Global Gesture Recognition Market Size, Trends and Growth Opportunity, By Technology (Touch-Based And Touchless), By Type (Touchless Sanitary Equipment and Touchless Biometric Equipment) ByProduct (Touchless Sanitary Equipment and Touchless Biometric Equi

Global Gesture Recognition Market Size, Trends and Growth Opportunity, By Technology (Touch-

Based And Touchless), By Type (Touchless Sanitary Equipment and Touchless Biometric Equipment) By

Product (Touchless Sanitary Equipment and Touchless Biometric Equipment), By Industry

(Automotive, Consumer Electronics, Healthcare, Finance and Banking, Advertisement &

Communication, Defense and Government), By Region and Forecast Till 2027.

Global Gesture Recognition Market

The Global Gesture Recognition market was valued at US$ 8.2 billion in 2021 and it is expected to

reach at US$ 47.3 billion in 2027 at a CAGR of 20.3% during forecast period 2022-2027.

Systems that grant authorized personnel access include gesture recognition as a security element. A

gesture recognition device is used to recognise the actual motions, or "gestures," that people make.

Globally rising per capita incomes, technological advancements, and an increase in digitization in

segments like the automotive, consumer electronics, and healthcare are anticipated to benefit the

market.

Market Drivers

Gesture recognition technology has been actively adopted by the automobile and healthcare

industries. This technology improves human-machine interaction by facilitating user engagement

with computers and other devices. It also enables those with physical disabilities to operate the

equipment. As it ultimately saves the time spent interacting with a device, gesture recognition

technology has been hailed as a huge success, these factors fuelling the growth of this segment.

Market Restraint

The high tariffs imposed on US-China trade since 2019 are one of the main reasons affecting the

global economy. This has caused a drop in the demand for goods, commerce, and investments

globally. Due to China& significant contribution to the global supply chain of intermediate goods,

particularly computers, electronics, medicines, transportation equipment, and gesture recognition

technology, the output drop in China has had an effect on enterprises all over the world.

COVID-19 Impact on Gesture Recognition Market

With the outbreak of covid-19 several industries impacted adversely due to lockdown measures,

tight social distance rules, travel restrictions, and restricted access to malls, restaurants, and others.

The majority of industries experienced disruptions in supply chain operations and services related to

logistics on a global scale. The market for gesture recognition and touch less sensing has had

challenges due to restricted consumer and business expenditure, lockdown procedures, and supply

chain disruptions.

Market Segmentation

The global gesture recognition market segmented on the basis of technology, type, product and

industry. On the basis of technology it segmented into touch-based and touchless. On the basis of

type it segmented into offline and online. On the basis of product it segmented into touchless

sanitary equipment and touchless biometric equipment. On the basis of industry it segmented into

automotive, consumer electronics, healthcare, finance and banking, advertisement &

communication, defense and government.

Regional Analysis

The global gesture recognition market segmented into five regions North America, Europe, Latin

America, Asia Pacific, Middle East and Africa. The Asia Pacific region dominated the market share

China and India; two of the most populous and fastest-growing economies in the world are located

in the Asia Pacific. The regional market is being driven by increased industrial digitalization and rising

disposable incomes in these and other regional nations. Over the projected period, the market in the

MEA and South American regions is anticipated to show significant growth. Over the forecast period,

it is anticipated that the North American and European regions will experience consistent growth.

Key Players

Various key players are listed in this report such as Gesturetek, Microsoft Corporation, Sony

Corporation, Intel Corporation, Apple Inc., Ultraleap Limited, Cognitec Systems GmbH, and

Microchip Technology Inc., Google LLC., Omnivision Technologies.

Market Taxonomy

By Technology

• Touch-Based
• Touchless

• Offline
• Online

• Touchless Sanitary Equipment
• Touchless Biometric Equipment

• Automotive
• Consumer electronics
• Healthcare
• Finance & Banking
• Advertisement & Communication
• Defense
• Government

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East