Press release
Gesture Recognition Industry Overview: Market Size, Growth, and Key Players
According to a new report published by Allied Market Research, titled, "Gesture Recognition Market," The gesture recognition market was valued at $13.9 billion in 2021, and is estimated to reach $88.2 billion by 2031, growing at a CAGR of 20.6% from 2022 to 2031.Gesture recognition technology can be used in a variety of applications, such as human-computer interaction, virtual reality, robotics, and gaming. It has the potential to enhance user experience and make interactions more natural and intuitive, as it allows users to communicate with technology in a way that mimics real-world human interactions.
Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/2479
Moreover, gesture recognition technology is still a rapidly evolving field, with ongoing R&D focused on improving its accuracy, speed, and versatility. As technology becomes more advanced and accessible, it has the potential to revolutionize the way firms are interacting with computers, devices, and each other.
Furthermore, increasing demand for contactless interfaces and the rising popularity of gaming applications are driving the growth of the market. In addition, the increasing usage of smart devices in various industries is fueling the growth of the gesture recognition market. However, high development and implementation costs and high battery power consumption by gesture recognition components limit the growth of the market. Conversely, the growing demand for augmented and virtual reality applications is anticipated to provide numerous opportunities for the expansion of the market during the forecast period.
The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers valuable guidance to leading players, investors, shareholders, and startups in devising strategies for the sustainable growth and gaining competitive edge in the market.
For Report Customization: https://www.alliedmarketresearch.com/request-for-customization/2479
Based on industry vertical, consumer electronics segment dominated the market in 2021 and is expected to continue its dominance during the forecast period, owing to the growing proliferation of smart home automation, and surge in demand for gaming and virtual & augmented reality solutions. However, the aerospace and defense segment is expected to witness the highest growth in the upcoming years, owing to the adoption of gesture recognition technology can enhance training by improving learning outcomes and reducing training costs. This factor is expected to drive segment growth globally.
Based on technology, the Touch-based Gesture Recognition segment held the highest share in 2021, accounting for more than half of the global gesture recognition market. However, the Touchless Gesture Recognition segment is expected to register the highest CAGR of 21.5% from 2022 to 2031, and is expected to continue its leadership status during the forecast period.
Region-wise, the gesture recognition market was dominated by North America in 2021 and is expected to maintain its position during the forecast period. Improvements in digital innovation and strengthened user experience are also acting as key forces for driving the growth of the North America gesture recognition market. However, Asia-Pacific is expected to witness significant growth during the forecast period. The rise in a number of digital transformation initiatives, along with the growing adoption of advanced technology, such as machine learning, data analytics, augmented reality, and virtual reality is expected to drive the gesture recognition market growth.
Access the full summary at: https://www.alliedmarketresearch.com/gesture-recognition-market
Covid-19 Scenario:
• The outbreak of the COVID-19 pandemic had a positive impact on the growth of the global gesture recognition market, owing to an increase in the need for contactless interfaces, which remains even after the pandemic situation.
• Furthermore, contactless interfaces have always been a common choice for public places and high-traffic locations as they reduce the likelihood of transferring infectious diseases
Leading market players of the global gesture recognition market analyzed in the research include Apple Inc., Google LLC (Alphabet), Hitachi Ltd., IBM Corporation, Qualcomm Technologies, Inc. , Orbbec, Intel Corporation, GestureTek Technologies, Microchip Technology Incorporated, Infineon Technologies AG, Microsoft Corporation, LTU technologies, Amazon.com, Inc., Cipia Vision Ltd. (Formerly known as Eye Sight Technologies Ltd.)
The report provides a detailed analysis of these key players of the global gesture recognition market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
Buy Now & Get Exclusive Discount on this Report: https://www.alliedmarketresearch.com/checkout-final/3721f2b6e366025d68385ade246c8193
Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, Europe, or Asia.
If you have special requirements, please tell us, and we will offer you the report as per your requirements.
Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll-Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on: LinkedIn Twitter
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR 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 in making strategic business decisions and achieving sustainable growth in their respective market domains.
AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, researchers, and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients' requirements is complemented with analyst support and customization requests.
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 Industry Overview: Market Size, Growth, and Key Players here
News-ID: 3360137 • Views: …
More Releases from Allied Market Research

Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices.
Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529
What Are Urinary Drainage Bags?
Urinary drainage bags are specialized medical devices designed to collect…

Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031.
The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growth…

Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil …
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario.
Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strict…

Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of …
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031.
Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise in…
More Releases for Gesture
Key Influencer in the Gesture Recognition Market 2025: Rapid Digitalization Fuel …
What market dynamics are playing a key role in accelerating the growth of the gesture recognition market?
The expansion of digitalization is spurring the development of the gesture recognition market. A multitude of businesses and entities are utilizing biometric solutions to digitalize sizable processes. Biometrics, a scientific technique for recognizing a person's gestures by measuring their physical and/or behavioral traits, is being employed across various applications such as mobiles, laptops, and…
Gesture Recognition Market Size and Forecast
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- The global Gesture Recognition Market is expected to record a CAGR of XX.X% from 2024 to 2031 In 2024, the market size is projected to reach a valuation of USD XX.X Billion. By 2031 the valuation is anticipated to reach USD XX.X Billion.
The gesture recognition market has grown significantly over the past few years and is expected to continue expanding in the coming years. Gesture recognition refers…
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…
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…