PUBLISHER: IMARC | PRODUCT CODE: 1347738
PUBLISHER: IMARC | PRODUCT CODE: 1347738
2D Gesture Recognition Market Report by Technology, Industry Vertical (Automotive, Consumer Electronics, Banking Financial Services and Insurance, Government, and Others), and Region 2023-2028
Market Overview:
The global 2D gesture recognition market size reached US$ 108.0 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 457.4 Million by 2028, exhibiting a growth rate (CAGR) of 25.70% during 2023-2028. The increasing adoption of the solution in the automotive industry, rapid technological advancements, significant growth in the healthcare industry, rising demand for hands-free operations, and enhanced focus on research and development (R&D) activities represent some of the key factors driving the market.
2D gesture recognition is the process of identifying and interpreting human gestures in a two-dimensional space using a camera or other imaging device. It involves the use of computer vision and machine learning (ML) techniques to recognize and analyze the motion, shape, and spatial relationships of the detected gestures. 2D gesture recognition is widely used to interpret human gestures in two dimensions, such as hand movements, finger gestures, and facial expressions. It is a faster, more convenient, and more versatile technology that helps in hands-free control, enhanced user experience, improved accessibility, and efficiency. As a result, 2D gesture recognition is extensively used across the automotive, consumer electronics, banking, financial services and insurance (BFSI), and government sectors.
2D Gesture Recognition Market Trends:
The increasing technology adoption in the automotive industry to enhance the user experience, improve driver safety, and provide intuitive control over in-car systems is one of the key factors propelling the market growth. In line with this, the widespread application of 2D gesture recognition in vehicles to activate safety features, control interior lighting systems, adjust seat positions, temperature settings, fan speed, and other climate control features is favoring the market growth. Moreover, the increasing demand for touchless interfaces and hygienic interactions to reduce the risk of spreading germs due to rising health consciousness among the masses owing to the COVID-19 pandemic is creating a positive outlook for the market. Apart from this, rapid technological advancements, such as the integration of machine learning (ML) algorithms and computer vision techniques to analyze and interpret human gestures, improve accuracy, and enable real-time recognition, are providing an impetus to the market growth. Additionally, the introduction of customizable gesture sets that enable users to personalize interactions and adapt gesture recognition systems to their specific needs and preferences is contributing to the market growth. Furthermore, the widespread technology adoption in the healthcare industry and rehabilitation settings to track and analyze patients' movements during physical therapy exercises due to the increasing need for accurate monitoring, personalized treatment plans, and improved patient outcomes are positively influencing the market growth. Other factors, rising application of 2D gesture recognition in the consumer electronics industry, increasing demand for hands-free operations, advanced focus on research and development (R&D) activities, and growing demand for natural and intuitive interaction are presenting remunerative growth opportunities for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global 2D gesture recognition market, along with forecasts at the global, regional, and country levels from 2023-2028. Our report has categorized the market based on technology and industry vertical.
Technology Insights:
Touch-Based Gesture Recognition
Touch-Less Gesture Recognition
The report has provided a detailed breakup and analysis of the 2D gesture recognition market based on technology. This includes touch-based and touch-less gesture recognition. According to the report, touch-based gesture recognition represented the largest segment.
Industry Vertical Insights:
Automotive
Consumer Electronics
Banking Financial Services and Insurance (BFSI)
Government
Others
A detailed breakup and analysis of the 2D gesture recognition market based on the industry vertical has also been provided in the report. This includes automotive, consumer electronics, banking financial services and insurance (BFSI), government, and others. According to the report, banking financial services and insurance (BFSI) accounted for the largest market share.
Regional Insights:
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
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for 2D gesture recognition. Some of the factors driving the North America 2D gesture recognition market included increasing solution adoption in the automotive industry, rapid technological advancements, and the introduction of customizable gesture sets.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global 2D gesture recognition market. Detailed profiles of all major companies have been provided. Some of the companies covered include Crunchfish, GestureTek, Ultraleap, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
- How has the global 2D gesture recognition market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global 2D gesture recognition market?
- What is the impact of each driver, restraint, and opportunity on the global 2D gesture recognition market?
- What are the key regional markets?
- Which countries represent the most attractive 2D gesture recognition market?
- What is the breakup of the market based on technology?
- Which is the most attractive technology in the 2D gesture recognition market?
- What is the breakup of the market based on the industry vertical?
- Which is the most attractive industry vertical in the 2D gesture recognition market?
- What is the competitive structure of the global 2D gesture recognition market?
- Who are the key players/companies in the global 2D gesture recognition market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global 2D Gesture Recognition Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Technology
- 6.1 Touch-Based Gesture Recognition
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Touch-Less Gesture Recognition
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Industry Vertical
- 7.1 Automotive
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Consumer Electronics
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Banking Financial Services and Insurance (BFSI)
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Government
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Others
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 Drivers, Restraints, and Opportunities
- 9.1 Overview
- 9.2 Drivers
- 9.3 Restraints
- 9.4 Opportunities
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 Crunchfish
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.1.3 Financials
- 13.3.2 GestureTek
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.3 Ultraleap
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.1 Crunchfish
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
List of Figures
- Figure 1: Global: 2D Gesture Recognition Market: Major Drivers and Challenges
- Figure 2: Global: 2D Gesture Recognition Market: Sales Value (in Million US$), 2017-2022
- Figure 3: Global: 2D Gesture Recognition Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 4: Global: 2D Gesture Recognition Market: Breakup by Technology (in %), 2022
- Figure 5: Global: 2D Gesture Recognition Market: Breakup by Industry Vertical (in %), 2022
- Figure 6: Global: 2D Gesture Recognition Market: Breakup by Region (in %), 2022
- Figure 7: Global: 2D Gesture Recognition (Touch-Based Gesture Recognition) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 8: Global: 2D Gesture Recognition (Touch-Based Gesture Recognition) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 9: Global: 2D Gesture Recognition (Touch-Less Gesture Recognition) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Global: 2D Gesture Recognition (Touch-Less Gesture Recognition) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Global: 2D Gesture Recognition (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: 2D Gesture Recognition (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: 2D Gesture Recognition (Consumer Electronics) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: 2D Gesture Recognition (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: 2D Gesture Recognition (Banking Financial Services and Insurance (BFSI)) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: 2D Gesture Recognition (Banking Financial Services and Insurance (BFSI)) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: 2D Gesture Recognition (Government) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: 2D Gesture Recognition (Government) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Global: 2D Gesture Recognition (Other Industry Verticals) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: 2D Gesture Recognition (Other Industry Verticals) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: North America: 2D Gesture Recognition Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: North America: 2D Gesture Recognition Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: United States: 2D Gesture Recognition Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: United States: 2D Gesture Recognition Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: Canada: 2D Gesture Recognition Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: Canada: 2D Gesture Recognition Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: Asia-Pacific: 2D Gesture Recognition Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: Asia-Pacific: 2D Gesture Recognition Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: China: 2D Gesture Recognition Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: China: 2D Gesture Recognition Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: Japan: 2D Gesture Recognition Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: Japan: 2D Gesture Recognition Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: India: 2D Gesture Recognition Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: India: 2D Gesture Recognition Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: South Korea: 2D Gesture Recognition Market: Sales Value (in Million US$), 2017 & 2022
- Figure 36: South Korea: 2D Gesture Recognition Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: Australia: 2D Gesture Recognition Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: Australia: 2D Gesture Recognition Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: Indonesia: 2D Gesture Recognition Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: Indonesia: 2D Gesture Recognition Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: Others: 2D Gesture Recognition Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: Others: 2D Gesture Recognition Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: Europe: 2D Gesture Recognition Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: Europe: 2D Gesture Recognition Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: Germany: 2D Gesture Recognition Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: Germany: 2D Gesture Recognition Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: France: 2D Gesture Recognition Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: France: 2D Gesture Recognition Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: United Kingdom: 2D Gesture Recognition Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: United Kingdom: 2D Gesture Recognition Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: Italy: 2D Gesture Recognition Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: Italy: 2D Gesture Recognition Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: Spain: 2D Gesture Recognition Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: Spain: 2D Gesture Recognition Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: Russia: 2D Gesture Recognition Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: Russia: 2D Gesture Recognition Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 57: Others: 2D Gesture Recognition Market: Sales Value (in Million US$), 2017 & 2022
- Figure 58: Others: 2D Gesture Recognition Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: Latin America: 2D Gesture Recognition Market: Sales Value (in Million US$), 2017 & 2022
- Figure 60: Latin America: 2D Gesture Recognition Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 61: Brazil: 2D Gesture Recognition Market: Sales Value (in Million US$), 2017 & 2022
- Figure 62: Brazil: 2D Gesture Recognition Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: Mexico: 2D Gesture Recognition Market: Sales Value (in Million US$), 2017 & 2022
- Figure 64: Mexico: 2D Gesture Recognition Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 65: Others: 2D Gesture Recognition Market: Sales Value (in Million US$), 2017 & 2022
- Figure 66: Others: 2D Gesture Recognition Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 67: Middle East and Africa: 2D Gesture Recognition Market: Sales Value (in Million US$), 2017 & 2022
- Figure 68: Middle East and Africa: 2D Gesture Recognition Market: Breakup by Country (in %), 2022
- Figure 69: Middle East and Africa: 2D Gesture Recognition Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Global: 2D Gesture Recognition Industry: Drivers, Restraints, and Opportunities
- Figure 71: Global: 2D Gesture Recognition Industry: Value Chain Analysis
- Figure 72: Global: 2D Gesture Recognition Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: 2D Gesture Recognition Market: Key Industry Highlights, 2022 & 2028
- Table 2: Global: 2D Gesture Recognition Market Forecast: Breakup by Technology (in Million US$), 2023-2028
- Table 3: Global: 2D Gesture Recognition Market Forecast: Breakup by Industry Vertical (in Million US$), 2023-2028
- Table 4: Global: 2D Gesture Recognition Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 5: Global: 2D Gesture Recognition Market: Competitive Structure
- Table 6: Global: 2D Gesture Recognition Market: Key Players
