Study shows ways to turn investments into maximum outcomes in the Gesture recognition market

Gesture recognition refers to the technology in which the actions of a machine is controlled through the change in movement of some certain body part of the operator. The gesture recognition market has a wide scope in industries, such as electronics, communication, and healthcare. The market has also exhibited increased penetration in various portable electronic devices over the last 4-5 years.

The demand for gesture recognition has increased in past decade with the increase in requirement of automation in portable electronic devices and electronic systems used in automotive vehicles. The gesture recognition has also provided automation in industrial process through the usage of 3D machine vision and improvised the interaction between human and machine. Global Gesture recognition market is expected to grow at a CAGR of 29.2% from 2017 to 2025.

Based on type, it is bifurcated into touch-based gesture recognition system and touch less gesture recognition systems. Categorization based on industry verticals includes, electronics, industrial, automotive, healthcare, and others. Further, based on geography, the global gesture recognition market is segmented into, North America, Europe, Asia-Pacific, and LAMEA.

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Market Dynamics:

Drivers:

• Increase in user-friendly features in portable electronic devices
• Low cost of gesture recognition software
• Rise in adoption by industrial sector

Restraints:

• Lack in precision
• Increased power consumption

Market Players:

Top market players profiled in the report are Apple Inc., Intel Corporation, Google Inc., Infineon Technologies AG, OMRON Corporation, Elliptic Laboratories AS, Qualcomm Technologies, Inc., GestureTek, Inc., Cognitec Systems GmbH, and SoftKinetic SA.

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MARKET LANDSCAPE

By Type

• Touch-Based Gesture Recognition

o Gyroscope
o Accelerometer
• Touch less Gesture Recognition
o Ultrasonic
o Capacitive
o Infrared
o 2D Camera-Based
o 3D Machine Vision

By Industry Vertical

• Electronics
• Industrial
• Automotive
• Healthcare
• Others (Advertisement and Aerospace & Defense)

By Geography

• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Spain
o Italy
o Rest of Europe
• Asia-Pacific
o Australia
o China
o Japan
o India
o Singapore
o Rest of Asia-Pacific
• LAMEA
o Brazil
o Saudi Arabia
o Rest of LAMEA

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About Us

It is crucial for market players to take leaps strategically and update themselves with recent trends, opportunities, and emerging investment pockets. We, at “Research Beam”, adhere to these factors and offer a wide range of reports that are detailed and enable our clients to achieve their goals with long term planning coupled with competitive advantage.

Our database includes a broad array of various market reports from numerous publishers across the globe. These reports of several market categories and sub-categories help our clients to find the exact report they are looking for. We are instrumental to provide quantitative and qualitative insights in their area of interest and bring reports from various publishers under one umbrella to save their time and money. Our clients across the world are gaining profits from the information given in the reports sourced by us.

This release was published on openPR.