Global Gesture Recognition Solution Market 2019-2026

The global gesture recognition solution market will grow by USD 3.15 billion during 2019-2026. This report provides a detailed analysis of the market by product (gaming consoles, PCs, smartphones, and automobiles) and geography (the Americas, APAC, and EMEA). The report analyzes the market’s competitive landscape and offers information on several gesture recognition solution providers including Crunchfish AB, Eyesight Technologies Ltd., GestureTek, Intel Corporation, and Sony Corporation.

Global gesture recognition solution industry overview

The increasing implementation of HMI technologies in the automotive industry will be a significant factor that will drive gesture recognition market growth. Automobile manufacturers are increasingly adopting HMI technologies in their vehicles to enhance safety and to reduce fatalities. To overcome the challenges in the usage of touchscreen infotainment systems, automotive manufacturers are focusing on integrating voice recognition technology with automotive infotainment systems. To differentiate their products, companies are increasingly focusing on offering in-car infotainment systems with innovative technologies such as gesture recognition. Audi, BMW, Lamborghini, JAGUAR, and Mercedes-Benz are some of the luxury car companies that have already started integrating gesture recognition in their products. This will subsequently drive the growth of the gesture recognition solution market during the forecast period.

There is also increasing preference for ToF cameras for gesture recognition. Conventional gesture recognition cameras used in laptops and smartphones consume more power and result in fast battery discharge. Several vendors are using ToF cameras to overcome this drawback. ToF cameras use laser source for depth sensing and have high accuracy in recognizing motion gestures. They also utilize less power compared to 3D cameras. The adoption of ToF cameras in electronic devices such as smartphones will have a positive impact on the growth of the global gesture recognition market during the forecast period. As a result of such factors, the market will register a CAGR of almost 76% during 2019-2026. However, the market’s growth momentum will decelerate in the coming years because of the decline in year-over-year growth.

Top gesture recognition solution companies covered in this market research report

The global gesture recognition market is fairly concentrated. This research report provides a detailed analysis of the market’s competitive landscape and offers information on the products offered by various companies. Key insights provided by this global gesture recognition market research report will help companies create strategies to improve their revenue share.

The report offers a detailed analysis of several companies including:

Crunchfish AB

Eyesight Technologies Ltd.

GestureTek

Intel Corporation

Sony Corporation

Gesture recognition solution market segmentation based on product

Gaming consoles

PCs

Smartphones

Automobiles

The adoption of 3D cameras in smartphones that will increase the compatibility of the hardware with gesture recognition technology will drive gesture recognition market growth in this segment. As a result of these factors, the smartphone segment will account for the largest gesture recognition solutions market share by the end of the forecast period.

Gesture recognition solution market segmentation based on geography

Americas

APAC

EMEA

APAC was the largest global gesture recognition market share throughout the forecast period. The region has a high concentration of gesture recognition OEMs. This coupled with the presence of the manufacturing plants of several luxury automobile companies, is driving the growth of the market in APAC.

Key highlights of the global gesture recognition solution market report for the forecast period 2019-2026

CAGR of the market during the forecast period 2019-2026

Detailed information on factors that will decelerate the growth of the gesture recognition market during the next five years

Precise estimation of the global gesture recognition market size and its contribution to the parent market

Accurate predictions on upcoming trends and changes in consumer behavior

The growth of the gesture recognition industry across the Americas, APAC, and EMEA

A thorough analysis of the market’s competitive landscape and detailed information on several vendors

Comprehensive details of factors that will challenge the growth of gesture recognition companies