DUBLIN--(BUSINESS WIRE)--The "Gesture Recognition and Touchless Sensing - Global Market Outlook (2018-2027)" report has been added to ResearchAndMarkets.com's offering.
The Global Gesture Recognition and Touchless Sensing Market accounted for $10.9 billion in 2018 and is expected to reach $65.9 billion by 2027 growing at a CAGR of 22.1% during the forecast period.
Some of the key factors influencing the market growth include the growing rate of adoption by original equipment manufacturers (OEMs), increasing demand for the virtual and simulation products and surging application of gesture control features in automobiles. However, the absence of haptic sensation and higher switchover cost is restraining the market growth.
Gesture recognition & touchless sensing is the use of various mathematical algorithms by means of computing devices in order to translate human gestures or movements. These systems help humans interact with the machines without making use of any mechanical devices. The recognition & touchless sensing technology uses human gestures such as the movement of the head, fingers, arms, hands, and an entire body.
Based on the technology, the touch-based gesture recognition technology segment is going to have a lucrative growth during the forecast period. Touch-based gesture recognition technologies allow a user to make a certain gesture by touching a device or through a controller connected to the device. Such touch/device-based gestures can be seen in most smartphones available in the market. The largest market size for touch-based gesture control devices is attributed to the larger customer base for touch-based devices.
By Geography, APAC is likely to have a huge demand owing to the rising foreign investments, increasing demand for consumer electronic products in this region. The growing demand for gesture-enabled products, such as smartphone, laptops and tablets, smart TVs, has propelled the growth of the gesture recognition market for the region. The developing countries in the APAC region provide a favourable environment for product manufacturers.
What the report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Key Topics Covered:
1 Executive Summary
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
3 Market Trend Analysis
3.6 Product Analysis
3.7 Technology Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Gesture Recognition and Touchless Sensing Market, By Product
5.2 Touchless Biometric
5.3 Sanitary Equipment
6 Global Gesture Recognition and Touchless Sensing Market, By Technology
6.2 Camera-based Technology
6.3 Voice Assistance
6.4 Radio-Frequency Identification (RFID) Technology
6.6 Touchless Gesture Recognition
6.7 Touch-based Gesture Recognition
6.10 Photo-Ionization Detectors
6.12 Solid State/Metal Oxide Semiconductor
7 Global Gesture Recognition and Touchless Sensing Market, By End User
7.3 Finance and Banking
7.6 Consumer Electronics
7.7 Advertisement & Communication
7.8 Aerospace & Defense
7.11 Retail Industry
7.12 Small And Medium-Sized Enterprises (SMEs) Organizations
7.14 Educational Hubs
7.15 Medical Centers
7.16 Commercial Centers
8 Global Gesture Recognition and Touchless Sensing Market, By Geography
8.2 North America
8.4 Asia Pacific
8.5 South America
8.6 Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.5 Other Key Strategies
10 Company Profiling
10.1 Sony Corporation
10.2 Google, Inc.
10.3 Cross Match Technologies Inc.
10.4 Microsoft Corporation
10.5 Eyesight Technologies Ltd.
10.6 Omnivision Technologies, Inc.
10.7 Xyz Interactive Technologies, Inc.
10.8 Apple, Inc.
10.9 Elliptic Labs
10.10 Cognitec Systems GmbH
10.11 Intel Corporation
10.12 Gesture Research
10.13 Microchip Technology, Inc.
10.14 Pmd Technologies AG
10.15 Qualcomm Technologies, Inc.
10.16 Irisguard, Inc.
10.17 Omron Corporation
10.18 Infineon Technologies AG
For more information about this report visit https://www.researchandmarkets.com/r/68ergg