Thursday, July 13, 2023

Gesture Recognition Market in APAC is projected to Reach at the highest CAGR during the Forecast Period

The gesture recognition and touchless sensing market in APAC comprises China, Japan, South Korea, India, and the Rest of APAC, which primarily includes Australia, Singapore, Malaysia and Thailand. It is expected to be the fastest-growing market for gesture recognition and touchless sensing industry during the forecast period.

Developing countries in the Asia Pacific region also have vast growth potential and a favorable environment for product manufacturers. Therefore, the touchless sensing market in the Asia Pacific region is expected to grow at the highest rate during the forecast period.

The increasing awareness regarding hygiene and advanced security standards in emerging countries, such as India and China, are propelling the growth of the gesture recognition and touchless sensing market. Moreover, governments give prime importance to security in countries such as China, Japan, and South Korea.

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Gesture recognition and touchless sensing market is projected to reach USD 37.6 billion by 2026 from USD 13.6 billion in 2021; it is expected to grow at a CAGR of 22.6% from 2021 to 2026.

North America has the largest market share for gesture recognition and touchless sensing. Whereas, APAC has the highest growth rate and is expected to grow at the highest CAGR during the forecast period owing to the rapidly changing face of technology and customer needs in high-potential markets such as China, Japan, South Korea, and India.

The application of gesture recognition technology in healthcare, gaming, consumer electronics, and automotive is increasing. In recent years, the use of wearable sensor-based gesture recognition has increased in the healthcare industry.

Online gesture recognition is used to scale or rotate a tangible object and control a machine or a computer in real-time. Also called direct manipulation gestures, it lets the user interact with objects and impose changes viewable as done to them. Online gestures are regarded as direct manipulation, such as scaling and rotating.

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