Gesture Recognition and Touchless Sensing Market by Technology (Touch-based and Touchless), Product (Sanitary Equipment, Touchless Biometric), Industry, and Geography - Global Forecast to 2022

The gesture recognition market is expected to be worth USD 18.98 Billion by 2022, growing at a CAGR of 29.63% between 2017 and 2022. The touchless sensing market is expected to be worth USD 15.27 Billion by 2022, growing at a CAGR of 17.44% between 2017 and 2022.

The objective of this report is to define, describe, and forecast the market size and growth potential of the gesture recognition and touchless sensing market across different segments such as gesture recognition market by technology, and industry; and touchless sensing market by technology, product and industry. This report also includes the forecast of the market size, in terms of value, with respect to four main geographies—Americas, Europe, Asia-Pacific (APAC), and Rest of the World (RoW). The study identifies and analyzes the market dynamics such as drivers, restraints, opportunities, and industry-specific challenges in the gesture recognition and touchless sensing market. The report also profiles the key players operating in the gesture recognition and touchless sensing market. The base year considered for this report is 2016, and the forecast period for the market has been considered between 2017 and 2022. The growth of this market is driven by the factors such as surging application of gesture control features in automobiles, increasing digitalization across industries, favorable programs deployed by government, and reduction of hygiene concerns due to the presence of touchless sanitary solutions.

The research methodology used to estimate and forecast the market begins by capturing the revenues of the key players and their share in the market. Few organizations associated with the market include IEEE Xplore, International Biometric Industry association (IBIA), European Association for Biometrics (EAB), and International Civil Aviation Organization (ICAO). Calculations based on the revenue of the key players has led to the overall market size. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have then been verified through primary research by conducting extensive interviews with industry experts such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of the profiles of the primary respondents is depicted in the following figure:

To know about the assumptions considered for the study, download the pdf brochure

The value chain of the overall gesture recognition and touchless sensing market includes various activities and factors that help achieve a high level of performance with respect to a service or a product. The key players operating across the value chain of the gesture recognition and touchless sensing market are Infineon Technologies AG (Germany), Qualcomm Technologies, Inc. (U.S.), eyeSight Technologies Ltd (Israel), Cognitec Systems GmbH (Germany), Intel Corporation (U.S.), Crossmatch(U.S.), Elliptic Labs (Norway), PointGrab (Israel), Google, Inc. (U.S.), Apple, Inc. (U.S.), Microsoft Corporation (U.S.), Microchip Technology, Inc. (U.S.), OmniVision Technologies Inc. (U.S.), Sony Corporation (Japan) and pmd technologies ag (Germany).

Key Target Audience:

• Component and equipment suppliers
• Original equipment manufacturers (OEMs)
• Original design manufacturers (ODMs)
• Installers and maintenance service providers
• Research organizations
• Component integrators
• Technology providers

Scope of the Report:

The gesture recognition and touchless sensing market has been covered in detail in this report. To provide a holistic picture, the current market demand and forecasts have also been included in the report. In this report, the market has been segmented as follows:

Gesture Recognition Market, by Technology

• Touch-based Gesture Recognition
  • Multi Touch Systems
  • Motion Gesture
• Touchless Gesture Recognition
  • Capacitive/Electric Field
  • Infrared Array
  • Ultrasonic Technology
  • 2D Camera Based
  • 3D Vision Technologies
    • Stereoscopic
    • Structured Lighting
    • Time-of-Flight
    • Laser Triangulation

Gesture Recognition Market, by Industry

• Automotive
• Consumer Electronics
  • Smartphones
  • Laptops and Tablets
  • Gaming Console
  • Smart TV
  • Set-Top Box
  • Head Mount Display (HMD)
  • Others

Touchless Sensing Market, by Technology

• RFID Technology
• Camera-based Technology
• Sensors
• Voice Assistance
• Others

Touchless Sensing Market, by Product

• Sanitary Equipment Market
  • Touchless faucets
  • Touchless soap dispensers
  • Touchless paper towel dispensers
  • Touchless trashcans
  • Hand dryers
•  Touchless Biometric Market
  • Touchless fingerprint recognition
  • Iris recognition
  • Face recognition system
  • Voice recognition
• Others

Touchless Sensing Market, by Industry

• Consumer Electronics
• Government
• Finance and Banking
• Healthcare
• Automotive
• Others

Geographic Analysis of the Gesture Recognition and Touchless Sensing Market:

• Americas
• Europe
• Asia-Pacific (APAC)
• Rest of the World (RoW)

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

• Country-wise breakdown of all regions by application
• Detailed analysis and profiling of additional five market players

Table of Contents

1 Introduction (Page No. - 17)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Years Considered for the Study
    1.4 Currency and Pricing
    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 List of Major Secondary Sources
                    2.1.1.2 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Breakdown of Primaries
                    2.1.2.3 Key Data From Primary Sources
    2.2 Secondary and Primary Research
           2.2.1 Key Industry Insights
    2.3 Market Size Estimation
           2.3.1 Bottom-Up Approach
                    2.3.1.1 Approach for Capturing the Market Share By Bottom-Up Analysis (Demand Side)
           2.3.2 Top-Down Approach
                    2.3.2.1 Approach for Capturing the Market Share By Top-Down Analysis (Supply Side)
    2.4 Market Breakdown and Data Triangulation
    2.5 Process Flow of Market Size Estimation
    2.6 Research Assumptions

3 Executive Summary (Page No. - 31)

4 Premium Insights (Page No. - 38)
    4.1 Attractive Opportunities in the Gesture Recognition Market
    4.2 Gesture Recognition Market, By Technology
    4.3 Gesture Recognition Market in APAC
    4.4 Touchless Sensing Market, By Geography
    4.5 Touchless Sensing Market, By Industry

5 Market Overview (Page No. - 42)
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 Gesture Recognition Market, By Technology
           5.2.2 Gesture Recognition Market, By Industry
           5.2.3 Touchless Sensing Market, By Technology
           5.2.4 Touchless Sensing Market, By Product
           5.2.5 Touchless Sensing Market, By Industry
    5.3 Market Dynamic: Gesture Recognition Market
           5.3.1 Drivers
                    5.3.1.1 Ease of Adoption Due to Low Technical Complexity for End Users
                    5.3.1.2 Surging Application of Gesture Control Features in Automobiles
                    5.3.1.3 Growing Rate of Adoption By Oems
                    5.3.1.4 Increasing Digitization Across Industries
           5.3.2 Restraints
                    5.3.2.1 Absence of Haptic Sensation
                    5.3.2.2 Comparatively High Power Consumption
           5.3.3 Opportunities
                    5.3.3.1 Technological Innovations in Automobile and Healthcare Industries
                    5.3.3.2 Combining Various Gesture Control Technologies at A Common Platform
           5.3.4 Challenges
                    5.3.4.1 Complex Framework for Manufacturers
    5.4 Market Dynamics: Touchless Sensing Market
           5.4.1 Drivers
                    5.4.1.1 Favorable Programs Deployed By Government
                    5.4.1.2 Reduction of Hygiene Concerns Due to Presence of Touchless Sanitary Solutions
                    5.4.1.3 Gradually Diversifying Scope in Multiple Industries
           5.4.2 Restraints
                    5.4.2.1 Comparatively Higher Replacement Expenses
           5.4.3 Opportunities
                    5.4.3.1 Advanced Touchless Biometric Solutions With Upgraded Tracking and Controlling Functionalities
                    5.4.3.2 Deployment of Touchless Sanitary Equipment Across Commercial and Residential Application
           5.4.4 Challenge
                    5.4.4.1 Relatively High-End Products

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 End-User Devices
           6.2.2 Touchless Sensing
    6.3 Porter’s Five Forces Analysis
           6.3.1 Bargaining Power of Suppliers
           6.3.2 Bargaining Power of Buyers
           6.3.3 Threat of New Entrants
           6.3.4 Threat of Substitutes
           6.3.5 Intensity of Competitive Rivalry

7 Gesture Recognition Market, By Technology (Page No. - 64)
    7.1 Introduction
    7.2 Touch-Based Gesture Recognition
           7.2.1 Multi-Touch System
           7.2.2 Motion Gesture
    7.3 Touchless Gesture Recognition
           7.3.1 Capacitive/Electric Field
           7.3.2 Infrared Array
           7.3.3 Ultrasonic Technology
           7.3.4 2D Camera-Based Technology
           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 Laser Triangulation

8 Gesture Recognition Market, By Industry (Page No. - 78)
    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 Head-Mount Display (HMD)
           8.3.7 Others
    8.4 Healthcare
    8.5 Advertisement & Communication
    8.6 Defense
    8.7 Others

9 Touchless Sensing Market, By Technology (Page No. - 89)
    9.1 Introduction
    9.2 Rfid Technology
    9.3 Camera-Based Technology
    9.4 Sensors
    9.5 Voice Assistance
    9.6 Others

10 Touchless Sensing Market, By Product (Page No. - 98)
     10.1 Introduction
             10.1.1 Touchless Sanitary Equipment
                        10.1.1.1 Touchless Faucets
                        10.1.1.2 Touchless Soap Dispensers
                        10.1.1.3 Touchless Towel Dispensers
                        10.1.1.4 Touchless Trashcans
                        10.1.1.5 Hand Dryers
             10.1.2 Touchless Biometric
                        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 Industry (Page No. - 111)
     11.1 Introduction
     11.2 Consumer Electronics
     11.3 Government
     11.4 Finance and Banking
     11.5 Healthcare
     11.6 Automotive
     11.7 Others

12 Geographic Analysis (Page No. - 119)
     12.1 Introduction
     12.2 Americas
             12.2.1 The U.S.
             12.2.2 Canada
             12.2.3 Mexico
             12.2.4 South America
     12.3 Europe
             12.3.1 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 Rest of APAC
     12.5 Rest of the World

13 Competitive Landscape (Page No. - 138)
     13.1 Introduction
     13.2 Ranking Analysis for the Gesture Recognition and Touchless Sensing Market, 2016
     13.3 Competitive Scenario and Trends
     13.4 Developments
             13.4.1 New Product Launches/Developments
             13.4.2 Contracts, Partnerships, and Agreements
             13.4.3 Mergers and Acquisitions
             13.4.4 Product Expansions

14 Company Profiles (Page No. - 147)
(Company at A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments)*
     14.1 Introduction
     14.2 Microsoft Corporation
     14.3 Intel Corporation
     14.4 Google, Inc.
     14.5 Apple, Inc.
     14.6 Qualcomm Technologies, Inc.
     14.7 Infineon Technologies AG
     14.8 Microchip Technology, Inc.
     14.9 Omnivision Technologies, Inc.
     14.10 Sony Corporation
     14.11 Eyesight Technologies Ltd.
     14.12 Cognitec Systems GmbH
     14.13 Crossmatch
     14.14 Elliptic Labs
     14.15 Pointgrab
     14.16 Pmdtechnologies AG
     14.17 Key Innovators
             14.17.1 Oblong Industries
             14.17.2 Xyz Interactive Technologies, Inc.
             14.17.3 Gesture Research
             14.17.4 Meta

*Details on Company at A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments Might Not Be Captured in Case of Unlisted Companies.

15 Appendix (Page No. - 184)
     15.1 Insights of Industry Experts
     15.2 Discussion Guide
     15.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     15.4 Introducing RT: Real-Time Market Intelligence
     15.5 Available Customizations
     15.6 Related Reports
     15.7 Author Details

List of Tables (75 Tables)

Table 1 Advanced Gesture Control Features Would Lead to an Enhanced User Experience
Table 2 Competition is High Amongst Companies With Advanced Smart TV and Smartphone Features
Table 3 Touchless Sanitary Equipment is Hygienic and Environmentally Friendly
Table 4 Porter’s Five Forces Analysis: Overall Impact on the Market Was Medium in 2016
Table 5 Gesture Recognition Market, By Technology, 2014–2022 (Million USD)
Table 6 Touch-Based Gesture Recognition Market, By Technology, 2014–2022 (USD Million)
Table 7 Touchless Gesture Recognition Market, By Technology, 2014–2022 (USD Million)
Table 8 Gesture Recognition Market in Consumer Electronics, By Technology, 2014–2022 (USD Million)
Table 9 Touchless Gesture Recognition Market in Consumer Electronics, By Technology, 2014–2022 (USD Million)
Table 10 Capacitive/Electric Field Technology Market, By Product, 2014–2022 (USD Million)
Table 11 Capacitive/Electric Field Technology Market, By Product, 2014-2022 (Million Units)
Table 12 Infrared Array Technology Market, By Product, 2014–2022 (USD Million)
Table 13 Infrared Array Technology Market, By Product, 2014-2022 (Million Units)
Table 14 Ultrasonic Technology Market, By Product, 2014–2022 (USD Million)
Table 15 Ultrasonic Technology Market, By Product, 2014-2022 (Million Units)
Table 16 2D Camera-Based Technology Market, By Product, 2014–2022 (USD Million)
Table 17 2D Camera-Based Technology Market, By Product, 2014-2022 (Million Units)
Table 18 3D Vision Technologies Market, By Product, 2014–2022 (USD Million)
Table 19 3D Vision Technologies Market, By Product 2014-2022 (Million Units)
Table 20 Gesture Recognition Market, By Industry, 2014–2022 (USD Million)
Table 21 Gesture Recognition Market for Automotive Industry, By Region, 2014–2022 (USD Million)
Table 22 Gesture Recognition Market Size, in Terms of Value and Volume, for Consumer Electronics Industry, 2014-2022
Table 23 Gesture Recognition Market for Consumer Electronics Industry, By Region, 2014–2022 (USD Million)
Table 24 Gesture Recognition Market for Consumer Electronics Industry, By Product, 2014–2022 (USD Million)
Table 25 Gesture Recognition Market for Healthcare Industry, By Region, 2014–2022 (USD Million)
Table 26 Gesture Recognition Market for Advertisement & Communication Industry, By Region, 2014–2022 (USD Million)
Table 27 Gesture Recognition Market for Defense Industry, By Region, 2014–2022 (USD Million)
Table 28 Gesture Recognition Market for Others, By Region, 2014–2022 (USD Million)
Table 29 Touchless Sensing Market, By Technology, 2014–2022 (USD Million)
Table 30 Touchless Sensing Market for Rfid Technology, By Industry, 2014–2022 (USD Million)
Table 31 Touchless Sensing Market for Camera-Based Technology, By Industry, 2014–2022 (USD Million)
Table 32 Touchless Sensing Market for Sensor Technology, By Industry, 2014–2022 (USD Million)
Table 33 Touchless Sensing Market for Voice Assistance Technology, By Industry, 2014–2022 (USD Million)
Table 34 Touchless Sensing Market for Other Technologies, By Industry, 2014–2022 (USD Million)
Table 35 Touchless Sensing Market, By Product, 2014–2022 (USD Million)
Table 36 Touchless Sanitary Equipment Market, By Type, 2014–2022 (USD Million)
Table 37 Touchless Sanitary Equipment Market, By Type, 2014–2022 (Million Units)
Table 38 Touchless Sanitary Equipment Market, By Region, 2014–2022 (USD Million)
Table 39 Touchless Faucets Market, By Region, 2014–2022 (USD Million)
Table 40 Touchless Soap Dispenser Market, By Region, 2014–2022 (USD Million)
Table 41 Touchless Towel Dispenser Market, By Region, 2014–2022 (USD Million)
Table 42 Touchless Trashcans Market, By Region, 2014–2022 (USD Million)
Table 43 Hand Dryers Market, By Region, 2014–2022 (USD Million)
Table 44 Touchless Biometric Market, By Type, 2014–2022 (USD Million)
Table 45 Touchless Biometric Market, By Region, 2014–2022 (USD Million)
Table 46 Touchless Fingerprint Recognition Market, By Region, 2014–2022 (USD Million)
Table 47 Iris Recognition Market, By Region, 2014–2022 (USD Million)
Table 48 Face Recognition Market, By Region, 2014–2022 (USD Million)
Table 49 Voice Recognition Market, By Region, 2014–2022 (USD Million)
Table 50 Other Equipment Market, By Region, 2014–2022 (USD Million)
Table 51 Touchless Sensing Market, By Industry, 2014–2022 (USD Million)
Table 52 Touchless Sensing Market for Consumer Electronics, By Technology, 2014–2022 (USD Million)
Table 53 Touchless Sensing Market for Government, By Technology, 2014–2022 (USD Million)
Table 54 Touchless Sensing Market for Finance & Banking, By Technology, 2014–2022 (USD Million)
Table 55 Touchless Sensing Market for Healthcare, By Technology, 2014–2022 (USD Million)
Table 56 Touchless Sensing Market for Automotive, By Technology, 2014–2022 (USD Million)
Table 57 Touchless Sensing Market for Other Industries, By Technology, 2014–2022 (USD Million)
Table 58 Gesture Recognition Market, By Region, 2014–2022 (USD Million)
Table 59 Touchless Sensing Market, By Region, 2014–2022 (USD Million)
Table 60 Gesture Recognition Market in the Americas, By Country, 2014–2022 (USD Million)
Table 61 Gesture Recognition Market in the Americas, By Industry, 2014–2022 (USD Million)
Table 62 Touchless Sensing Market in the Americas, By Country, 2014–2022 (USD Million)
Table 63 Gesture Recognition Market in Europe, By Country, 2014–2022 (USD Million)
Table 64 Gesture Recognition Market in Europe, By Industry, 2014–2022 (USD Million)
Table 65 Touchless Sensing Market in Europe, By Country, 2014–2022 (USD Million)
Table 66 Gesture Recognition Market in APAC, By Country, 2014–2022 (USD Million)
Table 67 Gesture Recognition Market in APAC, By Industry, 2014–2022 (USD Million)
Table 68 Touchless Sensing Market in APAC, By Country, 2014–2022 (USD Million)
Table 69 Gesture Recognition Market in RoW, By Country, 2014–2022 (USD Million)
Table 70 Gesture Recognition Market in RoW, By Industry, 2014–2022 (USD Million)
Table 71 Touchless Sensing Market in RoW, By Country, 2014–2022 (USD Million)
Table 72 New Product Launches/Developments, 2016–2017
Table 73 Contracts, Partnerships, and Agreements, 2015–2016
Table 74 Mergers and Acquisitions, 2014–2016
Table 75 Product Expansions, 2016

List of Figures (76 Figures)

Figure 1 Gesture Recognition Market Segmentation
Figure 2 Touchless Sensing Market Segmentation
Figure 3 Research Design for Gesture Recognition Market
Figure 4 Research Design for Touchless Sensing Market
Figure 5 Data Triangulation
Figure 6 Growth of Gesture Recognition Market Upto 2022
Figure 7 Growth of Touchless Sensing Market Upto 2022
Figure 8 Touch-Based Technology Expected to Hold the Largest Size of the Gesture Recognition Market During the Forecast Period
Figure 9 Consumer Electronics Industry Estimated to Hold the Largest Size of the Gesture Recognition Market During the Forecast Period
Figure 10 Touchless Sanitary Equipment Expected to Grow at the Highest Rate in the Touchless Sensing Market During the Forecast Period
Figure 11 APAC Held the Largest Share of the Gesture Recognition Market in 2016
Figure 12 Americas Held the Largest Share of the Touchless Sensing Market in 2016
Figure 13 High Rate of Adoption of Gesture-Based System is Expected Between 2017 and 2022
Figure 14 Market for Touchless Technology Expected to Grow at the Highest Rate During the Forecast Period
Figure 15 Consumer Electronics Industry Held the Largest Share of Gesture Recognition Market in APAC in 2016
Figure 16 U.S. Dominated the Touchless Sensing Market in 2016
Figure 17 Automotive Industry to Grow at the Highest Rate in the Touchless Sensing Market During the Forecast Period
Figure 18 Gesture Recognition and Touchless Sensing Market, By Geography
Figure 19 Gesture Recognition Market Dynamics
Figure 20 Touchless Sensing Market Dynamics
Figure 21 Gesture Recognition Market: Major Value Added During Component Manufacturing and Key Technology Providing Phases
Figure 22 Touchless Sensing Market: Major Value Added During System Integrating and Complete Solution Providing Phases
Figure 23 Porter’s Five Forces Analysis for the Gesture Recognition & Touchless Sensing Market
Figure 24 Porter’s Five Forces Analysis, 2016
Figure 25 Bargaining Power of Suppliers is Estimated to Be Medium in 2016
Figure 26 Bargaining Power of Buyers is Estimated to Be Low in 2016
Figure 27 Threat of New Entrants is Estimated to Be Medium in 2016
Figure 28 Threat of Substitutes is Estimated to Be Medium in 2016
Figure 29 Intensity of Competitive Rivalry is Estimated to Be High in 2016
Figure 30 Gesture Recognition Market, By Technology
Figure 31 Touch-Based Technology is Expected to Hold the Largest Share in the Gesture Recognition Market During the Forecast Period
Figure 32 3D Vision Technologies Expected to Surpass All the Other Technologies in the Consumer Electronics Market By 2022
Figure 33 Smartphone Segment Expected to Hold the Largest Share in the 2D Camera-Based Technology Market During the Forecast Period
Figure 34 Laser Triangulation Working Principle
Figure 35 Gesture Recognition Market, By Industry
Figure 36 Consumer Electronics Industry Expected to Hold the Largest Share in the Gesture Recognition Market During the Forecast Period
Figure 37 APAC is Expected to Grow at the Highest Rate in the Gesture Recognition Market for Consumer Electronics Industry During the Forecast Period
Figure 38 Americas Expected to Hold the Largest Share in Gesture Recognition Market for Healthcare Industry During the Forecast Period
Figure 39 Touchless Sensing Market, By Technology
Figure 40 Sensors Held the Largest Share of the Touchless Sensing Market in 2016
Figure 41 Automotive Industry is Expected to Register the Highest Growth Rate in the Camera-Based Technology Market During the Forecast Period
Figure 42 Touchless Sensing Market, By Product
Figure 43 Touchless Biometric Products are Estimated to Have the Largest Share in the Touchless Sensing Market During the Forecast Period
Figure 44 APAC is Estimated to Grow at the Highest Rate in the Touchless Faucets Market During the Forecast Period
Figure 45 Iris Recognition is Expected to Grow at the Highest Rate in the Touchless Biometric Market During the Forecast Period
Figure 46 Touchless Sensing Market, By Industry
Figure 47 Government Sector is Expected to Dominate the Touchless Sensing Market During the Forecast Period
Figure 48 Voice Assistance Technology is Expected to Grow at the Highest Rate During the Forecast Period
Figure 49 Gesture Recognition and Touchless Sensing Market, By Geography
Figure 50 Geographic Snapshot of the Gesture Recognition Market, 2017–2022
Figure 51 Gesture Recognition and Touchless Sensing Market in Americas
Figure 52 Snapshot of Gesture Recognition and Touchless Sensing Market in the Americas, 2017
Figure 53 Gesture Recognition and Touchless Sensing Market in the Europe
Figure 54 Snapshot of Gesture Recognition and Touchless Sensing Market in Europe, 2017
Figure 55 Gesture Recognition and Touchless Sensing Market in APAC
Figure 56 Snapshot of Gesture Recognition and Touchless Sensing Market in APAC, 2017
Figure 57 Gesture Recognition and Touchless Sensing Market in RoW
Figure 58 Snapshot of Gesture Recognition and Touchless Sensing Market in RoW, 2017
Figure 59 Key Growth Strategies Adopted By the Leading Players During 2014–2017
Figure 60 Market Evaluation Framework
Figure 61 Battle for the Market Share: New Product Launches/Developments as the Key Strategy Between 2014 and 2017
Figure 62 Geographic Revenue Mix of Top Players
Figure 63 Microsoft Corporation: Company Snapshot
Figure 64 Microsoft Corporation: SWOT Analysis
Figure 65 Intel Corporation: Company Snapshot
Figure 66 Intel Corporation: SWOT Analysis
Figure 67 Google, Inc.: Company Snapshot
Figure 68 Google, Inc.: SWOT Analysis
Figure 69 Apple, Inc.: Company Snapshot
Figure 70 Apple Inc.: SWOT Analysis
Figure 71 Qualcomm Technologies, Inc.: Company Snapshot
Figure 72 Qualcomm Technologies, Inc.: SWOT Analysis
Figure 73 Infineon Technologies AG: Company Snapshot
Figure 74 Microchip Technology, Inc.: Company Snapshot
Figure 75 Omnivision Technologies, Inc.: Company Snapshot
Figure 76 Sony Corporation: Company Snapshot

According to the MarketsandMarkets forecast, the gesture recognition market is expected to be worth USD 18.98 Billion by 2022, growing at a CAGR of 29.63% between 2017 and 2022. The touchless sensing market is expected to be worth USD 15.27 Billion by 2022, growing at a CAGR of 17.44% between 2017 and 2022. The major drivers for the market include the surging application of gesture control features in automobiles, increasing digitalization across industries, favorable programs deployed by government, and reduction of hygiene concerns due to presence of touchless sanitary solutions.

The report covers the gesture recognition market on the basis of technology, industry, and geography; whereas touchless sensing market is based on technology, product, industry, and geography. The study identifies and analyzes the market dynamics such as drivers, restraints, opportunities, and industry-specific challenges for the market. The report also profiles the key players operating in the gesture recognition and touchless sensing market.

The touch-based gesture recognition technology held a larger share of the gesture recognition market in 2016 due to the larger customer base for touch-based devices. There are two types of touch-based gesture recognition technologies—multi-touch and motion gesture. These technologies allow a user to make a certain gesture by touching a device or through a controller connected to the device.

In the gesture recognition market, the consumer electronics industry held the largest share in 2016, while the healthcare industry is expected to grow at the highest rate during the forecast period. The increased hygiene concern across the healthcare industry is expected to have a major influence on the gesture recognition market and would accelerate the adoption of gesture control devices throughout the forecast period. Therefore, the convenience associated with the gesture control devices is expected to influence the healthcare industry during the forecast period.

Asia-Pacific (APAC) dominates the gesture recognition market and would have the highest growth rate throughout the forecast period owing to the increasing demand of consumer electronic products in this region. The growing demand for gesture-enabled products, such as smartphone, laptops and tablets, smart TVs, has propelled the growth of the gesture recognition market for the region. The touchless sensing market is led by the Americas.  This is mainly driven by large-scale funded programs such as the Visa Waiver Program (VWP) that enable people from certain countries to travel to the U.S. without a visa. The developing countries in the APAC region have a huge growth potential and provide a favorable environment for product manufacturers. Hence, the touchless sensing market in APAC is expected to grow at the highest rate during the forecast period.
The complex framework of gesture recognition technology may appear as a challenge for manufacturers in the gesture recognition market. Similarly, dealing with relatively high-end biometric products may pose a challenge for manufacturers and end users in the touchless sensing market.

The major vendors in the gesture recognition and touchless sensing market are Infineon Technologies AG (Germany), Qualcomm Technologies, Inc. (U.S.), eyeSight Technologies Ltd (Israel), Cognitec Systems GmbH (Germany), Intel Corporation (U.S.), Crossmatch(U.S.), Elliptic Labs (Norway), PointGrab (Israel), Google, Inc. (U.S.), Apple, Inc. (U.S.), Microsoft Corporation (U.S.), Microchip Technology, Inc. (U.S.), OmniVision Technologies Inc. (U.S.), Sony Corporation (Japan) and pmd technologies ag (Germany). These players have adopted various strategies, such as new product launches and developments, contracts, acquisitions, partnerships, and business expansions, to cater to the needs of the market.

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