Semiconductors & Electronics Industry Gesture Recognition Market Trends 2024
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Gesture Recognition Market Size, Analysis, Share, Trends,
Growth, Industry Overview and Forecasts to 2024 | Hexa
Research
"The global gesture recognition market is expected to
reach USD 21.1 billion by 2024 on account of rising
demand for controlled features in consumer
electronics."
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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