Global 2D Gesture Recognition Systems Market Growth (Status and Outlook) 2023-2029

Global 2D Gesture Recognition Systems Market Growth (Status and Outlook) 2023-2029

The global 2D Gesture Recognition Systems market size is projected to grow from US$ 102.3 million in 2022 to US$ 156.2 million in 2029; it is expected to grow at a CAGR of 6.2% from 2023 to 2029.

In 2019, North America is the main region market with about 47% market share. China and Europe are follower.

The main companies are Microchip Technology, Megvii, Microsoft, Baidu, GestureTek, Sensetime, Ultraleap, Zienon, PointGrab, Crunchfish etc. Top 3 companies occupied over 52% market share in 2019. In China region market, Megvii is the largest manufacturer with over 38% market share in 2019.

According to the type of camera (2D camera, depth camera), it can be divided into two categories: 1) 2D gesture recognition based on 2D camera and 2) 3D gesture recognition based on 3D camera (such as Microsoft Kinnect). Early gesture recognition is based on two-dimensional color image recognition technology. The so-called two-dimensional color image refers to the two-dimensional static image obtained after the scene is shot by the ordinary camera, and then the content in the image is recognized by the computer graphics algorithm. Two-dimensional hand recognition can only identify a few static gestures, and these gestures must be preset in advance. Compared with 2D gesture recognition, 3D gesture recognition adds a Z-axis information, which can recognize various hand shapes, gestures and movements. Three-dimensional gesture recognition is also the main direction of gesture recognition development. However, this kind of gesture recognition, which contains some depth information, needs special hardware to realize. The common ones are sensors and optical cameras. The most important part of gesture recognition includes the tracking of gesture and the subsequent computer data processing. Gesture capture is mainly achieved through optical and sensor two ways. Gesture recognition prediction algorithms, including template matching technology (used in two-dimensional gesture recognition technology), through statistical sample features and deep learning neural network technology.

LPI (LP Information)' newest research report, the “2D Gesture Recognition Systems Industry Forecast” looks at past sales and reviews total world 2D Gesture Recognition Systems sales in 2022, providing a comprehensive analysis by region and market sector of projected 2D Gesture Recognition Systems sales for 2023 through 2029. With 2D Gesture Recognition Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world 2D Gesture Recognition Systems industry.

This Insight Report provides a comprehensive analysis of the global 2D Gesture Recognition Systems landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on 2D Gesture Recognition Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global 2D Gesture Recognition Systems market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 2D Gesture Recognition Systems and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global 2D Gesture Recognition Systems.

This report presents a comprehensive overview, market shares, and growth opportunities of 2D Gesture Recognition Systems market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
TOF
Structured Light
Binocular Stereo Imaging

Segmentation by application
Conventional Energy Vehicle
New Energy Vehicles

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Aptiv
Sony
Continental
Sensetime

Please note: The report will take approximately 2 business days to prepare and deliver.