Gesture Recognition and Touchless Sensing Market – Global Forecast To 2029
The gesture recognition and touchless sensing market is projected to grow from USD 24.6 billion in 2024 to USD 62.2 billion by 2029; it is expected to grow at a CAGR of 20.4% during the forecast period.
ジェスチャー認識およびタッチレスセンシング市場は、2024年の246億ドルから2029年までに622億ドルに成長すると予測されています。予測期間中に 20.4% の CAGR で成長すると予想されます。
Some major factors driving the growth of the gesture recognition and touchless sensing market include the demand for connectivity in the automotive industry, growth in awareness regarding contactless equipment, and tracking and controlling functionality upgrades in touchless biometric solutions. However, high replacement expenses and user resistance to new products are a challenge for the market in the near future. The major growth opportunities for the market players are higher use of gesture recognition in VR and video games.
The report provides insights on the following pointers:
- Analysis of critical drivers (growth in digitalization and rise in technological advancements across industry verticals, rise in demand for connectivity in automotive industry, increase in investments by prominent players in developing HMDs, rise in awareness regarding contactless equipment, and increase in government initiatives to improve digitalization), restraints (trade restrictions between US and China and high replacement expenses and user resistance to new products), opportunities (tracking and controlling functionality upgrades in touchless biometric solutions, higher use of gesture recognition in VR and video games, and increase in smart homes), and challenges (high h and complex framework of product technologies) influencing the growth of the gesture recognition and touchless sensing market
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the gesture recognition and touchless sensingmarket
- Market Development: Comprehensive information about lucrative markets – the report analyses the gesture recognition and touchless sensing market across varied regions
- Market Diversification: Exhaustive information about new products & technologies, untapped geographies, recent developments, and investments in the gesture recognition and touchless sensing market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and product/service offerings of leading players like Microsoft Corporation (US), Microchip Technology Inc. (US), Apple Inc. (US), Google LLC (US), Infineon Technologies (Germany), Sony Depth sensing Solutions (Belgium), Cognitec Systems GmbH (Germany), GestureTek (Canada), OMNIVISION (US), and IrisGuard (UK), among others in the gesture recognition and touchless sensing market.