Gesture Recognition Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

Description

The Global Gesture Recognition Market size will register a 20% CAGR from 2024 to 2032, owing to the growing consumer preference for intuitive controls and the rising adoption of smart devices. Users are increasingly favoring gesture-based controls for their convenience and efficiency, seeking more natural, touchless interactions with their devices.

As the prevalence of smart devices-such as smartphones, smartwatches, and home automation systems-grows, so does the demand for advanced gesture recognition technology. This trend towards intuitive, hands-free interfaces not only enhances the user experience but also propels market growth and spurs innovation in gesture recognition solutions.

In 2023, Google unveiled its Pixel Watch 2, powered by a Qualcomm 5100 SoC. The smartwatch underscored the rising sophistication and availability of smartwatches. As these devices evolve, the appetite for precise and responsive gesture controls is poised to surge, further energizing Global gesture recognition industry. The integration of gesture-enabled features in devices like the Pixel Watch 2 underscores the pivotal role of gesture recognition technology in enriching user interactions.

The gesture recognition market is segmented by component, technology, type, authentication method, end use, and region.

By 2032, the touch-based gesture recognition segment is poised for significant growth, driven by its prevalent use in consumer electronics and interactive applications. Touch-based systems, known for their intuitive and precise user interactions, are ideal for devices like smartphones, tablets, and touchscreen kiosks. Their seamless integration and consistent performance solidify their market dominance, continually enhancing user experiences across diverse applications and industries.

Driven by a rising appetite for innovative and user-centric devices, the consumer electronics segment is set for significant growth through 2032. Gesture recognition technology is becoming a staple in devices such as smartphones, tablets, and smart TVs, enhancing user interactions and enabling fluid control. As smart devices proliferate and the demand for intuitive interfaces intensifies, gesture recognition's foothold in consumer electronics solidifies, making it a dominant market segment.

Europe gesture recognition industry is set for substantial growth by 2032, bolstered by the region's commitment to technological innovation and cutting-edge consumer electronics. Europe's robust R and D infrastructure, combined with high adoption rates of smart and interactive technologies, fuels a strong demand for gesture recognition systems. Furthermore, Europe's focus on elevating user experiences-especially in sectors like gaming and automotive-cements its role as a pivotal player in the gesture recognition market's expansion.

Product Code: 10389

Chapter 1 Scope and Methodology

1.1 Market scope and definition
1.2 Base estimates and calculations
1.3 Forecast parameters
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Industry 360º synopsis, 2024 - 2032
2.2 Business trends
- 2.2.1 Total addressable market (TAM), 2024-2032

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
3.2 Vendor matrix
3.3 Technology and innovation landscape
3.4 Patent analysis
3.5 Key news and initiatives
3.6 Regulatory landscape
3.7 Impact forces
- 3.7.1 Growth drivers
  - 3.7.1.1 Increasing adoption of AR and VR technologies
  - 3.7.1.2 Advancements in AI and machine learning
  - 3.7.1.3 Growing demand for touchless interfaces
  - 3.7.1.4 Expanding applications in consumer electronics
  - 3.7.1.5 Growing investments in automotive applications
- 3.7.2 Industry pitfalls and challenges
  - 3.7.2.1 Accuracy and reliability
  - 3.7.2.2 Technical complexity
3.8 Growth potential analysis
3.9 Porter's analysis
- 3.9.1 Supplier power
- 3.9.2 Buyer power
- 3.9.3 Threat of new entrants
- 3.9.4 Threat of substitutes
- 3.9.5 Industry rivalry
3.10 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Company market share analysis
4.2 Competitive positioning matrix
4.3 Strategic outlook matrix

Chapter 5 Market Estimates and Forecast, By Component, 2021 - 2032 (USD Million)

5.1 Key trends
5.2 Hardware
- 5.2.1 Sensors
- 5.2.2 Cameras
- 5.2.3 Controllers
5.3 Software

Chapter 6 Market Estimates and Forecast, By Technology, 2021 - 2032 (USD Million)

6.1 Key trends
6.2 Touch-based gesture recognition
- 6.2.1 Multi-touch system
- 6.2.2 Motion sensors
6.3 Touchless gesture recognition
- 6.3.1 Ultrasonic
- 6.3.2 Infrared
- 6.3.3 Capacitive/electric field
- 6.3.4 2D cameras
- 6.3.5 3D cameras
- 6.3.6 Voice recognition
- 6.3.7 Others

Chapter 7 Market Estimates and Forecast, By Type, 2021 - 2032 (USD Million)

7.1 Key trends
7.2 Hand/finger gesture recognition
7.3 Facial gesture recognition
7.4 Voice gesture recognition
7.5 Eye movement gesture recognition
7.6 Body movement gesture recognition

Chapter 8 Market Estimates and Forecast, By Authentication Type, 2021 - 2032 (USD Million)

8.1 Key trends
8.2 Single-factor authentication
8.3 Multi-factor authentication

Chapter 9 Market Estimates and Forecast, By End-Use, 2021 - 2032 (USD Million)

9.1 Key trends
9.2 Automotive
- 9.2.1 Lighting system
- 9.2.2 HUD
- 9.2.3 Biometric access
- 9.2.4 Others
9.3 Consumer electronics
- 9.3.1 Smartphone
- 9.3.2 Laptops and tablets
- 9.3.3 Gaming console
- 9.3.4 Smart TV
- 9.3.5 Set-top box
- 9.3.6 Head-Mount Display (HMD)
- 9.3.7 Others
9.4 Healthcare
- 9.4.1 Sign language
- 9.4.2 Lab and operating rooms
- 9.4.3 Diagnosis
9.5 Others

Chapter 10 Market Estimates and Forecast, By Region, 2021 - 2032 (USD Million)

10.1 Key trends
10.2 North America
- 10.2.1 U.S.
- 10.2.2 Canada
10.3 Europe
- 10.3.1 UK
- 10.3.2 Germany
- 10.3.3 France
- 10.3.4 Italy
- 10.3.5 Spain
- 10.3.6 Rest of Europe
10.4 Asia Pacific
- 10.4.1 China
- 10.4.2 India
- 10.4.3 Japan
- 10.4.4 South Korea
- 10.4.5 ANZ
- 10.4.6 Rest of Asia Pacific
10.5 Latin America
- 10.5.1 Brazil
- 10.5.2 Mexico
- 10.5.3 Rest of Latin America
10.6 MEA
- 10.6.1 UAE
- 10.6.2 Saudi Arabia
- 10.6.3 South Africa
- 10.6.4 Rest of MEA

Chapter 11 Company Profiles

11.1 Apple Inc.
11.2 Crunchfish
11.3 Elliptic Labs
11.4 EyeSight Technologies
11.5 GestureTek
11.6 Google LLC
11.7 Intel Corporation
11.8 Leap Motion (UltraHaptics)
11.9 Microchip Technology Inc.
11.10 Microsoft Corporation
11.11 Pyreos
11.12 Qualcomm Technologies, Inc.
11.13 SoftKinetic (Sony Depthsensing Solutions)
11.14 Sony Corporation
11.15 Vuzix Corporation