Gesture Recognition and Touchless Sensing Market – What are the main applications and challenges?

Gesture Recognition And Touchless Sensing Market is categorized into touch based and touchless technology. Major touch based products are gyroscope, accelerometer, and combo sensors; the touchless segment includes technology usage in ultrasonic (3D), infrared 2D array, and camera solutions.

Gesture recognition and touchless sensing market in application segments comprise consumer electronics, gaming, automotive, hospitality, aerospace and defense, commercial centers, medical centers, and educational hubs. Key technology segments of the touchless sensing market are RFID, camera based, voice recognition, and sensors, while products include sanitary equipment and biometric. Major verticals where these products are used include consumer electronics, government, finance & banking, healthcare, and automotive.

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North America gesture recognition and touchless sensing market share was the largest, with over 35% of the total revenue in 2015. The region is forecast to witness substantial growth across the touchless biometric market, followed by MEA. Use of this technology is increased in the industrial sector due to increasing challenges in the non-automatic operation of machineries and increased gesture controlled operations in factory automation. Smart devices that detect hand gestures as well as body movements in the field of defense and aerospace is stimulating industry demand in the region.

Asia Pacific gesture recognition and touchless sensing market share is projected to grow at over 50% CAGR from 2016 to 2023.It is expected to capture the largest revenue share due to increased adoption of touchless biometric equipment, rising popularity of advanced devices in educational institutions such as gaming devices and smart projectors. Increasing application in biometric systems and sanitary equipment are predominant factors for growth in this region. Major regional contributors are China, Japan, India, and South Korea.

For facial recognition, applications in government sector will dominate revenue in the gesture recognition and touchless sensing market over the forecast period. 2D camera technology will govern the smartphones sector. Advancing technologies such as ultrasonic, capacitive or electric charge near field, infrared, and 3D technologies are set to witness a substantial increase in freighting .The technology incorporated into a wide range of devices, interactive digital signs, including medical equipment, robots and arcade game machines will enhance revenue across consumer applications.

Gesture Recognition And Touchless Sensing Market size was over USD 6 billion in 2015 and is estimated to increase at more than 20% CAGR and cross USD 30 billion in 2023.  The market is highly technology-oriented, efficient, ensures a high level of human-machine interaction (HMI), and enables the user to give meaningful commands with full body motions, hand motions, and/or facial expressions.

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