Gesture Recognition and Touchless Sensing Quadrant Report

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Gesture Recognition and Touchless Sensing Market (Global) Company Evaluation Quadrant
Published on
Apr'2020
Pages
64
Code
360-SE 3453
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Gesture recognition and touchless sensing are two revolutionary technologies that enable users to operate a smart device by eliminating physical connection. Gesture recognition and touchless sensing has evolved significantly over the last decade. Intelligence in electronic devices is highly technology oriented and efficient, as well as ensures a high level of human–machine interaction (HMI). The growth in the market can be attributed to easy adoption due to low technical complexity and increasing digitalization.

The gesture recognition & touchless sensing market is witnessing significant developments. Post-launch of Microsoft Kinect in 2010, the manufacturers and other market players are now focusing on increasing the applications of gesture-enabled solutions in the consumer electronics segment. Currently, laptops, smart TVs, smartphones, and head-mounted displays are equipped with gesture recognition technology. Gesture recognition solutions can be used in sectors such as automotive, healthcare, advertisement and communication, and defense.

The gesture recognition & touchless sensing market is estimated to reach USD 32 billion by 2025. The driving factors for this gesture recognition & touchless sensing market are increasing e-passport programs, growing need for security, and concerns regarding hygiene. The North American region is considered the most advanced in terms of technology adoption and associated services and is among the top regions in gesture recognition market.

FIGURE 1 GESTURE RECOGNITION MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES

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, & strength of product portfolio within the 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 a 2x2 matrix, called as ‘Company Evaluation Quadrant’, and identified as Visionary Leaders, Dynamic Differentiators, Innovators, or Emerging companies.

The report includes market-specific company profiles of 20 players and assesses the recent developments that shape the competitive landscape of this highly fragmented market.


List of companies evaluated and profiled in the report:

  • APPLE INC. (US)
  • COGNITEC SYSTEMS GMBH (GERMANY)
  • ELLIPTIC LABS (NORWAY)
  • EYESIGHT TECHNOLOGIES LTD. (ISRAEL)
  • GERMAN AUTO LABS GMBH (GERMANY)
  • GESTURETEK (CANADA)
  • GESTURE RESEARCH (INDIA)
  • GOOGLE INC. (US)
  • INFINEON TECHNOLOGIES AG (GERMANY)
  • IPROOV LIMITED (UK)
  • IRISGUARD (UK)
  • MICROSOFT CORPORATION (US)
  • MICROCHIP TECHNOLOGY INC. (US)
  • OBLONG INDUSTRIES (US)
  • OMNIVISION TECHNOLOGIES, INC. (US)
  • PMDTECHNOLOGIES AG (GERMANY)
  • POINTGRAB INC. (ISRAEL)
  • SONY DEPTHSENSING SOLUTIONS SA/NV (BELGIUM)
  • ULTRALEAP (UK)
  • XYZ INTERACTIVE (CANADA)

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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