The global Gesture Recognition Market size is expected to value at USD 33.05 billion by 2025. Gesture recognition is a technique that involves the conversion of a bodily movement and gesture into machine language with the help of a computational algorithm. This allows users to interact with the robot or machine in absence of another human being. The human gesture is treated as an input to the machine and an appropriate response is received.
The gesture recognition technology is capable of understanding human gestures including hand movements, fingers movements, and head movements. Further, the system provides full operational capability to users by reading their gestures and movements. For example, with the help of a gesture recognition system, a cursor can be moved from point A to Pont B by just pointing a finger. Increasing adoption of gesture recognition systems and further research & development in the field can make touchscreens, console boards, and mouse redundant.
Hand gesture recognition is one of the fastest-growing segments in the gesture recognition industry with the highest revenue generation in the last couple of years. The key factors such as advanced research in the fields and high-end human and machine interaction are anticipated to boost the growth of the market in the coming years. Hand gesture recognition is considered the most intelligent way to carry out human and computer interaction (HCI). Application of the hand gesture recognition system includes medical therapies and consumer electronics.
Various methodologies are implemented to perform hand gesture recognition with high precision. Different sensing methods are increasingly adopted for obtaining multiple signals at the same time to perform highly accurate pattern recognition. Increasing adoption of AI in hand gesture recognition systems makes it more precise in its operations. Hand gesture recognition systems are more cost-effective in comparison with conventional interface systems like console boards and the mouse.
The gesture recognition industry is subject to witness substantial growth due to the rise in personal disposable income, numerous technological advancements, and the growing popularity of artificial intelligence (AI). Additionally, increasing focus on the implementation of digitalization in various industry segments including transportation, consumer electronics, and the healthcare sector, is predicted to fuel overall market growth. The growing adoption of gesture recognition systems in electronics devices, and Internet of Things (IoT) systems due to ease of accessibility and convenience during operations, are attributed to the market expansion. Globally, the gesture recognition market is predicted to grow at a CAGR of 21.3% in the forecast period, providing numerous opportunities for market players to invest in research and development in the market.
Growing competition in the market is leading to a large number of mergers and acquisitions, thus attributing to the growth of the market in recent years. Gesture recognition is highly influenced by recent advancements in computer science and language technology. Further, recent advancements in computational algorithms help to simplify the process of interaction between humans and machines, thus fueling the growth of the industry over the forecast period.
Various approaches including cameras and computer vision have been implemented for more accurate interpretation and conversion of sign language into machine language. Furthermore, the understanding and recognition of body posture, movement, and human behaviors have become part of gesture recognition techniques as well. Gesture recognition helps computers to understand human behavior through gesture or movement of a body part, thus allowing human and machine interaction more precisely and efficiently. Such factors are further anticipated to amplify the growth of the gesture recognition industry in the coming years.
The gesture recognition market is divided into regional market segments such as North America, Europe, Asia-Pacific, Latin America, and Africa. North America has shown major growth in recent years owing to the rise in the adoption of the latest technologies and the existence of prominent industry players in the region. Asia-Pacific region is predicted to hold a major market share in the gesture recognition industry displaying massive growth in the forecast period.
Countries such as India, China, and Singapore are leading the Asia-Pacific market with increasing personal expenditure, rapid industrialization, and rising investment by industry leaders considering potential opportunities in the region. The key players in the gesture recognition market are Apple Incorporations, eyeSight Technologies Limited, and Infineon Technologies AG.
Market Segment:
Technology Outlook (Revenue, USD Million; 2014 - 2025)
• Touch-based
• Multi-Touch System
• Motion Gesture
• Touchless
• Capacitive/Electric Field
• Infrared Array
• Ultrasonic Technology
• 2D Camera-Based Technology
• 3D Vision Technologies
Industry Outlook (Revenue, USD Million; 2014 - 2025)
• Automotive
• Lighting System
• HUD
• Biometric Access
• Others
• Consumer Electronics
• Smartphone
• Laptops & Tablets
• Gaming Console
• Smart TV
• Set-Top Box
• Head-Mount Display (HMD)
• Others
• Healthcare
• Sign Language
• Lab & Operating Rooms
• Diagnosis
• Others
• Advertisement & Communication
• Hospitality
• Educational Hubs
Regional Outlook (Revenue, USD Million; 2014 - 2025)
• North America
• the U.S.
• Canada
• Mexico
• Europe
• Germany
• the UK
• France
• the Asia Pacific
• China
• India
• Japan
• South America
• Brazil
• the Middle East and Africa (MEA)
Research Support Specialist, USA