Gesture Recognition Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2023-28

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Global Gesture Recognition Market Research Report:

The latest report by IMARC, titled “ GestureRecognitionMarket:GlobalIndustryTrends,Share,Size,Growth,OpportunityandForecast2 023-2028

” finds that the global gesture recognition market reached a value of US$ 13.3 Billion in 2022.

Gesture recognition is a computing process that recognizes and interprets human gestures through the use of mathematical algorithms. It uses computer vision technology and deep learning algorithms to understand the underlying pattern, interpret sign language, and deploy it on the cloud for enhanced scalability and computing power.

The motion sensors in gesture recognition technology perceive and interpret movements as the primary source of data input and provide the computer with an alternative user interface for real-time data. Gesture recognition is designed to increase the interaction between humans and computers through the use of touch screens, cameras, and peripheral devices.

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Global Gesture Recognition Market Trends:

The market is primarily driven by the increasing demand for advanced methods of contact-free authentication. As a result, gesture recognition technology is widely adopted across various end use industries, including automotive, consumer electronics, and healthcare, for performing contactless tasks. For instance, gesture recognition offers contactless navigation of X-ray displays and magnetic resonance imaging (MRI) in the healthcare industry. In addition to this, the market growth is also supported by the development of prototypes that are easy to use and understand and more cost-effective than traditional interface devices like keyboards and mouse.

Moreover, the integration of the Internet of Things (IoT) and the shift towards e-learning solutions are also propelling the market growth. Furthermore, rapid digitization, inflating per capita income, rising use of smart devices and customization in the automotive industry are some of the other factors increasing the demand for gesture recognition systems. Looking forward, the market is expected to grow at a CAGR of 22.8% during the forecast period (2023-2028).

Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).

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MarketSummary:

BreakupbyTechnology:

• Touch-Based

• Touchless

BreakupbyEndUseIndustry:

• Consumer Electronics

• Automotive

• Aerospace and Defense

• Healthcare

• Others

BreakupbyRegion:

• North America

• United States

• Canada

• Asia-Pacific

• China

• Japan

• India

• South Korea

• Australia

• Indonesia

• Others

• Europe

• Germany

• France

• United Kingdom

• Italy

• Spain

• Russia

• Others

• Latin America

• Brazil

• Mexico

• Others

• Middle East and Africa

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CompetitiveLandscapewithKeyPlayers:

• Apple Inc.

• Cognitec Systems GmbH

• EyeSight Technologies Ltd

• Infineon Technologies AG

• Intel Corporation

• Microchip Technology Incorporated

• Microsoft Corporation

• QUALCOMM Incorporated

• Sony Corporation

• Synaptics Incorporated

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