Global Gesture Recognition for Mobile Devices Market Projected to Showcase a CAGR of 61% Through 2021: Technavio

Technavio has published a new report on the global gesture recognition for mobile devices market from 2017-2021. (Graphic: Business Wire)

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LONDON--()--Technavio analysts forecast the global gesture recognition for mobile devices market to grow to USD 6,647.46 million by 2021, at a CAGR of more than 61% over the forecast period, according to their latest report.

The research study by Technavio on the global gesture recognition for mobile devices market for 2017-2021 provides a detailed industry analysis based on the technology (2D gesture recognition and 3D gesture recognition), product (smartphones, portable PCs, and tablets), and geography (APAC, the Americas, and EMEA).

 
Gesture recognition involves the generation and capture of an individual's gesture using a camera. This technology has reduced the effort required for interaction with devices and has increased the user experience of smartphones, remotes, and other electronic devices.
 

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Technavio analysts highlight the following three factors that are contributing to the growth of the global gesture recognition for mobile devices market:

  • Processor manufacturers incorporating gesture recognition
  • Growth in the consumer electronics market
  • Emergence of gestures as new medium of communication with machines

Processor manufacturers incorporating gesture recognition

Leading processor manufacturers such as Qualcomm, Microchip, and Texas Instruments have been focusing on the development of new processors that support gesture recognition technology. Processor manufacturers are also engaging in collaborations with gesture recognition companies to facilitate the smoother integration of gesture recognition technology in their processors.

With the advent of technologies such as Intel's RealSense, gesture recognition is likely to penetrate into smartphones, tablets, and other devices during the forecast period,” says Chetan Mohan, a lead analyst at Technavio for human-machine interface research.

Growth in the consumer electronics market

The growing demand for devices such as smartphones, tablets, and gaming consoles is paving the way for numerous technological advances, increased functionalities, and decreased prices. Smartphones are witnessing impressive growth rates despite market saturation. There is a huge potential for smartphone sales in India, China, Indonesia, Brazil, and other emerging economies. Tablets and laptops also have a substantial share in the market due to the rising tech requirements of consumers. The consumers often opt for devices which are integrated with advanced technologies such as gesture recognition, thereby boosting the market growth.

Emergence of gestures as new medium of communication with machines

Innovative technologies in PCs is very attractive to the users, and gesture recognition is one of those technologies that has gained acceptance not only in PCs but also in mobile devices, such as smartphones, tablets, and portable PCs,” says Chetan.

When combined with augmented reality (AR), gesture recognition technology proves to be highly useful for graphic designers, artists, engineers, and other parties that are involved in designing. The combination of AR and gesture recognition not only facilitates better 3D visualization of designs but also eases the interaction between 3D computer designs and designers.

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About Technavio

Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, resellers, and end-users.

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Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com

Release Summary

Technavio analysts forecast the global gesture recognition for mobile devices market to grow to USD 6,647.46 million by 2021, at a CAGR of more than 61% over the forecast period.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com