The ‘Gesture Recognition Market’ report formulated recently by Brand Essence Market Research evaluates the industry in terms of market size, market share, revenue estimation, and geographical outlook. The study also delivers a precise summary that illustrates the competitive milieu, growth opportunities and application landscape of the Gesture Recognition market depending on the industry’s financial and non-financial impact.
Gesture Recognition Market is valued at 6571.18 USD Million in 2018 and expected to reach USD 25551.99 Million by 2025 with the CAGR of 21.41% over the forecast period.
Gesture recognition technology is a new successful technology which is used to unlock any device and various other applications to save time. Gesture recognition technology is widely used in different consumer gadgets, appliances and electronic devices. The rapid development of mobile devices in last decade has been greatly driven by interaction and visualization technologies.
Key Players for Global Gesture Recognition Market Reports–
Major Players in gesture recognition market are Gesturetek Inc., Microsoft Corporation, Elliptic Laboratories A/S, Sony Corporation, Microchip Technology Incorporated, Leap Motion Incorporation, Thalmic Labs Inc, Fibar Group S.A., Intel Corporation, Pyreos Limited, Eyesight Technologies Ltd, and Jabil Inc, and others.
North America is Expected to Dominate the Gesture Recognition market
North America has been the major revenue generator for the gesture recognition market. The growth is mainly attributed due to the presence of key players such as Microsoft, Google etc. Google’s google eye is one of the instruments which use gesture recognition technology. Microsoft’s Microsoft Hololens is also use gesture recognition technology. Europe has second highest share in gesture recognition market due to high standard of living and awareness for new technologies. In future Asia-Pacific region is expected to have high growth rate in gesture recognition market due to rapid economic development, use of consumer electronics and industrial need for automation.
Key Benefits for Global Gesture Recognition Market Reports –
Gesture Recognition Market Segmentation –
Touch-based (Multi-Touch System, Motion Gesture), Touchless (Capacitive/Electric Field, Infrared Array, Ultrasonic Technology, 2D Camera-Based Technology, 3D Vision Technologies)
By End User
Automotive, Healthcare, Consumer Electronics, Gaming, Aerospace, Defense
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