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Gesture Recognition Market Size, Share & Industry Analysis, By System Type (Touchless and Touched), By Application (Human-computer Interaction, Gaming, Virtual Reality, Robotics, Healthcare, Automotive, and Others), and Regional Forecast, 2024-2032

Last Updated: November 04, 2024 | Format: PDF | Report ID: FBI100235

 

KEY MARKET INSIGHTS

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The global gesture recognition market size was valued at USD 19.37 billion in 2023 and is projected to grow from USD 24.78 billion in 2024 to USD 169.26 billion by 2032, exhibiting a CAGR of 27.1% during the forecast period (2024-2032). Gesture recognition refers to the technology and process of analyzing and interpreting human gestures and movements in real-time, captured by cameras or sensors. It enables natural and intuitive interaction between humans and machines, enabling users to control devices or gestures instead of traditional input methods. It has diverse applications in various industries, including human-computer interaction, virtual reality, robotics, gaming. By implementing this technology, businesses can enhance the user experience, provide more immersive interactions, and enable intuitive control mechanisms.


The market has witnessed significant growth and is expected to continue expanding throughout the forecast period, owing to gaining prominence across various industries, including consumer electronics, gaming, gaming healthcare, automotive, and retail. The market is driven by the increasing demand for intuitive and immersive human-machine interfaces, advancements in sensor technologies, and the rising adoption of this technology in smartphones and wearable devices. Furthermore, with the ongoing research & development and continuous evolution of machine learning algorithms, the market is expected to witness substantial growth, offering new opportunities for businesses to innovate and cater to the growing demand for seamless and natural user interfaces. For instance,



  • The National Institutes of Health (NIH) in the U.S. has allocated funds for research and development, exploring the application of gesture recognition technology to enhance the diagnosis and treatment of neurological disorders.


The COVID-19 pandemic had a significant impact on the market. There was an increased need for contactless interfaces and touchless technologies to mitigate the risk of virus transmission. This factor drove demand for these systems in various sectors, including healthcare, retail, hospitality, and public spaces. Further, this technology offered a hygienic and intuitive alternative to traditional touch-based interfaces, making it a preferred choice during the pandemic.


However, the market faced a few challenges due to disruptions in supply chains and manufacturing processes. Restrictions in manufacturing facilities, transportation delays, and shortages of components impacted the production and distribution of devices and systems. These challenges resulted in delays in product launches and difficulties in meeting the demand.


Gesture Recognition Market Trends


Increasing Use of Smart Devices among Consumers to Boost the Market Growth


The increasing use of smart devices, including smartphones, tablets, smart TVs, and wearables, is a significant driver for the growth of the market. These devices have become integral to consumers’ lives, presenting a significant market opportunity for intuitive and interactive device control and navigation methods. For instance,



  • According to Think with Google, a marketing podcast by Google, 61% of individuals own a smart device.



  • Moreover, according to EarthWeb, a U.S.-based consulting firm, approximately 57% of smart device users state that these devices contribute to time-saving. Additionally, around 45% of users also believe that smart devices help them save money.


The technology offers a touchless and hands-free approach, enabling users to perform various actions through hand movements, gestures, and motion-based commands. This technology enhances the overall user experience and provides a competitive edge to device manufacturers by offering a more natural and seamless interaction paradigm. By replacing traditional input methods, such as physical buttons or touchscreens, the technology addresses the growing consumer demand for convenience, ease-of-use, and interactivity.


Furthermore, with the advancements in hardware capabilities, software algorithms, and increased developer support, the market is poised for further growth owing to the demand for intuitive and touchless interaction methods in smartphones, tablets, wearables, and smart TV ecosystems.


Thus, the increasing use of smart devices among users will expand the market share throughout the forecast period.


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Gesture Recognition Market Growth Factors


Surging IoT Implementation and Demand for Efficient Human Machine Interface to Fuel the Market Growth


IoT’s expansion fosters the integration of smart devices and sensors, necessitating intuitive and efficient HMIs. With its ability to enable natural and seamless interactions between machines and humans, Gesture recognition is emerging as a critical component in this context. As IoT applications become more prevalent, the demand for advanced gesture recognition technologies is expected to soar, particularly in sectors, such as automotive, healthcare, consumer electronics, and industrial automation.


As industries strive to enhance user experiences and streamline operations, there is a growing emphasis on intuitive interfaces that accurately interpret and respond to human gestures. This demand is fueled by the need for more natural and convenient interactions with devices, especially in scenarios where traditional input methods such as keyboards and touchscreens are impractical. Furthermore, as AR and VR technologies become more advanced and widespread, seamless user interactions are paramount, as gesture recognition is crucial in enabling users to interact with virtual environments. For instance,



  • In February 2024, Apple Inc. launched its Vision Pro VR headset in U.S. stores, featuring advanced gesture recognition features, marking its first major release in nine years. The headset was priced at USD 3,500 and offered innovative virtual environments and interactions.


RESTRAINING FACTORS


High Installation Costs and Lack of Standardization to Impede the Market


Gesture recognition systems often rely on predefined gesture sets, limiting the range of recognizable and utilized gestures. The lack of standardized gestures across different devices and platforms can lead to inconsistency and fragmentation, making it challenging for users to adapt to different systems. The development and implementation costs associated with the technology are high, including hardware components such as sensors and cameras. These costs can pose a barrier to entry, particularly for smaller businesses and organizations. Further, it involves capturing and analyzing user movements and gestures, raising privacy and security concerns.


Gesture Recognition Market Segmentation Analysis


By System Type Analysis


Rising Awareness of Touchless Systems to Lead to the Highest CAGR of the Segment


By system type, the market is bifurcated into touchless and touched. The touchless segment is expected to grow at the highest CAGR throughout the projected period owing to its several advantages, such as reduced wear and tear on devices, enhanced cleanliness and safety, and improved customer satisfaction through simplified processes.


The touched segment dominated the market due to its early adoption in various fields.


By Application Analysis


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Human-computer Interaction Segment to Lead due to Growing Need for Improved User Experience and Satisfaction


As per our study, the market has specific applications, including human-computer interaction, gaming, virtual reality, robotics, healthcare, automotive, and others.


The human-computer interaction segment holds the highest share of the global market. It is also expected to grow at the highest CAGR throughout the forecast period as it offers several advantages that enhance user experience and interaction with technology, enhancing the usability, accessibility, and overall user satisfaction of computer systems and applications.


The gaming segment holds the second-largest share in the global market owing to increasing enthusiasm among youths for playing games incorporating gesture recognition. Additionally, the technology enhances gameplay, immersion, and interactivity, providing a fresh and engaging way to play games, thus boosting the gaming industry's growth.


REGIONAL INSIGHTS


As per our report, the market is studied across five regions, North America, South America, Europe, the Middle East & Africa, and Asia Pacific. These regions are further categorized into leading countries.


North America Gesture Recognition Market Size, 2023 (USD Billion)

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North America dominates the gesture recognition market share due to increasing demand for intuitive human-machine interfaces, advancement in sensor technology, and the growing adoption of smart devices. For instance,



  • As per a report by MediaPort, smart devices are present in approximately 69% of households in the U.S. Among those households, approximately 12% (equivalent to around 22 million homes) possess multiple smart devices.


Further, the North America market is highly competitive, with several prominent companies operating. These companies include Microsoft Corporation, Apple Inc., Intel Corporation, and EyeSight Technologies.


The Europe market is expected to grow due to factors such as the proliferation of smart devices and technological advancements. Additionally, this region's automotive and healthcare industries are expected to experience increased adoption of the technology, boosting the overall market growth. Moreover, companies in the region are introducing new products in the market. For instance,



  • In March 2023, Doublepoint, a European company, introduced the Doublepoint Evaluation Kit at the Augmented World Expo 2023. This kit, designed for next-gen Android-based Consumer Electronics and Augmented Reality (AR) devices, focuses on gesture recognition. By leveraging the power of the Snapdragon W5+Gen 1 Wearable Platform, the kit provides Original Design Manufacturers (ODMs) and Original Equipment Manufacturers (OEMs) with advanced gesture recognition algorithms and data evaluation capabilities.


Asia Pacific is expected to hold the highest CAGR in the study period. Factors, such as increased adoption of smartphones, rise in consumer electronics sales, and growing demand for advanced human-machine interface technologies, will contribute to the market growth. Furthermore, increasing startups in Asia Pacific are expected to provide traction for the market.


South America and the Middle East & Africa are expected to rise steadily during the anticipated period owing to the increasing footprints of major companies. Additionally, an increase in the acceptance of touchless systems in the region is expected to boost the market.


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List of Key Companies in Gesture Recognition Market


Key Players Launch New Products to Strengthen Market Positioning


Prominent market players actively create advanced solutions to cater to customer demands. They also focus on enhancing their existing product portfolio to deliver flexible solutions with unique attributes. Furthermore, these organizations proactively pursue collaboration, acquisitions, and partnerships to bolster their product offerings.


List of Key Companies Profiled:



KEY INDUSTRY DEVELOPMENTS:



  • December 2023: NXP Semiconductors expanded its ultra-wideband portfolio with the launch of Trimension NCJ29D6, a fully integrated automotive UWB family. The offering combined real-time localization with short-range radar for features, such as child presence detection, secure car access, gesture recognition, and intrusion alerts.

  • September 2023: Meta and EssilorLuxottica launched the new Ray-Ban Meta smart glasses, featuring improved cameras and audio, over 150 custom lens and frame options, and a more comfortable design. The glasses enabled users to live stream on social media applications and interact with AI using voice commands and hand gestures.

  • May 2023: SAP partnered with Accenture to leverage immersive technologies, including augmented reality and AI, for business transformation. These technologies, including gesture recognition, were part of a broader spectrum expected to create a USD 1 trillion revenue opportunity by 2025.

  • May 2023: Infineon Technologies acquired Imagibob to enhance its TinyML edge AI capabilities. This acquisition enabled Infineon to expand its offerings for embedded designs, including voice control, gesture recognition, predictive maintenance, and signal classification.

  • April 2023: IMOU launched IMOU SENSE, a self-developed AI algorithm matrix for smart IoT solutions, offering improved smart detection and accuracy. The matrix included intelligent algorithms for video AI, perception algorithms for sensor calibration, and navigation algorithms for cleaning robots and home services, including gesture recognition, enhancing user experience.

  • April 2023: Elmos unveiled sensor IC solutions at Sensor+Tesy, showcasing innovative concepts for smart switches for advanced gesture control. This technology enables seamless human-machine interaction through intuitive gestures, enhancing automotive and industrial applications.

  • January 2023: PreAct Technologies, a provider of flash LIDAR technology, acquired Gestos, a Barcelona-based software company. This acquisition enables PreAct to integrate Gestoos’ advanced computer vision and gesture recognition technology into its comprehensive activity monitoring, device control, and spatial awareness system.


REPORT COVERAGE


The report provides a detailed analysis of the market and focuses on key aspects such as leading companies, product/service types, and leading applications of the product. Besides, the report offers insights into the market trends and highlights key industry developments. In addition to the factors above, the report encompasses several factors that contributed to the growth of the market in recent years.


An Infographic Representation of Gesture Recognition Market

To get information on various segments, share your queries with us



Report Scope & Segmentation










































ATTRIBUTE



DETAILS



Study Period



2019-2032



Base Year



2023



Estimated Year



2024



Forecast Period



2024-2032



Historical Period



2019-2022



Growth Rate



CAGR of 27.1% from 2024 to 2032



Unit



Value (USD Billion)



 


 


 


 


 


 


 


 


 


 


 


 


 


 Segmentation



By System Type



  • Touchless

  • Touched


By Application



  • Human-computer Interaction

  • Gaming

  • Virtual Reality

  • Robotics

  • Healthcare

  • Automotive

  • Others


By Region



  • North America (By System Type, By Application, and By Country)


    • U.S. (By Application)

    • Canada (By Application)

    • Mexico (By Application)


  • South America (By System Type, By Application, and By Country)


    • Brazil (By Application)

    • Argentina (By Application)

    • Rest of South America


  • Europe (By System Type, By Application, and By Country)


    • U.K. (By Application)

    • Germany (By Application)

    • France (By Application)

    • Italy (By Application)

    • Spain (By Application)

    • Russia (By Application)

    • Benelux (By Application)

    • Nordics (By Application)

    • Rest of Europe


  • Middle East & Africa (By System Type, By Application, and By Country)


    • Turkey (By Application)

    • Israel (By Application)

    • GCC (By Application)

    • North Africa (By Application)

    • South Africa (By Application)

    • Rest of Middle East & Africa


  • Asia Pacific (By System Type, By Application, and By Country)


    • China (By Application)

    • Japan (By Application)

    • India (By Application)

    • South Korea (By Application)

    • ASEAN (By Application)

    • Oceania (By Application)

    • Rest of Asia Pacific







Frequently Asked Questions

The market is projected to reach USD 169.26 billion by 2032.

In 2023, the market was valued at USD 19.37 billion.

The market is projected to grow at a CAGR of 27.1% during the forecast period.

The touched segment is expected to lead the market.

The surging IoT implementation and demand for efficient Human Machine Interfaces fuel the market growth.

Intel Corporation, Jabil Inc., Microchip Technology Inc., Sony Corporation, Elliptic Laboratories ASA, GestureTek, Microsoft Corporation, Google LLC, Apple Inc., Cipia Vision Ltd., and Ultraleap are the top players.

North America is expected to hold the highest market share.

By application, human-computer interaction is expected to grow with a remarkable CAGR during the forecast period.

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