About Gesture Recognition Technology
Human-machine interaction has reduced the gap between the two and developed a more natural and intuitive interaction. Humans have come a long way from controlling machines through switches fitted on them to remote controls, and currently, through smartphones. In the future, it will be through natural gestures. Gesture control is by far the most natural form of controlling a device. Gesture recognition technology interprets human motions using computer algorithms. Human motions can be movements of hands, fingers, arms, head, or the entire body. Gestures are used as an input mechanism, aimed at replacing old-fashioned input mechanisms such as keyboards, mouse devices, remote controls, and various other forms of control devices.
Technavio’s analysts forecast the global gesture recognition market for emerging applications to grow at a CAGR of 52.46% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global gesture recognition market for emerging applications for 2016-2020. To calculate the market size, Technavio considers the unit shipment of gesture recognition products in the following application segments: automotive and consumer electronic devices.The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Gesture Recognition Market for Emerging Applications 2016-2020
Technavio recognizes the following companies as the key players in the global gesture recognition market for emerging applications: Microsoft, Sony, eyeSight Technologies, PointGrab, and Samsung.
Commenting on the report, an analyst from Technavio’s team said: “Increase in number of M&A is a key trend for this market. The high growth prospects of gesture recognition technology have compelled vendors across the supply chain to either form strategic partnership or acquire vendors operating in the global gesture recognition market. These strategic partnerships and M&A enable both OEMs, motion sensor vendors, and gesture recognition technology providers to derive maximum benefit out of the growing market. In the past five years, the collaborations among the supply chain members are rising to expand their market presence and increase their market share.”
According to the report, focus on human-machine interface in automotive sector is a key driver for this market. The automotive OEMs have always been involved in developing new forms of interaction between the driver and the vehicle to provide more efficient and intuitive interaction between the two. The automotive manufacturers are investing heavily in R&D for the development of onboard man/machine interaction based on gesture, touch, and voice. Since, voice and touch are already available in majority of the vehicles, the manufacturers are focusing on bringing gesture recognition technology on existing multimedia systems inside the vehicles. This will provide more intuitive experience by enabling the driver to control a number of vehicle functions through hands instead of using the buttons and screens on the central console. Also, it is expected to enhances driver and passenger safety.
Further, the report states that low value-addition of gesture recognition technology is a challenge to market growth. Gesture recognition technology can provide a new, exciting experience to users. However, currently its integrated into consumer electronic devices has failed to attract customers. Devices that still use 2D cameras require users to stand in front of it to perform gestures. Also, users always have to raise their hands to perform gestures in the air, which could be tiring. Moreover, there is latency in the devices because of low computing power.
Microsoft, Sony, eyeSight Technologies, PointGrab, Samsung.