively and quantitatively with a forecast for 2014-2020 to represent the financial appetency of the market
• Key companies in the gesture recognition system market are profiled along with a SWOT analysis
• Porters Five Forces model is used to analyse the potency of buyers & suppliers, along with a detailed study on the market competition. This would enable the market players to develop effective strategies
• The report also provides value chain analysis, evaluating the role and value addition of key intermediaries involved in the value chain.

GESTURE RECOGNITION SYSTEM MARKET SEGMENTATION
The market is segmented on the basis of Type, Application, Technology, Product and geography.

Market by Type
- Gesticulation
- Pantomimes
- Language like gesture
- Sign languages
- Emblems

Market by Application:
- Automobile
- Consumer Electronics
- Gaming
- Transit
- Healthcare
- Defence
- Retail

Market by Technology:
- Contact Type
- Touch based gestures

Non-Contact Type
- Device Gesture Technology
- Vision based Technology
- Electrical Field Sensing

Market by Product:
- Sanitary equipment
- Biometric equipment

Market by Geography:
- North America
- Europe
- Asia Pacific
- LAMEA

Key Players
- Cognitec
- GestureTek
- Microsoft corporation
- Cognivue
- Eyesight
- Omek
- Point Grab
- Soft Kinetic
- Crossmatch technologies Inc.
- Intel
- Iris Guard
- Microchip

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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