Gesture Recognition Market Key Highlights and Future Opportunities
Deep learning forms base for gesture recognition. In the year of 2017, deep-learning Touchless market in the North America was projected to be USD 80 million and is anticipated to reach over USD 130 million in the year 2019.

The growth of artificial intelligence (AI) has given upsurge to the gesture-recognition-based devices. Douwe Egberts come up with innovative machine, that was placed at Tambo International Airport, which can notice travellers who looked sleepy or yawned and dispense free cups of the coffee to them. The company was also able to take the benefit of the technology to market and advertise its brand innovatively. North American market for the gesture recognition is led by U.S., owed to presence of major technology firms and start-ups in the country. Furthermore, the research investment in the U.S. is very high. The country manufacture most advanced degrees in engineering, science and high-impact scientific publications. It is largest provider of the information services, globally.

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Although many of the markets are affected negatively, few markets such as online conference, food delivery apps and others have experienced significant increase in the order intake in the last few months. The markets are expected to show positive growth from mid-2021. The market report will include the detailed analysis of the COVID on the Gesture Recognition market and various other factors such as economic impact, demand and supply etc.

Gesture Recognition Market Segment Overview

Global

Gesture Recognition market

is segmented by Technology, End user and geography. Based on Technology, global Gesture Recognition market is segmented into Touch based and Touchless. Growing commercialization and industrialization have created demand for the professional and skilled labour in turn propelling the demand for the market. Globally, adoption of Gesture Recognition is presenting tremendous growth in the upcoming years. Similarly based on End user the market is being segmented into Automotive, Gesture Recognition, Aerospace and Defence, healthcare, consumer electronics and others. Increasing demand and increasing end use are expected to propel the market growth for global Gesture Recognition market in the coming years.

The report will include the in-depth analysis of each segment and geography to provide proper structure of the market and future growth opportunities to the market players, stakeholders, start-ups and others so that they can reform their strategies accordingly.

 

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Gesture Recognition Market Competitor overview

Gesture recognition market is extremely competitive and also consists of numerous major players. In terms of the market share, few of major players presently dominate market. The major players with prominent share in market are concentrating on expanding their purchaser bases across the foreign countries. The companies are leveraging on planned collaborative initiatives for the intensification of their market shares and the profitability.

The companies functioning in the market are also obtaining start-ups working on the autonomous delivery robot technologies in order to strengthen their product proficiencies. For instance, In July 2018, Intel shared series of collaborations with the Baidu on artificial intelligence (AI), in Beijing, including powering Baidu’s Xeye, new AI retail camera with the Intel Movidius (VPUs).

Key Players

  1. 1 Intel Corporation
  2. Jabil Inc.
  3. Leap Motion Inc.
  4. Microchip Technology Inc.
  5. Sony Corporation
  6. Elliptic Laboratories AS
  7. Thalmic Labs Inc.
  8. Sony Corporation
  9. Pyreos Limited
  10. GestureTek Inc.
  11. Fibaro Group SA
  12. Eyesight Technologies Ltd
Gesture Recognition Market Segmentation

By Technology

  • Touch based
  • Touchless
By End user
  • Automotive
  • Healthcare
  • Aerospace and defence
  • Consumer Electronics
  • Gaming
  • Others
By End User
  • Automotive
  • Agriculture
  • Healthcare
  • Entertainment
  • Others
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