Gesture Recognition Market Share, Size, Growth And Segment Forecasts To 2020

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Gesture Recognition Market Share, Size, Emerging Trends and
Growth, Analysis, Overview and Forecasts 2016-2020
Technavio Announces the Publication of its Research Report – Global Gesture Recognition Market for
Emerging Applications 2016-2020
Technavio recognizes the following companies as the key players in the global gesture recognition
market for emerging applications: Microsoft, Sony, eyeSight Technologies, PointGrab, and Samsung.
Commenting on the report, an analyst from Technavio’ s team said: “Increase in number of M&A is a
key trend for this market. The high growth prospects of gesture recognition technology have compelled
vendors across the supply chain to either form strategic partnership or acquire vendors operating in the
global gesture recognition market. These strategic partnerships and M&A enable both OEMs, motion
sensor vendors, and gesture recognition technology providers to derive maximum benefit out of the
growing market. In the past five years, the collaborations among the supply chain members are rising to
expand their market presence and increase their market share.”
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According to the report, focus on human-machine interface in automotive sector is a key driver for this
market. The automotive OEMs have always been involved in developing new forms of interaction
between the driver and the vehicle to provide more efficient and intuitive interaction between the two.
The automotive manufacturers are investing heavily in R&D for the development of onboard
man/machine interaction based on gesture, touch, and voice. Since, voice and touch are already
available in majority of the vehicles, the manufacturers are focusing on bringing gesture recognition
technology on existing multimedia systems inside the vehicles. This will provide more intuitive
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experience by enabling the driver to control a number of vehicle functions through hands instead of
using the buttons and screens on the central console. Also, it is expected to enhances driver and
passenger safety.
Further, the report states that low value-addition of gesture recognition technology is a challenge to
market growth. Gesture recognition technology can provide a new, exciting experience to users.
However, currently its integrated into consumer electronic devices has failed to attract customers.
Devices that still use 2D cameras require users to stand in front of it to perform gestures. Also, users
always have to raise their hands to perform gestures in the air, which could be tiring. Moreover, there is
latency in the devices because of low computing power.
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 a SWOT analysis of the key vendors.
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About Gesture Recognition Technology
Human-machine interaction has reduced the gap between the two and developed a more natural and
intuitive interaction. Humans have come a long way from controlling machines through switches fitted
on them to remote controls, and currently, through smartphones. In the future, it will be through
natural gestures. Gesture control is by far the most natural form of controlling a device.
Gesture recognition technology interprets human motions using computer algorithms. Human motions
can be movements of hands, fingers, arms, head, or the entire body. Gestures are used as an input
mechanism, aimed at replacing old-fashioned input mechanisms such as keyboards, mouse devices,
remote controls, and various other forms of control devices.
Technavio’ s analysts forecast the global gesture recognition market for emerging applications to grow
at a CAGR of 52.46% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global gesture recognition
market for emerging applications for 2016-2020. To calculate the market size, Technavio considers the
unit shipment of gesture recognition products in the following application segments: automotive and
consumer electronic devices.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
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Technavio's report, Global Gesture Recognition Market for Emerging Applications 2016-2020, has been
prepared based on an in-depth market analysis with inputs from industry experts. The report covers the
market landscape and its growth prospects over the coming years. The report also includes a discussion
of the key vendors operating in this market.
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According to the report, focus on human-machine interface in automotive sector is a key driver for this market. The automotive OEMs have always been involved in developing new forms of interaction between the driver and the vehicle to provide more efficient and intuitive interaction between the two.