Gesture Recognition Market Report Focusing on Current Trends and Leading Fortune Companies by 2025

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The Gesture Recognition market research encompasses an exhaustive analysis of the market outlook, framework, and socio-economic impacts. The report covers the accurate investigation of the market size, share, product footprint, revenue, and progress rate. Driven by primary and secondary researches, the Gesture Recognition market study offers reliable and authentic projections regarding the technical jargon.

All the players running in the global Gesture Recognition market are elaborated thoroughly in the Gesture Recognition market report on the basis of proprietary technologies, distribution channels, industrial penetration, manufacturing processes, and revenue. In addition, the report examines R&D developments, legal policies, and strategies defining the competitiveness of the Gesture Recognition market players.

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major players in the gesture recognition market.

Development of 3D Vision and gesture tracking technology along with growing prominence of 2D gesture recognition technology in the consumer electronics is expected to have a huge impact on this market in the short, medium, and long term. Furthermore, rising number of strategic partnerships between various automobile and gesture recognition technology companies is having a positive impact on the growth of the gesture recognition market. Increasing adoption of gesture recognition solutions in the automotive industry is one of the prime reasons behind the growth of global gesture recognition market. In addition, 1growing gesture-based interaction in factory automation and increasing application of gesture recognition solutions in the industrial sector is fueling the demand for gesture control technology at the global level.

Geographically, the global gesture recognition market is categorized into North America, Europe, Asia Pacific and Rest of the World (RoW). The scope of the report offers an insight into gesture recognition market in these regions based on revenue (USD million). In addition, current and future trends in the gesture recognition market are covered in the report. North America led the market for gesture recognition in 2014, followed by Europe. Rising demand for gesture control solutions in consumer electronics such as smartphones, tablets, and other devices is major reason propelling the growth of this market. The U.S. is leading the gesture recognition market in North America. Growing popularity of gesture control solutions in automotive and gaming consoles is boosting demand for gesture recognition technology at the global level. Germany and U.K dominated the market for gesture recognition in 2014. Increasing application of gesture recognition technology in touch less sanitary equipment and biometric systems are factors influencing the growth of this market in Asia Pacific. In Asia Pacific, major contributors to the gesture recognition market are China, Japan, India, and South Korea among others. Moreover, emergence of 3D camera based technology along with ultrasonic technology is stimulating the demand for gesture control solutions across Rest of the World.

Based on application, the market is segmented into Automotive, hospitality, consumer electronics, gaming, aerospace and defense, commercial centers, educational hubs, medical centers among others. Application of gesture recognition technology in consumer electronics such as smartphones, smart TVs, tablets, laptops is one of the major driving factors behind the growth of gesture recognition market globally in 2014, followed by automotive and gaming segments. Reliability along with user-friendliness is some of the major factors fueling the application of gesture recognition technology in consumer electronics.

Furthermore, by technology the market is segmented into touch-based gesture recognition and touch less gesture recognition. Moreover, gyroscope, accelerometer, combo sensor comes under touch-based gesture recognition and ultrasonic, infrared 2D array comes under touch less gesture recognition. The touch based gesture recognition segment held the largest share of the gesture recognition market in 2014, followed by touch less gesture recognition.

Product innovation and development is one of the key strategies adopted by most leading market players. New product innovation is required to deal with the existing competition in the market. For instance, in March 2015, Cognitec Systems GmbH introduced a specialized camera with in-built features such as facial detection and tracking technology. The product offers optimal image quality for real-time face recognition, while requiring low bandwidth resources and relatively little computing hardware. Companies are involved in research and development activities to create new innovative products. In addition, mergers and acquisitions are among the major strategies that are widely used by leading market players in the gesture recognition industry globally. Some major players in the gesture recognition market in North America, Europe, Asia Pacific, and RoW include GestureTek, Inc. (U.S.), Intel Corporation (U.S.), Apple Inc. (U.S.), Microsoft Corporation (U.S.), Google Inc. (U.S.), Cognitec Systems GmbH (Germany), OMRON Corporation (Japan), Infineon Technologies AG (Germany), SoftKinetic SA (Belgium) and Elliptic Laboratories AS (Norway).

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Objectives of the Gesture Recognition Market Study:

  • To define, describe, and analyze the global Gesture Recognition market based on oil type, product type, ship type, and region
  • To forecast and analyze the Gesture Recognition market size (in terms of value and volume) and submarkets in 5 regions, namely, APAC, Europe, North America, Central & South America, and the Middle East & Africa
  • To forecast and analyze the Gesture Recognition market at country-level for each region
  • To strategically analyze each submarket with respect to individual growth trends and their contribution to the global Gesture Recognition market
  • To analyze opportunities in the market for stakeholders by identifying high growth segments of the global Gesture Recognition market
  • To identify trends and factors driving or inhibiting the growth of the market and submarkets
  • To analyze competitive developments, such as expansions and new product launches, in the global Gesture Recognition market
  • To strategically profile key market players and comprehensively analyze their growth strategies

The Gesture Recognition market research focuses on the market structure and various factors (positive and negative) affecting the growth of the market. The study encloses a precise evaluation of the Gesture Recognition market, including growth rate, current scenario, and volume inflation prospects, on the basis of DROT and Porter’s Five Forces analyses. In addition, the Gesture Recognition market study provides reliable and authentic projections regarding the technical jargon.

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After reading the Gesture Recognition market report, readers can:

  • Identify the factors affecting the Gesture Recognition market growth – drivers, restraints, opportunities and trends.
  • Examine the Y-o-Y growth of the global Gesture Recognition market.
  • Analyze trends impacting the demand prospect for the Gesture Recognition in various regions.
  • Recognize different tactics leveraged by players of the global Gesture Recognition market.
  • Identify the Gesture Recognition market impact on various industries. 

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