This market study analyzes the market status, market share, growth rate, future trends, market drivers, opportunities, challenges, risks, entry barriers, sales channels, distributors and Porter's Five Forces Analysis. Global Gesture Recognition and Touchless Sensing market analysis report plays very essential role when it is about achieving an incredible growth in the business. It has been believed that the premium market research report is the one which is pertinent, unique, and creditable that employs proven tools and techniques to turn complex market insights into simpler version. Whether it is about renovating a business plan, preparing a presentation for a key client, or giving recommendations to an executive, Gesture Recognition and Touchless Sensing market report will surely help to a degree.
The gesture recognition and touchless sensing market will reach at an estimated value of USD 64.19 billion by 2028 and grow at a CAGR of 20.5% in the forecast period of 2021 to 2028. Increase in the demand for connectivity in the automotive industry is an essential factor driving the gesture recognition and touchless sensing market.
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Market Overview:
Gesture recognition and touchless sensing are two technologies which are part of paradigm in human-machine interfaces. This technology works with the goal of interpreting human gestures via mathematical algorithms. Gestures can originate from any state or bodily motion but commonly originate from the hand or face.
Gesture Recognition and Touchless Sensing Market Scope and Market Size
The gesture recognition and touchless sensing market is segmented on the basis of technology, product and industry. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
· On the basis of technology, the gesture recognition and touchless sensing market is segmented into touch-based gesture recognition, touchless gesture recognition, RFID technology, camera-based technology, sensors, voice assistance and others. Touch-based gesture recognition has been further segmented into multi-touch system and motion gesture. Touchless gesture recognition has been further segmented into capacitive/electric field, infrared array, ultrasonic technology, 2D camera-based technology and 3D vision technologies.
· Based on product, the gesture recognition and touchless sensing market is segmented into touchless sanitary equipment, touchless biometric and others. Touchless sanitary equipment has been further segmented into touchless faucets, touchless soap dispensers, touchless towel dispensers, touchless trashcans and hand dryers. Touchless biometric has been further segmented into touchless fingerprint recognition, Iris recognition, and face recognition system and voice recognition.
The major players covered in gesture recognition and touchless sensing market report are ESPROS Photonics, Microsoft, Eyesight Technologies Ltd., Cognivue, Gestsure Technologies Ltd., Elliptic Laboratories A/S, Cognitec Systems GmbH, North Inc., Crossmatch, Microchip Technology Inc., Qualcomm Technologies, Inc., Gesture Recognition and Touchless Sensing Interactive, pmdtechnologies ag, OBLONG INDUSTRIES, INC, MetaSensor Inc., GESTURE RESEARCH, PointGrab Inc., OmniVision Technologies, Inc. and Infineon Technologies AG among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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