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Gesture Recognition Market - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

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    Report

  • December 2020
  • Region: Global
  • Coherent Market Insights Pvt Ltd.
  • ID: 5328102
Gesture recognition is technology that understands human gestures and actions such as the movement of the finger, hand, head, arm, or the entire body. Gesture recognition technology allows users to operate and control devices with their gestures. For instance, users can move the cursor by pointing fingers at the screen. Gesture recognition uses different sensors such as infrared sensors, image sensors, and others to recognize and interact with devices. Gesture recognition technology is used in many industries such as automotive, retail, aerospace & defense, healthcare, and others. The increasing demand for touchless sensing technology in smartphones and touchless biometric solutions with upgraded tracking and monitoring functionalities is expected to create lucrative opportunities for the market growth.

Market Dynamics

The global gesture recognition market is expected to witness significant growth during the forecast period owing to adoption of AI-based gesture recognition in the retail sector. Through AI-based gesture recognition, retailers can check popularity of an item through consumer facial and hand gestures. Retailers can analyze how shoppers are reacting to different products in-store and can determine the potential of a product for sale. For instance, in March 2019, Amazon.com, Inc. launched an enhanced to face analysis feature of ReKognition (cloud-based software). Through these enhancements, retailers are able to detect the moods of customers. Furthermore, in July 2017, Walmart developed facial recognition technology to detect frustrated and unhappy shoppers. Through this technology, retailers can easily assess whether new items are working in a store or not and can predict the best place for products to position production for better results. By using AI-based gesture recognition technology, the retailer can use predictive data to determine consumer preference and shopping habits and display those items that customers are most likely to purchase.

Furthermore, many global players across different regions are focusing on developing new products with new features and technologies to remain competitive in the market. Industries are focusing on expanding their businesses by using various expansion strategies such as partnerships, collaborations, and mergers to cater to demand from end-users. For instance, in August 2017, Jabil Inc., a U.S. based manufacturing services company, announced a partnership with eyesight Technologies, an Israel-based company, that develops artificial intelligence technologies. Through this partnership, these companies have developed in-car sensing technology to detect the presence of drivers and improve human machine interface.

Key features of the study:
  • This report provides in-depth analysis of the global gesture recognition market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2020– 2027), considering 2019 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players
  • It profiles leading players in the global gesture recognition market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
  • Companies covered as a part of this study are Intel Corporation, Qualcomm Technologies, Inc., IBM Corporation, Google Inc., Microsoft, Facebook, Inc., Samsung Electronics Co., Ltd., Baidu Inc, Cisco Systems, Inc., Apple, Inc., Infineon Technologies AG, PointGrab Inc., Elliptic Laboratories A/S, Microchip Technology Inc., OmniVision Technologies, Inc., OMRON Corporation, Sony Corporation, Texas Instruments Incorporated, Sony Depthsensing Solutions, Jabil Inc., and Ultraleap
  • Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
  • The global gesture recognition market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global gesture recognition market.

Detailed Segmentation

Global Gesture Recognition Market, By Component:
  • Touched System
  • Touchless system

Global Gesture Recognition Market, By End-Use Industry:
  • Automotive
  • Aerospace & Defense
  • Consumer Electronics
  • Healthcare
  • Retail
  • Gaming
  • Others

Global Gesture Recognition Market, By Region:
  • North America
  • By Country
  • U.S.
  • Canada
  • Latin America
  • By Country
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
  • Europe
  • By Country
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
  • Asia Pacific
  • By Country
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
  • Middle East
  • By Country
  • GCC
  • Israel
  • Rest of Middle East
  • Africa
  • By Country/Region
  • South Africa
  • Central Africa
  • North Africa

Company Profiles
  • Intel Corporation *
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments/Updates
  • Qualcomm Technologies, Inc.
  • IBM Corporation
  • Google Inc.
  • Microsoft
  • Facebook, Inc.
  • Samsung Electronics Co., Ltd.
  • Baidu Inc
  • Cisco Systems, Inc.
  • Apple, Inc.
  • Infineon Technologies AG
  • PointGrab Inc.
  • Elliptic Laboratories A/S
  • Microchip Technology Inc.
  • OmniVision Technologies, Inc.
  • OMRON Corporation
  • Sony Corporation
  • Texas Instruments Incorporated
  • Sony Depthsensing Solutions
  • Jabil Inc.
  • Ultraleap

“*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

1. Research Objectives and Assumptions
  • Research Objectives
  • Assumptions
  • Abbreviations

2. Market Purview
  • Report Description
  • Market Definition and Scope
  • Executive Summary
  • Market Snippet, By Component Type
  • Market Snippet, By End-Use Industry
  • Market Snippet, By Region
  • Opportunity Map

3. Market Dynamics, Regulations, and Trends Analysis
  • Market Dynamics
  • Drivers
  • Restraints
  • Market Opportunities
  • Regulatory Scenario
  • Industry Trend
  • Merger and Acquisitions
  • New system Launch/Approvals
  • Value Chain Analysis
  • Porter’s Analysis
  • PEST Analysis
  • Impact of COVID-19

4. Global Gesture Recognition Market, By Component Type, 2020-2027 (US$ Billion)
  • Introduction
  • Market Share Analysis, 2020 and 2027 (%)
  • Segment Trends
  • Touched System
  • Introduction
  • Market Size and Forecast, 2020-2027, (US$ Billion)
  • Touchless System
  • Introduction
  • Market Size and Forecast, 2020-2027, (US$ Billion)

5. Global Gesture Recognition Market, By End-Use Industry, 2020-2027 (US$ Billion)
  • Introduction
  • Market Share Analysis, 2020 and 2027 (%)
  • Segment Trends
  • Automotive
  • Introduction
  • Market Size and Forecast, 2020-2027, (US$ Billion)
  • Aerospace & Defense
  • Introduction
  • Market Size and Forecast, 2020-2027, (US$ Billion)
  • Consumer Electronics
  • Introduction
  • Market Size and Forecast, 2020-2027, (US$ Billion)
  • Healthcare
  • Introduction
  • Market Size and Forecast, 2020-2027, (US$ Billion)
  • Retail
  • Introduction
  • Market Size and Forecast, 2020-2027, (US$ Billion)
  • Gaming
  • Introduction
  • Market Size and Forecast, 2020-2027, (US$ Billion)
  • Others
  • Introduction
  • Market Size and Forecast, 2020-2027, (US$ Billion)

6. Global Gesture Recognition Market, By Region, 2020-2027 (US$ Billion)
  • Introduction
  • Market Share Analysis, By Region, 2020 and 2027 (%)
  • North America
  • Regional Trends
  • Market Size and Forecast, By Component Type, 2020-2027 (US$ Billion)
  • Billion)
  • Market Size and Forecast, By End-use Industry, 2020-2027 (US$ Billion)
  • Market Share Analysis, By Country, 2020 and 2027 (%)
  • U.S.
  • Canada
  • Europe
  • Regional Trends
  • Market Size and Forecast, By Component Type, 2020-2027 (US$ Billion)
  • Billion)
  • Market Size and Forecast, By End-use Industry, 2020-2027 (US$ Billion)
  • Market Share Analysis, By Country, 2020 and 2027 (%)
  • U.K.
  • Germany
  • Spain
  • Italy
  • France
  • Russia
  • Rest of Europe
  • Asia Pacific
  • Regional Trends
  • Market Size and Forecast, By Component Type, 2020-2027 (US$ Billion)
  • Billion)
  • Market Size and Forecast, By End-use Industry, 2020-2027 (US$ Billion)
  • Market Share Analysis, By Country, 2020 and 2027 (%)
  • China
  • India
  • Japan
  • ASEAN
  • Australia
  • South Korea
  • Rest of Asia Pacific
  • Latin America
  • Regional Trends
  • Market Size and Forecast, By Component Type, 2020-2027 (US$ Billion)
  • Billion)
  • Market Size and Forecast, By End-use Industry, 2020-2027 (US$ Billion)
  • Market Share Analysis, By Country, 2020 and 2027 (%)
  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America
  • Middle East and Africa
  • Regional Trends
  • Market Size and Forecast, By Component Type, 2020-2027 (US$ Billion)
  • Billion)
  • Market Size and Forecast, By End-use Industry, 2020-2027 (US$ Billion)
  • Market Share Analysis, By Country/Region, 2020 and 2027 (%)
  • South Africa
  • GCC Countries
  • Rest of the Middle East and Africa

7. Competitive Landscape
  • Company Profiles
  • Intel Corporation
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments/Updates
  • Qualcomm Technologies, Inc.
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments/Updates
  • IBM Corporation
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments/Updates
  • Google Inc.
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments/Updates
  • Microsoft
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments/Updates
  • Facebook, Inc.
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments/Updates
  • Samsung Electronics Co., Ltd.
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments/Updates
  • Baidu Inc
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments/Updates
  • Cisco Systems, Inc.
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments/Updates
  • Apple, Inc.
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments/Updates
  • Infineon Technologies AG
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments/Updates
  • PointGrab Inc.
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments/Updates
  • Elliptic Laboratories A/S
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments/Updates
  • Microchip Technology Inc.
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments/Updates
  • OmniVision Technologies, Inc.
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments/Updates
  • OMRON Corporation
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments/Updates
  • Sony Corporation
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments/Updates
  • Texas Instruments Incorporated
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments/Updates
  • Sony Depthsensing Solutions
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments/Updates
  • Jabil Inc.
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments/Updates
  • Ultraleap
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments/Updates
  • Analyst Views

8. Section
  • References
  • Research Methodology
  • About us and Sales Contact

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Intel Corporation
  • Qualcomm Technologies, Inc.
  • IBM Corporation
  • Google Inc.
  • Microsoft
  • Facebook, Inc.
  • Samsung Electronics Co., Ltd.
  • Baidu Inc
  • Cisco Systems, Inc.
  • Apple, Inc.
  • Infineon Technologies AG
  • PointGrab Inc.
  • Elliptic Laboratories A/S
  • Microchip Technology Inc.
  • OmniVision Technologies, Inc.
  • OMRON Corporation
  • Sony Corporation
  • Texas Instruments Incorporated
  • Sony Depthsensing Solutions
  • Jabil Inc.
  • Ultraleap