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Gesture Recognition Market Share, Size, Key Players, Research
and Forecasts to 2024 | Hexa Research
“ The global gesture recognition market to reach USD 21.10 billion by 2024.”
27 November 2018 2018
The global gesture recognition market to reach USD 21.10 billion by 2024, driven by an increasing
demand for automation to provide the convenience of use to the consumer. Other attributes such as
seamless use, user-friendly interface and high accuracy are anticipated to propel the growth of the
market over the projected period.
North America was the largest market for gesture recognition due to the presence of a large-scale
gaming sector. High demand for the latest innovations in digitalized electronics is anticipated to drive
the growth. However, countries such as China, India and Japan are likely to drive the Asia Pacific
industry growth at a CAGR of 32% over the projected period.
Conventional technologies such as 2D are fast being replaced by 3D in numerous consumer
applications such as televisions, gaming consoles and laptops. The availability of a large number of
games with virtual & augmented reality is expected to propel the growth of the market. Gaming
consoles accounted for over 50% of the market share, and this trend is expected to continue over the
next few years.
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