Gesture recognition, touchless sensing to reach $22 billion by 2020
In a new report, Reportlinker.com estimates that the gesture recognition and touchless sensing market will reach US$22.04 billion by 2020.
Gesture recognition has been described by Biometrics Research Group, Inc. as “the mathematical interpretation of a human motion by a computing device. Gestures can originate from any bodily motion or state but commonly originate from the face or hand”, while touchless sensing technologies enable users to interact with a device without touching it.
Touchless sensing can be divided into two broad markets based on the applications, namely touchless sanitary equipment and the touchless biometric market.
The touchless sanitary equipment market is segmented by major product categories such as: faucets, soap dispensers, trash cans, hand dryers, paper towel dispenser, and flushes. The touchless biometric market is segmented by different modalities, including: face, iris, voice, and touchless fingerprint biometrics.
The gesture recognition market is segmented by technologies including: 2-D camera based, 3-D camera based, ultrasonic, infrared arrays, and electric near field.
The new report from Reportlinker.com analyzes both touchless sensing technologies and the gesture recognition market and estimates that the combined market will grow at a double digit CAGR from 2013 to 2020 to cross US$22 billion by the end of a seven year period. The report also estimates that the total touchless sanitary equipment market will grow at a CAGR of above 33 percent from 2013 to 2020.
Reportlinker.com is also projecting that the Asia-Pacific region will be fastest growing area for the touchless biometric market, followed by Europe, the Middle East and Africa. In terms of face recognition, the report argues that government applications will dominate the market for the next several years. The report also finds that consumer electronic applications currently contribute to more than 99 percent of the global gesture recognition market.
The report notes that evolving technology and increasing adoption by original equipment manufacturers will rapidly change the market ecosystem.
2-D camera based technology is expected to dominate the smartphone market for the next seven years, while emerging technologies like ultrasonic, infrared, capacitive/electric near field and 3-D technologies will experience a significant increase in shipments.
The report also expects that healthcare application will emerge as a significant market for gesture recognition technologies over the next seven years and that automotive applications using gesture recognition will be commercialized by 2015.