The global gesture recognition market is estimated to grow at a significant CAGR of over 20% during the forecast period. The driving factors for the global gesture recognition market include ease of adoption due to low technical complexity for end-users, the surging application of gesture control features in automobiles, favorable programs deployed by government, increasing digitalization across industries, and adoption of touchless sanitary solutions.
To Request a Sample of our Report on Global Gesture Recognition Market : https://www.omrglobal.com/request-sample/gesture-recognition-market
The key players that are dominating the global gesture recognition market include Microsoft Corp., Infineon Technologies AG, Jabil Inc., Qualcomm Inc., Sony Corp., Intel Corp., IrisGuard Inc., Eyesight Technologies Ltd., Microchip Technology Inc., and others. The companies are constantly contributing to attract customers and also to stay competitive in the market. The companies are focusing on geographical expansion, mergers & acquisitions, finding a new market or innovate in their core competency in order to expand individual market share.
(Get 15% Discount on Buying this Report)
Browse for Full Report Description at: https://www.omrglobal.com/industry-reports/gesture-recognition-market
For instance, In August 2018, Qualcomm, a smartphone chip manufacturer, acquired the novel gesture recognition technology, GestureTek that allows smartphones to get native support for gesture-based control, that allows Qualcomm to gain access to gesture recognition technology that can be utilized to power future devices so as to give them better control on human gestures.
In addition, the government plays an important role in the growth of the global gesture recognition market. For instance, in November 2019, the Indian government deployed an AI-enabled platform, named Jarvis, in more than 70 prisons in Uttar Pradesh. Jarvis detects the gestures including frisking of inmates or visitors by officials, crowd analysis, acts of violence and detection of prison breaches or unauthorized access. If the platform picks up any violation or illegal activities that it is supposed to flag, it will notify the prison authorities, so they can act swiftly.
Current Market Trends Covered in the Market Report :-
Increased spending and preferences on the safety and hygiene products by consumers is likely to positively affect the gesture recognition market growth
The launching of new products along with the geographical expansions will be the key strategy of the players
The North American region to have a significant share in the global gesture recognition market.
Global Gesture Recognition Market - Segmentation
By Type
Touch-Based Gesture Recognition
Touchless Gesture Recognition
By Application
Consumer Electronics
Security
Automotive
Others
Global Gesture Recognition Market – Segment by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
Reasons to Buying From us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/gesture-recognition-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email:
[email protected]
Contact no: +91 780-304-0404
Company Name: Orion Market Research