Key Trends Shaping the Gesture Recognition Touch Less Sensing Market in 2024 & Beyond

The escalating demand for gesture recognition technologies in smartphones and across industries including automotive, government, and finance and banking showcases lucrative prospects for the global gesture recognition and touch-less sensing market. The report evaluates market dynamics based on findings and observations that have been categorized vis-à-vis market drivers, challenges, and opportunities.
The research report provides a comprehensive and executive-level overview of the factors affecting the global gesture recognition and touch-less sensing market. It evaluates the demand and supply trends influencing the manufacturing decision of leading vendors, market drivers, growth inhibitors, and growth prospects of the gesture recognition and touch-less sensing market. In addition, the report conducts a feasibility study of the market and presents refined forecasts pertaining to the growth prospects. Backed by detailed primary and secondary research, the report on the gesture recognition and touch-less sensing market is a valuable tool for the organizations operating in the market.
Overview of the gesture recognition and touch-less sensing market 
The launch of Microsoft’s Kinect in 2010 brought the concept of gesture recognition into the limelight. Ever since then, the market for gesture recognition and touch-less sensing has gained impetus, fuelled by hygiene concerns and the rising demand for advanced methods of contact- free authentication. Gesture recognition and touch-less sensing technologies allow users to interact with devices and perform certain tasks sans the support of mechanical devices.
Over the last couple of years, demand in the gesture recognition and touch-less sensing market has been primarily driven by technological advancements that induced enhanced accuracy. These technologies offer ease of use when integrated, and therefore, are expected to register escalating demand in the forthcoming years. The report has segmented touch-less sensing applications into touch-less biometric and touch-less sanitary equipment.
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Gesture Recognition & Touchless Sensing Market Survey Report
The use of gesture recognition and touch-less sensing will emerge as a sizeable opportunity for companies in this market over the forecast period between 2013 and 2019. Despite witnessing impressive growth trends, the market is faced with challenges such as high cost of product, power consumption of sensors, and achieving the smallest possible sensor size.
By technology type, the market for touch-less sensing is segmented into capacitive sensors and infrared sensors. The market segment of touch-less sensing sanitary equipment encompasses touch-less dispensers, faucets, trashcans, hand dryers, and flushes. On the other hand, technologies such as iris recognition, touch-less fingerprint recognition, voice recognition, and face recognition system, are a part of touch-less biometrics market. Key application sectors for gesture recognition and touch-less sensing technologies analyzed in the report are government, finance and banking, consumer electronics, automotive, transportation, and healthcare.
Companies mentioned in the research report 
Leading market players profiled in the report include, Espros Photonics AG, Microsoft Corporation, eyeSight Technologies, CogniVue Corporation, Gestsure Technologies Ltd., Irisguard, Inc., Elliptic Labs Inc., Omek Interactive, Ltd., Cognitec Systems GmbH, Thalmic Labs Inc., Cross Match Technologies Inc., Movea SA, Microchip Technology Inc., include Qualcomm Inc., and XYZ Interactive Technologies Inc., among others.
Major geographies analyzed under this research report are: 
  • Europe
  • North America
  • Asia-Pacific
  • Rest of the World
This report gives you access to decisive data such as:
  • Market growth drivers
  • Factors limiting market growth
  • Current market trends
  • Market structure
  • Market projections for the coming years
Key highlights of this report
  • Overview of key market forces propelling and restraining market growth
  • Up-to-date analyses of market trends and technological improvements
  • Pin-point analyses of market competition dynamics to offer you a competitive edge
  • An analysis of strategies of major competitors
  • An array of graphics and SWOT analysis of major industry segments
  • Detailed analyses of industry trends
  • A well-defined technological growth map with an impact-analysis
  • Offers a clear understanding of the competitive landscape and key product segments

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

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The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.