PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1459063
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1459063
Gesture Recognition
Global Gesture Recognition Market to Reach $48.3 Billion by 2030
The global market for Gesture Recognition estimated at US$14 Billion in the year 2023, is expected to reach US$48.3 Billion by 2030, growing at a CAGR of 16.8% over the period 2023-2030. Touch-Based Gesture Recognition Technology, one of the segments analyzed in the report, is expected to record 11.8% CAGR and reach US$17.3 Billion by the end of the analysis period. Growth in the Touchless Gesture Recognition Technology segment is estimated at 20.7% CAGR for the next 8-year period.
The U.S. Market is Estimated at $3.3 Billion, While China is Forecast to Grow at 18.6% CAGR
The Gesture Recognition market in the U.S. is estimated at US$3.3 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$11 Billion by the year 2030 trailing a CAGR of 18.6% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 14.9% and 16.3% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 15.1% CAGR.
Introducing Our Exciting New Report Features for 2024
Full access to influencer engagement stats
Free access to our digital archives & "MarketGlass" research platform. Our proprietary MarketGlass platform is fully enabled to unlock creativity and market knowledge of domain experts worldwide in a cohesive and collaborative manner. Our state-of-art tools bring world class market perspectives while protecting participants` privacy and identity. Numbers, statistics and market narrative in the report are based on fully curated insights shared by domain experts and influencers in this space.
Opportunity to engage with interactive questionnaires that come with real-time data simulator tools & bespoke report generation capabilities
Full client access to peer collaborative and interactive platform for cross-enterprise smart exchange of ideas
Complimentary report updates for one year
Competitor coverage with global market shares of major players
Player market presence analysis (Strong/Active/Niche/Trivial) across multiple geographies
Access to curated YouTube video transcripts of domain experts/influencer interviews, podcasts, press statements and event keynotes
TABLE OF CONTENTS
I. METHODOLOGY
II. EXECUTIVE SUMMARY
- 1. MARKET OVERVIEW
- Gesture Recognition - Global Key Competitors Percentage Market Share in 2023 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
- Importance of HMI in the Age of Digitalization Provides the Foundation for Growth in the Gesture Recognition Market
- The World Witnesses Accelerated Digitalization
- Role of HMI in a Digital World Becomes Bigger
- As the Universal Feature for all Electronic & Digital Devices, the Focus on HMI to Benefit Gesture Recognition Technology Amid the Rising Wave of Digitalization: Global Digital Transformation Opportunity (In US$ Billion) for the Years
- Touchless Sensing & Gesture Control is the Next Milestone for HMIs in the Post-Pandemic Phase
III. MARKET ANALYSIS
IV. COMPETITION
