Press release
What's driving the Gesture Recognition Market Growth? Prominent Players: Apple, Intel Corporation, Microchip Technology Inc., Microsoft, Sony, Elliptic Labs, Eyesight Technologies, FIBARO, GestureTek, Jabil, Leap Motion, Pyreos Ltd
For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/gesture-recognition-market-100235
Top Players
• Elliptic Laboratories A/S
• Eyesight Technologies Ltd
• Fibaro Group SA
• GestureTek Inc.
• Intel Corporation
• Jabil Inc.
• Leap Motion Incorporation
• Microchip Technology Incorporated
• Apple Inc.
• Microsoft Corporation
• Pyreos Limited
• Sony Corporation
• Thalmic Labs Inc.
Recent Technological Advancements to Have An Enormous Impact On The Global Market
Rising use in industrial automation, self-driven automobiles, and smart home automation is likely to drive the global gesture recognition market. Identification of physical movements, motion or gestures of humans is recognized by gesture recognition. Gestures such as waving hands, feet, head, blinking eyes, and others in a particular way, that will launch/unlock and assist in operating specific application without even touching them.
The basic aim of gesture recognition is a combination of computer analytics and language technology. Gesture recognition focuses on identifying human gestures via scientific and mathematical algorithms. Gestures help to manage mixed reality environments, complex robotics systems, smart home appliances, and medical equipment in operating rooms.
Request a Sample Copy of the Global Market Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/gesture-recognition-market-100235
Key Market Driver – Growing market of accelerometer and gyroscope sensors, innovations in the field of bioelectronics and nanotechnology, rising of the gaming industry, growing market of 3D sensors
Key Market Restraint - Difficulty in maintaining stable measurement conditions for sensors
Investments In R&D Of AI Technology To Boost Growth For The Gesture Recognition Market
Integration of Artificial Intelligence in various applications is expected to be an important factor to boost the market for gesture recognition. Investment in Al technology is anticipated to exceed US$ 125 Bn by 2024, according to a report by International Data Corporation. A program named Gesturepod, which is equipped with AI features for augmented reality assistive devices was introduced by Microsoft Corporation. The program’s sole purpose is to manage a smartphone without even touching or removing it from the pocket or others. Gesturepod is achievable of more than 92%of accuracy rate in gesture recognition. Henceforth it reduces the overall time consumption for the user, completing the task on the smartphone more quickly.
Presence Of Prime Companies In North America To Contribute Towards Gesture Recognition Market Growth in the Region
North America is likely to be leading the gesture recognition market due to the existence of important key players such as Intel Corporation, Microsoft Corporation, Microchip Corporation, Apple Incorporation. These companies are increasingly innovating novel technologies for gesture recognition, therefore, giving enabling global market growth. For instance, Apple Inc. in 2018 introduced 3D camera in a smartphone with Human-machine Interaction for depth mapping used in advanced gesture control. The US to also receive investments for the development of 3D gesture and touchless technology.
Asia Pacific is predicted to be the fastest growing in regards to gesture recognition market during the forecast period. Countries in Asia, such as China, India and Japan to focus on the OEMs, and implementation of the gesture recognition technology in their products such as smartphones, cameras, and laptops, which results in the growth of gesture recognition market.
Request for Customization: https://www.fortunebusinessinsights.com/enquiry/customization/gesture-recognition-market-100235
Segmentation
1. By Technology
• Touch-based
o Multi-Touch System
o Motion Gesture
• Touchless
o Capacitive/Electric Field
o Infrared Array
o Ultrasonic Technology
o 2D Camera-Based Technology
o 3D Vision Technologies
2. By Industry Vertical
• Agriculture
• Healthcare
• Manufacturing
• Food and Beverages
• Energy and Utilities
• Research
• Others
3. By Geography
• North America (the USA and Canada)
• Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
• Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
• Latin America (Brazil, Mexico and Rest of Latin America)
• Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
Contact Us:
Fortune Business Insights Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com
About Us
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
Contact Us
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Phone
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release What's driving the Gesture Recognition Market Growth? Prominent Players: Apple, Intel Corporation, Microchip Technology Inc., Microsoft, Sony, Elliptic Labs, Eyesight Technologies, FIBARO, GestureTek, Jabil, Leap Motion, Pyreos Ltd here
News-ID: 1895776 • Views: …
More Releases from Fortune Business Insights Pvt. Ltd.
Luxury Goods Market Size Report, Trends, Overview, Outlook & Future Growth By 20 …
The global luxury goods market size was valued at USD 272.74 billion in 2022. The market is anticipated to grow from USD 284.00 billion in 2023 to USD 392.40 billion by 2030, exhibiting a CAGR of 4.7% during the forecast period.
Luxury products signify the status symbol of an individual. Businesses focus on high-income populations with visually appealing designs and technology-integrated products. For instance, NFC-installed chips in jewelry; a product called…
With 17.2% CAGR, Smart Glass market Market to Hit USD 15,788.0 Million by 2022-2 …
The global smart glass market size is anticipated to reach USD 15,788.0 million by 2027, owing to the rise in the use of smart glass for different applications such as aerospace, marine, architectural, and automotive.
Smart glass or switchable glass is glazing or a glass with altered transmission properties as and when heat, light, or voltage is applied. They are capable of changing their appearance from opaque to translucent to transparent…
Non-alcoholic Beverages Market Segmentation& Analysis, Industry Growth Forecast …
According to Fortune Business Insights ™, the global non-alcoholic beverages market size is anticipated to rise significantly on account of the current trend of health and fitness and the rising inclination towards healthy beverages. The value of this market was USD 919.13 billion in 2019 and is expected to rise at a CAGR of 8.20% between 2020 to 2027 to reach USD 1,257.77 billion by the end of 2027.
List of…
Intravenous Iron Drugs Market 2022: Global Technology, Segmentation, Growth, Dev …
Global Intravenous Iron Drugs Market Size research report 2022 offers an in-depth assessment of revenue growth, market definition, segmentation, industry potential, influential trends for understanding the future outlook and current prospects for the market. The demand for refractive surgeries is anticipated to increase, attributed to the rise in the aging population and excessive use of digital devices, which has increased the screen time of the world population due to the…
More Releases for Gesture
Global Gesture Control Interfaces Market to 2025 | GestureTek, Gestigon, Leap Ge …
This research report titled “Global Gesture Control Interfaces Market” Size, Status and Forecast 2019-2025 has been added to the wide online database managed by Market Research Hub (MRH). The study discusses the prime market growth factors along with future projections expected to impact the Gesture Control Interfaces Market during the period between 2019 and 2025. The concerned sector is analyzed based on different market factors including drivers, restraints and opportunities…
Gesture Control Interfaces Global Market 2018: Key Players – GestureTek, Gesti …
Gesture Control Interfaces Industry
Description
Wiseguyreports.Com Adds “Gesture Control Interfaces -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2023” To Its Research Database
Touchless gesture recognition occurs when a user makes movements in the air (whether intentionally or unintentionally), rather than in contact with a trackpad, touchscreen, stylus, or similar surface interface. These gestures are uniquely distinguishable as human, and are recognized and interpreted by automated systems to deduce…
Gesture Recognition Market: Increasing popularity of Consumer Electronics with G …
The world market for gesture recognition is marked with the presence of a few market players. The emphasis of those eminent market players pertaining to this market is to extract benefits of new technologies so as to improve upon their already existing products and also to expand and diversify company product portfolios.
The increasing popularity of consumer electronic gadgets that come with the capability of gesture recognition and rising and newfound…
Ultrasonic Gesture Recognition Market: Rising Number of Strategic Partnerships B …
Ultrasonic gesture recognition using sound is an attractive touch less recognition system that can be used to overcome difficulties ambient light insensitivity. This ultrasonic gesture recognition is developed using batch-fabricated micro machined aluminum nitride (AIN), ultrasonic transducer arrays and custom CMOS (complementary metal oxide semiconductor) electronics. . The global Ultrasonic gesture recognition market is predicted to have a robust growth rate during the forecast period from 2017 to 2025…
Global Gesture Recognition Market Is Driven by Surge in Consumer Demand for Gest …
Global Gesture Recognition Market Report, published by Variant Market Research, forecast that the global market is expected to reach $43.6 billion by 2024 from $13.1 billion in 2016; growing at a CAGR of 16.2% from 2016 to 2024. By geography, Asia-Pacific and RoW are expected to grow at a CAGR of 17% and 15.9%, respectively, during the forecast period.
Browse Complete Report @ https://www.variantmarketresearch.com/report-categories/semiconductor-electronics/gesture-recognition-market
Development of gesture based smartphones and tablets…
Gesture Recognition Market Technology, Gesture Control, Device Demand, Touchless …
Global Gesture recognition market is expected to grow at a CAGR of 29.2% from 2017 to 2025.
Based on type, it is bifurcated into touch-based gesture recognition system and touch less gesture recognition systems. Categorization based on industry verticals includes, electronics, industrial, automotive, healthcare, and others. Further, based on geography, the global gesture recognition market is segmented into, North America, Europe, Asia-Pacific, and LAMEA.
Fill the form for an exclusive sample of…
