HOME Top Market Reports Gesture Recognition & Touchless Sensing Market by Technology (Touch-based & Touchless), Application (Consumer Electronics, Automotive, & Others), Product (Biometric & Sanitary Equipment) & by Geography - Global Forecast to 2020

Gesture Recognition & Touchless Sensing Market by Technology (Touch-based & Touchless), Application (Consumer Electronics, Automotive, & Others), Product (Biometric & Sanitary Equipment) & by Geography - Global Forecast to 2020

By: marketsandmarkets.com
Publishing Date: June 2015
Report Code: SE 3453

 

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The gesture recognition & touchless sensing market is expected to grow from USD 5.15 Billion in 2014 to USD 23.55 Billion by 2020, at a CAGR of 28.2% between 2015 and 2020. The gesture recognition & touchless sensing technologies enable a user to interact with a device to perform a specific task sans the need of touching it. The gesture recognition market exhibits a huge growth potential in verticals such as consumer electronics, advertisement & communication, healthcare, and others. The touchless sensing market is driven by the application in verticals such as government, finance & banking, consumer electronics, and so on.

The research methodology used to estimate and forecast the gesture recognition & touchless sensing market begins with capturing data on key vendor revenue through the secondary research. Vendor offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall market size of the global gesture recognition & touchless sensing market from the revenue of the key players in the market. After arriving at the overall market size, the total market was split into several segments and subsegments which are then verified through the primary research by conducting extensive interviews with key people such as CEOs, VPs, directors, and executives. The market breakdown and data triangulation procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of profiles of primary respondents is depicted in the below figure:

Gesture Recognition & Touchless Sensing Market

The concept of gesture recognition & touchless sensing has evolved significantly over the last decade. This concept of having intelligence in electronic devices is highly technology-oriented, efficient, and ensures a high level of human-machine interaction (HMI). A detailed analysis of the value chain for gesture recognition and touchless sensing indicates that device manufacturers, system integrators, and OEMs play a vital role in this industry.

Key Target Audience

  • Key Technology Providers
  • System Integrators
  • Software Providers
  • IC Manufacturers
  • OS Vendors
  • Application Developers
  • Content Providers
  • Device Manufacturers
  • Raw material & manufacturing equipment suppliers
  • Original equipment manufacturers (OEMs) (end-user applications or electronic product manufacturers)
  • ODM and OEM technology solution providers
  • Distributors and retailers
  • Research organizations

Scope of the Report

The research report segments the gesture recognition & touchless sensing market into following submarkets:

Gesture Recognition market, By Technology:

  • Touch-based Gesture Recognition
  • Touchless Gesture Recognition

Gesture Recognition Market, By Vertical:

  • Automotive
  • Consumer electronics
  • Healthcare
  • Advertisement & communications
  • Defense

Touch-less Sensing Market, By Technology:

  • RFID
  • Camera Based
  • Voice recognition
  • Sensors
  • Others

Touch-Less Sensing Market, by Product:

  • Sanitary equipment
  • Touchless biometric

Touch-Less Sensing Market, By Vertical:

  • Consumer electronics
  • Government
  • Finance & banking
  • Healthcare
  • Automotive
  • Others

By Region

  • Americas
  • Europe
  • APAC
  • RoW

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the companyís specific needs. The following customization options are available for the report:

Geographic Analysis

  • Further breakdown of the American gesture recognition & touchless sensing market
  • Further breakdown of the European gesture recognition & touchless sensing market
  • Further breakdown of the APAC gesture recognition & touchless sensing market
  • Further breakdown of the RoW gesture recognition & touchless sensing market

Company Information

  • Detailed analysis and profiling of additional market players

Table of Contents

1 Introduction (Page No. - 16)
    1.1 Objectives of the Study
    1.2 Gesture Recognition Market Definition
    1.3 Markets Covered
           1.3.1 Market Scope
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 20)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Demand-Side Analysis of Gesture Recognition & Touchless Sensing
           2.2.1 Introduction
           2.2.2 Demand-Side Analysis
                    2.2.2.1 Growth of Techno Dependency
                    2.2.2.2 Gesture Recognition and Touchless Sensing, A Competitive Advantage in Technology Race
    2.3 Gesture Recognition Market Size Estimation
    2.4 Gesture Recognition Market Breakdown & Data Triangulation
    2.5 Research Assumptions
           2.5.1 Assumptions

3 Executive Summary (Page No. - 30)

4 Premium Insights (Page No. - 37)
    4.1 Attractive Opportunities in the Gesture Recognition and Touchless Sensing Market
    4.2 Gesture Recognition Market, By Technology
    4.3 Touchless Sensing Market in APAC During the Forecast Period
    4.4 The U.S. Commanded the Largest Share of the Global Gesture Recognition Market, 2014
    4.5 Touchless Sensing Market, By Industry Vertical

5 Market Overview (Page No. - 41)
    5.1 Introduction
    5.2 Gesture Recognition Market Evolution
    5.3 Gesture Recognition Market Segmentation
    5.4 Gesture Recognition Market Dynamics: Gesture Recognition
           5.4.1 Drivers
                    5.4.1.1 Enhanced User Experience in Most of the Application Areas
                    5.4.1.2 Low Cost Gesture Enabling Software
                    5.4.1.3 Increased Adoption By Oems
           5.4.2 Restraints
                    5.4.2.1 Lack of Haptic Perception
                    5.4.2.2 High Power Consumption
           5.4.3 Opportunities
                    5.4.3.1 Emerging Scope for Other Applications
                    5.4.3.2 Integration of Multiple Technologies
           5.4.4 Challenges
                    5.4.4.1 Technology Awareness
    5.5 Market Dynamics: Touch-Less Sensing Market
           5.5.1 Drivers
                    5.5.1.1 Growth in the E-Passport Program
                    5.5.1.2 Reduced Hygiene Concerns Due to Touch-Less Sanitary Equipment
                    5.5.1.3 Growth of Travel, Healthcare, and Education Applications
           5.5.2 Restraints
                    5.5.2.1 Replacement Cost
                    5.5.2.2 User Resistance
           5.5.3 Opportunities
                    5.5.3.1 Touch-Less Biometric Products Have A Bright Future
                    5.5.3.2 Touch-Less Sanitary Equipment for Residential Use
           5.5.4 Challenge
                    5.5.4.1 Expensive Products
           5.5.5 Winning Imperatives

6 Industry Trends (Page No. - 54)
    6.1 Introduction
    6.2 Value Chain Analysis
           6.2.1 Gesture Recognition
                    6.2.1.1 Semiconductor Vendors
                    6.2.1.2 Component Manufacturers
                    6.2.1.3 Key Technology Players
                    6.2.1.4 Software Solution Providers
                    6.2.1.5 Oems
           6.2.2 Touchless Sensing
    6.3 Industry Trends
    6.4 Porterís Five Forces Analysis
           6.4.1 Porterís Five Forces Analysis for the Gesture Recognition & Touchless Sensing Market
           6.4.2 Bargaining Power of Suppliers

7 Gesture Recognition Market, By Technology (Page No. - 65)
    7.1 Introduction
    7.2 Touch-Based Gesture Recognition
           7.2.1 Accelerometer
           7.2.2 Gyroscope
           7.2.3 Combo Sensor Or Inertial Measurement Unit
    7.3 Touch-Less Gesture Recognition
           7.3.1 Capacitive/Electric Field
           7.3.2 Infrared Array
           7.3.3 Ultrasonic Technology
           7.3.4 2D Camera Based
           7.3.5 3D Vision Technologies
                    7.3.5.1 Stereoscopic
                    7.3.5.2 Structured Lighting
                    7.3.5.3 Time-Of-Flight Cameras
                    7.3.5.4 Gesture Cameras

8 Gesture Recognition Market, By Verticals (Page No. - 80)
    8.1 Introduction
    8.2 Automotive
    8.3 Consumer Electronics
           8.3.1 Smartphone
           8.3.2 Laptops & Tablets
           8.3.3 Gaming Console
           8.3.4 Smart Tv
           8.3.5 Set-Top Box
           8.3.6 Others
    8.4 Healthcare
    8.5 Advertisement & Communication
    8.6 Defense

9 Touchless Sensing Market, By Technology (Page No. - 92)
    9.1 Introduction
    9.2 Rfid Technology
    9.3 Camera Based Technology
    9.4 Sensors
    9.5 Voice Recognition
    9.6 Others

10 Touchless Sensing Market, By Product (Page No. - 100)
     10.1 Introduction
             10.1.1 Sanitary Equipment Market
                        10.1.1.1 Touchless Faucets
                        10.1.1.2 Touchless Soap Dispensers
                        10.1.1.3 Touchless Paper Towel Dispensers
                        10.1.1.4 Touchless Trashcans
                        10.1.1.5 Hand Dryers
             10.1.2 Touchless Biometric Market
                        10.1.2.1 Touchless Fingerprint Recognition
                        10.1.2.2 IRIS Recognition
                        10.1.2.3 Face Recognition System
                        10.1.2.4 Voice Recognition
             10.1.3 Others

11 Touchless Sensing Market, By Verticals (Page No. - 116)
     11.1 Introduction
     11.2 Consumer Electronics
     11.3 Government
     11.4 Finance & Banking
     11.5 Healthcare
     11.6 Automotive
     11.7 Others

12 Geographic Analysis (Page No. - 125)
     12.1 Introduction
     12.2 The Americas
             12.2.1 The U.S.
             12.2.2 Canada
             12.2.3 Mexico
     12.3 Europe
             12.3.1 The U.K.
             12.3.2 Germany
             12.3.3 France
             12.3.4 The Rest of Europe
     12.4 APAC
             12.4.1 China
             12.4.2 Japan
             12.4.3 India
             12.4.4 Israel
             12.4.5 South Korea
             12.4.6 Others
     12.5 RoW

13 Competitive Landscape (Page No. - 141)
     13.1 Overview
     13.2 Competitive Analysis for the Gesture Recognition & Touchless Sensing Market
     13.3 Competitive Situations and Trends
             13.3.1 New Product Launches and Developments, 2013-2015
             13.3.2 Partnerships & Agreements, 2014-2015
             13.3.3 Mergers & Acquisitions, 2013
             13.3.4 Expansion, Contracts, & Patents,2014

14 Company Profiles (Page No. - 147)
(Overview, Products And Services, Financials, Strategy & Development)*
     14.1 Introduction
     14.2 Apple Inc.
     14.3 Google Inc.
     14.4 Intel Corporation
     14.5 Microchip Technology Inc.
     14.6 Microsoft Corporation
     14.7 Qualcomm Technologies, Inc.
     14.8 Cognitec Systems Gmbh
     14.9 Cognivue Corporation
     14.10 Cross Match Technologies
     14.11 Elliptic Labs
     14.12 Eyesight Technologies Ltd.
     14.13 Infineon Technologies AG
     14.14 Omnivision Technologies, Inc.
     14.15 Pmdtechnologies Gmbh
     14.16 Pointgrab Ltd.
     14.17 Softkinetic
     14.18 Warwick Ventures Ltd.

*Details On Overview, Products And Services, Financials, Strategy & Development Might Not Be Captured in Case Of Unlisted Companies.

15 Appendix (Page No. - 183)
     15.1 Insights of Industry Experts
     15.2 Discussion Guide
     15.3 Introducing RT: Real Time Market Intelligence
     15.4 Available Customizations
     15.5 Related Reports


List of Tables (83 Tables)

Table 1 Gesture Recognition Market Dynamics for Gesture Recognition and Touchless Sensing,2011-2013
Table 2 The Ease of Using A Gesture Control Interface in Various Products is Propelling the Market
Table 3 Advanced Gesture Control Features Leading Towards Better User Experience
Table 4 Competition is High Among Companies With Advanced Smart TV Features
Table 5 High Power Consumption Likely to Hamper the Growth of the Gesture Recognition Market
Table 6 The Growing Demand of Touch-Less Biometrics and Touch-Less Sanitary Equipment is Propelling the Market
Table 7 Touch-Less Sanitary Equipment is Hygienic and Environmentally Friendly
Table 8 High Power Consumption Likely to Hamper the Growth of the Touch-Less Sensing Market
Table 9 Gesture Recognition Market, By Technology, 2013-2020 ($Million)
Table 10 Touch-Based GRMarket, By Technology, 2013-2020 ($Million)
Table 11 Accelerometer Technology Market, By Product, 2013-2020 ($Million)
Table 12 Gyroscope Technology Market, By Product, 2013-2020 ($Million)
Table 13 Combo Sensor Technology Market, By Product, 2013-2020 ($Million)
Table 14 Touch-Less GR Market, By Technology, 2013-2020 ($Million)
Table 15 Capacitive/Electric Field Technology Market, By Product,2013-2020 ($Million)
Table 16 Capacitive/Electric Field Technology Shipment, By Product,2013-2020 (Million Units)
Table 17 Infrared Array Technology Market, By Product, 2013-2020 ($Million)
Table 18 Infrared Array Technology Shipment, By Product,2013-2020 (Million Units)
Table 19 Ultrasonic Technology Market, By Product, 2013-2020 ($Million)
Table 20 Ultrasonic Technology Shipment, By Product, 2013-2020 (Million Unit)
Table 21 2D Camera Based Technology Market, By Product, 2013-2020 ($Million)
Table 22 2D Camera Based Technology Shipment, By Product,2013-2020 (Million Units)
Table 23 3D Vision Technology Market, By Product, 2013-2020 ($Million)
Table 24 3D Vision Technology Shipment, By Product, 2013-2020 (Million Units)
Table 25 Gesture Recognition Market, By Vertical, 2013-2020 ($Million)
Table 26 Gesture Recognition Market for Gesture Recognition in the Automotive Vertical, By Region, 2013-2020 ($Million)
Table 27 Gesture Recognition Market Size in Terms of Value and Volume for the Touch-Less Technology in Consumer Electronics, 2013-2020
Table 28 The Gesture Recognition Market for Gesture Recognition in the Consumer Electronics Vertical, By Product, 2013-2020 ($Million)
Table 29 The Gesture Recognition Market for Gesture Recognition in the Consumer Electronics Vertical, By Region, 2013-2020 ($Million)
Table 30 Gesture Recognition Market for Healthcare Vertical, By Region,2013-2020 ($Million)
Table 31 The Market for Gesture Recognition in Advertisement & Communication Vertical, By Region, 2013-2020 ($Million)
Table 32 The Gesture Recognition Market for Gesture Recognition in the Defense Vertical, By Region, 2013-2020 ($Million)
Table 33 Touchless Sensing Market, By Technology, 2013-2020 ($Million)
Table 34 Rfid Technology Market, By Industry Vertical 2013-2020 ($Million)
Table 35 Camera Based Technology Market, By Industry Vertical2013-2020 ($Million)
Table 36 Sensors Technology Market, By Industry Vertical ($Million)
Table 37 Voice Recognition Market, By Industry Vertical, 2013-2020 ( $Million)
Table 38 Others Market By Industry Vertical,2013-2020 ($Million)
Table 39 Touchless Sensing Market, By Product, 2013-2020 ($Million)
Table 40 Sanitary Equipment Market, By Product Type, 2013-2020 ($Million)
Table 41 Touchless Sanitary Equipment Market, By Geography,2013-2020 ($Million)
Table 42 Touchless Faucets Market, By Geography, 2013-2020 ($Million)
Table 43 Touchless Faucets Market, By Geography, 2013-2020 (Million Units)
Table 44 Touchless Soap Dispenser Market, By Geography, 2013-2020 ($Million)
Table 45 Touchless Soap Dispenser Market, By Geography, 2013-2020 ($Million)
Table 46 Touchless Paper Towel Dispenser Market, By Geography,2013-2020 ($Million)
Table 47 Touchless Paper Towel Dispenser Market, By Geography,2013-2020 (Million Units)
Table 48 Touchless Trashcans Market, By Region, 2013-2020 ($Million)
Table 49 Touchless Trashcans Market, By Geography, 2013-2020 (Million Units)
Table 50 Touchless Hand Dryers Market, By Geography, 2013-2020 ($Million)
Table 51 Touchless Hand Dryers Market, By Geography, 2013-2020 (Million Units)
Table 52 Touchless Biometric Market, By Type, 2013-2020 ($Million)
Table 53 Touchless Biometric Market, By Geography, 2013-2020 ($Million)
Table 54 Touchless Fingerprint Recognition Market, By Geography,2013-2020 ($Million)
Table 55 Touchless IRIS Recognition Market, By Geography, 2013-2020 ($Million)
Table 56 Touchless Face Recognition Market, By Geography, 2013-2020 ($Million)
Table 57 Touchless Voice Recognition Market, By Geography, 2013-2020 ($Million)
Table 58 Others Market, By Geography, 2013-2020 ($Million)
Table 59 Touchless Sensing Market, By Industry Vertical, 2013-2020 ($Million)
Table 60 Gesture Recognition Market Size for the Consumer Electronics Industry, By Technology, 2013-2020 ($Million)
Table 61 Government Market, By Technology, 2013-2020 ($Million)
Table 62 Gesture Recognition Market Size for the Finance & Banking Vertical, By Technology,2013-2020 ($Million)
Table 63 Gesture Recognition Market Size for the Healthcare Industry, By Technology,2013-2020 ($Million)
Table 64 Gesture Recognition Market Size for the Automotive Industry, By Technology,2013-2020 ($Million)
Table 65 Others Market, By Technology, 2013-2020 ($Million)
Table 66 Gesture Recognition Market, By Region, 2013-2020 ($Million)
Table 67 Touchless Sensing Market, By Region, 2013-2020 ($Million)
Table 68 The Americas: Gesture Recognition Market, By Country,2013- 2020 ($Million)
Table 69 The Americas: Gesture Recognition Market, By Industry Vertical,2013- 2020 ($Million)
Table 70 The Americas : Touchless Sensing Market, By Country,2013-2020 ($Million)
Table 71 Europe: Gesture Recognition Market, By Country, 2013- 2020 ($Million)
Table 72 Europe: Gesture Recognition Market, By Industry Vertical,2013- 2020 ($Million)
Table 73 Europe: Touchless Sensing Market, By Country, 2013- 2020 ($Million)
Table 74 APAC: Gesture Recognition Market, By Country, 2013- 2020 ($Million)
Table 75 APAC: Gesture Recognition Market, By Industry Vertical,2013- 2020 ($Million)
Table 76 APAC: Touchless Sensing Market, By Country, 2013- 2020 ($Million)
Table 77 RoW: Gesture Recognition Market, By Region, 2013- 2020 ($Million)
Table 78 RoW: Gesture Recognition Market, By Industry Vertical,2013- 2020 ($Million)
Table 79 RoW: Touchless Sensing Market, By Region , 2013- 2020 ($Million)
Table 80 New Product Launches and Developments, 2013 Ė 2015
Table 81 Partnerships & Agreements, 2014 Ė 2015
Table 82 Mergers & Acquisitions, 2013
Table 83 Expansions, Contracts, & Patents, 2014


List of Figures (75 Figures)

Figure 1 Global Gesture Recognition and Touch-Less Sensing Market,By Technology
Figure 2 Research Design
Figure 3 Touchless Sensing Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Touchless Sensing Market Size Estimation Methodology: Top-Down Approach
Figure 5 MTouchless Sensing Market Breakdown & Data Triangulation
Figure 6 Assumptions of the Research Study
Figure 7 The Touchless Technology is Estimated to Dominate the Gesture Recognition Market From 2015 to 2020
Figure 8 Gesture-Enabled Cars are Expected to Be Commercialized By 2016 and Would Boost the Gesture Recognition Market
Figure 9 The APAC Held the Largest Market Share in the Gesture Recognition Market in 2014
Figure 10 The Camera-Based Technology is Expected to Grow at the Highest Rate and Dominate the Touchless Sensing Market Till 2020
Figure 11 The Automotive Industry is Expected to Grow at the Highest CAGR in the Touchless Sensing Market During the Forecast Period
Figure 12 The Americas Held the Largest Market Share of Around 34% in the Touchless Sensing Market in 2014
Figure 13 Gesture Recognition & Touchless Sensing is the Key to Gain Competitive Advantage in This Technologically Advance Market
Figure 14 The Touchless Gesture Recognition Technology is Expected to Grow at the Highest Rate During the Forecast Period
Figure 15 Touchless Sanitary Equipment are Expected to Grow at the Highest CAGR During the Forecast Period
Figure 16 The U.S. Dominated the Global Gesture Recognition Market in 2014
Figure 17 Automotive & Consumer Electronics are Likely to Be Emerging Verticals During the Forecast Period
Figure 18 Evolution of the Gesture Recognition Market
Figure 19 Evolution of the Touch-Less Sensing Market
Figure 20 Gesture Recognition Market: Segmentation
Figure 21 Touch-Less Sensing Market: Segmentation
Figure 22 The Enhanced User Experience in Most of the Application Areas to Spur the Demand for Gesture Control
Figure 23 The Growing Use of Touch-Less Biometrics and Touch-Less Sanitary Equipment Likely to Spur the Entire Touch-Less Sensing Market
Figure 24 Growth of the E-Passport Program, 2009-2014
Figure 25 Gesture Recognition Market: Value Chain Analysis
Figure 26 Touchless Sensing Market : Value Chain Analysis
Figure 27 Growth in the Number of Product Launches is A Leading Trend Among Key Market Players
Figure 28 Porterís Five Forces-Impact Analysis, 2014
Figure 29 Bargaining Power of Suppliers, 2014
Figure 30 Bargaining Power of Buyers, 2014
Figure 31 Threat of New Entrants, 2014
Figure 32 Threat of Substitutes, 2014
Figure 33 Intensity of Rivalry, 2014
Figure 34 Gesture Recognition Market, By Technology
Figure 35 The Touch-Less GR Technology is Likely to Dominate the Gesture Recognition Market By 2020
Figure 36 The Usage of Combo Sensors is Estimated to Be Maximum in the Smartphone Market During the Forecast Period
Figure 37 Shipments for Laptops & Tablets With the Capacitive/Electric Field Technology are Estimated to Exhibit A High Growth Rate During the Forecast Period
Figure 38 Growth Rate of Smart TV With the 2D Camera Based Technology is Expected to Be the Highest During the Forecast Period
Figure 39 The Growth Rate of Smart Tvs With the 3D Vision Technology is Expected to Be Highest During the Forecast Period
Figure 40 Gesture Recognition Market, By Verticals
Figure 41 GR Enabled Cars is Likely to Be Commercialized By the End of 2015
Figure 42 APAC is Expected to Exhibit the Highest Growth Rate for Gesture Enabled Cars During the Forecast Period
Figure 43 Gesture Controlled Set-Top Box in the Consumer Electronics Vertical is Expected to Exhibit the Highest Growth Rate During the Forecast Period
Figure 44 The Americas Expected to Account for the Largest Market Share in the Advertisement & Communication Vertical During the Forecast Period
Figure 45 Touchless Sensing Market By Technology
Figure 46 The Market for the Camera Based Technology is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 47 Voice Recognition Market for Highest Growing Verticals During the Forecast Period
Figure 48 Touchless Sensing Market, By Product
Figure 49 Sanitary Equipment Market
Figure 50 Touchless Faucets Expected to Dominate the Sanitary Equipment Market During the Forecast Period
Figure 51 APAC is Likely to Be A Leading Market for Touchless Paper Towel Dispensers During the Forecast Period
Figure 52 Touchless Biometric Market
Figure 53 The Market for IRIS Recognition is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 54 Europe is Estimated to Dominate the Face Recognition Market During the Forecast Period
Figure 55 Touchless Sensing Market, By Industry Vertical
Figure 56 The Application of Touchless Sensing in the Automotive Industry is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 57 Camera Based Technologies are Expected to Grow at the Highest CAGR During the Forecast Period in Finance & Banking Vertical
Figure 58 Touchless Sensing Market Size for the Automotive Industry, By Technology, During the Forecast Period
Figure 59 Gesture Recognition & Touch-Less Sensing Market, By Geography
Figure 60 Geographic Snapshot of the Gesture Recognition Market (2015 to 2020)
Figure 61 Americas Geographical Snapshot, 2014
Figure 62 Europe Geographic Snapshot, 2014
Figure 63 APAC Geographic Snapshot, 2014
Figure 64 New Product Launches Was the Key Strategy Adopted By the Key Market Players, 2013-2015
Figure 65 Touchless Sensing Market Evaluation Framework, 2013-2015
Figure 66 Battle for Market Share: New Product Launches Was the Key Strategy Adopted During 2012 to 2015
Figure 67 Geographic Revenue Mix of Top Players
Figure 68 Apple Incorporation: Company Snapshot
Figure 69 Google Inc.: Company Snapshot
Figure 70 Intel Corporation: Company Snapshot
Figure 71 Microchip Technology Inc.: Company Snapshot
Figure 72 Microsoft Corporation: Company Snapshot
Figure 73 Qualcomm: Company Snapshot
Figure 74 Infineon Technologies AG: Company Snapshot
Figure 75 Omnivision Technologies, Inc.: Company Snapshot

According to the MarketsandMarkets forecast, the gesture recognition & touchless sensing market, in terms of value, is expected to grow from USD 5.15 Billion in 2015 to USD 23.55 Billion by 2022, at a CAGR of 28.2% between 2015 and 2020. The gesture recognition software can be installed in any camera-enabled device. The price of gesture-enabling software is low. New gesture-enabling technologies such as ultrasonic or near electric field are not cost-intensive and integrating the required hardware is easy. Hence, the low cost of this technology would be a major driver to gain initial traction.

The scope of this report covers the gesture recognition & touchless sensing market on the basis of technology, vertical, product, and geography. The market for the automotive vertical is expected to grow at the highest CAGR. The application in the consumer electronics held a major share of the overall gesture recognition market, with the commercialization of the technology in smartphones, tablets, smart TVs, set-top boxes, and gaming consoles.

The touchless gesture recognition market is estimated to grow at the highest CAGR during the forecast period. Touchless and vision-based technologies enable gesture recognition in devices through the analysis of 2D or 3D data from a device using certain components such as 2D or 3D cameras, infrared sensor arrays, capacitive screens. The enhanced user experience of touchless gesture control products is gaining popularity day by day, thereby the touchless gesture recognition market is expected to grow rapidly.

On a global level, APAC is expected rank first in the gesture recognition market and third in the touchless sensing market during the forecast period. The biometrics market in APAC is set to grow due to technological advancements, increased awareness amongst masses, and lowered costs. As organizations become more security-conscious, biometric solutions are expected to grow in terms of usage and importance. APAC is the fastest-growing region in terms of technological advancement, infrastructure, healthcare, and so on. China and India are the fastest growing economies in the world. As far as technology is concerned, APAC has always been in the competition. In countries such as China, Japan, and South Korea, governments give prime importance to the security aspect. There are numerous initiatives implemented in these countries for the security of citizens.

Also, in consumer electronics and automotive segments, APAC accounts for the largest share; this would create a huge potential for the application of gesture recognition solutions in this region.

Gesture Recognition & Touchless Sensing Market

However, the high replacement cost and user resistance act as major restraints for the growth of this market. Products offered in the touchless biometric market are generally more expensive than the conventional touch-based biometric solutions, which is one of the main challenges it would face in the near future. The major vendors in the gesture recognition & touchless sensing market include Apple Inc. (U.S.), Intel Corp. (U.S.), Google Inc. (U.S.), Microsoft Corp. (U.S.), and Qualcomm Inc. (U.S.). These players adopted various strategies such as new product developments, mergers, partnerships, collaborations, and business expansion to grow in the gesture recognition & touchless sensing market.

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