Press release
Gesture Recognition Market worth $32.3 billion in 2025 and Touchless Sensing Market worth 15.3 billion in 2025
The report "Gesture Recognition and Touchless Sensing Market by Technology (Touch-Based and Touchless), Product (Sanitary Equipment, Touchless Biometric), Type (Online, Offline) Industry and Geography - Global Forecast to 2025", gesture recognition market is projected to reach USD 32.3 billion in 2025 from USD 9.8 billion in 2020, at a CAGR of 27.0%. Major drivers for the gesture recognition market's growth are increasing demand for connectivity in the automotive industry, low technical complexity and advanced user experience and growing digitization across several industries. Further, the integration of multiple technologies with gesture control will create opportunities for the gesture recognition market. The major restraint for the market is high power consumption by the gesture-enabled products. Complex framework for manufacturers pose a major challenge to this market. The touchless sensing market is projected to reach USD 15.3 billion in 2025 from USD 6.8 billion in 2020 at a CAGR of 17.4%. Major drivers for the touchless sensing market include increasing demand for contact-free sensing as well as hygiene issues and favorable programs deployed by the government. The escalating demand for touchless sensing technologies in smartphones and touchless biometric solutions with upgraded tracking and controlling functionalities will create opportunities for the touchless sensing market. The major restraint for the market is higher switchover costs coupled with user resistance. High cost involved in touchless sensing products pose a major challenge to this market.Browse 105 market data Tables and 71 Figures spread through 187 Pages and in-depth TOC on "Gesture Recognition and Touchless Sensing Market by Technology (Touch-Based and Touchless), Product (Sanitary Equipment, Touchless Biometric), Type (Online, Offline) Industry and Geography - Global Forecast to 2025"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/touchless-sensing-gesturing-market-369.html
Online gesture recognition is expected to hold a larger share of the gesture recognition market
Online gesture is regarded as direct manipulation, such as scaling and rotating. In contrast, offline gesture is usually processed after the interaction is finished; e.g., a circle is drawn to activate a context menu. Offline gesture recognition is a relatively new technology than online gesture recognition. The rate of recognition in offline gesture is lower than that of the online gesture. The online gesture recognition segment is expected to register a higher CAGR during the forecast period.
Sensors segment is expected to hold the largest market share of the touchless sensingmarket during the forecast period
The touchless sensing market by technology is expected to be dominated by the sensors segment during the forecast period. Touchless sensors are developed to help in the user interface innovations centered on touchless gesturing. The market for sensors is growing owing to the increasing digitization across various industries, such as consumer electronics, automotive, government, and banking.
Download Free PDF Brochure @
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=369
Gesture recognition and touchless sensingmarket in APAC to grow at highest CAGR duringthe forecast period
The gesture recognition market in APAC is expected to have the highest growth rate throughout the forecast period owing to the increasing demand for consumer electronics in this region. The growing demand for gesture-enabled products such as smartphones, laptops and tablets, and smart TVs has propelled the growth of the gesture recognition market in the APAC region.
Microsoft Corporation (US), Microchip Technology Inc. (US), Apple Inc. (US), Google Inc. (US), Sony Depthsensing Solutions SA/NV (Belgium), Infineon Technologies AG (Germany), OmniVision Technologies, Inc. (US), IrisGuard (UK), Cognitec Systems GmbH (Germany), and GestureTek (Canada), pmdtechnologies ag (Germany), PointGrab Inc. (Israel), XYZ Interactive (Canada), Elliptic Labs (Norway), Eyesight Technologies Ltd. (Israel), Ultraleap (UK), German Auto Labs GmbH (Germany), iPROOV Limited (UK), Gesture Research (India) and OBLONG INDUSTRIES (US) are a few major players in the gesture recognition and touchless sensing market.
Mr. Sanjay Gupta
MarketsandMarkets(TM) INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
MarketsandMarkets(TM) provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets(TM) for their painpoints around revenues decisions.
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 Gesture Recognition Market worth $32.3 billion in 2025 and Touchless Sensing Market worth 15.3 billion in 2025 here
News-ID: 1999647 • Views: …
More Releases for Touchless
TTS Touchless Switch Series Now Offers RGB Illumination
Santa Rosa, California, March 16th, 2021 - The new SCHURTER TTS RGB adds technical finesse to the original TTS switch series introduced in 2021. The TTS series provides contactless switching, highly precise operation, and now customizable colors. With the new RGB ring illumination, the stylish and robust TTS switch series adds a multicolor palate to its existing bi-color options.
The TTS series uses the highly precise Time-of-Flight (ToF) sensor technology, whereby…
International travel awards launch Touchless hospitality recovery campaign
HotelApp – New Touch-less Guest Service App by International Travel Awards
Source: https://internationaltravelawards.org
International travel awards launch Touchless hospitality recovery campaign.
The hospitality industry is one of the hardest-hit industries due to the pandemic and consumers focusing more on safety measures. It has become a precedent that hotels have to focus more on providing their guests with touchless and contactless services, check-ins and check-outs, which will help them attract more guests…
Bathroom Products Market Gives Rise to Touchless Technology
Transparency Market Research delivers key insights on the global bathroom products market. In terms of revenue, the global bathroom products market is estimated to expand at a growth rate of ~8% during the forecast timeline, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global bathroom products market report.
In the report, TMR predicts that the global bathroom products market would be largely driven by growing…
Touchless control times two
The INS series combines motion sensors and proximity switches in a single product.
Donnersdorf, Germany, 16/09/2019. With the INS series, InnoSenT GmbH offers a compact radar solution for the building automation and security market. What makes the series of products so special: the radar experts bring together two practical control functions in a single system. Thanks to its combination of motion sensors and proximity switches, the series boasts greater comfort and…
Smart Bathrooms Market by Type (Smart Windows, Hand Dryers, Touchless Cisterns, …
Growth in focus on energy and water conservation, hygiene maintenance, and sustainable development are expected to boost the demand for the global smart bathrooms market. With advancements in technologies, the smart bathrooms market gains an increase in popularity among the commercial and residential sector.
Smart bathrooms Market by Product, and End-user Industry: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global smart bathrooms market was valued at from $1,230.29 million in…
Touchless Sensors Market Sluggish Growth Rate by 2021
Touchless sensing is the next generation evolution in human machine interface (HMI) technology. It is typically used to detect the presence or motion of a person within the coverage area of sensor. Touchless sensing is a technology that combines the advantages of optical sensing with biometric sensing systems. Touchless sensors enable scanning of biometric images or simply the presence of a person without the need for physical contact with the…
