PUBLISHER: TechNavio | PRODUCT CODE: 1516315
PUBLISHER: TechNavio | PRODUCT CODE: 1516315
The gesture recognition solution market is forecasted to grow by USD 73440.3 mn during 2023-2028, accelerating at a CAGR of 37.91% during the forecast period. The report on the gesture recognition solution market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing development of processors supporting gesture recognition, rising implementation of hmi technologies in automotive industry, and development of various machine vision technologies in automotive gesture recognition systems.
Technavio's gesture recognition solution market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 28.4% |
CAGR | 37.91% |
Incremental Value | $73440.3mn |
By Technology
By Application
By Geography
This study identifies the increasing priority for tof cameras for gesture recognition as one of the prime reasons driving the gesture recognition solution market growth during the next few years. Also, market consolidation in gesture recognition solution ecosystem and advances in electric vehicles and autonomous cars will lead to sizable demand in the market.
The report on the gesture recognition solution market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading gesture recognition solution market vendors that include Alphabet Inc., Apple Inc., Cipia Vision Ltd., Elliptic Laboratories AS, ESPROS Photonics Corp., GestureTek technologies, Infineon Technologies AG, Intel Corp., IrisGuard Ltd., Jabil Inc., Microchip Technology Inc., NVIDIA Corp., OMRON Corp., Qualcomm Inc., Sony Group Corp., STMicroelectronics International N.V., Synaptics Inc., Texas Instruments Inc., Ultraleap Ltd., and Vishay Intertechnology Inc.. Also, the gesture recognition solution market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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