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Gesture Recognition Market Trends

  • Report ID: GMI10389
  • Published Date: Jul 2024
  • Report Format: PDF

Gesture Recognition Market Trends

The rising trends in gesture recognition are increasingly shaping the landscape of smart wearable technology. As devices such as smart glasses incorporate advanced features such as live streaming and AI integration, there is a growing emphasis on intuitive user interactions through gesture control. This trend is driven by the need for seamless navigation and engagement in Augmented Reality (AR) environments, where users can perform actions without physical touch. For instance, in September 2023, Meta Platforms, Inc. and EssilorLuxottica unveiled the next generation of smart glasses, the Ray-Ban Meta smart glasses, at the annual Meta Connect event. This new collection features groundbreaking capabilities, including live streaming and integrated Meta AI, along with a higher quality camera and enhanced audio & microphone systems. The redesigned & user-friendly app and charging case further improve the overall experience. These advancements also pave the way for enhanced gesture recognition, enabling users to interact more intuitively with their smart glasses in various applications.
 

Gesture recognition is increasingly finding its way into various consumer electronics, driven by the demand for more intuitive & immersive user experiences. This technology is being integrated into devices such as smartphones, smart TVs, gaming consoles, and wearables, thereby enabling users to interact with their devices in a more natural & seamless manner. For instance, gesture controls allow users to navigate menus, control playback, and even manipulate virtual environments without the need for physical buttons or touchscreens. As manufacturers prioritize user-friendly interfaces, gesture recognition is becoming a standard feature in smart home devices, where users can control lighting, security systems, and entertainment systems through simple hand movements.

Authors: Suraj Gujar, Rutvij Kshirsagar

Frequently Asked Questions (FAQ) :

The market size for gesture recognition was valued at USD 19.8 billion in 2023 and is anticipated to grow at over 20% CAGR between 2024 – 2032 driven by innovations in technology and user demand.

The facial segment in the gesture recognition market will witness over 20% CAGR over 2024 - 2032 driven by advancements in AI & ML.

North America market is expected to reach USD 40 billion by 2032 due to substantial investments in R&D activities.

Leap Motion (UltraHaptics), EyeSight Technologies, Crunchfish, GestureTek, Microsoft Corporation, and Google LLC

Gesture Recognition Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 448
  • Countries covered: 20
  • Pages: 220
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