The Gesture Control Market is poised for significant growth in the coming years, with a projected market value of US$ 11,806.9 million in 2023, and an estimated total worth of US$ 57,403.5 million by 2033. This growth is expected to be driven by a robust compound annual growth rate (CAGR) of 17.1% from 2023 to 2033. Notably, the market achieved a CAGR of 15% during the historical period from 2018 to 2022.
Gesture control, a natural and intuitive form of human-machine interaction, has become a pivotal element of today’s digital landscape, primarily fuelled by technological advancements and the increasing digitization across various sectors, including automotive, consumer electronics, and healthcare.
The Gesture Control Market is expanding due to its use in a variety of end-user industries such as consumer electronics, virtual reality, augmented reality, healthcare, and automotive. The user-friendliness of gesture control technology has increased its popularity, improving usability and boosting adoption across several industries.
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Key Takeaways
- The gesture control market in India is expected to rise rapidly, with a CAGR of 18.4% by 2033, due to increased use in the consumer electronics and automotive sectors.
- The gesture control industry in the United Kingdom is estimated to develop at a CAGR of 17.3% by 2033 as industries integrate gesture-based interfaces to improve user experience and control equipment.
- China’s gesture control sector is expected to develop at a 15.2% CAGR by 2033, owing to the country’s breakthroughs in AI and IoT technologies, which are boosting demand for gesture-based interactions.
- The gesture control market in Australia is expected to rise slowly, with a CAGR of 2.5% by 2033, as businesses investigate gesture control applications in gaming, virtual reality, and smart home systems.
- The gesture control sector in Japan is expected to expand at a moderate CAGR of 4.2% by 2033, as the country’s automotive and robotics sectors integrate gesture-based interfaces for improved control and safety.
Competitive Landscape
Microsoft, Apple, and Google all have a strong presence in the market, offering gesture control options via their own platforms, such as Kinect, Face ID, and Google Soli. To sustain a competitive advantage, these organizations rely on their vast R&D capabilities and high brand recognition.
Manufacturers of specialized gesture control technology, such as Leap Motion, eyeSight technology, and SoftKinetic (Sony Depth Sensing Solutions), concentrate entirely on creating and supplying gesture control solutions. These players frequently focus on specific applications, such as gaming, virtual reality, and automotive, and provide specialized solutions customized to the needs of their target industry.
Recent Development
- At Sensor+ Tesy in April 2023, Elmos introduced sensor IC solutions and novel concepts for smart switches for enhanced gesture control. By providing smooth human-machine interfaces through simple gestures, this technology enhances automotive and industrial applications.
- In January 2023, PreAct Technologies, a company that creates flash LIDAR technology, acquired Gestos, a software start-up in Barcelona. As a result of this acquisition, PreAct plans to integrate Gestoos’ cutting-edge computer vision and gesture recognition technology into its extensive activity monitoring, device control, and spatial awareness system.
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
Gesture Control by Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
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Author:
Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.
He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client’s requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting’ at the ET Inspiring Leaders Awards 2022.
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