Gesture Recognition Market 2020 Along With Covid-19 Impact Analysis, Advancement And Outlook 2030

Gesture recognition refers to a topic in language and computer science technology with the aim to make sense of human gestures through mathematical algorithms. Any bodily state or motion, mostly from hand or face, could be the gestures that are interpreted through mathematical algorithms. The global gesture recognition market is predicted to rise with the growing popularity and adoption of this technology amongst various end user segments.

This cutting-edge technology is an alternative user interface for offering real-time data to a computer system. In this technology, instead of keying in data or just tapping on a touch screen, the motion sensor is capable of reading and interpreting hand or face gesture or state. This bodily gesture or state acts as the main source of data in such a technology.

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The global gesture recognition market is predicted to be influenced by the augmented digitization across many industries. Furthermore, hassle-free adoption of the technology across the diverse spectrum of end users owing to its low technical complications is boosting market growth. Consumer electronic industry lies is one of the major end users of the global gesture recognition market with other end users rapidly catching up.

In addition to technological advancement, touch-less gesture recognition solutions are driven by low cost of maintenance and increased awareness about hygiene is likely to propel the global gesture recognition market toward growth. Touch-less sensing is a path-breaking technology in human-machine interface (HMI).

In addition, phenomenal growth in the use of consumer electronics is likely to work in favor of the market over the tenure of assessment. Furthermore, spiraling demand for application-based technologies is likely to come up as another growth-promoting factor for the global gesture recognition market in near future.

Rising popularity of consumer electronic devices with gesture recognition capabilities and newfound and rising applications in the fields of industrial automation, smart homes, and automobiles are expected grant momentous growth to the global gesture recognition market in the future.

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The momentous scale of sales achieved by mobile devices such as smartphones and tablets in the previous decade have made this segment a major contender in the consumer electronics industry, and an important determinant of development of innovative technologies such as gesture recognition. In the near future, the rising demand for mobile devices enabled with innovative gesture recognition features will have a major impact on the overall development of the global gesture recognition market.

Increased integration of gesture recognition features in consumer electronics products such as cameras, smart TVs, and multimedia consoles used in automobiles will make consumer electronics one of the most attractive application areas, exhibiting over 14.6% CAGR from 2016 through 2024. The sector is also presently the leading application segment, accounting for a 35.5% share in the global market in 2015.

North America features the presence of some of the largest and dominant technology and optoelectronic companies of the world. The regional market has witnessed a huge influx of investments aimed at the development of 3D and touchless gesture recognition technologies in the past few years. The region also contributed to the largest revenue share, nearly 35%, to the global gesture recognition market in 2015.

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