The global gesture recognition and touchless sensing market is anticipated to grow significantly at a CAGR 23.4% owing to increased market demand from consumer electronics and automotive industry as a result of digitalization. The user can interact with the machine without using any mechanical devices due to gesture recognition and touchless sensing. With an effective and technology-focused approach, this technology makes use of facial language, hand gestures, head gestures, and whole-body gestures.
The increased adoption by end-use verticals owing to less technical complexity, increased digitalization worldwide, surge in adoption by OEMs, improved user experience, and technological development in several industries like gaming, consumer electronics, healthcare, automotive & transportation, and automation will propel the market growth for the global gesture recognition and touchless sensing industry.
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The surge in integration of several technologies with gesture control, rising significance of gesture recognition in virtual reality, and increased adoption of smart homes will create new avenues for the worldwide gesture recognition and touchless sensing industry during the analysis period.
Low-cost gesture-enabling software and rising demand for this technology in e-passport programs are some of the additional factors propelling the global gesture control market. In the upcoming years, the market for gesture recognition and touchless sensing will see development prospects due to the integration of various technologies and the increased usage of touch-free sanitary equipment in the residential sector.
Due to its inherent advantages, such as touchless control and improved safety, particularly for applications in automotive and consumer electronics, the global gesture recognition market is predicted to rise.
The producers are encountering a number of difficulties, including disruptions in commercial trade brought on by COVID-19, high initial costs, and a complicated framework of product technology.
Browse 63 market data Tables and 40 Figures spread through 190 Pages and in-depth TOC on " Gesture Recognition and Touchless Sensing Market by Technology (Touchless Gesture Recognition and Touch-Based Gesture Recognition), by Product (Touchless Sanitary Equipment, Touchless Biometric, and Others) by Type (Online and Offline), by Industry Vertical (Automotive, Consumer Electronics, Healthcare, Advertisement & Communication, Defense, Finance and Banking, Government and Others), and Region - Global Forecast to 2028"
By industry vertical, healthcare industry vertical is expected to have a high CAGR during the forecast period.
Based on industry vertical, the global Gesture Recognition and Touchless Sensing market is segregated into Automotive, Consumer Electronics, Healthcare, Advertisement & Communication, Defense, Finance and Banking, Government and Others. The Healthcare industry is anticipated to have a high CAGR during the forecast period owing to the increased adoption of wearable sensor-based gesture recognition and aids in contactless navigation of X-Ray displays and MRI.
Source: VynZ Research
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