Gesture Recognition - Global Strategic Business Report

The global market for Gesture Recognition is estimated at US$15.7 Billion in 2023 and is projected to reach US$54.7 Billion by 2030, growing at a CAGR of 19.5% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the gesture recognition market is driven by several factors, including the increasing demand for contactless user interfaces, the proliferation of smart devices, and advancements in AI and machine learning. The COVID-19 pandemic has accelerated the need for touchless technologies to minimize physical contact, thus boosting the adoption of gesture recognition in public and personal devices. Additionally, the rapid expansion of the Internet of Things (IoT) ecosystem is creating new opportunities for gesture-based controls in smart homes and industrial automation. The automotive industry’s push towards advanced driver assistance systems (ADAS) and autonomous vehicles also significantly contributes to market growth, as gesture recognition enhances driver and passenger interaction with vehicle systems. Moreover, the entertainment and gaming sectors continue to explore innovative uses of gesture recognition to create immersive and interactive experiences. As these trends persist, the gesture recognition market is expected to witness robust growth, driven by the ongoing technological advancements and the increasing integration of gesture-based interfaces in various applications.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Touch-Based Gesture Recognition Technology segment, which is expected to reach US$19.2 Billion by 2030 with a CAGR of a 13.5%. The Touchless Gesture Recognition Technology segment is also set to grow at 24.2% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $3.3 Billion in 2023, and China, forecasted to grow at an impressive 21.5% CAGR to reach $11.0 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Gesture Recognition Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Gesture Recognition Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Gesture Recognition Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as Apple, Inc., Cognitec Systems GmbH, ArcSoft, Inc., and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 76 Featured):

• Apple, Inc.
• Cognitec Systems GmbH
• ArcSoft, Inc.
• Baanto International Ltd.
• ESPROS Photonics AG
• 3DiVi Company
• Elliptic Laboratories AS
• Aptiv PLC
• Crunchfish AB
• Clay AIR Inc.
• Banuba Limited
• a00s Software Inteligentes Ltda.
• Coolso
• Cipia (formerly Eyesight Technologies)
• EvoAId