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Gesture Recognition & Touchless Sensing Market - Predicted Double-Digit Growth Rate by 2024

Zion Market Research, the market research group announced the analysis report titled "Gesture Recognition & Touchless Sensing Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024"


Sarasota, FL -- (SBWIRE) -- 07/18/2017 -- Global Gesture Recognition & Touchless Sensing Market: Overview

Gesture recognition & touchless sensing is the use of various mathematical algorithms by means of computing devices in order to translate the human gestures or movements. These systems help humans interact with the machines without making use of any mechanical devices. The recognition & touchless sensing technology uses the human gestures such as movement of the head, fingers, arms, hands, and an entire body. The gesture recognition & touchless sensing methods utilization has increased in a number of end-use industries.

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Global Gesture Recognition & Touchless Sensing Market: Growth Factors

The increasing demand for the virtual and simulation products is expected to boost the global gesture recognition & touchless sensing market. The rising application in a number of areas such as healthcare, gaming, consumer electronics, automotive and automation is expected to augment the global market growth. The other factors such as increasing awareness for tight security, use of high tech equipment, and assembling of several technologies helps propel the global gesture recognition & touchless sensing market.

Global Gesture Recognition & Touchless Sensing Market: Segmentation

The global gesture recognition & touchless sensing market can be bifurcated into gesture recognition and touchless sensing. The gesture recognition segment is divided into technology and vertical. The technology subsegment is further categorized into touchless gesture recognition and touch-based gesture recognition. The vertical subsegment is classified as healthcare, consumer electronics, automotive, advertisement and communications, and defense. The touchless sensing market is grouped into product, vertical, and technology. The product subsegment is divided into sanitary equipment and touchless biometric. The vertical subsegment is further categorized into automotive, fiancé and banking, government, consumer electronics, healthcare, and others. The technology subsegment is bifurcated into sensors, voice recognition, camera-based, RFID, and others.

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Global Gesture Recognition & Touchless Sensing Market: Regional Analysis

The American market is expected to dominate the global gesture recognition & touchless sensing market. The American market is expected to boom after the terrorist attack on the 9/11. In addition to this, the increase in the number of initiatives and regulatory activities taken up by the government has escalated the use of biometric systems all around the region. The Asia-Pacific region ranks first in the gesture recognition sector and third in the touchless sensing sector. The Asia-Pacific region proves to be fruitful for the market growth due to the increasing awareness among the masses, high technological advancements, and low costs. The rise in the security awareness and biometric systems use in the various regions across the globe boost the global market.

Global Gesture Recognition & Touchless Sensing Market: Competitive Players

The major players in the global gesture recognition & touchless sensing market include Cognitec Systems, Intel Corporation, GestureTek, Microsoft Corp., eyesight, CogniVue, Qualcomm Inc., PointGrab, PrimeSense, SoftKinetic, Microchip Technology Inc., and Cross Match Technologies Inc. The other key players include Texas Instruments, Apple Inc., Iris guard, Omron Corporation, and Infineon Technologies.

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