Gesture Control Market is Expected to Accumulate a Value of US$ 48,454.2 Million by 2032 | Says FMI

The global gesture control market is expected to reach a market value of US$ 10,222.4 Million in 2022 and a market value of US$ 48,454.2 Million by 2032, with a CAGR of 16.8% from 2022 to 2032. Technological advancements and increasing digitization in industries such as automotive, consumer electronics, and healthcare are driving the growth of the gesture control market. In the historical period 2016-2021, the market for gesture control grew at a CAGR of 15.2%.

Gestures are natural and common form of communication for human beings. In today’s digital era of human machine interface (HMI) gesture control has become a primitive part of interaction. Gesture control is a technique to communicate with or without touching machines. Gesture control finds wide applications from electronics to medical industry. One of the leading companies in gesture control technology developed NUIA software (award winning) which uses gestures to control computer operation.

Get | Download Sample Copy @
https://www.futuremarketinsights.com/reports/sample/rep-gb-1756

Global Gesture Control Market: Drivers and Restraints

Gesture control market is primarily driven by growth in consumer electronics such as smart phones, smart TV, smart wearables, etc. Similarly, gesture control technology is combining with the growing virtual reality (VR) and augmented reality (AR) technologies which is anticipated to significantly drive growth of gesture control market. Surge in the health care and automotive industries is also contributing towards the growth of gesture control market.

However, the gestures used by users differ and is causing problems to understand the output and also the motions are not being accurately read due to improper background (light and noise) which is challenging for growth of the global gesture control market. Devices with gesture control technology are relatively expensive which might restrain the advancement of the global gesture control market.

Global Gesture control Market: Region Wise Outlook

The global gesture control market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and Middle East and Africa (MEA). Among the aforementioned regions, North America holds the largest share in the global gesture control market with U.S. and Canada representing high consumer demand for gesture control technology.

Mergers and acquisitions further augments growth of the global gesture control market. For instance, Facebook acquired Oculus VR thus strengthening its virtual reality platform.

Western Europe is the second largest market in terms of value with the presence of leading companies such as gestigon GmbH, a human machine interface company. Western Europe is followed by Japan, a key market for gesture control companies such as Leap Motion Inc., a major influencer in the region due to its strategic partnership with BB Softservice Corp, a multi-channel retailer and distributer.

APEJ market is expected to register high growth rates in the global gesture control market due to rapid adoption of gesture control technology, increasing demand in electronics market, entertainment etc.

MEA market is anticipated to be boosted by advance research studies in human machine interface. eyeSight Technologies Ltd is a company based in Israel which has an expertise in gesture control technology and aims for expansion during the forecast period.

Ask an Analyst @
https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-1756

Global Gesture control Market: Key Players

  • GestureTek
  • gestigon GmbH
  • Leap Motion, Inc.
  • eyeSight Technologies Ltd
  • Thalmic Labs Inc.
  • Intel Corporation
  • Apple Inc.
  • 4tiitoo GmbH
  • Logbar
  • PointGrab
  • Nimble VR
  • apotact labs
  • ArcSoft, Inc.

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Rest Of Latin America)
  • Western Europe (Germany, France, U.K, Nordic countries, BENELUX)
  • Eastern Europe (Poland, Russia, Rest Of Eastern Europe)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC countries, S. Africa, Rest of MEA)

Request for Customization @
https://www.futuremarketinsights.com/customization-available/rep-gb-1756

Key Segments Profiled in the Gesture Control Market Industry Survey

Gesture Control by Input Devices:

  • Wearable based
  • Vision based
  • Infrared based
  • Electric field based
  • Ultrasonic based

Gesture Control by Dimension:

  • 2- Dimension
  • 3- Dimension

Gesture Control by Application:

  • Consumer Electronics
  • Automotive
  • Gaming and Entertainment
  • Healthcare
  • Defense
  • Others

About Us

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse Other Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs

About the Author

Ronak Shah

Associate Vice President at Future Market Insights is deeply committed to uncovering actionable insights for consumer and food and beverage players. She brings a unique blend of analysis, industry trends, and consumer behavior to put data into perspective.

What she makes out of data becomes a delight to read. She has authored many opinions, including for publications like Process Industry Informer and Spinal Surgery News, as she understands the market pulse and consumers' shifting preferences.

She likes to bring experts to a roundtable to weigh the impact of a trend on an industry. Catch up with her discussion on the impact of AI in packaging.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also like these