Table of Contents
1 Introduction
1.1 Definition and Scope
1.1.1 Inclusions and Exclusions
2 Market Dynamics: Gesture Recognition Market
2.1 Introduction
2.2 Market Dynamics: Gesture Recognition Market
Figure 1 Gesture Recognition Market: Drivers, Restraints, Opportunities, and Challenges
2.2.1 Drivers
2.2.1.1 Increasing Demand for Connectivity in the Automotive Industry
2.2.1.2 Technological Advancements Taking Place in Industries Such as Healthcare, Gaming, Consumer Electronics, Automotive and Automation
2.2.1.3 Low Technical Complexity and Enhanced User Experience
Table 1 Advanced Gesture Control Features and Enhanced User Experience
2.2.1.4 Increasing Digitization Across Several Industries
Figure 2 Impact Analysis: Drivers
2.2.2 Restraints
2.2.2.1 High Power Consumption
2.2.2.2 Irrelevant Object Overlapping With 3D Gesture Recognition and Wrong Object Extraction
Figure 3 Impact Analysis: Restraints
2.2.3 Opportunities
2.2.3.1 Integration of Multiple Technologies With Gesture Control
2.2.3.2 Importance of Gesture Recognition in Virtual Reality (VR)
2.2.3.3 Growing Smart Homes Market
Figure 4 Growth of the Smart Homes Market Across the Globe
Figure 5 Impact Analysis: Opportunities
2.2.4 Challenges
2.2.4.1 Complex Framework for Manufacturers
Figure 6 Impact Analysis: Challenges
2.3 Market Dynamics: Touchless Sensing Market
Figure 7 Touchless Sensing Market: Drivers, Restraints, Opportunities, and Challenges
2.3.1 Drivers
2.3.1.1 Increasing Demand for Contact-Free Sensing as Well as Hygiene Issues
Table 2 Benefits Associated With Touchless Sanitary Equipment
2.3.1.2 Touchless Sensors are Cost Effective as Compared to Touch Based Sensors
2.3.1.3 Favorable Programs Deployed By Government
Figure 8 Impact Analysis: Drivers
2.3.2 Restraints
2.3.2.1 Higher Switch Over Price Coupled With User Resistance
Figure 9 Impact Analysis: Restraint
2.3.3 Opportunities
2.3.3.1 The Escalating Demand for Touchless Sensing Technologies in Smartphones
2.3.3.2 Touchless Biometric Solutions With Upgraded Tracking and Controlling Functionalities
Figure 10 Impact Analysis: Opportunities
2.3.4 Challenges
2.3.4.1 Cost Involved in the Products
Figure 11 Impact Analysis: Challenges
2.4 Value Chain Analysis
Figure 12 Gesture Recognition: Value Chain Analysis
Figure 13 Touchless Sensing: Value Chain Analysis
2.5 Impact of Covid-19 on Gesture Recognition and Touchless Sensing Market
3 Company Evaluation Quadrant
3.1 Visionary Leaders
3.2 Innovators
3.3 Dynamic Differentiators
3.4 Emerging Companies
Figure 14 Gesture Recognition and Touchless Sensing Market (Global) Company Evaluation Quadrant
4 Competitive Landscape
4.1 Overview
Figure 15 Product Development Was the Key Growth Strategy From 2017 to 2019
4.2 Ranking Analysis of Key Players in Gesture Recognition and Touchless Sensing Market
Figure 16 Gesture Recognition and Touchless Sensing Market: Ranking of Key Companies
4.3 Competitive Situations and Trends
4.3.1 Product Developments
Table 3 Product Developments, 2019–2020
4.3.2 Expansions
Table 4 Expansions, 2019
4.3.3 Contracts
Table 5 Contracts, 2019
4.3.4 Collaborations
Table 6 Collaborations, 2020
4.3.5 Partnerships
Table 7 Partnerships, 2017–2019
5 Company Profiles
5.1 Key Players
5.1.1 Microsoft
5.1.1.1 Business Overview*
Figure 17 Microsoft: Company Snapshot
5.1.1.2 Products Offered*
5.1.1.3 Recent Developments*
5.1.1.4 SWOT Analysis*
5.1.1.5 MnM View*
(*Above sections are present for all of below companies)
5.1.2 Microchip Technology Inc.
Figure 18 Microchip Technology Inc.: Company Snapshot
5.1.3 Apple Inc.
Figure 19 Apple Inc.: Company Snapshot
5.1.4 Google Inc.
Figure 20 Google Inc.: Company Snapshot
5.1.5 Sony Depthsensing Solutions SA/NV
5.1.6 Infineon Technologies AG
Figure 21 Infineon Technologies AG: Company Snapshot
5.1.7 OmniVision Technologies, Inc.
5.1.8 IrisGuard
5.1.9 Cognitec Systems GmbH
5.1.10 GestureTek
6 Appendix
6.1 Other Important Players
6.1.1 pmdtechnologies ag
6.1.2 PointGrab Inc.
6.1.3 XYZ Interactive
6.1.4 Elliptic Laboratories A/S
6.1.5 Eyesight Technologies Ltd.
6.1.6 Ultraleap
6.1.7 German Auto Labs GAL GmbH
6.1.8 iPROOV Limited
6.1.9 Gesture Research
6.1.10 OBLONG INDUSTRIES, Inc
6.2 Methodology
This report identifies and benchmarks the key market players in the Gesture Recognition and Touchless Sensing Market such as Microsoft Corporation (US), Microchip Technology Inc. (US), Apple Inc. (US), Google Inc. (US), Sony Depthsensing Solutions SA/NV (Belgium) , and evaluates them on the basis of business strategy excellence and strength of product portfolio within the Gesture Recognition and Touchless Sensing ecosystem, combining inputs from various industry experts, buyers, and vendors, and extensive secondary research including annual reports, company press releases, investor presentations, free and paid company databases. They are rated and positioned on 2x2 matrix, called as ‘Company Evaluation Quadrant’, and identified as Visionary Leaders, Dynamic Differentiators, Innovators, or Emerging companies.
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