Gesture Recognition and Touchless Sensing Market Projected to Hamper the Growth by 2025

Global Gesture Recognition and Touchless Sensing Market: Overview

Gesture recognition and touchless sensing has become a crucial part of the current technological scenario in recent years. The rising use of smartphones and other smart devices, particularly in urban centers, has propelled the adoption of gesture recognition and touchless sensing technology in recent years. Gesture recognition began as a helpful feature in smartphones, but the vast potential of the technology wasn’t ignored for long. With the rising demand for smart homes and the various components thereof, steady development of gesture recognition and touchless sensing technology is expected in the coming years.

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Global Gesture Recognition and Touchless Sensing Market: Key Trends

One of the prime trends in the global gesture recognition and touchless sensing market is the rising adoption of gesture recognition technology in automotive design. The automotive industry has undergone a significant change in the last few decades due to the steady development of the automotive electronics sector. Several types of automobiles now feature gesture recognition and touchless sensing technology in some form. Thanks to the rising demand for smart car and autonomous car technology, this is likely to play a key role in the development of the global gesture recognition and touchless sensing market in the coming years.

The rising demand for digital resources in an increasing number of industries is another key driver for the global gesture recognition and touchless sensing market. The digitization of the industrial sector has led to the use of gesture recognition technology in several industrial operations. The convenience of gesture recognition and touchless sensing in manufacturing and packaging processes is likely to drive the demand from the global gesture recognition and touchless sensing market in the coming years. Gesture recognition and touchless sensing technology has also benefited significantly from its steady adoption by OEMs.

On the flip side, the high cost of gesture recognition and touchless sensing technology is a key restraint on the global gesture recognition and touchless sensing market. While incorporating gesture recognition or touchless sensing in smartphones doesn’t raise the cost significantly, due to the relatively small size of individual smartphones, applying gesture recognition and touchless sensing technology is expensive when used on the scale of automobiles or smart homes. The sophistication of gesture recognition and touchless sensing technology also makes it highly power-intensive. Many users also prefer the haptic sensation provided by touchscreen technology, and thus resist switching to touchless technology.

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Global Gesture Recognition and Touchless Sensing Market: Market Potential

Touchless sensing is perfect for use in smart homes, as various gestures can be preprogrammed to correspond to certain tasks, which makes the management of the overall system more convenient. In March 2017, a Kickstarter project called Welle launched a sonar guided controller to convert human motions into IoT commands. This has large-scale applications in smart homes. Projects such as these are likely to rise in number in the coming years, with the smart homes industry set for steady progress. As a result, the smart homes industry is likely to be a key consumer of gesture recognition and touchless sensing technology in the coming years.

Global Gesture Recognition and Touchless Sensing Market: Geographical Dynamics

Asia Pacific is likely to remain the leading regional market for gesture recognition and touchless sensing technology in the coming years and is projected to exhibit a higher CAGR than the gesture recognition and touchless sensing market in North America and Europe. The booming consumer electronics industry in Asia Pacific and the rising demand for technological advances in the IoT sector are likely to ensure steady dominance of Asia Pacific in the global gesture recognition and touchless sensing market.

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Global Gesture Recognition and Touchless Sensing Market: Competitive Dynamics

The fragmented global gesture recognition and touchless sensing market could undergo some degree of consolidation in the coming years, as the conventions of the industry get concretized. Nevertheless, the complexity of the regulatory frameworks governing the development of gesture recognition and touchless sensing technology is likely to remain the key restraint on the market. Key companies in the global gesture recognition and touchless sensing market include Qualcomm Technologies Inc., Cognitec Systems GmbH, Google Inc., Infineon Technologies AG, Apple Inc., Sony Corporation, Crossmatch, and Microsoft Corporation.

Adoption of Gesture Recognition Adds New Dimension to Smartphones

San Francisco, California, February 08, 2018 – Gesture recognition is perceived as the next big thing that will take capabilities of smartphones to new heights. At its core, gesture recognition is a combination of hardware and software that interprets human motion and converts it into signals to be used for various digital purposes. Touchless sensing is another technology in rapid growth mode to bring about paradigm shift in human-machine interface. Due to the significance of gesture recognition and touchless sensing for evolution of intuitive user interfaces in electronic devices, the gesture recognition and touchless sensing market will rise at an impressive pace, says a new market study by TMR Research. The report is titled “Gesture Recognition and Touchless Sensing Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 – 2025.”

At present, hand gesture recognition is the newest user-interface advancement that smartphones are equipped with. Gestures enable users to perform specific tasks in a highly efficient and dynamic manner. Some commonly used gestures for smartphones are swipe to unlock, pull to refresh, and pinch to zoom. Leaping from basic gestures, technology companies are trying to incorporate touch-free gesture controls.

Touchless sensing is a feature that will add a whole new dimension to mobile games and applications in smartphones. Bowling, playing rock-paper-scissors, and throwing darts are some examples wherein touchless sensing enables reality-like experience.

The rising adoption of gesture recognition technology in automotive design is one of the key trends observed in the global gesture recognition and touchless sensing market. Over the past few decades, the automotive industry has witnessed remarkable growth due to development of advanced automotive electronics. Newer automotive electronics that are increasingly being installed in automobiles are equipped with gesture recognition and touchless sensing features. This allows drivers to command navigation system, entertainment systems, and window control using hand gestures without actually pressing buttons to carry out a function.

The rising adoption of digital solutions in a large number of industries is another key factor behind the growth of gesture recognition and touchless sensing market. Manufacturing units heading towards digitization are increasingly adopting in gesture recognition technology for operating machines. Industrial personnel can carry out switching on and switching off functions or even controlling the speed of machines using gesture recognition. This saves manual effort for industrial personnel. Gesture recognition is increasingly finding extensive applications in packaging processes for economic benefits, thereby benefitting the gesture recognition and touchless sensing market.

On the downside, high cost factor of gesture recognition and touchless sensing technology is acting as a challenge to the market’s growth. Nevertheless, incorporating gesture recognition in smartphones will not impact cost significantly due to the small size of smartphones. Thus, ceaseless adoption of smartphones that are equipped with newer technology by the day is likely to bode well for the growth of gesture recognition and touchless sensing market. The highly power-intensive nature of gesture recognition and touchless sensing is also slowing its adoption.

The gesture recognition and touchless sensing technology market features a fragmented competitive landscape. However, the market is anticipated to witness some degree of consolidation as the conventions in the industry get concretized. Key companies operating in the global gesture recognition and touchless sensing technology market include Qualcomm Technologies Inc., Google Inc., Apple Inc., Crossmatch, Cognitec Systems GmbH, Infineon Technologies AG, Sony Corporation, and Microsoft Corporation.

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