Gesture Recognition Market - Share, Size and Industry Analysis

Gesture is non-verbal way of communicating a specific message. Gesture recognition is a commuting user interface that allows computers to capture and interpret human commands and gestures. It refers to the ability of a computer to understand human gestures and execute commands based on gestures. Gesture recognition involves various methods such as facial recognition, voice recognition, IRIS recognition, eye movement, leg movement, and others. Gesture recognition is an alternative user interface to provide real-time data to the computer system. Gesture recognition technology is used in industries such as automotive, healthcare, gaming, consumer electronics, and others. Technological advancements in gesture recognition along with the need to deliver remote less gesture presentation in organizations is expected to provide lucrative opportunities for the growth of the global gesture recognition market.

The Global Gesture Recognition Market was valued at US$ 14148.4 Mn in 2021.

Recent Developments:

Key companies are focused on product launches, in order to expand their product portfolio in the market. For instance, in March 2022, Baidu Inc., an artificial intelligence (AI) cloud provider, launched an AI sign language platform that generates digital avatars for sign language translation by recognizing hand sign gestures.
Key companies are focused on new product developments, in order to expand their product portfolio in the market. For instance, in May 2021, Apple, Inc., a multinational technology company, launched SignTime a new software feature that helps people with disability to communicate with Retail Customer Care and AppleCare by using American Sign Language (ASL).

Gesture Recognition Market Report Coverage

Report Coverage	Details
Base Year:	2021	Market Size in 2021:	US$ 14148.4 Mn
Historical Data for:	2017 to 2020	Forecast Period:	2022 to 2030
Forecast Period 2022 to 2030 CAGR:	23.6%	2030 Value Projection:	US$ 93773.2 Mn
Geographies covered:	North America: U.S. and Canada Latin America: Brazil, Argentina, Mexico, and Rest of Latin America Europe: Germany, U.K., France, Italy, Russia, and Rest of Europe Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific Middle East and Africa: GCC Countries, South Africa, and Rest of Middle East and Africa
Segments covered:	By Component Type: Touch based system and Touchless system By End-use Industry: Automotive, Aerospace & Defense, Consumer Electronics, Healthcare, Retail, Gaming, and Others
Companies covered:	Intel Corporation, Qualcomm Technologies, Inc., IBM Corporation, Google Inc., Microsoft, Facebook, Inc., Samsung Electronics Co., Ltd., Baidu Inc., Cisco Systems, Inc., Apple, Inc., Infineon Technologies AG, PointGrab Inc., Elliptic Laboratories A/S, Microchip Technology Inc., OmniVision Technologies, Inc., OMRON Corporation, Sony Corporation, Texas Instruments Incorporated, Sony Depthsensing Solutions, Jabil Inc., and Ultraleap.
Growth Drivers:	Increasing adoption of gesture recognition technologies in consumer electronics such as smartphone, tablet, PC and others Increasing demand from automotive industry in order to provide driver safety
Restraints & Challenges:	Integration of gesture technology is difficult due to lack of technology

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Restraint:

Integration of gesture technology is difficult due to lack of technology

Global Gesture Recognition Market - Impact of Coronavirus (Covid-19) Pandemic:

Due to the COVID-19 pandemic, several industries have witnessed a significant shift in their businesses. But it had a positive impact on the growth of the global gesture recognition market as the aviation sector was moving towards biometric onboarding.

The implementation of new technology solutions such as facial recognition and biometrics was already in progress at the airport and after COVID-19 implementation of these technologies happening at a faster pace. These new technologies helped to contain the spread of coronavirus and also helped in speeding up the onboarding process. For instance, in September 2020, Spirit Airlines, Inc., a U.S.-based airline company launched biometric facial recognition for passenger check-ins at Chicago O’Hare and New York LaGuardia airports.

North America held a dominant position in the global gesture recognition market in 2021

Statistics:

North America region dominated the global gesture recognition market in 2021, accounting for a 44.2% share in terms of value, followed by Europe, Asia Pacific, and Latin America, respectively

Figure 1: Global Gesture Recognition Market Share (%), By Region, 2021

GESTURE RECOGNITION MARKET

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North America global gesture recognition market is expected to be one of the prominent region in the global market witness high growth during the forecast period. This is owing increasing demand for gesture recognition in emerging economies such as U.S. and Canada.

Figure 2: Global Gesture Recognition Market (US$ Mn) Analysis and Forecast, 2022 - 2030

GESTURE RECOGNITION MARKET

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The global gesture recognition market was valued at US$ 14148.4 Mn in 2021 and is expected to reach US$ 93773.2 Mn by 2030, growing at a CAGR of 23.6% between 2022 and 2030.

Major players operating in the global gesture recognition market include Intel Corporation, Qualcomm Technologies, Inc., IBM Corporation, Google Inc., Microsoft, Facebook, Inc., Samsung Electronics Co., Ltd., Baidu Inc., Cisco Systems, Inc., Apple, Inc., Infineon Technologies AG, PointGrab Inc., Elliptic Laboratories A/S, Microchip Technology Inc., OmniVision Technologies, Inc., OMRON Corporation, Sony Corporation, Texas Instruments Incorporated, Sony Depthsensing Solutions, Jabil Inc., and Ultraleap.

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Frequently Asked Questions

The global Gesture Recognition Market size was valued at USD 14148.4 million in 2022 and is expected to reach USD 93773.2 million in 2030.

The global gesture recognition market is expected to reach US$ 93773.2 million by 2030.

The market is expected to grow at 23.6% CAGR over the period (2022-2030).

The increasing adoption of gesture recognition technology in consumer electronics is expected to drive growth of the market during the forecast period.

The consumer electronics segment held the largest market share among end-use industry in 2021.

Increasing penetration of digital television worldwide is expected to drive growth of the market during the forecast period.

Key players operating in the global gesture recognition include Intel Corporation, Qualcomm Technologies, Inc., IBM Corporation, Google Inc., Microsoft, Facebook, Inc., Samsung Electronics Co., Ltd., Baidu Inc., Cisco Systems, Inc., Apple, Inc., Infineon Technologies AG, PointGrab Inc., Elliptic Laboratories A/S, Microchip Technology Inc., OmniVision Technologies, Inc., OMRON Corporation, Sony Corporation, Texas Instruments Incorporated, Sony Depthsensing Solutions, Jabil Inc., and Ultraleap.